Kerusso Capital Management LLC Trims Holdings in The Home Depot, Inc. $HD

Key Points

• Kerusso Capital Management trimmed its stake in Home Depot by 39.3% in Q4 to 4,835 shares (about $1.66M); institutional investors now own roughly 70.86% of the stock and the CFO sold 2,550 shares (a 5.41% reduction) amid nearly $30M of insider sales over the past year.
• Analysts are mixed but leaning positive: the consensus rating is a Moderate Buy with an average price target of $414.17 (20 Buys, 12 Holds, 1 Sell), although several firms recently adjusted their targets.
• Home Depot beat Q4 estimates (EPS $2.72 vs. $2.52; revenue $38.20B vs. $38.01B), set FY2026 guidance of 14.230–14.799 EPS, and raised its quarterly dividend to $2.33 (annualized $9.32, 2.7% yield).

Kerusso Capital Management LLC trimmed its position in The Home Depot, Inc. (NYSE:HD - Free Report) by 39.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,835 shares of the home improvement retailer's stock after selling 3,136 shares during the quarter. Kerusso Capital Management LLC's holdings in Home Depot were worth $1,664,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the company. Emprise Bank raised its stake in shares of Home Depot by 0.8% in the third quarter. Emprise Bank now owns 3,135 shares of the home improvement retailer's stock worth $1,270,000 after purchasing an additional 26 shares during the last quarter. Stegent Equity Advisors Inc. raised its stake in shares of Home Depot by 2.7% in the third quarter. Stegent Equity Advisors Inc. now owns 1,006 shares of the home improvement retailer's stock worth $408,000 after purchasing an additional 26 shares during the last quarter. Unique Wealth LLC raised its stake in shares of Home Depot by 1.2% in the third quarter. Unique Wealth LLC now owns 2,280 shares of the home improvement retailer's stock worth $924,000 after purchasing an additional 27 shares during the last quarter. Arcus Capital Partners LLC raised its stake in shares of Home Depot by 1.1% in the third quarter. Arcus Capital Partners LLC now owns 2,445 shares of the home improvement retailer's stock worth $991,000 after purchasing an additional 27 shares during the last quarter. Finally, Westfuller Advisors LLC raised its stake in shares of Home Depot by 2.1% in the fourth quarter. Westfuller Advisors LLC now owns 1,325 shares of the home improvement retailer's stock worth $456,000 after purchasing an additional 27 shares during the last quarter. 70.86% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have recently issued reports on HD shares. BNP Paribas Exane reduced their price objective on Home Depot from $391.00 to $348.00 and set a "neutral" rating for the company in a research note on Tuesday, March 24th. Piper Sandler reduced their price objective on Home Depot from $441.00 to $422.00 and set an "overweight" rating for the company in a research note on Monday, February 23rd. Zacks Research upgraded Home Depot from a "strong sell" rating to a "hold" rating in a research note on Monday, February 9th. Wells Fargo & Company lifted their price target on Home Depot from $395.00 to $420.00 and gave the company an "overweight" rating in a research report on Wednesday, February 25th. Finally, Sanford C. Bernstein lifted their price target on Home Depot from $381.00 to $390.00 and gave the company a "market perform" rating in a research report on Wednesday, February 25th. Twenty investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $414.17.

Insider Activity at Home Depot

In other news, CFO Richard V. Mcphail sold 2,550 shares of the business's stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $368.89, for a total value of $940,669.50. Following the completion of the sale, the chief financial officer directly owned 44,566 shares in the company, valued at $16,439,951.74. The trade was a 5.41% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.08% of the stock is owned by company insiders.

Home Depot News Summary

Here are the key news stories impacting Home Depot this week:

• Positive Sentiment: Wolfe Research reiterated an Outperform rating and a $414 price target following comments from HD’s CFO, bolstering analyst confidence and providing a tangible upside anchor for the stock. Wolfe Research Bullish on The Home Depot
• Positive Sentiment: Home Depot rolled out AI-powered phone agents built on Google Cloud’s Gemini, claiming 4x faster customer support—an execution win that should improve customer experience and could lower service costs over time. Home Depot Delivers Customer Support Four Times Faster
• Positive Sentiment: Coverage highlights HD’s investment in tech and infrastructure to reduce customer friction (delivery/membership dynamics), supporting long-term competitiveness versus e-commerce peers. Home Depot adds tech and infrastructure to fix customer friction
• Neutral Sentiment: Comparisons with Williams‑Sonoma frame differing growth paths (HD’s scale and Pro channel vs WSM’s premium, digital-first model); useful strategic context but not an immediate stock mover. Home Depot vs Williams-Sonoma
• Neutral Sentiment: Valuation/positioning pieces debate whether HD’s current price reflects fair value given recent consumer-spending worries; helpful for longer-term investors assessing entry points. Is It Too Late To Consider Home Depot (HD)?
• Negative Sentiment: Analysts expect HD’s upcoming fiscal Q1 to show a single‑digit profit decline, which creates short-term earnings risk and can pressure the stock around the report. Home Depot's Quarterly Earnings Preview
• Negative Sentiment: SEC filings show executives sold nearly $30M of HD stock over the past year; while insider selling can be routine, it may raise questions for some investors about near-term confidence. Insiders Are Selling Home Depot Stock
• Negative Sentiment: Coverage noting a recent slip as HD refines its Pro-builder strategy signals execution risk in a key growth segment—this can weigh on near-term sentiment. “Win the Pro”: Home Depot Stock Slips
• Negative Sentiment: Recent coverage flagged a sharper short-term decline versus the broader market on April 21, reflecting volatility that could continue if macro or discretionary-spending data disappoint. Home Depot (HD) Falls More Steeply Than Broader Market

Home Depot Stock Up 0.2%

Shares of HD stock opened at $340.15 on Friday. The stock has a market cap of $338.80 billion, a P/E ratio of 23.90, a P/E/G ratio of 3.71 and a beta of 1.09. The Home Depot, Inc. has a twelve month low of $315.31 and a twelve month high of $426.75. The stock has a 50 day moving average of $348.82 and a 200 day moving average of $361.19. The company has a current ratio of 1.06, a quick ratio of 0.26 and a debt-to-equity ratio of 3.62.

Home Depot (NYSE:HD - Get Free Report) last posted its quarterly earnings data on Tuesday, February 24th. The home improvement retailer reported $2.72 EPS for the quarter, beating analysts' consensus estimates of $2.52 by $0.20. The business had revenue of $38.20 billion during the quarter, compared to analysts' expectations of $38.01 billion. Home Depot had a return on equity of 134.32% and a net margin of 8.60%.The business's revenue was down 3.8% compared to the same quarter last year. During the same period in the previous year, the business earned $3.13 earnings per share. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. As a group, sell-side analysts expect that The Home Depot, Inc. will post 15.03 EPS for the current year.

Home Depot Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Thursday, March 12th were given a $2.33 dividend. This represents a $9.32 dividend on an annualized basis and a dividend yield of 2.7%. This is a boost from Home Depot's previous quarterly dividend of $2.30. The ex-dividend date was Thursday, March 12th. Home Depot's dividend payout ratio (DPR) is presently 65.50%.

About Home Depot

The Home Depot, Inc NYSE: HD is a leading home improvement retailer that operates large-format stores and an integrated online platform offering a broad range of products and services for do-it-yourself consumers, professional contractors and businesses. The company was founded in 1978 by Bernard Marcus and Arthur Blank and is headquartered in Atlanta, Georgia. Since opening its first stores at the end of the 1970s, Home Depot has grown into a multinational retailer known for its orange-branded stores and wide assortment of home improvement merchandise.

Home Depot's core business includes the sale of building materials, lumber, tools, hardware, appliances, paint, plumbing and electrical supplies, lawn and garden products, and home décor.

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