Korea Investment CORP Has $324.20 Million Stock Position in The Home Depot, Inc. $HD

Key Points

• Korea Investment CORP raised its stake in The Home Depot to 800,121 shares (worth about $324.2 million), a 3.2% increase in Q3 that represents roughly 0.08% of Home Depot and makes HD its 22nd largest holding.
• Home Depot reported Q4 revenue down ~3.8% YoY but an EPS beat ($2.72 vs. $2.52 est.), raised the quarterly dividend to $2.33 (annualized $9.32, ~2.6% yield), and set FY26 guidance of $14.23–$14.80 EPS (analysts average ~15.13 EPS).
• Market signals are mixed: institutional ownership is ~71% and analysts rate HD a "Moderate Buy" with a consensus target of about $416, while insider selling (CFO sold ~2,550 shares) and concerns over leverage (debt/equity ~3.62) and a ~65% payout ratio add caution.

Korea Investment CORP boosted its holdings in The Home Depot, Inc. (NYSE:HD - Free Report) by 3.2% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 800,121 shares of the home improvement retailer's stock after purchasing an additional 25,003 shares during the quarter. Home Depot comprises 0.7% of Korea Investment CORP's holdings, making the stock its 22nd largest holding. Korea Investment CORP owned 0.08% of Home Depot worth $324,201,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in HD. Sagard Holdings Management Inc. bought a new position in Home Depot during the second quarter worth $29,000. Financially Speaking Inc acquired a new position in shares of Home Depot during the third quarter valued at about $31,000. LFA Lugano Financial Advisors SA bought a new position in shares of Home Depot during the 2nd quarter worth about $32,000. Legacy Investment Solutions LLC acquired a new stake in shares of Home Depot in the 2nd quarter valued at about $35,000. Finally, Dougherty Wealth Advisers LLC bought a new stake in Home Depot in the 3rd quarter valued at about $38,000. 70.86% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Home Depot

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

• Positive Sentiment: Launched a real‑time GPS delivery tracker for big & bulky materials aimed at Pro customers — this product should reduce jobsite downtime, deepen contractor relationships and increase service stickiness for Home Depot’s high-value Pro channel. PR Newswire: Delivery Tracker
• Positive Sentiment: Bullish media endorsement from Jim Cramer — he flagged HD as a core holding for when rates are cut, which can lift investor interest in cyclical/interest-rate-sensitive names. MSN: Jim Cramer
• Positive Sentiment: Dividend increased to $2.33 quarterly (annualized $9.32, ~2.6% yield) — supports income investor demand and underscores management’s confidence in cash flow. MarketBeat: HD overview
• Neutral Sentiment: Institutional repositioning — several smaller institutional buys reported in Q4 but overall ownership remains concentrated (≈71% institutional). These moves are incremental and not large directional shifts. MarketBeat: Institutional activity
• Neutral Sentiment: Mixed analyst coverage — majority of analysts rate HD Buy/Moderate Buy with a consensus target above the current price, but several firms trimmed targets recently; investors watch revisions for guidance on earnings momentum. Yahoo: Buy/Sell/Hold discussion
• Negative Sentiment: Insider selling — CFO Richard McPhail sold 2,550 shares (~$940k). Insider sales can prompt short‑term selling or investor caution even when not uncommon. InsiderTrades: CFO sale
• Negative Sentiment: Top‑line softness and valuation pressure — Q4 revenue fell ~3.8% YoY despite an EPS beat, and some commentary/articles flag valuation concerns relative to growth. High leverage (debt/equity ~3.6) and a payout ratio near ~65% increase sensitivity to slower sales. Yahoo: Delivery tracker + valuation note

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on HD shares. Stifel Nicolaus cut their price target on Home Depot from $370.00 to $350.00 and set a "hold" rating on the stock in a report on Monday, December 1st. KeyCorp reiterated a "sector weight" rating on shares of Home Depot in a report on Wednesday, February 25th. DZ Bank reissued a "sell" rating on shares of Home Depot in a research report on Tuesday, November 18th. Sanford C. Bernstein boosted their price target on shares of Home Depot from $381.00 to $390.00 and gave the company a "market perform" rating in a research note on Wednesday, February 25th. Finally, Telsey Advisory Group upped their price objective on shares of Home Depot from $410.00 to $435.00 and gave the stock an "outperform" rating in a report on Wednesday, February 25th. Twenty equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $416.00.

Insider Activity at Home Depot

In other news, CFO Richard V. Mcphail sold 2,550 shares of the stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $368.89, for a total transaction of $940,669.50. Following the completion of the transaction, the chief financial officer directly owned 44,566 shares of the company's stock, valued at $16,439,951.74. This represents a 5.41% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Ann Marie Campbell sold 145 shares of the firm's stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $358.26, for a total transaction of $51,947.70. Following the sale, the executive vice president owned 12,320 shares of the company's stock, valued at approximately $4,413,763.20. The trade was a 1.16% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 7,513 shares of company stock valued at $2,689,515 in the last three months. Insiders own 0.10% of the company's stock.

Home Depot Trading Down 0.9%

NYSE:HD opened at $358.28 on Friday. The Home Depot, Inc. has a 52 week low of $326.31 and a 52 week high of $426.75. The firm has a 50-day moving average price of $373.58 and a two-hundred day moving average price of $378.62. The company has a debt-to-equity ratio of 3.62, a quick ratio of 0.26 and a current ratio of 1.06. The firm has a market cap of $356.67 billion, a price-to-earnings ratio of 25.18, a price-to-earnings-growth ratio of 12.86 and a beta of 1.09.

Home Depot (NYSE:HD - Get Free Report) last announced its earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 earnings per share for the quarter, topping analysts' consensus estimates of $2.52 by $0.20. The firm had revenue of $38.20 billion for the quarter, compared to the consensus estimate of $38.01 billion. Home Depot had a return on equity of 134.32% and a net margin of 8.60%.The company's revenue was down 3.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.13 EPS. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. On average, equities analysts expect that The Home Depot, Inc. will post 15.13 earnings per share for the current fiscal year.

Home Depot Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Thursday, March 12th will be paid a $2.33 dividend. The ex-dividend date is Thursday, March 12th. This is a positive change from Home Depot's previous quarterly dividend of $2.30. This represents a $9.32 dividend on an annualized basis and a yield of 2.6%. Home Depot's dividend payout ratio is presently 64.65%.

Home Depot Profile

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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