KTF Investments LLC Invests $16.39 Million in The Home Depot, Inc. $HD

Key Points

• KTF Investments LLC purchased a new stake of 47,621 shares in The Home Depot valued at approximately $16.39 million, making HD about 2.7% of KTF’s portfolio and its 14th-largest holding.
• Home Depot beat quarterly expectations with $2.72 EPS versus a $2.52 consensus and $38.20B revenue, set FY2026 EPS guidance of 14.230–14.799 (analysts expect ~15.03), and raised its quarterly dividend to $2.33 (annualized $9.32, ~2.8% yield).
• 70.86% of HD is owned by institutional investors (Vanguard, Wellington and others increased stakes recently), while CFO Richard V. McPhail sold 2,550 shares at $368.89, reducing his ownership by about 5.4%.

KTF Investments LLC purchased a new stake in The Home Depot, Inc. (NYSE:HD - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 47,621 shares of the home improvement retailer's stock, valued at approximately $16,386,000. Home Depot makes up approximately 2.7% of KTF Investments LLC's investment portfolio, making the stock its 14th biggest holding.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its holdings in Home Depot by 1.3% in the fourth quarter. Vanguard Group Inc. now owns 99,635,779 shares of the home improvement retailer's stock valued at $34,284,672,000 after purchasing an additional 1,325,748 shares in the last quarter. Capital Research Global Investors boosted its holdings in Home Depot by 0.3% in the third quarter. Capital Research Global Investors now owns 11,400,133 shares of the home improvement retailer's stock valued at $4,619,229,000 after purchasing an additional 30,739 shares in the last quarter. Wellington Management Group LLP boosted its holdings in Home Depot by 60.8% in the third quarter. Wellington Management Group LLP now owns 10,143,089 shares of the home improvement retailer's stock valued at $4,109,878,000 after purchasing an additional 3,836,051 shares in the last quarter. Fisher Asset Management LLC boosted its holdings in Home Depot by 2.0% in the third quarter. Fisher Asset Management LLC now owns 10,130,293 shares of the home improvement retailer's stock valued at $4,104,694,000 after purchasing an additional 197,211 shares in the last quarter. Finally, Legal & General Group Plc boosted its holdings in Home Depot by 1.9% in the third quarter. Legal & General Group Plc now owns 6,181,165 shares of the home improvement retailer's stock valued at $2,504,546,000 after purchasing an additional 116,875 shares in the last quarter. 70.86% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Home Depot

In other news, CFO Richard V. Mcphail sold 2,550 shares of the company'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 transaction of $940,669.50. Following the completion of the sale, the chief financial officer owned 44,566 shares in the company, valued at $16,439,951.74. This represents a 5.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.08% of the stock is owned by company insiders.

Home Depot Price Performance

HD stock opened at $332.29 on Tuesday. The company has a market capitalization of $330.97 billion, a P/E ratio of 23.35, a PEG ratio of 3.67 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 business has a 50 day simple moving average of $346.54 and a 200-day simple moving average of $360.16. 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 earnings per share for the quarter, beating the consensus estimate of $2.52 by $0.20. The business had revenue of $38.20 billion during 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 period in the prior year, the company earned $3.13 earnings per share. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. As a group, equities analysts anticipate that The Home Depot, Inc. will post 15.03 EPS for the current year.

Home Depot Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Thursday, March 12th were paid a dividend of $2.33 per share. This represents a $9.32 annualized dividend and a dividend yield of 2.8%. 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 currently 65.50%.

Home Depot News Summary

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

• Positive Sentiment: Company digital investments are improving in-store productivity and traffic, suggesting e-commerce is augmenting rather than cannibalizing bricks-and-mortar sales — a structural benefit for margins and same-store economics. Home Depot's Digital Growth: Supporting Store Productivity?
• Positive Sentiment: Income-oriented bulls point to HD’s reliable dividend as a strong reason to hold the stock for yield and total-return investors, underpinning demand even amid cyclical softness. 1 Reason I'd Buy Home Depot Stock Today and Never Sell
• Neutral Sentiment: Some analysts argue HD is evolving into a “Pro” infrastructure play beyond traditional retail, but recent profit contraction and a modest near-term earnings outlook keep the thesis mixed for valuation-sensitive investors. What Justifies Home Depot’s 23x Multiple?
• Neutral Sentiment: Media pieces highlight that Wall Street’s aggregate analyst ratings are bullish on HD, but questions about the usefulness of the average brokerage recommendation may blunt the immediate impact of upgrades/downgrades. Is It Worth Investing in Home Depot (HD) Based on Wall Street's Bullish Views?
• Negative Sentiment: Home Depot shares were marked down amid a market uptick—investors rotated into other sectors while caution around housing and discretionary spending weighed on HD, contributing to today’s decline. Home Depot (HD) Stock Falls Amid Market Uptick: What Investors Need to Know
• Negative Sentiment: Wren Kitchens — a U.K. cabinet maker that had a strategic partnership with Home Depot — filed Chapter 7 and shuttered U.S. operations; while not a core Home Depot business, the collapse highlights stress in the home-renovation supply chain and a softer consumer environment for big-ticket home projects. Wren Kitchens ceases operations in the US, files for bankruptcy

Analyst Upgrades and Downgrades

HD has been the subject of a number of research analyst reports. BNP Paribas Exane lowered their price target on Home Depot from $391.00 to $348.00 and set a "neutral" rating for the company in a report on Tuesday, March 24th. UBS Group reaffirmed an "outperform" rating on shares of Home Depot in a report on Tuesday, March 24th. Evercore decreased their price objective on Home Depot from $425.00 to $415.00 and set an "outperform" rating for the company in a report on Tuesday, March 31st. Daiwa Securities Group increased their price objective on Home Depot from $360.00 to $390.00 and gave the company a "neutral" rating in a report on Thursday, February 26th. Finally, Gordon Haskett increased their price objective on Home Depot from $330.00 to $370.00 and gave the company a "hold" rating in a report on Wednesday, February 11th. Twenty investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $414.17.

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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