NorthRock Partners LLC Has $8.63 Million Stock Holdings in The Home Depot, Inc. $HD

Key Points

• NorthRock Partners increased its stake in The Home Depot by 20.5% to 21,291 shares, a position worth about $8.63 million as of the latest SEC filing.
• Other large institutions also moved in size—Norges Bank, Vanguard, Laurel Wealth, Franklin Resources and Amundi made significant changes—and institutional/hedge funds now own roughly 70.86% of the stock.
• Home Depot beat quarterly EPS at $2.72 (vs. $2.52 est.) while revenue fell 3.8% year‑over‑year; the company set FY2026 EPS guidance of $14.23–$14.799 and raised its quarterly dividend to $2.33 (2.8% yield).

NorthRock Partners LLC raised its stake in The Home Depot, Inc. (NYSE:HD - Free Report) by 20.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 21,291 shares of the home improvement retailer's stock after purchasing an additional 3,628 shares during the period. NorthRock Partners LLC's holdings in Home Depot were worth $8,627,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in HD. Norges Bank acquired a new stake in shares of Home Depot in the 2nd quarter valued at about $4,885,603,000. Laurel Wealth Advisors LLC raised its stake in Home Depot by 36,207.5% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 10,076,783 shares of the home improvement retailer's stock worth $3,694,552,000 after buying an additional 10,049,029 shares during the period. Vanguard Group Inc. boosted its holdings in Home Depot by 1.5% in the second quarter. Vanguard Group Inc. now owns 97,978,814 shares of the home improvement retailer's stock worth $35,922,952,000 after acquiring an additional 1,494,615 shares in the last quarter. Franklin Resources Inc. boosted its holdings in Home Depot by 37.6% in the third quarter. Franklin Resources Inc. now owns 3,806,308 shares of the home improvement retailer's stock worth $1,542,278,000 after acquiring an additional 1,040,577 shares in the last quarter. Finally, Amundi grew its stake in Home Depot by 11.1% in the second quarter. Amundi now owns 7,903,550 shares of the home improvement retailer's stock valued at $2,938,935,000 after acquiring an additional 790,476 shares during the period. Institutional investors and hedge funds own 70.86% of the company's stock.

Home Depot Stock Down 0.0%

Shares of NYSE:HD opened at $338.84 on Friday. The business's 50 day moving average is $373.81 and its 200 day moving average is $376.81. The Home Depot, Inc. has a 12-month low of $326.31 and a 12-month high of $426.75. The stock has a market cap of $337.32 billion, a price-to-earnings ratio of 23.81, a PEG ratio of 12.18 and a beta of 1.09. The company has a quick ratio of 0.26, a current ratio of 1.06 and a debt-to-equity ratio of 3.62.

Home Depot (NYSE:HD - Get Free Report) last released its quarterly earnings results 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. Home Depot had a return on equity of 134.32% and a net margin of 8.60%.The business had revenue of $38.20 billion during the quarter, compared to analyst estimates of $38.01 billion. During the same period in the prior year, the firm posted $3.13 EPS. Home Depot's quarterly revenue was down 3.8% compared to the same quarter last year. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. On average, sell-side analysts forecast that The Home Depot, Inc. will post 15.13 earnings per share for the current fiscal year.

Home Depot Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 12th will be issued a $2.33 dividend. This is an increase from Home Depot's previous quarterly dividend of $2.30. This represents a $9.32 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Thursday, March 12th. Home Depot's dividend payout ratio is currently 65.50%.

Analysts Set New Price Targets

Several equities research analysts have recently commented on HD shares. Piper Sandler decreased their price objective on Home Depot from $441.00 to $422.00 and set an "overweight" rating for the company in a report on Monday, February 23rd. The Goldman Sachs Group reduced their price target on shares of Home Depot from $413.00 to $409.00 in a research report on Wednesday, February 25th. Wolfe Research boosted their price target on shares of Home Depot from $413.00 to $414.00 and gave the company an "outperform" rating in a research note on Wednesday, February 25th. Jefferies Financial Group upped their price objective on shares of Home Depot from $424.00 to $454.00 and gave the stock a "buy" rating in a report on Tuesday, February 24th. Finally, Bank of America reduced their price objective on shares of Home Depot from $450.00 to $430.00 and set a "buy" rating for the company in a report on Wednesday, November 19th. Twenty 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. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $416.00.

Trending Headlines about Home Depot

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

• Positive Sentiment: TD Cowen reiterated a Buy rating on HD, a vote of confidence from a major shop that can support investor sentiment and help stabilize the stock. TD Cowen Keeps Their Buy Rating on Home Depot (HD)
• Positive Sentiment: Home Depot is rolling out real‑time delivery tracking and other digital tools aimed at pros (material lists, quotes), which should boost repeat/pro sales and margins over time. This operational progress is being cited as a reason analysts still see upside. “Focus on Improving Customer Experience”: Home Depot Stock Notches Up as Live Tracking Gets Fleshed Out
• Positive Sentiment: New exclusive merchandising (Back to the Roots’ Organic Mushroom Compost at Home Depot) expands seasonal/garden assortments and supports in‑store traffic and SKU differentiation. Back to the Roots Expands Organic Soil Portfolio with Launch of Organic Mushroom Compost Exclusively at The Home Depot
• Neutral Sentiment: HD is a “trending” search on Zacks — useful for sentiment/flow but not a directional fundamental catalyst; Zacks also issued its Q1 earnings outlook, which investors will watch against results. The Home Depot, Inc. (HD) Is a Trending Stock: Facts to Know Before Betting on It
• Neutral Sentiment: Some outlets note analysts are “conflicted” — a mix of Buy and Hold ratings and diverging price targets increases volatility but also means upside if housing or rates improve. Analysts Conflicted on These Consumer Cyclical Names: Cracker Barrel (CBRL) and Home Depot (HD)
• Negative Sentiment: Recent loss‑prevention/PR incidents (“pretty privilege” testing) and related headlines have pressured the stock and raised short‑term reputational and operational risk. “Pretty Privilege” Tests Send Home Depot Stock Slumping
• Negative Sentiment: Macroeconomic headwinds — US CPI rose 0.3% in Feb and high mortgage rates — are cited as weighing on renovation demand and consumer discretionary exposure, a clear negative for HD’s top line. US CPI Up 0.3% in February: Consumer Discretionary ETFs to Watch
• Negative Sentiment: Analyses flag softer home‑improvement demand and valuation pressure after recent headlines; these factors explain the recent share decline and raise the bar for near‑term catalysts. Assessing Home Depot (HD) Valuation After Loss Prevention Headlines And Softer Home Improvement Demand

Insider Transactions at Home Depot

In other Home Depot news, EVP Teresa Wynn Roseborough sold 2,872 shares of the company's stock in a transaction dated Friday, December 26th. The shares were sold at an average price of $348.52, for a total value of $1,000,949.44. Following the completion of the sale, the executive vice president directly owned 13,196 shares of the company's stock, valued at approximately $4,599,069.92. This represents a 17.87% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Richard V. Mcphail sold 2,550 shares of the stock in a transaction dated 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 sale, the chief financial officer owned 44,566 shares of the company's stock, valued at approximately $16,439,951.74. This trade represents a 5.41% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.10% of the stock is owned by company insiders.

Home Depot Company 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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