Olde Wealth Management LLC Purchases Shares of 3,493 The Home Depot, Inc. $HD

Key Points

• Olde Wealth Management opened a new position in The Home Depot, buying 3,493 shares in Q3 worth about $1.29 million, while institutional ownership sits at 70.86% and major funds like Vanguard, Laurel and Norges Bank have materially increased stakes.
• Home Depot beat quarterly expectations with $2.72 EPS versus $2.52 est. and $38.20 billion in revenue (down 3.8% YoY); the company set FY2026 guidance of $14.23–14.80 EPS and analysts have an average "Moderate Buy" rating with a $416 target.
• The board raised the quarterly dividend to $2.33 (annualized $9.32, ~2.8% yield), while insiders including the EVP and CFO recently sold shares, leaving insiders with just 0.10% ownership.

Olde Wealth Management LLC acquired a new position in shares of The Home Depot, Inc. (NYSE:HD - Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 3,493 shares of the home improvement retailer's stock, valued at approximately $1,293,000.

Several other large investors have also modified their holdings of the stock. Norges Bank acquired a new stake in Home Depot during the 2nd quarter worth $4,885,603,000. Laurel Wealth Advisors LLC boosted its stake in Home Depot by 36,207.5% in the second quarter. Laurel Wealth Advisors LLC now owns 10,076,783 shares of the home improvement retailer's stock valued at $3,694,552,000 after acquiring an additional 10,049,029 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of Home Depot by 1.5% during 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 purchasing an additional 1,494,615 shares during the last quarter. Franklin Resources Inc. grew its holdings in shares of Home Depot by 37.6% during 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 purchasing an additional 1,040,577 shares during the last quarter. Finally, Amundi increased its position in shares of Home Depot by 11.1% during the second quarter. Amundi now owns 7,903,550 shares of the home improvement retailer's stock worth $2,938,935,000 after purchasing an additional 790,476 shares in the last quarter. Institutional investors and hedge funds own 70.86% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the company. Sanford C. Bernstein boosted their target price on Home Depot from $381.00 to $390.00 and gave the company a "market perform" rating in a report on Wednesday, February 25th. JPMorgan Chase & Co. cut their price target on Home Depot from $444.00 to $423.00 and set an "overweight" rating on the stock in a research report on Wednesday, November 19th. Argus reduced their price objective on Home Depot from $450.00 to $425.00 and set a "buy" rating for the company in a research note on Thursday, November 20th. The Goldman Sachs Group decreased their price objective on Home Depot from $413.00 to $409.00 in a report on Wednesday, February 25th. Finally, DA Davidson raised their target price on shares of Home Depot from $407.00 to $445.00 and gave the stock a "buy" rating in a research report on Tuesday, February 24th. Twenty research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Home Depot presently has an average rating of "Moderate Buy" and an average price target of $416.00.

Insider Buying and Selling at Home Depot

In related news, EVP Teresa Wynn Roseborough sold 2,872 shares of the stock in a transaction on Friday, December 26th. The stock was sold at an average price of $348.52, for a total transaction 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 $4,599,069.92. This trade represents a 17.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Richard V. Mcphail sold 2,550 shares of Home Depot stock in a transaction 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 owned 44,566 shares in the company, valued at approximately $16,439,951.74. This trade represents a 5.41% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.10% of the stock is owned by company insiders.

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

Home Depot Stock Performance

Shares of HD stock opened at $338.84 on Friday. The stock has a market capitalization of $337.32 billion, a PE ratio of 23.81, a price-to-earnings-growth ratio of 12.18 and a beta of 1.09. The Home Depot, Inc. has a 52-week low of $326.31 and a 52-week high of $426.75. The stock's 50-day moving average price is $373.81 and its 200 day moving average price is $376.81. 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 posted its quarterly earnings data on Tuesday, February 24th. The home improvement retailer reported $2.72 EPS for the quarter, beating the consensus estimate of $2.52 by $0.20. Home Depot had a return on equity of 134.32% and a net margin of 8.60%.The firm had revenue of $38.20 billion during the quarter, compared to the consensus estimate of $38.01 billion. During the same period in the prior year, the business earned $3.13 EPS. The firm's 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. As a group, equities research analysts forecast that The Home Depot, Inc. will post 15.13 EPS for the current year.

Home Depot Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 12th will be 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 is Thursday, March 12th. Home Depot's dividend payout ratio (DPR) is currently 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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