RFG Advisory LLC Lowers Holdings in The Home Depot, Inc. $HD

Key Points

• RFG Advisory LLC cut its stake in The Home Depot by 31.8% in Q4, selling 14,518 shares and leaving 31,098 shares worth about $10.7 million, while insiders (including CFO Richard V. McPhail) and other institutions have also trimmed positions; institutional investors own roughly 70.9% of the stock.
• The company beat Q4 EPS estimates ($2.72 vs. $2.52) and revenue ($38.20B vs. $38.01B) despite a 3.8% YoY revenue decline, set FY2026 EPS guidance of $14.230–$14.799, and raised its quarterly dividend to $2.33 (annualized yield ~3.0%).
• Analysts are largely positive with an average rating of “Moderate Buy” and a mean price target of $412.24, though near-term headwinds—weak housing/remodel demand, macro risk and recent selling—are driving short-term volatility.

RFG Advisory LLC decreased its holdings in The Home Depot, Inc. (NYSE:HD - Free Report) by 31.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 31,098 shares of the home improvement retailer's stock after selling 14,518 shares during the quarter. RFG Advisory LLC's holdings in Home Depot were worth $10,701,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in HD. Parvin Asset Management LLC grew its holdings in Home Depot by 110.0% in the 3rd quarter. Parvin Asset Management LLC now owns 63 shares of the home improvement retailer's stock valued at $26,000 after buying an additional 33 shares during the period. Key Capital Management INC purchased a new stake in Home Depot in the 4th quarter valued at about $28,000. Financially Speaking Inc purchased a new stake in Home Depot in the 3rd quarter valued at about $31,000. Disciplined Equity Management Inc. purchased a new stake in Home Depot in the 4th quarter valued at about $34,000. Finally, Family CFO Inc purchased a new stake in Home Depot in the 4th quarter valued at about $34,000. Hedge funds and other institutional investors own 70.86% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have commented on HD. KeyCorp restated a "sector weight" rating on shares of Home Depot in a report on Wednesday, February 25th. The Goldman Sachs Group lowered their price target on Home Depot from $413.00 to $409.00 in a report on Wednesday, February 25th. Piper Sandler lowered their price target on Home Depot from $441.00 to $422.00 and set an "overweight" rating for the company in a report on Monday, February 23rd. Citigroup lifted their price target on Home Depot from $407.00 to $450.00 and gave the company a "buy" rating in a report on Thursday, February 12th. Finally, Truist Financial set a $424.00 target price on Home Depot in a report on Tuesday, February 24th. Twenty research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $412.24.

Insiders Place Their Bets

In other Home Depot 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 value of $940,669.50. Following the completion of the transaction, 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.08% of the stock is currently owned by corporate insiders.

Home Depot News Roundup

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

• Positive Sentiment: Bank of America reinstated coverage with a Buy and named HD its top pick in home improvement, setting a $374 price target (roughly an 18–19% upside versus recent levels) — a clear catalyst for upside momentum. BofA Just Named Home Depot the Top Pick
• Positive Sentiment: J.P. Morgan and other analysts have reaffirmed bullish ratings, underscoring structural strengths (store traffic, PRO growth) that support a recovery narrative beyond near-term weather and housing headwinds. Home Depot Reaffirmed at Buy
• Neutral Sentiment: Home Depot will host its Q1 earnings call on May 19 — a near-term event that could re-shape sentiment depending on guidance and PRO segment trends. Earnings Conference Call Announcement
• Neutral Sentiment: Coverage pieces note long-term fundamentals remain intact despite short-term headwinds; these analyses help frame conviction for longer-horizon investors. Long-Term Prospects Analysis
• Negative Sentiment: Macro risk-off (oil/Geopolitics) and weak housing/remodel demand pushed HD toward multi-week/52-week lows in recent sessions, pressuring shares and creating short-term volatility. 52-Week Low Coverage
• Negative Sentiment: A shareholder proposal requests a report on risks from automated license-plate reader systems and third‑party data sharing (Flock Safety), raising reputational, regulatory and privacy concerns — the board urges a vote against it, but the issue could attract scrutiny. Shareholder Proposal on License Plate Data
• Negative Sentiment: Critical takes highlight a soft demand environment — commentary arguing remodeling/construction spending may stay weak in this economy could pressure near-term revenue/margin expectations. Bearish Demand Analysis
• Negative Sentiment: Reports of insider selling and institutional rebalancing are noted in data feeds; sustained selling or fund outflows would be a headwind if they continue. Quiver/Market Flow Note
• Negative Sentiment: Coverage flags potential labor/minimum-wage pressures that could raise costs if new rules or local measures advance. Minimum Wage Risk

Home Depot Stock Up 0.9%

Shares of NYSE:HD opened at $315.19 on Wednesday. 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 Home Depot, Inc. has a 1 year low of $310.40 and a 1 year high of $426.75. The stock has a market capitalization of $313.94 billion, a P/E ratio of 22.15, a PEG ratio of 3.41 and a beta of 1.00. The stock has a 50-day simple moving average of $341.93 and a 200-day simple moving average of $358.50.

Home Depot (NYSE:HD - Get Free Report) last issued its earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 earnings per share (EPS) for the quarter, topping 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 analysts' expectations of $38.01 billion. During the same quarter in the previous year, the business earned $3.13 EPS. The company's revenue for the quarter was down 3.8% on a year-over-year basis. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. Equities analysts forecast that The Home Depot, Inc. will post 15.02 earnings per share for the current year.

Home Depot Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Thursday, March 12th were issued a $2.33 dividend. The ex-dividend date was Thursday, March 12th. This represents a $9.32 dividend on an annualized basis and a yield of 3.0%. This is a boost from Home Depot's previous quarterly dividend of $2.30. Home Depot's dividend payout ratio (DPR) is currently 65.50%.

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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