Swedbank AB Has $570.29 Million Holdings in The Home Depot, Inc. $HD

Key Points

• Swedbank AB boosted its stake in The Home Depot by 28.1% in Q4 to 1,657,334 shares, worth about $570.29 million (roughly 0.17% of the company).
• Home Depot beat Q4 estimates (EPS $2.72 vs. $2.52; revenue $38.2B vs. $38.01B), set FY2026 guidance of 14.230–14.799 EPS, and raised its quarterly dividend to $2.33 (3.0% yield).
• CFO Richard V. McPhail sold 2,550 shares on March 4 for about $940,670, reducing his stake by 5.41% to 44,566 shares; insiders now own about 0.08% of the stock.

Swedbank AB raised its holdings in shares of The Home Depot, Inc. (NYSE:HD - Free Report) by 28.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,657,334 shares of the home improvement retailer's stock after buying an additional 363,450 shares during the quarter. Swedbank AB owned about 0.17% of Home Depot worth $570,289,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Stegent Equity Advisors Inc. increased its position in shares of Home Depot by 2.7% during the third quarter. Stegent Equity Advisors Inc. now owns 1,006 shares of the home improvement retailer's stock valued at $408,000 after purchasing an additional 26 shares during the period. Arcus Capital Partners LLC boosted its stake in Home Depot by 1.1% in the third quarter. Arcus Capital Partners LLC now owns 2,445 shares of the home improvement retailer's stock worth $991,000 after purchasing an additional 27 shares in the last quarter. Westfuller Advisors LLC boosted its stake in Home Depot by 2.1% in the fourth quarter. Westfuller Advisors LLC now owns 1,325 shares of the home improvement retailer's stock worth $456,000 after purchasing an additional 27 shares in the last quarter. Darwin Wealth Management LLC boosted its stake in Home Depot by 0.5% in the fourth quarter. Darwin Wealth Management LLC now owns 4,949 shares of the home improvement retailer's stock worth $1,703,000 after purchasing an additional 27 shares in the last quarter. Finally, Alesco Advisors LLC lifted its stake in shares of Home Depot by 3.2% during the fourth quarter. Alesco Advisors LLC now owns 866 shares of the home improvement retailer's stock valued at $298,000 after acquiring an additional 27 shares during the period. 70.86% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Home Depot news, CFO Richard V. Mcphail sold 2,550 shares of Home Depot stock in a transaction 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 directly owned 44,566 shares of the company's stock, valued at $16,439,951.74. The trade was a 5.41% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.08% of the company's stock.

Trending Headlines about Home Depot

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

• Positive Sentiment: Bank of America reinstated coverage on HD with a Buy rating, named it its top pick in home improvement and set a $374 price target (about +18.7% vs. the current level) — a clear near-term catalyst supporting upside. BofA Just Named Home Depot the Top Pick in Home Improvement
• Positive Sentiment: Coverage lift echoed across outlets (Seeking Alpha summary), reinforcing bullish institutional sentiment and likely supporting buying interest. Home Depot attracts a bull rating from Bank of America
• Positive Sentiment: Analysis highlights emerging upside from PRO (trade/professional) membership growth and updated guidance that shift the company story toward recurring revenue and margin resilience — fundamental items investors will watch into the quarter. How The Story For Home Depot (HD) Is Shifting With PRO Growth And New Guidance
• Positive Sentiment: Quant and institutional flows data suggest “smart money” is accumulating HD despite recent weakness, which can magnify rebounds when sentiment improves. Home Depot (HD) Stock May Be Slumping But the Smart Money Wants to Buy In
• Neutral Sentiment: The Home Depot will host its Q1 earnings call on May 19 — a key event that can drive volatility and reprice expectations. Investors should monitor the webcast for updated demand commentary and margin outlook. The Home Depot to Host First Quarter Earnings Conference Call on May 19
• Neutral Sentiment: Analyst coverage remains largely constructive (multiple Buy/Outperform ratings and continued attention), so consensus estimates and guidance moves will be key to sustaining the rally. Home Depot Reaffirmed at Buy
• Negative Sentiment: Recent session weakness was driven by a broader market risk-off after a Middle East energy shock pushed oil higher; that macro-led pullback highlights HD’s sensitivity to cyclical consumer spending and can keep near-term downside risk elevated. Home Depot falls 3.1% as broader market turns risk-off
• Negative Sentiment: Operational/cost pressure headlines — including coverage about potential minimum wage rule changes and ongoing insider selling themes — are reminders of margin risks that could temper returns if wage or labor policies shift materially. Home Depot Stock Slides as Minimum Wage Rules Under Strain

Home Depot Stock Up 0.9%

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 company has a market cap of $313.94 billion, a PE ratio of 22.15, a PEG ratio of 3.41 and a beta of 1.00. The Home Depot, Inc. has a 52-week low of $310.40 and a 52-week high of $426.75. 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 posted its quarterly earnings data 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. 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%.Home Depot's quarterly revenue was down 3.8% on a year-over-year basis. During the same period last year, the company earned $3.13 earnings per share. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. On average, sell-side analysts expect that The Home Depot, Inc. will post 15.02 EPS for the current fiscal year.

Home Depot Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Thursday, March 12th were issued a dividend of $2.33 per share. This represents a $9.32 annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend was Thursday, March 12th. This is an increase from Home Depot's previous quarterly dividend of $2.30. Home Depot's payout ratio is 65.50%.

Analyst Ratings Changes

HD has been the topic of several analyst reports. DA Davidson increased their target price on Home Depot from $407.00 to $445.00 and gave the company a "buy" rating in a research note on Tuesday, February 24th. Daiwa Securities Group increased their price target on Home Depot from $360.00 to $390.00 and gave the stock a "neutral" rating in a report on Thursday, February 26th. 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. Robert W. Baird increased their price target on Home Depot from $400.00 to $430.00 and gave the stock an "outperform" rating in a report on Tuesday, February 17th. Finally, Jefferies Financial Group increased their price target on Home Depot from $424.00 to $454.00 and gave the stock a "buy" rating in a report on Tuesday, February 24th. 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's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $412.24.

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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