The Home Depot, Inc. $HD Shares Bought by LMG Wealth Partners LLC

Key Points

• LMG Wealth Partners increased its stake in The Home Depot by 288.8% in Q4, adding 6,554 shares to hold 8,823 shares valued at approximately $3.04 million.
• CFO Richard V. McPhail sold 2,550 shares on March 4 at about $368.89, reducing his position by 5.41% to 44,566 shares.
• Analyst sentiment is a "Moderate Buy" (20 Buys, 12 Holds, 1 Sell) with a $414.17 average target; Home Depot beat Q4 EPS estimates, set FY2026 guidance of $14.23–14.80, and raised its quarterly dividend to $2.33 (≈2.9% yield).

LMG Wealth Partners LLC boosted its stake in shares of The Home Depot, Inc. (NYSE:HD - Free Report) by 288.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,823 shares of the home improvement retailer's stock after acquiring an additional 6,554 shares during the quarter. LMG Wealth Partners LLC's holdings in Home Depot were worth $3,036,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Parvin Asset Management LLC lifted its position in Home Depot by 110.0% during the 3rd quarter. Parvin Asset Management LLC now owns 63 shares of the home improvement retailer's stock worth $26,000 after acquiring an additional 33 shares during the period. Key Capital Management INC purchased a new position in shares of Home Depot during the 4th quarter worth approximately $28,000. Financially Speaking Inc purchased a new position in shares of Home Depot during the 3rd quarter worth approximately $31,000. Disciplined Equity Management Inc. purchased a new position in shares of Home Depot during the 4th quarter worth approximately $34,000. Finally, Family CFO Inc purchased a new position in shares of Home Depot during the 4th quarter worth approximately $34,000. 70.86% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, CFO Richard V. Mcphail sold 2,550 shares of the firm'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 directly owned 44,566 shares of the company's stock, valued at $16,439,951.74. This trade represents a 5.41% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.08% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

HD has been the subject of a number of analyst reports. TD Cowen reissued a "buy" rating on shares of Home Depot in a research note on Thursday, March 12th. Sanford C. Bernstein increased their target price on Home Depot from $381.00 to $390.00 and gave the stock a "market perform" rating in a research note on Wednesday, February 25th. The Goldman Sachs Group cut their target price on Home Depot from $413.00 to $409.00 in a research note on Wednesday, February 25th. Robert W. Baird increased their target price on Home Depot from $400.00 to $430.00 and gave the stock an "outperform" rating in a research note on Tuesday, February 17th. Finally, Gordon Haskett increased their target price on Home Depot from $330.00 to $370.00 and gave the stock a "hold" rating in a research note on Wednesday, February 11th. Twenty investment 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. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $414.17.

Home Depot Stock Performance

NYSE HD opened at $324.22 on Friday. The Home Depot, Inc. has a 1-year low of $315.31 and a 1-year high of $426.75. The company has a market capitalization of $322.93 billion, a P/E ratio of 22.78, a PEG ratio of 3.59 and a beta of 1.09. The business has a 50 day moving average price of $343.27 and a 200 day moving average price of $359.36. The company has a debt-to-equity ratio of 3.62, a current ratio of 1.06 and a quick ratio of 0.26.

Home Depot (NYSE:HD - Get Free Report) last released 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. 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 last year, the business posted $3.13 EPS. Home Depot's quarterly revenue was down 3.8% on a year-over-year basis. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. Sell-side analysts expect that The Home Depot, Inc. will post 15.03 EPS for the current fiscal year.

Home Depot Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Thursday, March 12th were paid a $2.33 dividend. This represents a $9.32 annualized dividend and a yield of 2.9%. 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 dividend payout ratio (DPR) is 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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