The Home Depot, Inc. $HD Shares Purchased by Carnegie Investment Counsel

Key Points

• Carnegie Investment Counsel boosted its stake in The Home Depot by 24.8% in Q4, buying 21,545 shares to own 108,306 shares valued at about $37.27 million.
• Home Depot beat Q4 estimates with EPS $2.72 vs. $2.52 and revenue of $38.20 billion vs. $38.01 billion, and set FY2026 guidance of 14.230–14.799 EPS (sell‑side consensus ~15.13).
• The company raised its quarterly dividend to $2.33 (annual $9.32, ~2.8% yield), while CFO Richard V. McPhail sold 2,550 shares (~$940,670), trimming his holding by about 5.41%.

Carnegie Investment Counsel boosted its position in The Home Depot, Inc. (NYSE:HD - Free Report) by 24.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 108,306 shares of the home improvement retailer's stock after buying an additional 21,545 shares during the quarter. Carnegie Investment Counsel's holdings in Home Depot were worth $37,268,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Parvin Asset Management LLC raised its stake in shares of 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 purchasing an additional 33 shares in the last quarter. Financially Speaking Inc acquired a new stake in shares of Home Depot in the 3rd quarter valued at about $31,000. Imprint Wealth LLC acquired a new stake in shares of Home Depot in the 3rd quarter valued at about $34,000. Dougherty Wealth Advisers LLC acquired a new stake in shares of Home Depot in the 3rd quarter valued at about $38,000. Finally, AXS Investments LLC acquired a new stake in shares of Home Depot in the 3rd quarter valued at about $38,000. Institutional investors and hedge funds own 70.86% of the company's stock.

Insider Buying and Selling

In other Home Depot news, CFO Richard V. Mcphail sold 2,550 shares of the company's stock in a transaction dated Wednesday, March 4th. The shares were 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 approximately $16,439,951.74. This represents a 5.41% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.10% of the company's stock.

Home Depot Price Performance

HD opened at $337.13 on Friday. The firm has a market cap of $335.79 billion, a price-to-earnings ratio of 23.69, a price-to-earnings-growth ratio of 3.69 and a beta of 1.09. The Home Depot, Inc. has a fifty-two week low of $315.31 and a fifty-two week high of $426.75. The company's 50-day moving average price is $356.43 and its 200 day moving average price is $364.72. 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 data on Tuesday, February 24th. The home improvement retailer reported $2.72 earnings per share for the quarter, topping the consensus estimate of $2.52 by $0.20. The firm had revenue of $38.20 billion for the quarter, compared to analyst estimates of $38.01 billion. Home Depot had a net margin of 8.60% and a return on equity of 134.32%. Home Depot's quarterly revenue was down 3.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $3.13 earnings per share. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. As a group, sell-side analysts expect that The Home Depot, Inc. will post 15.13 earnings per share for the current year.

Home Depot Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Thursday, March 12th were given a $2.33 dividend. This is a positive change from Home Depot's previous quarterly dividend of $2.30. The ex-dividend date was Thursday, March 12th. This represents a $9.32 annualized dividend and a yield of 2.8%. Home Depot's payout ratio is currently 65.50%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. KeyCorp restated a "sector weight" rating on shares of Home Depot in a research note on Wednesday, February 25th. Weiss Ratings restated a "hold (c+)" rating on shares of Home Depot in a research note on Friday, March 27th. UBS Group restated an "outperform" rating on shares of Home Depot in a research note on Tuesday, March 24th. Morgan Stanley upped their target price on shares of Home Depot from $412.00 to $420.00 and gave the company an "overweight" rating in a research note on Wednesday, February 25th. Finally, Wells Fargo & Company upped their target price on shares of Home Depot from $395.00 to $420.00 and gave the company an "overweight" rating in a research note on Wednesday, February 25th. Twenty equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $414.17.

More Home Depot News

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

• Positive Sentiment: Erste Group raised its FY2028 EPS estimate for Home Depot, which supports upward earnings revisions and could be a catalyst for the stock if other brokers follow suit. Home Depot FY2028 EPS Estimate Increased by Erste Group Bank
• Positive Sentiment: Brokerage coverage remains favorable overall — Home Depot recently received a consensus “Moderate Buy” from analysts, which can support demand from institutional investors. The Home Depot Receives Consensus Recommendation of "Moderate Buy"
• Positive Sentiment: Recent pieces highlighting Wall Street analyst optimism argue that buy-side sentiment and average brokerage recommendations remain constructive for HD, providing a counterweight to headline risk. Is Home Depot (HD) a Buy as Wall Street Analysts Look Optimistic?
• Neutral Sentiment: Home Depot presented at the J.P. Morgan Retail Round Up — investor presentations can clarify strategy and guide expectations but typically have a gradual impact. HD Presents at J.P. Morgan Retail Round Up Forum 2026 Transcript
• Neutral Sentiment: Several outlets are debating whether the shares still offer value after recent strength; this keeps valuation front-and-center for investors deciding to add or trim exposure. Is It Too Late To Consider Home Depot (HD)?
• Negative Sentiment: CNBC host Jim Cramer called Home Depot one of his “two worst stocks,” a high-visibility negative comment that can sway retail sentiment and increase short-term selling pressure. Jim Cramer Says Home Depot Is One of His Two Worst Stocks
• Negative Sentiment: Coverage questioning why HD shares have fallen and whether the pullback is a buying opportunity highlights near-term downside concerns around same-store sales trends and consumer remodeling demand. Why Is Home Depot Stock Falling, and is it a Buying Opportunity?

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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