The Home Depot, Inc. $HD Shares Sold by Aristotle Atlantic Partners LLC

Key Points

• Aristotle Atlantic Partners LLC trimmed its position in The Home Depot by 2.7%, selling 4,736 shares and leaving 167,509 shares valued at $67.87 million, making HD its 13th-largest holding.
• Home Depot beat quarterly estimates, reporting $2.72 EPS vs. $2.52 expected and $38.2 billion in revenue (down 3.8% YoY), set FY2026 guidance of 14.230–14.799 EPS, and increased its quarterly dividend to $2.33 (2.8% yield).
• Large institutions remain heavily invested—Norges Bank opened a new ~$4.89 billion position and Vanguard holds ~97.98 million shares—while analysts are mixed but show a consensus "Moderate Buy" rating with a $416 price target and institutional ownership at about 70.9%.

Aristotle Atlantic Partners LLC reduced its position in shares of The Home Depot, Inc. (NYSE:HD - Free Report) by 2.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 167,509 shares of the home improvement retailer's stock after selling 4,736 shares during the period. Home Depot accounts for about 2.0% of Aristotle Atlantic Partners LLC's investment portfolio, making the stock its 13th largest position. Aristotle Atlantic Partners LLC's holdings in Home Depot were worth $67,873,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Norges Bank purchased a new position in shares of Home Depot during the second quarter valued at approximately $4,885,603,000. Laurel Wealth Advisors LLC boosted its position in Home Depot by 36,207.5% during the second quarter. Laurel Wealth Advisors LLC now owns 10,076,783 shares of the home improvement retailer's stock worth $3,694,552,000 after acquiring an additional 10,049,029 shares during the last quarter. Wellington Management Group LLP grew its stake in Home Depot by 60.8% in the 3rd quarter. Wellington Management Group LLP now owns 10,143,089 shares of the home improvement retailer's stock worth $4,109,878,000 after acquiring an additional 3,836,051 shares during the period. Vanguard Group Inc. grew its stake in Home Depot by 1.5% in the 2nd quarter. Vanguard Group Inc. now owns 97,978,814 shares of the home improvement retailer's stock worth $35,922,952,000 after acquiring an additional 1,494,615 shares during the period. Finally, Franklin Resources Inc. raised its holdings in Home Depot by 37.6% in the 3rd quarter. Franklin Resources Inc. now owns 3,806,308 shares of the home improvement retailer's stock valued at $1,542,278,000 after acquiring an additional 1,040,577 shares during the last quarter. 70.86% of the stock is currently owned by hedge funds and other institutional investors.

Home Depot Trading Down 0.0%

NYSE HD opened at $338.84 on Friday. The Home Depot, Inc. has a one year low of $326.31 and a one year high of $426.75. The company's 50 day moving average price is $373.81 and its 200 day moving average price is $376.59. 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 firm has a market capitalization of $337.32 billion, a price-to-earnings ratio of 23.81, a PEG ratio of 12.19 and a beta of 1.09.

Home Depot (NYSE:HD - Get Free Report) last announced its quarterly earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 earnings per share for the quarter, beating analysts' consensus estimates of $2.52 by $0.20. Home Depot had a net margin of 8.60% and a return on equity of 134.32%. The firm had revenue of $38.20 billion for the quarter, compared to analysts' expectations of $38.01 billion. During the same period in the previous year, the company posted $3.13 earnings per share. Home Depot'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. On average, sell-side analysts predict that The Home Depot, Inc. will post 15.13 EPS for the current year.

Home Depot Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 12th will be issued a dividend of $2.33 per share. This represents a $9.32 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Thursday, March 12th. This is a positive change from Home Depot's previous quarterly dividend of $2.30. Home Depot's dividend payout ratio (DPR) is presently 65.50%.

Insiders Place Their Bets

In related news, EVP Teresa Wynn Roseborough sold 2,872 shares of the company's stock in a transaction on Friday, December 26th. The shares were 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 approximately $4,599,069.92. This represents a 17.87% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Richard V. Mcphail sold 2,550 shares of the stock in a transaction on 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 sale, the chief financial officer owned 44,566 shares of the company's stock, valued at approximately $16,439,951.74. This 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 currently owned by corporate insiders.

Wall Street Analyst Weigh In

HD has been the topic of several analyst reports. KGI Securities cut Home Depot from an "outperform" rating to a "hold" rating and set a $320.00 price objective on the stock. in a report on Wednesday, November 19th. Gordon Haskett upped their target price on Home Depot from $330.00 to $370.00 and gave the company a "hold" rating in a research note on Wednesday, February 11th. Zacks Research upgraded Home Depot from a "strong sell" rating to a "hold" rating in a research report on Monday, February 9th. Oppenheimer decreased their price target on Home Depot from $420.00 to $405.00 and set a "market perform" rating on the stock in a research note on Friday, December 5th. Finally, Wall Street Zen cut Home Depot from a "hold" rating to a "sell" rating in a report on Friday, November 28th. Twenty investment 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. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $416.00.

More Home Depot News

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 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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