The Home Depot, Inc. $HD Shares Sold by Berry Wealth Group LP

Key Points

• Berry Wealth Group LP cut its stake in The Home Depot by 76.8% in Q3, selling 9,478 shares and leaving 2,866 shares worth about $1.16M (Home Depot is 3.8% of their portfolio and its 9th-largest holding).
• Home Depot beat quarterly EPS expectations with $2.72 vs. $2.52 expected and $38.2B in revenue (down 3.8% YoY), issued FY2026 EPS guidance of 14.230–14.799, and raised its quarterly dividend to $2.33 (annualized $9.32, ~2.6% yield).
• Company insiders have been selling recently (EVP Angie Brown and CFO Richard McPhail among others), totaling 7,513 shares (~$2.69M) in the last three months, while institutional ownership remains high at about 70.9%.

Berry Wealth Group LP decreased its position in The Home Depot, Inc. (NYSE:HD - Free Report) by 76.8% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,866 shares of the home improvement retailer's stock after selling 9,478 shares during the period. Home Depot comprises 3.8% of Berry Wealth Group LP's investment portfolio, making the stock its 9th biggest position. Berry Wealth Group LP's holdings in Home Depot were worth $1,161,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. LOM Asset Management Ltd increased its stake in shares of Home Depot by 2.9% in the 3rd quarter. LOM Asset Management Ltd now owns 11,859 shares of the home improvement retailer's stock worth $4,805,000 after acquiring an additional 331 shares during the last quarter. Integrity Advisory Solutions LLC purchased a new stake in shares of Home Depot in the third quarter valued at about $472,000. Bouchey Financial Group Ltd increased its position in Home Depot by 1.6% during the third quarter. Bouchey Financial Group Ltd now owns 2,804 shares of the home improvement retailer's stock worth $1,136,000 after purchasing an additional 43 shares during the last quarter. Consolidated Portfolio Review Corp raised its stake in Home Depot by 0.5% during the third quarter. Consolidated Portfolio Review Corp now owns 5,704 shares of the home improvement retailer's stock worth $2,311,000 after purchasing an additional 29 shares during the period. Finally, Smith Moore & CO. boosted its holdings in Home Depot by 2.2% in the 3rd quarter. Smith Moore & CO. now owns 7,469 shares of the home improvement retailer's stock valued at $3,027,000 after purchasing an additional 163 shares during the last quarter. 70.86% of the stock is owned by hedge funds and other institutional investors.

Home Depot Trading Down 2.0%

HD opened at $361.59 on Friday. The firm has a market cap of $359.97 billion, a price-to-earnings ratio of 25.41, a price-to-earnings-growth ratio of 13.26 and a beta of 1.09. The Home Depot, Inc. has a 52 week low of $326.31 and a 52 week high of $426.75. The business's 50 day moving average is $373.41 and its two-hundred day moving average is $379.06. 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 issued its quarterly earnings results 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 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%.The company's revenue for the quarter 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, research analysts predict that The Home Depot, Inc. will post 15.13 EPS for the current year.

Home Depot Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 12th will be paid a dividend of $2.33 per share. The ex-dividend date of this dividend is Thursday, March 12th. This is a positive change from Home Depot's previous quarterly dividend of $2.30. This represents a $9.32 annualized dividend and a dividend yield of 2.6%. Home Depot's payout ratio is currently 64.65%.

Home Depot News Roundup

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

• Positive Sentiment: Launched industry-first real-time delivery tracking for big & bulky materials aimed at Pro customers — improves job-site planning, could boost Pro retention and fulfillment efficiency. The Home Depot Boosts Pro Productivity (PR Newswire)
• Positive Sentiment: Company guidance and analyst coverage expect stronger fiscal‑2026 second‑half comparable-store sales as storm-driven comps ease and recent Pro investments plus SRS/GMS integration begin contributing — supports better H2 revenue trajectory. Why Home Depot Expects Second Half Comps to Outperform First Half (Yahoo)
• Positive Sentiment: Analyst/retail commentary continues to flag Home Depot's stable cash flows and dividend profile, reinforcing its appeal as a long‑term, income-oriented holding despite near‑term volatility. Home Depot Is a Classic "Boomer Stock" (Motley Fool)
• Neutral Sentiment: Industry pieces note Home Depot and Lowe’s both investing in AI (Home Depot’s Magic Apron, Pro Xtra) — strategic for customer experience but benefits will play out over time and aren’t an immediate earnings catalyst. Home Depot vs. Lowe's: Both Retail Giants Are Tapping AI (Motley Fool)
• Negative Sentiment: Insider selling: CFO Richard McPhail sold 2,550 shares (~$940.7K) and reduced his stake by ~5.4% — an event investors often view negatively as a near‑term signal even though it may be routine diversification. SEC Filing: Form 4 (Insider Sale)
• Negative Sentiment: Some market commentary (TipRanks) suggests Home Depot’s recent initiatives or small tactical advantages have provided limited lift to the stock — highlighting investor concerns about near‑term growth and the stock's multi‑year underperformance vs. the S&P. Unexpected New Advantage Proves Little Help for Home Depot Stock (TipRanks)

Analysts Set New Price Targets

A number of brokerages have weighed in on HD. Sanford C. Bernstein lifted their price target on shares of Home Depot from $381.00 to $390.00 and gave the company a "market perform" rating in a research report on Wednesday, February 25th. UBS Group lifted their target price on shares of Home Depot from $430.00 to $450.00 and gave the company a "buy" rating in a report on Wednesday, February 25th. Royal Bank Of Canada boosted their target price on Home Depot from $363.00 to $377.00 and gave the company a "sector perform" rating in a research report on Wednesday, February 25th. KeyCorp restated a "sector weight" rating on shares of Home Depot in a research note on Wednesday, February 25th. Finally, Zacks Research raised Home Depot from a "strong sell" rating to a "hold" rating in a research note on Monday, February 9th. Twenty analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $416.00.

Insider Activity

In related news, EVP Angie Brown sold 1,946 shares of Home Depot stock in a transaction on Friday, December 12th. The stock was sold at an average price of $357.63, for a total value of $695,947.98. Following the transaction, the executive vice president owned 3,941 shares in the company, valued at approximately $1,409,419.83. This trade represents a 33.06% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Richard V. Mcphail sold 2,550 shares of Home Depot 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 directly owned 44,566 shares in the company, valued at $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. Insiders have sold a total of 7,513 shares of company stock worth $2,689,515 in the last three months. 0.10% of the stock is owned by insiders.

About Home Depot

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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