Kingswood Wealth Advisors LLC Boosts Stock Position in The Home Depot, Inc. $HD

Kingswood Wealth Advisors LLC lifted its position in The Home Depot, Inc. (NYSE:HD) by 84.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 22,378 shares of the home improvement retailer’s stock after purchasing an additional 10,250 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in Home Depot were worth $7,700,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Accretive Wealth Partners LLC lifted its stake in shares of Home Depot by 10.3% in the 4th quarter. Accretive Wealth Partners LLC now owns 6,348 shares of the home improvement retailer’s stock valued at $2,184,000 after acquiring an additional 592 shares during the last quarter. Proathlete Wealth Management LLC lifted its stake in shares of Home Depot by 6.8% in the 4th quarter. Proathlete Wealth Management LLC now owns 659 shares of the home improvement retailer’s stock valued at $227,000 after acquiring an additional 42 shares during the last quarter. Caliber Wealth Management LLC KS lifted its stake in shares of Home Depot by 4.5% in the 4th quarter. Caliber Wealth Management LLC KS now owns 14,659 shares of the home improvement retailer’s stock valued at $5,044,000 after acquiring an additional 634 shares during the last quarter. L. Roy Papp & Associates LLP lifted its stake in shares of Home Depot by 1.6% in the 4th quarter. L. Roy Papp & Associates LLP now owns 62,011 shares of the home improvement retailer’s stock valued at $21,338,000 after acquiring an additional 999 shares during the last quarter. Finally, TABR Capital Management LLC bought a new stake in shares of Home Depot in the 4th quarter valued at about $492,000. Institutional investors own 70.86% of the company’s stock.

Insider Activity

In other news, CFO Richard V. Mcphail sold 2,550 shares of the 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 owned 44,566 shares of the company’s stock, valued at approximately $16,439,951.74. This represents a 5.41% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.08% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on HD shares. Daiwa Securities Group boosted their target price on Home Depot from $360.00 to $390.00 and gave the company a “neutral” rating in a research note on Thursday, February 26th. Robert W. Baird boosted their target price on Home Depot from $400.00 to $430.00 and gave the company an “outperform” rating in a research note on Tuesday, February 17th. TD Cowen reissued a “buy” rating on shares of Home Depot in a research note on Thursday, March 12th. Wolfe Research upped their price target on Home Depot from $413.00 to $414.00 and gave the company an “outperform” rating in a research report on Wednesday, February 25th. Finally, Citigroup upped their price target on Home Depot from $407.00 to $450.00 and gave the company a “buy” rating in a research report on Thursday, February 12th. Twenty investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $414.17.

Key Home Depot News

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

• Positive Sentiment: Wolfe Research reiterated an Outperform rating with a $414 price target after comments from HD’s CFO at the JPM conference, providing analyst-driven upside support for the stock. Wolfe Research Bullish on The Home Depot, Inc. (HD) Despite Market Downturn
• Positive Sentiment: Home Depot rolled out AI-powered phone agents built on Google Cloud’s Gemini Enterprise that cut customer-support response times ~4x — a move that can reduce operating costs and improve customer experience if broadly adopted. The Home Depot Delivers Customer Support Four Times Faster Using Google Cloud’s Gemini Enterprise for Customer Experience
• Neutral Sentiment: “Win the Pro” strategy (targeting contractors/builders) is highlighted as a core growth initiative — it could expand market share over time but execution and margin mix are uncertain. Home Depot Targets Pros to Spark New Growth
• Neutral Sentiment: Coverage on tech and infrastructure investments (fulfillment/delivery improvements) signals longer-term competitiveness but implies near-term capex/operational shifts. Home Depot adds tech and infrastructure to fix customer friction
• Neutral Sentiment: Go Lime expanded retail partnerships with Home Depot Canada — incremental footprint expansion in Canada but not a material near-term earnings driver. GO LIME EXPANDS RETAIL FOOTPRINT THROUGH MAJOR PARTNERSHIPS WITH HOME DEPOT CANADA AND WALMART CANADA
• Neutral Sentiment: Unusually large Home Depot call-option activity was reported, which can signal bullish positioning or speculative hedging and often raises short-term volatility around the shares. Massive and Unusual Trading in Home Depot Call Options – Is the HD Stock Rally Over?
• Negative Sentiment: Recent market reports note Home Depot has been falling more steeply than the broader market, reflecting short-term selling pressure that is likely driving today’s decline. Home Depot (HD) Falls More Steeply Than Broader Market: What Investors Need to Know
• Negative Sentiment: Analysis pieces note the stock slipped while Home Depot tweaks its pro strategy — signaling investor concern about execution timing and near-term results. “Win the Pro”: Home Depot Stock (NYSE:HD) Slips as Home Depot Tunes Up its Approach in Landing Pro Builders

Home Depot Trading Down 1.3%

HD opened at $339.29 on Thursday. The business has a 50 day simple moving average of $349.82 and a two-hundred day simple moving average of $361.34. The firm has a market capitalization of $337.94 billion, a price-to-earnings ratio of 23.84, a PEG ratio of 3.76 and a beta of 1.09. The company has a debt-to-equity ratio of 3.62, a current ratio of 1.06 and a quick ratio of 0.26. The Home Depot, Inc. has a one year low of $315.31 and a one year high of $426.75.

Home Depot (NYSE:HD) last released its quarterly earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 EPS for the quarter, beating analysts’ consensus estimates of $2.52 by $0.20. Home Depot had a return on equity of 134.32% and a net margin of 8.60%.The business had revenue of $38.20 billion during the quarter, compared to analyst estimates of $38.01 billion. During the same quarter in the prior year, the company posted $3.13 EPS. Home Depot’s quarterly 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. Analysts predict that The Home Depot, Inc. will post 15.03 EPS for the current year.

Home Depot Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Thursday, March 12th were given a $2.33 dividend. The ex-dividend date of this dividend was Thursday, March 12th. This represents a $9.32 annualized dividend and a dividend yield of 2.7%. This is an increase from Home Depot’s previous quarterly dividend of $2.30. Home Depot’s dividend payout ratio is currently 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.