The Home Depot, Inc. $HD Shares Sold by OLD National Bancorp IN

OLD National Bancorp IN decreased its holdings in The Home Depot, Inc. (NYSE:HD) by 7.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 24,532 shares of the home improvement retailer’s stock after selling 1,908 shares during the quarter. OLD National Bancorp IN’s holdings in Home Depot were worth $8,441,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Parvin Asset Management LLC increased its holdings in Home Depot by 110.0% in the third quarter. Parvin Asset Management LLC now owns 63 shares of the home improvement retailer’s stock valued at $26,000 after buying an additional 33 shares during the last quarter. Key Capital Management INC bought a new stake in Home Depot in the fourth quarter valued at about $28,000. Financially Speaking Inc bought a new stake in Home Depot in the third quarter valued at about $31,000. Disciplined Equity Management Inc. bought a new stake in Home Depot in the fourth quarter valued at about $34,000. Finally, Family CFO Inc bought a new position in shares of Home Depot during the fourth quarter valued at approximately $34,000. Institutional investors and hedge funds own 70.86% of the company’s stock.

Insiders Place Their Bets

In other Home Depot news, CFO Richard V. Mcphail sold 2,550 shares of the company’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 sale, 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 transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.08% of the stock is owned by company insiders.

Home Depot News Roundup

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

• Positive Sentiment: Wolfe Research reiterated an Outperform rating and a $414 price target following comments from HD’s CFO, bolstering analyst confidence and providing a tangible upside anchor for the stock. Wolfe Research Bullish on The Home Depot
• Positive Sentiment: Home Depot rolled out AI-powered phone agents built on Google Cloud’s Gemini, claiming 4x faster customer support—an execution win that should improve customer experience and could lower service costs over time. Home Depot Delivers Customer Support Four Times Faster
• Positive Sentiment: Coverage highlights HD’s investment in tech and infrastructure to reduce customer friction (delivery/membership dynamics), supporting long-term competitiveness versus e-commerce peers. Home Depot adds tech and infrastructure to fix customer friction
• Neutral Sentiment: Comparisons with Williams‑Sonoma frame differing growth paths (HD’s scale and Pro channel vs WSM’s premium, digital-first model); useful strategic context but not an immediate stock mover. Home Depot vs Williams-Sonoma
• Neutral Sentiment: Valuation/positioning pieces debate whether HD’s current price reflects fair value given recent consumer-spending worries; helpful for longer-term investors assessing entry points. Is It Too Late To Consider Home Depot (HD)?
• Negative Sentiment: Analysts expect HD’s upcoming fiscal Q1 to show a single‑digit profit decline, which creates short-term earnings risk and can pressure the stock around the report. Home Depot’s Quarterly Earnings Preview
• Negative Sentiment: SEC filings show executives sold nearly $30M of HD stock over the past year; while insider selling can be routine, it may raise questions for some investors about near-term confidence. Insiders Are Selling Home Depot Stock
• Negative Sentiment: Coverage noting a recent slip as HD refines its Pro-builder strategy signals execution risk in a key growth segment—this can weigh on near-term sentiment. “Win the Pro”: Home Depot Stock Slips
• Negative Sentiment: Recent coverage flagged a sharper short-term decline versus the broader market on April 21, reflecting volatility that could continue if macro or discretionary-spending data disappoint. Home Depot (HD) Falls More Steeply Than Broader Market

Analyst Ratings Changes

Several research firms have recently commented on HD. Evercore lowered their target price on Home Depot from $425.00 to $415.00 and set an “outperform” rating for the company in a report on Tuesday, March 31st. BNP Paribas Exane lowered their target price on Home Depot from $391.00 to $348.00 and set a “neutral” rating for the company in a report on Tuesday, March 24th. Telsey Advisory Group reaffirmed an “outperform” rating and set a $435.00 target price on shares of Home Depot in a report on Wednesday, March 25th. Daiwa Securities Group upped their target price on Home Depot from $360.00 to $390.00 and gave the company a “neutral” rating in a report on Thursday, February 26th. Finally, TD Cowen reaffirmed a “buy” rating on shares of Home Depot in a report on Thursday, March 12th. Twenty research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $414.17.

Home Depot Stock Performance

HD opened at $340.15 on Friday. The company has a market capitalization of $338.80 billion, a price-to-earnings ratio of 23.90, a price-to-earnings-growth ratio of 3.71 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 1-year low of $315.31 and a 1-year high of $426.75. The business has a 50 day moving average price of $348.82 and a two-hundred day moving average price of $361.19.

Home Depot (NYSE:HD) last released its earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 earnings per share for the quarter, topping analysts’ consensus estimates 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 firm’s revenue for the quarter was down 3.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $3.13 earnings per share. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. Research analysts predict that The Home Depot, Inc. will post 15.03 EPS for the current fiscal 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 represents a $9.32 dividend on an annualized basis and a yield of 2.7%. This is a positive change from Home Depot’s previous quarterly dividend of $2.30. The ex-dividend date was Thursday, March 12th. Home Depot’s payout ratio is currently 65.50%.

Home Depot 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.