GSA Capital Partners LLP Sells 2,588 Shares of The Home Depot, Inc. $HD

GSA Capital Partners LLP decreased its holdings in shares of The Home Depot, Inc. (NYSE:HD) by 69.7% during the third quarter, according to its most recent filing with the SEC. The firm owned 1,127 shares of the home improvement retailer’s stock after selling 2,588 shares during the period. GSA Capital Partners LLP’s holdings in Home Depot were worth $457,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the business. Brighton Jones LLC boosted its position in Home Depot by 36.5% during the fourth quarter. Brighton Jones LLC now owns 26,918 shares of the home improvement retailer’s stock valued at $10,471,000 after purchasing an additional 7,203 shares in the last quarter. Sivia Capital Partners LLC raised its holdings in Home Depot by 7.1% in the second quarter. Sivia Capital Partners LLC now owns 2,598 shares of the home improvement retailer’s stock worth $952,000 after purchasing an additional 173 shares in the last quarter. Ignite Planners LLC raised its holdings in Home Depot by 0.7% in the second quarter. Ignite Planners LLC now owns 6,526 shares of the home improvement retailer’s stock worth $2,346,000 after purchasing an additional 47 shares in the last quarter. Croban purchased a new stake in shares of Home Depot during the second quarter valued at about $416,000. Finally, Schnieders Capital Management LLC. boosted its holdings in shares of Home Depot by 14.1% in the 2nd quarter. Schnieders Capital Management LLC. now owns 11,587 shares of the home improvement retailer’s stock valued at $4,248,000 after buying an additional 1,433 shares in the last quarter. Hedge funds and other institutional investors own 70.86% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on HD shares. Bank of America reduced their price objective on shares of Home Depot from $450.00 to $430.00 and set a “buy” rating for the company in a research note on Wednesday, November 19th. Wolfe Research cut their price target on shares of Home Depot from $415.00 to $414.00 and set an “outperform” rating on the stock in a report on Wednesday, February 4th. Wall Street Zen downgraded Home Depot from a “hold” rating to a “sell” rating in a research report on Friday, November 28th. HSBC lowered their price objective on Home Depot from $445.00 to $400.00 and set a “hold” rating for the company in a research report on Wednesday, November 19th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Home Depot in a research report on Monday, December 29th. Twenty-one research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $410.53.

Insider Activity at Home Depot

In other Home Depot news, EVP Angie Brown sold 1,946 shares of Home Depot stock in a transaction on Friday, December 12th. The shares were sold at an average price of $357.63, for a total value of $695,947.98. Following the completion of the transaction, the executive vice president owned 3,941 shares of the company’s stock, valued at approximately $1,409,419.83. The trade was a 33.06% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Ann Marie Campbell sold 145 shares of the company’s stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $358.26, for a total transaction of $51,947.70. Following the completion of the transaction, the executive vice president owned 12,320 shares of the company’s stock, valued at approximately $4,413,763.20. This trade represents a 1.16% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 4,963 shares of company stock worth $1,748,845. 0.10% of the stock is owned by company insiders.

Key Headlines Impacting Home Depot

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

• Positive Sentiment: Q4 earnings beat and revenue slightly above expectations — adjusted EPS of $2.72 topped estimates and revenue of $38.2B edged past the street, driven by modest comparable-sales improvement and margin gains. CNBC: Home Depot beats
• Positive Sentiment: Dividend raised and dividend-case momentum — company increased its quarterly payout (1.3%) and MarketBeat highlights growing institutional accumulation and dividend-investor interest that can support multiple and lower volatility over time. PR Newswire: Dividend & results MarketBeat: Accumulation
• Positive Sentiment: Business mix resilience — Home Depot’s professional (B2B) and contractor business is a growing share of sales (nearer to 50%), helping offset weaker DIY demand and making revenue less cyclical. PYMNTS: B2B share
• Positive Sentiment: Analyst support — at least one shop (DA Davidson) raised its price target significantly and reiterated a buy view, signaling confidence from some sell‑side desks. The Fly: Price target raise
• Neutral Sentiment: Company backed FY26 guidance but it’s conservative — FY26 EPS range was given (14.230–14.799), with the midpoint a touch below consensus; management kept outlook steady rather than upgrading it. MarketBeat: Guidance
• Neutral Sentiment: Mixed analyst tone and peer comparison — some outlets praise HD’s stability, while others point to Lowe’s as a potentially cheaper/stronger short‑term trade; analysts’ price targets remain dispersed. Barron’s: Lowe’s comparison
• Negative Sentiment: Sales decline and housing weakness — total revenue fell ~3.8% YoY, management described a “frozen” housing environment and said homeowners are delaying big projects due to affordability and job worries, which dampens the demand outlook. NYT: Homeowners wary Seeking Alpha: Frozen housing
• Negative Sentiment: Margins and income compression — income contracted and adjusted EPS declined vs. last year (partly due to calendar effects), so earnings quality questions and slower topline growth are risks until housing activity recovers. Zacks: Sales miss context

Home Depot Stock Up 2.0%

Home Depot stock opened at $384.66 on Wednesday. The business’s 50-day moving average price is $370.27 and its 200 day moving average price is $380.12. The company has a quick ratio of 0.29, a current ratio of 1.05 and a debt-to-equity ratio of 3.82. The firm has a market cap of $382.93 billion, a price-to-earnings ratio of 26.22, a price-to-earnings-growth ratio of 13.49 and a beta of 1.08. The Home Depot, Inc. has a 52 week low of $326.31 and a 52 week high of $426.75.

Home Depot (NYSE:HD) last released its quarterly earnings data on Tuesday, February 24th. The home improvement retailer reported $2.72 EPS for the quarter, topping the consensus estimate of $2.52 by $0.20. The business had revenue of $38.20 billion for the quarter, compared to analyst estimates of $38.01 billion. Home Depot had a return on equity of 160.74% and a net margin of 8.77%.The business’s quarterly revenue was down 3.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $3.13 EPS. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. As a group, sell-side analysts anticipate that The Home Depot, Inc. will post 15.13 earnings per share for the current year.

Home Depot Increases Dividend

The company also recently declared 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 dividend on an annualized basis and a yield of 2.4%. This is a boost from Home Depot’s previous quarterly dividend of $2.30. The ex-dividend date of this dividend is Thursday, March 12th. Home Depot’s payout ratio is currently 62.71%.

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.