Tritonpoint Wealth LLC Sells 6,466 Shares of The Home Depot, Inc. $HD

Tritonpoint Wealth LLC decreased its holdings in shares of The Home Depot, Inc. (NYSE:HD) by 32.7% during the fourth quarter, HoldingsChannel reports. The firm owned 13,301 shares of the home improvement retailer’s stock after selling 6,466 shares during the period. Tritonpoint Wealth LLC’s holdings in Home Depot were worth $4,577,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. Relyea Zuckerberg Hanson LLC lifted its position in shares of Home Depot by 2.6% in the 4th quarter. Relyea Zuckerberg Hanson LLC now owns 7,465 shares of the home improvement retailer’s stock worth $2,569,000 after purchasing an additional 191 shares during the period. American National Bank & Trust increased its holdings in Home Depot by 2.7% during the fourth quarter. American National Bank & Trust now owns 40,600 shares of the home improvement retailer’s stock valued at $13,970,000 after buying an additional 1,061 shares during the period. Sheets Smith Wealth Management raised its stake in Home Depot by 0.6% in the fourth quarter. Sheets Smith Wealth Management now owns 12,698 shares of the home improvement retailer’s stock worth $4,369,000 after buying an additional 80 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its stake in Home Depot by 398.6% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 5,589 shares of the home improvement retailer’s stock worth $1,924,000 after buying an additional 4,468 shares in the last quarter. Finally, YANKCOM Partnership lifted its holdings in Home Depot by 11.1% during the fourth quarter. YANKCOM Partnership now owns 4,496 shares of the home improvement retailer’s stock worth $1,547,000 after buying an additional 451 shares during the period. Institutional investors own 70.86% of the company’s stock.

Home Depot Trading Up 0.1%

Shares of NYSE:HD opened at $321.79 on Friday. The business’s 50-day moving average is $361.06 and its 200 day moving average is $367.63. The Home Depot, Inc. has a 1 year low of $318.66 and a 1 year high of $426.75. The firm has a market capitalization of $320.51 billion, a P/E ratio of 22.61, a P/E/G ratio of 3.51 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.

Home Depot (NYSE:HD) 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. 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 the consensus estimate of $38.01 billion. During the same quarter last year, the company earned $3.13 earnings per share. The company’s quarterly revenue was down 3.8% on a year-over-year basis. 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 earnings per share for the current fiscal year.

Home Depot Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Thursday, March 12th were paid a dividend of $2.33 per share. This represents a $9.32 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date was 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 currently 65.50%.

Key Headlines Impacting Home Depot

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

• Positive Sentiment: Named Franziska Bell (formerly Ford’s AI lead) as EVP & CTO to scale agentic AI — a move that could accelerate merchandising, supply-chain automation and customer personalization, supporting long‑term margin upside. Home Depot Recruits Ford Tech Leader to Scale Agentic AI
• Positive Sentiment: Expanding into HVAC distribution with the Mingledorff’s deal increases exposure to a ~$100B market in the Southeast and diversifies B2B revenue streams — management expects minimal leverage impact. This helps the growth/market‑reach story. Home Depot HVAC Deal Expands Market Reach And Shifts Investor Focus
• Neutral Sentiment: Still counts as a Dividend Aristocrat, which supports income investors’ interest but doesn’t change near‑term growth dynamics. Meet the Next Generation of Dividend Aristocrats
• Negative Sentiment: Shares hit a 52-week low amid broader market pressures and sector headwinds, a clear near-term bearish signal for momentum and sentiment. Home Depot stock hits 52-week low at $320.22 amid market pressures
• Negative Sentiment: Evercore cut its price target to $415, signaling reduced analyst upside and likely weighing on sentiment among momentum and target‑driven investors. Evercore Cuts Home Depot (NYSE:HD) Price Target to $415.00
• Negative Sentiment: Recent coverage highlights a downward move in the stock amid broader market gains and notes worrisome shifts in consumer behavior and slowing comparable‑sales trends — pressure on near‑term top‑line and margins. Home Depot (HD) Stock Sinks As Market Gains: Here’s Why

Analysts Set New Price Targets

HD has been the topic of several recent research reports. Truist Financial set a $424.00 target price on Home Depot in a research report on Tuesday, February 24th. Zacks Research upgraded Home Depot from a “strong sell” rating to a “hold” rating in a research note on Monday, February 9th. KeyCorp reaffirmed a “sector weight” rating on shares of Home Depot in a research report on Wednesday, February 25th. Evercore reduced their target price on shares of Home Depot from $425.00 to $415.00 and set an “outperform” rating for the company in a report on Tuesday, March 31st. Finally, Wells Fargo & Company raised their price target on shares of Home Depot from $395.00 to $420.00 and gave the company an “overweight” rating in a report on Wednesday, February 25th. Twenty analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Home Depot currently has a consensus rating of “Moderate Buy” and a consensus target price of $414.17.

Insider Transactions at Home Depot

In other Home Depot news, CFO Richard V. Mcphail sold 2,550 shares of the firm’s 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 transaction, the chief financial officer owned 44,566 shares of the company’s stock, valued at approximately $16,439,951.74. This trade represents a 5.41% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.10% of the company’s stock.

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.