Koa Wealth Management LLC Has $2.25 Million Stake in The Home Depot, Inc. $HD

Koa Wealth Management LLC boosted its holdings in shares of The Home Depot, Inc. (NYSE:HD) by 43.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,529 shares of the home improvement retailer’s stock after purchasing an additional 1,980 shares during the period. Home Depot accounts for approximately 1.5% of Koa Wealth Management LLC’s holdings, making the stock its 19th largest holding. Koa Wealth Management LLC’s holdings in Home Depot were worth $2,247,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of HD. Brighton Jones LLC increased its holdings in Home Depot by 36.5% during the 4th 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 increased its holdings in Home Depot by 7.1% during the 2nd quarter. Sivia Capital Partners LLC now owns 2,598 shares of the home improvement retailer’s stock valued at $952,000 after purchasing an additional 173 shares in the last quarter. Schnieders Capital Management LLC. increased its holdings in Home Depot by 14.1% during 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 purchasing an additional 1,433 shares in the last quarter. Darwin Wealth Management LLC acquired a new stake in Home Depot during the 2nd quarter valued at $1,773,000. Finally, Financial Advisors Network Inc. increased its holdings in Home Depot by 11.3% during the 2nd quarter. Financial Advisors Network Inc. now owns 2,368 shares of the home improvement retailer’s stock valued at $868,000 after purchasing an additional 241 shares in the last quarter. 70.86% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Home Depot news, CFO Richard V. Mcphail sold 2,550 shares of Home Depot stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $368.89, for a total transaction of $940,669.50. Following the transaction, the chief financial officer directly owned 44,566 shares in the company, valued at approximately $16,439,951.74. The trade was a 5.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.08% of the company’s stock.

Home Depot Stock Performance

HD stock opened at $332.29 on Tuesday. The business’s 50-day moving average price is $346.54 and its two-hundred day moving average price is $360.16. The company has a current ratio of 1.06, a quick ratio of 0.26 and a debt-to-equity ratio of 3.62. The firm has a market cap of $330.97 billion, a PE ratio of 23.35, a P/E/G ratio of 3.67 and a beta of 1.09. The Home Depot, Inc. has a 1-year low of $315.31 and a 1-year high of $426.75.

Home Depot (NYSE:HD) last posted its 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 for the quarter, compared to analyst estimates 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 in the previous year, the company posted $3.13 earnings per share. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. As a group, research analysts forecast that The Home Depot, Inc. will post 15.03 earnings per share for the current year.

Home Depot Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Thursday, March 12th were issued a dividend of $2.33 per share. This is a boost from Home Depot’s previous quarterly dividend of $2.30. This represents a $9.32 annualized dividend and a yield of 2.8%. The ex-dividend date was Thursday, March 12th. Home Depot’s dividend payout ratio is presently 65.50%.

Key Headlines Impacting Home Depot

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

• Positive Sentiment: HD’s digital strategy is driving store productivity and higher engagement (management turning stores into efficient fulfillment hubs), which supports revenue resilience and margins over time. Home Depot’s Digital Growth: Supporting Store Productivity?
• Positive Sentiment: Income investors are reminded of HD’s attractive dividend, which some analysts and commentators call a “forever-stock” feature—supporting share stability and long-term total return expectations. 1 Reason I’d Buy Home Depot Stock Today and Never Sell
• Neutral Sentiment: The stock trades at a premium (roughly 23x P/E); some analysts argue HD’s shift toward serving professional contractors and infrastructure makes that multiple reasonable, but near-term profit pressures remain. What Justifies Home Depot’s 23x Multiple?
• Neutral Sentiment: Average brokerage recommendations remain bullish, but media pieces caution that the ABR can be noisy and should be weighed with fundamentals and guidance. This creates mixed near-term sentiment among investors. Is It Worth Investing in Home Depot (HD) Based on Wall Street’s Bullish Views?
• Negative Sentiment: HD shares slipped amid a broader market uptick today, suggesting sector- or stock-specific selling pressure unrelated to company fundamentals in some sessions. Home Depot (HD) Stock Falls Amid Market Uptick: What Investors Need to Know
• Negative Sentiment: Industry weakness showed up as a partner/rival (Wren Kitchens) filed Chapter 7, underscoring consumer caution and housing-related soft spots that could pressure Home Depot’s sales cadence. Home Depot partner and rival closes, files Chapter 7 bankruptcy

Analysts Set New Price Targets

A number of research analysts have commented on HD shares. Zacks Research upgraded Home Depot from a “strong sell” rating to a “hold” rating in a research report on Monday, February 9th. The Goldman Sachs Group decreased their price objective on Home Depot from $413.00 to $409.00 in a research report on Wednesday, February 25th. Truist Financial set a $424.00 price objective on Home Depot in a research report on Tuesday, February 24th. Guggenheim increased their price objective on Home Depot from $400.00 to $425.00 and gave the company a “buy” rating in a research report on Wednesday, February 25th. Finally, DA Davidson increased their price objective on Home Depot from $407.00 to $445.00 and gave the company a “buy” rating in a research report on Tuesday, February 24th. Twenty research 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, Home Depot currently has an average rating of “Moderate Buy” and a consensus target price of $414.17.

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.