The Home Depot, Inc. $HD Stock Acquired by Peterson Wealth Services

Peterson Wealth Services grew its position in shares of The Home Depot, Inc. (NYSE:HD) by 10.0% in the third quarter, according to its most recent filing with the SEC. The fund owned 19,349 shares of the home improvement retailer’s stock after acquiring an additional 1,762 shares during the quarter. Home Depot comprises approximately 1.2% of Peterson Wealth Services’ holdings, making the stock its 24th largest holding. Peterson Wealth Services’ holdings in Home Depot were worth $5,504,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. BlackRock Inc. bought a new stake in Home Depot during the second quarter worth approximately $28,771,247,000. State Street Corp raised its position in Home Depot by 1.1% during the second quarter. State Street Corp now owns 47,175,026 shares of the home improvement retailer’s stock valued at $16,637,688,000 after purchasing an additional 499,168 shares during the period. Bank of America Corp DE purchased a new stake in Home Depot during the second quarter valued at approximately $5,780,468,000. Bank of New York Mellon Corp bought a new stake in shares of Home Depot in the 2nd quarter valued at approximately $2,777,396,000. Finally, Amundi lifted its stake in shares of Home Depot by 26.4% in the 2nd quarter. Amundi now owns 7,339,614 shares of the home improvement retailer’s stock valued at $2,588,535,000 after purchasing an additional 1,533,276 shares during the last quarter. 70.86% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, EVP Michael F. Rowe sold 710 shares of the business’s stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $336.76, for a total transaction of $239,099.60. Following the completion of the sale, the executive vice president directly owned 6,838 shares of the company’s stock, valued at approximately $2,302,764.88. The trade was a 9.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Teresa Roseborough sold 2,455 shares of the company’s stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $328.77, for a total transaction of $807,130.35. Following the completion of the transaction, the executive vice president owned 14,061 shares in the company, valued at approximately $4,622,834.97. The trade was a 14.86% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 9,829 shares of company stock worth $3,339,314. 0.08% of the stock is currently owned by company insiders.

Trending Headlines about Home Depot

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

• Positive Sentiment: Home Depot attracted approximately $62.1 million of net ETF buying, suggesting continued institutional and passive-investment demand for HD shares. However, ETF flows are a technical signal rather than evidence of improving operating fundamentals. Home Depot Sees $62.1 Million in Net ETF Buying on Thursday
• Positive Sentiment: Dividend-focused coverage emphasizes Home Depot’s 2.84% yield, more than a decade of annual increases, and a 238% payout increase over the past decade. The company’s long-term dividend record may support the stock’s appeal to income-oriented investors. Home Depot Dividend Analysis
• Neutral Sentiment: Home Depot’s digital shelf labels are intended to display delivery timing and assist employees with online-order fulfillment—not to charge different prices to different shoppers. The initiative could improve operational efficiency while limiting concerns about personalized pricing. Home Depot Digital Price Tags
• Neutral Sentiment: Recent market commentary asks whether Home Depot can navigate shifting retail conditions, while another report benchmarks its second-quarter results against home-furnishing and improvement retailers. These articles frame HD’s outlook relative to industry trends rather than announcing a new company-specific catalyst. Can Home Depot Navigate a Shifting Market? Home Improvement Retail Q2 Benchmarking
• Negative Sentiment: Dividend analyses caution that the latest increases have slowed considerably compared with Home Depot’s historical growth. Pressure on housing activity, retail operations, and free cash flow could limit future payout growth and raise questions about how comfortably the dividend can expand. Home Depot Dividend Growth Analysis

Analysts Set New Price Targets

A number of equities analysts have recently commented on HD shares. DA Davidson reiterated a “buy” rating and issued a $377.00 target price on shares of Home Depot in a report on Wednesday, August 19th. Mizuho increased their price target on Home Depot from $385.00 to $390.00 and gave the company an “outperform” rating in a report on Wednesday, August 19th. KeyCorp restated a “sector weight” rating on shares of Home Depot in a report on Wednesday, August 19th. Sanford C. Bernstein lowered their price target on Home Depot from $354.00 to $344.00 and set a “market perform” rating for the company in a research report on Wednesday, September 9th. Finally, Stifel Nicolaus dropped their price objective on shares of Home Depot from $346.00 to $322.00 and set a “hold” rating for the company in a research note on Monday. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Home Depot presently has a consensus rating of “Moderate Buy” and a consensus price target of $375.31.

Home Depot Trading Down 0.0%

HD opened at $319.71 on Tuesday. The company has a debt-to-equity ratio of 2.64, a quick ratio of 0.31 and a current ratio of 1.08. The stock’s 50 day moving average price is $310.03 and its 200-day moving average price is $335.88. The Home Depot, Inc. has a one year low of $277.15 and a one year high of $397.63. The stock has a market cap of $318.97 billion, a price-to-earnings ratio of 22.37, a P/E/G ratio of 2.27 and a beta of 1.00.

Home Depot (NYSE:HD) last issued its quarterly earnings results on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.73 by $0.19. Home Depot had a return on equity of 106.42% and a net margin of 8.41%. The firm had revenue of $47.86 billion during the quarter, compared to analyst estimates of $47.24 billion. During the same period last year, the company earned $4.68 EPS. Home Depot’s quarterly revenue was up 5.7% compared to the same quarter last year. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. On average, equities analysts forecast that The Home Depot, Inc. will post 15.01 EPS for the current year.

Home Depot Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 17th. Shareholders of record on Thursday, September 3rd were paid a $2.33 dividend. The ex-dividend date was Thursday, September 3rd. This represents a $9.32 dividend on an annualized basis and a yield of 2.9%. Home Depot’s dividend payout ratio (DPR) is presently 65.22%.

Home Depot Profile

The Home Depot, Inc is a home improvement retailer serving do-it-yourself customers, professional contractors, and other building and maintenance professionals. The company sells a broad selection of building materials, hardware, tools, appliances, paint, plumbing and electrical supplies, flooring, lighting, lawn and garden products, and home décor.

In addition to merchandise, Home Depot offers services such as product delivery, tool and equipment rental, credit services, and installation for selected products.