TrustBank Invests $1.76 Million in The Home Depot, Inc. $HD

Posted by Stanley Muller on May 27th, 2026

TrustBank bought a new position in shares of The Home Depot, Inc. (NYSE:HD – Free Report) during the fourth quarter, HoldingsChannel reports. The institutional investor bought 5,121 shares of the home improvement retailer’s stock, valued at approximately $1,762,000. Home Depot comprises 0.7% of TrustBank’s holdings, making the stock its 19th biggest holding.

A number of other institutional investors have also modified their holdings of HD. Westfuller Advisors LLC raised its position in shares of Home Depot by 2.1% in the 4th quarter. Westfuller Advisors LLC now owns 1,325 shares of the home improvement retailer’s stock valued at $456,000 after purchasing an additional 27 shares during the last quarter. Darwin Wealth Management LLC lifted its stake in shares of Home Depot by 0.5% during the fourth quarter. Darwin Wealth Management LLC now owns 4,949 shares of the home improvement retailer’s stock worth $1,703,000 after buying an additional 27 shares during the period. Alesco Advisors LLC lifted its stake in shares of Home Depot by 3.2% during the fourth quarter. Alesco Advisors LLC now owns 866 shares of the home improvement retailer’s stock worth $298,000 after buying an additional 27 shares during the period. Canandaigua National Trust Co of Florida lifted its stake in shares of Home Depot by 1.3% during the fourth quarter. Canandaigua National Trust Co of Florida now owns 2,178 shares of the home improvement retailer’s stock worth $749,000 after buying an additional 27 shares during the period. Finally, Moneco Advisors LLC lifted its stake in shares of Home Depot by 0.3% during the fourth quarter. Moneco Advisors LLC now owns 8,743 shares of the home improvement retailer’s stock worth $3,008,000 after buying an additional 27 shares during the period. 70.86% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms have recently commented on HD. UBS Group lowered 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, May 20th. Truist Financial lowered their price objective on shares of Home Depot from $394.00 to $369.00 and set a “buy” rating for the company in a research note on Tuesday, May 19th. BNP Paribas Exane lowered their price objective on shares of Home Depot from $348.00 to $325.00 and set a “neutral” rating for the company in a research note on Tuesday, May 19th. KeyCorp reiterated a “sector weight” rating on shares of Home Depot in a research note on Wednesday, February 25th. Finally, Daiwa Securities Group lifted their price objective on shares of Home Depot from $360.00 to $390.00 and gave the stock a “neutral” rating in a research note on Thursday, February 26th. Twenty research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $371.39.

Get Our Latest Report on Home Depot

Home Depot News Roundup

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

Positive Sentiment: TD Cowen said Home Depot delivered solid execution in a challenging market, reinforcing the view that management is controlling what it can even as demand remains uneven. TD Cowen Says The Home Depot (HD) Delivered Solid Execution in Challenging Market
Positive Sentiment: Analysts highlighted a bright spot in Home Depot’s earnings, pointing to a detail that suggests improving momentum in at least one part of the business and could support the company’s pro-oriented growth story. A Bright Spot in Home Depot’s Earnings
Positive Sentiment: Home Depot’s sales recovery and the Mingledorff’s acquisition were cited as factors strengthening the company’s pro segment strategy and broader growth narrative. Home Depot Sales Recovery And Mingledorff’s Deal Strengthen Pro Growth Story
Neutral Sentiment: Shareholders approved governance charter amendments at the annual meeting, showing support for management but not directly changing the near-term earnings outlook. Home Depot Shareholders Approve Governance Charter Amendments
Neutral Sentiment: Investors are still debating whether HD is attractively valued or a value trap, reflecting uncertainty around how quickly demand can improve. Home Depot stock: Wall Street says ‘buy,’ but this brutal math suggests it is a value trap
Negative Sentiment: Connecticut lawmakers’ scrutiny of parking lot license plate readers adds another governance/privacy-related headline risk, contributing to pressure on the shares. Home Depot Stock (NYSE:HD) Slips as Connecticut Lawmakers Take a Hand in Parking Lot License Plate Readers
Negative Sentiment: Broader commentary on cautious consumers, inflation, and debt pressure suggests the demand environment for big-ticket home improvement spending remains soft. The Careful Consumer: What Q1 Earnings Reveal—And Where Cracks May Appear (HD)

Insider Transactions at Home Depot

In related news, CFO Richard V. Mcphail sold 2,550 shares of the business’s stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $368.89, for a total transaction of $940,669.50. Following the completion of the transaction, the chief financial officer directly owned 44,566 shares in the company, valued at $16,439,951.74. The trade was 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 corporate insiders.

Home Depot Trading Down 0.8%

NYSE HD opened at $310.56 on Wednesday. The company has a market capitalization of $309.33 billion, a PE ratio of 22.06, a P/E/G ratio of 3.61 and a beta of 1.00. The company has a fifty day moving average of $325.86 and a 200 day moving average of $350.69. The Home Depot, Inc. has a 1 year low of $289.10 and a 1 year high of $426.75. The company has a debt-to-equity ratio of 3.23, a current ratio of 1.04 and a quick ratio of 0.28.

Home Depot (NYSE:HD – Get Free Report) last posted its earnings results on Tuesday, May 19th. The home improvement retailer reported $3.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.41 by $0.02. The company had revenue of $41.77 billion during the quarter, compared to the consensus estimate of $41.59 billion. Home Depot had a net margin of 8.41% and a return on equity of 117.24%. The firm’s quarterly revenue was up 4.8% on a year-over-year basis. During the same period in the previous year, the firm posted $3.56 earnings per share. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. Research analysts forecast that The Home Depot, Inc. will post 15.02 earnings per share for the current year.

Home Depot Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Thursday, June 4th will be given a dividend of $2.33 per share. The ex-dividend date is Thursday, June 4th. This represents a $9.32 dividend on an annualized basis and a yield of 3.0%. Home Depot’s payout ratio is currently 66.19%.

Home Depot Profile

(Free Report)

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.