Tower View Wealth Management LLC Sells 1,820 Shares of The Home Depot, Inc. $HD

Posted by Brian Himes on Jun 27th, 2026

Tower View Wealth Management LLC reduced its stake in The Home Depot, Inc. (NYSE:HD – Free Report) by 20.2% during the first quarter, Holdings Channel.com reports. The institutional investor owned 7,204 shares of the home improvement retailer’s stock after selling 1,820 shares during the period. Tower View Wealth Management LLC’s holdings in Home Depot were worth $2,369,000 as of its most recent filing with the SEC.

Several other institutional investors also recently added to or reduced their stakes in HD. Parvin Asset Management LLC boosted its stake in Home Depot by 110.0% in the third quarter. Parvin Asset Management LLC now owns 63 shares of the home improvement retailer’s stock valued at $26,000 after acquiring an additional 33 shares during the last quarter. Advocate Investing Services LLC purchased a new stake in shares of Home Depot during the 4th quarter worth approximately $25,000. Key Capital Management INC purchased a new stake in shares of Home Depot during the 4th quarter worth approximately $28,000. Cache Advisors LLC bought a new stake in shares of Home Depot in the 1st quarter worth approximately $27,000. Finally, Imprint Wealth LLC bought a new stake in shares of Home Depot in the 3rd quarter worth approximately $34,000. Institutional investors own 70.86% of the company’s stock.

Home Depot Trading Up 1.0%

Shares of HD stock opened at $348.60 on Friday. The company’s fifty day simple moving average is $322.98 and its two-hundred day simple moving average is $345.78. The company has a debt-to-equity ratio of 3.23, a current ratio of 1.04 and a quick ratio of 0.28. The Home Depot, Inc. has a 1 year low of $289.10 and a 1 year high of $426.75. The stock has a market capitalization of $347.60 billion, a price-to-earnings ratio of 24.76, a PEG ratio of 3.98 and a beta of 0.97.

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 for the quarter, beating analysts’ consensus estimates of $3.41 by $0.02. The business had revenue of $41.77 billion during the quarter, compared to analyst estimates of $41.59 billion. Home Depot had a return on equity of 117.24% and a net margin of 8.41%.The company’s quarterly revenue was up 4.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $3.56 EPS. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. As a group, analysts anticipate that The Home Depot, Inc. will post 15.01 earnings per share for the current year.

Home Depot Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th were given a $2.33 dividend. The ex-dividend date was Thursday, June 4th. This represents a $9.32 annualized dividend and a yield of 2.7%. Home Depot’s payout ratio is presently 66.19%.

Wall Street Analyst Weigh In

A number of analysts have issued reports on HD shares. Guggenheim reissued a “buy” rating and issued a $425.00 target price on shares of Home Depot in a research report on Wednesday, May 20th. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $346.00 price target on shares of Home Depot in a research report on Wednesday, May 20th. Bank of America initiated coverage on Home Depot in a research note on Tuesday, May 5th. They set a “buy” rating and a $374.00 price target for the company. Citigroup decreased their price objective on Home Depot from $450.00 to $400.00 and set a “buy” rating for the company in a report on Tuesday, May 12th. Finally, DA Davidson dropped their price objective on shares of Home Depot from $445.00 to $377.00 and set a “buy” rating on the stock in a report on Tuesday, May 19th. Eighteen research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Home Depot has a consensus rating of “Moderate Buy” and a consensus price target of $371.71.

View Our Latest Research Report on Home Depot

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.