Trifecta Capital Advisors LLC Acquires New Stake in The Home Depot, Inc. $HD

Posted by Francis Steltz on Aug 22nd, 2026

Trifecta Capital Advisors LLC bought a new position in shares of The Home Depot, Inc. (NYSE:HD – Free Report) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor bought 21,124 shares of the home improvement retailer’s stock, valued at approximately $7,450,000. Home Depot accounts for about 1.0% of Trifecta Capital Advisors LLC’s investment portfolio, making the stock its 29th biggest position.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Brighton Jones LLC raised its position in shares of Home Depot by 36.5% during the fourth quarter. Brighton Jones LLC now owns 26,918 shares of the home improvement retailer’s stock worth $10,471,000 after acquiring an additional 7,203 shares during the last quarter. Sivia Capital Partners LLC boosted its holdings in Home Depot by 7.1% in the second quarter. Sivia Capital Partners LLC now owns 2,598 shares of the home improvement retailer’s stock valued at $952,000 after acquiring an additional 173 shares during the last quarter. Schnieders Capital Management LLC. boosted its holdings in Home Depot by 14.1% in the second quarter. Schnieders Capital Management LLC. now owns 11,587 shares of the home improvement retailer’s stock valued at $4,248,000 after acquiring an additional 1,433 shares during the last quarter. Darwin Wealth Management LLC acquired a new stake in Home Depot during the 2nd quarter valued at approximately $1,773,000. Finally, Financial Advisors Network Inc. increased its position 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 during the period. 70.86% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Home Depot

In related news, CFO Richard V. Mcphail sold 5,989 shares of the stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $348.40, for a total value of $2,086,567.60. Following the transaction, the chief financial officer directly owned 48,104 shares in the company, valued at $16,759,433.60. This trade represents a 11.07% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.08% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on HD. Gordon Haskett boosted their price target on shares of Home Depot from $320.00 to $330.00 in a research report on Friday, June 12th. Stifel Nicolaus increased their price objective on shares of Home Depot from $320.00 to $340.00 and gave the stock a “hold” rating in a research report on Monday, August 17th. HSBC lowered their target price on shares of Home Depot from $392.00 to $310.00 and set a “hold” rating for the company in a research note on Wednesday, May 20th. The Goldman Sachs Group cut their price target on shares of Home Depot from $409.00 to $390.00 and set a “buy” rating on the stock in a research report on Wednesday, May 20th. Finally, Wolfe Research lowered Home Depot from an “outperform” rating to a “peer perform” rating in a research report on Tuesday, June 23rd. Eighteen research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $375.54.

Check Out Our Latest Stock Report on HD

More Home Depot News

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

Positive Sentiment: Home Depot’s latest quarter showed solid execution: earnings and revenue exceeded consensus estimates, while sales increased year over year. Bank of America characterized the results as resilient despite a difficult housing backdrop. Home Depot Q2 results analysis
Positive Sentiment: The board declared a quarterly dividend of $2.33 per share, payable September 17 to shareholders of record September 3. The annualized payout implies a yield of approximately 2.8%, supporting the stock’s income appeal. Home Depot declares quarterly dividend
Positive Sentiment: DA Davidson, Argus and Guggenheim reiterated or assigned “Buy” ratings, indicating continued confidence in Home Depot’s long-term positioning. The company is also expanding nationwide express delivery to make smaller projects more convenient for cautious consumers. DA Davidson buy rating Home Depot expands express delivery
Neutral Sentiment: Royal Bank of Canada lowered its price target to $342, while KeyCorp maintained a Sector Weight rating. The mixed recommendations suggest limited near-term upside despite the earnings beat. RBC lowers Home Depot price target
Neutral Sentiment: Home Depot expanded executive responsibilities and awarded restricted stock, changes intended to support leadership continuity but with no immediate earnings impact. Home Depot executive changes
Negative Sentiment: Reports highlight margin pressure and an uphill sales environment as customers delay or reduce spending on major renovations. This could constrain comparable sales and profitability even after the recent quarterly beat. Home Depot margin pressure Home Depot customer spending concerns
Negative Sentiment: CFO Richard McPhail sold 5,989 shares worth approximately $2.1 million, reducing his position by 11.1%. While insider sales do not necessarily signal deteriorating fundamentals, the transaction may weigh modestly on sentiment. Home Depot CFO stock sale

Home Depot Price Performance

Shares of NYSE HD opened at $336.04 on Friday. The firm has a market capitalization of $335.07 billion, a P/E ratio of 23.52, a P/E/G ratio of 3.68 and a beta of 0.95. The firm’s 50-day moving average price is $340.86 and its 200-day moving average price is $340.46. The company has a current ratio of 1.08, a quick ratio of 0.28 and a debt-to-equity ratio of 2.64. The Home Depot, Inc. has a 1-year low of $289.10 and a 1-year high of $426.75.

Home Depot (NYSE:HD – Get Free Report) last posted its quarterly earnings results on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share for the quarter, topping analysts’ consensus estimates of $4.73 by $0.19. The business had revenue of $47.86 billion for the quarter, compared to the consensus estimate of $47.24 billion. Home Depot had a return on equity of 106.42% and a net margin of 8.41%.The firm’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same period in the prior year, the business earned $4.68 EPS. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. Equities research analysts anticipate that The Home Depot, Inc. will post 14.99 earnings per share for the current fiscal year.

Home Depot Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd will be given a dividend of $2.33 per share. This represents a $9.32 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend is Thursday, September 3rd. Home Depot’s dividend payout ratio is presently 65.22%.

Home Depot Company 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.