Fischer Financial Services Inc. Purchases New Stake in The Home Depot, Inc. $HD

Posted by Brenda Bartman on Aug 28th, 2026

Fischer Financial Services Inc. purchased a new stake in shares of The Home Depot, Inc. (NYSE:HD – Free Report) in the second quarter, Holdings Channel reports. The firm purchased 6,622 shares of the home improvement retailer’s stock, valued at approximately $2,335,000. Home Depot accounts for approximately 0.6% of Fischer Financial Services Inc.’s holdings, making the stock its 23rd largest holding.

Several other institutional investors have also recently bought and sold shares of HD. Gator Capital Management LLC bought a new position in Home Depot during the 4th quarter valued at $3,693,000. King Luther Capital Management Corp raised its holdings in shares of Home Depot by 0.6% in the fourth quarter. King Luther Capital Management Corp now owns 1,240,478 shares of the home improvement retailer’s stock valued at $426,848,000 after purchasing an additional 7,180 shares during the last quarter. Thompson Siegel & Walmsley LLC raised its holdings in shares of Home Depot by 320.4% in the fourth quarter. Thompson Siegel & Walmsley LLC now owns 11,292 shares of the home improvement retailer’s stock valued at $3,886,000 after purchasing an additional 8,606 shares during the last quarter. Sarasin & Partners LLP boosted its holdings in Home Depot by 4.0% during the second quarter. Sarasin & Partners LLP now owns 687,219 shares of the home improvement retailer’s stock worth $242,368,000 after purchasing an additional 26,357 shares during the last quarter. Finally, Capital International Inc. CA grew its position in Home Depot by 4.3% in the 4th quarter. Capital International Inc. CA now owns 150,368 shares of the home improvement retailer’s stock worth $51,742,000 after purchasing an additional 6,187 shares in the last quarter. Institutional investors and hedge funds own 70.86% of the company’s stock.

Home Depot Trading Down 1.8%

NYSE HD opened at $328.80 on Friday. The company has a quick ratio of 0.31, a current ratio of 1.08 and a debt-to-equity ratio of 2.64. The Home Depot, Inc. has a twelve month low of $289.10 and a twelve month high of $426.75. The firm has a market capitalization of $328.04 billion, a PE ratio of 23.01, a P/E/G ratio of 3.69 and a beta of 0.95. The stock’s 50 day moving average is $341.07 and its 200 day moving average is $338.82.

Home Depot (NYSE:HD – Get Free Report) last posted its quarterly earnings data 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. The business had revenue of $47.86 billion during 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 quarterly revenue was up 5.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $4.68 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 14.99 earnings per share for the current fiscal year.

Home Depot Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Thursday, September 3rd will be paid a $2.33 dividend. This represents a $9.32 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Thursday, September 3rd. Home Depot’s dividend payout ratio (DPR) is presently 65.22%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the company. Stifel Nicolaus lifted their target price on Home Depot from $320.00 to $340.00 and gave the stock a “hold” rating in a research note on Monday, August 17th. TD Cowen reissued a “buy” rating on shares of Home Depot in a report on Monday, August 10th. Bank of America assumed coverage on Home Depot in a research note on Tuesday, May 5th. They issued a “buy” rating and a $374.00 target price for the company. Weiss Ratings upgraded Home Depot from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, July 7th. Finally, Royal Bank Of Canada cut their price target on shares of Home Depot from $343.00 to $342.00 and set a “sector perform” rating on the stock in a report on Wednesday, August 19th. Eighteen investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $375.54.

View Our Latest Stock Analysis on HD

Key Home Depot News

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

Positive Sentiment: Home Depot expanded its Magic Apron AI assistant to all U.S. stores. The tool provides localized product information, project guidance and store navigation through text, voice, images and multiple languages. With millions of questions handled monthly, the rollout could improve customer service, associate productivity and sales conversion. The Home Depot Expands Magic Apron to Deliver Personalized and Localized In-Store Guidance
Positive Sentiment: Recent analysis argues that Home Depot is showing its clearest turnaround signal in roughly two years. Analysts remain generally constructive, while the company’s recent quarterly results showed revenue growth and earnings above expectations, potentially positioning HD to benefit disproportionately when housing and remodeling demand recover. Prediction: Home Depot’s Turnaround Could Be Bigger Than Investors Expect
Positive Sentiment: A comparison with Lowe’s suggests Home Depot may be the stronger housing-recovery play, with its scale, professional-customer exposure and strategic execution differentiating it in a frozen housing market. Home Depot vs. Lowe’s: One Housing Recovery Play Stands Out
Neutral Sentiment: Home Depot beat second-quarter estimates, but coverage highlights a $685 million tariff refund. Because the refund may be a one-time benefit rather than recurring operating improvement, investors may be discounting part of the earnings upside. Home Depot Beat Q2 Estimates. What Did the $685M Tariff Refund Change?
Negative Sentiment: Executive Vice President Michael F. Rowe sold 710 shares worth approximately $239,100, reducing his direct holdings by 9.4%. The transaction is relatively small and may be routine, but insider selling can add modest sentiment pressure. SEC Insider Transaction Filing

Insider Activity

In related news, EVP Michael F. Rowe sold 710 shares of Home Depot stock in a transaction dated 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 transaction, the executive vice president directly owned 6,838 shares of the company’s stock, valued at $2,302,764.88. This trade represents a 9.41% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Richard V. Mcphail sold 5,989 shares of the business’s stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $348.40, for a total transaction of $2,086,567.60. Following the sale, the chief financial officer directly owned 48,104 shares in the company, valued at $16,759,433.60. The trade was a 11.07% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.08% of the stock is owned by company insiders.

About Home Depot

(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.