Mirae Asset Global Investments Co. Ltd. Acquires 51,530 Shares of The Home Depot, Inc. $HD

Mirae Asset Global Investments Co. Ltd. lifted its stake in The Home Depot, Inc. (NYSE:HD) by 12.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 460,368 shares of the home improvement retailer’s stock after buying an additional 51,530 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Home Depot were worth $158,413,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in HD. Wellington Management Group LLP lifted its position in shares of Home Depot by 60.8% during the 3rd quarter. Wellington Management Group LLP now owns 10,143,089 shares of the home improvement retailer’s stock valued at $4,109,878,000 after acquiring an additional 3,836,051 shares during the period. Franklin Resources Inc. raised its stake in Home Depot by 37.6% in the third quarter. Franklin Resources Inc. now owns 3,806,308 shares of the home improvement retailer’s stock valued at $1,542,278,000 after purchasing an additional 1,040,577 shares in the last quarter. Voya Investment Management LLC lifted its position in Home Depot by 112.3% during the third quarter. Voya Investment Management LLC now owns 1,444,128 shares of the home improvement retailer’s stock worth $585,147,000 after purchasing an additional 763,739 shares during the period. Alyeska Investment Group L.P. acquired a new stake in Home Depot during the third quarter worth about $284,893,000. Finally, ABN AMRO Bank N.V. increased its holdings in Home Depot by 2,427.3% in the 3rd quarter. ABN AMRO Bank N.V. now owns 631,551 shares of the home improvement retailer’s stock valued at $254,943,000 after buying an additional 606,562 shares during the period. Institutional investors and hedge funds own 70.86% of the company’s stock.

Insider Activity 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 value of $940,669.50. Following the sale, the chief financial officer owned 44,566 shares of the company’s stock, valued at $16,439,951.74. The trade was a 5.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 0.10% of the company’s stock.

Home Depot Trading Down 0.6%

Shares of HD stock opened at $337.04 on Friday. The Home Depot, Inc. has a twelve month low of $315.31 and a twelve month high of $426.75. The stock’s fifty day simple moving average is $353.06 and its 200 day simple moving average is $363.10. The company has a quick ratio of 0.26, a current ratio of 1.06 and a debt-to-equity ratio of 3.62. The firm has a market capitalization of $335.70 billion, a P/E ratio of 23.68, a P/E/G ratio of 3.70 and a beta of 1.09.

Home Depot (NYSE:HD) last posted its earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 EPS for the quarter, beating the consensus estimate of $2.52 by $0.20. The firm had revenue of $38.20 billion during the quarter, compared to the consensus estimate of $38.01 billion. Home Depot had a return on equity of 134.32% and a net margin of 8.60%.The business’s quarterly revenue was down 3.8% on a year-over-year basis. During the same period last year, the company earned $3.13 earnings per share. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. As a group, sell-side analysts predict that The Home Depot, Inc. will post 15.13 EPS for the current fiscal year.

Home Depot Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Thursday, March 12th were paid a dividend of $2.33 per share. The ex-dividend date of this dividend was Thursday, March 12th. This is an increase from Home Depot’s previous quarterly dividend of $2.30. This represents a $9.32 annualized dividend and a dividend yield of 2.8%. Home Depot’s payout ratio is 65.50%.

Analysts Set New Price Targets

A number of research analysts recently issued reports on HD shares. Gordon Haskett lifted their price objective on shares of Home Depot from $330.00 to $370.00 and gave the company a “hold” rating in a research note on Wednesday, February 11th. Robert W. Baird raised their price objective on Home Depot from $400.00 to $430.00 and gave the company an “outperform” rating in a research note on Tuesday, February 17th. Morgan Stanley boosted their target price on Home Depot from $412.00 to $420.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 25th. Royal Bank Of Canada increased their target price on shares of Home Depot from $363.00 to $377.00 and gave the stock a “sector perform” rating in a report on Wednesday, February 25th. Finally, Jefferies Financial Group raised their price target on shares of Home Depot from $424.00 to $454.00 and gave the company a “buy” rating in a research note on Tuesday, February 24th. Twenty investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $414.17.

Trending Headlines about Home Depot

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

• Positive Sentiment: Home Depot completed an acquisition of warehouse automation specialist Simpl Automation after successful DC pilots that improved pick speeds and reduced product touches — a direct push to accelerate same‑day/next‑day fulfilment, boost safety and cut distribution costs, supporting long‑term margins and competitive fulfillment capability. Home Depot acquires warehouse tech firm to boost fulfillment strategy Home Depot acquires SIMPL to expand supply chain automation
• Neutral Sentiment: Feature look at Home Depot’s stock‑split history and long track record of returning capital to shareholders — useful context for long‑term investors but unlikely to move the stock immediately. Home Depot’s stock split history: What you need to know
• Neutral Sentiment: A human‑interest profile on co‑founder Arthur Blank (background on the company’s origins); interesting color for investors but not a driver of near‑term price action. Billionaire Arthur Blank was fired from his first job
• Neutral Sentiment: Comparative analysis with Lowe’s highlights differing strategies around Pro customers and execution; informs relative valuation and competitive positioning but is analytical rather than an immediate catalyst. Home Depot vs. Lowe’s: One Has Crushed the Market for 5 Years Running
• Negative Sentiment: Market reaction: coverage notes HD stock is sliding while broader markets gain — short‑term selling and investor rotation weigh on the share price despite positive operational moves. Home Depot (HD) Stock Sinks As Market Gains: Here’s Why
• Negative Sentiment: Analyst/commentary skepticism: coverage argues the stock is sliding even as the market recognizes supply‑chain improvements, signaling that sentiment, valuation concerns or macro risks are dominating near‑term trading. “The Exact Opposite is True”: Home Depot Stock (NYSE:HD) Slides Despite New Recognition of Supply Chain Value

Home Depot Profile

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.