Mission Wealth Management LP Buys 5,560 Shares of The Home Depot, Inc. $HD

Posted by Brenda Bartman on Aug 13th, 2026

Mission Wealth Management LP increased its stake in The Home Depot, Inc. (NYSE:HD – Free Report) by 15.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 42,429 shares of the home improvement retailer’s stock after buying an additional 5,560 shares during the quarter. Mission Wealth Management LP’s holdings in Home Depot were worth $14,964,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. lifted its stake in Home Depot by 1.3% in the fourth quarter. Vanguard Group Inc. now owns 99,635,779 shares of the home improvement retailer’s stock valued at $34,284,672,000 after acquiring an additional 1,325,748 shares during the last quarter. State Street Corp increased its stake in shares of Home Depot by 1.8% during the 4th quarter. State Street Corp now owns 46,925,342 shares of the home improvement retailer’s stock worth $16,147,010,000 after purchasing an additional 825,164 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of Home Depot by 1.5% during the 4th quarter. Geode Capital Management LLC now owns 23,756,142 shares of the home improvement retailer’s stock worth $8,151,344,000 after purchasing an additional 343,153 shares during the last quarter. Bank of America Corp DE raised its holdings in shares of Home Depot by 1.6% in the 1st quarter. Bank of America Corp DE now owns 16,314,357 shares of the home improvement retailer’s stock valued at $5,365,629,000 after purchasing an additional 250,825 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its stake in Home Depot by 7.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 15,471,132 shares of the home improvement retailer’s stock valued at $5,323,620,000 after purchasing an additional 1,113,114 shares during the last quarter. 70.86% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. Stifel Nicolaus reduced their price target on Home Depot from $375.00 to $320.00 and set a “hold” rating for the company in a report on Monday, May 18th. Evercore dropped their price objective on Home Depot from $415.00 to $400.00 and set an “outperform” rating on the stock in a research note on Wednesday, May 20th. Weiss Ratings raised Home Depot from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, July 7th. Argus reduced their target price on Home Depot from $425.00 to $400.00 and set a “buy” rating for the company in a research note on Thursday, May 21st. Finally, TD Cowen reissued a “buy” rating on shares of Home Depot in a report on Monday. Eighteen research 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 data from MarketBeat.com, Home Depot presently has a consensus rating of “Moderate Buy” and a consensus price target of $373.18.

Check Out Our Latest Report on HD

Trending Headlines about Home Depot

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

Positive Sentiment: Wells Fargo raised its Home Depot price target to $400 from $360 and maintained an “overweight” rating, citing potential upside if the company’s recovery gains traction. Wells Fargo raises Home Depot price target
Positive Sentiment: Some analysts expect Home Depot to surpass quarterly estimates, pointing to its history of earnings surprises and favorable earnings indicators. Consensus expectations call for approximately $4.73 in earnings per share and $47.24 billion in revenue for the quarter. Home Depot earnings beat outlook
Neutral Sentiment: Decker is expected to return within a few months. During his absence, Senior Executive Vice President Ann-Marie Campbell and CFO Richard McPhail will oversee operations and financial management, providing an established interim leadership structure. Home Depot interim management announcement
Negative Sentiment: The CEO’s medical leave introduces execution and strategic-continuity concerns just before earnings. Investors will focus on whether interim management changes the company’s outlook or commentary on consumer demand and home-improvement spending. Home Depot CEO medical leave
Negative Sentiment: Commentary from The Motley Fool argues that HD is priced for a recovery that may arrive too soon, recommending caution ahead of the earnings release. That valuation concern could amplify pressure if results or guidance disappoint. Should You Buy Home Depot Stock Before Aug. 18?

Home Depot Price Performance

Home Depot stock opened at $343.96 on Thursday. The company has a market capitalization of $342.97 billion, a price-to-earnings ratio of 24.43, a PEG ratio of 4.26 and a beta of 0.95. The company has a current ratio of 1.04, a quick ratio of 0.28 and a debt-to-equity ratio of 3.23. The Home Depot, Inc. has a 12 month low of $289.10 and a 12 month high of $426.75. The stock’s 50 day moving average is $338.00 and its 200-day moving average is $342.17.

Home Depot (NYSE:HD – Get Free Report) last released its quarterly earnings results on Tuesday, May 19th. The home improvement retailer reported $3.43 earnings per share for the quarter, topping the consensus estimate of $3.41 by $0.02. The business had revenue of $41.77 billion during the quarter, compared to analysts’ expectations of $41.59 billion. Home Depot had a return on equity of 117.24% and a net margin of 8.41%.The firm’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period last year, the firm posted $3.56 EPS. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. Equities research analysts expect that The Home Depot, Inc. will post 15.01 EPS for the current year.

Home Depot Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th were issued a dividend of $2.33 per share. The ex-dividend date of this dividend was Thursday, June 4th. This represents a $9.32 dividend on an annualized basis and a dividend yield of 2.7%. Home Depot’s dividend payout ratio (DPR) is currently 66.19%.

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.