Maxele Advisors LLC Acquires Shares of 1,770 The Home Depot, Inc. $HD

Posted by Brenda Bartman on Sep 3rd, 2026

Maxele Advisors LLC bought a new position in The Home Depot, Inc. (NYSE:HD – Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 1,770 shares of the home improvement retailer’s stock, valued at approximately $624,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. BlackRock Inc. purchased a new position in Home Depot in the 2nd quarter worth approximately $28,771,247,000. Bank of America Corp DE purchased a new stake in Home Depot during the 2nd quarter valued at $5,780,468,000. Norges Bank bought a new stake in shares of Home Depot in the 4th quarter worth $4,850,329,000. Bank of New York Mellon Corp purchased a new position in shares of Home Depot in the second quarter worth $2,777,396,000. Finally, Corient Private Wealth LP purchased a new position in shares of Home Depot in the second quarter worth $390,913,000. Institutional investors own 70.86% of the company’s stock.

Home Depot News Summary

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

Positive Sentiment: Home Depot’s AI-powered Magic Apron tools are now available across U.S. stores, providing localized product search and project assistance. The technology could improve customer engagement and support the company’s professional-customer growth strategy. Home Depot Could Be 15% Undervalued On Its Pro Growth Narrative
Positive Sentiment: Zacks Research modestly raised its fiscal 2027 EPS forecast for HD to $15.03 from $14.95, while analysts continue to project earnings growth through fiscal 2029. The company also recently exceeded quarterly EPS and revenue expectations, offering some fundamental support. Home Depot Faces Weak DIY Demand
Positive Sentiment: A regional competitor, Earl May, reportedly plans to close roughly one-quarter of its stores. While the impact is likely limited, store closures could reduce competition in some local markets. Earl May Closing Stores

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. Telsey Advisory Group dropped their price objective on Home Depot from $435.00 to $410.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 20th. Sanford C. Bernstein restated a “market perform” rating and set a $354.00 target price on shares of Home Depot in a research note on Wednesday, August 19th. Truist Financial raised their price target on shares of Home Depot from $369.00 to $373.00 and gave the company a “buy” rating in a report on Wednesday, August 19th. Guggenheim reissued a “buy” rating and set a $425.00 price objective on shares of Home Depot in a report on Wednesday, August 19th. Finally, Morgan Stanley lowered their price objective on shares of Home Depot from $420.00 to $400.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 20th. 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 company’s stock. According to MarketBeat, Home Depot has a consensus rating of “Moderate Buy” and a consensus price target of $375.54.

Check Out Our Latest Report on HD

Home Depot Stock Performance

HD opened at $318.63 on Thursday. The company’s 50 day moving average is $340.43 and its 200 day moving average is $337.03. The company has a current ratio of 1.08, a quick ratio of 0.31 and a debt-to-equity ratio of 2.64. The company has a market cap of $317.89 billion, a price-to-earnings ratio of 22.30, a PEG ratio of 3.52 and a beta of 0.95. The Home Depot, Inc. has a 12-month low of $289.10 and a 12-month high of $426.75.

Home Depot (NYSE:HD – Get Free Report) last released its quarterly earnings results on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share for the quarter, topping the consensus estimate 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 net margin of 8.41% and a return on equity of 106.42%. The company’s quarterly revenue was up 5.7% on a year-over-year basis. During the same period last year, the firm earned $4.68 earnings per share. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. On average, equities research analysts predict that The Home Depot, Inc. will post 15 EPS for the current year.

Home Depot Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders 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 2.9%. The ex-dividend date is Thursday, September 3rd. Home Depot’s dividend payout ratio is 65.22%.

Insider Buying and Selling

In related news, CFO Richard V. Mcphail sold 5,989 shares of the firm’s 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 of the company’s stock, valued at approximately $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 can be accessed through this link. Also, EVP Michael F. Rowe sold 710 shares of Home Depot stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $336.76, for a total value of $239,099.60. Following the transaction, the executive vice president owned 6,838 shares in the company, valued at $2,302,764.88. This trade represents a 9.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 9,154 shares of company stock valued at $3,132,798. 0.08% of the stock is owned by company insiders.

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.