Woodard & Co. Asset Management Group Inc. ADV Boosts Holdings in The Home Depot, Inc. $HD

03 May 2026, 10:12 by Doug Wharley · The Cerbat Gem

Woodard & Co. Asset Management Group Inc. ADV boosted its stake in The Home Depot, Inc. (NYSE:HD – Free Report) by 16.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 13,410 shares of the home improvement retailer’s stock after acquiring an additional 1,865 shares during the period. Home Depot comprises approximately 0.7% of Woodard & Co. Asset Management Group Inc. ADV’s portfolio, making the stock its 28th largest position. Woodard & Co. Asset Management Group Inc. ADV’s holdings in Home Depot were worth $4,615,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in HD. Parvin Asset Management LLC increased its position in shares of Home Depot by 110.0% during the third quarter. Parvin Asset Management LLC now owns 63 shares of the home improvement retailer’s stock worth $26,000 after purchasing an additional 33 shares in the last quarter. Financially Speaking Inc acquired a new stake in shares of Home Depot during the third quarter worth about $31,000. Key Capital Management INC acquired a new stake in shares of Home Depot during the fourth quarter worth about $28,000. Imprint Wealth LLC acquired a new stake in shares of Home Depot during the third quarter worth about $34,000. Finally, AXS Investments LLC acquired a new stake in shares of Home Depot during the third quarter worth about $38,000. Hedge funds and other institutional investors own 70.86% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently commented on HD. Evercore cut their target price on Home Depot from $425.00 to $415.00 and set an “outperform” rating on the stock in a research report on Tuesday, March 31st. Truist Financial set a $424.00 target price on Home Depot in a research report on Tuesday, February 24th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Home Depot in a research report on Friday, March 27th. Royal Bank Of Canada lifted their target price on Home Depot from $363.00 to $377.00 and gave the stock a “sector perform” rating in a research report on Wednesday, February 25th. Finally, Daiwa Securities Group raised their price objective on shares of Home Depot from $360.00 to $390.00 and gave the stock a “neutral” rating in a research report on Thursday, February 26th. Twenty analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $414.17.

Get Our Latest Research Report on Home Depot

Home Depot Trading Down 1.4%

Shares of Home Depot stock opened at $324.22 on Friday. The company has a market capitalization of $322.93 billion, a P/E ratio of 22.78, a PEG ratio of 3.54 and a beta of 1.00. The company’s fifty day moving average is $343.27 and its two-hundred day moving average is $359.22. The company has a debt-to-equity ratio of 3.62, a quick ratio of 0.26 and a current ratio of 1.06. The Home Depot, Inc. has a 1 year low of $315.31 and a 1 year high of $426.75.

Home Depot (NYSE:HD – Get Free Report) last issued its earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 earnings per share for the quarter, beating the consensus estimate of $2.52 by $0.20. The business had revenue of $38.20 billion for the quarter, compared to the consensus estimate of $38.01 billion. Home Depot had a net margin of 8.60% and a return on equity of 134.32%. The business’s quarterly revenue was down 3.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $3.13 earnings per share. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. Analysts forecast that The Home Depot, Inc. will post 15.03 earnings per share for the current year.

Home Depot Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Thursday, March 12th were issued a $2.33 dividend. The ex-dividend date of this dividend was Thursday, March 12th. This is a positive change from Home Depot’s previous quarterly dividend of $2.30. This represents a $9.32 annualized dividend and a dividend yield of 2.9%. Home Depot’s payout ratio is presently 65.50%.

Insider Buying and Selling at Home Depot

In other news, CFO Richard V. Mcphail sold 2,550 shares of Home Depot stock in a transaction dated 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 legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.08% of the stock is currently owned by 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.