Hedge Fund Holdings Analysis: Home Depot
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 4 days ago
0mins
Should l Buy HD?
Source: NASDAQ.COM
- Overview of Holdings: In the latest 13F filings, 42 hedge funds reported holding Home Depot (HD), indicating significant interest in the stock, although these reports only reflect long positions and do not disclose short positions.
- Changes in Holdings: During the reporting period ending March 31, 2026, 19 funds increased their positions in HD while 18 funds decreased theirs, suggesting a divergence in market sentiment regarding Home Depot.
- Aggregate Share Count: The total shares held by hedge funds in HD as of March 31, 2026, stood at 6,131,323, down from 6,187,547 shares on December 31, 2025, reflecting a decrease of 56,224 shares or approximately 0.91%, indicating a weakening overall confidence in the stock.
- Key Fund Movements: USA Financial Formulas exited its position in Home Depot's common stock in the latest 13F filings, suggesting a cautious outlook that may influence other investors' confidence in the stock.
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Analyst Views on HD
Wall Street analysts forecast HD stock price to rise
23 Analyst Rating
17 Buy
5 Hold
1 Sell
Moderate Buy
Current: 337.150
Low
320.00
Averages
401.47
High
441.00
Current: 337.150
Low
320.00
Averages
401.47
High
441.00
About HD
The Home Depot, Inc. is a home improvement retailer. It offers its customers an assortment of home improvement products, building materials, lawn and garden products, decor products, and facilities maintenance, repair, and operations (MRO) products, in stores and online. It also provides a number of services, including home improvement installation services, and tool and equipment rental. It operates over 2,359 stores located throughout the U.S. (including the Commonwealth of Puerto Rico and the territories of the U.S. Virgin Islands and Guam), Canada, and Mexico. Its stores average over 104,000 square feet of enclosed space, with over 24,000 additional square feet of outside garden area. It also maintains a network of distribution and fulfillment centers, as well as mobile applications and e-commerce websites in the U.S., Canada, and Mexico. It serves two primary customer groups, including both do-it-yourself (DIY) and do-it-for-me (DIFM) customers and professional customers (Pros).
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Stable Dividend Yield: PepsiCo has raised its dividend for 54 consecutive years, currently offering a 3.6% yield, which positions it as a reliable source of passive income for investors over the next 50 years, reflecting its strong profitability and market position.
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- Market Challenges: PepsiCo faces stagnation in sales growth due to the popularity of weight-loss drugs; however, it reported an 8.5% net revenue growth in Q1 2023, indicating a successful pivot through improved nutritional quality and pricing strategies.
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