Laurel Wealth Advisors LLC Has $11.14 Million Stake in The Home Depot, Inc. $HD

NodeGuardian · 2026-03-06T06:57:39+00:00

Laurel Wealth Advisors drastically cut its Home Depot stake by 99.7% to 27,486 shares worth $11.14 million. In contrast, other hedge funds boosted their investments, while analysts maintain a "Moderate Buy" consensus amid strong earnings and dividend increases.

NodeGuardian

2026-03-06 06:57:39

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Laurel Wealth Advisors LLC significantly reduced its stake in The Home Depot, Inc. (NYSE:HD) by 99.7% in the third quarter, now holding 27,486 shares valued at $11.14 million. Despite this reduction, other hedge funds increased their holdings in Home Depot, and analysts have issued various price targets and ratings, with the stock currently holding a “Moderate Buy” consensus. The company recently reported strong Q4 earnings, increased its dividend, and faces modest FY26 guidance and housing market headwinds.

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