Midwest Trust 13F: Adds $3.6M to The Home Depot (HD) Stake

Midwest Trust boosted its position in The Home Depot, Inc. NYSE: HD by purchasing an additional 12,510 shares during the quarter. According to a Form 13F filing with the U.S. Securities and Exchange Commission on October 22, 2026, the firm's total holding reached 200,230 shares with a reported value of $56,963,517.

HD The Home Depot, Inc.

$327.73 ▼ -3.17% year to date

1M 3M YTD

Daily close · Oct 22, 2026

What Changed in Midwest Trust's The Home Depot, Inc. Position

The firm expanded its stake by 6.66% compared to the previous period, lifting its total share count from 187,720 to 200,230. That increase added 12,510 shares to the portfolio, reflecting a notable vote of confidence in the home improvement retailer.

Other Institutional Activity in The Home Depot, Inc.

Other institutional investors also adjusted their positions in the retail giant during the filing window. Smith Chas P & Associates Pa Cpas increased its holdings by 2,247 shares, ending with 189,655 shares worth about $58,722,843. Heck Capital Advisors added a new position of 5,076 shares valued at roughly $1,444,072. Conversely, Bell Bank trimmed its stake by 2,943 shares to finish with 3,539 shares worth about $1,006,810. Elser Financial Planning and Financial Synergies Wealth Advisors both closed out their entire positions by selling all of their shares.

The Home Depot, Inc. Stock Up 4.0%

The stock recently traded around $327.69 as of October 23, 2026, sitting right around the $327.73 close recorded on the filing date. Shares trade roughly 5.5% above their 50-day moving average of $310.74, while remaining about 2.4% under their 200-day moving average of $335.81.

Recent Earnings

The retailer reported trailing twelve-month revenue of $169.18 billion alongside earnings of $14.29 per share. Investors look toward the upcoming earnings release on November 17, 2026, for further updates on retail demand and profit margins.

Dividend

The company distributes an annual dividend rate of $9.32 per share, translating to a dividend yield of 2.97%.

Insider Buying and Selling at The Home Depot, Inc.

Company insiders completed several transactions ahead of the filing period. Chief Financial Officer Richard V. McPhail sold 5,989 shares on August 19, 2026, at an average price of $348.40. Officer Michael F. Rowe sold 710 shares on August 26, 2026. General Counsel Teresa Wynn Roseborough and other corporate insiders also trimmed portions of their holdings during late summer.

Analysts Set New Price Targets

Wall Street firms updated their views on the stock ahead of the filing. Mizuho maintained an Outperform rating while lifting its target from $385.00 to $390.00 on August 19, 2026. DA Davidson kept a Buy rating with a $377.00 price target. UBS maintained its Buy rating with a target of $420.00, down from $430.00. Truist Securities kept a Buy rating while raising its target to $373.00, and Bernstein maintained a Market Perform rating with a target of $344.00.

About The Home Depot, Inc.

The Home Depot, Inc. operates retail stores selling building materials, hardware, lawn and garden supplies, and home improvement products, alongside offering various installation services for residential and commercial customers.

Bottom Line

Midwest Trust's larger stake highlights continued institutional interest in the home improvement sector. Market participants will watch the upcoming November 17 earnings report for fresh signals on consumer spending patterns and profitability.