Miller Howard Investments 13F: New $30M Stake in HD

Miller Howard Investments disclosed a new position in The Home Depot, Inc. (HD) on October 26, 2026, acquiring 106,152 shares valued at approximately $30.2 million. This information comes from the fund's latest Form 13F filing with the SEC.

HD The Home Depot, Inc.

$319.38 ▼ -5.64% year to date

1M 3M YTD

Daily close · Oct 26, 2026

What Changed in Miller Howard Investments' Home Depot Position

Miller Howard Investments opened a new position in Home Depot, acquiring 106,152 shares. This new stake is worth about $30,199,271 and makes up 2.8% of the fund's total reported value of approximately $1.08 billion.

The Home Depot, Inc. Stock Down 0.1%

Home Depot shares recently traded around $319.38, which is about equal to the closing price on the filing date. The stock is currently above its 50-day moving average by about 3.2% but below its 200-day moving average by 4.8%.

Recent Earnings

For the trailing twelve months, Home Depot reported revenue of approximately $169.2 billion and an earnings per share (EPS) of $14.29. The next earnings report is scheduled for November 17, 2026.

Dividend

Home Depot pays an annual dividend of $9.32 per share, resulting in a yield of 2.92%. The dividend payout ratio is 64.8%.

Insider Buying and Selling at The Home Depot, Inc.

Several insiders sold shares of Home Depot prior to this filing. Chief Financial Officer Richard V. Mcphail sold 5,989 shares on August 19, 2026, at an average price of $348.40, totaling about $2.1 million. Other insiders also sold shares during the same period, with notable transactions from Michael F. Rowe and Teresa Wynn Roseborough.

Analysts Set New Price Targets

On October 26, 2026, Stifel maintained its rating on Home Depot as Hold, with a price target of $322. Earlier, Mizuho and DA Davidson also maintained their ratings of Outperform and Buy, respectively, with targets of $390.00 and $377.00. The consensus rating for Home Depot remains a Buy, with a mean target price of $379.00.

About Home Depot

Home Depot operates as a home improvement retailer, selling building materials, home improvement products, and offering installation services. The company serves customers in the U.S. and internationally, making it a key player in the home improvement industry.

Bottom Line

Miller Howard Investments' new stake in Home Depot adds to its diverse portfolio. Investors should watch for the upcoming earnings report on November 17, 2026, for further insights into the company's performance.