Orgel Wealth Management 13F: Exits The Home Depot (HD) Stake

Orgel Wealth Management completely exited its investment in The Home Depot, Inc. (NYSE: HD) during the period, according to a Form 13F filing disclosed on October 14, 2026. Because 13F filings are backward-looking reports, this update reflects portfolio positioning at the close of the quarter and may not represent the firm's current holdings.

What Changed in Orgel Wealth Management's The Home Depot, Inc. Position

Orgel Wealth Management sold out of its entire position in the home improvement retailer. The firm cut its holding by 648 shares, reducing its stake from 648 shares down to zero.

Other Institutional Activity in The Home Depot, Inc.

Larger institutional managers adjusted their positions in the retailer around the same time. Blackrock Inc. grew its holdings by 2,918,308 shares, ending with 81,578,902 shares worth about $25,259,275,824.0. Vanguard Capital Management LLC added 388,128 shares to finish with 65,076,088 shares valued at approximately $20,149,509,445.0. State Street Corporation lifted its stake by 499,429 shares, bringing its total to 47,175,026 shares worth roughly $14,606,803,530.0. Vanguard Portfolio Management LLC grew its position by 475,195 shares to hold 25,751,551 shares valued at about $7,973,452,861.0. Geode Capital Management, LLC increased its holdings by 326,672 shares, ending with 25,263,448 shares worth around $7,822,321,527.0.

The Home Depot, Inc. Stock Up 4.5%

The stock recently traded around $308.94 as of October 16, 2026. The shares sit 1.6% below their 50-day moving average of $313.97 and 8.2% below their 200-day moving average of $336.47. The equity is down 22.3% from its 52-week high of $397.63, though it remains 11.5% above its 52-week low of $277.15.

Recent Earnings

The company reported trailing twelve-month revenue of $169,176,006,656.0 and basic earnings per share of $14.37. The company posted a net margin of 8.4% and a return on equity of 104.3%, with revenue growing 5.7% year-over-year. The next earnings report is scheduled for November 17, 2026.

Dividend

The Home Depot, Inc. pays an annualized dividend yielding 3.02%, supported by a dividend payout ratio of 64.8%.

Insider Buying and Selling at The Home Depot, Inc.

Company insiders trimmed their holdings across several transactions. Chief Financial Officer Richard V. McPhail sold 5,989 shares on August 19, 2026, at an average price of $348.40 for a total value of $2,086,568.0. Officer Michael F. Rowe sold 710 shares on August 26, 2026, at $336.76 per share, totaling $239,100.0. General Counsel Teresa Wynn Roseborough sold 2,455 shares on August 28, 2026, at $328.77 per share for a total of $807,130.0. Officer Kimberly R. Scardino sold 675 shares on September 10, 2026, at $305.95 per share, totaling $206,516.0.

Analysts Set New Price Targets

Wall Street analysts continue to update their views on the stock. On August 19, 2026, Mizuho maintained its Outperform rating while raising its price target to $390.0 from $385.0. DA Davidson maintained a Buy rating with a $377.0 price target on August 19, 2026. UBS maintained its Buy rating on August 19, 2026, lowering its target to $420.0 from $430.0. Truist Securities maintained a Buy rating on August 19, 2026, lifting its target to $373.0 from $369.0. Bernstein maintained a Market Perform rating on September 9, 2026, reducing its target to $344.0 from $354.0. Overall, the stock carries a consensus Buy rating from 32 analysts with a mean price target of $379.75.

About The Home Depot, Inc.

Based in Atlanta, Georgia, The Home Depot, Inc. operates retail stores offering building materials, lawn and garden supplies, home improvement goods, and decor products. The company also provides installation services for flooring, appliances, and home fixtures to retail and professional contractor customers.

Bottom Line

Orgel Wealth Management's decision to close out its position removes the firm from the retailer's shareholder base as of the filing period. Investors will look toward the company's upcoming earnings report on November 17, 2026, for updated financial results and guidance.