Elser Financial Planning 13F: Exits The Home Depot (HD) Stake

Elser Financial Planning has sold its entire stake in The Home Depot, Inc. (HD), cutting 675 shares on October 16, 2026. This move reflects a complete exit from its previous holdings valued at about $208,656. The company no longer holds any shares after this transaction.

What Changed in Elser Financial Planning's Home Depot Position

This sale marked a 100% decrease in Elser Financial Planning's position in Home Depot, as the fund sold all its shares. This significant transaction indicates a shift in the fund's investment strategy concerning the home improvement retailer.

Other Institutional Activity in Home Depot

Several other major institutional investors continue to hold significant positions in Home Depot. Blackrock Inc. increased its holdings by 2,918,308 shares, ending with 81,578,902 shares valued at approximately $25.3 billion. Vanguard Capital Management LLC added 388,128 shares for a total of 65,076,088 shares worth roughly $20.1 billion. State Street Corporation also grew its stake by 499,429 shares, bringing its total to 47,175,026 shares valued at about $14.6 billion. Vanguard Portfolio Management LLC and Geode Capital Management, LLC also hold substantial stakes in the company, maintaining investor interest in Home Depot.

The Home Depot, Inc. Stock Up 4.5%

Home Depot shares recently traded around $308.94, which is below both its 50-day moving average of about $313.97 and its 200-day average of approximately $336.47. The stock is currently 22.3% below its 52-week high of $397.63, while still being 11.5% above its 52-week low of $277.15. This performance suggests that the stock is facing challenges in regaining its previous high levels.

Recent Earnings

For the year ending with its latest earnings report, Home Depot reported trailing twelve-month revenue of approximately $169.2 billion and earnings per share (EPS) of $14.37. The company has seen a revenue growth of 5.7% year-over-year and a net margin of 8.4%. The next earnings report is scheduled for November 17, 2026.

Analysts Set New Price Targets

On August 19, 2026, several firms maintained their ratings for Home Depot. Mizuho set a target of $390.00 while DA Davidson kept their target at $377.00. UBS maintained a price target of $420.00, and Truist Securities set theirs at $373.00. The consensus recommendation is currently a buy, with a mean price target of $379.75 based on 32 analyst opinions.

About Home Depot

The Home Depot, Inc. is a leading home improvement retailer, offering a wide range of building materials, home improvement products, and lawn and garden items. The company also provides installation services for various home improvement projects. This sale by Elser Financial Planning may reflect broader trends or shifts in investor sentiment around the retail and construction sectors.

Bottom Line

Investors should keep an eye on Home Depot's upcoming earnings report on November 17, 2026, as it may provide insights into the company's performance amidst changing market conditions. Remember that 13F filings reflect holdings as of the end of the reporting quarter and may not represent the fund's current position. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.