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Hamlin Capital trims Home Depot stake by 5.7% amid mixed analyst ratings and dividend hike.

Market News
23 Mar 2026
Defense World
View Source
Neutral
pluang ai news

Hamlin Capital Management reduced its holdings in Home Depot by 5.7% in Q4, selling 22,895 shares. The company recently reported earnings beating estimates but with a 3.8% revenue decline year-over-year. Home Depot announced a dividend increase to $2.33 per share, reflecting confidence despite a cautious market outlook. Analysts remain mixed, with some raising price targets while others hold or downgrade, amid broader market volatility and increased put option activity signaling hedging or bearish bets.

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