The Home Depot, Inc. $HD Shares Purchased by Patriot Financial Group Insurance Agency LLC

Patriot Financial Group Insurance Agency LLC grew its stake in shares of The Home Depot, Inc. (NYSE:HD) by 118.4% in the third quarter, HoldingsChannel reports. The fund owned 7,133 shares of the home improvement retailer’s stock after buying an additional 3,867 shares during the quarter. Patriot Financial Group Insurance Agency LLC’s holdings in Home Depot were worth $2,890,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Centerpoint Advisory Group raised its stake in Home Depot by 0.8% during the second quarter. Centerpoint Advisory Group now owns 3,163 shares of the home improvement retailer’s stock worth $1,160,000 after purchasing an additional 26 shares during the period. Disciplined Investors L.L.C. grew its stake in shares of Home Depot by 2.3% during the 2nd quarter. Disciplined Investors L.L.C. now owns 1,178 shares of the home improvement retailer’s stock valued at $432,000 after buying an additional 26 shares during the period. Brio Consultants LLC increased its holdings in shares of Home Depot by 4.7% during the 2nd quarter. Brio Consultants LLC now owns 574 shares of the home improvement retailer’s stock worth $210,000 after buying an additional 26 shares during the last quarter. Client 1ST Advisory Group LLC raised its position in shares of Home Depot by 1.5% in the 1st quarter. Client 1ST Advisory Group LLC now owns 1,878 shares of the home improvement retailer’s stock worth $688,000 after buying an additional 27 shares during the period. Finally, BWM Planning LLC boosted its holdings in Home Depot by 0.7% in the second quarter. BWM Planning LLC now owns 4,105 shares of the home improvement retailer’s stock valued at $1,505,000 after acquiring an additional 27 shares during the last quarter. 70.86% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the company. Wells Fargo & Company dropped their price target on Home Depot from $400.00 to $395.00 and set an “overweight” rating for the company in a research note on Wednesday, December 10th. DA Davidson decreased their target price on Home Depot from $430.00 to $407.00 and set a “buy” rating for the company in a report on Wednesday, December 10th. Daiwa Capital Markets raised their price target on shares of Home Depot from $348.00 to $360.00 and gave the company a “neutral” rating in a report on Tuesday. DZ Bank reiterated a “sell” rating on shares of Home Depot in a research note on Tuesday, November 18th. Finally, Oppenheimer dropped their price objective on shares of Home Depot from $420.00 to $405.00 and set a “market perform” rating for the company in a research report on Friday, December 5th. Twenty-one equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, Home Depot currently has an average rating of “Moderate Buy” and a consensus price target of $402.07.

Key Headlines Impacting Home Depot

Here are the key news stories impacting Home Depot this week:

• Positive Sentiment: Analyst upgrade lifted buying interest — a recent upgrade pushed shares higher earlier in the session, giving the stock short-term support as analysts reiterate confidence in HD’s fundamentals. Home Depot (NYSE:HD) Shares Up 1.1% on Analyst Upgrade
• Positive Sentiment: Daiwa raised its price target to $360 — a higher target provides an additional analyst-backed valuation floor that can stabilize sentiment after the recent pullback. Daiwa Capital Markets Boosts Home Depot (NYSE:HD) Price Target to $360.00
• Positive Sentiment: Holiday marketing boost — a New York Times piece highlights that a new Home Depot ad promoting live-cut Christmas trees is resonating with tree farmers and could support seasonal foot traffic and sales. Real or Fake? There’s a War Over Christmas … Trees.
• Positive Sentiment: Long-term performance narrative remains strong — pieces summarizing 15-year returns remind investors of HD’s long-term compounding, supporting buy-and-hold conviction. Here’s How Much You Would Have Made Owning Home Depot Stock In The Last 15 Years
• Neutral Sentiment: Supply-chain commentary is mixed — a report notes Home Depot has “significantly increased the speed of our delivery,” yet the headline notes the stock sank despite those improvements, suggesting the market may have already priced in operational progress. “…Significantly Increased the Speed of Our Delivery”: Home Depot Stock (NYSE:HD) Sinks Despite Supply Chain Improvements
• Neutral Sentiment: Analyst/strategy checkups and competitor comparisons — several articles review post-earnings momentum, valuation after a pullback, and HD vs. Lowe’s; useful for longer-horizon allocation decisions but less likely to drive abrupt moves today. Home Depot (HD) Up 6.7% Since Last Earnings Report: Can It Continue?
• Negative Sentiment: Insider selling flagged — recent insider sales are being reported and have pressured sentiment; investors watch insider activity as a governance/near-term signal. Home Depot (NYSE:HD) Shares Down 1.2% Following Insider Selling
• Negative Sentiment: Reputational risk from parking-lot tactics — reports that Home Depot deployed noise machines to deter day laborers have drawn criticism and could create reputational/regulatory scrutiny, a near-term negative for sentiment. “Caused Headaches and Nausea”: Home Depot Turns to Noise Machines to Run Off Day Laborers, Home Depot Stock (NYSE:HD) Notches Up

Home Depot Trading Down 2.7%

HD opened at $345.45 on Friday. The firm’s 50 day moving average is $365.41 and its 200-day moving average is $378.71. The Home Depot, Inc. has a 52-week low of $326.31 and a 52-week high of $426.75. The company has a quick ratio of 0.29, a current ratio of 1.05 and a debt-to-equity ratio of 3.82. The firm has a market capitalization of $343.90 billion, a P/E ratio of 23.55, a P/E/G ratio of 13.22 and a beta of 1.06.

Home Depot (NYSE:HD) last released its quarterly earnings results on Tuesday, November 18th. The home improvement retailer reported $3.74 earnings per share for the quarter, missing analysts’ consensus estimates of $3.83 by ($0.09). Home Depot had a net margin of 8.77% and a return on equity of 160.74%. The firm had revenue of $41.35 billion for the quarter, compared to analyst estimates of $41.06 billion. During the same period in the previous year, the business posted $3.78 earnings per share. Home Depot’s revenue for the quarter was up 2.8% on a year-over-year basis. Home Depot has set its FY 2025 guidance at 14.478-14.478 EPS. Analysts expect that The Home Depot, Inc. will post 15.13 EPS for the current fiscal year.

Home Depot Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 18th. Investors of record on Thursday, December 4th were paid a $2.30 dividend. The ex-dividend date was Thursday, December 4th. This represents a $9.20 annualized dividend and a dividend yield of 2.7%. Home Depot’s payout ratio is 62.71%.

Insider Transactions at Home Depot

In other Home Depot news, EVP Angie Brown sold 1,946 shares of the firm’s stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $357.63, for a total transaction of $695,947.98. Following the completion of the sale, the executive vice president owned 3,941 shares in the company, valued at $1,409,419.83. This trade represents a 33.06% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Ann Marie Campbell sold 145 shares of the company’s stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $358.26, for a total value of $51,947.70. Following the completion of the transaction, the executive vice president directly owned 12,320 shares in the company, valued at approximately $4,413,763.20. The trade was a 1.16% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.10% of the company’s stock.

Home Depot Profile

The Home Depot, Inc (NYSE: HD) is a leading home improvement retailer that operates large-format stores and an integrated online platform offering a broad range of products and services for do-it-yourself consumers, professional contractors and businesses. The company was founded in 1978 by Bernard Marcus and Arthur Blank and is headquartered in Atlanta, Georgia. Since opening its first stores at the end of the 1970s, Home Depot has grown into a multinational retailer known for its orange-branded stores and wide assortment of home improvement merchandise.

Home Depot’s core business includes the sale of building materials, lumber, tools, hardware, appliances, paint, plumbing and electrical supplies, lawn and garden products, and home décor.