The Home Depot, Inc. $HD Shares Sold by Nordea Investment Management AB

Nordea Investment Management AB reduced its stake in shares of The Home Depot, Inc. (NYSE:HD) by 61.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 367,877 shares of the home improvement retailer’s stock after selling 580,916 shares during the quarter. Nordea Investment Management AB’s holdings in Home Depot were worth $148,611,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. Legend Financial Advisors Inc. acquired a new stake in shares of Home Depot in the 2nd quarter worth approximately $28,000. Sagard Holdings Management Inc. acquired a new position in shares of Home Depot during the second quarter valued at approximately $29,000. LFA Lugano Financial Advisors SA bought a new stake in Home Depot during the second quarter worth approximately $32,000. Dougherty Wealth Advisers LLC acquired a new stake in Home Depot in the third quarter worth approximately $38,000. Finally, Marquette Asset Management LLC acquired a new stake in Home Depot in the third quarter worth approximately $38,000. Institutional investors and hedge funds own 70.86% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently issued reports on HD. JPMorgan Chase & Co. lowered their price target on Home Depot from $444.00 to $423.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 19th. HSBC lowered their target price on Home Depot from $445.00 to $400.00 and set a “hold” rating on the stock in a report on Wednesday, November 19th. Truist Financial set a $390.00 price target on shares of Home Depot in a research report on Wednesday, December 17th. Weiss Ratings restated a “hold (c+)” rating on shares of Home Depot in a research report on Monday, December 29th. Finally, TD Cowen lowered their price objective on shares of Home Depot from $470.00 to $410.00 and set a “buy” rating on the stock in a research note on Wednesday, November 19th. Twenty-one analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, Home Depot presently has an average rating of “Moderate Buy” and an average price target of $402.10.

Insiders Place Their Bets

In other Home Depot news, EVP Teresa Wynn Roseborough sold 2,872 shares of the business’s stock in a transaction on Friday, December 26th. The shares were sold at an average price of $348.52, for a total transaction of $1,000,949.44. Following the sale, the executive vice president directly owned 13,196 shares of the company’s stock, valued at $4,599,069.92. The trade was a 17.87% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Angie Brown sold 1,946 shares of the stock in a transaction on Friday, December 12th. The shares were sold at an average price of $357.63, for a total value of $695,947.98. Following the completion of the sale, the executive vice president owned 3,941 shares of the company’s stock, valued at $1,409,419.83. The trade was a 33.06% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 4,963 shares of company stock worth $1,748,845. Corporate insiders own 0.10% of the company’s stock.

Home Depot Trading Up 1.3%

Shares of HD opened at $379.73 on Wednesday. The business’s 50-day moving average price is $354.42 and its 200 day moving average price is $378.02. The company has a current ratio of 1.05, a quick ratio of 0.29 and a debt-to-equity ratio of 3.82. The stock has a market capitalization of $378.02 billion, a P/E ratio of 25.88, a P/E/G ratio of 13.97 and a beta of 1.08. The Home Depot, Inc. has a 1-year low of $326.31 and a 1-year high of $426.75.

Home Depot (NYSE:HD) last announced its earnings results on Tuesday, November 18th. The home improvement retailer reported $3.74 EPS for the quarter, missing the consensus estimate of $3.83 by ($0.09). The firm had revenue of $41.35 billion during the quarter, compared to analyst estimates of $41.06 billion. Home Depot had a return on equity of 160.74% and a net margin of 8.77%.The business’s quarterly revenue was up 2.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.78 earnings per share. 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 earnings per share for the current year.

Home Depot Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 18th. Shareholders of record on Thursday, December 4th were given a dividend of $2.30 per share. This represents a $9.20 annualized dividend and a yield of 2.4%. The ex-dividend date was Thursday, December 4th. Home Depot’s payout ratio is presently 62.71%.

Home Depot News Summary

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

• Positive Sentiment: Rilla AI partnership — The Home Depot will deploy Rilla’s real-time coaching tools to improve frontline selling and service, which could lift store productivity and customer conversion over time. The Home Depot to Advance Customer Experience Using Rilla’s AI-Powered Coaching
• Positive Sentiment: Google Cloud / agentic AI push — Home Depot is expanding its Google Cloud relationship to build personalized, AI-driven customer and pro experiences, a strategic move that can boost digital sales, pro retention, and long-term margins. Home Depot Goes All-In On Agentic AI With Google Cloud
• Positive Sentiment: Rotation to value supports HD — Market commentary highlights a shift from high-growth tech into stable, dividend-paying value names (including consumer staples/retailers like Home Depot), which can attract flows into HD as investors seek income and lower duration risk. Tech Wreck or Valuation Reset? Rotating to Value in 2026 (HD)
• Positive Sentiment: Housing / pro demand narrative — Coverage noting Home Depot’s positioning for a housing rebound and new housing plans suggests upside if rate cuts materialize and activity returns in remodeling and new-build supply chains. Home Depot Stock (NYSE:HD) Gains With New Housing Plans
• Positive Sentiment: High-profile endorsement — Jim Cramer highlighted Home Depot as meaningful exposure to housing in charitable-trust commentary, which can drive short-term interest from retail/ETF flows. Jim Cramer Highlights Home Depot as the Charitable Trust’s “Only Housing Exposure”
• Positive Sentiment: Dividend / defensive appeal — Coverage of “Dogs of the Dow” and dividend-focused lists reinforces Home Depot’s appeal to income-oriented investors during market rotation. The Dogs of the Dow: 10 Downtrodden Dividends Paying Out Up to 6.8%
• Neutral Sentiment: Today’s price action noted — Coverage (Zacks) simply reports HD is trading higher despite a softer market, useful context but not a standalone catalyst. Home Depot (HD) Increases Despite Market Slip: Here’s What You Need to Know
• Neutral Sentiment: Analyst debate on timing — Several outlets (Zacks, Yahoo, Fool) debate whether HD is already priced for the housing recovery; these are balance-of-opinion pieces that may temper enthusiasm for new buyers. Is Home Depot Stock Best Positioned If Rates Ease in 2026?
• Negative Sentiment: Valuation and timing concerns — Coverage asking “Is it too late?” emphasizes stretched valuation metrics and the risk that rate moves/housing activity lag expectations; that debate can cap upside and invite profit-taking. Is It Too Late To Consider Home Depot (HD) After Recent Valuation Signals

Home Depot Company 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.