Soltis Investment Advisors LLC Buys 1,851 Shares of The Home Depot, Inc. $HD

Soltis Investment Advisors LLC raised its stake in shares of The Home Depot, Inc. (NYSE:HD) by 31.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,670 shares of the home improvement retailer’s stock after purchasing an additional 1,851 shares during the period. Soltis Investment Advisors LLC’s holdings in Home Depot were worth $2,182,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of the stock. Founders Financial Securities LLC boosted its stake in shares of Home Depot by 1.3% during the third quarter. Founders Financial Securities LLC now owns 6,761 shares of the home improvement retailer’s stock valued at $1,924,000 after purchasing an additional 85 shares in the last quarter. Crew Capital Management Ltd increased its holdings in Home Depot by 16.5% during the third quarter. Crew Capital Management Ltd now owns 2,085 shares of the home improvement retailer’s stock valued at $593,000 after buying an additional 296 shares during the period. United Asset Strategies Inc. increased its holdings in Home Depot by 1.3% during the third quarter. United Asset Strategies Inc. now owns 32,406 shares of the home improvement retailer’s stock valued at $9,219,000 after buying an additional 418 shares during the period. Livelsberger Financial Advisory bought a new position in Home Depot in the third quarter worth approximately $32,000. Finally, Fonville Wealth Management LLC raised its stake in Home Depot by 80.0% in the third quarter. Fonville Wealth Management LLC now owns 1,136 shares of the home improvement retailer’s stock worth $323,000 after buying an additional 505 shares in the last quarter. 70.86% of the stock is owned by institutional investors.

More Home Depot News

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

• Positive Sentiment: Steady demand for smaller home-improvement projects and continued digital gains are helping sustain Home Depot’s sales growth despite pressure on larger renovations. This suggests consumers are still spending on maintenance and affordable upgrades. Are Smaller Home Projects Sustaining Home Depot’s Sales Growth?
• Positive Sentiment: One analysis identifies HD as a potential long-term stock, supporting the bullish case based on the company’s scale, established brand, cash generation, and ability to benefit when housing and renovation activity recover. Why Home Depot Is a Top Stock for the Long-Term
• Positive Sentiment: Coverage of dividend-focused blue-chip investments highlights Home Depot’s long history of returning cash to shareholders. Its dividend may appeal to investors seeking income while waiting for a broader housing and remodeling recovery. $300,000 in Home Depot, IBM and McDonald’s Could Pay Over $8,500 a Year
• Neutral Sentiment: A comparison with Somnigroup International asks whether SGI or HD offers better value. The article is primarily a relative-valuation discussion rather than a new company-specific catalyst, so its effect on HD is likely limited. SGI vs. HD: Which Stock Is the Better Value Option?
• Negative Sentiment: Another analysis argues that HD’s valuation may be demanding after its roughly 20% three-year gain, raising concern that the share price could already reflect much of the expected future cash flow. Home Depot Stock Looks Overvalued After Its Three-Year Run
• Negative Sentiment: Commentary on a delayed macroeconomic recovery presents HD as a potential dip-buying opportunity, but also signals that high interest rates, weaker housing activity, and postponed major renovations may continue to restrain near-term results. Home Depot: Delayed Macro Recovery Triggers Dip Buying Opportunity and Richer Yields

Wall Street Analyst Weigh In

Several brokerages have issued reports on HD. TD Cowen reaffirmed a “buy” rating on shares of Home Depot in a research report on Monday, August 10th. Royal Bank Of Canada reduced their price target on Home Depot from $343.00 to $342.00 and set a “sector perform” rating for the company in a research report on Wednesday, August 19th. Stifel Nicolaus decreased their price objective on Home Depot from $346.00 to $322.00 and set a “hold” rating for the company in a research note on Monday. KeyCorp reaffirmed a “sector weight” rating on shares of Home Depot in a research report on Wednesday, August 19th. Finally, Guggenheim reaffirmed a “buy” rating and set a $425.00 price objective on shares of Home Depot in a research report on Wednesday, August 19th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $375.31.

Home Depot Trading Up 0.1%

NYSE:HD opened at $329.31 on Friday. The Home Depot, Inc. has a 12 month low of $277.15 and a 12 month high of $397.63. The firm has a fifty day simple moving average of $308.45 and a 200-day simple moving average of $334.91. The company has a current ratio of 1.08, a quick ratio of 0.31 and a debt-to-equity ratio of 2.64. The company has a market capitalization of $328.55 billion, a P/E ratio of 23.04, a PEG ratio of 2.34 and a beta of 1.00.

Home Depot (NYSE:HD) last issued its earnings results on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.73 by $0.19. Home Depot had a return on equity of 106.42% and a net margin of 8.41%. The company had revenue of $47.86 billion during the quarter, compared to analyst estimates of $47.24 billion. During the same quarter last year, the business posted $4.68 EPS. The firm’s quarterly revenue was up 5.7% on a year-over-year basis. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. On average, equities research analysts anticipate that The Home Depot, Inc. will post 15.01 earnings per share for the current year.

Home Depot Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd were issued a $2.33 dividend. The ex-dividend date of this dividend was Thursday, September 3rd. This represents a $9.32 dividend on an annualized basis and a dividend yield of 2.8%. Home Depot’s dividend payout ratio is currently 65.22%.

Insider Transactions at Home Depot

In related news, EVP Teresa Roseborough sold 2,455 shares of the company’s stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $328.77, for a total value of $807,130.35. Following the sale, the executive vice president owned 14,061 shares in the company, valued at $4,622,834.97. This represents a 14.86% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Richard V. Mcphail sold 5,989 shares of the stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $348.40, for a total transaction of $2,086,567.60. Following the completion of the transaction, the chief financial officer owned 48,104 shares in the company, valued at approximately $16,759,433.60. This trade represents a 11.07% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 9,829 shares of company stock valued at $3,339,314. 0.08% of the stock is owned by company insiders.

About Home Depot

The Home Depot, Inc is a home improvement retailer serving do-it-yourself customers, professional contractors, and other building and maintenance professionals. The company sells a broad selection of building materials, hardware, tools, appliances, paint, plumbing and electrical supplies, flooring, lighting, lawn and garden products, and home décor.

In addition to merchandise, Home Depot offers services such as product delivery, tool and equipment rental, credit services, and installation for selected products.