The Home Depot, Inc. $HD Stock Acquired by Partners Wealth Management LLC

Partners Wealth Management LLC increased its stake in The Home Depot, Inc. (NYSE:HD) by 266.2% in the third quarter, HoldingsChannel.com reports. The firm owned 2,981 shares of the home improvement retailer’s stock after acquiring an additional 2,167 shares during the quarter. Partners Wealth Management LLC’s holdings in Home Depot were worth $848,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Soltis Investment Advisors LLC lifted its stake in shares of Home Depot by 31.8% in the third quarter. Soltis Investment Advisors LLC now owns 7,670 shares of the home improvement retailer’s stock valued at $2,182,000 after purchasing an additional 1,851 shares during the period. Founders Financial Securities LLC boosted its holdings in 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 worth $1,924,000 after buying an additional 85 shares in the last quarter. Crew Capital Management Ltd grew its position 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 worth $593,000 after buying an additional 296 shares during the period. United Asset Strategies Inc. grew its position 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 worth $9,219,000 after buying an additional 418 shares during the period. Finally, Livelsberger Financial Advisory acquired a new position in Home Depot during the third quarter worth about $32,000. Hedge funds and other institutional investors own 70.86% of the company’s stock.

Home Depot Price Performance

Shares of NYSE HD opened at $329.31 on Friday. The stock has a market cap of $328.55 billion, a price-to-earnings ratio of 23.04, a PEG ratio of 2.34 and a beta of 1.00. The Home Depot, Inc. has a 52 week low of $277.15 and a 52 week high of $397.63. The company’s 50-day moving average price is $308.45 and its 200 day moving average price is $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.

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

Home Depot Dividend Announcement

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

Insider Buying and Selling at Home Depot

In other news, EVP Teresa Roseborough sold 2,455 shares of the firm’s stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $328.77, for a total transaction of $807,130.35. Following the completion of the transaction, the executive vice president directly owned 14,061 shares of the company’s stock, valued at $4,622,834.97. This trade represents a 14.86% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Michael Rowe sold 710 shares of Home Depot stock in a transaction that occurred on Wednesday, August 26th. The stock was sold at an average price of $336.76, for a total value of $239,099.60. Following the transaction, the executive vice president owned 6,838 shares of the company’s stock, valued at $2,302,764.88. This represents a 9.41% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 9,829 shares of company stock valued at $3,339,314. Company insiders own 0.08% of the company’s stock.

Key Headlines Impacting Home Depot

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 Analysts Forecast Growth

HD has been the subject of a number of research analyst reports. Sanford C. Bernstein dropped their target price on shares of Home Depot from $354.00 to $344.00 and set a “market perform” rating for the company in a report on Wednesday, September 9th. KeyCorp reissued a “sector weight” rating on shares of Home Depot in a research note on Wednesday, August 19th. TD Cowen restated a “buy” rating on shares of Home Depot in a report on Monday, August 10th. Melius Research set a $397.00 price objective on Home Depot in a research note on Tuesday, October 6th. Finally, Royal Bank Of Canada dropped their price objective on Home Depot from $343.00 to $342.00 and set a “sector perform” rating for the company in a research note on Wednesday, August 19th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $375.31.

Home Depot Profile

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.