The Home Depot, Inc. $HD Shares Sold by Invera Wealth Advisors LLC

Invera Wealth Advisors LLC cut its holdings in shares of The Home Depot, Inc. (NYSE:HD) by 48.3% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 2,728 shares of the home improvement retailer’s stock after selling 2,547 shares during the period. Invera Wealth Advisors LLC’s holdings in Home Depot were worth $776,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Winning Points Advisors LLC boosted its position in Home Depot by 1.0% during the second quarter. Winning Points Advisors LLC now owns 2,891 shares of the home improvement retailer’s stock worth $1,020,000 after purchasing an additional 30 shares in the last quarter. Argos Wealth Advisors LLC grew its holdings in Home Depot by 3.0% in the first quarter. Argos Wealth Advisors LLC now owns 1,070 shares of the home improvement retailer’s stock valued at $352,000 after purchasing an additional 31 shares during the period. Beaird Harris Wealth Management LLC grew its holdings in Home Depot by 1.6% in the second quarter. Beaird Harris Wealth Management LLC now owns 1,945 shares of the home improvement retailer’s stock valued at $686,000 after purchasing an additional 31 shares during the period. Poehling Capital Management INC. increased its position in shares of Home Depot by 3.1% in the second quarter. Poehling Capital Management INC. now owns 1,054 shares of the home improvement retailer’s stock valued at $372,000 after buying an additional 32 shares in the last quarter. Finally, Cornerstone Wealth Management LLC increased its position in shares of Home Depot by 0.3% in the second quarter. Cornerstone Wealth Management LLC now owns 11,140 shares of the home improvement retailer’s stock valued at $3,929,000 after buying an additional 32 shares in the last quarter. Hedge funds and other institutional investors own 70.86% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently weighed in on HD shares. UBS Group reaffirmed a “buy” rating on shares of Home Depot in a research note on Thursday, September 17th. Truist Financial increased their price objective on Home Depot from $369.00 to $373.00 and gave the company a “buy” rating in a research note on Wednesday, August 19th. Sanford C. Bernstein decreased their price objective on Home Depot from $354.00 to $344.00 and set a “market perform” rating on the stock in a report on Wednesday, September 9th. Argus restated a “buy” rating and set a $400.00 target price on shares of Home Depot in a report on Wednesday, August 19th. Finally, Wells Fargo & Company boosted their price target on shares of Home Depot from $360.00 to $400.00 and gave the company an “overweight” rating in a research report on Tuesday, August 11th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $375.31.

Insider Transactions at Home Depot

In other Home Depot news, EVP Teresa Roseborough sold 2,455 shares of the business’s stock in a transaction dated Friday, August 28th. The shares were sold at an average price of $328.77, for a total transaction of $807,130.35. Following the sale, the executive vice president directly 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 document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Kimberly Scardino sold 675 shares of the stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of $305.95, for a total transaction of $206,516.25. Following the sale, the chief accounting officer directly owned 8,189 shares in the company, valued at $2,505,424.55. This represents a 7.62% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 9,829 shares of company stock valued at $3,339,314. 0.08% of the stock is owned by insiders.

Home Depot Trading Up 0.1%

Shares of NYSE HD opened at $329.31 on Friday. The Home Depot, Inc. has a twelve month low of $277.15 and a twelve month high of $397.63. 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 stock has a fifty day simple moving average of $308.45 and a 200-day simple moving average of $334.91. The stock has a market capitalization of $328.55 billion, a PE ratio of 23.04, a PEG ratio of 2.34 and a beta of 1.00.

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

Home Depot Dividend Announcement

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

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

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.