The Home Depot, Inc. $HD Shares Bought by Cora Capital Advisors LLC

Cora Capital Advisors LLC grew its stake in The Home Depot, Inc. (NYSE:HD) by 107.1% in the third quarter, Holdings Channel reports. The fund owned 2,825 shares of the home improvement retailer’s stock after purchasing an additional 1,461 shares during the period. Cora Capital Advisors LLC’s holdings in Home Depot were worth $1,145,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Sagard Holdings Management Inc. acquired a new position in Home Depot in the second quarter valued at approximately $29,000. Financially Speaking Inc acquired a new stake in shares of Home Depot during the third quarter worth about $31,000. LFA Lugano Financial Advisors SA purchased a new position in Home Depot in the 2nd quarter valued at approximately $32,000. Legacy Investment Solutions LLC acquired a new position in Home Depot during the 2nd quarter worth $35,000. Finally, Dougherty Wealth Advisers LLC acquired a new position in shares of Home Depot during the third quarter worth about $38,000. Institutional investors and hedge funds own 70.86% of the company’s stock.

Home Depot Price Performance

Shares of NYSE:HD opened at $382.83 on Wednesday. The Home Depot, Inc. has a 52 week low of $326.31 and a 52 week high of $426.75. The business has a fifty day simple moving average of $367.74 and a 200-day simple moving average of $380.28. 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 company has a market cap of $381.11 billion, a P/E ratio of 26.10, a P/E/G ratio of 13.97 and a beta of 1.08.

Home Depot (NYSE:HD) last released its earnings results on Tuesday, November 18th. The home improvement retailer reported $3.74 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.83 by ($0.09). The company had revenue of $41.35 billion during the quarter, compared to analysts’ expectations of $41.06 billion. Home Depot had a net margin of 8.77% and a return on equity of 160.74%. Home Depot’s revenue for the quarter was up 2.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.78 earnings per share. Equities research analysts forecast that The Home Depot, Inc. will post 15.13 EPS for the current year.

Home Depot Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 18th. Stockholders of record on Thursday, December 4th were issued a $2.30 dividend. This represents a $9.20 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date was Thursday, December 4th. Home Depot’s dividend payout ratio (DPR) is 62.71%.

Insider Activity at Home Depot

In other Home Depot news, EVP Teresa Wynn Roseborough sold 2,872 shares of Home Depot stock in a transaction that occurred 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 transaction, 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Ann Marie Campbell sold 145 shares of Home Depot stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $358.26, for a total transaction of $51,947.70. Following the transaction, the executive vice president owned 12,320 shares in the company, valued at $4,413,763.20. The trade was a 1.16% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 4,963 shares of company stock worth $1,748,845. Company insiders own 0.10% of the company’s stock.

Key Home Depot News

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

• Positive Sentiment: Multiple broker upgrades and higher price targets signal analyst confidence — Robert W. Baird raised its price target to $430 and kept an “outperform” rating, and Truist lifted its target to $405 while reiterating a Buy. These lifts provide explicit upside guidance from dealers. Read More. Read More.
• Positive Sentiment: Brokerages’ consensus is “Moderate Buy,” reinforcing institutional tilt toward the name and providing a supportive backdrop for longer-term holders. Read More.
• Positive Sentiment: Analysts expect Home Depot to likely beat upcoming Q4 earnings — upbeat near-term earnings expectations can limit downside if results meet or beat forecasts. Read More.
• Positive Sentiment: Company capital discipline (balanced investments, steady dividends, strong cash flow) is highlighted as a long-term value driver, supporting shareholder returns despite cyclical pressures. Read More.
• Neutral Sentiment: Home Depot has climbed ~17% over three months, but some analysts warn the stock trades at a premium and faces estimate cuts and housing-related headwinds — a mixed signal that supports caution after strong recent gains. Read More.
• Negative Sentiment: Operational and reputational issues—reports about ICE raids and increased theft (e.g., power tools being locked up)—are cited as concerning to customers and may hurt traffic/transaction trends and investor sentiment. This has contributed to short-term share weakness. Read More.
• Negative Sentiment: Short-term price pressure: coverage noting the stock declined while the broader market improved underscores profit-taking and sentiment-driven selling today. Read More.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. Truist Financial set a $405.00 price target on Home Depot in a research note on Friday, January 16th. Piper Sandler decreased their target price on shares of Home Depot from $450.00 to $441.00 and set an “overweight” rating for the company in a research note on Wednesday, December 10th. Sanford C. Bernstein reiterated a “market perform” rating on shares of Home Depot in a research report on Wednesday. DZ Bank reaffirmed a “sell” rating on shares of Home Depot in a report on Tuesday, November 18th. Finally, KGI Securities cut shares of Home Depot from an “outperform” rating to a “hold” rating and set a $320.00 price target on the stock. in a research note on Wednesday, November 19th. Twenty-one investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $407.73.

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.