The Home Depot, Inc. $HD Stock Holdings Decreased by Hemenway Trust Co LLC

Hemenway Trust Co LLC cut its holdings in shares of The Home Depot, Inc. (NYSE:HD) by 2.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 104,534 shares of the home improvement retailer’s stock after selling 2,501 shares during the quarter. Home Depot makes up about 3.2% of Hemenway Trust Co LLC’s investment portfolio, making the stock its 10th biggest position. Hemenway Trust Co LLC’s holdings in Home Depot were worth $42,356,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in HD. VeraBank N.A. increased its stake in Home Depot by 10.8% in the 3rd quarter. VeraBank N.A. now owns 2,068 shares of the home improvement retailer’s stock worth $838,000 after acquiring an additional 202 shares during the last quarter. Mcrae Capital Management Inc. grew its stake in shares of Home Depot by 8.6% during the third quarter. Mcrae Capital Management Inc. now owns 1,886 shares of the home improvement retailer’s stock valued at $764,000 after buying an additional 150 shares during the last quarter. Burling Wealth Partners LLC raised its holdings in shares of Home Depot by 8.4% in the third quarter. Burling Wealth Partners LLC now owns 12,354 shares of the home improvement retailer’s stock worth $5,006,000 after buying an additional 957 shares during the period. King Luther Capital Management Corp raised its holdings in shares of Home Depot by 0.5% in the third quarter. King Luther Capital Management Corp now owns 1,233,298 shares of the home improvement retailer’s stock worth $499,720,000 after buying an additional 5,555 shares during the period. Finally, Collaborative Wealth Managment Inc. lifted its stake in shares of Home Depot by 9.6% during the 3rd quarter. Collaborative Wealth Managment Inc. now owns 2,858 shares of the home improvement retailer’s stock worth $1,158,000 after acquiring an additional 251 shares during the last quarter. Institutional investors own 70.86% of the company’s stock.

Insider Transactions at Home Depot

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

Home Depot Stock Up 0.1%

Shares of HD opened at $383.38 on Thursday. The Home Depot, Inc. has a 1 year low of $326.31 and a 1 year high of $426.75. The stock has a market capitalization of $381.66 billion, a PE ratio of 26.13, a P/E/G ratio of 13.69 and a beta of 1.08. The company has a debt-to-equity ratio of 3.82, a quick ratio of 0.29 and a current ratio of 1.05. The company’s 50-day simple moving average is $368.38 and its 200-day simple moving average is $380.30.

Home Depot (NYSE:HD) last posted its earnings results on Tuesday, November 18th. The home improvement retailer reported $3.74 earnings per share for the quarter, missing the consensus estimate of $3.83 by ($0.09). The business had revenue of $41.35 billion for the quarter, compared to analysts’ expectations of $41.06 billion. Home Depot had a return on equity of 160.74% and a net margin of 8.77%.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 earned $3.78 EPS. Analysts forecast that The Home Depot, Inc. will post 15.13 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

HD has been the topic of a number of recent analyst reports. DA Davidson reduced their target price on Home Depot from $430.00 to $407.00 and set a “buy” rating on the stock in a research note on Wednesday, December 10th. Guggenheim lowered their price objective on shares of Home Depot from $450.00 to $400.00 and set a “buy” rating for the company in a research note on Thursday, November 20th. Daiwa Securities Group increased their price objective on shares of Home Depot from $348.00 to $360.00 and gave the company a “neutral” rating in a research note on Tuesday, December 16th. Jefferies Financial Group reissued a “buy” rating and set a $424.00 target price on shares of Home Depot in a research report on Wednesday, December 10th. Finally, Wells Fargo & Company decreased their target price on shares of Home Depot from $400.00 to $395.00 and set an “overweight” rating for the company in a research report on Wednesday, December 10th. Twenty-one research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $408.37.

Key Home Depot News

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

• Positive Sentiment: Telsey Advisory Group reaffirmed an “outperform” rating and kept a $410 price target, supporting upside expectations for HD. Article Title
• Positive Sentiment: Robert W. Baird raised its price target to $430 and maintained an “outperform” call, adding further analyst support that could prop the shares. Article Title
• Positive Sentiment: Aggregated brokerage coverage shows a consensus “Moderate Buy” rating on HD, which supports the near-term bid under the stock. Article Title
• Positive Sentiment: Analysts and commentary highlight Home Depot’s disciplined capital allocation (steady dividends, selective investments), a structural positive for long-term shareholder value and buyback/dividend backing. Article Title
• Neutral Sentiment: Pre-earnings coverage is mixed: some Zacks pieces argue HD is positioned to beat Q4 estimates on GMS and Pro demand, while others flag expected y/y sales and EPS declines — meaning the upcoming report is likely the key near-term catalyst. Article Title Article Title
• Neutral Sentiment: Jim Cramer commentary and media pieces are generating attention and may support sentiment short-term, but these are background narrative items rather than fundamentals. Article Title
• Negative Sentiment: Home Depot has tightened bonus eligibility amid a cooling housing market and recent firings — a sign management is leaning on cost controls and stricter performance metrics, which may signal near-term top-line or margin pressure and could hurt morale/retention. Article Title Article Title
• Negative Sentiment: Operational headwinds: reports of product theft leading to “tools in cages” and ICE-related store disruptions could weigh on customer experience and same-store sales in affected markets. Article Title
• Negative Sentiment: Recent intraday/short-term price dips and commentary about premium valuation compress upside if Q4 results or guidance disappoint. Article Title

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.