2,051 The Home Depot, Inc. $HD Shares Sold by Trillium Asset Management LLC

Trillium Asset Management LLC lessened its stake in The Home Depot, Inc. (NYSE:HD) by 2.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 75,563 shares of the home improvement retailer’s stock after selling 2,051 shares during the period. Trillium Asset Management LLC’s holdings in Home Depot were worth $21,498,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Seaside Wealth Management Inc. increased its holdings in shares of Home Depot by 22.5% during the 3rd quarter. Seaside Wealth Management Inc. now owns 718 shares of the home improvement retailer’s stock valued at $204,000 after purchasing an additional 132 shares in the last quarter. Croban lifted its stake in shares of Home Depot by 3.7% in the 3rd quarter. Croban now owns 2,383 shares of the home improvement retailer’s stock valued at $678,000 after purchasing an additional 84 shares during the period. Phoenix Financial Ltd. lifted its stake in shares of Home Depot by 26.8% in the 3rd quarter. Phoenix Financial Ltd. now owns 21,938 shares of the home improvement retailer’s stock valued at $6,243,000 after purchasing an additional 4,636 shares during the period. Danske Bank A S lifted its stake in shares of Home Depot by 5.0% in the 3rd quarter. Danske Bank A S now owns 533,831 shares of the home improvement retailer’s stock valued at $151,870,000 after purchasing an additional 25,640 shares during the period. Finally, MSH Capital Advisors LLC boosted its holdings in Home Depot by 9.0% during the third quarter. MSH Capital Advisors LLC now owns 3,921 shares of the home improvement retailer’s stock worth $1,115,000 after buying an additional 324 shares in the last quarter. Institutional investors and hedge funds own 70.86% of the company’s stock.

Top Home Depot Stories

Investors following HD have been watching these stories:

• Positive Sentiment: Articles point to growth in Home Depot’s Pro business and digital sales, along with ongoing investments, as potential drivers of sales and earnings. Some analysts also see potential for an earnings beat. Home Depot Stock Rallies 20% in a Month: Is It Still a Buy?
• Neutral Sentiment: Home Depot is scheduled to report Q3 results next week. Analysts expect sales and profit growth, making the results and outlook important catalysts; the report has not yet been released. Home Depot Pre-Q3 Earnings: Should You Buy or Stay Cautious?
• Negative Sentiment: Housing-market weakness could restrain home-improvement demand, while cost and margin pressures may weigh on results. Commentary also cautions that HD’s valuation looks demanding after its recent rally, potentially limiting further upside if results disappoint. Buy Home Depot or Lowe’s Stock Ahead of Much-Anticipated Q3 Results?

Insider Transactions at Home Depot

In other Home Depot news, CAO Kimberly Scardino sold 675 shares of the business’s stock in a transaction that occurred on Thursday, September 10th. The stock was sold at an average price of $305.95, for a total transaction of $206,516.25. Following the completion of the sale, the chief accounting officer directly owned 8,189 shares in the company, valued at approximately $2,505,424.55. The trade was a 7.62% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Michael Rowe sold 710 shares of the stock in a transaction that occurred on Wednesday, August 26th. The shares were sold at an average price of $336.76, for a total value of $239,099.60. Following the transaction, the executive vice president directly owned 6,838 shares of the company’s stock, valued at $2,302,764.88. The trade was a 9.41% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 9,829 shares of company stock valued at $3,339,314 in the last 90 days. Corporate insiders own 0.08% of the company’s stock.

Home Depot Price Performance

Shares of NYSE HD traded up $0.56 during trading on Friday, hitting $348.81. The company had a trading volume of 4,471,422 shares, compared to its average volume of 4,540,256. The firm has a market capitalization of $348.01 billion, a price-to-earnings ratio of 24.41, a price-to-earnings-growth ratio of 2.58 and a beta of 0.93. The stock has a fifty day simple moving average of $312.19 and a two-hundred day simple moving average of $333.26. The company has a quick ratio of 0.31, a current ratio of 1.08 and a debt-to-equity ratio of 2.64. The Home Depot, Inc. has a fifty-two week low of $277.15 and a fifty-two week high of $397.63.

Home Depot (NYSE:HD) last released its quarterly earnings results on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share for the quarter, topping 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 company’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $4.68 EPS. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. On average, research analysts expect 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. Shareholders of record on Thursday, September 3rd were paid a dividend of $2.33 per share. This represents a $9.32 annualized dividend and a yield of 2.7%. The ex-dividend date was Thursday, September 3rd. Home Depot’s payout ratio is 65.22%.

Analyst Ratings Changes

Several research firms recently commented on HD. Argus restated a “buy” rating and set a $400.00 price target on shares of Home Depot in a research report on Wednesday, August 19th. JPMorgan Chase & Co. lifted their price objective on shares of Home Depot from $396.00 to $400.00 and gave the company an “overweight” rating in a report on Monday, November 9th. Wells Fargo & Company upped their price objective on shares of Home Depot from $360.00 to $400.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 11th. DA Davidson reissued a “buy” rating and set a $377.00 target price on shares of Home Depot in a research note on Wednesday, August 19th. Finally, Jefferies Financial Group restated a “buy” rating and set a $398.00 target price on shares of Home Depot in a research report on Tuesday, August 18th. 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 issued a Sell rating to the company’s stock. Based on data from MarketBeat, Home Depot has an average rating of “Moderate Buy” and a consensus price target of $375.90.

Home Depot Company Profile

The Home Depot, Inc. is a home improvement retailer serving do-it-yourself customers, professional contractors and other businesses. The company sells building materials, tools, hardware, appliances, paint, flooring, and products for home maintenance, repair and renovation, as well as lawn and garden supplies. In addition to its retail stores and online channels, Home Depot offers services such as product delivery, equipment rental and home improvement installation. The company was founded in 1978 and is headquartered in Atlanta, Georgia.