Sarasin & Partners LLP Acquires 34,746 Shares of The Home Depot, Inc. $HD

Sarasin & Partners LLP increased its holdings in The Home Depot, Inc. (NYSE:HD) by 5.2% during the third quarter, Holdings Channel.com reports. The firm owned 705,430 shares of the home improvement retailer’s stock after acquiring an additional 34,746 shares during the quarter. Home Depot accounts for 2.8% of Sarasin & Partners LLP’s investment portfolio, making the stock its 12th largest holding. Sarasin & Partners LLP’s holdings in Home Depot were worth $286,969,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in HD. Foster Victor Wealth Advisors LLC grew its stake in shares of Home Depot by 5.5% during the third quarter. Foster Victor Wealth Advisors LLC now owns 44,340 shares of the home improvement retailer’s stock valued at $17,517,000 after buying an additional 2,324 shares during the last quarter. Sara Bay Financial lifted its stake in shares of Home Depot by 2.8% in the 3rd quarter. Sara Bay Financial now owns 3,680 shares of the home improvement retailer’s stock valued at $1,491,000 after acquiring an additional 100 shares during the last quarter. Corsicana & Co. purchased a new stake in Home Depot during the 3rd quarter valued at about $3,552,000. Flputnam Investment Management Co. grew its position in Home Depot by 26.9% during the 3rd quarter. Flputnam Investment Management Co. now owns 98,131 shares of the home improvement retailer’s stock worth $39,762,000 after acquiring an additional 20,813 shares during the last quarter. Finally, Lionshead Wealth Management LLC increased its stake in Home Depot by 8.5% in the 3rd quarter. Lionshead Wealth Management LLC now owns 2,558 shares of the home improvement retailer’s stock worth $1,036,000 after purchasing an additional 201 shares during the period. 70.86% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, EVP Ann Marie Campbell sold 145 shares of Home Depot stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $358.26, for a total transaction of $51,947.70. Following the sale, the executive vice president directly owned 12,320 shares in the company, valued at $4,413,763.20. The trade was a 1.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Angie Brown sold 1,946 shares of the company’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 completion of the sale, the executive vice president directly 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. The disclosure for this sale is available in the SEC filing. Company insiders own 0.10% of the company’s stock.

Home Depot Trading Down 2.7%

NYSE:HD opened at $345.45 on Monday. The company has a 50-day moving average price of $365.41 and a 200-day moving average price of $378.79. The stock has a market cap of $343.90 billion, a price-to-earnings ratio of 23.55, a P/E/G ratio of 12.85 and a beta of 1.06. The company has a current ratio of 1.05, a quick ratio of 0.29 and a debt-to-equity ratio of 3.82. The Home Depot, Inc. has a 12 month low of $326.31 and a 12 month high of $426.75.

Home Depot (NYSE:HD) last announced its quarterly earnings results on Tuesday, November 18th. The home improvement retailer reported $3.74 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.83 by ($0.09). Home Depot had a net margin of 8.77% and a return on equity of 160.74%. The company had revenue of $41.35 billion for the quarter, compared to analysts’ expectations of $41.06 billion. During the same quarter in the prior year, the firm earned $3.78 EPS. Home Depot’s quarterly revenue was up 2.8% compared to the same quarter last year. Home Depot has set its FY 2025 guidance at 14.478-14.478 EPS. Equities analysts predict that The Home Depot, Inc. will post 15.13 EPS for the current year.

Home Depot Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, December 18th. Stockholders of record on Thursday, December 4th were paid a $2.30 dividend. This represents a $9.20 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date was Thursday, December 4th. Home Depot’s dividend payout ratio (DPR) is presently 62.71%.

Home Depot News Roundup

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

• Positive Sentiment: Analyst upgrade lifted buying interest — a recent upgrade pushed shares higher earlier in the session, giving the stock short-term support as analysts reiterate confidence in HD’s fundamentals. Home Depot (NYSE:HD) Shares Up 1.1% on Analyst Upgrade
• Positive Sentiment: Daiwa raised its price target to $360 — a higher target provides an additional analyst-backed valuation floor that can stabilize sentiment after the recent pullback. Daiwa Capital Markets Boosts Home Depot (NYSE:HD) Price Target to $360.00
• Positive Sentiment: Holiday marketing boost — a New York Times piece highlights that a new Home Depot ad promoting live-cut Christmas trees is resonating with tree farmers and could support seasonal foot traffic and sales. Real or Fake? There’s a War Over Christmas … Trees.
• Positive Sentiment: Long-term performance narrative remains strong — pieces summarizing 15-year returns remind investors of HD’s long-term compounding, supporting buy-and-hold conviction. Here’s How Much You Would Have Made Owning Home Depot Stock In The Last 15 Years
• Neutral Sentiment: Supply-chain commentary is mixed — a report notes Home Depot has “significantly increased the speed of our delivery,” yet the headline notes the stock sank despite those improvements, suggesting the market may have already priced in operational progress. “…Significantly Increased the Speed of Our Delivery”: Home Depot Stock (NYSE:HD) Sinks Despite Supply Chain Improvements
• Neutral Sentiment: Analyst/strategy checkups and competitor comparisons — several articles review post-earnings momentum, valuation after a pullback, and HD vs. Lowe’s; useful for longer-horizon allocation decisions but less likely to drive abrupt moves today. Home Depot (HD) Up 6.7% Since Last Earnings Report: Can It Continue?
• Negative Sentiment: Insider selling flagged — recent insider sales are being reported and have pressured sentiment; investors watch insider activity as a governance/near-term signal. Home Depot (NYSE:HD) Shares Down 1.2% Following Insider Selling
• Negative Sentiment: Reputational risk from parking-lot tactics — reports that Home Depot deployed noise machines to deter day laborers have drawn criticism and could create reputational/regulatory scrutiny, a near-term negative for sentiment. “Caused Headaches and Nausea”: Home Depot Turns to Noise Machines to Run Off Day Laborers, Home Depot Stock (NYSE:HD) Notches Up

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on HD. Telsey Advisory Group dropped their price objective on Home Depot from $430.00 to $410.00 and set an “outperform” rating for the company in a research note on Wednesday, December 10th. TD Cowen dropped their price target on shares of Home Depot from $470.00 to $410.00 and set a “buy” rating for the company in a research report on Wednesday, November 19th. Robert W. Baird cut their price target on shares of Home Depot from $450.00 to $415.00 and set an “outperform” rating on the stock in a report on Wednesday, November 19th. BNP Paribas Exane upped their price objective on shares of Home Depot from $353.00 to $355.00 and gave the company a “neutral” rating in a research note on Friday, December 5th. Finally, DA Davidson dropped their target price on shares of Home Depot from $430.00 to $407.00 and set a “buy” rating for the company in a report on Wednesday, December 10th. Twenty-one research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Home Depot has an average rating of “Moderate Buy” and a consensus price target of $402.07.

Home Depot Company 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.