Exchange Traded Concepts LLC Buys 15,588 Shares of The Home Depot, Inc. $HD

Exchange Traded Concepts LLC raised its stake in shares of The Home Depot, Inc. (NYSE:HD) by 454.1% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 19,021 shares of the home improvement retailer’s stock after buying an additional 15,588 shares during the quarter. Exchange Traded Concepts LLC’s holdings in Home Depot were worth $7,707,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of HD. Brighton Jones LLC increased its holdings in Home Depot by 36.5% during the 4th quarter. Brighton Jones LLC now owns 26,918 shares of the home improvement retailer’s stock worth $10,471,000 after acquiring an additional 7,203 shares during the period. T. Rowe Price Investment Management Inc. purchased a new position in shares of Home Depot during the 1st quarter valued at $480,000. PKS Advisory Services LLC increased its holdings in shares of Home Depot by 6.1% in the first quarter. PKS Advisory Services LLC now owns 2,413 shares of the home improvement retailer’s stock worth $884,000 after purchasing an additional 139 shares during the period. Avalon Global Asset Management LLC boosted its stake in Home Depot by 1.4% during the first quarter. Avalon Global Asset Management LLC now owns 43,200 shares of the home improvement retailer’s stock valued at $15,832,000 after buying an additional 600 shares during the period. Finally, FORA Capital LLC purchased a new position in Home Depot during the first quarter worth about $2,978,000. 70.86% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Home Depot news, EVP Ann Marie Campbell sold 145 shares of the company’s stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $358.26, for a total value of $51,947.70. Following the completion of the transaction, the executive vice president directly owned 12,320 shares in the company, valued at approximately $4,413,763.20. This represents a 1.16% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Angie Brown sold 1,946 shares of the firm’s stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $357.63, for a total transaction of $695,947.98. Following the completion of the sale, the executive vice president directly owned 3,941 shares of the company’s stock, valued at approximately $1,409,419.83. This represents a 33.06% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.10% of the stock is currently owned by insiders.

More Home Depot News

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

• Positive Sentiment: Wolfe Research raised its price target on HD to $415 and kept an “outperform” rating, implying meaningful upside vs. the current price — a direct analyst vote of confidence that can support the stock. Wolfe adjusts price target
• Positive Sentiment: Analysts note Home Depot’s Pro (contractor/commercial) business is performing better than DIY, which can stabilize revenue even if consumer renovation spending softens — a structural positive for margins and predictability. Is Home Depot’s Pro momentum enough
• Neutral Sentiment: Coverage compares HD vs. Lowe’s on AI strategy — Lowe’s is investing in AI as core infrastructure while Home Depot focuses on embedding intelligence into execution, logistics and Pro services. This is strategic positioning rather than an immediate earnings driver. LOW vs HD: AI bet
• Neutral Sentiment: Analyst/video commentary argues Home Depot could lay a 2026 rebound foundation if Fed rate cuts progress, but timing and consumer response remain uncertain — a macro-linked view that supports upside only if rates and housing trends improve. Building 2026 Foundation on Interest Rate Outlook
• Negative Sentiment: Unusually large put-option buying: investors purchased about 46,941 puts (≈47% above average), signaling elevated downside hedging or bearish bets that can increase near-term volatility and pressure the stock.
• Negative Sentiment: Sector/stock skepticism: recent pieces argue the home-improvement sector struggled in 2025 (rates, housing weakness) and one outlet concluded only one of HD or LOW is a buy for 2026 — commentary that can weigh on investor confidence and relative valuation. Only 1 of these is a buy for 2026
• Negative Sentiment: Analysts and commentators note HD underperformed in 2025 and that “timing is the challenge” for a rebound — a reminder that execution and macro timing risk remain key near-term catalysts. Timing is the challenge

Home Depot Stock Down 0.4%

NYSE HD opened at $345.07 on Wednesday. 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 $343.52 billion, a PE ratio of 23.52, a PEG ratio of 12.90 and a beta of 1.06. The company has a debt-to-equity ratio of 3.82, a current ratio of 1.05 and a quick ratio of 0.29. The business’s 50-day moving average is $363.90 and its 200 day moving average is $378.48.

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

Home Depot Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, December 18th. Investors of record on Thursday, December 4th were issued a $2.30 dividend. The ex-dividend date was Thursday, December 4th. This represents a $9.20 annualized dividend and a yield of 2.7%. Home Depot’s payout ratio is 62.71%.

Analyst Ratings Changes

HD has been the topic of several recent analyst reports. Piper Sandler lowered their price target on Home Depot from $450.00 to $441.00 and set an “overweight” rating on the stock in a report on Wednesday, December 10th. Royal Bank Of Canada lowered their target price on shares of Home Depot from $376.00 to $366.00 and set a “sector perform” rating on the stock in a research note on Wednesday, December 10th. DZ Bank reiterated a “sell” rating on shares of Home Depot in a research report on Tuesday, November 18th. Truist Financial set a $390.00 price target on shares of Home Depot in a report on Wednesday, December 17th. Finally, Gordon Haskett dropped their price objective on shares of Home Depot from $345.00 to $330.00 and set a “hold” rating for the company in a report on Wednesday, November 19th. Twenty-one equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, Home Depot has an average rating of “Moderate Buy” and a consensus price target of $402.10.

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.