The Home Depot, Inc. $HD Shares Sold by Abner Herrman & Brock LLC

Abner Herrman & Brock LLC decreased its stake in shares of The Home Depot, Inc. (NYSE:HD) by 37.7% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 37,126 shares of the home improvement retailer’s stock after selling 22,512 shares during the quarter. Home Depot accounts for 1.5% of Abner Herrman & Brock LLC’s portfolio, making the stock its 28th largest position. Abner Herrman & Brock LLC’s holdings in Home Depot were worth $15,043,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the stock. Walker Asset Management LLC raised its holdings in shares of Home Depot by 1.0% in the 3rd quarter. Walker Asset Management LLC now owns 3,243 shares of the home improvement retailer’s stock worth $1,314,000 after purchasing an additional 31 shares during the period. Cohen Investment Advisors LLC increased its position in Home Depot by 3.7% during the 3rd quarter. Cohen Investment Advisors LLC now owns 10,722 shares of the home improvement retailer’s stock worth $4,344,000 after purchasing an additional 381 shares in the last quarter. Parkwoods Wealth Partners LLC purchased a new position in Home Depot in the third quarter valued at approximately $201,000. Spartan Planning & Wealth Management raised its holdings in Home Depot by 242.3% in the third quarter. Spartan Planning & Wealth Management now owns 2,680 shares of the home improvement retailer’s stock valued at $1,086,000 after buying an additional 1,897 shares during the period. Finally, PFW Advisors LLC lifted its position in Home Depot by 4.1% during the third quarter. PFW Advisors LLC now owns 6,964 shares of the home improvement retailer’s stock valued at $2,822,000 after buying an additional 273 shares in the last quarter. 70.86% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

HD has been the subject of several recent research reports. HSBC dropped their price objective on shares of Home Depot from $445.00 to $400.00 and set a “hold” rating for the company in a research report on Wednesday, November 19th. Evercore ISI cut their target price on Home Depot from $450.00 to $425.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 19th. Morgan Stanley reaffirmed an “outperform” rating on shares of Home Depot in a research report on Wednesday, December 10th. Oppenheimer reduced their price objective on Home Depot from $420.00 to $405.00 and set a “market perform” rating on the stock in a research note on Friday, December 5th. Finally, TD Cowen decreased their target price on Home Depot from $470.00 to $410.00 and set a “buy” rating for the company in a research note on Wednesday, November 19th. Twenty-one analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $402.10.

Home Depot Trading Down 0.4%

Shares of NYSE:HD opened at $345.07 on Wednesday. The firm has a market cap of $343.52 billion, a P/E ratio of 23.52, a P/E/G ratio of 12.90 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 twelve month low of $326.31 and a twelve month high of $426.75. The company has a 50 day moving average of $363.90 and a 200-day moving average of $378.48.

Home Depot (NYSE:HD) last issued 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 firm had revenue of $41.35 billion for the quarter, compared to analyst estimates of $41.06 billion. During the same quarter last year, the business posted $3.78 earnings per share. The firm’s revenue for the quarter 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. As a group, analysts anticipate that The Home Depot, Inc. will post 15.13 earnings per share for the current fiscal year.

Home Depot Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 18th. Shareholders of record on Thursday, December 4th were given 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%.

Home Depot News Roundup

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

Insider Transactions at Home Depot

In other Home Depot news, EVP Angie Brown sold 1,946 shares of the company’s stock in a transaction dated Friday, December 12th. The shares were 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 of the company’s stock, valued at approximately $1,409,419.83. This represents a 33.06% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Ann Marie Campbell sold 145 shares of the firm’s stock in a transaction dated 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 of the company’s stock, valued at approximately $4,413,763.20. This trade represents a 1.16% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.10% of the stock is currently owned by corporate insiders.

About Home Depot

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.