Cerity Partners LLC Increases Stake in The Home Depot, Inc. $HD

Cerity Partners LLC increased its position in shares of The Home Depot, Inc. (NYSE:HD) by 0.9% during the third quarter, Holdings Channel reports. The institutional investor owned 762,518 shares of the home improvement retailer’s stock after buying an additional 6,968 shares during the quarter. Cerity Partners LLC’s holdings in Home Depot were worth $308,948,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in HD. Legend Financial Advisors Inc. purchased a new stake in shares of Home Depot in the 2nd quarter valued at approximately $28,000. Sagard Holdings Management Inc. acquired a new position in shares of Home Depot during the second quarter worth $29,000. LFA Lugano Financial Advisors SA purchased a new position in Home Depot in the second quarter valued at $32,000. Legacy Investment Solutions LLC acquired a new stake in Home Depot in the second quarter valued at $35,000. Finally, Dougherty Wealth Advisers LLC purchased a new stake in Home Depot during the 3rd quarter worth about $38,000. Institutional investors and hedge funds own 70.86% of the company’s stock.

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 on Friday, December 12th. The shares were sold at an average price of $357.63, for a total transaction of $695,947.98. Following the completion of the transaction, the executive vice president owned 3,941 shares in the company, valued at approximately $1,409,419.83. This represents a 33.06% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, 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 transaction 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 $4,599,069.92. This trade represents a 17.87% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 4,963 shares of company stock worth $1,748,845 over the last 90 days. 0.10% of the stock is currently owned by insiders.

Home Depot News Summary

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

• Positive Sentiment: Investor rotation into cash‑rich retailers and a stronger-than-expected renovation trend could boost Home Depot’s sales and investor appetite for defensive retail names; this theme is being cited as a supportive factor. Investor Shift To Cash-Rich Retailers And Renovation Trend Could Be A Game Changer For Home Depot (HD)
• Positive Sentiment: Local ICE enforcement developments (a Phoenix raid) appear to have eased a near-term labor disruption risk narrative for Home Depot, which traders have interpreted as a modest tailwind. Phoenix Raid Lands Four Day Laborers, Home Depot Stock Notches Up
• Positive Sentiment: Recent analyst/market coverage highlighted a short‑term uptick in the shares and key technical moves, which can attract momentum buyers. Home Depot (HD) Rises Higher Than Market: Key Facts
• Neutral Sentiment: Unusual options activity has been reported around HD; options flow can signal speculative positioning but does not establish direction for fundamentals. Home Depot Unusual Options Activity
• Neutral Sentiment: Longer-form analysis frames Home Depot as a potential turnaround/“fixer‑upper” given consumer headwinds (student loans, rising healthcare costs, softer labor market) but stops short of near‑term bullishness — useful context for longer‑term investors. Home Depot: A Fixer-Upper Amid Student Loans, Rising Healthcare Premiums, And Soft Labor Market
• Negative Sentiment: Home Depot issued FY2025 EPS guidance of 14.478 (single-point) and revenue guidance of ~$164.3B, both slightly below consensus — a primary near‑term negative catalyst that pressures valuation and expectations.
• Negative Sentiment: Pomerantz LLP announced an investor investigation into Home Depot, which raises potential legal/financial risk and tends to weigh on investor sentiment until resolved. Pomerantz Law Firm Investigates Claims On Behalf of Investors of The Home Depot, Inc.
• Negative Sentiment: Coverage noted Home Depot underperformed peers on a relative basis despite an intra‑day gain, signaling investor caution versus competitors. Home Depot Inc. stock underperforms Tuesday when compared to competitors despite daily gains

Analyst Ratings Changes

A number of research firms have recently commented on HD. KGI Securities downgraded Home Depot from an “outperform” rating to a “hold” rating and set a $320.00 price objective on the stock. in a report on Wednesday, November 19th. Wall Street Zen downgraded Home Depot from a “hold” rating to a “sell” rating in a report on Friday, November 28th. Piper Sandler dropped their price target on shares of Home Depot from $450.00 to $441.00 and set an “overweight” rating on the stock in a research note on Wednesday, December 10th. Guggenheim lowered their target price on shares of Home Depot from $450.00 to $400.00 and set a “buy” rating for the company in a report on Thursday, November 20th. Finally, The Goldman Sachs Group reiterated a “buy” rating and set a $413.00 price target on shares of Home Depot in a research note on Wednesday, December 10th. Twenty-one analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $402.10.

Home Depot Trading Down 0.1%

NYSE HD opened at $349.09 on Thursday. The firm’s fifty day moving average is $355.04 and its two-hundred day moving average is $377.63. The Home Depot, Inc. has a one year low of $326.31 and a one year high of $426.75. 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 firm has a market cap of $347.53 billion, a PE ratio of 23.80, a P/E/G ratio of 13.01 and a beta of 1.08.

Home Depot (NYSE:HD) last released its quarterly earnings results on Tuesday, November 18th. The home improvement retailer reported $3.74 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.83 by ($0.09). The company 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%.The business’s quarterly revenue was up 2.8% compared to the same quarter last year. During the same period in the prior year, the business earned $3.78 EPS. Home Depot has set its FY 2025 guidance at 14.478-14.478 EPS. Analysts expect that The Home Depot, Inc. will post 15.13 earnings per share for the current year.

Home Depot Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, December 18th. Stockholders of record on Thursday, December 4th were issued a $2.30 dividend. The ex-dividend date of this dividend was Thursday, December 4th. This represents a $9.20 dividend on an annualized basis and a dividend yield of 2.6%. Home Depot’s payout ratio is presently 62.71%.

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.