First Horizon Corp Takes Position in The Home Depot, Inc. $HD

First Horizon Corp bought a new position in shares of The Home Depot, Inc. (NYSE:HD) in the third quarter, HoldingsChannel reports. The firm bought 68,851 shares of the home improvement retailer’s stock, valued at approximately $27,898,000. Home Depot accounts for approximately 1.3% of First Horizon Corp’s investment portfolio, making the stock its 13th biggest position.

Other hedge funds have also recently bought and sold shares of the company. Legend Financial Advisors Inc. bought a new stake in shares of Home Depot during the second quarter worth $28,000. Sagard Holdings Management Inc. acquired a new position in Home Depot in the 2nd quarter worth $29,000. LFA Lugano Financial Advisors SA bought a new position in Home Depot during the 2nd quarter worth about $32,000. Dougherty Wealth Advisers LLC acquired a new stake in shares of Home Depot in the 3rd quarter valued at about $38,000. Finally, Marquette Asset Management LLC bought a new stake in shares of Home Depot in the third quarter valued at about $38,000. 70.86% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Home Depot

In other Home Depot news, 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 sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Ann Marie Campbell sold 145 shares of Home Depot stock in a transaction 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 transaction, the executive vice president directly 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 ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 4,963 shares of company stock worth $1,748,845. Company insiders own 0.10% of the company’s stock.

Home Depot News Summary

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

• Positive Sentiment: The Home Depot expanded its strategic partnership with Google Cloud to deploy “agentic” AI tools (Magic Apron enhancements, AI product-list builders for pros, automated material ordering) that aim to deepen customer engagement and boost pro workflow efficiency. The Home Depot and Google Cloud Launch Agentic AI Tools Home Depot Goes All-In On Agentic AI With Google Cloud
• Positive Sentiment: Analyst/industry pieces highlight Home Depot gearing up for a 2026 housing rebound with pro-focused tools and supply-chain upgrades, positioning it to scale if interest rates fall and demand for remodeling and new construction recovers. Is Home Depot Stock Best Positioned If Rates Ease in 2026? Home Depot Stock Gains With New Housing Plans
• Positive Sentiment: Unusual options activity: traders bought a large volume of Home Depot call options, indicating near-term bullish speculation or hedging interest that can support upside momentum in the stock. Traders Purchase Large Volume of Home Depot Call Options
• Neutral Sentiment: Coverage of Home Depot as a dividend holding reinforces its income-story appeal; lower rates could boost long-term growth prospects, but these are gradual catalysts rather than immediate drivers. 2 Top Dividend Stocks to Buy in 2026 and Hold for a Lifetime of Passive Income The Dogs of the Dow: 10 Downtrodden Dividends
• Negative Sentiment: A comparative piece contrasts Home Depot with peers (e.g., Costco) and underscores Home Depot’s sensitivity to macro forces — a reminder that weaker housing activity or slower rate cuts could weigh on revenue and margins. Best Stock to Buy Right Now: Costco vs. Home Depot

Home Depot Stock Up 0.1%

Home Depot stock opened at $375.10 on Tuesday. 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 company’s 50-day moving average is $354.48 and its 200-day moving average is $377.94. The firm has a market capitalization of $373.42 billion, a PE ratio of 25.57, a P/E/G ratio of 13.96 and a beta of 1.08. The Home Depot, Inc. has a fifty-two week low of $326.31 and a fifty-two week high of $426.75.

Home Depot (NYSE:HD) last posted 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 return on equity of 160.74% and a net margin of 8.77%.The company’s revenue for the quarter was up 2.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $3.78 EPS. Home Depot has set its FY 2025 guidance at 14.478-14.478 EPS. Sell-side analysts anticipate that The Home Depot, Inc. will post 15.13 earnings per share for the current year.

Home Depot Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 18th. Investors of record on Thursday, December 4th were issued a dividend of $2.30 per share. 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 2.5%. Home Depot’s payout ratio is presently 62.71%.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. UBS Group set a $430.00 price objective on Home Depot in a report on Wednesday, December 10th. Morgan Stanley reaffirmed an “outperform” rating on shares of Home Depot in a research note on Wednesday, December 10th. Wall Street Zen lowered shares of Home Depot from a “hold” rating to a “sell” rating in a research report on Friday, November 28th. Robert W. Baird reduced their target price on shares of Home Depot from $450.00 to $415.00 and set an “outperform” rating for the company in a report on Wednesday, November 19th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Home Depot in a research note on Monday, December 29th. Twenty-one analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $402.10.

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.