The Home Depot, Inc. $HD Shares Sold by Conning Inc.

Conning Inc. decreased its holdings in shares of The Home Depot, Inc. (NYSE:HD) by 12.4% during the third quarter, Holdings Channel.com reports. The fund owned 84,455 shares of the home improvement retailer’s stock after selling 11,990 shares during the period. Home Depot accounts for approximately 1.1% of Conning Inc.’s holdings, making the stock its 28th biggest holding. Conning Inc.’s holdings in Home Depot were worth $34,220,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Norges Bank purchased a new position in Home Depot during the second quarter valued at approximately $4,885,603,000. Laurel Wealth Advisors LLC lifted its position in shares of Home Depot by 36,207.5% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 10,076,783 shares of the home improvement retailer’s stock valued at $3,694,552,000 after buying an additional 10,049,029 shares in the last quarter. Valeo Financial Advisors LLC grew its stake in Home Depot by 16,746.9% in the 2nd quarter. Valeo Financial Advisors LLC now owns 4,537,880 shares of the home improvement retailer’s stock valued at $1,663,768,000 after acquiring an additional 4,510,944 shares during the period. Vanguard Group Inc. grew its stake in Home Depot by 1.5% in the 2nd quarter. Vanguard Group Inc. now owns 97,978,814 shares of the home improvement retailer’s stock valued at $35,922,952,000 after acquiring an additional 1,494,615 shares during the period. Finally, Kingstone Capital Partners Texas LLC purchased a new stake in Home Depot in the 2nd quarter worth $418,486,000. 70.86% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

HD has been the topic of several recent analyst reports. Piper Sandler decreased their price objective on shares of Home Depot from $450.00 to $441.00 and set an “overweight” rating on the stock in a report on Wednesday, December 10th. Telsey Advisory Group cut 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. Bank of America decreased their target price on Home Depot from $450.00 to $430.00 and set a “buy” 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 note on Wednesday, December 10th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a $424.00 target price on shares of Home Depot in a report on Wednesday, December 10th. Twenty-one equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $402.10.

Insider Activity

In other Home Depot news, EVP Ann Marie Campbell sold 145 shares of the firm’s 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 completion of the sale, the executive vice president owned 12,320 shares of the company’s stock, valued at $4,413,763.20. This trade represents a 1.16% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Angie Brown sold 1,946 shares of Home Depot stock in a transaction on 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 owned 3,941 shares in the company, valued at $1,409,419.83. This represents a 33.06% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 4,963 shares of company stock valued at $1,748,845. 0.10% of the stock is currently owned by company insiders.

Trending Headlines about Home Depot

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

• Positive Sentiment: Rilla partnership — The Home Depot announced a deal to deploy Rilla’s AI-powered coaching for store/service teams, which could boost frontline productivity, improve sales/service quality and drive incremental same-store performance over time. The Home Depot to Advance Customer Experience Using Rilla’s AI-Powered Coaching
• Positive Sentiment: Jim Cramer spotlight — Media coverage flagged by Jim Cramer highlighted Home Depot as a preferred way to play housing/exposure in certain trust portfolios, which can draw retail/institutional attention and support demand. Jim Cramer Highlights Home Depot as the Charitable Trust’s “Only Housing Exposure”
• Positive Sentiment: Value-rotation tailwind — Market commentary on a rotation from expensive tech into value names cites Home Depot as a defensive, dividend-paying consumer-stock beneficiary, which could attract flows if risk sentiment shifts away from growth. Tech Wreck or Valuation Reset? Rotating to Value in 2026 (HD)
• Positive Sentiment: Recent resilience — Market coverage noted HD rising on some sessions despite broader market weakness, signaling relative strength and investor appetite for defensive names. Home Depot (HD) Increases Despite Market Slip: Here’s What You Need to Know
• Neutral Sentiment: Valuation debate — Several pieces ask whether HD’s current valuation leaves upside limited for new buyers; these are analytical pieces that could slow momentum if investors decide the stock is fully priced. Is It Too Late To Consider Home Depot (HD) After Recent Valuation Signals
• Neutral Sentiment: Dividend appeal / Dogs of the Dow coverage — Inclusion in dividend-focused lists or Dow-themed screens highlights income investors’ interest but is unlikely to be a major short-term price driver. The Dogs of the Dow: 10 Downtrodden Dividends Paying Out Up to 6.8%
• Neutral Sentiment: Market timing lists — General “target/avoid” roundups for post-holiday trading reference macro volatility and sector rotation; they may influence short-term flows but offer no company-specific news. 25 Stocks to Target (and Avoid) After MLK Day
• Negative Sentiment: Investor skepticism on AI shopping plan — Coverage noted Home Depot’s stock slipped even after news of a new AI-driven shopping initiative, suggesting investors may be unimpressed by the plan’s near-term revenue/ROI implications or are more focused on macro/valuation headwinds. Home Depot Stock (NYSE:HD) Slips Despite New AI-Driven Shopping Plan

Home Depot Stock Down 1.1%

Shares of HD opened at $375.62 on Thursday. The Home Depot, Inc. has a 52-week low of $326.31 and a 52-week high of $426.75. The company has a quick ratio of 0.29, a current ratio of 1.05 and a debt-to-equity ratio of 3.82. The stock has a fifty day simple moving average of $354.45 and a two-hundred day simple moving average of $378.01. The company has a market capitalization of $373.94 billion, a PE ratio of 25.60, a price-to-earnings-growth ratio of 14.15 and a beta of 1.08.

Home Depot (NYSE:HD) last announced its quarterly earnings results on Tuesday, November 18th. The home improvement retailer reported $3.74 earnings per share 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 period in the previous year, the firm posted $3.78 EPS. The company’s 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. As a group, equities analysts forecast that The Home Depot, Inc. will post 15.13 EPS for the current year.

Home Depot Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, December 18th. Stockholders of record on Thursday, December 4th were issued a dividend of $2.30 per share. The ex-dividend date was Thursday, December 4th. This represents a $9.20 dividend on an annualized basis and a dividend yield of 2.4%. Home Depot’s dividend payout ratio (DPR) is currently 62.71%.

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.