1,747 Shares in The Home Depot, Inc. $HD Bought by Rede Wealth LLC

Rede Wealth LLC purchased a new stake in The Home Depot, Inc. (NYSE:HD) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 1,747 shares of the home improvement retailer’s stock, valued at approximately $708,000.

Other hedge funds also recently made changes to their positions in the company. Legend Financial Advisors Inc. purchased a new stake in shares of Home Depot in the 2nd quarter valued at about $28,000. Sagard Holdings Management Inc. purchased a new stake in Home Depot in the second quarter valued at approximately $29,000. LFA Lugano Financial Advisors SA purchased a new stake in Home Depot in the second quarter valued at approximately $32,000. Legacy Investment Solutions LLC acquired a new stake in shares of Home Depot in the second quarter valued at approximately $35,000. Finally, Dougherty Wealth Advisers LLC purchased a new position in shares of Home Depot during the third quarter worth approximately $38,000. Hedge funds and other institutional investors own 70.86% of the company’s stock.

Home Depot Trading Down 1.3%

NYSE HD opened at $375.14 on Wednesday. The stock has a market capitalization of $373.46 billion, a P/E ratio of 25.57, a P/E/G ratio of 14.16 and a beta of 1.08. The Home Depot, Inc. has a 52-week low of $326.31 and a 52-week high of $426.75. The firm has a 50-day moving average price of $355.05 and a 200 day moving average price of $378.27. The company has a quick ratio of 0.29, a current ratio of 1.05 and a debt-to-equity ratio of 3.82.

Home Depot (NYSE:HD) last announced its quarterly earnings data on Tuesday, November 18th. The home improvement retailer reported $3.74 earnings per share for the quarter, missing analysts’ consensus estimates of $3.83 by ($0.09). Home Depot had a net margin of 8.77% and a return on equity of 160.74%. The business had revenue of $41.35 billion during the quarter, compared to analysts’ expectations of $41.06 billion. During the same period in the prior year, the firm posted $3.78 EPS. Home Depot’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. Equities research analysts expect that The Home Depot, Inc. will post 15.13 EPS for the current year.

Home Depot Announces Dividend

The firm also recently disclosed 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. This represents a $9.20 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend was Thursday, December 4th. Home Depot’s dividend payout ratio is currently 62.71%.

Home Depot News Summary

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

• Positive Sentiment: TD Cowen raised its price target on Home Depot from $410 to $450 and reiterated a “buy” rating, implying ~20% upside from the referenced price — a clear bullish catalyst that can support upside expectations. Article Title
• Positive Sentiment: Analysts note Home Depot’s digital platform and AI-enabled fulfillment improvements are gaining traction with Pro customers and may become a material growth engine, supporting margin and revenue mix over time. Article Title
• Neutral Sentiment: Research from The Home Depot Foundation highlights a skilled-labor shortfall in post-disaster rebuilding—this underscores demand for Pro services but also signals industry capacity constraints that could affect sales mix and longer-term strategy. Article Title
• Neutral Sentiment: Home Depot was mentioned in a dividend-focused screener (“Dogs of the Dow”) — a reminder of its blue‑chip income profile, but this is less likely to move the stock materially near term. Article Title
• Negative Sentiment: Local competitive pressure surfaced after reports of a new competitor opening in Texas, a market where Home Depot relies on scale and Pro relationships; heightened competition can pressure traffic and pricing in affected stores. Article Title
• Negative Sentiment: Analyst note warns HD is trading at a premium amid slowing pro momentum and falling estimates, flagging valuation risk that can cap near-term upside if macro or housing demand softens. Article Title
• Negative Sentiment: Street previews expect a potentially steep Q4 EPS decline (high‑teens), which raises short‑term earnings risk ahead of the quarterly release and helps explain downward pressure on the stock. Article Title

Insider Buying and Selling

In other Home Depot news, EVP Ann Marie Campbell sold 145 shares of the stock in a transaction on Thursday, December 11th. The stock was 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 owned 12,320 shares in the company, valued at approximately $4,413,763.20. This represents a 1.16% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Teresa Wynn Roseborough sold 2,872 shares of the firm’s stock in a transaction on Friday, December 26th. The shares were sold at an average price of $348.52, for a total value of $1,000,949.44. Following the completion of the sale, the executive vice president directly owned 13,196 shares of the company’s stock, valued at approximately $4,599,069.92. This trade represents a 17.87% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 4,963 shares of company stock valued at $1,748,845 over the last quarter. Company insiders own 0.10% of the company’s stock.

Analyst Ratings Changes

Several analysts recently commented on HD shares. JPMorgan Chase & Co. reduced their price target on shares of Home Depot from $444.00 to $423.00 and set an “overweight” rating for the company in a research report on Wednesday, November 19th. Guggenheim reduced 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. Wolfe Research increased their target price on shares of Home Depot from $414.00 to $415.00 and gave the stock an “outperform” rating in a research note on Monday, December 22nd. Citigroup dropped their price target on Home Depot from $422.00 to $407.00 and set a “buy” rating on the stock in a research report on Friday, November 21st. Finally, Zacks Research downgraded Home Depot from a “hold” rating to a “strong sell” rating in a research note on Thursday, November 27th. Twenty-two 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, Home Depot presently has an average rating of “Moderate Buy” and a consensus price target of $404.50.

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.