Huntleigh Advisors Inc. Increases Stake in The Home Depot, Inc. $HD

Huntleigh Advisors Inc. grew its stake in shares of The Home Depot, Inc. (NYSE:HD) by 94.2% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 6,440 shares of the home improvement retailer’s stock after purchasing an additional 3,124 shares during the quarter. Huntleigh Advisors Inc.’s holdings in Home Depot were worth $2,609,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Vanguard Group Inc. boosted its position in Home Depot by 1.5% during 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 buying an additional 1,494,615 shares during the period. State Street Corp boosted its holdings in shares of Home Depot by 0.7% during the second quarter. State Street Corp now owns 46,015,836 shares of the home improvement retailer’s stock worth $16,871,246,000 after purchasing an additional 300,352 shares during the period. Geode Capital Management LLC grew its stake in shares of Home Depot by 1.4% in the second quarter. Geode Capital Management LLC now owns 22,978,809 shares of the home improvement retailer’s stock worth $8,394,611,000 after purchasing an additional 327,674 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of Home Depot by 1.1% in the second quarter. Charles Schwab Investment Management Inc. now owns 14,568,860 shares of the home improvement retailer’s stock worth $5,341,724,000 after purchasing an additional 153,582 shares during the last quarter. Finally, Norges Bank purchased a new position in Home Depot during the 2nd quarter valued at about $4,885,603,000. Institutional investors own 70.86% of the company’s stock.

Key Home Depot News

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

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. Truist Financial set a $405.00 price objective on Home Depot in a report on Friday. KGI Securities lowered Home Depot from an “outperform” rating to a “hold” rating and set a $320.00 price target for the company. in a research note on Wednesday, November 19th. Piper Sandler reduced their price objective on shares of Home Depot from $450.00 to $441.00 and set an “overweight” rating on the stock in a research report on Wednesday, December 10th. HSBC decreased their price objective on shares of Home Depot from $445.00 to $400.00 and set a “hold” rating for the company in a report on Wednesday, November 19th. Finally, Evercore ISI cut their target price on shares of Home Depot from $450.00 to $425.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 19th. Twenty-two investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $404.50.

Insider Buying and Selling

In related news, EVP Angie Brown sold 1,946 shares of the firm’s stock in a transaction that occurred on Friday, December 12th. The stock was 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 of the company’s stock, valued at $1,409,419.83. This trade represents a 33.06% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, 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 sale, the executive vice president directly 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 disclosure for this sale is available in the SEC filing. Insiders have sold 4,963 shares of company stock worth $1,748,845 in the last 90 days. Insiders own 0.10% of the company’s stock.

Home Depot Stock Performance

Shares of Home Depot stock opened at $375.14 on Wednesday. The business has a fifty day simple moving average of $355.05 and a two-hundred day simple moving average of $378.27. The firm 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 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 12 month low of $326.31 and a 12 month high of $426.75.

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 return on equity of 160.74% and a net margin of 8.77%.The business had revenue of $41.35 billion during the quarter, compared to the consensus estimate of $41.06 billion. During the same quarter in the previous year, the business earned $3.78 earnings per share. The firm’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. On average, equities analysts forecast that The Home Depot, Inc. will post 15.13 earnings per share for the current fiscal year.

Home Depot Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, December 18th. Investors of record on Thursday, December 4th were paid a $2.30 dividend. The ex-dividend date was Thursday, December 4th. This represents a $9.20 annualized dividend and a dividend yield of 2.5%. Home Depot’s dividend 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.