Advyzon Investment Management LLC grew its position in The Home Depot, Inc. (NYSE:HD – Free Report) by 45.1% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 4,273 shares of the home improvement retailer’s stock after purchasing an additional 1,328 shares during the period. Advyzon Investment Management LLC’s holdings in Home Depot were worth $1,732,000 at the end of the most recent quarter.
Several other institutional investors have also made changes to their positions in the company. Norges Bank acquired a new stake in Home Depot during the 2nd quarter valued at $4,885,603,000. Laurel Wealth Advisors LLC boosted its position in shares of Home Depot by 36,207.5% in the second quarter. Laurel Wealth Advisors LLC now owns 10,076,783 shares of the home improvement retailer’s stock worth $3,694,552,000 after buying an additional 10,049,029 shares during the period. Vanguard Group Inc. grew its holdings in shares of Home Depot by 1.5% during the second 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 in the last quarter. Amundi grew its holdings in shares of Home Depot by 11.1% during the second quarter. Amundi now owns 7,903,550 shares of the home improvement retailer’s stock valued at $2,938,935,000 after buying an additional 790,476 shares in the last quarter. Finally, Voya Investment Management LLC raised its position in Home Depot by 112.3% during the third quarter. Voya Investment Management LLC now owns 1,444,128 shares of the home improvement retailer’s stock valued at $585,147,000 after buying an additional 763,739 shares during the period. 70.86% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling at Home Depot
In other news, EVP Angie Brown sold 1,946 shares of the firm’s stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $357.63, for a total value of $695,947.98. Following the sale, the executive vice president directly owned 3,941 shares of the company’s stock, valued at approximately $1,409,419.83. This trade represents a 33.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Teresa Wynn Roseborough sold 2,872 shares of Home Depot stock in a transaction dated Friday, December 26th. The stock was sold at an average price of $348.52, for a total value of $1,000,949.44. Following the completion of the transaction, the executive vice president owned 13,196 shares in the company, valued at $4,599,069.92. The trade was a 17.87% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 4,963 shares of company stock worth $1,748,845 over the last ninety days. Company insiders own 0.10% of the company’s stock.
Trending Headlines about Home Depot
- Positive Sentiment: Telsey Advisory Group reiterated an “Outperform” rating on HD, which supports investor confidence in the name. Telsey Reiterates Outperform
- Positive Sentiment: An earnings‑preview piece and a Yahoo Model suggest Home Depot could post an upside surprise at its upcoming quarter, giving some investors reasons to buy into the run‑up to results. Is Home Depot a ‘Buy’ Ahead of Earnings?
- Positive Sentiment: Marketing/seasonal activations (e.g., a “spring countdown” campaign) and pro‑business initiatives continue to support demand and brand engagement heading into spring selling season. TipRanks: Spring Countdown
- Neutral Sentiment: Analyst writeups (Zacks, Seeking Alpha) highlight Home Depot’s expanding Pro ecosystem, AI tools and specialty distribution as strategic advantages versus Lowe’s, but many analysts still view shares as fairly valued—useful context but no immediate catalyst. Zacks: HD vs LOW
- Neutral Sentiment: Personnel moves: a Home Depot executive surfaced in CFO hiring headlines (Yeti), signaling industry talent movement but limited direct impact on HD’s near‑term results. CFOs On the Move
- Neutral Sentiment: Macro/market context pieces note Home Depot’s upcoming earnings as a read on U.S. consumer and the housing market; these stories keep the name in focus but don’t change fundamentals. Nvidia Earnings, PPI, What to Watch
- Negative Sentiment: RBC warned HD’s fiscal Q4 is unlikely to be a “significant catalyst” and lowered its price target, moving to a more cautious stance—this analyst caution is pressuring upside expectations into results. RBC: Q4 Not a Catalyst StreetInsider: PT Lowered
- Negative Sentiment: Operational caution: reports say Home Depot tightened bonus payouts amid a housing slowdown, signaling management is bracing for softer demand—this is a direct negative on near‑term margin/comp assumptions. MSN: Stricter Bonuses
Wall Street Analyst Weigh In
A number of equities research analysts have commented on the company. Evercore decreased their price objective on Home Depot from $450.00 to $425.00 and set an “outperform” rating for the company in a research report on Wednesday, November 19th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Home Depot in a research report on Monday, December 29th. The Goldman Sachs Group restated a “buy” rating and set a $413.00 price target on shares of Home Depot in a report on Wednesday, December 10th. Sanford C. Bernstein lifted their price objective on Home Depot from $362.00 to $381.00 and gave the company a “market perform” rating in a research report on Wednesday. Finally, DA Davidson lowered their target price on Home Depot from $430.00 to $407.00 and set a “buy” rating on the stock in a research note on Wednesday, December 10th. Twenty-one analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $408.27.
Check Out Our Latest Research Report on Home Depot
Home Depot Trading Up 1.0%
Shares of HD stock opened at $382.38 on Friday. The Home Depot, Inc. has a 12 month low of $326.31 and a 12 month high of $426.75. The company has a market cap of $380.66 billion, a PE ratio of 26.07, a price-to-earnings-growth ratio of 13.53 and a beta of 1.08. 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 business’s 50 day moving average is $369.26 and its two-hundred day moving average is $380.29.
Home Depot (NYSE:HD – Get Free Report) last issued 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). The firm had revenue of $41.35 billion during the quarter, compared to analyst estimates of $41.06 billion. Home Depot had a return on equity of 160.74% and a net margin of 8.77%.Home Depot’s quarterly revenue was up 2.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.78 earnings per share. Equities analysts predict that The Home Depot, Inc. will post 15.13 EPS for the current year.
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.
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