BDF Gestion Cuts Holdings in The Home Depot, Inc. $HD

BDF Gestion reduced its stake in shares of The Home Depot, Inc. (NYSE:HD) by 17.2% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 25,205 shares of the home improvement retailer’s stock after selling 5,241 shares during the quarter. Home Depot makes up about 1.2% of BDF Gestion’s holdings, making the stock its 10th biggest holding. BDF Gestion’s holdings in Home Depot were worth $10,213,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Norges Bank bought a new stake in Home Depot during the 2nd quarter valued at approximately $4,885,603,000. Laurel Wealth Advisors LLC raised its holdings in 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 purchasing an additional 10,049,029 shares in the last quarter. Valeo Financial Advisors LLC lifted its position in Home Depot by 16,746.9% during the second 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 buying an additional 4,510,944 shares during the period. Vanguard Group Inc. boosted its holdings in shares of 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 in the last quarter. Finally, Kingstone Capital Partners Texas LLC purchased a new stake in shares of Home Depot in the 2nd quarter worth about $418,486,000. 70.86% of the stock is owned by hedge funds and other institutional investors.

Home Depot Price Performance

Shares of HD opened at $345.45 on Friday. The Home Depot, Inc. has a twelve month low of $326.31 and a twelve month high of $426.75. The company has a market capitalization of $343.90 billion, a P/E ratio of 23.55, a price-to-earnings-growth ratio of 12.85 and a beta of 1.06. The firm has a 50 day moving average of $365.41 and a 200 day moving average of $378.75. The company has a quick ratio of 0.29, a current ratio of 1.05 and a debt-to-equity ratio of 3.82.

Home Depot (NYSE:HD) last issued its earnings results on Tuesday, November 18th. The home improvement retailer reported $3.74 EPS 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 business had revenue of $41.35 billion for the quarter, compared to analysts’ expectations of $41.06 billion. During the same quarter in the prior year, the business posted $3.78 earnings per share. The business’s revenue for the quarter was up 2.8% on a year-over-year basis. Home Depot has set its FY 2025 guidance at 14.478-14.478 EPS. As a group, equities research analysts anticipate that The Home Depot, Inc. will post 15.13 earnings per share for the current fiscal year.

Home Depot Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 18th. Shareholders of record on Thursday, December 4th were given a $2.30 dividend. The ex-dividend date of this dividend was Thursday, December 4th. This represents a $9.20 dividend on an annualized basis and a yield of 2.7%. Home Depot’s payout ratio is 62.71%.

Insider Activity

In other news, EVP Ann Marie Campbell sold 145 shares of the firm’s stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $358.26, for a total transaction of $51,947.70. Following 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 position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Angie Brown sold 1,946 shares of Home Depot 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 sale, the executive vice president owned 3,941 shares of the company’s stock, valued at $1,409,419.83. This represents a 33.06% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.10% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

HD has been the subject of a number of recent research reports. Sanford C. Bernstein reissued a “market perform” rating and set a $362.00 price target on shares of Home Depot in a research report on Monday, November 24th. Wolfe Research decreased their target price on shares of Home Depot from $423.00 to $414.00 and set an “outperform” rating for the company 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 report on Friday, November 28th. The Goldman Sachs Group reissued a “buy” rating and issued a $413.00 price target on shares of Home Depot in a research report on Wednesday, December 10th. Finally, Zacks Research lowered Home Depot from a “hold” rating to a “strong sell” rating in a research report on Thursday, November 27th. Twenty-one research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, Home Depot presently has a consensus rating of “Moderate Buy” and an average price target of $402.07.

Key Stores Impacting Home Depot

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

• Positive Sentiment: Analyst upgrade lifted buying interest — a recent upgrade pushed shares higher earlier in the session, giving the stock short-term support as analysts reiterate confidence in HD’s fundamentals. Home Depot (NYSE:HD) Shares Up 1.1% on Analyst Upgrade
• Positive Sentiment: Daiwa raised its price target to $360 — a higher target provides an additional analyst-backed valuation floor that can stabilize sentiment after the recent pullback. Daiwa Capital Markets Boosts Home Depot (NYSE:HD) Price Target to $360.00
• Positive Sentiment: Holiday marketing boost — a New York Times piece highlights that a new Home Depot ad promoting live-cut Christmas trees is resonating with tree farmers and could support seasonal foot traffic and sales. Real or Fake? There’s a War Over Christmas … Trees.
• Positive Sentiment: Long-term performance narrative remains strong — pieces summarizing 15-year returns remind investors of HD’s long-term compounding, supporting buy-and-hold conviction. Here’s How Much You Would Have Made Owning Home Depot Stock In The Last 15 Years
• Neutral Sentiment: Supply-chain commentary is mixed — a report notes Home Depot has “significantly increased the speed of our delivery,” yet the headline notes the stock sank despite those improvements, suggesting the market may have already priced in operational progress. “…Significantly Increased the Speed of Our Delivery”: Home Depot Stock (NYSE:HD) Sinks Despite Supply Chain Improvements
• Neutral Sentiment: Analyst/strategy checkups and competitor comparisons — several articles review post-earnings momentum, valuation after a pullback, and HD vs. Lowe’s; useful for longer-horizon allocation decisions but less likely to drive abrupt moves today. Home Depot (HD) Up 6.7% Since Last Earnings Report: Can It Continue?
• Negative Sentiment: Insider selling flagged — recent insider sales are being reported and have pressured sentiment; investors watch insider activity as a governance/near-term signal. Home Depot (NYSE:HD) Shares Down 1.2% Following Insider Selling
• Negative Sentiment: Reputational risk from parking-lot tactics — reports that Home Depot deployed noise machines to deter day laborers have drawn criticism and could create reputational/regulatory scrutiny, a near-term negative for sentiment. “Caused Headaches and Nausea”: Home Depot Turns to Noise Machines to Run Off Day Laborers, Home Depot Stock (NYSE:HD) Notches Up

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.