Foster Victor Wealth Advisors LLC Increases Position in The Home Depot, Inc. $HD

Foster Victor Wealth Advisors LLC lifted its stake in The Home Depot, Inc. (NYSE:HD) by 5.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 44,340 shares of the home improvement retailer’s stock after acquiring an additional 2,324 shares during the period. Foster Victor Wealth Advisors LLC’s holdings in Home Depot were worth $17,517,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC boosted its holdings in shares of Home Depot by 36.5% in the 4th quarter. Brighton Jones LLC now owns 26,918 shares of the home improvement retailer’s stock valued at $10,471,000 after buying an additional 7,203 shares in the last quarter. Algert Global LLC raised its stake in shares of Home Depot by 8.1% during the 1st quarter. Algert Global LLC now owns 2,061 shares of the home improvement retailer’s stock worth $755,000 after acquiring an additional 154 shares in the last quarter. Quantbot Technologies LP bought a new position in shares of Home Depot during the 1st quarter worth approximately $909,000. T. Rowe Price Investment Management Inc. purchased a new stake in Home Depot during the first quarter valued at approximately $480,000. Finally, Oliver Luxxe Assets LLC boosted its stake in Home Depot by 27.8% in the first quarter. Oliver Luxxe Assets LLC now owns 1,572 shares of the home improvement retailer’s stock valued at $576,000 after acquiring an additional 342 shares in the last quarter. Institutional investors own 70.86% of the company’s stock.

Wall Street Analyst Weigh In

HD has been the topic of a number of recent analyst reports. TD Cowen reduced their price target on Home Depot from $470.00 to $410.00 and set a “buy” rating on the stock in a research report on Wednesday, November 19th. Sanford C. Bernstein restated a “market perform” rating and set a $362.00 target price on shares of Home Depot in a research note on Monday, November 24th. DA Davidson reduced their target price on Home Depot from $430.00 to $407.00 and set a “buy” rating on the stock in a research report on Wednesday, December 10th. Telsey Advisory Group decreased their price target 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. Finally, HSBC dropped their price target on Home Depot from $445.00 to $400.00 and set a “hold” rating on the stock in a research note on Wednesday, November 19th. Twenty-one investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $402.07.

Insider Buying and Selling at Home Depot

In related news, EVP Ann Marie Campbell sold 145 shares of the firm’s stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $358.26, for a total transaction of $51,947.70. Following the completion of the transaction, 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 sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Angie Brown sold 1,946 shares of the business’s stock in a transaction on Friday, December 12th. The shares were sold at an average price of $357.63, for a total transaction of $695,947.98. Following the transaction, 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 disclosure for this sale is available in the SEC filing. Company insiders own 0.10% of the company’s stock.

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 Stock Down 2.7%

Shares of HD stock opened at $345.45 on Monday. The Home Depot, Inc. has a fifty-two week low of $326.31 and a fifty-two week high of $426.75. The firm has a market capitalization of $343.90 billion, a PE ratio of 23.55, a P/E/G ratio of 12.85 and a beta of 1.06. The company has a debt-to-equity ratio of 3.82, a quick ratio of 0.29 and a current ratio of 1.05. The stock’s 50-day simple moving average is $365.41 and its 200-day simple moving average is $378.79.

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 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 firm had revenue of $41.35 billion during the quarter, compared to analysts’ expectations of $41.06 billion. During the same quarter in the prior year, the company earned $3.78 EPS. Home Depot’s quarterly revenue was up 2.8% on a year-over-year basis. Home Depot has set its FY 2025 guidance at 14.478-14.478 EPS. Equities analysts expect that The Home Depot, Inc. will post 15.13 earnings per share for the current year.

Home Depot Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 18th. Stockholders 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 dividend on an annualized basis and a dividend yield of 2.7%. Home Depot’s dividend payout ratio is presently 62.71%.

Home Depot Company 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.