BigSur Wealth Management LLC Sells 1,832 Shares of The Home Depot, Inc. $HD

BigSur Wealth Management LLC decreased its stake in shares of The Home Depot, Inc. (NYSE:HD) by 17.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,597 shares of the home improvement retailer’s stock after selling 1,832 shares during the period. BigSur Wealth Management LLC’s holdings in Home Depot were worth $3,483,000 as of its most recent SEC filing.

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

More Home Depot News

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

• Positive Sentiment: Wolfe Research raised its price target on HD to $415 and kept an “outperform” rating, implying meaningful upside vs. the current price — a direct analyst vote of confidence that can support the stock. Wolfe adjusts price target
• Positive Sentiment: Analysts note Home Depot’s Pro (contractor/commercial) business is performing better than DIY, which can stabilize revenue even if consumer renovation spending softens — a structural positive for margins and predictability. Is Home Depot’s Pro momentum enough
• Neutral Sentiment: Coverage compares HD vs. Lowe’s on AI strategy — Lowe’s is investing in AI as core infrastructure while Home Depot focuses on embedding intelligence into execution, logistics and Pro services. This is strategic positioning rather than an immediate earnings driver. LOW vs HD: AI bet
• Neutral Sentiment: Analyst/video commentary argues Home Depot could lay a 2026 rebound foundation if Fed rate cuts progress, but timing and consumer response remain uncertain — a macro-linked view that supports upside only if rates and housing trends improve. Building 2026 Foundation on Interest Rate Outlook
• Negative Sentiment: Unusually large put-option buying: investors purchased about 46,941 puts (≈47% above average), signaling elevated downside hedging or bearish bets that can increase near-term volatility and pressure the stock.
• Negative Sentiment: Sector/stock skepticism: recent pieces argue the home-improvement sector struggled in 2025 (rates, housing weakness) and one outlet concluded only one of HD or LOW is a buy for 2026 — commentary that can weigh on investor confidence and relative valuation. Only 1 of these is a buy for 2026
• Negative Sentiment: Analysts and commentators note HD underperformed in 2025 and that “timing is the challenge” for a rebound — a reminder that execution and macro timing risk remain key near-term catalysts. Timing is the challenge

Wall Street Analyst Weigh In

HD has been the subject of several recent research reports. Sanford C. Bernstein restated a “market perform” rating and set a $362.00 target price on shares of Home Depot in a report on Monday, November 24th. Zacks Research cut shares of Home Depot from a “hold” rating to a “strong sell” rating in a research report on Thursday, November 27th. Stifel Nicolaus dropped their price objective on shares of Home Depot from $370.00 to $350.00 and set a “hold” rating on the stock in a research note on Monday, December 1st. Bank of America decreased their target price on shares of Home Depot from $450.00 to $430.00 and set a “buy” rating for the company in a research note on Wednesday, November 19th. Finally, Telsey Advisory Group lowered their target price on shares of Home Depot from $430.00 to $410.00 and set an “outperform” rating for the company in a report on Wednesday, December 10th. Twenty-one research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, Home Depot has an average rating of “Moderate Buy” and a consensus price target of $402.10.

Home Depot Price Performance

Shares of NYSE HD opened at $345.07 on Wednesday. The firm has a market cap of $343.52 billion, a P/E ratio of 23.52, a PEG ratio of 12.90 and a beta of 1.06. The Home Depot, Inc. has a twelve month low of $326.31 and a twelve month high of $426.75. The company has a quick ratio of 0.29, a current ratio of 1.05 and a debt-to-equity ratio of 3.82. The company has a 50 day moving average of $363.90 and a 200 day moving average of $378.48.

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, research analysts expect that The Home Depot, Inc. will post 15.13 EPS for the current fiscal 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 $2.30 dividend. This represents a $9.20 annualized dividend and a yield of 2.7%. The ex-dividend date was Thursday, December 4th. Home Depot’s dividend payout ratio (DPR) is presently 62.71%.

Insider Transactions at Home Depot

In other Home Depot news, EVP Angie Brown sold 1,946 shares of the company’s stock in a transaction dated 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 in the company, valued at approximately $1,409,419.83. This represents a 33.06% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, 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 directly owned 12,320 shares in the company, valued at approximately $4,413,763.20. The trade was a 1.16% decrease in their position. The SEC filing for this sale provides additional information. 0.10% of the stock is currently owned by insiders.

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.