Exchange Traded Concepts LLC Has $7.71 Million Holdings in The Home Depot, Inc. $HD

Exchange Traded Concepts LLC lifted its position in shares of The Home Depot, Inc. (NYSE:HD) by 454.1% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 19,021 shares of the home improvement retailer’s stock after purchasing an additional 15,588 shares during the quarter. Exchange Traded Concepts LLC’s holdings in Home Depot were worth $7,707,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of HD. Vanguard Group Inc. lifted its stake in shares of Home Depot by 1.5% in 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. State Street Corp raised its holdings 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 worth $16,871,246,000 after acquiring an additional 300,352 shares during the last quarter. Geode Capital Management LLC lifted its position in Home Depot by 1.4% in the 2nd 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 acquiring an additional 327,674 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in Home Depot by 1.1% during the 2nd 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 during the last quarter. Finally, Norges Bank bought a new stake in Home Depot during the 2nd quarter worth approximately $4,885,603,000. Institutional investors and hedge funds own 70.86% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on HD shares. Telsey Advisory Group dropped their target price on Home Depot from $430.00 to $410.00 and set an “outperform” rating on the stock in a report on Wednesday, December 10th. KGI Securities cut Home Depot from an “outperform” rating to a “hold” rating and set a $320.00 price objective on the stock. in a research note on Wednesday, November 19th. Wall Street Zen downgraded shares of Home Depot from a “hold” rating to a “sell” rating in a report on Friday, November 28th. Bank of America lowered their target price on shares of Home Depot from $450.00 to $430.00 and set a “buy” rating for the company in a report on Wednesday, November 19th. Finally, Robert W. Baird cut their price target on shares of Home Depot from $450.00 to $415.00 and set an “outperform” rating on the stock in a report on Wednesday, November 19th. Twenty-one analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $402.10.

Key Headlines Impacting Home Depot

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

Insider Activity

In related news, EVP Angie Brown sold 1,946 shares of the business’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 in the company, valued at approximately $1,409,419.83. The trade was a 33.06% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Ann Marie Campbell sold 145 shares of the stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $358.26, for a total transaction of $51,947.70. Following the transaction, the executive vice president owned 12,320 shares of the company’s stock, valued at $4,413,763.20. This represents a 1.16% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 0.10% of the company’s stock.

Home Depot Stock Down 0.4%

HD opened at $345.07 on Wednesday. The Home Depot, Inc. has a twelve month low of $326.31 and a twelve month high of $426.75. The company’s 50-day moving average price is $363.90 and its two-hundred day moving average price is $378.48. The stock has a market cap of $343.52 billion, a price-to-earnings ratio of 23.52, a PEG ratio of 12.90 and a beta of 1.06. 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 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 company had revenue of $41.35 billion for the quarter, compared to analysts’ expectations of $41.06 billion. During the same quarter in the previous year, the business earned $3.78 EPS. The company’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 analysts expect that The Home Depot, Inc. will post 15.13 earnings per share for the current year.

Home Depot Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, December 18th. Stockholders of record on Thursday, December 4th were paid a dividend of $2.30 per share. The ex-dividend date was Thursday, December 4th. This represents a $9.20 annualized dividend and a dividend yield of 2.7%. 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.