The Home Depot, Inc. $HD Shares Bought by Cerity Partners LLC

Cerity Partners LLC raised its stake in shares of The Home Depot, Inc. (NYSE:HD) by 0.9% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 762,518 shares of the home improvement retailer’s stock after buying an additional 6,968 shares during the period. Cerity Partners LLC owned about 0.08% of Home Depot worth $308,948,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of HD. Mainstay Capital Management LLC ADV acquired a new stake in Home Depot in the 2nd quarter worth about $263,000. WealthPlan Investment Management LLC acquired a new stake in shares of Home Depot in the second quarter worth approximately $1,149,000. Tower View Wealth Management LLC increased its position in shares of Home Depot by 4.3% during the second quarter. Tower View Wealth Management LLC now owns 16,196 shares of the home improvement retailer’s stock worth $5,938,000 after purchasing an additional 671 shares in the last quarter. Ransom Advisory Ltd acquired a new position in Home Depot in the 1st quarter valued at $3,851,000. Finally, Shell Asset Management Co. raised its stake in Home Depot by 45.2% in the 2nd quarter. Shell Asset Management Co. now owns 48,175 shares of the home improvement retailer’s stock valued at $17,663,000 after purchasing an additional 15,002 shares during the last quarter. Hedge funds and other institutional investors own 70.86% of the company’s stock.

Insider Activity

In related news, EVP Teresa Wynn Roseborough sold 2,872 shares of the business’s stock in a transaction on 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 sale, the executive vice president owned 13,196 shares in the company, valued at approximately $4,599,069.92. The trade was a 17.87% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Angie Brown sold 1,946 shares of the 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 transaction, 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 disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 4,963 shares of company stock valued at $1,748,845. 0.10% of the stock is currently owned by corporate insiders.

Key Home Depot News

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

• Positive Sentiment: Investor rotation into cash‑rich retailers and a stronger-than-expected renovation trend could boost Home Depot’s sales and investor appetite for defensive retail names; this theme is being cited as a supportive factor. Investor Shift To Cash-Rich Retailers And Renovation Trend Could Be A Game Changer For Home Depot (HD)
• Positive Sentiment: Local ICE enforcement developments (a Phoenix raid) appear to have eased a near-term labor disruption risk narrative for Home Depot, which traders have interpreted as a modest tailwind. Phoenix Raid Lands Four Day Laborers, Home Depot Stock Notches Up
• Positive Sentiment: Recent analyst/market coverage highlighted a short‑term uptick in the shares and key technical moves, which can attract momentum buyers. Home Depot (HD) Rises Higher Than Market: Key Facts
• Neutral Sentiment: Unusual options activity has been reported around HD; options flow can signal speculative positioning but does not establish direction for fundamentals. Home Depot Unusual Options Activity
• Neutral Sentiment: Longer-form analysis frames Home Depot as a potential turnaround/“fixer‑upper” given consumer headwinds (student loans, rising healthcare costs, softer labor market) but stops short of near‑term bullishness — useful context for longer‑term investors. Home Depot: A Fixer-Upper Amid Student Loans, Rising Healthcare Premiums, And Soft Labor Market
• Negative Sentiment: Home Depot issued FY2025 EPS guidance of 14.478 (single-point) and revenue guidance of ~$164.3B, both slightly below consensus — a primary near‑term negative catalyst that pressures valuation and expectations.
• Negative Sentiment: Pomerantz LLP announced an investor investigation into Home Depot, which raises potential legal/financial risk and tends to weigh on investor sentiment until resolved. Pomerantz Law Firm Investigates Claims On Behalf of Investors of The Home Depot, Inc.
• Negative Sentiment: Coverage noted Home Depot underperformed peers on a relative basis despite an intra‑day gain, signaling investor caution versus competitors. Home Depot Inc. stock underperforms Tuesday when compared to competitors despite daily gains

Home Depot Trading Down 0.1%

NYSE HD opened at $349.09 on Thursday. The Home Depot, Inc. has a 12 month low of $326.31 and a 12 month high of $426.75. The stock has a market capitalization of $347.53 billion, a P/E ratio of 23.80, a PEG ratio of 13.01 and a beta of 1.08. The firm’s 50-day moving average is $355.04 and its two-hundred day moving average is $377.63. The company has a debt-to-equity ratio of 3.82, a current ratio of 1.05 and a quick ratio of 0.29.

Home Depot (NYSE:HD) last released its quarterly earnings results on Tuesday, November 18th. The home improvement retailer reported $3.74 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.83 by ($0.09). The company had revenue of $41.35 billion during the quarter, compared to analysts’ expectations of $41.06 billion. Home Depot had a net margin of 8.77% and a return on equity of 160.74%. Home Depot’s revenue was up 2.8% on a year-over-year basis. During the same period last year, the firm posted $3.78 earnings per share. Home Depot has set its FY 2025 guidance at 14.478-14.478 EPS. On average, sell-side analysts anticipate that The Home Depot, Inc. will post 15.13 earnings per share for the current year.

Home Depot Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, December 18th. Stockholders of record on Thursday, December 4th were given a dividend of $2.30 per share. This represents a $9.20 annualized dividend and a dividend yield of 2.6%. The ex-dividend date was Thursday, December 4th. Home Depot’s dividend payout ratio (DPR) is currently 62.71%.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on HD. HSBC dropped their target price on shares of Home Depot from $445.00 to $400.00 and set a “hold” rating for the company in a report on Wednesday, November 19th. Guggenheim cut their price objective on shares of Home Depot from $450.00 to $400.00 and set a “buy” rating for the company in a report on Thursday, November 20th. Weiss Ratings reissued a “hold (c+)” rating on shares of Home Depot in a research note on Monday, December 29th. Bank of America dropped their price target on Home Depot from $450.00 to $430.00 and set a “buy” rating for the company in a research report on Wednesday, November 19th. Finally, KGI Securities downgraded Home Depot from an “outperform” rating to a “hold” rating and set a $320.00 price objective on the stock. in a research report on Wednesday, November 19th. Twenty-one research 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’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $402.10.

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.