Conning Inc. Sells 11,990 Shares of The Home Depot, Inc. $HD

Conning Inc. lowered its position in The Home Depot, Inc. (NYSE:HD) by 12.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 84,455 shares of the home improvement retailer’s stock after selling 11,990 shares during the quarter. Home Depot comprises about 1.1% of Conning Inc.’s portfolio, making the stock its 28th largest position. Conning Inc.’s holdings in Home Depot were worth $34,220,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Mainstay Capital Management LLC ADV purchased a new position in Home Depot during the 2nd quarter valued at $263,000. WealthPlan Investment Management LLC purchased a new stake in Home Depot in the second quarter worth $1,149,000. Tower View Wealth Management LLC lifted 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 during the last quarter. Shell Asset Management Co. boosted its stake in shares of Home Depot by 45.2% during the second 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 period. Finally, Boston Trust Walden Corp boosted its stake in shares of Home Depot by 0.3% during the second quarter. Boston Trust Walden Corp now owns 42,376 shares of the home improvement retailer’s stock valued at $15,537,000 after purchasing an additional 127 shares during the period. 70.86% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the stock. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $362.00 price target on shares of Home Depot in a research note on Monday, November 24th. Wall Street Zen lowered shares of Home Depot from a “hold” rating to a “sell” rating in a research report on Friday, November 28th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Home Depot in a report on Monday, December 29th. DA Davidson dropped their price objective on Home Depot from $430.00 to $407.00 and set a “buy” rating on the stock in a research note on Wednesday, December 10th. Finally, Argus reduced their price objective on Home Depot from $450.00 to $425.00 and set a “buy” rating on the stock in a report on Thursday, November 20th. Twenty-one equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $402.10.

Insider Activity at Home Depot

In other Home Depot news, EVP Ann Marie Campbell sold 145 shares of the 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 completion of the sale, the executive vice president directly owned 12,320 shares of the company’s stock, valued at approximately $4,413,763.20. This represents a 1.16% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Teresa Wynn Roseborough sold 2,872 shares of the firm’s stock in a transaction dated Friday, December 26th. The shares were sold at an average price of $348.52, for a total transaction of $1,000,949.44. Following the completion of the sale, the executive vice president owned 13,196 shares in the company, valued at $4,599,069.92. This represents a 17.87% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 4,963 shares of company stock valued at $1,748,845 over the last quarter. 0.10% of the stock is owned by corporate insiders.

Home Depot Price Performance

NYSE HD opened at $375.62 on Thursday. The company has a market cap of $373.94 billion, a PE ratio of 25.60, a P/E/G ratio of 14.15 and a beta of 1.08. The firm’s 50 day moving average price is $354.45 and its 200-day moving average price is $378.01. 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 Home Depot, Inc. has a 52-week low of $326.31 and a 52-week high of $426.75.

Home Depot (NYSE:HD) last issued its quarterly earnings data 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). The business had revenue of $41.35 billion during the quarter, compared to the consensus estimate of $41.06 billion. Home Depot had a return on equity of 160.74% and a net margin of 8.77%.The business’s quarterly revenue was up 2.8% on a year-over-year basis. During the same period last year, the firm earned $3.78 EPS. Home Depot has set its FY 2025 guidance at 14.478-14.478 EPS. Sell-side analysts forecast that The Home Depot, Inc. will post 15.13 EPS for the current fiscal year.

Home Depot Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 18th. Investors of record on Thursday, December 4th were paid a dividend of $2.30 per share. This represents a $9.20 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date was Thursday, December 4th. Home Depot’s dividend payout ratio is 62.71%.

Home Depot News Roundup

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

• Positive Sentiment: Rilla partnership — The Home Depot announced a deal to deploy Rilla’s AI-powered coaching for store/service teams, which could boost frontline productivity, improve sales/service quality and drive incremental same-store performance over time. The Home Depot to Advance Customer Experience Using Rilla’s AI-Powered Coaching
• Positive Sentiment: Jim Cramer spotlight — Media coverage flagged by Jim Cramer highlighted Home Depot as a preferred way to play housing/exposure in certain trust portfolios, which can draw retail/institutional attention and support demand. Jim Cramer Highlights Home Depot as the Charitable Trust’s “Only Housing Exposure”
• Positive Sentiment: Value-rotation tailwind — Market commentary on a rotation from expensive tech into value names cites Home Depot as a defensive, dividend-paying consumer-stock beneficiary, which could attract flows if risk sentiment shifts away from growth. Tech Wreck or Valuation Reset? Rotating to Value in 2026 (HD)
• Positive Sentiment: Recent resilience — Market coverage noted HD rising on some sessions despite broader market weakness, signaling relative strength and investor appetite for defensive names. Home Depot (HD) Increases Despite Market Slip: Here’s What You Need to Know
• Neutral Sentiment: Valuation debate — Several pieces ask whether HD’s current valuation leaves upside limited for new buyers; these are analytical pieces that could slow momentum if investors decide the stock is fully priced. Is It Too Late To Consider Home Depot (HD) After Recent Valuation Signals
• Neutral Sentiment: Dividend appeal / Dogs of the Dow coverage — Inclusion in dividend-focused lists or Dow-themed screens highlights income investors’ interest but is unlikely to be a major short-term price driver. The Dogs of the Dow: 10 Downtrodden Dividends Paying Out Up to 6.8%
• Neutral Sentiment: Market timing lists — General “target/avoid” roundups for post-holiday trading reference macro volatility and sector rotation; they may influence short-term flows but offer no company-specific news. 25 Stocks to Target (and Avoid) After MLK Day
• Negative Sentiment: Investor skepticism on AI shopping plan — Coverage noted Home Depot’s stock slipped even after news of a new AI-driven shopping initiative, suggesting investors may be unimpressed by the plan’s near-term revenue/ROI implications or are more focused on macro/valuation headwinds. Home Depot Stock (NYSE:HD) Slips Despite New AI-Driven Shopping Plan

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.