Cullinan Associates Inc. Sells 2,044 Shares of The Home Depot, Inc. $HD

Cullinan Associates Inc. trimmed its holdings in The Home Depot, Inc. (NYSE:HD) by 6.2% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 30,997 shares of the home improvement retailer’s stock after selling 2,044 shares during the quarter. Cullinan Associates Inc.’s holdings in Home Depot were worth $12,560,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in HD. Legend Financial Advisors Inc. bought a new stake in shares of Home Depot during the second quarter valued at approximately $28,000. Sagard Holdings Management Inc. acquired a new position in Home Depot during the 2nd quarter worth $29,000. LFA Lugano Financial Advisors SA acquired a new position in Home Depot during the 2nd quarter worth $32,000. Legacy Investment Solutions LLC bought a new position in Home Depot in the 2nd quarter valued at $35,000. Finally, Dougherty Wealth Advisers LLC acquired a new stake in shares of Home Depot in the 3rd quarter valued at $38,000. Institutional investors own 70.86% of the company’s stock.

Home Depot Stock Performance

Shares of NYSE:HD opened at $375.62 on Thursday. The firm’s 50 day simple moving average is $354.45 and its 200 day simple moving average is $378.01. The Home Depot, Inc. has a fifty-two week low of $326.31 and a fifty-two week high of $426.75. The company has a market capitalization of $373.94 billion, a price-to-earnings ratio of 25.60, a P/E/G ratio of 14.15 and a beta of 1.08. 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 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). The firm had revenue of $41.35 billion during the quarter, compared to the consensus estimate of $41.06 billion. Home Depot had a net margin of 8.77% and a return on equity of 160.74%. The firm’s revenue for the quarter was up 2.8% on a year-over-year basis. During the same period in the previous year, the company posted $3.78 EPS. Home Depot has set its FY 2025 guidance at 14.478-14.478 EPS. As a group, sell-side analysts forecast that The Home Depot, Inc. will post 15.13 earnings per share for the current year.

Home Depot Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 18th. Investors of record on Thursday, December 4th were given 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 2.4%. Home Depot’s dividend payout ratio is currently 62.71%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on HD shares. Evercore ISI cut their price target on Home Depot from $450.00 to $425.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 19th. Wolfe Research upped their target price on shares of Home Depot from $414.00 to $415.00 and gave the company an “outperform” rating in a research report on Monday, December 22nd. Wall Street Zen cut shares of Home Depot from a “hold” rating to a “sell” rating in a research report on Friday, November 28th. Guggenheim dropped their price target on shares of Home Depot from $450.00 to $400.00 and set a “buy” rating for the company in a research note on Thursday, November 20th. Finally, Sanford C. Bernstein restated a “market perform” rating and issued a $362.00 price objective on shares of Home Depot in a report on Monday, November 24th. Twenty-one investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $402.10.

Key Home Depot News

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

Insider Buying and Selling

In related news, EVP Teresa Wynn Roseborough sold 2,872 shares of the firm’s stock in a transaction on Friday, December 26th. The stock was sold at an average price of $348.52, for a total transaction of $1,000,949.44. Following the sale, the executive vice president owned 13,196 shares of the company’s stock, valued at approximately $4,599,069.92. This trade represents a 17.87% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Angie Brown sold 1,946 shares of the business’s stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $357.63, for a total value of $695,947.98. Following the completion of the transaction, the executive vice president directly owned 3,941 shares of the company’s stock, valued at approximately $1,409,419.83. The trade was a 33.06% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 4,963 shares of company stock valued at $1,748,845. 0.10% of the stock is owned by company insiders.

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.