Factory Mutual Insurance Co. Raises Position in The Home Depot, Inc. $HD

Factory Mutual Insurance Co. boosted its position in The Home Depot, Inc. (NYSE:HD) by 32.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 123,400 shares of the home improvement retailer’s stock after purchasing an additional 30,000 shares during the period. Factory Mutual Insurance Co.’s holdings in Home Depot were worth $50,000,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in HD. Norges Bank acquired a new stake in Home Depot in the second quarter valued at $4,885,603,000. Laurel Wealth Advisors LLC increased its holdings in shares of Home Depot by 36,207.5% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 10,076,783 shares of the home improvement retailer’s stock valued at $3,694,552,000 after purchasing an additional 10,049,029 shares in the last quarter. Vanguard Group Inc. increased its holdings in shares of Home Depot by 1.5% in 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 purchasing an additional 1,494,615 shares in the last quarter. Amundi lifted its stake in shares of Home Depot by 11.1% in the second quarter. Amundi now owns 7,903,550 shares of the home improvement retailer’s stock valued at $2,938,935,000 after purchasing an additional 790,476 shares during the period. Finally, Voya Investment Management LLC boosted its holdings in Home Depot by 112.3% during the third quarter. Voya Investment Management LLC now owns 1,444,128 shares of the home improvement retailer’s stock worth $585,147,000 after buying an additional 763,739 shares in the last quarter. Institutional investors and hedge funds own 70.86% of the company’s stock.

Home Depot Price Performance

Home Depot stock opened at $378.33 on Friday. The Home Depot, Inc. has a 1 year low of $326.31 and a 1 year high of $426.75. 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 firm has a 50 day moving average price of $368.81 and a 200 day moving average price of $380.29. The company has a market cap of $376.64 billion, a price-to-earnings ratio of 25.79, a PEG ratio of 13.70 and a beta of 1.08.

Home Depot (NYSE:HD) last announced its quarterly 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 for the quarter, compared to analyst estimates of $41.06 billion. Home Depot had a return on equity of 160.74% and a net margin of 8.77%.The business’s revenue was up 2.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $3.78 earnings per share. Sell-side analysts predict that The Home Depot, Inc. will post 15.13 earnings per share for the current year.

Insider Activity

In other news, EVP Teresa Wynn Roseborough sold 2,872 shares of Home Depot stock in a transaction that occurred on 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 sale, the executive vice president owned 13,196 shares in the company, valued at $4,599,069.92. This trade represents a 17.87% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Ann Marie Campbell sold 145 shares of the business’s stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $358.26, for a total transaction of $51,947.70. Following the completion of the transaction, the executive vice president owned 12,320 shares in the company, valued at $4,413,763.20. This represents a 1.16% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 4,963 shares of company stock valued at $1,748,845. Company insiders own 0.10% of the company’s stock.

Key Home Depot News

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

• Positive Sentiment: Telsey Advisory Group reaffirmed an “outperform” rating with a $410 price target, providing upside support by signaling confidence in HD’s longer‑term growth. Telsey Reaffirmation
• Positive Sentiment: Analysts note Home Depot’s expanding Pro ecosystem, investments in AI project tools and specialty distribution as competitive advantages vs. Lowe’s that could drive market share and higher-margin sales if Pro demand holds. HD vs LOW Upside
• Neutral Sentiment: Brokerage consensus remains cautiously constructive (moderate buy consensus) ahead of Q4; investors are watching same‑store trends, gross margin contributions, and Pro sales to set guidance expectations. Consensus Rating
• Neutral Sentiment: Several pre‑earnings previews and estimate rundowns highlight that sales and EPS are expected to be down year‑over‑year; the quarter is viewable as a binary event — a minor beat (or guidance lift) could reverse negative sentiment. Q4 Preview
• Neutral Sentiment: Wall Street estimate breakdowns and previews emphasize metrics beyond headline revenue/EPS (GMS, Pro penetration), which could amplify stock moves post‑release depending on detail in comp and margin drivers. Wall Street Estimates
• Negative Sentiment: RBC lowered its price target (from $366 to $363) and set a “sector perform” rating, which may pressure the stock by signaling limited near‑term upside from current levels. RBC PT Cut
• Negative Sentiment: Reports that Home Depot has tightened bonus access and adjusted incentive rules (and recent firings) are being read two ways: cost control for margins, but also a sign managers are bracing for softer demand — the news is weighing on sentiment near term. Bonuses Tightened
• Neutral Sentiment: Media mentions (including Jim Cramer coverage) keep HD in the spotlight but are unlikely to move the stock absent fresh fundamentals or guidance changes. Media Coverage

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. Royal Bank Of Canada reduced their price target on shares of Home Depot from $366.00 to $363.00 and set a “sector perform” rating for the company in a research report on Thursday. Wolfe Research decreased their target price on Home Depot from $415.00 to $414.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 4th. Telsey Advisory Group reissued an “outperform” rating and issued a $410.00 target price on shares of Home Depot in a report on Wednesday. Sanford C. Bernstein raised their price target on Home Depot from $362.00 to $381.00 and gave the company a “market perform” rating in a research report on Wednesday. Finally, Guggenheim decreased their price objective on shares of Home Depot from $450.00 to $400.00 and set a “buy” rating on the stock in a research report on Thursday, November 20th. Twenty-one investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Home Depot currently has an average rating of “Moderate Buy” and a consensus target price of $408.27.

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.