Elefante Mark B Raises Holdings in The Home Depot, Inc. $HD

Elefante Mark B increased its stake in shares of The Home Depot, Inc. (NYSE:HD) by 15.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,576 shares of the home improvement retailer’s stock after acquiring an additional 1,520 shares during the period. Home Depot comprises 3.0% of Elefante Mark B’s holdings, making the stock its 12th largest position. Elefante Mark B’s holdings in Home Depot were worth $4,690,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of the stock. Financially Speaking Inc acquired a new position in shares of Home Depot in the 3rd quarter valued at $31,000. Sagard Holdings Management Inc. acquired a new stake in Home Depot during the second quarter valued at $29,000. LFA Lugano Financial Advisors SA purchased a new position in Home Depot in the second quarter valued at $32,000. Dougherty Wealth Advisers LLC purchased a new position in Home Depot in the third quarter valued at $38,000. Finally, AXS Investments LLC acquired a new position in shares of Home Depot in the third quarter worth about $38,000. 70.86% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Home Depot

In related news, EVP Ann Marie Campbell sold 145 shares of the business’s 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 transaction, the executive vice president directly owned 12,320 shares in the company, valued at approximately $4,413,763.20. The trade was a 1.16% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, EVP Teresa Wynn Roseborough sold 2,872 shares of the 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 of the company’s stock, valued at approximately $4,599,069.92. The trade was a 17.87% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 4,963 shares of company stock valued at $1,748,845 over the last 90 days. 0.10% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

HD has been the topic of a number of analyst reports. Weiss Ratings restated a “hold (c+)” rating on shares of Home Depot in a research report on Monday, December 29th. Wall Street Zen lowered Home Depot from a “hold” rating to a “sell” rating in a report on Friday, November 28th. Daiwa Securities Group upped their target price on Home Depot from $348.00 to $360.00 and gave the stock a “neutral” rating in a research note on Tuesday, December 16th. 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. Finally, Telsey Advisory Group reissued an “outperform” rating and issued a $410.00 price target on shares of Home Depot in a research note on Wednesday. Twenty-one equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $408.27.

Home Depot Stock Performance

NYSE HD opened at $378.33 on Friday. The company has a debt-to-equity ratio of 3.82, a current ratio of 1.05 and a quick ratio of 0.29. The stock’s 50 day simple moving average is $368.81 and its 200-day simple moving average is $380.29. The company has a market cap of $376.64 billion, a PE ratio of 25.79, a price-to-earnings-growth ratio of 13.70 and a beta of 1.08. The Home Depot, Inc. has a 1-year low of $326.31 and a 1-year high of $426.75.

Home Depot (NYSE:HD) last posted its quarterly earnings data 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 analyst estimates 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% compared to the same quarter last year. During the same period in the prior year, the company posted $3.78 earnings per share. As a group, equities research analysts anticipate that The Home Depot, Inc. will post 15.13 EPS for the current fiscal year.

Home Depot News Summary

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

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.