The Home Depot, Inc. $HD Shares Purchased by Equitable Trust Co.

Equitable Trust Co. boosted its stake in shares of The Home Depot, Inc. (NYSE:HD) by 4.8% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 30,391 shares of the home improvement retailer’s stock after purchasing an additional 1,395 shares during the period. Equitable Trust Co.’s holdings in Home Depot were worth $12,314,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in HD. Norges Bank acquired a new position in Home Depot in the second quarter valued at $4,885,603,000. Laurel Wealth Advisors LLC raised 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 worth $3,694,552,000 after purchasing an additional 10,049,029 shares during the period. Vanguard Group Inc. lifted its stake 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 grew its holdings in shares of Home Depot by 11.1% during the 2nd quarter. Amundi now owns 7,903,550 shares of the home improvement retailer’s stock worth $2,938,935,000 after purchasing an additional 790,476 shares during the period. Finally, Voya Investment Management LLC grew its holdings in shares of Home Depot by 112.3% during the 3rd quarter. Voya Investment Management LLC now owns 1,444,128 shares of the home improvement retailer’s stock worth $585,147,000 after purchasing an additional 763,739 shares during the period. 70.86% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts recently commented on HD shares. Robert W. Baird raised their price target on shares of Home Depot from $400.00 to $430.00 and gave the company an “outperform” rating in a report on Tuesday, February 17th. DZ Bank reissued a “sell” rating on shares of Home Depot in a research note on Tuesday, November 18th. Morgan Stanley lifted their target price on shares of Home Depot from $395.00 to $412.00 and gave the company an “overweight” rating in a report on Thursday, January 15th. KGI Securities downgraded Home Depot from an “outperform” rating to a “hold” rating and set a $320.00 price target for the company. in a report on Wednesday, November 19th. Finally, Citigroup boosted their price objective on Home Depot from $407.00 to $450.00 and gave the stock a “buy” rating in a research note on Thursday, February 12th. Twenty-one equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $408.27.

Trending Headlines about Home Depot

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

• Positive Sentiment: Telsey Advisory Group reiterated an “Outperform” rating on HD, which supports investor confidence in the name. Telsey Reiterates Outperform
• Positive Sentiment: An earnings‑preview piece and a Yahoo Model suggest Home Depot could post an upside surprise at its upcoming quarter, giving some investors reasons to buy into the run‑up to results. Is Home Depot a ‘Buy’ Ahead of Earnings?
• Positive Sentiment: Marketing/seasonal activations (e.g., a “spring countdown” campaign) and pro‑business initiatives continue to support demand and brand engagement heading into spring selling season. TipRanks: Spring Countdown
• Neutral Sentiment: Analyst writeups (Zacks, Seeking Alpha) highlight Home Depot’s expanding Pro ecosystem, AI tools and specialty distribution as strategic advantages versus Lowe’s, but many analysts still view shares as fairly valued—useful context but no immediate catalyst. Zacks: HD vs LOW
• Neutral Sentiment: Personnel moves: a Home Depot executive surfaced in CFO hiring headlines (Yeti), signaling industry talent movement but limited direct impact on HD’s near‑term results. CFOs On the Move
• Neutral Sentiment: Macro/market context pieces note Home Depot’s upcoming earnings as a read on U.S. consumer and the housing market; these stories keep the name in focus but don’t change fundamentals. Nvidia Earnings, PPI, What to Watch
• Negative Sentiment: RBC warned HD’s fiscal Q4 is unlikely to be a “significant catalyst” and lowered its price target, moving to a more cautious stance—this analyst caution is pressuring upside expectations into results. RBC: Q4 Not a Catalyst StreetInsider: PT Lowered
• Negative Sentiment: Operational caution: reports say Home Depot tightened bonus payouts amid a housing slowdown, signaling management is bracing for softer demand—this is a direct negative on near‑term margin/comp assumptions. MSN: Stricter Bonuses

Home Depot Stock Performance

Shares of HD stock opened at $382.38 on Monday. 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 company’s fifty day moving average price is $369.26 and its two-hundred day moving average price is $380.21. The firm has a market capitalization of $380.66 billion, a P/E ratio of 26.07, a P/E/G ratio of 13.66 and a beta of 1.08. The Home Depot, Inc. has a 12 month low of $326.31 and a 12 month high of $426.75.

Insider Buying and Selling

In related news, 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 completion of the transaction, the executive vice president owned 3,941 shares of the company’s stock, valued at approximately $1,409,419.83. This represents a 33.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Teresa Wynn Roseborough sold 2,872 shares of Home Depot stock in a transaction that occurred 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 $4,599,069.92. This represents a 17.87% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 4,963 shares of company stock worth $1,748,845. 0.10% of the stock is currently owned by corporate insiders.

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.