Fiera Capital Corp Acquires 4,245 Shares of The Home Depot, Inc. $HD

Fiera Capital Corp grew its holdings in shares of The Home Depot, Inc. (NYSE:HD) by 18.2% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 27,624 shares of the home improvement retailer’s stock after purchasing an additional 4,245 shares during the period. Fiera Capital Corp’s holdings in Home Depot were worth $11,193,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Midland Wealth Advisors LLC raised its stake in Home Depot by 2.0% during the third quarter. Midland Wealth Advisors LLC now owns 5,522 shares of the home improvement retailer’s stock valued at $2,237,000 after buying an additional 106 shares during the last quarter. VeraBank N.A. increased its holdings in shares of Home Depot by 10.8% during the third quarter. VeraBank N.A. now owns 2,068 shares of the home improvement retailer’s stock valued at $838,000 after acquiring an additional 202 shares in the last quarter. Mcrae Capital Management Inc. raised its position in shares of Home Depot by 8.6% in the 3rd quarter. Mcrae Capital Management Inc. now owns 1,886 shares of the home improvement retailer’s stock worth $764,000 after purchasing an additional 150 shares during the last quarter. Burling Wealth Partners LLC raised its position in shares of Home Depot by 8.4% in the 3rd quarter. Burling Wealth Partners LLC now owns 12,354 shares of the home improvement retailer’s stock worth $5,006,000 after purchasing an additional 957 shares during the last quarter. Finally, King Luther Capital Management Corp boosted its stake in Home Depot by 0.5% in the 3rd quarter. King Luther Capital Management Corp now owns 1,233,298 shares of the home improvement retailer’s stock worth $499,720,000 after purchasing an additional 5,555 shares in the last quarter. Hedge funds and other institutional investors own 70.86% of the company’s stock.

Insider Activity

In related news, EVP Angie Brown sold 1,946 shares of the business’s stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $357.63, for a total transaction of $695,947.98. Following the completion of the sale, the executive vice president directly owned 3,941 shares in the company, valued at approximately $1,409,419.83. The trade was a 33.06% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Teresa Wynn Roseborough sold 2,872 shares of the company’s 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 directly owned 13,196 shares of the company’s stock, valued at approximately $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. Insiders sold 4,963 shares of company stock valued at $1,748,845 in the last quarter. 0.10% of the stock is currently owned by insiders.

Key Stories Impacting 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

Analysts Set New Price Targets

A number of analysts have weighed in on HD shares. Telsey Advisory Group restated an “outperform” rating and set a $410.00 price objective on shares of Home Depot in a research note on Wednesday. Wolfe Research cut their price target on shares of Home Depot from $415.00 to $414.00 and set an “outperform” rating on the stock in a report on Wednesday, February 4th. Citigroup boosted their price objective on shares of Home Depot from $407.00 to $450.00 and gave the stock a “buy” rating in a report on Thursday, February 12th. JPMorgan Chase & Co. cut their target price on Home Depot from $444.00 to $423.00 and set an “overweight” rating on the stock in a research note on Wednesday, November 19th. Finally, HSBC reduced their target price on Home Depot from $445.00 to $400.00 and set a “hold” rating for the company in a report on Wednesday, November 19th. Twenty-one equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Home Depot has an average rating of “Moderate Buy” and an average target price of $408.27.

Home Depot Price Performance

Shares of HD opened at $382.38 on Friday. The firm has a fifty day simple moving average of $369.26 and a two-hundred day simple moving average of $380.29. The firm has a market cap of $380.66 billion, a PE ratio of 26.07, a P/E/G ratio of 13.53 and a beta of 1.08. The company has a current ratio of 1.05, a quick ratio of 0.29 and a debt-to-equity ratio of 3.82. 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 issued 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). Home Depot had a return on equity of 160.74% and a net margin of 8.77%.The firm had revenue of $41.35 billion during the quarter, compared to the consensus estimate of $41.06 billion. During the same period in the previous year, the firm earned $3.78 EPS. The business’s revenue was up 2.8% on a year-over-year basis. On average, equities analysts anticipate that The Home Depot, Inc. will post 15.13 EPS for the current year.

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.