The Home Depot, Inc. $HD Stock Sold by Howland Capital Management LLC

Howland Capital Management LLC lessened its holdings in The Home Depot, Inc. (NYSE:HD) by 42.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,728 shares of the home improvement retailer’s stock after selling 4,934 shares during the period. Howland Capital Management LLC’s holdings in Home Depot were worth $1,914,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. BlackRock Inc. acquired a new stake in Home Depot in the 2nd quarter valued at $28,771,247,000. State Street Corp increased its holdings in Home Depot by 1.1% in the 2nd quarter. State Street Corp now owns 47,175,026 shares of the home improvement retailer’s stock worth $16,637,688,000 after acquiring an additional 499,168 shares in the last quarter. Bank of America Corp DE acquired a new position in Home Depot during the second quarter worth $5,780,468,000. Bank of New York Mellon Corp purchased a new stake in Home Depot during the 2nd quarter worth approximately $2,777,396,000. Finally, Corient Private Wealth LP acquired a new stake in shares of Home Depot in the second quarter worth approximately $390,913,000. Hedge funds and other institutional investors own 70.86% of the company’s stock.

Home Depot News Summary

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

• Positive Sentiment: Home Depot added roughly $13 billion in market value in after-hours trading, reflecting strong investor demand and renewed confidence in the retailer. Home Depot Surges 4% After Hours, Adding $13 Billion in Market Value
• Positive Sentiment: Positive earnings and revenue estimate revisions are bringing Home Depot’s valuation back into focus. The shares have also moved above their 50-day moving average, while the company’s expansion into distribution could support longer-term growth and contractor sales. Home Depot Earnings Revisions Bring Its Valuation Story Back Into Focus
• Positive Sentiment: A technical analysis article highlights HD’s move above a historically bullish trendline, a signal that has often preceded further gains. Blue-Chip Stock Just Crossed Over Historically Bullish Trendline
• Positive Sentiment: Trefis argues that a key valuation metric makes Home Depot attractive, adding to the current bullish investment case. One Number That Makes Home Depot a Buy
• Neutral Sentiment: The Home Depot Foundation committed $1 billion through 2032 to veteran causes, including housing initiatives. The announcement strengthens the company’s social-impact profile but is unlikely to materially affect near-term earnings. The Home Depot Foundation Pledges $1 Billion to Veteran Causes by 2032
• Negative Sentiment: Analysts continue to flag risks from a sluggish housing market and weak affordability, which may delay large renovation projects. The larger distribution network could increase sales opportunities, but it also requires capital and may carry different margins. Home Depot Stuck Between Two Fundamental Issues

Insider Transactions at Home Depot

In other news, CAO Kimberly Scardino sold 675 shares of the company’s stock in a transaction on Thursday, September 10th. The stock was sold at an average price of $305.95, for a total value of $206,516.25. Following the completion of the sale, the chief accounting officer owned 8,189 shares in the company, valued at $2,505,424.55. This represents a 7.62% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CFO Richard McPhail sold 5,989 shares of the company’s stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $348.40, for a total value of $2,086,567.60. Following the completion of the transaction, the chief financial officer directly owned 48,104 shares in the company, valued at $16,759,433.60. This represents a 11.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 9,829 shares of company stock valued at $3,339,314 in the last quarter. Company insiders own 0.08% of the company’s stock.

Home Depot Stock Performance

NYSE:HD opened at $327.63 on Friday. The Home Depot, Inc. has a 1-year low of $277.15 and a 1-year high of $397.63. The firm has a 50-day moving average of $310.06 and a two-hundred day moving average of $323.91. The company has a debt-to-equity ratio of 2.64, a current ratio of 1.08 and a quick ratio of 0.31. The stock has a market cap of $326.87 billion, a P/E ratio of 22.93, a PEG ratio of 2.23 and a beta of 1.00.

Home Depot (NYSE:HD) last announced its quarterly earnings data on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share for the quarter, beating the consensus estimate of $4.73 by $0.19. Home Depot had a return on equity of 106.42% and a net margin of 8.41%. The firm had revenue of $47.86 billion during the quarter, compared to analyst estimates of $47.24 billion. During the same period in the previous year, the company earned $4.68 earnings per share. Home Depot’s quarterly revenue was up 5.7% on a year-over-year basis. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. On average, research analysts expect that The Home Depot, Inc. will post 15.01 earnings per share for the current fiscal year.

Home Depot Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd were issued a $2.33 dividend. The ex-dividend date was Thursday, September 3rd. This represents a $9.32 annualized dividend and a dividend yield of 2.8%. Home Depot’s dividend payout ratio (DPR) is 65.22%.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on HD. Argus restated a “buy” rating and issued a $400.00 target price on shares of Home Depot in a report on Wednesday, August 19th. Mizuho boosted their target price on shares of Home Depot from $385.00 to $390.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 19th. Jefferies Financial Group restated a “buy” rating and set a $398.00 target price on shares of Home Depot in a research report on Tuesday, August 18th. TD Cowen reissued a “buy” rating on shares of Home Depot in a report on Monday, August 10th. Finally, UBS Group reissued a “buy” rating on shares of Home Depot in a research note on Thursday, September 17th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Home Depot presently has an average rating of “Moderate Buy” and a consensus price target of $375.93.

Home Depot Company Profile

The Home Depot, Inc is a home improvement retailer serving do-it-yourself customers, professional contractors, and other building and maintenance professionals. The company sells a broad selection of building materials, hardware, tools, appliances, paint, plumbing and electrical supplies, flooring, lighting, lawn and garden products, and home décor.

In addition to merchandise, Home Depot offers services such as product delivery, tool and equipment rental, credit services, and installation for selected products.