1,755 Shares of The Home Depot, Inc. $HD Bought by T3 Companies LLC

T3 Companies LLC bought a new position in shares of The Home Depot, Inc. (NYSE:HD) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,755 shares of the home improvement retailer’s stock, valued at approximately $499,000.

Several other institutional investors have also recently bought and sold shares of the business. BlackRock Inc. acquired a new stake in Home Depot in the second quarter valued at approximately $28,771,247,000. Bank of America Corp DE bought a new position in shares of Home Depot in the 2nd quarter valued at $5,780,468,000. Bank of New York Mellon Corp acquired a new stake in shares of Home Depot during the 2nd quarter valued at $2,777,396,000. Corient Private Wealth LP acquired a new stake in shares of Home Depot during the 2nd quarter valued at $390,913,000. Finally, Legal & General Group Plc bought a new stake in Home Depot during the 2nd quarter worth $1,953,883,000. Institutional investors and hedge funds own 70.86% of the company’s stock.

Insider Buying and Selling

In related news, EVP Michael Rowe sold 710 shares of the company’s stock in a transaction that occurred on Wednesday, August 26th. The stock was sold at an average price of $336.76, for a total value of $239,099.60. Following the sale, the executive vice president directly owned 6,838 shares in the company, valued at $2,302,764.88. This represents a 9.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CAO Kimberly Scardino sold 675 shares of the stock in a transaction that occurred on Thursday, September 10th. The shares were sold at an average price of $305.95, for a total transaction of $206,516.25. Following the sale, the chief accounting officer directly owned 8,189 shares of the company’s stock, valued at $2,505,424.55. This represents a 7.62% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 9,829 shares of company stock valued at $3,339,314. Insiders own 0.08% of the company’s stock.

Key Stories Impacting Home Depot

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

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Home Depot in a report on Friday, October 2nd. Stifel Nicolaus lifted their price target on Home Depot from $320.00 to $340.00 and gave the company a “hold” rating in a research note on Monday, August 17th. Mizuho upped their price objective on Home Depot from $385.00 to $390.00 and gave the company an “outperform” rating in a research note on Wednesday, August 19th. KeyCorp reiterated a “sector weight” rating on shares of Home Depot in a report on Wednesday, August 19th. Finally, Wells Fargo & Company lifted their target price on shares of Home Depot from $360.00 to $400.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 11th. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $375.93.

Home Depot Stock Up 4.3%

Shares of NYSE:HD opened at $327.63 on Friday. The firm has a market cap of $326.87 billion, a P/E ratio of 22.93, a P/E/G ratio of 2.23 and a beta of 1.00. The Home Depot, Inc. has a 12-month low of $277.15 and a 12-month high of $397.63. The business has a fifty day simple moving average of $310.06 and a 200 day simple moving average of $323.91. The company has a quick ratio of 0.31, a current ratio of 1.08 and a debt-to-equity ratio of 2.64.

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

Home Depot Announces Dividend

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

About Home Depot

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.