10,381 The Home Depot, Inc. $HD Shares Bought by Kestra Advisory Services LLC

Kestra Advisory Services LLC increased its position in shares of The Home Depot, Inc. (NYSE:HD) by 5.9% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 185,062 shares of the home improvement retailer’s stock after acquiring an additional 10,381 shares during the period. Kestra Advisory Services LLC’s holdings in Home Depot were worth $52,648,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Zeit Capital LLC acquired a new stake in shares of Home Depot during the second quarter valued at about $26,000. Next Level Wealth Planning LLC bought a new stake in shares of Home Depot during the third quarter worth about $28,000. Principia Wealth Advisory LLC grew its holdings in shares of Home Depot by 60.4% during the second quarter. Principia Wealth Advisory LLC now owns 85 shares of the home improvement retailer’s stock worth $30,000 after purchasing an additional 32 shares during the last quarter. Navigoe LLC acquired a new position in shares of Home Depot in the second quarter valued at approximately $32,000. Finally, Livelsberger Financial Advisory acquired a new position in shares of Home Depot in the third quarter valued at approximately $32,000. Institutional investors and hedge funds own 70.86% of the company’s stock.

Insider Buying and Selling at Home Depot

In other Home Depot news, CAO Kimberly R. Scardino sold 675 shares of Home Depot stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of $305.95, for a total transaction of $206,516.25. Following the completion of the transaction, the chief accounting officer owned 8,189 shares in the company, valued at approximately $2,505,424.55. The trade was a 7.62% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Teresa Roseborough sold 2,455 shares of the business’s stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $328.77, for a total value of $807,130.35. Following the sale, the executive vice president directly owned 14,061 shares of the company’s stock, valued at $4,622,834.97. This represents a 14.86% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 9,829 shares of company stock worth $3,339,314. 0.08% of the stock is currently owned by insiders.

Home Depot Stock Down 1.8%

Shares of HD stock traded down $6.46 on Friday, reaching $343.48. 5,519,119 shares of the company were exchanged, compared to its average volume of 4,736,680. The company has a market cap of $342.69 billion, a price-to-earnings ratio of 24.04, a PEG ratio of 2.43 and a beta of 0.93. The company has a 50-day moving average of $309.42 and a 200-day moving average of $334.08. 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 Home Depot, Inc. has a one year low of $277.15 and a one year high of $397.63.

Home Depot (NYSE:HD) last released its quarterly earnings data on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share 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 net margin of 8.41% and a return on equity of 106.42%. The business’s quarterly revenue was up 5.7% compared to the same quarter last year. During the same period last year, the firm earned $4.68 earnings per share. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. Analysts anticipate that The Home Depot, Inc. will post 15.01 earnings per share for the current year.

Home Depot Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 17th. Investors of record on Thursday, September 3rd were issued a $2.33 dividend. This represents a $9.32 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date was Thursday, September 3rd. Home Depot’s dividend payout ratio is currently 65.22%.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on HD shares. UBS Group reiterated a “buy” rating on shares of Home Depot in a report on Thursday, September 17th. Truist Financial boosted their target price on shares of Home Depot from $369.00 to $373.00 and gave the stock a “buy” rating in a report on Wednesday, August 19th. Mizuho upped their price target on shares of Home Depot from $385.00 to $390.00 and gave the company an “outperform” rating in a research report on Wednesday, August 19th. Royal Bank Of Canada dropped their price target on shares of Home Depot from $343.00 to $342.00 and set a “sector perform” rating for the company in a research note on Wednesday, August 19th. Finally, Stifel Nicolaus cut their price target on shares of Home Depot from $346.00 to $322.00 and set a “hold” rating on the stock in a report on Monday, October 26th. One analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $375.31.

About Home Depot

The Home Depot, Inc is a home improvement retailer serving do-it-yourself customers, professional contractors and other businesses. The company sells building materials, tools, hardware, appliances, paint, flooring, and products for home maintenance, repair and renovation, as well as lawn and garden supplies.

In addition to its retail stores and online channels, Home Depot offers services such as product delivery, equipment rental and home improvement installation. The company was founded in 1978 and is headquartered in Atlanta, Georgia.