Fidelis Capital Partners LLC Boosts Stock Position in The Home Depot, Inc. $HD

Fidelis Capital Partners LLC boosted its stake in The Home Depot, Inc. (NYSE:HD) by 20.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 15,763 shares of the home improvement retailer’s stock after purchasing an additional 2,729 shares during the quarter. Fidelis Capital Partners LLC’s holdings in Home Depot were worth $6,387,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Norges Bank bought a new stake in Home Depot during the 2nd quarter worth approximately $4,885,603,000. Laurel Wealth Advisors LLC grew its position in shares of Home Depot by 36,207.5% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 10,076,783 shares of the home improvement retailer’s stock valued at $3,694,552,000 after purchasing an additional 10,049,029 shares in the last quarter. Valeo Financial Advisors LLC increased its holdings in shares of Home Depot by 16,746.9% in the second quarter. Valeo Financial Advisors LLC now owns 4,537,880 shares of the home improvement retailer’s stock worth $1,663,768,000 after purchasing an additional 4,510,944 shares during the period. Vanguard Group Inc. raised its position in shares of Home Depot by 1.5% in the second quarter. Vanguard Group Inc. now owns 97,978,814 shares of the home improvement retailer’s stock worth $35,922,952,000 after buying an additional 1,494,615 shares in the last quarter. Finally, Amundi boosted its stake in Home Depot by 11.1% during the second quarter. Amundi now owns 7,903,550 shares of the home improvement retailer’s stock valued at $2,938,935,000 after buying an additional 790,476 shares during the period. 70.86% of the stock is currently owned by institutional investors.

Home Depot News Roundup

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

• Positive Sentiment: Management is cutting ~800 corporate roles to reduce overhead and speed decision‑making; investors may view this as a margin‑protecting step if revenue growth remains muted. Reuters: Home Depot to cut 800 corporate jobs
• Neutral Sentiment: The company is requiring corporate employees to return to the office five days a week, which management says should increase speed and alignment but could raise retention risks and execution costs in the near term. CNBC: Home Depot lays off 800 workers, says corporate employees will return to office 5 days a week
• Neutral Sentiment: Market analysts are mixed on HD’s trajectory — some see long‑term resilience due to scale and digital tools, while others point to near‑term headwinds from housing and margin pressure; this keeps consensus views and target prices split. Globe and Mail: Analysts Have Conflicting Sentiments on Home Depot
• Negative Sentiment: Home Depot reported an EPS miss and lowered near‑term outlook vs. past levels; combined with a sluggish housing market, that points to continued revenue and earnings pressure into 2026. Zacks: Is Home Depot Still a Long‑Term Winner Despite 2025 EPS Decline?
• Negative Sentiment: Shares have been trading down recently as investors digest the combination of weak top‑line momentum, cost actions and mixed analyst takes — near‑term volatility is likely until clearer sales/earnings trends emerge. Zacks: Home Depot Stock Declines While Market Improves

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. Guggenheim cut their price objective on Home Depot from $450.00 to $400.00 and set a “buy” rating for the company in a report on Thursday, November 20th. Jefferies Financial Group reiterated a “buy” rating and set a $424.00 target price on shares of Home Depot in a research report on Wednesday, December 10th. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $362.00 price objective on shares of Home Depot in a report on Monday, November 24th. TD Cowen upped their target price on shares of Home Depot from $410.00 to $450.00 and gave the stock a “buy” rating in a research report on Tuesday, January 20th. Finally, Daiwa Capital Markets increased their target price on Home Depot from $348.00 to $360.00 and gave the company a “neutral” rating in a research note on Tuesday, December 16th. Twenty-one equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $404.50.

Home Depot Price Performance

Shares of NYSE:HD opened at $375.30 on Thursday. The company has a quick ratio of 0.29, a current ratio of 1.05 and a debt-to-equity ratio of 3.82. The stock has a market cap of $373.61 billion, a PE ratio of 25.58, a PEG ratio of 14.18 and a beta of 1.08. The company’s fifty day moving average is $358.28 and its 200 day moving average is $378.72. The Home Depot, Inc. has a 52 week low of $326.31 and a 52 week high of $426.75.

Home Depot (NYSE:HD) last issued its earnings results on Tuesday, November 18th. The home improvement retailer reported $3.74 earnings per share for the quarter, missing the consensus estimate of $3.83 by ($0.09). The company had revenue of $41.35 billion for the quarter, compared to analysts’ expectations of $41.06 billion. Home Depot had a net margin of 8.77% and a return on equity of 160.74%. The company’s revenue was up 2.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $3.78 earnings per share. Home Depot has set its FY 2025 guidance at 14.478-14.478 EPS. Research analysts anticipate that The Home Depot, Inc. will post 15.13 earnings per share for the current year.

Home Depot Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, December 18th. Stockholders of record on Thursday, December 4th were issued a $2.30 dividend. The ex-dividend date was Thursday, December 4th. This represents a $9.20 annualized dividend and a dividend yield of 2.5%. Home Depot’s dividend payout ratio (DPR) is currently 62.71%.

Insider Buying and Selling

In related news, EVP Angie Brown sold 1,946 shares of the company’s stock in a transaction 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 $1,409,419.83. This represents a 33.06% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Teresa Wynn Roseborough sold 2,872 shares of the stock in a transaction 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 $4,599,069.92. The trade was a 17.87% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 4,963 shares of company stock valued at $1,748,845 over the last three months. 0.10% of the stock is owned by company 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.