Metis Global Partners LLC Reduces Stock Holdings in The Home Depot, Inc. $HD

Metis Global Partners LLC lessened its stake in shares of The Home Depot, Inc. (NYSE:HD) by 4.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 57,139 shares of the home improvement retailer’s stock after selling 2,643 shares during the quarter. Home Depot comprises about 0.5% of Metis Global Partners LLC’s holdings, making the stock its 26th biggest holding. Metis Global Partners LLC’s holdings in Home Depot were worth $23,152,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of HD. Norges Bank acquired a new position in Home Depot in the second quarter valued at $4,885,603,000. Laurel Wealth Advisors LLC lifted its holdings in shares of Home Depot by 36,207.5% in 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 during the last quarter. Vanguard Group Inc. lifted its holdings in shares of Home Depot by 1.5% in the 2nd quarter. Vanguard Group Inc. now owns 97,978,814 shares of the home improvement retailer’s stock valued at $35,922,952,000 after purchasing an additional 1,494,615 shares during the last quarter. Amundi boosted its position in shares of Home Depot by 11.1% in the 2nd quarter. Amundi now owns 7,903,550 shares of the home improvement retailer’s stock valued at $2,938,935,000 after purchasing an additional 790,476 shares during the period. Finally, Voya Investment Management LLC grew its stake in Home Depot by 112.3% during the 3rd quarter. Voya Investment Management LLC now owns 1,444,128 shares of the home improvement retailer’s stock worth $585,147,000 after buying an additional 763,739 shares during the last quarter. Institutional investors and hedge funds own 70.86% of the company’s stock.

Home Depot Stock Down 0.1%

Shares of NYSE:HD opened at $390.13 on Friday. The Home Depot, Inc. has a fifty-two week low of $326.31 and a fifty-two week high of $426.75. 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 firm’s 50-day simple moving average is $365.43 and its 200-day simple moving average is $379.88. The company has a market cap of $388.38 billion, a price-to-earnings ratio of 26.59, a PEG ratio of 13.95 and a beta of 1.08.

Home Depot (NYSE:HD) last posted its quarterly earnings results on Tuesday, November 18th. The home improvement retailer reported $3.74 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.83 by ($0.09). The firm had revenue of $41.35 billion for the quarter, compared to analysts’ expectations of $41.06 billion. Home Depot had a return on equity of 160.74% and a net margin of 8.77%.The company’s revenue for the quarter was up 2.8% on a year-over-year basis. During the same period 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. As a group, equities research analysts predict that The Home Depot, Inc. will post 15.13 earnings per share for the current year.

Home Depot Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 18th. Stockholders of record on Thursday, December 4th were issued a $2.30 dividend. This represents a $9.20 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend was Thursday, December 4th. Home Depot’s dividend payout ratio (DPR) is currently 62.71%.

Insider Activity

In other Home Depot news, EVP Ann Marie Campbell sold 145 shares of the stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $358.26, for a total value of $51,947.70. Following the completion of the transaction, the executive vice president owned 12,320 shares in the company, valued at approximately $4,413,763.20. This represents a 1.16% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Angie Brown sold 1,946 shares of the business’s stock in a transaction on Friday, December 12th. The stock was sold at an average price of $357.63, for a total transaction of $695,947.98. Following the sale, the executive vice president owned 3,941 shares in the company, valued at $1,409,419.83. The trade was a 33.06% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 4,963 shares of company stock valued at $1,748,845 in the last three months. 0.10% of the stock is currently owned by company insiders.

Key Headlines Impacting Home Depot

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

• Positive Sentiment: Zacks upgraded HD from “strong sell” to “hold,” which reduces near-term sell-side pressure and can support the share price or stabilize sentiment. Zacks Upgrade
• Positive Sentiment: Options traders and retail-focused writeups (Investors Business Daily) are highlighting bullish option strategies as HD approaches a technical breakout — a sign of growing short-term bullish positioning that can amplify upside if earnings/consensus catalysts follow through. As Home Depot Stock Nears Breakout, Here’s A Bullish Option Play
• Neutral Sentiment: Investor letters and narrative pieces (Carillon Tower/InsiderMonkey, Yahoo finance coverage) are re-evaluating whether to hold HD within diversified portfolios after 2025 market moves; these are broad context pieces that rarely move the stock by themselves. Should You Hold The Home Depot (HD)?
• Neutral Sentiment: Analyst roundups (The Globe and Mail) offering sector comparisons and model updates provide background on consensus expectations but contain no single major revision. Analysts Offer Insights on Consumer Cyclical Companies
• Negative Sentiment: Gordon Haskett raised its price target to $370 from $330 but kept a “hold” rating — the new $370 PT still implies downside versus the current share level, which can be interpreted as limited upside from here and may weigh on momentum. Gordon Haskett Adjusts Price Target on Home Depot TickerReport
• Negative Sentiment: Reuters reports that Brad Jacobs’ QXO is buying Kodiak for ~$2.25B to build a larger building-products distributor aimed at Home Depot and Lowe’s — increased distribution consolidation and a more aggressive pro-channel competitor could pressure Home Depot’s pro-sales growth and margins over time. Jacobs’ QXO to buy Kodiak

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. Morgan Stanley boosted their price objective on Home Depot from $395.00 to $412.00 and gave the company an “overweight” rating in a research note on Thursday, January 15th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $413.00 target price on shares of Home Depot in a report on Wednesday, December 10th. DZ Bank reiterated a “sell” rating on shares of Home Depot in a research note on Tuesday, November 18th. Bank of America dropped their price objective on shares of Home Depot from $450.00 to $430.00 and set a “buy” rating on the stock in a research note on Wednesday, November 19th. Finally, Telsey Advisory Group reduced their target price on shares of Home Depot from $430.00 to $410.00 and set an “outperform” rating for the company in a report on Wednesday, December 10th. Twenty-one investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $407.23.

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.