QRG Capital Management Inc. Lowers Holdings in The Home Depot, Inc. $HD

QRG Capital Management Inc. lowered its holdings in The Home Depot, Inc. (NYSE:HD) by 14.0% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 139,498 shares of the home improvement retailer’s stock after selling 22,781 shares during the quarter. Home Depot accounts for 0.7% of QRG Capital Management Inc.’s holdings, making the stock its 22nd largest holding. QRG Capital Management Inc.’s holdings in Home Depot were worth $56,523,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of HD. Legend Financial Advisors Inc. bought a new position in shares of Home Depot in the 2nd quarter worth about $28,000. Sagard Holdings Management Inc. bought a new position in shares of Home Depot during the second quarter worth about $29,000. LFA Lugano Financial Advisors SA acquired a new stake in shares of Home Depot in the 2nd quarter worth about $32,000. Dougherty Wealth Advisers LLC bought a new stake in Home Depot in the 3rd quarter valued at about $38,000. Finally, Marquette Asset Management LLC bought a new stake in Home Depot in the 3rd quarter valued at about $38,000. 70.86% of the stock is currently owned by hedge funds and other institutional investors.

Home Depot News Roundup

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

• Positive Sentiment: Wall Street analysts are showing renewed optimism on HD, which can boost buyer interest and support the stock. Wall Street Bulls Look Optimistic About Home Depot (HD): Should You Buy?
• Positive Sentiment: Home Depot is expanding its AI efforts—moves that investors view as potential drivers of better e-commerce personalization, operational efficiency and margin resilience. Home Depot Deepens Push Into AI
• Positive Sentiment: Yield-focused investors may be attracted by HD’s dividend profile and inclusion in dividend-themed lists, supporting demand from income investors. The Dogs of the Dow: 10 Downtrodden Dividends Paying Out Up to 6.8%
• Neutral Sentiment: Unusual options activity and large trades have been reported—this shows institutional interest but is ambiguous for directional conviction. Market Whales and Their Recent Bets on Home Depot Options
• Neutral Sentiment: Independent valuation work (DCF) and weekly model updates are circulating; these provide context on fair value but don’t change fundamentals immediately. The Home Depot, Inc.: Our Calculation Of Intrinsic Value
• Neutral Sentiment: A reported sale of HD stock by Rep. Gilbert Ray Cisneros, Jr. was disclosed—insider selling can raise questions but a single disclosed sale is not necessarily a company-level red flag. Rep. Gilbert Ray Cisneros, Jr. Sells The Home Depot, Inc. (NYSE:HD) Stock
• Negative Sentiment: Investor pressure after media reports that surveillance vendor data may have been used by ICE has prompted shareholders to ask HD to review its relationship with Flock Safety—this raises reputational, governance and potential regulatory risk. Amid ICE raids, some Home Depot investors want to know how law enforcement uses its surveillance data
• Negative Sentiment: Bearish commentary and valuation critiques (higher trailing/forward P/E and downside scenarios tied to slowing DIY demand) are surfacing and could weigh on sentiment if macro weakness or discretionary spending softens. The Home Depot, Inc. (HD): A Bear Case Theory

Insider Activity

In other Home Depot news, EVP Teresa Wynn Roseborough sold 2,872 shares of the firm’s stock in a transaction dated Friday, December 26th. The stock was sold at an average price of $348.52, for a total transaction of $1,000,949.44. Following the transaction, the executive vice president directly owned 13,196 shares in the company, valued at $4,599,069.92. This trade represents a 17.87% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Angie Brown sold 1,946 shares of the business’s stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $357.63, for a total value of $695,947.98. Following the completion of the sale, the executive vice president directly owned 3,941 shares of the company’s stock, valued at $1,409,419.83. This represents a 33.06% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 4,963 shares of company stock worth $1,748,845 in the last three months. 0.10% of the stock is owned by insiders.

Home Depot Stock Up 0.3%

Shares of Home Depot stock opened at $380.34 on Friday. The Home Depot, Inc. has a 1 year low of $326.31 and a 1 year high of $426.75. The company has a market cap of $378.63 billion, a P/E ratio of 25.93, a P/E/G ratio of 14.16 and a beta of 1.08. The company has a current ratio of 1.05, a quick ratio of 0.29 and a debt-to-equity ratio of 3.82. The stock has a 50-day moving average price of $354.83 and a 200 day moving average price of $378.14.

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 analysts’ consensus estimates of $3.83 by ($0.09). The business had revenue of $41.35 billion during the quarter, compared to analyst estimates of $41.06 billion. Home Depot had a net margin of 8.77% and a return on equity of 160.74%. Home Depot’s revenue for the quarter was up 2.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.78 EPS. Home Depot has set its FY 2025 guidance at 14.478-14.478 EPS. As a group, analysts expect that The Home Depot, Inc. will post 15.13 EPS for the current fiscal year.

Home Depot Announces Dividend

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

Analyst Ratings Changes

Several brokerages have commented on HD. Stifel Nicolaus dropped their price target on shares of Home Depot from $370.00 to $350.00 and set a “hold” rating on the stock in a research note on Monday, December 1st. Wolfe Research boosted their price target on shares of Home Depot from $414.00 to $415.00 and gave the stock an “outperform” rating in a research report on Monday, December 22nd. DA Davidson decreased their price objective on shares of Home Depot from $430.00 to $407.00 and set a “buy” rating for the company in a report on Wednesday, December 10th. Piper Sandler dropped their target price on Home Depot from $450.00 to $441.00 and set an “overweight” rating on the stock in a report on Wednesday, December 10th. Finally, Wall Street Zen cut Home Depot from a “hold” rating to a “sell” rating in a research report on Friday, November 28th. Twenty-one equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Home Depot currently has a consensus rating of “Moderate Buy” and an average target price of $403.17.

Home Depot Profile

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.