The Home Depot, Inc. $HD Stake Lowered by Community Financial Services Group LLC

Community Financial Services Group LLC lowered its position in shares of The Home Depot, Inc. (NYSE:HD) by 33.5% in the third quarter, HoldingsChannel reports. The fund owned 5,850 shares of the home improvement retailer’s stock after selling 2,947 shares during the period. Community Financial Services Group LLC’s holdings in Home Depot were worth $1,652,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the business. Aspen Investment Management Inc lifted its stake in Home Depot by 0.5% in the first quarter. Aspen Investment Management Inc now owns 6,422 shares of the home improvement retailer’s stock valued at $2,112,000 after buying an additional 30 shares during the period. 3Chopt Investment Partners LLC boosted its position in shares of Home Depot by 0.8% during the first quarter. 3Chopt Investment Partners LLC now owns 3,777 shares of the home improvement retailer’s stock worth $1,242,000 after buying an additional 30 shares during the period. 626 Financial LLC raised its position in Home Depot by 3.9% in the 1st quarter. 626 Financial LLC now owns 792 shares of the home improvement retailer’s stock valued at $261,000 after buying an additional 30 shares during the last quarter. Winning Points Advisors LLC lifted its position in shares of Home Depot by 1.0% in the second quarter. Winning Points Advisors LLC now owns 2,891 shares of the home improvement retailer’s stock worth $1,020,000 after purchasing an additional 30 shares in the last quarter. Finally, Sweeney & Michel LLC lifted its position in Home Depot by 2.3% during the 1st quarter. Sweeney & Michel LLC now owns 1,354 shares of the home improvement retailer’s stock worth $462,000 after buying an additional 31 shares in the last quarter. 70.86% of the stock is currently owned by institutional investors and hedge funds.

Home Depot Stock Up 4.3%

Shares of NYSE:HD opened at $308.11 on Friday. The company has a debt-to-equity ratio of 2.64, a quick ratio of 0.31 and a current ratio of 1.08. The Home Depot, Inc. has a 52-week low of $277.15 and a 52-week high of $397.63. The business’s 50 day simple moving average is $313.43 and its two-hundred day simple moving average is $324.26. The firm has a market cap of $307.40 billion, a P/E ratio of 19.95, a PEG ratio of 2.10 and a beta of 1.00.

Home Depot (NYSE:HD) last announced 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. Home Depot had a net margin of 8.41% and a return on equity of 106.42%. The business had revenue of $47.86 billion during the quarter, compared to analyst estimates of $47.24 billion. During the same quarter in the previous year, the business posted $4.68 EPS. Home Depot’s quarterly revenue was up 5.7% on a year-over-year basis. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. As a group, research analysts forecast that The Home Depot, Inc. will post 15.01 EPS for the current fiscal year.

Home Depot Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 17th. Shareholders of record on Thursday, September 3rd were issued a dividend of $2.33 per share. The ex-dividend date of this dividend was Thursday, September 3rd. This represents a $9.32 annualized dividend and a yield of 3.0%. Home Depot’s dividend payout ratio is 65.22%.

Trending Headlines about Home Depot

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

• Positive Sentiment: Consumer-stock rotation provided a tailwind. Home Depot was among consumer companies benefiting as investors moved money out of technology stocks, improving sentiment toward the home-improvement retailer. These Consumer Stocks Are Getting a Lift as Investors Rotate Out of Tech
• Positive Sentiment: Customer spending remains resilient. A rising average ticket, growth in big-ticket purchases and sustained demand from professional customers are helping offset softer customer visits and housing-market pressure. Home Depot’s Rising Average Ticket Offsets Softer Customer Visits
• Positive Sentiment: Analyst support improved sentiment. Evercore ISI initiated or reiterated a Buy rating, while commentary pointed to a potential catalyst outside Home Depot’s control—likely an improvement in housing-market conditions—that could materially improve its outlook. Home Depot Gets a Buy from Evercore ISI
• Neutral Sentiment: Recent earnings provide a solid base. Home Depot previously exceeded quarterly earnings and revenue expectations, with sales up year over year, and reaffirmed fiscal 2026 comparable-sales guidance of 0% to 2%.
• Negative Sentiment: Flat comparable sales remain a concern. U.S. comparable sales grew only 1.3% in the latest quarter, and a flat result for fiscal 2026 could limit revenue and earnings growth, potentially pressuring the valuation. What Would Flat Store Sales Do To Home Depot Stock?

Insider Buying and Selling at Home Depot

In related news, CFO Richard McPhail sold 5,989 shares of the stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $348.40, for a total transaction of $2,086,567.60. Following the sale, the chief financial officer owned 48,104 shares of the company’s stock, valued at approximately $16,759,433.60. This represents a 11.07% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Teresa Roseborough sold 2,455 shares of the stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $328.77, for a total transaction of $807,130.35. Following the completion of the sale, the executive vice president owned 14,061 shares in the company, valued at $4,622,834.97. This represents a 14.86% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 9,829 shares of company stock valued at $3,339,314 over the last 90 days. 0.08% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages have commented on HD. Weiss Ratings reiterated a “hold (c)” rating on shares of Home Depot in a research note on Friday, October 2nd. Truist Financial increased their price target on Home Depot from $369.00 to $373.00 and gave the company a “buy” rating in a research note on Wednesday, August 19th. KeyCorp reissued a “sector weight” rating on shares of Home Depot in a report on Wednesday, August 19th. Jefferies Financial Group reissued a “buy” rating and set a $398.00 target price on shares of Home Depot in a report on Tuesday, August 18th. Finally, Wells Fargo & Company lifted their price target on shares of Home Depot from $360.00 to $400.00 and gave the company an “overweight” rating in a research report on Tuesday, August 11th. One 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 stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $375.93.

Home Depot Profile

The Home Depot, Inc (NYSE: HD) is a home improvement retailer serving do-it-yourself customers, professional contractors, and other trade professionals. The company sells building materials, appliances, décor, hardware, plumbing and electrical supplies, tools, outdoor products, and lawn and garden merchandise through its retail stores and digital platforms.

Home Depot also provides services such as installation, equipment rental, delivery, and project support. Its professional customer offerings include job-lot quantities, delivery solutions, credit services, and tools designed to help contractors manage construction and renovation projects.