Winnow Wealth LLC Purchases Shares of 450 The Home Depot, Inc. $HD

Winnow Wealth LLC acquired a new stake in The Home Depot, Inc. (NYSE:HD) during the 2nd quarter, Holdings Channel reports. The firm acquired 450 shares of the home improvement retailer’s stock, valued at approximately $165,000.

Other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. boosted its stake in 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 worth $35,922,952,000 after purchasing an additional 1,494,615 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Home Depot by 1.4% in the second quarter. Geode Capital Management LLC now owns 22,978,809 shares of the home improvement retailer’s stock worth $8,394,611,000 after buying an additional 327,674 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of Home Depot by 6.6% during the first quarter. Charles Schwab Investment Management Inc. now owns 14,415,278 shares of the home improvement retailer’s stock worth $5,282,398,000 after acquiring an additional 891,326 shares during the last quarter. Price T Rowe Associates Inc. MD grew its stake in Home Depot by 19.3% during the first quarter. Price T Rowe Associates Inc. MD now owns 9,253,292 shares of the home improvement retailer’s stock valued at $3,391,240,000 after acquiring an additional 1,494,261 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Home Depot by 5.6% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 8,949,404 shares of the home improvement retailer’s stock valued at $3,279,867,000 after acquiring an additional 477,192 shares during the last quarter. Hedge funds and other institutional investors own 70.86% of the company’s stock.

Home Depot Stock Up 1.1%

Shares of NYSE:HD opened at $338.27 on Thursday. The firm has a market capitalization of $336.70 billion, a PE ratio of 22.86, a price-to-earnings-growth ratio of 3.59 and a beta of 1.00. The business has a 50 day simple moving average of $388.76 and a two-hundred day simple moving average of $381.47. The Home Depot, Inc. has a 1 year low of $326.31 and a 1 year high of $439.37. The company has a debt-to-equity ratio of 4.31, a current ratio of 1.15 and a quick ratio of 0.34.

Home Depot (NYSE:HD) last issued its quarterly earnings results on Tuesday, November 18th. The home improvement retailer reported $3.74 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.83 by ($0.09). Home Depot had a return on equity of 193.99% and a net margin of 8.86%.The business had revenue of $41.35 billion for the quarter, compared to the consensus estimate of $41.06 billion. During the same period in the prior year, the business posted $3.78 earnings per share. Home Depot’s revenue was up 2.8% on a year-over-year basis. Home Depot has set its FY 2025 guidance at 14.478-14.478 EPS. On average, equities analysts predict that The Home Depot, Inc. will post 15.13 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. DA Davidson reaffirmed a “buy” rating and issued a $475.00 target price on shares of Home Depot in a report on Tuesday. Oppenheimer upped their target price on shares of Home Depot from $400.00 to $420.00 and gave the company a “market perform” rating in a research report on Thursday, September 25th. The Goldman Sachs Group dropped their price target on Home Depot from $444.00 to $406.00 and set a “buy” rating for the company in a research report on Wednesday. Evercore ISI decreased their price objective on Home Depot from $450.00 to $425.00 and set an “outperform” rating on the stock in a research report on Wednesday. Finally, Sanford C. Bernstein lowered their price objective on Home Depot from $406.00 to $362.00 and set a “market perform” rating for the company in a research note on Wednesday. Twenty research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $411.96.

Insiders Place Their Bets

In other Home Depot news, EVP Teresa Wynn Roseborough sold 5,483 shares of the stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $413.23, for a total transaction of $2,265,740.09. Following the sale, the executive vice president owned 16,057 shares of the company’s stock, valued at approximately $6,635,234.11. This trade represents a 25.45% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP William D. Bastek sold 2,303 shares of Home Depot stock in a transaction on Friday, September 12th. The shares were sold at an average price of $423.12, for a total value of $974,445.36. Following the completion of the transaction, the executive vice president owned 24,235 shares in the company, valued at $10,254,313.20. This represents a 8.68% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 11,569 shares of company stock valued at $4,792,086. 0.10% of the stock is owned by company insiders.

Home Depot Company Profile

The Home Depot, Inc operates as a home improvement retailer in the United States and internationally. It sells various building materials, home improvement products, lawn and garden products, and décor products, as well as facilities maintenance, repair, and operations products. The company also offers installation services for flooring, water heaters, bath, garage doors, cabinets, cabinet makeovers, countertops, sheds, furnaces and central air systems, and windows.