The Home Depot, Inc. $HD Shares Sold by Harrell Investment Partners LLC

Harrell Investment Partners LLC cut its position in shares of The Home Depot, Inc. (NYSE:HD) by 7.1% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 20,019 shares of the home improvement retailer’s stock after selling 1,522 shares during the period. Home Depot accounts for 1.9% of Harrell Investment Partners LLC’s investment portfolio, making the stock its 12th biggest position. Harrell Investment Partners LLC’s holdings in Home Depot were worth $8,111,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. 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 stake in shares of Home Depot during the 2nd quarter valued at about $29,000. LFA Lugano Financial Advisors SA acquired a new stake in Home Depot during the second quarter worth about $32,000. Legacy Investment Solutions LLC bought a new position in Home Depot in the second quarter worth about $35,000. Finally, Dougherty Wealth Advisers LLC acquired a new position in Home Depot in the third quarter valued at approximately $38,000. Institutional investors and hedge funds own 70.86% of the company’s stock.

Home Depot Price Performance

Shares of NYSE HD opened at $374.67 on Friday. The stock has a market cap of $372.98 billion, a P/E ratio of 25.54, a P/E/G ratio of 13.96 and a beta of 1.08. The firm’s 50-day simple moving average is $354.54 and its 200 day simple moving average is $377.75. 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.

Home Depot (NYSE:HD) last announced its 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 net margin of 8.77% and a return on equity of 160.74%. The company had revenue of $41.35 billion during the quarter, compared to the consensus estimate of $41.06 billion. During the same quarter in the prior year, the company earned $3.78 EPS. The business’s quarterly 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. Equities analysts expect that The Home Depot, Inc. will post 15.13 EPS for the current year.

Home Depot Dividend Announcement

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

More Home Depot News

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

• Positive Sentiment: Investors expect a White House housing initiative to boost homebuilding and repair activity, which should lift demand for Home Depot’s products and services. Trump Housing Plan Sends Home Depot Stock Higher
• Positive Sentiment: Large call buying occurred today (46,130 calls, ~37% above typical volume), indicating speculative or hedged bullish positioning that can amplify upside near term.
• Positive Sentiment: Prominent TV commentary favors HD as a housing/play (Jim Cramer preferring Home Depot), which can drive retail flows and sentiment. Jim Cramer Prefers Home Depot Over Fortune Brands as a Housing Play
• Positive Sentiment: A vendor-related issue (Kurt Weiss Greenhouses) drew attention but the company’s response was viewed positively by some outlets, removing a near-term reputational overhang. Home Depot Stock Surges With Kurt Weiss Greenhouses Response
• Neutral Sentiment: Broader market strength (Dow gains) has supported HD alongside other large-cap consumer names, a technical tailwind rather than company-specific news. Nike, Home Depot share gains contribute to Dow’s nearly 225-point jump
• Neutral Sentiment: Investor interest metrics and analyst/valuation write-ups are getting attention, but they largely summarize mixed fundamentals (recent EPS miss vs. solid revenue) rather than new catalysts. Assessing Home Depot (HD) Valuation After Recent Mixed Share Price Performance Investors Heavily Search The Home Depot, Inc. (HD)
• Negative Sentiment: Earlier unusual put buying (57,026 puts) indicates some market participants taking or hedging for downside risk—this raises near-term volatility risk.
• Negative Sentiment: A Pomerantz law firm investigation notice was filed, signaling potential shareholder litigation risk that can weigh on sentiment until resolved. Pomerantz Law Firm Investigates Claims On Behalf of Investors of The Home Depot, Inc.

Insider Buying and Selling

In other news, EVP Ann Marie Campbell sold 145 shares of Home Depot stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $358.26, for a total transaction of $51,947.70. Following the transaction, the executive vice president directly owned 12,320 shares in the company, valued at approximately $4,413,763.20. This trade represents a 1.16% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Teresa Wynn Roseborough sold 2,872 shares of the company’s stock in a transaction on Friday, December 26th. The shares were sold at an average price of $348.52, for a total value of $1,000,949.44. Following the completion of the sale, the executive vice president owned 13,196 shares of the company’s stock, valued at approximately $4,599,069.92. This trade represents a 17.87% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 4,963 shares of company stock valued at $1,748,845 over the last quarter. Corporate insiders own 0.10% of the company’s stock.

Wall Street Analyst Weigh In

HD has been the topic of a number of research reports. Stifel Nicolaus dropped their price target on Home Depot from $370.00 to $350.00 and set a “hold” rating on the stock in a research report on Monday, December 1st. DA Davidson lowered their price objective on Home Depot from $430.00 to $407.00 and set a “buy” rating for the company in a research note on Wednesday, December 10th. Royal Bank Of Canada dropped their target price on Home Depot from $376.00 to $366.00 and set a “sector perform” rating on the stock in a research report on Wednesday, December 10th. BNP Paribas Exane raised their target price on Home Depot from $353.00 to $355.00 and gave the company a “neutral” rating in a research note on Friday, December 5th. Finally, KGI Securities lowered shares of Home Depot from an “outperform” rating to a “hold” rating and set a $320.00 target price for the company. in a research note on Wednesday, November 19th. Twenty-one research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $402.10.

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.