Pinnacle Financial Partners Inc Trims Position in The Home Depot, Inc. $HD

Pinnacle Financial Partners Inc cut its stake in shares of The Home Depot, Inc. (NYSE:HD) by 2.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 86,625 shares of the home improvement retailer’s stock after selling 1,771 shares during the period. Home Depot accounts for approximately 0.8% of Pinnacle Financial Partners Inc’s portfolio, making the stock its 25th largest holding. Pinnacle Financial Partners Inc’s holdings in Home Depot were worth $35,100,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Blodgett Wealth Advisors LLC grew its stake in Home Depot by 3.4% during the third quarter. Blodgett Wealth Advisors LLC now owns 6,058 shares of the home improvement retailer’s stock valued at $2,454,000 after acquiring an additional 202 shares in the last quarter. 4WEALTH Advisors Inc. boosted its holdings in Home Depot by 19.4% in the 3rd quarter. 4WEALTH Advisors Inc. now owns 1,844 shares of the home improvement retailer’s stock valued at $747,000 after purchasing an additional 300 shares during the period. Peoples Financial Services CORP. boosted its holdings in Home Depot by 6.4% in the 3rd quarter. Peoples Financial Services CORP. now owns 5,130 shares of the home improvement retailer’s stock valued at $2,079,000 after purchasing an additional 308 shares during the period. Kingstone Capital Partners Texas LLC grew its position in shares of Home Depot by 142.1% during the 3rd quarter. Kingstone Capital Partners Texas LLC now owns 6,772 shares of the home improvement retailer’s stock valued at $2,744,000 after purchasing an additional 3,975 shares in the last quarter. Finally, Pembroke Management LTD bought a new position in shares of Home Depot in the third quarter worth $267,000. 70.86% of the stock is currently owned by institutional investors.

Home Depot Price Performance

Shares of Home Depot stock opened at $380.34 on Friday. The firm has a market capitalization of $378.63 billion, a PE ratio of 25.93, a price-to-earnings-growth ratio of 14.13 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 Home Depot, Inc. has a 12 month low of $326.31 and a 12 month high of $426.75. The business’s 50-day moving average price is $354.83 and its 200-day moving average price is $378.11.

Home Depot (NYSE:HD) last released 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). Home Depot had a return on equity of 160.74% and a net margin of 8.77%.The firm had revenue of $41.35 billion during the quarter, compared to the consensus estimate of $41.06 billion. During the same quarter in the previous year, the firm earned $3.78 EPS. The business’s quarterly revenue was up 2.8% compared to the same quarter last year. Home Depot has set its FY 2025 guidance at 14.478-14.478 EPS. Sell-side analysts forecast that The Home Depot, Inc. will post 15.13 EPS for the current fiscal year.

Home Depot Announces Dividend

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

Home Depot News Summary

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

Wall Street Analysts Forecast Growth

HD has been the topic of a number of recent analyst reports. Royal Bank Of Canada lowered their price objective 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. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Home Depot in a report on Monday, December 29th. DA Davidson dropped their price target on Home Depot from $430.00 to $407.00 and set a “buy” rating for the company in a research report on Wednesday, December 10th. Stifel Nicolaus cut their price objective on Home Depot from $370.00 to $350.00 and set a “hold” rating for the company in a report on Monday, December 1st. Finally, HSBC lowered their target price on shares of Home Depot from $445.00 to $400.00 and set a “hold” rating on the stock in a research note on Wednesday, November 19th. Twenty-one research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $403.17.

Insider Activity at Home Depot

In other 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 of the company’s stock, valued at approximately $4,599,069.92. This trade represents a 17.87% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Angie Brown sold 1,946 shares of Home Depot 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 transaction, the executive vice president owned 3,941 shares in the company, valued at approximately $1,409,419.83. This represents a 33.06% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 4,963 shares of company stock valued at $1,748,845. Insiders own 0.10% of the company’s stock.

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.