The Home Depot, Inc. $HD Stock Sold by One Way Holdings LLC

One Way Holdings LLC decreased its holdings in shares of The Home Depot, Inc. (NYSE:HD) by 95.9% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 2,618 shares of the home improvement retailer’s stock after selling 60,560 shares during the quarter. One Way Holdings LLC’s holdings in Home Depot were worth $745,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Welch Group LLC raised its position in Home Depot by 2.8% during the third quarter. Welch Group LLC now owns 205,961 shares of the home improvement retailer’s stock valued at $58,594,000 after buying an additional 5,552 shares during the period. Trek Financial LLC lifted its stake in Home Depot by 1.4% in the 3rd quarter. Trek Financial LLC now owns 2,474 shares of the home improvement retailer’s stock worth $704,000 after acquiring an additional 34 shares in the last quarter. Woodmont Investment Counsel LLC boosted its position in Home Depot by 3.4% during the 3rd quarter. Woodmont Investment Counsel LLC now owns 20,516 shares of the home improvement retailer’s stock worth $5,837,000 after acquiring an additional 677 shares during the period. Dala Group LLC boosted its position in Home Depot by 3.5% during the 3rd quarter. Dala Group LLC now owns 5,559 shares of the home improvement retailer’s stock worth $1,581,000 after acquiring an additional 188 shares during the period. Finally, Walled Lake Planning & Wealth Management LLC boosted its position in Home Depot by 3.1% during the 3rd quarter. Walled Lake Planning & Wealth Management LLC now owns 1,258 shares of the home improvement retailer’s stock worth $358,000 after acquiring an additional 38 shares during the period. 70.86% of the stock is owned by institutional investors and hedge funds.

Home Depot Price Performance

HD opened at $341.17 on Tuesday. The stock has a fifty day moving average price of $308.56 and a 200 day moving average price of $334.72. The company has a current ratio of 1.08, a quick ratio of 0.31 and a debt-to-equity ratio of 2.64. The Home Depot, Inc. has a 1 year low of $277.15 and a 1 year high of $397.63. The stock has a market cap of $340.38 billion, a price-to-earnings ratio of 23.87, a PEG ratio of 2.26 and a beta of 1.00.

Home Depot (NYSE:HD) last issued its earnings results on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share for the quarter, topping the consensus estimate of $4.73 by $0.19. Home Depot had a return on equity of 106.42% and a net margin of 8.41%. The company had revenue of $47.86 billion for the quarter, compared to analyst estimates of $47.24 billion. During the same period in the prior year, the firm posted $4.68 EPS. The business’s revenue was up 5.7% compared to the same quarter last year. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. Analysts forecast that The Home Depot, Inc. will post 15.01 EPS for the current fiscal year.

Home Depot Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd were issued a dividend of $2.33 per share. This represents a $9.32 annualized dividend and a dividend yield of 2.7%. The ex-dividend date was Thursday, September 3rd. Home Depot’s payout ratio is currently 65.22%.

Insider Transactions at Home Depot

In related news, CFO Richard McPhail sold 5,989 shares of the business’s stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $348.40, for a total value of $2,086,567.60. Following the completion of the sale, the chief financial officer owned 48,104 shares of the company’s stock, valued at approximately $16,759,433.60. The trade was a 11.07% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Michael Rowe sold 710 shares of the stock in a transaction that occurred on Wednesday, August 26th. The stock was sold at an average price of $336.76, for a total value of $239,099.60. Following the completion of the transaction, the executive vice president owned 6,838 shares in the company, valued at $2,302,764.88. This represents a 9.41% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 9,829 shares of company stock worth $3,339,314. 0.08% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on HD shares. Melius Research set a $397.00 target price on Home Depot in a research note on Tuesday, October 6th. DA Davidson reissued a “buy” rating and issued a $377.00 price target on shares of Home Depot in a research report on Wednesday, August 19th. KeyCorp restated a “sector weight” rating on shares of Home Depot in a report on Wednesday, August 19th. Jefferies Financial Group reaffirmed a “buy” rating and set a $398.00 price objective on shares of Home Depot in a research report on Tuesday, August 18th. Finally, UBS Group reaffirmed a “buy” rating on shares of Home Depot in a research report on Thursday, September 17th. One analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $375.31.

About Home Depot

The Home Depot, Inc is a home improvement retailer serving do-it-yourself customers, professional contractors, and other building and maintenance professionals. The company sells a broad selection of building materials, hardware, tools, appliances, paint, plumbing and electrical supplies, flooring, lighting, lawn and garden products, and home décor.

In addition to merchandise, Home Depot offers services such as product delivery, tool and equipment rental, credit services, and installation for selected products.