LGT Capital Partners LTD. Sells 9,826 Shares of The Home Depot, Inc. $HD

LGT Capital Partners LTD. cut its stake in The Home Depot, Inc. (NYSE:HD) by 12.3% in the third quarter, HoldingsChannel reports. The institutional investor owned 70,086 shares of the home improvement retailer’s stock after selling 9,826 shares during the quarter. Home Depot makes up about 1.4% of LGT Capital Partners LTD.’s holdings, making the stock its 27th biggest holding. LGT Capital Partners LTD.’s holdings in Home Depot were worth $28,398,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also bought and sold shares of the company. Sagard Holdings Management Inc. bought a new position in shares of Home Depot during the second quarter valued at $29,000. Financially Speaking Inc bought a new stake in shares of Home Depot in the 3rd quarter worth about $31,000. LFA Lugano Financial Advisors SA acquired a new stake in shares of Home Depot during the 2nd quarter worth about $32,000. Legacy Investment Solutions LLC acquired a new stake in shares of Home Depot during the 2nd quarter worth about $35,000. Finally, Dougherty Wealth Advisers LLC bought a new position in Home Depot during the 3rd quarter valued at about $38,000. Institutional investors and hedge funds own 70.86% of the company’s stock.

Insider Activity at Home Depot

In other Home Depot news, 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 transaction of $1,000,949.44. Following the completion of the sale, the executive vice president owned 13,196 shares in the company, valued at approximately $4,599,069.92. The trade was a 17.87% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Ann Marie Campbell sold 145 shares of the stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $358.26, for a total value of $51,947.70. Following the completion of 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 SEC filing for this sale provides additional information. Insiders have sold 4,963 shares of company stock worth $1,748,845 over the last ninety days. Company insiders own 0.10% of the company’s stock.

Home Depot News Summary

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

• Positive Sentiment: Q4 earnings beat — Home Depot delivered $2.72 EPS versus $2.53 expected and reported $38.20B in revenue, topping estimates and snapping a streak of comparable‑sales misses; this stronger profit performance is supporting investor confidence. Press Release
• Positive Sentiment: Dividend increase — Management raised the quarterly dividend (1.3%), which supports yield‑sensitive shareholders and signals confidence in cash flow. PR Newswire Release
• Neutral Sentiment: FY26 EPS range given — Home Depot set FY2026 EPS guidance of $14.230–$14.799 (vs. ~$14.50 consensus). The range roughly brackets Street expectations, leaving room for interpretation on next‑year growth.
• Neutral Sentiment: Longer‑term initiatives — Company efforts such as expanded digital tools and AI “blueprint takeoffs” to win pro customers are constructive but represent multi‑quarter gains rather than an immediate stock catalyst. Zacks: AI initiatives
• Negative Sentiment: Sales and margin pressure — Q4 sales fell 3.8% year‑over‑year and commentary highlighted slower housing turnover, high rates and economic uncertainty weighing on big projects, which temper the upside from the earnings beat. WSJ: Profit Falls
• Negative Sentiment: Analyst adjustments — Some firms trimmed price targets (e.g., Piper Sandler lowered its target to $422), signaling more cautious near‑term upside even if ratings remain constructive. Analyst Target Note

Home Depot Price Performance

Home Depot stock opened at $376.02 on Tuesday. The business’s 50-day simple moving average is $369.64 and its 200 day simple moving average is $380.14. The stock has a market cap of $374.33 billion, a price-to-earnings ratio of 25.63, a P/E/G ratio of 13.66 and a beta of 1.08. The Home Depot, Inc. has a 12-month low of $326.31 and a 12-month 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 quarterly earnings data on Tuesday, February 24th. The home improvement retailer reported $2.72 earnings per share for the quarter, topping the consensus estimate of $2.53 by $0.19. Home Depot had a return on equity of 160.74% and a net margin of 8.77%.The firm had revenue of $38.20 billion during the quarter, compared to analysts’ expectations of $38.01 billion. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. As a group, research analysts anticipate that The Home Depot, Inc. will post 15.13 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the stock. The Goldman Sachs Group reaffirmed a “buy” rating and set a $413.00 price objective on shares of Home Depot in a research note on Wednesday, December 10th. Evercore reduced their target price on Home Depot from $450.00 to $425.00 and set an “outperform” rating on the stock in a report on Wednesday, November 19th. Jefferies Financial Group restated a “buy” rating and set a $424.00 price target on shares of Home Depot in a research report on Wednesday, December 10th. Bank of America dropped their price target on Home Depot from $450.00 to $430.00 and set a “buy” rating for the company in a report on Wednesday, November 19th. Finally, Zacks Research upgraded Home Depot from a “strong sell” rating to a “hold” rating in a research report on Monday, February 9th. Twenty-one equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Home Depot has a consensus rating of “Moderate Buy” and a consensus target price of $407.63.

Home Depot Company Profile

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.