The Home Depot, Inc. $HD Stock Position Trimmed by Obermeyer Wealth Partners

Obermeyer Wealth Partners lessened its stake in The Home Depot, Inc. (NYSE:HD) by 1.9% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 84,235 shares of the home improvement retailer’s stock after selling 1,653 shares during the quarter. Home Depot comprises about 1.0% of Obermeyer Wealth Partners’ holdings, making the stock its 29th largest holding. Obermeyer Wealth Partners’ holdings in Home Depot were worth $23,964,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Zeit Capital LLC acquired a new position in shares of Home Depot during the second quarter worth $26,000. Cache Advisors LLC acquired a new stake in Home Depot during the 1st quarter valued at $27,000. Merkkuri Wealth Advisors LLC purchased a new stake in Home Depot during the 1st quarter worth $28,000. Principia Wealth Advisory LLC increased its stake in Home Depot by 60.4% during the 2nd quarter. Principia Wealth Advisory LLC now owns 85 shares of the home improvement retailer’s stock worth $30,000 after buying an additional 32 shares during the period. Finally, Networth Advisors LLC lifted its holdings in Home Depot by 54.1% in the 1st quarter. Networth Advisors LLC now owns 94 shares of the home improvement retailer’s stock worth $31,000 after buying an additional 33 shares in the last quarter. Institutional investors and hedge funds own 70.86% of the company’s stock.

Insider Buying and Selling at Home Depot

In related news, EVP Teresa Roseborough sold 2,455 shares of the business’s stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $328.77, for a total value of $807,130.35. Following the completion of the sale, the executive vice president directly owned 14,061 shares in the company, valued at approximately $4,622,834.97. The trade was a 14.86% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Richard V. Mcphail sold 5,989 shares of the company’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 sale, the chief financial officer directly owned 48,104 shares of the company’s stock, valued at $16,759,433.60. The trade was a 11.07% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 9,829 shares of company stock valued at $3,339,314 over the last quarter. Company insiders own 0.08% of the company’s stock.

Key Headlines Impacting Home Depot

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

• Positive Sentiment: Home Depot added roughly $13 billion in market value in after-hours trading, reflecting strong investor demand and renewed confidence in the retailer. Home Depot Surges 4% After Hours, Adding $13 Billion in Market Value
• Positive Sentiment: Positive earnings and revenue estimate revisions are bringing Home Depot’s valuation back into focus. The shares have also moved above their 50-day moving average, while the company’s expansion into distribution could support longer-term growth and contractor sales. Home Depot Earnings Revisions Bring Its Valuation Story Back Into Focus
• Positive Sentiment: A technical analysis article highlights HD’s move above a historically bullish trendline, a signal that has often preceded further gains. Blue-Chip Stock Just Crossed Over Historically Bullish Trendline
• Positive Sentiment: Trefis argues that a key valuation metric makes Home Depot attractive, adding to the current bullish investment case. One Number That Makes Home Depot a Buy
• Neutral Sentiment: The Home Depot Foundation committed $1 billion through 2032 to veteran causes, including housing initiatives. The announcement strengthens the company’s social-impact profile but is unlikely to materially affect near-term earnings. The Home Depot Foundation Pledges $1 Billion to Veteran Causes by 2032
• Negative Sentiment: Analysts continue to flag risks from a sluggish housing market and weak affordability, which may delay large renovation projects. The larger distribution network could increase sales opportunities, but it also requires capital and may carry different margins. Home Depot Stuck Between Two Fundamental Issues

Home Depot Trading Up 4.3%

Home Depot stock opened at $327.63 on Friday. The firm’s 50-day moving average is $310.06 and its 200-day moving average is $323.91. The company has a debt-to-equity ratio of 2.64, a quick ratio of 0.31 and a current ratio of 1.08. The Home Depot, Inc. has a 1 year low of $277.15 and a 1 year high of $397.63. The company has a market cap of $326.87 billion, a P/E ratio of 22.93, a PEG ratio of 2.23 and a beta of 1.00.

Home Depot (NYSE:HD) last released its quarterly earnings data on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.73 by $0.19. Home Depot had a return on equity of 106.42% and a net margin of 8.41%. The business had revenue of $47.86 billion during the quarter, compared to analyst estimates of $47.24 billion. During the same quarter in the previous year, the firm posted $4.68 EPS. The business’s revenue for the quarter 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. On average, equities analysts expect that The Home Depot, Inc. will post 15.01 earnings per share for the current year.

Home Depot Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd were given a dividend of $2.33 per share. The ex-dividend date was Thursday, September 3rd. This represents a $9.32 annualized dividend and a dividend yield of 2.8%. Home Depot’s dividend payout ratio (DPR) is 65.22%.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the company. KeyCorp restated a “sector weight” rating on shares of Home Depot in a research note on Wednesday, August 19th. DA Davidson reaffirmed a “buy” rating and set a $377.00 target price on shares of Home Depot in a research report on Wednesday, August 19th. Guggenheim reiterated a “buy” rating and issued a $425.00 price target on shares of Home Depot in a research note on Wednesday, August 19th. Jefferies Financial Group reissued a “buy” rating and issued a $398.00 price target on shares of Home Depot in a report on Tuesday, August 18th. Finally, Royal Bank Of Canada lowered their price objective on Home Depot from $343.00 to $342.00 and set a “sector perform” rating for the company in a research note on Wednesday, August 19th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $375.93.

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.