Aries Wealth Management lifted its stake in Home Depot Inc (NYSE:HD) by 0.4% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 14,160 shares of the home improvement retailer’s stock after acquiring an additional 55 shares during the quarter. Home Depot accounts for 2.2% of Aries Wealth Management’s investment portfolio, making the stock its 11th largest position. Aries Wealth Management’s holdings in Home Depot were worth $3,932,000 as of its most recent filing with the SEC.

Several other large investors also recently bought and sold shares of the stock. Skandinaviska Enskilda Banken AB publ lifted its stake in Home Depot by 1.3% during the 1st quarter. Skandinaviska Enskilda Banken AB publ now owns 326,905 shares of the home improvement retailer’s stock worth $61,036,000 after acquiring an additional 4,303 shares in the last quarter. Morgan Stanley increased its stake in Home Depot by 2.4% during the 1st quarter. Morgan Stanley now owns 9,255,927 shares of the home improvement retailer’s stock worth $1,728,173,000 after buying an additional 216,078 shares during the period. Guardian Capital LP lifted its holdings in Home Depot by 3.8% during the 1st quarter. Guardian Capital LP now owns 55,925 shares of the home improvement retailer’s stock worth $10,442,000 after buying an additional 2,028 shares in the last quarter. Aspen Investment Management Inc boosted its position in Home Depot by 3.8% in the 1st quarter. Aspen Investment Management Inc now owns 7,576 shares of the home improvement retailer’s stock valued at $1,415,000 after buying an additional 280 shares during the period. Finally, Full Sail Capital LLC grew its stake in shares of Home Depot by 51.9% in the first quarter. Full Sail Capital LLC now owns 6,780 shares of the home improvement retailer’s stock worth $1,589,000 after acquiring an additional 2,318 shares in the last quarter. 69.00% of the stock is owned by hedge funds and other institutional investors.

A number of research analysts recently issued reports on HD shares. Raymond James lifted their target price on Home Depot from $295.00 to $305.00 and gave the company an “outperform” rating in a report on Wednesday, August 19th. Gordon Haskett upgraded Home Depot from a “hold” rating to an “accumulate” rating and set a $306.00 price objective for the company in a research note on Wednesday, August 12th. Nomura Instinet boosted their price objective on Home Depot from $252.00 to $266.00 and gave the stock a “buy” rating in a research report on Tuesday, June 23rd. Morgan Stanley raised their target price on shares of Home Depot from $295.00 to $300.00 and gave the company an “overweight” rating in a report on Wednesday, October 7th. Finally, Credit Suisse Group reiterated a “buy” rating and set a $300.00 price target on shares of Home Depot in a report on Monday, August 17th. Eight analysts have rated the stock with a hold rating, twenty-six have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Home Depot has a consensus rating of “Buy” and an average target price of $288.79.

In other news, EVP William G. Lennie sold 13,199 shares of Home Depot stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $283.22, for a total transaction of $3,738,220.78. Following the completion of the sale, the executive vice president now directly owns 49,736 shares in the company, valued at approximately $14,086,229.92. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Matt Carey sold 13,680 shares of the business’s stock in a transaction that occurred on Sunday, August 16th. The stock was sold at an average price of $194.35, for a total value of $2,658,708.00. The disclosure for this sale can be found here. In the last three months, insiders sold 119,304 shares of company stock valued at $32,088,591. 0.26% of the stock is owned by corporate insiders.

NYSE HD opened at $287.66 on Friday. The stock has a market capitalization of $309.65 billion, a P/E ratio of 26.37, a P/E/G ratio of 2.38 and a beta of 1.09. Home Depot Inc has a 52-week low of $140.63 and a 52-week high of $292.95. The firm has a 50-day moving average price of $278.34 and a 200 day moving average price of $251.27.

Home Depot (NYSE:HD) last issued its earnings results on Tuesday, August 18th. The home improvement retailer reported $4.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.20 by $0.82. Home Depot had a negative return on equity of 583.91% and a net margin of 9.91%. The business had revenue of $38.05 billion during the quarter, compared to the consensus estimate of $32.13 billion. During the same period in the prior year, the business posted $3.17 EPS. The company’s revenue for the quarter was up 23.4% on a year-over-year basis. On average, equities research analysts predict that Home Depot Inc will post 11.36 earnings per share for the current year.

Home Depot Profile

The Home Depot, Inc operates as a home improvement retailer. It operates The Home Depot stores that sell various building materials, home improvement products, lawn and garden products, and d├ęcor products, as well as provide installation, home maintenance, and professional service programs to do-it-yourself and professional customers.

Read More: Does the Step Transaction Doctrine Affect a Backdoor Roth IRA?

Institutional Ownership by Quarter for Home Depot (NYSE:HD)

Receive News & Ratings for Home Depot Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Home Depot and related companies with MarketBeat.com's FREE daily email newsletter.