MassMutual Private Wealth & Trust FSB Grows Position in The Home Depot, Inc. $HD

MassMutual Private Wealth & Trust FSB increased its holdings in The Home Depot, Inc. (NYSE:HD) by 3.3% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 121,566 shares of the home improvement retailer’s stock after purchasing an additional 3,858 shares during the period. Home Depot comprises about 1.3% of MassMutual Private Wealth & Trust FSB’s portfolio, making the stock its 15th largest holding. MassMutual Private Wealth & Trust FSB’s holdings in Home Depot were worth $49,257,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Norges Bank bought a new position in Home Depot during the second quarter valued at approximately $4,885,603,000. Laurel Wealth Advisors LLC raised its stake in Home Depot by 36,207.5% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 10,076,783 shares of the home improvement retailer’s stock valued at $3,694,552,000 after buying an additional 10,049,029 shares during the last quarter. Valeo Financial Advisors LLC lifted its holdings in shares of Home Depot by 16,746.9% during the 2nd quarter. Valeo Financial Advisors LLC now owns 4,537,880 shares of the home improvement retailer’s stock valued at $1,663,768,000 after buying an additional 4,510,944 shares during the period. Vanguard Group Inc. boosted its stake in shares of Home Depot by 1.5% in the 2nd quarter. Vanguard Group Inc. now owns 97,978,814 shares of the home improvement retailer’s stock worth $35,922,952,000 after buying an additional 1,494,615 shares during the last quarter. Finally, Kingstone Capital Partners Texas LLC bought a new stake in shares of Home Depot in the second quarter worth $418,486,000. Institutional investors own 70.86% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have weighed in on the company. Truist Financial set a $390.00 target price on Home Depot in a report on Wednesday, December 17th. The Goldman Sachs Group reiterated a “buy” rating and issued a $413.00 price objective on shares of Home Depot in a research note on Wednesday, December 10th. Stifel Nicolaus cut their target price on shares of Home Depot from $370.00 to $350.00 and set a “hold” rating for the company in a research report on Monday, December 1st. HSBC decreased their price target on shares of Home Depot from $445.00 to $400.00 and set a “hold” rating on the stock in a research report on Wednesday, November 19th. Finally, Jefferies Financial Group reissued a “buy” rating and set a $424.00 price objective on shares of Home Depot in a research report on Wednesday, December 10th. Twenty-one analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Home Depot presently has an average rating of “Moderate Buy” and an average price target of $402.10.

Insider Buying and Selling

In other Home Depot news, EVP Teresa Wynn Roseborough sold 2,872 shares of the company’s stock in a transaction that occurred on Friday, December 26th. The stock was sold at an average price of $348.52, for a total value of $1,000,949.44. Following the completion of the transaction, the executive vice president directly owned 13,196 shares in the company, valued at $4,599,069.92. This represents a 17.87% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Angie Brown sold 1,946 shares of Home Depot stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $357.63, for a total transaction of $695,947.98. Following the sale, the executive vice president owned 3,941 shares in the company, valued at approximately $1,409,419.83. The trade was a 33.06% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 4,963 shares of company stock worth $1,748,845. 0.10% of the stock is owned by corporate insiders.

Home Depot Stock Performance

HD opened at $359.65 on Friday. The company has a 50 day simple moving average of $354.64 and a two-hundred day simple moving average of $377.51. The company has a debt-to-equity ratio of 3.82, a current ratio of 1.05 and a quick ratio of 0.29. The firm has a market cap of $358.03 billion, a P/E ratio of 24.52, a PEG ratio of 13.00 and a beta of 1.08. The Home Depot, Inc. has a 1-year low of $326.31 and a 1-year high of $426.75.

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). The firm had revenue of $41.35 billion for the quarter, compared to analysts’ expectations of $41.06 billion. Home Depot had a net margin of 8.77% and a return on equity of 160.74%. The firm’s quarterly revenue was up 2.8% compared to the same quarter last year. During the same quarter last year, the firm posted $3.78 EPS. Home Depot has set its FY 2025 guidance at 14.478-14.478 EPS. Equities analysts forecast that The Home Depot, Inc. will post 15.13 earnings per share for the current fiscal year.

Home Depot Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 18th. Stockholders of record on Thursday, December 4th were paid a $2.30 dividend. The ex-dividend date of this dividend was Thursday, December 4th. This represents a $9.20 dividend on an annualized basis and a dividend yield of 2.6%. Home Depot’s dividend payout ratio is 62.71%.

Home Depot News Summary

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

• Positive Sentiment: Broad market tailwind — gains in Home Depot contributed to a large Dow rally, supporting the stock’s rise. Nike, Home Depot share gains contribute to Dow’s nearly 225-point jump
• Positive Sentiment: Investor rotation into cash-rich retailers and renovation-focused demand is creating favorable sector-level momentum for HD. Investor Shift To Cash-Rich Retailers And Renovation Trend Could Be A Game Changer For Home Depot (HD)
• Positive Sentiment: Vendor response eased a recent PR/ESG concern, which TipRanks says helped lift the stock after criticism around greenhouse waste. “…Conduct Business in a Responsible Manner”: Home Depot Stock Surges With Kurt Weiss Greenhouses Response
• Positive Sentiment: Analyst/feature pieces framing HD as a recovery/“fixer‑upper” play on consumer spending and remodeling support longer‑term demand expectations. Home Depot: A Fixer-Upper
• Neutral Sentiment: Local enforcement/immigration headlines (Phoenix raid) have been mentioned in the press but have produced limited lasting impact on fundamentals so far. Phoenix Raid Lands Four Day Laborers, Home Depot Stock Notches Up
• Negative Sentiment: Unusual options activity: traders bought a large block of puts (57,026 on Jan. 8; put volume up ~71% vs typical), which can signal hedging or short‑bet interest and increases downside risk. Home Depot Unusual Options Activity
• Negative Sentiment: Legal risk: Pomerantz has launched an investor investigation into Home Depot, introducing potential litigation over prior disclosures. INVESTOR ALERT: Pomerantz Law Firm Investigates Claims
• Negative Sentiment: Guidance trimmed versus consensus: FY‑2025 EPS was set at 14.478 vs analysts’ 14.510 and revenue guidance missed consensus slightly, which is a modest near‑term headwind for expectations.

Home Depot 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.