The Home Depot, Inc. $HD Shares Sold by New York State Teachers Retirement System

New York State Teachers Retirement System decreased its stake in The Home Depot, Inc. (NYSE:HD) by 2.7% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 785,171 shares of the home improvement retailer’s stock after selling 21,433 shares during the quarter. Home Depot comprises approximately 0.6% of New York State Teachers Retirement System’s portfolio, making the stock its 23rd largest position. New York State Teachers Retirement System’s holdings in Home Depot were worth $318,143,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Legend Financial Advisors Inc. acquired a new stake in Home Depot in the second quarter valued at approximately $28,000. Sagard Holdings Management Inc. purchased a new position in shares of Home Depot in the second quarter valued at $29,000. LFA Lugano Financial Advisors SA acquired a new stake in Home Depot during the 2nd quarter valued at $32,000. Legacy Investment Solutions LLC acquired a new stake in Home Depot during the 2nd quarter valued at $35,000. Finally, Dougherty Wealth Advisers LLC purchased a new stake in Home Depot during the 3rd quarter worth $38,000. 70.86% of the stock is currently owned by hedge funds and other institutional investors.

Home Depot Trading Up 0.1%

NYSE:HD opened at $375.10 on Tuesday. The company has a market cap of $373.42 billion, a PE ratio of 25.57, a P/E/G ratio of 13.96 and a beta of 1.08. The business’s 50 day moving average is $354.48 and its two-hundred day moving average is $377.94. The company has a quick ratio of 0.29, a current ratio of 1.05 and a debt-to-equity ratio of 3.82. The Home Depot, Inc. has a 52 week low of $326.31 and a 52 week high of $426.75.

Home Depot (NYSE:HD) last announced its quarterly earnings data on Tuesday, November 18th. The home improvement retailer reported $3.74 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.83 by ($0.09). Home Depot had a return on equity of 160.74% and a net margin of 8.77%.The firm had revenue of $41.35 billion for the quarter, compared to the consensus estimate of $41.06 billion. During the same quarter last year, the business earned $3.78 earnings per share. The business’s revenue for the quarter was up 2.8% compared to the same quarter last year. Home Depot has set its FY 2025 guidance at 14.478-14.478 EPS. On average, analysts predict that The Home Depot, Inc. will post 15.13 EPS for the current year.

Home Depot Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 18th. Investors of record on Thursday, December 4th were given a dividend of $2.30 per share. This represents a $9.20 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend was Thursday, December 4th. Home Depot’s dividend payout ratio is currently 62.71%.

Insider Buying and Selling

In other news, EVP Ann Marie Campbell sold 145 shares of the stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $358.26, for a total transaction of $51,947.70. Following the sale, the executive vice president directly owned 12,320 shares in the company, valued at approximately $4,413,763.20. This represents a 1.16% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Teresa Wynn Roseborough sold 2,872 shares of the firm’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 sale, the executive vice president directly owned 13,196 shares in the company, valued at approximately $4,599,069.92. This trade represents a 17.87% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 4,963 shares of company stock worth $1,748,845 over the last quarter. 0.10% of the stock is owned by company insiders.

Key Headlines Impacting Home Depot

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

• Positive Sentiment: The Home Depot expanded its strategic partnership with Google Cloud to deploy “agentic” AI tools (Magic Apron enhancements, AI product-list builders for pros, automated material ordering) that aim to deepen customer engagement and boost pro workflow efficiency. The Home Depot and Google Cloud Launch Agentic AI Tools Home Depot Goes All-In On Agentic AI With Google Cloud
• Positive Sentiment: Analyst/industry pieces highlight Home Depot gearing up for a 2026 housing rebound with pro-focused tools and supply-chain upgrades, positioning it to scale if interest rates fall and demand for remodeling and new construction recovers. Is Home Depot Stock Best Positioned If Rates Ease in 2026? Home Depot Stock Gains With New Housing Plans
• Positive Sentiment: Unusual options activity: traders bought a large volume of Home Depot call options, indicating near-term bullish speculation or hedging interest that can support upside momentum in the stock. Traders Purchase Large Volume of Home Depot Call Options
• Neutral Sentiment: Coverage of Home Depot as a dividend holding reinforces its income-story appeal; lower rates could boost long-term growth prospects, but these are gradual catalysts rather than immediate drivers. 2 Top Dividend Stocks to Buy in 2026 and Hold for a Lifetime of Passive Income The Dogs of the Dow: 10 Downtrodden Dividends
• Negative Sentiment: A comparative piece contrasts Home Depot with peers (e.g., Costco) and underscores Home Depot’s sensitivity to macro forces — a reminder that weaker housing activity or slower rate cuts could weigh on revenue and margins. Best Stock to Buy Right Now: Costco vs. Home Depot

Analyst Ratings Changes

A number of equities analysts have weighed in on HD shares. Jefferies Financial Group reissued a “buy” rating and issued a $424.00 price objective on shares of Home Depot in a research report on Wednesday, December 10th. Zacks Research downgraded Home Depot from a “hold” rating to a “strong sell” rating in a report on Thursday, November 27th. Morgan Stanley restated an “outperform” rating on shares of Home Depot in a research note on Wednesday, December 10th. DZ Bank restated a “sell” rating on shares of Home Depot in a report on Tuesday, November 18th. Finally, Evercore ISI reduced their target price on Home Depot from $450.00 to $425.00 and set an “outperform” rating for the company in a research note on Wednesday, November 19th. Twenty-one equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, Home Depot has a consensus rating of “Moderate Buy” and a consensus target price of $402.10.

About Home Depot

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.