Simplicity Wealth LLC Sells 8,993 Shares of The Home Depot, Inc. $HD

Simplicity Wealth LLC decreased its holdings in shares of The Home Depot, Inc. (NYSE:HD) by 38.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,106 shares of the home improvement retailer’s stock after selling 8,993 shares during the period. Simplicity Wealth LLC’s holdings in Home Depot were worth $5,716,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Legend Financial Advisors Inc. purchased a new stake in Home Depot in the 2nd quarter worth approximately $28,000. Sagard Holdings Management Inc. bought a new position in shares of Home Depot in the second quarter worth approximately $29,000. LFA Lugano Financial Advisors SA purchased a new stake in shares of Home Depot in the second quarter worth $32,000. Legacy Investment Solutions LLC bought a new stake in shares of Home Depot during the 2nd quarter valued at $35,000. Finally, Dougherty Wealth Advisers LLC purchased a new position in shares of Home Depot during the 3rd quarter valued at $38,000. Hedge funds and other institutional investors own 70.86% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on HD shares. DZ Bank reiterated a “sell” rating on shares of Home Depot in a research note on Tuesday, November 18th. Jefferies Financial Group restated a “buy” rating and issued a $424.00 price target on shares of Home Depot in a research note on Wednesday, December 10th. Royal Bank Of Canada reduced their price objective on shares of Home Depot from $376.00 to $366.00 and set a “sector perform” rating on the stock in a research report on Wednesday, December 10th. Zacks Research cut shares of Home Depot from a “hold” rating to a “strong sell” rating in a research note on Thursday, November 27th. Finally, UBS Group set a $430.00 price target on shares of Home Depot in a research note on Wednesday, December 10th. Twenty-one research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, Home Depot presently has an average rating of “Moderate Buy” and an average price target of $404.50.

Insider Activity at Home Depot

In related news, EVP Ann Marie Campbell sold 145 shares of the business’s stock in a transaction 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 completion of the transaction, the executive vice president owned 12,320 shares in the company, valued at $4,413,763.20. The trade was a 1.16% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Teresa Wynn Roseborough sold 2,872 shares of the stock in a transaction 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 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 disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 4,963 shares of company stock worth $1,748,845. Insiders own 0.10% of the company’s stock.

More Home Depot News

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

• Positive Sentiment: TD Cowen raised its price target to $450 and reiterated a Buy rating, signaling analyst confidence in upside and supporting bullish sentiment. Home Depot price target raised by TD Cowen (The Fly)
• Positive Sentiment: Home Depot outperformed the broader market in the latest session, reflecting short-term buying interest and helping momentum into the close. Home Depot Outperforms Broader Market (Zacks)
• Neutral Sentiment: The Home Depot Foundation released research highlighting a skilled-labor gap that hampers disaster rebuilding — a reputational/strategic initiative that underscores long-term service opportunities but also flags an industry-wide headwind. Home Depot Foundation research (PRNewswire)
• Neutral Sentiment: HD appears on a “Dogs of the Dow” dividend screener list — a visibility item for income investors but not a near-term price catalyst. Dogs of the Dow mention (MarketBeat)
• Negative Sentiment: Coverage flagged potential reputational risk from alleged ties to ICE, which has drawn public attention; such controversies can pressure consumer sentiment and invite scrutiny. ICE connection concerns (TipRanks)
• Negative Sentiment: Local competition in Texas and other regional entrants are being reported as a near-term sales/share pressure risk, potentially affecting market share in specific markets. New competitor in Texas (TipRanks)
• Negative Sentiment: Analysts and commentators warn HD trades at a premium and faces softer housing/pro momentum, with note of slowing Pro segment momentum and downward earnings revisions — valuation and demand concerns could cap upside. Valuation and demand warning (Zacks)
• Negative Sentiment: Consensus previews expect a sizable EPS decline for Q4 2025 (analysts projecting a high-teens drop), which raises the risk of disappointing the market when HD reports quarterly results. Q4 2025 earnings preview (Barchart)

Home Depot Trading Up 2.6%

HD opened at $384.80 on Thursday. The Home Depot, Inc. has a 12 month low of $326.31 and a 12 month high of $426.75. The company has a current ratio of 1.05, a quick ratio of 0.29 and a debt-to-equity ratio of 3.82. The stock has a 50-day moving average of $355.33 and a 200 day moving average of $378.32. The firm has a market cap of $383.07 billion, a P/E ratio of 26.23, a P/E/G ratio of 13.98 and a beta of 1.08.

Home Depot (NYSE:HD) last announced its earnings results on Tuesday, November 18th. The home improvement retailer reported $3.74 EPS for the quarter, missing analysts’ consensus estimates of $3.83 by ($0.09). Home Depot had a return on equity of 160.74% and a net margin of 8.77%.The company had revenue of $41.35 billion during the quarter, compared to analysts’ expectations of $41.06 billion. During the same quarter last year, the firm posted $3.78 EPS. Home Depot’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. As a group, research analysts forecast that The Home Depot, Inc. will post 15.13 EPS for the current year.

Home Depot Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, December 18th. Investors of record on Thursday, December 4th were paid a dividend of $2.30 per share. 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 2.4%. Home Depot’s payout ratio is currently 62.71%.

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.