Town & Country Bank & Trust CO dba First Bankers Trust CO Sells 3,973 Shares of The Home Depot, Inc. $HD

Town & Country Bank & Trust CO dba First Bankers Trust CO trimmed its stake in shares of The Home Depot, Inc. (NYSE:HD) by 29.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,564 shares of the home improvement retailer’s stock after selling 3,973 shares during the period. Home Depot comprises 1.3% of Town & Country Bank & Trust CO dba First Bankers Trust CO’s holdings, making the stock its 21st largest position. Town & Country Bank & Trust CO dba First Bankers Trust CO’s holdings in Home Depot were worth $3,875,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also made changes to their positions in HD. Sagard Holdings Management Inc. purchased a new stake in shares of Home Depot during the 2nd quarter worth $29,000. LFA Lugano Financial Advisors SA acquired a new position in Home Depot during the second quarter worth approximately $32,000. Legacy Investment Solutions LLC purchased a new position in Home Depot in the 2nd quarter valued at about $35,000. Dougherty Wealth Advisers LLC bought a new stake in shares of Home Depot during the 3rd quarter valued at about $38,000. Finally, Marquette Asset Management LLC acquired a new position in Home Depot in the third quarter worth approximately $38,000. 70.86% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Home Depot

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

• Positive Sentiment: Management is cutting roughly 800 corporate roles as part of a reorganization intended to speed decision-making and redirect resources toward frontline stores—cost reductions could support margins and near-term EPS if savings are realized. Home Depot to cut 800 corporate jobs at its Atlanta store support center
• Positive Sentiment: Product placement: Home Depot will carry Back to the Roots’ 100% organic heirloom seed line across about 2,000 U.S. stores — a seasonal merchandising boost for the gardening category that can drive incremental traffic and sales in spring. Back to the Roots Expands Organic Heirloom Seed Line to The Home Depot Stores Nationwide
• Neutral Sentiment: Analysts remain mixed on Home Depot’s outlook; some see resilience in discretionary demand while others point to housing headwinds — mixed analyst views mean guidance and upcoming comps will likely drive short-term trading more than a unanimous thesis. Analysts Have Conflicting Sentiments on These Consumer Cyclical Companies: Home Depot (HD) and Starbucks (SBUX)
• Negative Sentiment: The scale of the cuts and an order for corporate employees to return to the office five days a week are being interpreted as management reacting to a slowdown (notably a frozen housing market). That raises concern about lower same-store sales and traffic ahead, which could pressure revenue and the stock until comps or guidance rebound. Home Depot Cuts 800 Workers, Orders Corporate Workers Back to Office Full Time

Home Depot Stock Down 0.9%

Home Depot stock opened at $371.91 on Friday. The firm’s fifty day moving average is $359.07 and its 200 day moving average is $378.68. The Home Depot, Inc. has a 12-month low of $326.31 and a 12-month high of $426.75. 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 company has a market capitalization of $370.24 billion, a PE ratio of 25.35, a PEG ratio of 13.99 and a beta of 1.08.

Home Depot (NYSE:HD) last issued 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). Home Depot had a return on equity of 160.74% and a net margin of 8.77%.The business had revenue of $41.35 billion for the quarter, compared to the consensus estimate of $41.06 billion. During the same quarter in the prior year, the business earned $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, sell-side analysts predict that The Home Depot, Inc. will post 15.13 EPS for the current fiscal year.

Home Depot Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, December 18th. Investors of record on Thursday, December 4th were given a $2.30 dividend. This represents a $9.20 annualized dividend 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 presently 62.71%.

Insider Activity at Home Depot

In related news, EVP Angie Brown sold 1,946 shares of the company’s 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 directly owned 3,941 shares of the company’s stock, valued at $1,409,419.83. This represents a 33.06% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Ann Marie Campbell sold 145 shares of the business’s 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 owned 12,320 shares of the company’s stock, valued at $4,413,763.20. This represents a 1.16% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 4,963 shares of company stock worth $1,748,845. 0.10% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on HD shares. Jefferies Financial Group reaffirmed a “buy” rating and issued a $424.00 target price on shares of Home Depot in a report on Wednesday, December 10th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Home Depot in a research report on Monday, December 29th. Citigroup cut their price target on shares of Home Depot from $422.00 to $407.00 and set a “buy” rating for the company in a research note on Friday, November 21st. UBS Group set a $430.00 price objective on Home Depot in a research note on Wednesday, December 10th. Finally, Guggenheim dropped their price target on Home Depot from $450.00 to $400.00 and set a “buy” rating for the company in a report on Thursday, November 20th. Twenty-one 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.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $404.50.

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.