IQ EQ FUND MANAGEMENT IRELAND Ltd Sells 2,801 Shares of The Home Depot, Inc. $HD

IQ EQ FUND MANAGEMENT IRELAND Ltd lowered its holdings in The Home Depot, Inc. (NYSE:HD) by 16.7% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 13,951 shares of the home improvement retailer’s stock after selling 2,801 shares during the quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd’s holdings in Home Depot were worth $5,653,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in the business. Sagard Holdings Management Inc. bought a new position in Home Depot in the 2nd quarter valued at $29,000. LFA Lugano Financial Advisors SA acquired a new position in shares of Home Depot during the second quarter valued at $32,000. Dougherty Wealth Advisers LLC acquired a new position in shares of Home Depot during the third quarter valued at $38,000. AXS Investments LLC bought a new position in Home Depot in the third quarter valued at about $38,000. Finally, Marquette Asset Management LLC acquired a new stake in Home Depot in the third quarter worth about $38,000. Institutional investors own 70.86% of the company’s stock.

Trending Headlines about Home Depot

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

• Positive Sentiment: Company is doubling down on its Pro strategy (digital tools, supply-chain integration, cross-selling) that could drive larger, higher-margin project business over time — a structural growth lever investors like. Here’s Why Home Depot’s Pro Strategy Is a Long-Term Growth Lever
• Positive Sentiment: Restructuring and an in‑house marketing shift signal management is tightening operations and pursuing cost savings that could bolster margins if execution goes smoothly. Home Depot Restructuring Signals Tighter Operations And In House Marketing Shift
• Neutral Sentiment: Wolfe Research trimmed its price target slightly (from $415 to $414) but kept an outperform rating — a minor revision that leaves consensus sentiment largely intact. Wolfe Research Adjusts Price Target on Home Depot to $414 from $415
• Neutral Sentiment: Short-term price action has been choppy — the stock recently advanced while the broader market lagged, reflecting tactical buying and mixed investor positioning. Home Depot (HD) Advances While Market Declines
• Negative Sentiment: Management said it is resetting the office workforce and reallocating resources toward tech and garden — layoffs and reorgs can create near-term disruption and execution risk that pressures sentiment. Home Depot Resets Office Workforce While Betting On Tech And Garden Growth
• Negative Sentiment: Analyst commentary remains cautious: some writers say recent results and valuation leave HD less compelling right now, highlighting that restructuring benefits may take time to materialize. Home Depot: Why It Surprised Me, But Isn’t A Buy Yet

Insider Buying and Selling at Home Depot

In other 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 value of $695,947.98. Following the completion of the transaction, the executive vice president owned 3,941 shares in the company, valued at $1,409,419.83. This represents a 33.06% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Teresa Wynn Roseborough sold 2,872 shares of the firm’s stock in a transaction on Friday, December 26th. The stock was sold at an average price of $348.52, for a total transaction of $1,000,949.44. Following 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 4,963 shares of company stock valued at $1,748,845. 0.10% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

HD has been the topic of a number of research reports. Stifel Nicolaus cut their target price on shares of Home Depot from $370.00 to $350.00 and set a “hold” rating on the stock in a research report on Monday, December 1st. HSBC dropped their price target on shares of Home Depot from $445.00 to $400.00 and set a “hold” rating for the company in a research note on Wednesday, November 19th. DA Davidson reduced their price objective on shares of Home Depot from $430.00 to $407.00 and set a “buy” rating on the stock in a research note on Wednesday, December 10th. JPMorgan Chase & Co. dropped their target price on shares of Home Depot from $444.00 to $423.00 and set an “overweight” rating for the company in a research report on Wednesday, November 19th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a $424.00 price objective on shares of Home Depot in a research note on Wednesday, December 10th. Twenty-one investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $404.47.

Home Depot Stock Performance

HD stock opened at $382.06 on Friday. The Home Depot, Inc. has a 1-year low of $326.31 and a 1-year 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 firm has a market cap of $380.34 billion, a PE ratio of 26.04, a P/E/G ratio of 13.82 and a beta of 1.08. The business’s 50-day moving average price is $362.25 and its two-hundred day moving average price is $379.35.

Home Depot (NYSE:HD) last announced its quarterly earnings results 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 business had revenue of $41.35 billion during the quarter, compared to the consensus estimate of $41.06 billion. During the same quarter last year, the company earned $3.78 earnings per share. The firm’s revenue 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 earnings per share for the current year.

Home Depot Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, December 18th. Shareholders 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 yield of 2.4%. Home Depot’s payout ratio is presently 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.