First Nebraska Trust Co Purchases New Shares in The Home Depot, Inc. $HD

First Nebraska Trust Co bought a new position in shares of The Home Depot, Inc. (NYSE:HD) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 11,812 shares of the home improvement retailer’s stock, valued at approximately $3,360,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Stiles Financial Services Inc grew its position in Home Depot by 1.9% in the third quarter. Stiles Financial Services Inc now owns 13,095 shares of the home improvement retailer’s stock worth $3,725,000 after buying an additional 240 shares during the last quarter. IPG Investment Advisors LLC boosted its position in Home Depot by 7.8% during the third quarter. IPG Investment Advisors LLC now owns 7,263 shares of the home improvement retailer’s stock valued at $2,066,000 after purchasing an additional 526 shares during the last quarter. CrossGen Wealth LLC grew its stake in Home Depot by 4.0% in the third quarter. CrossGen Wealth LLC now owns 4,854 shares of the home improvement retailer’s stock valued at $1,381,000 after purchasing an additional 188 shares in the last quarter. Bauman Advisory Group LLC grew its stake in Home Depot by 18.2% in the third quarter. Bauman Advisory Group LLC now owns 1,063 shares of the home improvement retailer’s stock valued at $302,000 after purchasing an additional 164 shares in the last quarter. Finally, Eads & Heald Wealth Management increased its position in Home Depot by 13.0% in the 3rd quarter. Eads & Heald Wealth Management now owns 4,235 shares of the home improvement retailer’s stock worth $1,205,000 after purchasing an additional 488 shares during the last quarter. 70.86% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Home Depot

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

• Positive Sentiment: Home Depot recently beat earnings expectations, supporting optimism about its ability to deliver results even in a challenging housing environment. Home Depot Stock Could Be Poised for a Turnaround
• Positive Sentiment: Coverage highlights Home Depot’s 17 consecutive years of dividend increases and its scale, which may help it remain resilient and sustain shareholder returns through a weak housing cycle. Home Depot Has Raised Its Dividend 17 Straight Years
• Neutral Sentiment: Analyst-oriented coverage says Home Depot has a record of earnings surprises and may be positioned to beat estimates again; this is a forecast, not a reported result. The company will hold its third-quarter earnings call on November 17. Will Home Depot Beat Estimates Again? Third Quarter Earnings Call Announcement
• Negative Sentiment: The stock’s weakness amid a broader-market uptick suggests investors remain cautious. Recent commentary cites a historically sluggish housing market and shares being down for the year as factors that could weigh on expectations for renovation-related spending. Home Depot Stock Falls Amid Market Uptick

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the stock. Wells Fargo & Company upped their price objective on shares of Home Depot from $360.00 to $400.00 and gave the stock an “overweight” rating in a report on Tuesday, August 11th. DA Davidson reaffirmed a “buy” rating and set a $377.00 target price on shares of Home Depot in a research report on Wednesday, August 19th. Royal Bank Of Canada decreased their target price on Home Depot from $343.00 to $342.00 and set a “sector perform” rating for the company in a research report on Wednesday, August 19th. Sanford C. Bernstein lowered their price target on Home Depot from $354.00 to $344.00 and set a “market perform” rating on the stock in a report on Wednesday, September 9th. Finally, Guggenheim reissued a “buy” rating and issued a $425.00 price target on shares of Home Depot in a research report on Wednesday, August 19th. One research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $375.31.

Home Depot Price Performance

Shares of HD stock opened at $333.49 on Wednesday. The stock’s fifty day simple moving average is $308.48 and its 200 day simple moving average is $334.51. The company has a debt-to-equity ratio of 2.64, a current ratio of 1.08 and a quick ratio of 0.31. The firm has a market cap of $332.72 billion, a price-to-earnings ratio of 23.34, a P/E/G ratio of 2.43 and a beta of 0.93. The Home Depot, Inc. has a one year low of $277.15 and a one year high of $397.63.

Home Depot (NYSE:HD) last posted its quarterly earnings data on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share for the quarter, topping the consensus estimate of $4.73 by $0.19. The company had revenue of $47.86 billion during the quarter, compared to analyst estimates of $47.24 billion. Home Depot had a net margin of 8.41% and a return on equity of 106.42%. The company’s revenue was up 5.7% on a year-over-year basis. During the same quarter last year, the business posted $4.68 earnings per share. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. On average, analysts expect that The Home Depot, Inc. will post 15.01 earnings per share for the current fiscal year.

Home Depot Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 17th. Shareholders of record on Thursday, September 3rd were paid a $2.33 dividend. The ex-dividend date of this dividend was Thursday, September 3rd. This represents a $9.32 dividend on an annualized basis and a yield of 2.8%. Home Depot’s dividend payout ratio (DPR) is presently 65.22%.

Insider Buying and Selling at Home Depot

In other Home Depot news, EVP Michael Rowe sold 710 shares of Home Depot stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $336.76, for a total transaction of $239,099.60. Following the completion of the sale, the executive vice president owned 6,838 shares of the company’s stock, valued at approximately $2,302,764.88. The trade was a 9.41% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Teresa Roseborough sold 2,455 shares of the company’s stock in a transaction on Friday, August 28th. The shares were sold at an average price of $328.77, for a total transaction of $807,130.35. Following the sale, the executive vice president owned 14,061 shares of the company’s stock, valued at $4,622,834.97. The trade was a 14.86% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 9,829 shares of company stock worth $3,339,314 over the last quarter. 0.08% of the stock is currently owned by insiders.

Home Depot Company Profile

The Home Depot, Inc is a home improvement retailer serving do-it-yourself customers, professional contractors, and other building and maintenance professionals. The company sells a broad selection of building materials, hardware, tools, appliances, paint, plumbing and electrical supplies, flooring, lighting, lawn and garden products, and home décor.

In addition to merchandise, Home Depot offers services such as product delivery, tool and equipment rental, credit services, and installation for selected products.