Tredje AP fonden Reduces Stock Position in The Home Depot, Inc. $HD

Tredje AP fonden trimmed its holdings in shares of The Home Depot, Inc. (NYSE:HD) by 17.6% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 157,119 shares of the home improvement retailer’s stock after selling 33,513 shares during the quarter. Tredje AP fonden’s holdings in Home Depot were worth $63,663,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Stevens Capital Management LP grew its position in Home Depot by 66.5% in the third quarter. Stevens Capital Management LP now owns 4,639 shares of the home improvement retailer’s stock worth $1,880,000 after acquiring an additional 1,853 shares in the last quarter. Isthmus Partners LLC purchased a new stake in Home Depot during the third quarter valued at approximately $231,000. Coyle Financial Counsel LLC lifted its stake in shares of Home Depot by 16.7% in the 3rd quarter. Coyle Financial Counsel LLC now owns 1,447 shares of the home improvement retailer’s stock valued at $586,000 after purchasing an additional 207 shares during the last quarter. Raiffeisen Bank International AG boosted its holdings in shares of Home Depot by 1.8% in the 3rd quarter. Raiffeisen Bank International AG now owns 160,415 shares of the home improvement retailer’s stock worth $65,256,000 after purchasing an additional 2,792 shares during the period. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its holdings in shares of Home Depot by 3.7% in the 3rd quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 19,417 shares of the home improvement retailer’s stock worth $7,868,000 after purchasing an additional 700 shares during the period. Institutional investors own 70.86% of the company’s stock.

Insiders Place Their Bets

In other news, EVP Angie Brown sold 1,946 shares of the firm’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 transaction, the executive vice president directly owned 3,941 shares of the company’s stock, valued at approximately $1,409,419.83. This trade represents a 33.06% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Ann Marie Campbell sold 145 shares of Home Depot stock in a transaction that occurred on Thursday, December 11th. The shares were 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 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. Insiders have sold 4,963 shares of company stock worth $1,748,845 in the last three months. Corporate insiders own 0.10% of the company’s stock.

Home Depot Stock Up 1.0%

Shares of HD opened at $382.38 on Friday. The firm has a fifty day moving average price of $369.26 and a 200-day moving average price of $380.29. 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 capitalization of $380.66 billion, a P/E ratio of 26.07, a P/E/G ratio of 13.53 and a beta of 1.08. The Home Depot, Inc. has a 12-month low of $326.31 and a 12-month 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 for the quarter, missing analysts’ consensus estimates of $3.83 by ($0.09). The company had revenue of $41.35 billion for the quarter, compared to the consensus estimate of $41.06 billion. Home Depot had a net margin of 8.77% and a return on equity of 160.74%. The company’s quarterly revenue was up 2.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.78 EPS. Equities research analysts expect that The Home Depot, Inc. will post 15.13 earnings per share for the current year.

More Home Depot News

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

• Positive Sentiment: Telsey Advisory Group reiterated an “Outperform” rating on HD, which supports investor confidence in the name. Telsey Reiterates Outperform
• Positive Sentiment: An earnings‑preview piece and a Yahoo Model suggest Home Depot could post an upside surprise at its upcoming quarter, giving some investors reasons to buy into the run‑up to results. Is Home Depot a ‘Buy’ Ahead of Earnings?
• Positive Sentiment: Marketing/seasonal activations (e.g., a “spring countdown” campaign) and pro‑business initiatives continue to support demand and brand engagement heading into spring selling season. TipRanks: Spring Countdown
• Neutral Sentiment: Analyst writeups (Zacks, Seeking Alpha) highlight Home Depot’s expanding Pro ecosystem, AI tools and specialty distribution as strategic advantages versus Lowe’s, but many analysts still view shares as fairly valued—useful context but no immediate catalyst. Zacks: HD vs LOW
• Neutral Sentiment: Personnel moves: a Home Depot executive surfaced in CFO hiring headlines (Yeti), signaling industry talent movement but limited direct impact on HD’s near‑term results. CFOs On the Move
• Neutral Sentiment: Macro/market context pieces note Home Depot’s upcoming earnings as a read on U.S. consumer and the housing market; these stories keep the name in focus but don’t change fundamentals. Nvidia Earnings, PPI, What to Watch
• Negative Sentiment: RBC warned HD’s fiscal Q4 is unlikely to be a “significant catalyst” and lowered its price target, moving to a more cautious stance—this analyst caution is pressuring upside expectations into results. RBC: Q4 Not a Catalyst StreetInsider: PT Lowered
• Negative Sentiment: Operational caution: reports say Home Depot tightened bonus payouts amid a housing slowdown, signaling management is bracing for softer demand—this is a direct negative on near‑term margin/comp assumptions. MSN: Stricter Bonuses

Analysts Set New Price Targets

Several analysts recently weighed in on HD shares. Morgan Stanley increased their price target on Home Depot from $395.00 to $412.00 and gave the company an “overweight” rating in a report on Thursday, January 15th. Robert W. Baird boosted their price objective on shares of Home Depot from $400.00 to $430.00 and gave the company an “outperform” rating in a research report on Tuesday. Wells Fargo & Company lowered their target price on shares of Home Depot from $400.00 to $395.00 and set an “overweight” rating for the company in a report on Wednesday, December 10th. UBS Group set a $430.00 price target on shares of Home Depot in a research note on Wednesday, December 10th. Finally, Stifel Nicolaus cut their price target on shares of Home Depot from $370.00 to $350.00 and set a “hold” rating on the stock in a report on Monday, December 1st. Twenty-one equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Home Depot presently has an average rating of “Moderate Buy” and an average target price of $408.27.

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.