The Home Depot, Inc. $HD Shares Sold by BDF Gestion

BDF Gestion lowered its position in The Home Depot, Inc. (NYSE:HD) by 11.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 18,850 shares of the home improvement retailer’s stock after selling 2,391 shares during the quarter. Home Depot accounts for approximately 0.7% of BDF Gestion’s investment portfolio, making the stock its 27th largest position. BDF Gestion’s holdings in Home Depot were worth $5,363,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. BlackRock Inc. acquired a new position in Home Depot in the 2nd quarter valued at approximately $28,771,247,000. Bank of America Corp DE acquired a new position in shares of Home Depot during the second quarter worth $5,780,468,000. Bank of New York Mellon Corp acquired a new position in shares of Home Depot during the second quarter worth $2,777,396,000. Corient Private Wealth LP acquired a new position in shares of Home Depot during the second quarter worth $390,913,000. Finally, Legal & General Group Plc bought a new position in Home Depot during the 2nd quarter worth $1,953,883,000. Institutional investors own 70.86% of the company’s stock.

Insider Transactions at Home Depot

In related news, EVP Michael F. Rowe sold 710 shares of the company’s stock in a transaction that occurred on Wednesday, August 26th. The stock was sold at an average price of $336.76, for a total transaction of $239,099.60. Following the transaction, the executive vice president directly owned 6,838 shares of the company’s stock, valued at approximately $2,302,764.88. This represents a 9.41% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Teresa Roseborough sold 2,455 shares of the stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $328.77, for a total value of $807,130.35. Following the completion of the transaction, the executive vice president owned 14,061 shares in the company, valued at approximately $4,622,834.97. The trade was a 14.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 9,829 shares of company stock valued at $3,339,314. 0.08% of the stock is currently owned by corporate insiders.

Home Depot Trading Down 0.1%

HD stock traded down $0.29 during mid-day trading on Monday, reaching $309.34. The company’s stock had a trading volume of 1,353,065 shares, compared to its average volume of 4,470,046. The Home Depot, Inc. has a 12 month low of $277.15 and a 12 month high of $397.63. The company has a current ratio of 1.08, a quick ratio of 0.31 and a debt-to-equity ratio of 2.64. The business’s 50 day moving average price is $312.52 and its 200 day moving average price is $324.17. The company has a market cap of $308.62 billion, a price-to-earnings ratio of 21.65, a price-to-earnings-growth ratio of 2.20 and a beta of 1.00.

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

Home Depot Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd were given a dividend of $2.33 per share. This represents a $9.32 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date of this dividend was Thursday, September 3rd. Home Depot’s dividend payout ratio is 65.22%.

Analyst Upgrades and Downgrades

HD has been the subject of several recent research reports. Guggenheim reissued a “buy” rating and issued a $425.00 price target on shares of Home Depot in a research note on Wednesday, August 19th. Melius Research set a $397.00 price objective on shares of Home Depot in a research report on Tuesday, October 6th. DA Davidson reiterated a “buy” rating and set a $377.00 price objective on shares of Home Depot in a research report on Wednesday, August 19th. Jefferies Financial Group reissued a “buy” rating and set a $398.00 target price on shares of Home Depot in a research note on Tuesday, August 18th. Finally, Wolfe Research lowered shares of Home Depot from an “outperform” rating to a “peer perform” rating in a report on Tuesday, June 23rd. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $375.93.

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.