The Home Depot, Inc. $HD Stake Lessened by Greenleaf Trust

Greenleaf Trust decreased its holdings in shares of The Home Depot, Inc. (NYSE:HD) by 11.0% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 39,683 shares of the home improvement retailer’s stock after selling 4,920 shares during the period. Greenleaf Trust’s holdings in Home Depot were worth $11,289,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Winning Points Advisors LLC raised its position in Home Depot by 1.0% during the second quarter. Winning Points Advisors LLC now owns 2,891 shares of the home improvement retailer’s stock valued at $1,020,000 after buying an additional 30 shares during the period. Beaird Harris Wealth Management LLC boosted its position in Home Depot by 1.6% during the 2nd quarter. Beaird Harris Wealth Management LLC now owns 1,945 shares of the home improvement retailer’s stock worth $686,000 after acquiring an additional 31 shares during the period. Poehling Capital Management INC. boosted its position in Home Depot by 3.1% during the 2nd quarter. Poehling Capital Management INC. now owns 1,054 shares of the home improvement retailer’s stock worth $372,000 after acquiring an additional 32 shares during the period. Cornerstone Wealth Management LLC boosted its position in Home Depot by 0.3% during the 2nd quarter. Cornerstone Wealth Management LLC now owns 11,140 shares of the home improvement retailer’s stock worth $3,929,000 after acquiring an additional 32 shares during the period. Finally, Principia Wealth Advisory LLC grew its stake in Home Depot by 60.4% during the 2nd quarter. Principia Wealth Advisory LLC now owns 85 shares of the home improvement retailer’s stock valued at $30,000 after acquiring an additional 32 shares in the last quarter. 70.86% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Home Depot

In other Home Depot news, CAO Kimberly R. Scardino sold 675 shares of the firm’s stock in a transaction dated Thursday, September 10th. The shares were sold at an average price of $305.95, for a total transaction of $206,516.25. Following the completion of the transaction, the chief accounting officer owned 8,189 shares in the company, valued at $2,505,424.55. This trade represents a 7.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Richard V. Mcphail sold 5,989 shares of Home Depot stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $348.40, for a total value of $2,086,567.60. Following the sale, the chief financial officer directly owned 48,104 shares in the company, valued at $16,759,433.60. The trade was a 11.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 9,829 shares of company stock worth $3,339,314 over the last three months. 0.08% of the stock is currently owned by corporate insiders.

Home Depot Stock Up 0.0%

Shares of HD stock opened at $329.31 on Monday. The stock’s 50 day simple moving average is $308.45 and its 200 day simple moving average is $334.91. The company has a debt-to-equity ratio of 2.64, a quick ratio of 0.31 and a current ratio of 1.08. The Home Depot, Inc. has a twelve month low of $277.15 and a twelve month high of $397.63. The company has a market capitalization of $328.55 billion, a price-to-earnings ratio of 23.04, a PEG ratio of 2.34 and a beta of 1.00.

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

Home Depot Dividend Announcement

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

More Home Depot News

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

• Positive Sentiment: Steady demand for smaller home-improvement projects and continued digital gains are helping sustain Home Depot’s sales growth despite pressure on larger renovations. This suggests consumers are still spending on maintenance and affordable upgrades. Are Smaller Home Projects Sustaining Home Depot’s Sales Growth?
• Positive Sentiment: One analysis identifies HD as a potential long-term stock, supporting the bullish case based on the company’s scale, established brand, cash generation, and ability to benefit when housing and renovation activity recover. Why Home Depot Is a Top Stock for the Long-Term
• Positive Sentiment: Coverage of dividend-focused blue-chip investments highlights Home Depot’s long history of returning cash to shareholders. Its dividend may appeal to investors seeking income while waiting for a broader housing and remodeling recovery. $300,000 in Home Depot, IBM and McDonald’s Could Pay Over $8,500 a Year
• Neutral Sentiment: A comparison with Somnigroup International asks whether SGI or HD offers better value. The article is primarily a relative-valuation discussion rather than a new company-specific catalyst, so its effect on HD is likely limited. SGI vs. HD: Which Stock Is the Better Value Option?
• Negative Sentiment: Another analysis argues that HD’s valuation may be demanding after its roughly 20% three-year gain, raising concern that the share price could already reflect much of the expected future cash flow. Home Depot Stock Looks Overvalued After Its Three-Year Run
• Negative Sentiment: Commentary on a delayed macroeconomic recovery presents HD as a potential dip-buying opportunity, but also signals that high interest rates, weaker housing activity, and postponed major renovations may continue to restrain near-term results. Home Depot: Delayed Macro Recovery Triggers Dip Buying Opportunity and Richer Yields

Analyst Ratings Changes

Several research analysts have weighed in on the stock. Jefferies Financial Group reiterated a “buy” rating and issued a $398.00 price objective on shares of Home Depot in a research note on Tuesday, August 18th. Wells Fargo & Company boosted their price target on shares of Home Depot from $360.00 to $400.00 and gave the company an “overweight” rating in a report on Tuesday, August 11th. Stifel Nicolaus cut their price objective on Home Depot from $346.00 to $322.00 and set a “hold” rating for the company in a report on Monday, October 26th. Sanford C. Bernstein reduced their price objective on Home Depot from $354.00 to $344.00 and set a “market perform” rating for the company in a research report on Wednesday, September 9th. Finally, Argus reissued a “buy” rating and issued a $400.00 price target on shares of Home Depot in a research note on Wednesday, August 19th. 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 assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $375.31.

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.