3,769 The Home Depot, Inc. $HD Shares Sold by Woodley Farra Manion Portfolio Management Inc.

Woodley Farra Manion Portfolio Management Inc. reduced its stake in The Home Depot, Inc. (NYSE:HD) by 2.2% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 168,096 shares of the home improvement retailer’s stock after selling 3,769 shares during the period. Home Depot accounts for about 2.4% of Woodley Farra Manion Portfolio Management Inc.’s investment portfolio, making the stock its 18th biggest holding. Woodley Farra Manion Portfolio Management Inc.’s holdings in Home Depot were worth $47,822,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Winning Points Advisors LLC increased its position in Home Depot by 1.0% in the second quarter. Winning Points Advisors LLC now owns 2,891 shares of the home improvement retailer’s stock worth $1,020,000 after buying an additional 30 shares during the period. Beaird Harris Wealth Management LLC boosted its holdings in shares of Home Depot by 1.6% during the second quarter. Beaird Harris Wealth Management LLC now owns 1,945 shares of the home improvement retailer’s stock valued at $686,000 after acquiring an additional 31 shares during the period. Family Capital Management Inc. boosted its holdings in shares of Home Depot by 3.4% during the third quarter. Family Capital Management Inc. now owns 949 shares of the home improvement retailer’s stock valued at $270,000 after acquiring an additional 31 shares during the period. Poehling Capital Management INC. grew its position in shares of Home Depot by 3.1% during the second 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 last quarter. Finally, Cornerstone Wealth Management LLC increased its holdings in shares of Home Depot by 0.3% in 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. 70.86% of the stock is owned by institutional investors.

Home Depot Price Performance

Shares of NYSE HD opened at $351.09 on Wednesday. The Home Depot, Inc. has a twelve month low of $277.15 and a twelve 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 firm has a 50-day moving average of $310.35 and a two-hundred day moving average of $333.77. The company has a market capitalization of $350.28 billion, a price-to-earnings ratio of 24.57, a PEG ratio of 2.51 and a beta of 0.93.

Home Depot (NYSE:HD) last announced its 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. Home Depot had a return on equity of 106.42% and a net margin of 8.41%. The company had revenue of $47.86 billion for the quarter, compared to analyst estimates of $47.24 billion. During the same period in the previous year, the firm earned $4.68 earnings per share. Home Depot’s revenue for the quarter was up 5.7% compared to the same quarter last year. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. As a group, analysts expect that The Home Depot, Inc. will post 15.01 earnings per share for the current fiscal year.

Home Depot Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, September 17th. Shareholders of record on Thursday, September 3rd were paid a dividend of $2.33 per share. The ex-dividend date of this dividend was Thursday, September 3rd. This represents a $9.32 dividend on an annualized basis and a dividend yield of 2.7%. Home Depot’s dividend payout ratio (DPR) is 65.22%.

Key Home Depot News

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

• Positive Sentiment: Home Depot’s reported 1.7% comparable-sales growth, strong professional-customer demand and digital gains suggest the business is holding up despite uneven conditions. Can Home Depot Sustain Comparable Sales Growth Amid Uneven Demand?
• Positive Sentiment: Analyst expectations for earnings growth and a possible upcoming earnings beat could support investor sentiment ahead of the company’s report. Home Depot Reports Next Week: Wall Street Expects Earnings Growth
• Positive Sentiment: JPMorgan raised its price target to $400 and kept an Overweight rating, signaling a more optimistic view of HD’s potential. JPMorgan price-target update
• Neutral Sentiment: Bernstein increased its target to $357 but maintained a Market Perform rating, suggesting limited near-term conviction despite the higher estimate. Bernstein price-target update
• Negative Sentiment: Housing-market pressures and weak transactions remain key risks. One analysis says transactions need to turn positive for a stronger case, tempering the positive signals from comps and Pro demand. Home Depot: Hold Into Q3 Earnings, Transactions Must Turn Positive

Analyst Upgrades and Downgrades

HD has been the subject of several analyst reports. Stifel Nicolaus reduced their price objective on Home Depot from $346.00 to $322.00 and set a “hold” rating for the company in a research report on Monday, October 26th. KeyCorp restated a “sector weight” rating on shares of Home Depot in a research report on Wednesday, August 19th. TD Cowen reaffirmed a “buy” rating on shares of Home Depot in a research note on Monday, August 10th. UBS Group reiterated a “buy” rating on shares of Home Depot in a research report on Thursday, September 17th. Finally, Wells Fargo & Company boosted their price target on Home Depot from $360.00 to $400.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 11th. One analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $375.90.

Insider Activity at Home Depot

In other Home Depot news, EVP Michael Rowe sold 710 shares of the business’s stock in a transaction dated Wednesday, August 26th. The stock was sold at an average price of $336.76, for a total value of $239,099.60. Following the transaction, the executive vice president owned 6,838 shares in the company, valued at $2,302,764.88. The trade was a 9.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CAO Kimberly Scardino sold 675 shares of the stock in a transaction that occurred on Thursday, September 10th. The stock was sold at an average price of $305.95, for a total value 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 represents a 7.62% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 9,829 shares of company stock valued at $3,339,314. Insiders own 0.08% of the company’s stock.

About Home Depot

The Home Depot, Inc. is a home improvement retailer serving do-it-yourself customers, professional contractors and other businesses. The company sells building materials, tools, hardware, appliances, paint, flooring, and products for home maintenance, repair and renovation, as well as lawn and garden supplies. In addition to its retail stores and online channels, Home Depot offers services such as product delivery, equipment rental and home improvement installation. The company was founded in 1978 and is headquartered in Atlanta, Georgia.