Spartan Planning & Wealth Management Grows Holdings in The Home Depot, Inc. $HD

Spartan Planning & Wealth Management boosted its position in The Home Depot, Inc. (NYSE:HD) by 242.3% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 2,680 shares of the home improvement retailer’s stock after purchasing an additional 1,897 shares during the period. Home Depot comprises 0.8% of Spartan Planning & Wealth Management’s investment portfolio, making the stock its 24th biggest position. Spartan Planning & Wealth Management’s holdings in Home Depot were worth $1,086,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Brighton Jones LLC increased its position in shares of Home Depot by 36.5% during the fourth quarter. Brighton Jones LLC now owns 26,918 shares of the home improvement retailer’s stock valued at $10,471,000 after acquiring an additional 7,203 shares during the last quarter. Quantbot Technologies LP bought a new position in Home Depot in the 1st quarter valued at $909,000. T. Rowe Price Investment Management Inc. purchased a new stake in shares of Home Depot during the 1st quarter valued at $480,000. Full Sail Capital LLC raised its stake in shares of Home Depot by 12.9% during the 1st quarter. Full Sail Capital LLC now owns 1,947 shares of the home improvement retailer’s stock worth $714,000 after purchasing an additional 222 shares during the period. Finally, Caisse DE Depot ET Placement DU Quebec boosted its holdings in shares of Home Depot by 11.4% in the 1st quarter. Caisse DE Depot ET Placement DU Quebec now owns 564,837 shares of the home improvement retailer’s stock worth $207,007,000 after buying an additional 58,024 shares during the last quarter. Institutional investors own 70.86% of the company’s stock.

Home Depot Stock Up 0.4%

HD stock opened at $346.53 on Tuesday. The stock has a 50-day simple moving average of $364.75 and a two-hundred day simple moving average of $378.64. The Home Depot, Inc. has a twelve month low of $326.31 and a twelve month high of $426.75. The firm has a market capitalization of $344.97 billion, a PE ratio of 23.62, a PEG ratio of 12.85 and a beta of 1.06. The company has a quick ratio of 0.29, a current ratio of 1.05 and a debt-to-equity ratio of 3.82.

Home Depot (NYSE:HD) last released its quarterly earnings data on Tuesday, November 18th. The home improvement retailer reported $3.74 EPS for the quarter, missing analysts’ consensus estimates of $3.83 by ($0.09). The firm had revenue of $41.35 billion during 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%. Home Depot’s revenue was up 2.8% compared to the same quarter last year. During the same quarter last year, the business posted $3.78 earnings per share. Home Depot has set its FY 2025 guidance at 14.478-14.478 EPS. On average, equities analysts predict that The Home Depot, Inc. will post 15.13 EPS for the current fiscal year.

Home Depot Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, December 18th. Stockholders of record on Thursday, December 4th were given a dividend of $2.30 per share. This represents a $9.20 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date was Thursday, December 4th. Home Depot’s payout ratio is 62.71%.

Key Headlines Impacting Home Depot

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

• Positive Sentiment: Analysts and commentators see a clearer runway for 2026 if the Fed begins a rate-cutting cycle, which could restore consumer and big-ticket project activity that hurt HD in 2025. Home Depot (HD) Building 2026 Foundation on Interest Rate Outlook
• Positive Sentiment: Zacks highlights Home Depot’s strength with professional (Pro) customers, which helps stabilize sales as DIY demand softens — a structural offset that can protect margins and cash flow. Is Home Depot’s Pro Momentum Enough to Offset DIY Slowdowns?
• Positive Sentiment: Yahoo Finance discusses Home Depot’s “Creator Portal” digital strategy, which could help accelerate e‑commerce engagement and customer acquisition if execution scales as planned. Digital traction would support growth beyond brick‑and‑mortar recovery. Is Home Depot’s Creator Portal Strategy Reframing the Digital Growth Narrative for HD?
• Neutral Sentiment: TipRanks notes seasonal product shifts (winter storage and decoration decisions) that can temporarily influence sales patterns but are unlikely to change full‑year fundamentals. Home Depot Stock (NYSE:HD) Notches Up With Winter Storage Competition
• Neutral Sentiment: Coverage pages and market data posts summarize current quote/action; useful for price context but not new fundamental information. Home Depot (HD) share price
• Neutral Sentiment: Analysis on rival Lowe’s upside scenarios provides a competitive frame — helpful for relative valuation comparisons but doesn’t directly change HD’s fundamentals. Here’s How Lowe’s Shares Can Hit $300 in 2026
• Negative Sentiment: 24/7 Wall St. argues only one of Home Depot and Lowe’s is a buy for 2026 and highlights HD’s larger YTD decline, reinforcing downside comparisons and pressure on sentiment/relative multiple. Home Depot vs. Lowe’s: Only 1 of These Home Improvement Stocks Is a Buy for 2026
• Negative Sentiment: TipRanks reports analysts warning that “timing is the challenge” — meaning macro/cash‑rate timing and housing‑market softness make it hard to call a durable rebound, which could keep the stock under pressure until clearer macro evidence appears. ‘Timing is the Challenge,’ Says Analyst on Home Depot Stock (HD)

Wall Street Analyst Weigh In

A number of research firms recently issued reports on HD. Jefferies Financial Group restated a “buy” rating and set a $424.00 price objective on shares of Home Depot in a report on Wednesday, December 10th. Bank of America lowered their price target on shares of Home Depot from $450.00 to $430.00 and set a “buy” rating on the stock in a report on Wednesday, November 19th. Truist Financial set a $390.00 price objective on Home Depot in a report on Wednesday, December 17th. Robert W. Baird decreased their target price on Home Depot from $450.00 to $415.00 and set an “outperform” rating for the company in a research report on Wednesday, November 19th. Finally, HSBC lowered their target price on Home Depot from $445.00 to $400.00 and set a “hold” rating on the stock in a research note on Wednesday, November 19th. Twenty-one research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Home Depot presently has a consensus rating of “Moderate Buy” and an average target price of $402.07.

Insider Buying and Selling at Home Depot

In other news, EVP Angie Brown sold 1,946 shares of the company’s stock in a transaction on Friday, December 12th. The shares were sold at an average price of $357.63, for a total value of $695,947.98. Following the transaction, the executive vice president owned 3,941 shares of the company’s stock, valued at approximately $1,409,419.83. This represents a 33.06% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Ann Marie Campbell sold 145 shares of Home Depot stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $358.26, for a total value 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. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.10% of the company’s stock.

Home Depot Profile

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.