Hillsdale Investment Management Inc. Sells 6,590 Shares of The Home Depot, Inc. $HD

Hillsdale Investment Management Inc. reduced its stake in The Home Depot, Inc. (NYSE:HD) by 76.6% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,010 shares of the home improvement retailer’s stock after selling 6,590 shares during the period. Hillsdale Investment Management Inc.’s holdings in Home Depot were worth $814,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in HD. Sagard Holdings Management Inc. bought a new stake in shares of Home Depot in the 2nd quarter valued at about $29,000. Financially Speaking Inc bought a new stake in Home Depot in the third quarter valued at approximately $31,000. LFA Lugano Financial Advisors SA acquired a new stake in Home Depot in the second quarter worth $32,000. Legacy Investment Solutions LLC acquired a new stake in Home Depot in the second quarter worth $35,000. Finally, Dougherty Wealth Advisers LLC bought a new position in shares of Home Depot during the third quarter worth $38,000. 70.86% of the stock is owned by institutional investors and hedge funds.

Home Depot Trading Down 1.6%

NYSE HD opened at $376.02 on Tuesday. The Home Depot, Inc. has a 52 week low of $326.31 and a 52 week high of $426.75. The company has a debt-to-equity ratio of 3.82, a quick ratio of 0.29 and a current ratio of 1.05. The stock’s 50 day moving average price is $369.64 and its two-hundred day moving average price is $380.14. The stock has a market capitalization of $374.33 billion, a price-to-earnings ratio of 25.63, a PEG ratio of 13.66 and a beta of 1.08.

Key Home Depot News

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

• Positive Sentiment: Zacks and other previews suggest Home Depot may beat expectations thanks to initiatives such as expanded supply-chain investments and digital tools that boost customer loyalty, which could support upside on an earnings beat. Earnings Whispers: Home Depot Poised for Positive Surprise
• Positive Sentiment: Polymarket prediction markets are overwhelmingly bullish ahead of the print, indicating retail/trader sentiment is tilted toward a favorable surprise — a potential short-term positive if confirmed by results. Home Depot Earnings Is Just a Day Away
• Positive Sentiment: Productivity/Pro-channel tailwinds: Home Depot’s rollout of AI “blueprint takeoffs” to speed Pro project planning could strengthen the pro customer franchise and margins over time. How AI Blueprint Takeoffs Help Home Depot Win Pro Market
• Neutral Sentiment: Consensus previews and analyst commentary (Yahoo Finance, Seeking Alpha, Benzinga) emphasize housing trends and FY26 guidance as the key drivers for trading around the print — earnings could move HD either direction depending on guidance tone. Home Depot Q4 Earnings: What To Expect
• Neutral Sentiment: Options and trading desks are braced for volatility; strategists are laying out earnings-specific option trades and chart levels to watch, signaling elevated short-term sensitivity. Options Corner: HD Earnings Trade
• Neutral Sentiment: Market commentary notes that both Home Depot and Lowe’s report this week and that results will spotlight housing demand trends — sector dynamics (not just company-specific news) will influence HD’s move. Home Depot and Lowe’s Report Earnings This Week
• Positive Sentiment: Piper Sandler maintained an overweight rating even after lowering its price target, signaling continued analyst confidence in HD’s longer-term positioning. Piper Sandler Lowers Target but Keeps Overweight
• Negative Sentiment: Royal Bank of Canada (and other outlets) cut Home Depot’s price target to $363, increasing downside risk if earnings or guidance disappoint; analyst downgrades/target cuts are a headwind for sentiment. RBC Cuts Home Depot Price Target
• Negative Sentiment: Comparisons to Lowe’s, which has outperformed HD over the past decade, keep investor focus on market share and margin trends — negative framing if Home Depot’s print lags peer performance. How Lowe’s Stock Has Trounced Home Depot’s

Wall Street Analyst Weigh In

HD has been the topic of several research analyst reports. KGI Securities downgraded Home Depot from an “outperform” rating to a “hold” rating and set a $320.00 price objective on the stock. in a research note on Wednesday, November 19th. HSBC lowered their price target on Home Depot from $445.00 to $400.00 and set a “hold” rating for the company in a report on Wednesday, November 19th. Piper Sandler decreased their price objective on Home Depot from $441.00 to $422.00 and set an “overweight” rating for the company in a research report on Monday. Argus lowered their target price on Home Depot from $450.00 to $425.00 and set a “buy” rating for the company in a research note on Thursday, November 20th. Finally, Evercore cut their price target on shares of Home Depot from $450.00 to $425.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 19th. Twenty-one investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $407.63.

Insider Transactions at Home Depot

In other Home Depot news, EVP Angie Brown sold 1,946 shares of Home Depot 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 sale, the executive vice president directly owned 3,941 shares in the company, valued at approximately $1,409,419.83. The trade was a 33.06% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Ann Marie Campbell sold 145 shares of the business’s stock in a transaction dated Thursday, December 11th. The stock was 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 in the company, valued at $4,413,763.20. This trade represents a 1.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 4,963 shares of company stock valued at $1,748,845 over the last 90 days. 0.10% of the stock is owned by corporate insiders.

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.