Sequoia Financial Advisors LLC Has $71.73 Million Holdings in The Home Depot, Inc. $HD

Sequoia Financial Advisors LLC raised its holdings in The Home Depot, Inc. (NYSE:HD) by 3.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 177,021 shares of the home improvement retailer’s stock after acquiring an additional 6,405 shares during the period. Sequoia Financial Advisors LLC’s holdings in Home Depot were worth $71,727,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. McBroom & Associates LLC increased its holdings in Home Depot by 0.4% in the third quarter. McBroom & Associates LLC now owns 16,821 shares of the home improvement retailer’s stock valued at $6,816,000 after purchasing an additional 70 shares during the period. Financial Management Network Inc. grew its position in shares of Home Depot by 2.5% in the 3rd quarter. Financial Management Network Inc. now owns 5,207 shares of the home improvement retailer’s stock valued at $2,027,000 after buying an additional 128 shares during the last quarter. Occidental Asset Management LLC increased its stake in shares of Home Depot by 0.3% in the third quarter. Occidental Asset Management LLC now owns 15,138 shares of the home improvement retailer’s stock valued at $6,134,000 after buying an additional 43 shares during the period. Howland Capital Management LLC raised its position in shares of Home Depot by 3.9% during the third quarter. Howland Capital Management LLC now owns 8,430 shares of the home improvement retailer’s stock worth $3,416,000 after acquiring an additional 315 shares during the last quarter. Finally, SOL Capital Management CO lifted its stake in shares of Home Depot by 2.5% in the third quarter. SOL Capital Management CO now owns 11,695 shares of the home improvement retailer’s stock worth $4,739,000 after acquiring an additional 290 shares during the period. 70.86% of the stock is owned by institutional investors.

Key Stories Impacting Home Depot

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

• Positive Sentiment: Wall Street analysts are showing renewed optimism on HD, which can boost buyer interest and support the stock. Wall Street Bulls Look Optimistic About Home Depot (HD): Should You Buy?
• Positive Sentiment: Home Depot is expanding its AI efforts—moves that investors view as potential drivers of better e-commerce personalization, operational efficiency and margin resilience. Home Depot Deepens Push Into AI
• Positive Sentiment: Yield-focused investors may be attracted by HD’s dividend profile and inclusion in dividend-themed lists, supporting demand from income investors. The Dogs of the Dow: 10 Downtrodden Dividends Paying Out Up to 6.8%
• Neutral Sentiment: Unusual options activity and large trades have been reported—this shows institutional interest but is ambiguous for directional conviction. Market Whales and Their Recent Bets on Home Depot Options
• Neutral Sentiment: Independent valuation work (DCF) and weekly model updates are circulating; these provide context on fair value but don’t change fundamentals immediately. The Home Depot, Inc.: Our Calculation Of Intrinsic Value
• Neutral Sentiment: A reported sale of HD stock by Rep. Gilbert Ray Cisneros, Jr. was disclosed—insider selling can raise questions but a single disclosed sale is not necessarily a company-level red flag. Rep. Gilbert Ray Cisneros, Jr. Sells The Home Depot, Inc. (NYSE:HD) Stock
• Negative Sentiment: Investor pressure after media reports that surveillance vendor data may have been used by ICE has prompted shareholders to ask HD to review its relationship with Flock Safety—this raises reputational, governance and potential regulatory risk. Amid ICE raids, some Home Depot investors want to know how law enforcement uses its surveillance data
• Negative Sentiment: Bearish commentary and valuation critiques (higher trailing/forward P/E and downside scenarios tied to slowing DIY demand) are surfacing and could weigh on sentiment if macro weakness or discretionary spending softens. The Home Depot, Inc. (HD): A Bear Case Theory

Home Depot Price Performance

HD opened at $380.34 on Friday. The firm has a 50-day moving average price of $354.83 and a 200-day moving average price of $378.14. The Home Depot, Inc. has a twelve month low of $326.31 and a twelve month high of $426.75. The company has a quick ratio of 0.29, a current ratio of 1.05 and a debt-to-equity ratio of 3.82. The company has a market capitalization of $378.63 billion, a price-to-earnings ratio of 25.93, a PEG ratio of 14.16 and a beta of 1.08.

Home Depot (NYSE:HD) last announced its quarterly earnings results on Tuesday, November 18th. The home improvement retailer reported $3.74 earnings per share for the quarter, missing the consensus estimate of $3.83 by ($0.09). Home Depot had a net margin of 8.77% and a return on equity of 160.74%. The company had revenue of $41.35 billion for the quarter, compared to the consensus estimate of $41.06 billion. During the same quarter in the prior year, the company earned $3.78 earnings per share. The company’s quarterly revenue was up 2.8% on a year-over-year basis. Home Depot has set its FY 2025 guidance at 14.478-14.478 EPS. Equities analysts expect that The Home Depot, Inc. will post 15.13 EPS for the current year.

Home Depot Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 18th. Stockholders of record on Thursday, December 4th were issued a $2.30 dividend. This represents a $9.20 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date was Thursday, December 4th. Home Depot’s payout ratio is presently 62.71%.

Analysts Set New Price Targets

Several brokerages recently commented on HD. Sanford C. Bernstein restated a “market perform” rating and set a $362.00 target price on shares of Home Depot in a research report on Monday, November 24th. Gordon Haskett decreased their price target on shares of Home Depot from $345.00 to $330.00 and set a “hold” rating for the company in a research note on Wednesday, November 19th. Wolfe Research raised their target price on Home Depot from $414.00 to $415.00 and gave the company an “outperform” rating in a research note on Monday, December 22nd. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Home Depot in a research report on Monday, December 29th. Finally, BNP Paribas Exane upped their price objective on shares of Home Depot from $353.00 to $355.00 and gave the stock a “neutral” rating in a report on Friday, December 5th. Twenty-one research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $403.17.

Insiders Place Their Bets

In related news, EVP Ann Marie Campbell sold 145 shares of the firm’s stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $358.26, for a total value of $51,947.70. Following the completion of the sale, the executive vice president owned 12,320 shares of the company’s stock, valued at $4,413,763.20. This trade represents a 1.16% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Angie Brown sold 1,946 shares of the business’s stock in a transaction on Friday, December 12th. The shares were sold at an average price of $357.63, for a total transaction of $695,947.98. Following the transaction, 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 ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 4,963 shares of company stock valued at $1,748,845 in the last ninety days. Company insiders own 0.10% of the company’s stock.

About Home Depot

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.