Holderness Investments Co. Reduces Stake in The Home Depot, Inc. $HD

Holderness Investments Co. cut its stake in shares of The Home Depot, Inc. (NYSE:HD) by 10.2% during the third quarter, HoldingsChannel reports. The firm owned 15,471 shares of the home improvement retailer’s stock after selling 1,757 shares during the quarter. Home Depot comprises 1.3% of Holderness Investments Co.’s holdings, making the stock its 14th largest position. Holderness Investments Co.’s holdings in Home Depot were worth $6,269,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Sagard Holdings Management Inc. bought a new stake in Home Depot in the second quarter worth $29,000. Financially Speaking Inc bought a new position in Home Depot during the third quarter valued at $31,000. LFA Lugano Financial Advisors SA purchased a new stake in shares of Home Depot in the second quarter valued at $32,000. Legacy Investment Solutions LLC bought a new stake in shares of Home Depot in the 2nd quarter worth about $35,000. Finally, Dougherty Wealth Advisers LLC bought a new stake in shares of Home Depot in the 3rd quarter worth about $38,000. 70.86% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities analysts recently commented on HD shares. Stifel Nicolaus cut their price target on shares of Home Depot from $370.00 to $350.00 and set a “hold” rating on the stock in a report on Monday, December 1st. UBS Group boosted their target price on Home Depot from $430.00 to $450.00 and gave the company a “buy” rating in a research report on Wednesday. HSBC reduced their price target on Home Depot from $445.00 to $400.00 and set a “hold” rating on the stock in a report on Wednesday, November 19th. Sanford C. Bernstein raised their price target on Home Depot from $381.00 to $390.00 and gave the stock a “market perform” rating in a research note on Wednesday. Finally, Argus cut their price objective on Home Depot from $450.00 to $425.00 and set a “buy” rating on the stock in a research report on Thursday, November 20th. Twenty equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $416.00.

Trending Headlines about Home Depot

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

• Positive Sentiment: Q4 beats, revenue and dividend hike — Home Depot topped Q4 estimates (EPS and revenue), reported positive comparable‑store sales, and approved a 1.3% dividend increase, signaling management confidence in cash flow. Does Home Depot’s Modest 2026 Outlook And Dividend Hike Reframe The Tech‑And‑Pro Story For HD?
• Positive Sentiment: Pro/customer mix is protecting results — Professional contractors are driving resilience in sales (Pro-focused initiatives, SRS integration and trade services are improving stickiness and margins versus DIY). Home Depot’s Pro Ecosystem Shows Resilience in Soft Market
• Positive Sentiment: Analyst support is increasing — Several firms have raised price targets and some analysts (including TD Cowen coverage) kept or added bullish ratings, giving the stock upward momentum. Home Depot: Pro-Focused Growth and Acquisition Integration Position FY26 as an Inflection Year Supporting a Buy Rating
• Positive Sentiment: Recent price‑target upgrades — Firms including Stifel, Daiwa and others nudged up targets post‑earnings, providing technical and sentiment support for the shares. Home Depot price target raised to $375 from $350 at Stifel
• Neutral Sentiment: 2026 guidance is modest — Management gave conservative FY26 sales/EPS guidance (low‑single‑digit sales growth, flat to low single‑digit EPS growth) and plans ~15 new store openings, which tempers upside until the housing cycle improves. Does Home Depot’s Modest 2026 Outlook And Dividend Hike Reframe The Tech‑And‑Pro Story For HD?
• Negative Sentiment: Macro/housing headwinds weigh on sentiment — High mortgage rates and low existing‑home turnover (“lock‑in” effect) are keeping big discretionary remodel projects on hold, which has driven short‑term investor caution and prior sell‑offs. Jim Cramer Wonders Why People Are Selling Home Depot (HD) Shares

Insider Buying and Selling

In other news, EVP Angie Brown sold 1,946 shares of Home Depot stock in a transaction on Friday, December 12th. The stock was sold at an average price of $357.63, for a total value 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. This trade represents a 33.06% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Teresa Wynn Roseborough sold 2,872 shares of the company’s stock in a transaction on Friday, December 26th. The stock was sold at an average price of $348.52, for a total value of $1,000,949.44. Following the sale, the executive vice president owned 13,196 shares of the company’s stock, valued at $4,599,069.92. This trade represents a 17.87% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 4,963 shares of company stock valued at $1,748,845 over the last 90 days. Corporate insiders own 0.10% of the company’s stock.

Home Depot Stock Performance

Shares of Home Depot stock opened at $380.71 on Friday. The company has a current ratio of 1.06, a quick ratio of 0.29 and a debt-to-equity ratio of 3.62. The stock’s fifty day moving average price is $371.76 and its 200-day moving average price is $379.89. The firm has a market cap of $379.00 billion, a P/E ratio of 26.75, a P/E/G ratio of 13.65 and a beta of 1.08. The Home Depot, Inc. has a 12 month low of $326.31 and a 12 month high of $426.75.

Home Depot (NYSE:HD) last released its quarterly earnings data on Tuesday, February 24th. The home improvement retailer reported $2.72 earnings per share for the quarter, topping analysts’ consensus estimates of $2.52 by $0.20. The company had revenue of $38.20 billion during the quarter, compared to analyst estimates of $38.01 billion. Home Depot had a net margin of 8.60% and a return on equity of 134.32%. The firm’s revenue for the quarter was down 3.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $3.13 earnings per share. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. On average, equities research analysts expect that The Home Depot, Inc. will post 15.13 earnings per share for the current fiscal year.

Home Depot Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 12th will be issued a dividend of $2.33 per share. The ex-dividend date of this dividend is Thursday, March 12th. This is a positive change from Home Depot’s previous quarterly dividend of $2.30. This represents a $9.32 annualized dividend and a yield of 2.4%. Home Depot’s dividend payout ratio is 64.65%.

Home Depot Company 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.