The Home Depot, Inc. $HD Shares Sold by ProShare Advisors LLC

ProShare Advisors LLC cut its holdings in shares of The Home Depot, Inc. (NYSE:HD) by 1.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 244,236 shares of the home improvement retailer’s stock after selling 3,704 shares during the period. ProShare Advisors LLC’s holdings in Home Depot were worth $69,483,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in HD. Vise Technologies Inc. raised its holdings in shares of Home Depot by 19.3% in the 3rd quarter. Vise Technologies Inc. now owns 90,965 shares of the home improvement retailer’s stock worth $25,879,000 after purchasing an additional 14,708 shares during the period. Investment Partners LTD. lifted its stake in shares of Home Depot by 26.2% during the 3rd quarter. Investment Partners LTD. now owns 5,390 shares of the home improvement retailer’s stock valued at $1,533,000 after buying an additional 1,119 shares in the last quarter. Cidel Asset Management Inc. boosted its holdings in Home Depot by 12.7% in the 3rd quarter. Cidel Asset Management Inc. now owns 7,775 shares of the home improvement retailer’s stock worth $2,212,000 after buying an additional 874 shares during the period. Blue Fin Capital Inc. boosted its holdings in Home Depot by 1.6% in the 3rd quarter. Blue Fin Capital Inc. now owns 11,607 shares of the home improvement retailer’s stock worth $3,302,000 after buying an additional 186 shares during the period. Finally, Summit Global Investments boosted its holdings in Home Depot by 43.0% in the 3rd quarter. Summit Global Investments now owns 9,251 shares of the home improvement retailer’s stock worth $2,632,000 after buying an additional 2,780 shares during the period. 70.86% of the stock is owned by institutional investors.

Insider Transactions at Home Depot

In other Home Depot news, EVP Teresa Roseborough sold 2,455 shares of the stock in a transaction dated Friday, August 28th. The shares were sold at an average price of $328.77, for a total transaction of $807,130.35. Following the transaction, the executive vice president directly owned 14,061 shares in the company, valued at $4,622,834.97. This represents a 14.86% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Richard McPhail sold 5,989 shares of the company’s stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $348.40, for a total value of $2,086,567.60. Following the sale, the chief financial officer owned 48,104 shares of the company’s stock, valued at $16,759,433.60. This trade represents a 11.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 9,829 shares of company stock worth $3,339,314. Corporate insiders own 0.08% of the company’s stock.

Home Depot Price Performance

Shares of Home Depot stock opened at $329.31 on Monday. The stock’s fifty day moving average is $308.45 and its 200 day moving average is $334.91. The stock has a market cap of $328.55 billion, a P/E ratio of 23.04, a P/E/G ratio of 2.34 and a beta of 1.00. The Home Depot, Inc. has a one year low of $277.15 and a one year high of $397.63. The company has a debt-to-equity ratio of 2.64, a quick ratio of 0.31 and a current ratio of 1.08.

Home Depot (NYSE:HD) last posted its quarterly earnings results on Tuesday, August 18th. The home improvement retailer reported $4.92 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 analysts’ expectations of $47.24 billion. During the same period in the previous year, the firm earned $4.68 EPS. The firm’s revenue 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. Sell-side analysts anticipate that The Home Depot, Inc. will post 15.01 earnings per share for the current year.

Home Depot Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 17th. Investors of record on Thursday, September 3rd were paid a $2.33 dividend. The ex-dividend date of this dividend was Thursday, September 3rd. This represents a $9.32 annualized dividend and a yield of 2.8%. Home Depot’s dividend payout ratio is 65.22%.

Home Depot News Roundup

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

• Positive Sentiment: Steady demand for smaller home-improvement projects and continued digital gains are helping sustain Home Depot’s sales growth despite pressure on larger renovations. This suggests consumers are still spending on maintenance and affordable upgrades. Are Smaller Home Projects Sustaining Home Depot’s Sales Growth?
• Positive Sentiment: One analysis identifies HD as a potential long-term stock, supporting the bullish case based on the company’s scale, established brand, cash generation, and ability to benefit when housing and renovation activity recover. Why Home Depot Is a Top Stock for the Long-Term
• Positive Sentiment: Coverage of dividend-focused blue-chip investments highlights Home Depot’s long history of returning cash to shareholders. Its dividend may appeal to investors seeking income while waiting for a broader housing and remodeling recovery. $300,000 in Home Depot, IBM and McDonald’s Could Pay Over $8,500 a Year
• Neutral Sentiment: A comparison with Somnigroup International asks whether SGI or HD offers better value. The article is primarily a relative-valuation discussion rather than a new company-specific catalyst, so its effect on HD is likely limited. SGI vs. HD: Which Stock Is the Better Value Option?
• Negative Sentiment: Another analysis argues that HD’s valuation may be demanding after its roughly 20% three-year gain, raising concern that the share price could already reflect much of the expected future cash flow. Home Depot Stock Looks Overvalued After Its Three-Year Run
• Negative Sentiment: Commentary on a delayed macroeconomic recovery presents HD as a potential dip-buying opportunity, but also signals that high interest rates, weaker housing activity, and postponed major renovations may continue to restrain near-term results. Home Depot: Delayed Macro Recovery Triggers Dip Buying Opportunity and Richer Yields

Analyst Ratings Changes

A number of research firms recently issued reports on HD. Wells Fargo & Company boosted their price objective on Home Depot from $360.00 to $400.00 and gave the company an “overweight” rating in a research note on Tuesday, August 11th. Sanford C. Bernstein cut their target price on shares of Home Depot from $354.00 to $344.00 and set a “market perform” rating for the company in a research report on Wednesday, September 9th. DA Davidson reissued a “buy” rating and set a $377.00 price target on shares of Home Depot in a research note on Wednesday, August 19th. Stifel Nicolaus lowered their target price on Home Depot from $346.00 to $322.00 and set a “hold” rating for the company in a research note on Monday, October 26th. Finally, Argus restated a “buy” rating and issued a $400.00 price objective on shares of Home Depot in a research report on Wednesday, August 19th. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $375.31.

Home Depot Profile

The Home Depot, Inc is a home improvement retailer serving do-it-yourself customers, professional contractors, and other building and maintenance professionals. The company sells a broad selection of building materials, hardware, tools, appliances, paint, plumbing and electrical supplies, flooring, lighting, lawn and garden products, and home décor.

In addition to merchandise, Home Depot offers services such as product delivery, tool and equipment rental, credit services, and installation for selected products.