The Home Depot, Inc. $HD Shares Acquired by Generali Asset Management SPA SGR

Generali Asset Management SPA SGR grew its holdings in The Home Depot, Inc. (NYSE:HD) by 6.3% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 91,158 shares of the home improvement retailer’s stock after buying an additional 5,364 shares during the quarter. Generali Asset Management SPA SGR’s holdings in Home Depot were worth $25,934,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. Zeit Capital LLC bought a new position in shares of Home Depot during the second quarter valued at approximately $26,000. Principia Wealth Advisory LLC lifted its stake in Home Depot by 60.4% in the second quarter. Principia Wealth Advisory LLC now owns 85 shares of the home improvement retailer’s stock worth $30,000 after acquiring an additional 32 shares during the period. Navigoe LLC bought a new stake in Home Depot in the second quarter valued at $32,000. Networth Advisors LLC boosted its holdings in Home Depot by 54.1% in the first quarter. Networth Advisors LLC now owns 94 shares of the home improvement retailer’s stock valued at $31,000 after acquiring an additional 33 shares in the last quarter. Finally, Gould Capital LLC boosted its holdings in Home Depot by 58.7% in the first quarter. Gould Capital LLC now owns 100 shares of the home improvement retailer’s stock valued at $33,000 after acquiring an additional 37 shares in the last quarter. 70.86% of the stock is currently owned by institutional investors.

More Home Depot News

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

• Positive Sentiment: Dividend appeal remains a support. Home Depot’s dividend yield of roughly 2.84% exceeds the S&P 500’s average, and the company has increased its payout for more than a decade. Coverage highlights the dividend’s substantial long-term growth and examines whether the payout remains secure. Home Depot dividend safety article
• Positive Sentiment: Institutional demand provided a modest positive signal. Home Depot attracted approximately $62.1 million in net exchange-traded-fund buying, indicating some continued portfolio demand for HD shares. Home Depot ETF buying article
• Neutral Sentiment: Peer comparisons offer context but no clear catalyst. Q2 benchmarking coverage compares Home Depot’s performance with other home-furnishing and improvement retailers, helping investors assess relative resilience as the sector completes its earnings season. Home improvement retail Q2 benchmarking article
• Negative Sentiment: High mortgage rates remain the main pressure. Expensive financing is making homes less affordable and discouraging existing homeowners with low-rate mortgages from moving. That reduces housing turnover and can delay renovation projects, creating a challenging demand environment for Home Depot. Housing stocks and mortgage rates article
• Negative Sentiment: Dividend growth has slowed. Although Home Depot’s long-term dividend record is strong, the latest increases are described as more modest, reflecting pressure on housing-related demand and free cash flow. This may limit the stock’s income-growth appeal in the near term. Home Depot dividend growth article

Insider Buying and Selling at Home Depot

In related news, CFO Richard McPhail sold 5,989 shares of the stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $348.40, for a total value of $2,086,567.60. Following the completion of the transaction, the chief financial officer directly owned 48,104 shares in the company, valued at $16,759,433.60. This trade represents a 11.07% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Kimberly Scardino sold 675 shares of Home Depot stock in a transaction dated Thursday, September 10th. The shares were sold at an average price of $305.95, for a total transaction of $206,516.25. Following the transaction, the chief accounting officer directly owned 8,189 shares of the company’s stock, valued at approximately $2,505,424.55. This trade represents a 7.62% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 9,829 shares of company stock worth $3,339,314. Corporate insiders own 0.08% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on HD shares. TD Cowen reissued a “buy” rating on shares of Home Depot in a research report on Monday, August 10th. Argus reaffirmed a “buy” rating and issued a $400.00 target price on shares of Home Depot in a research report on Wednesday, August 19th. KeyCorp reaffirmed a “sector weight” rating on shares of Home Depot in a research note on Wednesday, August 19th. DA Davidson reaffirmed a “buy” rating and set a $377.00 target price on shares of Home Depot in a research note on Wednesday, August 19th. Finally, Stifel Nicolaus reduced their price target on shares of Home Depot from $346.00 to $322.00 and set a “hold” rating on the stock in a research report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Home Depot presently has a consensus rating of “Moderate Buy” and a consensus target price of $375.31.

Home Depot Stock Performance

NYSE HD opened at $318.82 on Wednesday. The Home Depot, Inc. has a twelve month low of $277.15 and a twelve month high of $397.63. The stock’s 50 day moving average is $309.27 and its 200 day moving average is $335.58.

Home Depot (NYSE:HD) last issued its quarterly earnings results on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share for the quarter, topping the consensus estimate of $4.73 by $0.19. The firm had revenue of $47.86 billion during the quarter, compared to analysts’ expectations of $47.24 billion. Home Depot’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same period in the previous year, the company earned $4.68 earnings per share. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. As a group, equities analysts predict that The Home Depot, Inc. will post 15.01 EPS for the current year.

Home Depot Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd were issued a dividend of $2.33 per share. This represents a $9.32 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date was Thursday, September 3rd.

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.