Prime Capital Investment Advisors LLC Boosts Stake in The Home Depot, Inc. $HD

Prime Capital Investment Advisors LLC raised its stake in shares of The Home Depot, Inc. (NYSE:HD) by 4.8% during the third quarter, Holdings Channel.com reports. The institutional investor owned 117,918 shares of the home improvement retailer’s stock after buying an additional 5,420 shares during the period. Prime Capital Investment Advisors LLC’s holdings in Home Depot were worth $47,779,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Brighton Jones LLC increased its position in Home Depot by 36.5% during the 4th quarter. Brighton Jones LLC now owns 26,918 shares of the home improvement retailer’s stock worth $10,471,000 after purchasing an additional 7,203 shares in the last quarter. Sivia Capital Partners LLC boosted its stake in shares of Home Depot by 7.1% during the 2nd quarter. Sivia Capital Partners LLC now owns 2,598 shares of the home improvement retailer’s stock worth $952,000 after purchasing an additional 173 shares during the last quarter. Morton Capital Management LLC CA grew its holdings in shares of Home Depot by 9.2% during the second quarter. Morton Capital Management LLC CA now owns 3,848 shares of the home improvement retailer’s stock worth $1,411,000 after buying an additional 323 shares in the last quarter. Ignite Planners LLC raised its position in shares of Home Depot by 0.7% in the second quarter. Ignite Planners LLC now owns 6,526 shares of the home improvement retailer’s stock valued at $2,346,000 after buying an additional 47 shares during the last quarter. Finally, Narwhal Capital Management lifted its stake in shares of Home Depot by 12.8% during the second quarter. Narwhal Capital Management now owns 66,967 shares of the home improvement retailer’s stock valued at $24,553,000 after buying an additional 7,603 shares during the period. 70.86% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Home Depot

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

• Positive Sentiment: Company is doubling down on its Pro strategy (digital tools, supply-chain integration, cross-selling) that could drive larger, higher-margin project business over time — a structural growth lever investors like. Here’s Why Home Depot’s Pro Strategy Is a Long-Term Growth Lever
• Positive Sentiment: Restructuring and an in‑house marketing shift signal management is tightening operations and pursuing cost savings that could bolster margins if execution goes smoothly. Home Depot Restructuring Signals Tighter Operations And In House Marketing Shift
• Neutral Sentiment: Wolfe Research trimmed its price target slightly (from $415 to $414) but kept an outperform rating — a minor revision that leaves consensus sentiment largely intact. Wolfe Research Adjusts Price Target on Home Depot to $414 from $415
• Neutral Sentiment: Short-term price action has been choppy — the stock recently advanced while the broader market lagged, reflecting tactical buying and mixed investor positioning. Home Depot (HD) Advances While Market Declines
• Negative Sentiment: Management said it is resetting the office workforce and reallocating resources toward tech and garden — layoffs and reorgs can create near-term disruption and execution risk that pressures sentiment. Home Depot Resets Office Workforce While Betting On Tech And Garden Growth
• Negative Sentiment: Analyst commentary remains cautious: some writers say recent results and valuation leave HD less compelling right now, highlighting that restructuring benefits may take time to materialize. Home Depot: Why It Surprised Me, But Isn’t A Buy Yet

Wall Street Analyst Weigh In

Several research firms have commented on HD. Evercore ISI lowered their target price on shares of Home Depot from $450.00 to $425.00 and set an “outperform” rating for the company in a research note on Wednesday, November 19th. Wolfe Research lowered their price objective on Home Depot from $415.00 to $414.00 and set an “outperform” rating for the company in a research report on Wednesday. Robert W. Baird dropped their target price on Home Depot from $450.00 to $415.00 and set an “outperform” rating for the company in a research note on Wednesday, November 19th. Royal Bank Of Canada decreased their price target on Home Depot from $376.00 to $366.00 and set a “sector perform” rating on the stock in a research note on Wednesday, December 10th. Finally, Argus lowered their price target on Home Depot from $450.00 to $425.00 and set a “buy” rating for the company in a report on Thursday, November 20th. Twenty-one analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $404.47.

Home Depot Price Performance

Shares of Home Depot stock opened at $382.06 on Friday. The business’s fifty day moving average price is $362.25 and its 200 day moving average price is $379.35. The Home Depot, Inc. has a twelve month low of $326.31 and a twelve month high of $426.75. The company has a current ratio of 1.05, a quick ratio of 0.29 and a debt-to-equity ratio of 3.82. The stock has a market capitalization of $380.34 billion, a P/E ratio of 26.04, a PEG ratio of 13.82 and a beta of 1.08.

Home Depot (NYSE:HD) last released its quarterly earnings data on Tuesday, November 18th. The home improvement retailer reported $3.74 EPS for the quarter, missing analysts’ consensus estimates of $3.83 by ($0.09). The firm had revenue of $41.35 billion during the quarter, compared to analysts’ expectations of $41.06 billion. Home Depot had a return on equity of 160.74% and a net margin of 8.77%.The business’s revenue for the quarter was up 2.8% compared to the same quarter last year. During the same quarter last year, the business earned $3.78 earnings per share. Home Depot has set its FY 2025 guidance at 14.478-14.478 EPS. As a group, research analysts anticipate that The Home Depot, Inc. will post 15.13 earnings per share for the current year.

Home Depot Announces Dividend

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

Insiders Place Their Bets

In other news, EVP Angie Brown sold 1,946 shares of the 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 completion of the sale, the executive vice president owned 3,941 shares of the company’s stock, valued at $1,409,419.83. This represents a 33.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Teresa Wynn Roseborough sold 2,872 shares of Home Depot stock in a transaction on Friday, December 26th. The shares were sold at an average price of $348.52, for a total transaction of $1,000,949.44. Following the transaction, the executive vice president owned 13,196 shares in the company, valued at $4,599,069.92. The trade was a 17.87% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 4,963 shares of company stock worth $1,748,845 over the last ninety days. 0.10% of the stock is owned by company insiders.

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.