1,801 The Home Depot, Inc. $HD Shares Sold by Quadrant Capital Group LLC

Quadrant Capital Group LLC reduced its position in shares of The Home Depot, Inc. (NYSE:HD – Free Report) by 5.5% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 30,946 shares of the home improvement retailer’s stock after selling 1,801 shares during the quarter. Quadrant Capital Group LLC’s holdings in Home Depot were worth $9,096,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the company. Zeit Capital LLC purchased a new position in shares of Home Depot in the second quarter valued at about $26,000. Cache Advisors LLC bought a new position in shares of Home Depot during the first quarter valued at about $27,000. Principia Wealth Advisory LLC boosted its holdings in shares of Home Depot by 60.4% during the second quarter. Principia Wealth Advisory LLC now owns 85 shares of the home improvement retailer’s stock worth $30,000 after purchasing an additional 32 shares during the period. Merkkuri Wealth Advisors LLC purchased a new stake in shares of Home Depot during the first quarter worth about $28,000. Finally, Navigoe LLC purchased a new stake in shares of Home Depot during the second quarter worth about $32,000. Hedge funds and other institutional investors own 70.86% of the company’s stock.

Analyst Ratings Changes

Several analysts recently issued reports on HD shares. Royal Bank Of Canada cut their target price on Home Depot from $343.00 to $342.00 and set a “sector perform” rating on the stock in a research note on Wednesday, August 19th. Jefferies Financial Group reaffirmed a “buy” rating and set a $398.00 price target on shares of Home Depot in a research report on Tuesday, August 18th. Stifel Nicolaus increased their price objective on Home Depot from $320.00 to $340.00 and gave the stock a “hold” rating in a report on Monday, August 17th. Argus reiterated a “buy” rating and issued a $400.00 price objective on shares of Home Depot in a research report on Wednesday, August 19th. Finally, Guggenheim reiterated a “buy” rating and issued a $425.00 price objective on shares of Home Depot in a research report on Wednesday, August 19th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $375.93.

View Our Latest Stock Analysis on HD

Home Depot Trading Down 0.4%

NYSE HD opened at $313.82 on Thursday. The company has a quick ratio of 0.31, a current ratio of 1.08 and a debt-to-equity ratio of 2.64. The Home Depot, Inc. has a twelve month low of $277.15 and a twelve month high of $397.63. The firm has a market capitalization of $313.10 billion, a PE ratio of 21.96, a P/E/G ratio of 2.24 and a beta of 1.00. The stock’s 50 day moving average is $310.33 and its 200 day moving average is $323.87.

Home Depot (NYSE:HD – Get Free Report) 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 company had revenue of $47.86 billion for the quarter, compared to analysts’ expectations of $47.24 billion. Home Depot had a return on equity of 106.42% and a net margin of 8.41%. The firm’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same period in the prior year, the firm earned $4.68 earnings per share. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. Research analysts forecast that The Home Depot, Inc. will post 15.01 earnings per share for the current fiscal 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 3.0%. The ex-dividend date was Thursday, September 3rd. Home Depot’s payout ratio is 65.22%.

Insider Buying and Selling at Home Depot

In other news, EVP Michael Rowe sold 710 shares of the company’s stock in a transaction dated Wednesday, August 26th. The shares were sold at an average price of $336.76, for a total value of $239,099.60. Following the sale, the executive vice president directly owned 6,838 shares of the company’s stock, valued at $2,302,764.88. This represents a 9.41% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Teresa Roseborough sold 2,455 shares of the stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $328.77, for a total transaction of $807,130.35. Following the completion of the transaction, the executive vice president owned 14,061 shares of the company’s stock, valued at approximately $4,622,834.97. The trade was a 14.86% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 9,829 shares of company stock valued at $3,339,314 over the last 90 days. 0.08% of the stock is owned by corporate insiders.

Key Stories Impacting Home Depot

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

  • Positive Sentiment: Home Depot crossed above a historically bullish trendline. Similar technical breakouts have historically preceded significant gains, while the stock had recently posted a six-session advance and remains near the $320 level. Blue-Chip Stock Just Crossed Over Historically Bullish Trendline
  • Positive Sentiment: The stock previously outperformed the broader market, supported by investor interest in Home Depot’s professional-contractor strategy, acquisitions, and logistics network. Why Home Depot Outpaced the Stock Market Today
  • Neutral Sentiment: Home Depot is becoming a larger distributor, combining 2,364 retail stores with more than 1,340 distribution locations. The broader network could capture more contractor spending, but its margins, capital needs, and returns may differ from the traditional retail model. Home Depot: Does Becoming a Bigger Distributor Change How the Stock Should Be Valued?
  • Neutral Sentiment: Home Depot remains a widely watched and trending stock, although investor attention alone does not change the company’s fundamentals. Key factors include housing activity, renovation demand, earnings growth, and execution of its contractor-focused strategy. What to Know Beyond Why Home Depot Is a Trending Stock
  • Negative Sentiment: The company is caught between a sluggish housing market and restrained large renovation projects. Weak housing turnover and affordability pressures could delay demand recovery, making investors cautious about paying a premium for Home Depot’s larger platform. Home Depot Stuck Between Two Fundamental Issues

Home Depot Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Home Depot (NYSE:HD)

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