T3 Companies LLC Buys 1,755 Shares of The Home Depot, Inc. $HD

T3 Companies LLC bought a new stake in shares of The Home Depot, Inc. (NYSE:HD) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,755 shares of the home improvement retailer’s stock, valued at approximately $499,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Mills Wealth Advisors LLC increased its holdings in shares of Home Depot by 4.5% in the 3rd quarter. Mills Wealth Advisors LLC now owns 764 shares of the home improvement retailer’s stock worth $217,000 after buying an additional 33 shares during the last quarter. Curry Webb Wealth Management LLC bought a new stake in shares of Home Depot during the 3rd quarter worth $182,000. CMH Wealth Management LLC lifted its holdings in shares of Home Depot by 16.9% during the 3rd quarter. CMH Wealth Management LLC now owns 1,038 shares of the home improvement retailer’s stock worth $295,000 after acquiring an additional 150 shares during the last quarter. Brookstone Capital Management grew its position in Home Depot by 5.6% in the third quarter. Brookstone Capital Management now owns 36,820 shares of the home improvement retailer’s stock worth $10,475,000 after acquiring an additional 1,966 shares in the last quarter. Finally, NBT Bank N.A. purchased a new position in Home Depot in the third quarter worth $3,918,000. Institutional investors own 70.86% of the company’s stock.

Home Depot News Summary

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

• Positive Sentiment: Home Depot added roughly $13 billion in market value in after-hours trading, reflecting strong investor demand and renewed confidence in the retailer. Home Depot Surges 4% After Hours, Adding $13 Billion in Market Value
• Positive Sentiment: Positive earnings and revenue estimate revisions are bringing Home Depot’s valuation back into focus. The shares have also moved above their 50-day moving average, while the company’s expansion into distribution could support longer-term growth and contractor sales. Home Depot Earnings Revisions Bring Its Valuation Story Back Into Focus
• Positive Sentiment: A technical analysis article highlights HD’s move above a historically bullish trendline, a signal that has often preceded further gains. Blue-Chip Stock Just Crossed Over Historically Bullish Trendline
• Positive Sentiment: Trefis argues that a key valuation metric makes Home Depot attractive, adding to the current bullish investment case. One Number That Makes Home Depot a Buy
• Neutral Sentiment: The Home Depot Foundation committed $1 billion through 2032 to veteran causes, including housing initiatives. The announcement strengthens the company’s social-impact profile but is unlikely to materially affect near-term earnings. The Home Depot Foundation Pledges $1 Billion to Veteran Causes by 2032
• Negative Sentiment: Analysts continue to flag risks from a sluggish housing market and weak affordability, which may delay large renovation projects. The larger distribution network could increase sales opportunities, but it also requires capital and may carry different margins. Home Depot Stuck Between Two Fundamental Issues

Insider Buying and Selling at Home Depot

In other Home Depot news, EVP Michael F. Rowe sold 710 shares of Home Depot stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $336.76, for a total value of $239,099.60. Following the sale, the executive vice president owned 6,838 shares in the company, valued at $2,302,764.88. The trade was a 9.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Kimberly R. Scardino sold 675 shares of the company’s stock in a transaction on Thursday, September 10th. The shares were sold at an average price of $305.95, for a total value of $206,516.25. Following the completion of the transaction, the chief accounting officer directly owned 8,189 shares in the company, valued at approximately $2,505,424.55. This trade represents a 7.62% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 9,829 shares of company stock valued at $3,339,314. 0.08% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several research firms have recently commented on HD. Mizuho lifted their price objective on Home Depot from $385.00 to $390.00 and gave the stock an “outperform” rating in a report on Wednesday, August 19th. Guggenheim restated a “buy” rating and set a $425.00 target price on shares of Home Depot in a report on Wednesday, August 19th. Royal Bank Of Canada reduced their price target on Home Depot from $343.00 to $342.00 and set a “sector perform” rating on the stock in a research report on Wednesday, August 19th. Argus reaffirmed a “buy” rating and issued a $400.00 price target on shares of Home Depot in a research note on Wednesday, August 19th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Home Depot in a research report on Friday, October 2nd. One 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 given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $375.93.

Home Depot Stock Up 4.3%

Shares of Home Depot stock opened at $327.63 on Friday. The company has a debt-to-equity ratio of 2.64, a current ratio of 1.08 and a quick ratio of 0.31. The company has a 50-day moving average of $310.06 and a 200 day moving average of $323.91. The firm has a market cap of $326.87 billion, a price-to-earnings ratio of 22.93, a PEG ratio of 2.23 and a beta of 1.00. The Home Depot, Inc. has a 1 year low of $277.15 and a 1 year high of $397.63.

Home Depot (NYSE:HD) last posted its quarterly earnings data on Tuesday, August 18th. The home improvement retailer reported $4.92 EPS for the quarter, topping the consensus estimate of $4.73 by $0.19. Home Depot had a net margin of 8.41% and a return on equity of 106.42%. The business had revenue of $47.86 billion for the quarter, compared to analyst estimates of $47.24 billion. During the same quarter in the previous year, the firm posted $4.68 earnings per share. Home Depot’s quarterly revenue was up 5.7% on a year-over-year basis. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. As a group, sell-side analysts anticipate that The Home Depot, Inc. will post 15.01 earnings per share for the current fiscal year.

Home Depot Dividend Announcement

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

Home Depot Company 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.