The Home Depot, Inc. $HD Position Lowered by Eurizon Capital SGR S.p.A.

Eurizon Capital SGR S.p.A. reduced its stake in The Home Depot, Inc. (NYSE:HD) by 2.0% during the third quarter, according to its most recent filing with the SEC. The fund owned 387,682 shares of the home improvement retailer’s stock after selling 8,036 shares during the quarter. Eurizon Capital SGR S.p.A.’s holdings in Home Depot were worth $110,376,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. PBU The Pension Fund of Early Childhood & Youth Educators increased its stake in shares of Home Depot by 0.7% during the 3rd quarter. PBU The Pension Fund of Early Childhood & Youth Educators now owns 132,196 shares of the home improvement retailer’s stock worth $37,608,000 after purchasing an additional 896 shares during the last quarter. Werba Rubin Papier Wealth Management raised its holdings in shares of Home Depot by 9.4% in the 3rd quarter. Werba Rubin Papier Wealth Management now owns 1,474 shares of the home improvement retailer’s stock worth $419,000 after purchasing an additional 127 shares during the period. R Squared Ltd purchased a new position in Home Depot in the third quarter valued at approximately $1,671,000. Van Strum & Towne Inc. lifted its stake in Home Depot by 28.2% in the third quarter. Van Strum & Towne Inc. now owns 1,683 shares of the home improvement retailer’s stock valued at $479,000 after purchasing an additional 370 shares during the last quarter. Finally, Bingham Private Wealth LLC lifted its stake in Home Depot by 3.0% in the third quarter. Bingham Private Wealth LLC now owns 1,123 shares of the home improvement retailer’s stock valued at $319,000 after purchasing an additional 33 shares during the last quarter. Institutional investors own 70.86% of the company’s stock.

Insider Buying and Selling at Home Depot

In other Home Depot news, EVP Michael Rowe sold 710 shares of the stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $336.76, for a total transaction of $239,099.60. Following the sale, the executive vice president owned 6,838 shares in the company, valued at $2,302,764.88. This represents a 9.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Teresa Roseborough sold 2,455 shares of the firm’s stock in a transaction on Friday, August 28th. The stock was sold at an average price of $328.77, for a total value of $807,130.35. Following the completion of the transaction, the executive vice president directly owned 14,061 shares of the company’s stock, valued at $4,622,834.97. The trade was a 14.86% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 9,829 shares of company stock worth $3,339,314. 0.08% of the stock is owned by insiders.

More Home Depot News

Investors following HD have been watching these news items:

• Positive Sentiment: Home Depot’s expanding Pro business, digital sales growth and ongoing investments are cited as growth drivers. One report also highlights the company among retailers with a strong probability of beating earnings expectations, though no results have been reported yet. Home Depot Stock Rallies 20% in a Month: Is It Still a Buy? Retail stocks with earnings-beat potential
• Positive Sentiment: Analyst support includes Sanford C. Bernstein’s expectation that HD shares will rise and Bank of America Securities’ continued Buy rating. Bernstein analyst expects HD shares to rise Bank of America maintains Buy rating
• Negative Sentiment: Elevated mortgage rates and sluggish housing activity could restrain demand, while rising costs are a concern. Separate commentary warns that HD’s roughly 20% one-month rally may have left the stock looking expensive relative to its cash-generation outlook; technical pressure ahead of earnings adds near-term risk. Home Depot stock looks overvalued after its run Technical pressure ahead of earnings

Home Depot Price Performance

HD opened at $348.07 on Friday. The firm has a 50-day moving average price of $311.57 and a 200-day moving average price of $333.42. The Home Depot, Inc. has a twelve month low of $277.15 and a twelve month high of $397.63. 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 company has a market capitalization of $347.27 billion, a price-to-earnings ratio of 24.36, a PEG ratio of 2.60 and a beta of 0.93.

Home Depot (NYSE:HD) last announced its quarterly earnings results on Tuesday, August 18th. The home improvement retailer reported $4.92 EPS for the quarter, beating analysts’ consensus estimates 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 net margin of 8.41% and a return on equity of 106.42%. Home Depot’s revenue was up 5.7% compared to the same quarter last year. During the same period in the prior year, the company posted $4.68 EPS. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. Equities analysts expect that The Home Depot, Inc. will post 15.01 EPS for the current year.

Home Depot Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 17th. Shareholders of record on Thursday, September 3rd were issued a dividend of $2.33 per share. The ex-dividend date of this dividend was Thursday, September 3rd. This represents a $9.32 dividend on an annualized basis and a yield of 2.7%. Home Depot’s payout ratio is presently 65.22%.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. TD Cowen reissued a “buy” rating on shares of Home Depot in a report on Monday, August 10th. Sanford C. Bernstein raised their target price on Home Depot from $344.00 to $357.00 and gave the stock a “market perform” rating in a research report on Tuesday. KeyCorp restated a “sector weight” rating on shares of Home Depot in a research note on Wednesday, August 19th. JPMorgan Chase & Co. upped their price target on Home Depot from $396.00 to $400.00 and gave the company an “overweight” rating in a research report on Monday. Finally, Stifel Nicolaus dropped their price target on Home Depot from $346.00 to $322.00 and set a “hold” rating on the stock in a research report on Monday, October 26th. One analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $375.90.

Home Depot Company Profile

The Home Depot, Inc. is a home improvement retailer serving do-it-yourself customers, professional contractors and other businesses. The company sells building materials, tools, hardware, appliances, paint, flooring, and products for home maintenance, repair and renovation, as well as lawn and garden supplies. In addition to its retail stores and online channels, Home Depot offers services such as product delivery, equipment rental and home improvement installation. The company was founded in 1978 and is headquartered in Atlanta, Georgia.