4,731 The Home Depot, Inc. $HD Shares Bought by 55 North Private Wealth LLC

55 North Private Wealth LLC increased its holdings in The Home Depot, Inc. (NYSE:HD - Free Report) by 238.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,716 shares of the home improvement retailer's stock after acquiring an additional 4,731 shares during the period. 55 North Private Wealth LLC's holdings in Home Depot were worth $1,911,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. Cypress Capital LLC raised its holdings in Home Depot by 5.4% during the 3rd quarter. Cypress Capital LLC now owns 7,856 shares of the home improvement retailer's stock valued at $2,235,000 after acquiring an additional 401 shares during the period. Prentice Wealth Management LLC boosted its holdings in shares of Home Depot by 3.5% in the third quarter. Prentice Wealth Management LLC now owns 2,597 shares of the home improvement retailer's stock worth $739,000 after acquiring an additional 88 shares during the period. Willis Investment Counsel grew its position in shares of Home Depot by 2.3% in the third quarter. Willis Investment Counsel now owns 115,428 shares of the home improvement retailer's stock valued at $32,838,000 after purchasing an additional 2,560 shares in the last quarter. Investors Asset Management of Georgia Inc. GA ADV grew its position in shares of Home Depot by 0.6% in the third quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 14,123 shares of the home improvement retailer's stock valued at $4,018,000 after purchasing an additional 89 shares in the last quarter. Finally, Ballast Inc. raised its stake in shares of Home Depot by 3.3% during the 3rd quarter. Ballast Inc. now owns 8,050 shares of the home improvement retailer's stock valued at $2,290,000 after purchasing an additional 254 shares during the period. Institutional investors own 70.86% of the company's stock.

Key Headlines Impacting Home Depot

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

• Positive Sentiment: Home Depot is strengthening its position with professional contractors through strategic acquisitions, an expanded logistics network, and a greater emphasis on trade customers. Analysts and financial commentators view this strategy as a potential long-term growth driver. Alibaba vs. Home Depot: Which Consumer Stock Is a Better Buy in 2026?
• Positive Sentiment: Recent coverage describes Home Depot as a momentum and long-term stock candidate, citing improving growth in recent quarters and the company’s leadership in home improvement. That constructive framing likely supported buying interest. Should You Buy Home Depot Stock Before Nov. 17?
• Neutral Sentiment: Home Depot has become a heavily watched stock on Zacks, prompting renewed discussion of its earnings outlook, valuation, and investment style scores. The attention may increase trading activity but does not represent a fundamental change by itself. Here is What to Know Beyond Why The Home Depot, Inc. (HD) is a Trending Stock
• Neutral Sentiment: Investors are looking ahead to Home Depot’s third-quarter earnings report, scheduled for next month. Expectations for continued improvement have increased, but the report remains an important catalyst for validating the recent optimism. Should You Buy Home Depot Stock Before Nov. 17?
• Negative Sentiment: Commentary notes that housing-market activity remains constrained and that Home Depot trades at a valuation requiring investors to believe in successful strategic execution. These factors could limit upside if consumer demand or renovation spending remains weak. What Changed In Home Depot's Story?

Home Depot Trading Up 1.7%

NYSE HD opened at $315.04 on Wednesday. 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 stock's 50-day simple moving average is $310.94 and its two-hundred day simple moving average is $323.93. The Home Depot, Inc. has a twelve month low of $277.15 and a twelve month high of $397.63. The company has a market capitalization of $314.31 billion, a price-to-earnings ratio of 22.05, a PEG ratio of 2.20 and a beta of 1.00.

Home Depot (NYSE:HD - Get Free Report) last announced its quarterly earnings data on Tuesday, August 18th. The home improvement retailer reported $4.92 EPS for the quarter, beating the consensus estimate of $4.73 by $0.19. Home Depot had a return on equity of 106.42% and a net margin of 8.41%. The firm had revenue of $47.86 billion for the quarter, compared to analyst estimates of $47.24 billion. During the same period in the prior year, the company earned $4.68 EPS. The company's 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. Research analysts forecast that The Home Depot, Inc. will post 15.01 EPS for the current fiscal year.

Home Depot Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd were paid a $2.33 dividend. The ex-dividend date of this dividend was Thursday, September 3rd. This represents a $9.32 dividend on an annualized basis and a dividend yield of 3.0%. Home Depot's dividend payout ratio is 65.22%.

Insider Buying and Selling at Home Depot

In other news, CAO Kimberly 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 sale, the chief accounting officer owned 8,189 shares of the company's stock, valued at approximately $2,505,424.55. This represents a 7.62% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Michael Rowe sold 710 shares of the stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $336.76, for a total transaction of $239,099.60. Following the transaction, the executive vice president directly owned 6,838 shares in the company, valued at approximately $2,302,764.88. This represents a 9.41% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 9,829 shares of company stock worth $3,339,314 over the last 90 days. Company insiders own 0.08% of the company's stock.

Analyst Ratings Changes

A number of brokerages recently issued reports on HD. Wells Fargo & Company increased their price objective on Home Depot from $360.00 to $400.00 and gave the stock an "overweight" rating in a report on Tuesday, August 11th. Mizuho lifted their target price on Home Depot from $385.00 to $390.00 and gave the company an "outperform" rating in a report on Wednesday, August 19th. Stifel Nicolaus upped their price target on Home Depot from $320.00 to $340.00 and gave the company a "hold" rating in a research report on Monday, August 17th. TD Cowen reiterated a "buy" rating on shares of Home Depot in a research report on Monday, August 10th. Finally, Sanford C. Bernstein lowered their price target on shares of Home Depot from $354.00 to $344.00 and set a "market perform" rating on the stock in a report on Wednesday, September 9th. One investment 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 issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $375.93.

About Home Depot

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.

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