Greg Jennings LLC Purchases 5,275 Shares of The Home Depot, Inc. $HD

Key Points

• Greg Jennings LLC acquired 5,275 Home Depot shares worth approximately $1.5 million, making HD its 23rd-largest holding and about 1% of its portfolio. Institutional investors collectively own 70.86% of the company.
• Home Depot’s latest quarterly results beat expectations, with adjusted EPS of $4.92 and revenue of $47.86 billion, up 5.7% year over year. The company pays a quarterly dividend of $2.33 per share, representing a 3.0% annualized yield.
• Analysts maintain a generally positive outlook, with a “Moderate Buy” consensus and average price target of $375.93 versus a recent share price of $309.86. However, weak housing activity remains a risk ahead of the company’s November 17 earnings report.

Greg Jennings LLC acquired a new position in shares of The Home Depot, Inc. (NYSE:HD - Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 5,275 shares of the home improvement retailer's stock, valued at approximately $1,501,000. Home Depot comprises approximately 1.0% of Greg Jennings LLC's portfolio, making the stock its 23rd largest holding.

Several other large investors have also recently bought and sold shares of the company. Zeit Capital LLC bought a new stake in shares of Home Depot in the 2nd quarter valued at $26,000. Cache Advisors LLC bought a new stake in Home Depot during the first quarter valued at $27,000. Osbon Capital Management LLC bought a new stake in Home Depot during the fourth quarter valued at $29,000. Principia Wealth Advisory LLC raised its position in shares of Home Depot by 60.4% in the 2nd quarter. Principia Wealth Advisory LLC now owns 85 shares of the home improvement retailer's stock worth $30,000 after acquiring an additional 32 shares in the last quarter. Finally, Merkkuri Wealth Advisors LLC acquired a new position in Home Depot in the first quarter valued at approximately $28,000. 70.86% of the stock is currently owned by institutional investors.

Home Depot Stock Up 0.1%

Shares of HD stock traded up $0.23 during trading hours on Monday, reaching $309.86. The company had a trading volume of 3,933,403 shares, compared to its average volume of 4,483,632. The business has a fifty day simple moving average of $312.52 and a 200-day simple moving average of $324.17. The Home Depot, Inc. has a 12 month low of $277.15 and a 12 month high of $397.63. The company has a market cap of $309.14 billion, a price-to-earnings ratio of 21.68, a price-to-earnings-growth ratio of 2.20 and a beta of 1.00. The company has a debt-to-equity ratio of 2.64, a current ratio of 1.08 and a quick ratio of 0.31.

Home Depot (NYSE:HD - Get Free Report) last issued its quarterly earnings data on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share 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 business had revenue of $47.86 billion for the quarter, compared to analysts' expectations of $47.24 billion. During the same period last year, the business earned $4.68 EPS. The business'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. On average, research analysts expect 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 announced a quarterly dividend, which was paid on Thursday, September 17th. Shareholders of record on Thursday, September 3rd were given a dividend of $2.33 per share. This represents a $9.32 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date was Thursday, September 3rd. Home Depot's dividend payout ratio (DPR) is currently 65.22%.

Key Headlines Impacting Home Depot

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

• Positive Sentiment: Improving growth ahead of earnings: Home Depot is scheduled to report third-quarter results on November 17. Recent quarterly growth has been accelerating, giving investors a potential near-term catalyst if the company delivers another earnings and revenue beat. Should You Buy Home Depot Stock Before Nov. 17?
• Positive Sentiment: Professional customer strategy: In comparisons with Amazon, analysts highlight Home Depot’s leadership in home improvement and its increased focus on professional trade customers. This strategy could support sales resilience and strengthen its competitive position over the long term. Amazon vs. Home Depot: Which Consumer Stock Is a Better Buy in 2026?
• Positive Sentiment: Momentum and long-term appeal: Zacks commentary identifies HD as a potentially attractive long-term stock for value, growth, and momentum investors. This may be supporting buying interest, though the analysis is based largely on screening and style factors rather than a new company announcement. Why Home Depot Is a Top Momentum Stock for the Long-Term
• Neutral Sentiment: Dividend comparison with Lowe’s: Investors are weighing Home Depot’s relatively attractive current income against Lowe’s potential for faster dividend growth. The debate may influence income-oriented investors but does not represent a change in HD’s dividend policy. Home Depot vs. Lowe’s: Higher Yield or Faster Dividend Growth?
• Negative Sentiment: Housing-market pressure remains a risk: Weak or “frozen” housing activity could delay large renovation projects and limit growth, making the November earnings report especially important for confirming demand trends. Home Depot vs. Lowe’s: Higher Yield or Faster Dividend Growth?

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the stock. Stifel Nicolaus raised their price target on shares of Home Depot from $320.00 to $340.00 and gave the stock a "hold" rating in a report on Monday, August 17th. Weiss Ratings reissued a "hold (c)" rating on shares of Home Depot in a research report on Friday, October 2nd. KeyCorp reaffirmed a "sector weight" rating on shares of Home Depot in a research report on Wednesday, August 19th. Guggenheim reiterated a "buy" rating and issued a $425.00 target price on shares of Home Depot in a report on Wednesday, August 19th. Finally, Wells Fargo & Company lifted their price target on shares of Home Depot from $360.00 to $400.00 and gave the company an "overweight" rating in a research report on Tuesday, August 11th. 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 issued a Sell rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $375.93.

Insider Buying and Selling at Home Depot

In related news, EVP Teresa Roseborough sold 2,455 shares of the business's 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 directly owned 14,061 shares in the company, valued at $4,622,834.97. The trade was a 14.86% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Kimberly R. Scardino sold 675 shares of the firm's stock in a transaction that occurred on Thursday, September 10th. The shares were sold at an average price of $305.95, for a total transaction of $206,516.25. Following the completion of the sale, the chief accounting officer directly owned 8,189 shares in the company, valued at $2,505,424.55. This represents a 7.62% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 9,829 shares of company stock worth $3,339,314 over the last three months. Company insiders own 0.08% of the company's stock.

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.

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