The Home Depot, Inc. $HD Stock Holdings Increased by Vise Technologies Inc.

Key Points

• Vise Technologies increased its Home Depot stake by 19.3% in the third quarter, owning 90,965 shares valued at approximately $25.9 million. Institutional investors collectively hold 70.86% of the company.
• Home Depot reported quarterly EPS of $4.92 and revenue of $47.86 billion, beating analyst estimates, while sales increased 5.7% year over year. The company also pays a quarterly dividend of $2.33 per share, yielding about 2.8% annually.
• Analysts remain broadly positive, with a consensus “Moderate Buy” rating and an average price target of $375.31, although concerns include demanding valuation, elevated interest rates, and delayed large renovation spending. Recent insider transactions were net sales.

Vise Technologies Inc. grew its stake in shares of The Home Depot, Inc. (NYSE:HD - Free Report) by 19.3% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 90,965 shares of the home improvement retailer's stock after purchasing an additional 14,708 shares during the quarter. Vise Technologies Inc.'s holdings in Home Depot were worth $25,879,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in HD. BlackRock Inc. bought a new stake in Home Depot during the second quarter valued at $28,771,247,000. Bank of America Corp DE bought a new position in shares of Home Depot during the 2nd quarter valued at about $5,780,468,000. Bank of New York Mellon Corp bought a new stake in Home Depot in the 2nd quarter worth $2,777,396,000. Corient Private Wealth LP bought a new position in Home Depot in the second quarter worth $390,913,000. Finally, Legal & General Group Plc bought a new position in Home Depot during the second quarter valued at approximately $1,953,883,000. 70.86% of the stock is owned by institutional investors.

More Home Depot News

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

• Positive Sentiment: Steady demand for smaller home-improvement projects and continued digital gains are helping sustain Home Depot’s sales growth despite pressure on larger renovations. This suggests consumers are still spending on maintenance and affordable upgrades. Are Smaller Home Projects Sustaining Home Depot's Sales Growth?
• Positive Sentiment: One analysis identifies HD as a potential long-term stock, supporting the bullish case based on the company’s scale, established brand, cash generation, and ability to benefit when housing and renovation activity recover. Why Home Depot Is a Top Stock for the Long-Term
• Positive Sentiment: Coverage of dividend-focused blue-chip investments highlights Home Depot’s long history of returning cash to shareholders. Its dividend may appeal to investors seeking income while waiting for a broader housing and remodeling recovery. $300,000 in Home Depot, IBM and McDonald's Could Pay Over $8,500 a Year
• Neutral Sentiment: A comparison with Somnigroup International asks whether SGI or HD offers better value. The article is primarily a relative-valuation discussion rather than a new company-specific catalyst, so its effect on HD is likely limited. SGI vs. HD: Which Stock Is the Better Value Option?
• Negative Sentiment: Another analysis argues that HD’s valuation may be demanding after its roughly 20% three-year gain, raising concern that the share price could already reflect much of the expected future cash flow. Home Depot Stock Looks Overvalued After Its Three-Year Run
• Negative Sentiment: Commentary on a delayed macroeconomic recovery presents HD as a potential dip-buying opportunity, but also signals that high interest rates, weaker housing activity, and postponed major renovations may continue to restrain near-term results. Home Depot: Delayed Macro Recovery Triggers Dip Buying Opportunity and Richer Yields

Insider Activity at Home Depot

In other Home Depot news, CAO Kimberly R. Scardino sold 675 shares of Home Depot stock in a transaction that occurred on Thursday, September 10th. The stock was sold at an average price of $305.95, for a total value of $206,516.25. Following the transaction, the chief accounting officer directly owned 8,189 shares of the company's stock, valued at $2,505,424.55. The trade was a 7.62% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Teresa Roseborough sold 2,455 shares of the stock in a transaction that occurred 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. This represents a 14.86% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 9,829 shares of company stock valued at $3,339,314 in the last three months. Insiders own 0.08% of the company's stock.

Home Depot Price Performance

Home Depot stock opened at $329.31 on Friday. The business's fifty day moving average is $308.45 and its two-hundred day moving average is $334.91. The firm has a market cap of $328.55 billion, a P/E ratio of 23.04, a P/E/G ratio of 2.34 and a beta of 1.00. The company has a debt-to-equity ratio of 2.64, a quick ratio of 0.31 and a current ratio of 1.08. The Home Depot, Inc. has a 52 week low of $277.15 and a 52 week high of $397.63.

Home Depot (NYSE:HD - Get Free Report) 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 firm had revenue of $47.86 billion during 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%. The company's revenue for the quarter was up 5.7% compared to the same quarter last year. During the same quarter last year, the company posted $4.68 earnings per share. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. Equities research analysts forecast that The Home Depot, Inc. will post 15.01 earnings per share for the current fiscal year.

Home Depot Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, September 17th. Investors 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 dividend 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%.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on HD. Truist Financial upped their price target on shares of Home Depot from $369.00 to $373.00 and gave the company a "buy" rating in a research note on Wednesday, August 19th. Royal Bank Of Canada dropped their price objective on shares of 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. Mizuho boosted their price target on Home Depot from $385.00 to $390.00 and gave the stock an "outperform" rating in a research note on Wednesday, August 19th. UBS Group reissued a "buy" rating on shares of Home Depot in a research note on Thursday, September 17th. Finally, KeyCorp reaffirmed a "sector weight" rating on shares of Home Depot in a research report on Wednesday, August 19th. One research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $375.31.

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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