The Home Depot, Inc. $HD Stock Holdings Reduced by Nan Fung Trinity HK Ltd.

Key Points

• Nan Fung Trinity HK sharply reduced its Home Depot stake, selling 2.88 million shares, or 96.7%, during the third quarter. It retained 99,919 shares valued at about $28.4 million.
• Home Depot’s latest reported quarter beat estimates: earnings were $4.92 per share versus $4.73 expected, and revenue of $47.86 billion was up 5.7% year over year. The company issued fiscal 2026 EPS guidance of $14.69–$15.28.
• Analysts have a Moderate Buy consensus rating and an average price target of $375.90; the company’s quarterly dividend was $2.33 per share, equivalent to a 2.7% yield at the article’s stated share price.

Nan Fung Trinity HK Ltd. lessened its stake in shares of The Home Depot, Inc. (NYSE:HD - Free Report) by 96.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 99,919 shares of the home improvement retailer's stock after selling 2,883,981 shares during the period. Home Depot makes up about 2.7% of Nan Fung Trinity HK Ltd.'s portfolio, making the stock its 14th biggest position. Nan Fung Trinity HK Ltd.'s holdings in Home Depot were worth $28,426,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also bought and sold shares of the company. BlackRock Inc. acquired a new stake in shares of Home Depot during the second quarter worth $28,771,247,000. State Street Corp grew its holdings in shares of Home Depot by 1.1% during the second quarter. State Street Corp now owns 47,175,026 shares of the home improvement retailer's stock valued at $16,637,688,000 after buying an additional 499,168 shares during the last quarter. Bank of America Corp DE purchased a new stake in shares of Home Depot during the second quarter valued at $5,780,468,000. Bank of New York Mellon Corp purchased a new stake in shares of Home Depot during the second quarter valued at $2,777,396,000. Finally, Amundi increased its position in shares of Home Depot by 26.4% in the 2nd quarter. Amundi now owns 7,339,614 shares of the home improvement retailer's stock valued at $2,588,535,000 after acquiring an additional 1,533,276 shares during the period. Institutional investors and hedge funds own 70.86% of the company's stock.

Home Depot Stock Performance

Shares of NYSE HD opened at $348.07 on Friday. The company has a current ratio of 1.08, a quick ratio of 0.31 and a debt-to-equity ratio of 2.64. The Home Depot, Inc. has a 12 month low of $277.15 and a 12 month high of $397.63. The company has a 50 day simple moving average of $311.57 and a two-hundred day simple moving average of $333.42. The stock has a market cap 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 - Get Free Report) last released 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. The business had revenue of $47.86 billion for the quarter, compared to the consensus estimate of $47.24 billion. Home Depot had a net margin of 8.41% and a return on equity of 106.42%. The business's revenue for the quarter was up 5.7% on a year-over-year basis. During the same period in the prior year, the firm earned $4.68 EPS. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. As a group, analysts predict that The Home Depot, Inc. will post 15.01 earnings per share for the current year.

Home Depot Announces Dividend

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

Home Depot News Summary

Here's some of the latest news about HD:

• 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
• Neutral Sentiment: Pre-earnings coverage focuses on analyst estimates for Home Depot’s October-quarter results and key metrics, but the articles provide no reported figures; the upcoming release may be an important catalyst. Analyst projections for Home Depot Q3 earnings
• 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

Insider Buying and Selling at Home Depot

In other Home Depot news, CAO Kimberly Scardino sold 675 shares of the stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of $305.95, for a total transaction of $206,516.25. Following the sale, the chief accounting officer directly owned 8,189 shares of the company's stock, valued at approximately $2,505,424.55. This trade 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, CFO Richard McPhail sold 5,989 shares of the stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $348.40, for a total value of $2,086,567.60. Following the sale, the chief financial officer directly owned 48,104 shares in the company, valued at $16,759,433.60. This represents a 11.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 9,829 shares of company stock valued at $3,339,314 in the last three months. Company insiders own 0.08% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on HD. Royal Bank Of Canada reduced their target price on Home Depot from $343.00 to $342.00 and set a "sector perform" rating for the company in a research note on Wednesday, August 19th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Home Depot in a research report on Friday, October 2nd. UBS Group reiterated a "buy" rating on shares of Home Depot in a research note on Thursday, September 17th. Argus reissued a "buy" rating and issued a $400.00 price objective on shares of Home Depot in a report on Wednesday, August 19th. Finally, Melius Research set a $397.00 price objective on Home Depot in a report on Tuesday, October 6th. One research 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 assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus 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.

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