The Home Depot, Inc. $HD Shares Sold by Talisman Wealth Advisors LLC

Talisman Wealth Advisors LLC trimmed its holdings in shares of The Home Depot, Inc. (NYSE:HD) by 3.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,333 shares of the home improvement retailer’s stock after selling 79 shares during the period. Talisman Wealth Advisors LLC’s holdings in Home Depot were worth $855,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Full Sail Capital LLC lifted its stake in Home Depot by 12.9% during the 1st quarter. Full Sail Capital LLC now owns 1,947 shares of the home improvement retailer’s stock valued at $714,000 after acquiring an additional 222 shares during the period. Apexium Financial LP lifted its stake in Home Depot by 14.9% during the 1st quarter. Apexium Financial LP now owns 3,972 shares of the home improvement retailer’s stock valued at $1,456,000 after acquiring an additional 514 shares during the period. Tandem Wealth Advisors LLC lifted its stake in Home Depot by 4.6% during the 1st quarter. Tandem Wealth Advisors LLC now owns 778 shares of the home improvement retailer’s stock valued at $285,000 after acquiring an additional 34 shares during the period. Freedom Investment Management Inc. lifted its stake in Home Depot by 2.2% during the 1st quarter. Freedom Investment Management Inc. now owns 5,481 shares of the home improvement retailer’s stock valued at $2,009,000 after acquiring an additional 117 shares during the period. Finally, Oak Harvest Investment Services lifted its stake in Home Depot by 12.3% during the 1st quarter. Oak Harvest Investment Services now owns 31,046 shares of the home improvement retailer’s stock valued at $11,378,000 after acquiring an additional 3,389 shares during the period. 70.86% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Home Depot

In other Home Depot news, EVP Angie Brown sold 1,000 shares of the company’s stock in a transaction on Wednesday, August 20th. The shares were sold at an average price of $404.07, for a total transaction of $404,070.00. Following the completion of the transaction, the executive vice president directly owned 3,837 shares in the company, valued at approximately $1,550,416.59. This represents a 20.67% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Teresa Wynn Roseborough sold 5,406 shares of the company’s stock in a transaction on Wednesday, May 28th. The stock was sold at an average price of $369.28, for a total transaction of $1,996,327.68. Following the transaction, the executive vice president owned 17,367 shares of the company’s stock, valued at $6,413,285.76. This represents a 23.74% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 42,672 shares of company stock valued at $16,827,675. Insiders own 0.10% of the company’s stock.

Analyst Ratings Changes

Several analysts have commented on HD shares. Telsey Advisory Group restated an “outperform” rating and set a $455.00 price objective on shares of Home Depot in a research note on Tuesday, August 19th. Truist Financial boosted their target price on shares of Home Depot from $417.00 to $433.00 and gave the company a “buy” rating in a research note on Wednesday, August 13th. Mizuho boosted their target price on shares of Home Depot from $435.00 to $450.00 and gave the company an “outperform” rating in a research note on Wednesday, August 20th. Royal Bank Of Canada decreased their target price on shares of Home Depot from $424.00 to $399.00 and set a “sector perform” rating for the company in a research note on Thursday, May 15th. Finally, JPMorgan Chase & Co. decreased their target price on shares of Home Depot from $460.00 to $452.00 and set an “overweight” rating for the company in a research note on Wednesday, August 20th. One analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $432.52.

Home Depot Stock Performance

NYSE:HD opened at $412.9960 on Monday. The company has a debt-to-equity ratio of 4.31, a quick ratio of 0.34 and a current ratio of 1.15. The company has a fifty day moving average of $374.52 and a two-hundred day moving average of $370.97. The stock has a market capitalization of $410.90 billion, a PE ratio of 28.06, a P/E/G ratio of 3.91 and a beta of 1.00. The Home Depot, Inc. has a fifty-two week low of $326.31 and a fifty-two week high of $439.37.

Home Depot (NYSE:HD) last posted its quarterly earnings data on Tuesday, August 19th. The home improvement retailer reported $4.68 earnings per share for the quarter, missing analysts’ consensus estimates of $4.69 by ($0.01). The company had revenue of $45.28 billion for the quarter, compared to analyst estimates of $45.43 billion. Home Depot had a return on equity of 193.99% and a net margin of 8.86%.The business’s revenue was up 4.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $4.60 earnings per share. Home Depot has set its FY 2025 guidance at 14.940-14.940 EPS. As a group, research analysts forecast that The Home Depot, Inc. will post 15.13 earnings per share for the current fiscal year.

Home Depot Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 18th. Shareholders of record on Thursday, September 4th will be given a dividend of $2.30 per share. The ex-dividend date is Thursday, September 4th. This represents a $9.20 dividend on an annualized basis and a yield of 2.2%. Home Depot’s dividend payout ratio is currently 62.50%.

About Home Depot

The Home Depot, Inc operates as a home improvement retailer in the United States and internationally. It sells various building materials, home improvement products, lawn and garden products, and décor products, as well as facilities maintenance, repair, and operations products. The company also offers installation services for flooring, water heaters, bath, garage doors, cabinets, cabinet makeovers, countertops, sheds, furnaces and central air systems, and windows.