OneAscent Financial Services LLC Sells 4,063 Shares of The Home Depot, Inc. $HD

OneAscent Financial Services LLC lowered its stake in The Home Depot, Inc. (NYSE:HD) by 62.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,406 shares of the home improvement retailer’s stock after selling 4,063 shares during the period. OneAscent Financial Services LLC’s holdings in Home Depot were worth $975,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in HD. Centerpoint Advisory Group boosted its stake in shares of Home Depot by 0.8% during the 2nd quarter. Centerpoint Advisory Group now owns 3,163 shares of the home improvement retailer’s stock valued at $1,160,000 after purchasing an additional 26 shares in the last quarter. Disciplined Investors L.L.C. raised its stake in Home Depot by 2.3% in the second quarter. Disciplined Investors L.L.C. now owns 1,178 shares of the home improvement retailer’s stock worth $432,000 after buying an additional 26 shares in the last quarter. Brio Consultants LLC lifted its holdings in Home Depot by 4.7% in the second quarter. Brio Consultants LLC now owns 574 shares of the home improvement retailer’s stock worth $210,000 after buying an additional 26 shares during the period. Emprise Bank boosted its position in Home Depot by 0.8% during the 3rd quarter. Emprise Bank now owns 3,135 shares of the home improvement retailer’s stock valued at $1,270,000 after acquiring an additional 26 shares in the last quarter. Finally, BWM Planning LLC grew its holdings in shares of Home Depot by 0.7% during the 2nd quarter. BWM Planning LLC now owns 4,105 shares of the home improvement retailer’s stock worth $1,505,000 after acquiring an additional 27 shares during the period. 70.86% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Home Depot

In related news, EVP Teresa Wynn Roseborough sold 2,872 shares of the firm’s stock in a transaction on Friday, December 26th. The stock was sold at an average price of $348.52, for a total value of $1,000,949.44. Following the transaction, the executive vice president directly owned 13,196 shares of the company’s stock, valued at approximately $4,599,069.92. This trade represents a 17.87% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Ann Marie Campbell sold 145 shares of Home Depot stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $358.26, for a total value of $51,947.70. Following the transaction, the executive vice president owned 12,320 shares in the company, valued at $4,413,763.20. This trade represents a 1.16% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 4,963 shares of company stock worth $1,748,845 in the last 90 days. 0.10% of the stock is currently owned by insiders.

Home Depot Stock Down 0.1%

Home Depot stock opened at $349.09 on Thursday. The Home Depot, Inc. has a one year low of $326.31 and a one year high of $426.75. The stock has a fifty day moving average of $355.04 and a 200 day moving average of $377.63. The company has a debt-to-equity ratio of 3.82, a quick ratio of 0.29 and a current ratio of 1.05. The stock has a market cap of $347.53 billion, a PE ratio of 23.80, a price-to-earnings-growth ratio of 13.01 and a beta of 1.08.

Home Depot (NYSE:HD) last issued its quarterly earnings data on Tuesday, November 18th. The home improvement retailer reported $3.74 earnings per share for the quarter, missing the consensus estimate of $3.83 by ($0.09). The business had revenue of $41.35 billion during the quarter, compared to the consensus estimate of $41.06 billion. Home Depot had a return on equity of 160.74% and a net margin of 8.77%.Home Depot’s revenue for the quarter was up 2.8% on a year-over-year basis. During the same quarter last year, the company earned $3.78 EPS. Home Depot has set its FY 2025 guidance at 14.478-14.478 EPS. As a group, sell-side analysts predict that The Home Depot, Inc. will post 15.13 EPS for the current year.

Home Depot Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 18th. Stockholders of record on Thursday, December 4th were paid a dividend of $2.30 per share. This represents a $9.20 annualized dividend and a dividend yield of 2.6%. The ex-dividend date was Thursday, December 4th. Home Depot’s dividend payout ratio (DPR) is currently 62.71%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on HD shares. Jefferies Financial Group restated a “buy” rating and issued a $424.00 target price on shares of Home Depot in a research note on Wednesday, December 10th. Royal Bank Of Canada decreased their price objective on Home Depot from $376.00 to $366.00 and set a “sector perform” rating for the company in a report on Wednesday, December 10th. Wall Street Zen lowered Home Depot from a “hold” rating to a “sell” rating in a research report on Friday, November 28th. Guggenheim dropped their target price on shares of Home Depot from $450.00 to $400.00 and set a “buy” rating on the stock in a report on Thursday, November 20th. Finally, Telsey Advisory Group reduced their target price on shares of Home Depot from $430.00 to $410.00 and set an “outperform” rating on the stock in a research report on Wednesday, December 10th. Twenty-one equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $402.10.

Trending Headlines about Home Depot

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

• Positive Sentiment: Investor rotation into cash‑rich retailers and a stronger-than-expected renovation trend could boost Home Depot’s sales and investor appetite for defensive retail names; this theme is being cited as a supportive factor. Investor Shift To Cash-Rich Retailers And Renovation Trend Could Be A Game Changer For Home Depot (HD)
• Positive Sentiment: Local ICE enforcement developments (a Phoenix raid) appear to have eased a near-term labor disruption risk narrative for Home Depot, which traders have interpreted as a modest tailwind. Phoenix Raid Lands Four Day Laborers, Home Depot Stock Notches Up
• Positive Sentiment: Recent analyst/market coverage highlighted a short‑term uptick in the shares and key technical moves, which can attract momentum buyers. Home Depot (HD) Rises Higher Than Market: Key Facts
• Neutral Sentiment: Unusual options activity has been reported around HD; options flow can signal speculative positioning but does not establish direction for fundamentals. Home Depot Unusual Options Activity
• Neutral Sentiment: Longer-form analysis frames Home Depot as a potential turnaround/“fixer‑upper” given consumer headwinds (student loans, rising healthcare costs, softer labor market) but stops short of near‑term bullishness — useful context for longer‑term investors. Home Depot: A Fixer-Upper Amid Student Loans, Rising Healthcare Premiums, And Soft Labor Market
• Negative Sentiment: Home Depot issued FY2025 EPS guidance of 14.478 (single-point) and revenue guidance of ~$164.3B, both slightly below consensus — a primary near‑term negative catalyst that pressures valuation and expectations.
• Negative Sentiment: Pomerantz LLP announced an investor investigation into Home Depot, which raises potential legal/financial risk and tends to weigh on investor sentiment until resolved. Pomerantz Law Firm Investigates Claims On Behalf of Investors of The Home Depot, Inc.
• Negative Sentiment: Coverage noted Home Depot underperformed peers on a relative basis despite an intra‑day gain, signaling investor caution versus competitors. Home Depot Inc. stock underperforms Tuesday when compared to competitors despite daily gains

Home Depot Profile

The Home Depot, Inc (NYSE: HD) is a leading home improvement retailer that operates large-format stores and an integrated online platform offering a broad range of products and services for do-it-yourself consumers, professional contractors and businesses. The company was founded in 1978 by Bernard Marcus and Arthur Blank and is headquartered in Atlanta, Georgia. Since opening its first stores at the end of the 1970s, Home Depot has grown into a multinational retailer known for its orange-branded stores and wide assortment of home improvement merchandise.

Home Depot’s core business includes the sale of building materials, lumber, tools, hardware, appliances, paint, plumbing and electrical supplies, lawn and garden products, and home décor.