Syon Capital LLC Has $5.68 Million Stock Holdings in The Home Depot, Inc. $HD

Syon Capital LLC increased its holdings in shares of The Home Depot, Inc. (NYSE:HD) by 14.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,025 shares of the home improvement retailer’s stock after purchasing an additional 1,730 shares during the period. Syon Capital LLC’s holdings in Home Depot were worth $5,683,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in HD. Silphium Asset Management Ltd increased its stake in Home Depot by 77.2% during the 3rd quarter. Silphium Asset Management Ltd now owns 13,544 shares of the home improvement retailer’s stock valued at $5,488,000 after purchasing an additional 5,900 shares in the last quarter. West Family Investments Inc. increased its position in shares of Home Depot by 65.6% during the second quarter. West Family Investments Inc. now owns 3,630 shares of the home improvement retailer’s stock valued at $1,331,000 after acquiring an additional 1,438 shares during the last quarter. Truist Financial Corp boosted its holdings in shares of Home Depot by 0.3% in the 3rd quarter. Truist Financial Corp now owns 1,095,113 shares of the home improvement retailer’s stock worth $443,729,000 after buying an additional 3,608 shares during the last quarter. Asset Management One Co. Ltd. grew its position in shares of Home Depot by 2.3% during the 3rd quarter. Asset Management One Co. Ltd. now owns 534,564 shares of the home improvement retailer’s stock valued at $216,600,000 after acquiring an additional 12,239 shares during the period. Finally, Atlantic Union Bankshares Corp increased its position in Home Depot by 59.9% in the third quarter. Atlantic Union Bankshares Corp now owns 107,438 shares of the home improvement retailer’s stock worth $43,533,000 after buying an additional 40,232 shares during the last quarter. 70.86% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Home Depot

In related news, EVP Angie Brown sold 1,946 shares of the company’s stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $357.63, for a total value of $695,947.98. Following the transaction, the executive vice president directly owned 3,941 shares in the company, valued at approximately $1,409,419.83. This represents a 33.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Ann Marie Campbell sold 145 shares of the stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $358.26, for a total transaction of $51,947.70. Following the transaction, the executive vice president directly owned 12,320 shares of the company’s stock, valued at $4,413,763.20. The trade was a 1.16% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 4,963 shares of company stock valued at $1,748,845 over the last 90 days. Corporate insiders own 0.10% of the company’s stock.

Home Depot News Roundup

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

• Positive Sentiment: Multiple broker upgrades and higher price targets signal analyst confidence — Robert W. Baird raised its price target to $430 and kept an “outperform” rating, and Truist lifted its target to $405 while reiterating a Buy. These lifts provide explicit upside guidance from dealers. Read More. Read More.
• Positive Sentiment: Brokerages’ consensus is “Moderate Buy,” reinforcing institutional tilt toward the name and providing a supportive backdrop for longer-term holders. Read More.
• Positive Sentiment: Analysts expect Home Depot to likely beat upcoming Q4 earnings — upbeat near-term earnings expectations can limit downside if results meet or beat forecasts. Read More.
• Positive Sentiment: Company capital discipline (balanced investments, steady dividends, strong cash flow) is highlighted as a long-term value driver, supporting shareholder returns despite cyclical pressures. Read More.
• Neutral Sentiment: Home Depot has climbed ~17% over three months, but some analysts warn the stock trades at a premium and faces estimate cuts and housing-related headwinds — a mixed signal that supports caution after strong recent gains. Read More.
• Negative Sentiment: Operational and reputational issues—reports about ICE raids and increased theft (e.g., power tools being locked up)—are cited as concerning to customers and may hurt traffic/transaction trends and investor sentiment. This has contributed to short-term share weakness. Read More.
• Negative Sentiment: Short-term price pressure: coverage noting the stock declined while the broader market improved underscores profit-taking and sentiment-driven selling today. Read More.

Home Depot Stock Performance

Shares of NYSE:HD opened at $382.83 on Wednesday. The firm has a 50 day moving average of $367.74 and a 200 day moving average of $380.28. The company has a quick ratio of 0.29, a current ratio of 1.05 and a debt-to-equity ratio of 3.82. The Home Depot, Inc. has a 52 week low of $326.31 and a 52 week high of $426.75. The company has a market capitalization of $381.11 billion, a price-to-earnings ratio of 26.10, a price-to-earnings-growth ratio of 13.97 and a beta of 1.08.

Home Depot (NYSE:HD) last released its quarterly earnings results on Tuesday, November 18th. The home improvement retailer reported $3.74 EPS for the quarter, missing analysts’ consensus estimates of $3.83 by ($0.09). Home Depot had a net margin of 8.77% and a return on equity of 160.74%. The business had revenue of $41.35 billion during the quarter, compared to analysts’ expectations of $41.06 billion. During the same quarter last year, the business posted $3.78 earnings per share. The company’s quarterly revenue was up 2.8% compared to the same quarter last year. On average, sell-side analysts predict that The Home Depot, Inc. will post 15.13 earnings per share for the current fiscal year.

Home Depot Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, December 18th. Investors of record on Thursday, December 4th were paid a $2.30 dividend. The ex-dividend date of this dividend was Thursday, December 4th. This represents a $9.20 dividend on an annualized basis and a yield of 2.4%. Home Depot’s dividend payout ratio (DPR) is currently 62.71%.

Analyst Upgrades and Downgrades

Several brokerages recently commented on HD. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $381.00 price objective on shares of Home Depot in a research note on Wednesday. TD Cowen lifted their price target on shares of Home Depot from $410.00 to $450.00 and gave the company a “buy” rating in a report on Tuesday, January 20th. UBS Group set a $430.00 price target on shares of Home Depot in a research note on Wednesday, December 10th. Oppenheimer cut their price target on shares of Home Depot from $420.00 to $405.00 and set a “market perform” rating on the stock in a report on Friday, December 5th. Finally, Bank of America decreased their target price on shares of Home Depot from $450.00 to $430.00 and set a “buy” rating for the company in a research note on Wednesday, November 19th. Twenty-one research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Home Depot presently has a consensus rating of “Moderate Buy” and an average target price of $408.37.

About Home Depot

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.