The Home Depot, Inc. $HD Stock Holdings Raised by Glenview Trust Co

Glenview Trust Co raised its holdings in shares of The Home Depot, Inc. (NYSE:HD) by 28.8% during the 3rd quarter, Holdings Channel.com reports. The firm owned 98,517 shares of the home improvement retailer’s stock after acquiring an additional 22,045 shares during the quarter. Glenview Trust Co’s holdings in Home Depot were worth $28,027,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Zeit Capital LLC bought a new stake in shares of Home Depot in the second quarter valued at approximately $26,000. Principia Wealth Advisory LLC lifted its stake in shares of Home Depot by 60.4% during the 2nd quarter. Principia Wealth Advisory LLC now owns 85 shares of the home improvement retailer’s stock valued at $30,000 after buying an additional 32 shares in the last quarter. Navigoe LLC bought a new position in Home Depot in the 2nd quarter worth approximately $32,000. Gould Capital LLC boosted its holdings in Home Depot by 58.7% in the 1st quarter. Gould Capital LLC now owns 100 shares of the home improvement retailer’s stock worth $33,000 after buying an additional 37 shares during the period. Finally, Clal Insurance Enterprises Holdings Ltd bought a new position in Home Depot in the 2nd quarter worth approximately $37,000. Institutional investors own 70.86% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on HD. UBS Group reiterated a “buy” rating on shares of Home Depot in a research note on Thursday, September 17th. Mizuho increased their target price on Home Depot from $385.00 to $390.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 19th. Guggenheim reaffirmed a “buy” rating and issued a $425.00 price target on shares of Home Depot in a report on Wednesday, August 19th. DA Davidson reiterated a “buy” rating and issued a $377.00 price target on shares of Home Depot in a research report on Wednesday, August 19th. Finally, Melius Research set a $397.00 price target on Home Depot in a research report on Tuesday, October 6th. One analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Home Depot has an average rating of “Moderate Buy” and an average price target of $375.31.

Home Depot Price Performance

HD stock opened at $329.31 on Friday. The firm has a 50 day moving average of $308.45 and a 200-day moving average of $334.91. 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 firm has a market capitalization of $328.55 billion, a P/E ratio of 23.04, a price-to-earnings-growth ratio of 2.34 and a beta of 1.00.

Home Depot (NYSE:HD) last issued 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 company 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%. Home Depot’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $4.68 earnings per share. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. As a group, sell-side analysts predict 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. Shareholders of record on Thursday, September 3rd were issued a $2.33 dividend. This represents a $9.32 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend was Thursday, September 3rd. Home Depot’s dividend payout ratio (DPR) is presently 65.22%.

Trending Headlines about Home Depot

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

In other news, CAO Kimberly Scardino sold 675 shares of the business’s stock in a transaction on Thursday, September 10th. The shares were sold at an average price of $305.95, for a total transaction of $206,516.25. Following the completion of the transaction, the chief accounting officer directly owned 8,189 shares in the company, valued at $2,505,424.55. The trade was a 7.62% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Michael Rowe sold 710 shares of the company’s stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $336.76, for a total transaction of $239,099.60. Following the completion of the transaction, the executive vice president directly owned 6,838 shares in the company, valued at approximately $2,302,764.88. The trade was a 9.41% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 9,829 shares of company stock valued at $3,339,314 over the last 90 days. Company insiders own 0.08% of the company’s stock.

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.