Procyon Advisors LLC Reduces Holdings in The Home Depot, Inc. $HD

Procyon Advisors LLC trimmed its stake in shares of The Home Depot, Inc. (NYSE:HD) by 7.3% during the 3rd quarter, Holdings Channel.com reports. The fund owned 24,775 shares of the home improvement retailer’s stock after selling 1,951 shares during the quarter. Procyon Advisors LLC’s holdings in Home Depot were worth $10,039,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Legend Financial Advisors Inc. bought a new position in shares of Home Depot in the second quarter worth approximately $28,000. Sagard Holdings Management Inc. purchased a new stake in Home Depot during the 2nd quarter valued at $29,000. LFA Lugano Financial Advisors SA bought a new stake in Home Depot in the 2nd quarter worth $32,000. Legacy Investment Solutions LLC bought a new stake in Home Depot in the 2nd quarter worth $35,000. Finally, Dougherty Wealth Advisers LLC purchased a new position in shares of Home Depot in the third quarter valued at about $38,000. Institutional investors own 70.86% of the company’s stock.

Insiders Place Their Bets

In other Home Depot news, EVP Angie Brown sold 1,946 shares of the firm’s stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $357.63, for a total transaction of $695,947.98. Following the completion of the transaction, the executive vice president owned 3,941 shares of the company’s stock, valued at approximately $1,409,419.83. This trade represents a 33.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Teresa Wynn Roseborough sold 2,872 shares of Home Depot stock in a transaction that occurred on Friday, December 26th. The shares were sold at an average price of $348.52, for a total transaction of $1,000,949.44. Following the transaction, the executive vice president owned 13,196 shares of the company’s stock, valued at $4,599,069.92. The trade was a 17.87% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 4,963 shares of company stock worth $1,748,845. 0.10% of the stock is currently owned by company insiders.

Key Headlines Impacting Home Depot

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

• Positive Sentiment: Rilla partnership — The Home Depot announced a deal to deploy Rilla’s AI-powered coaching for store/service teams, which could boost frontline productivity, improve sales/service quality and drive incremental same-store performance over time. The Home Depot to Advance Customer Experience Using Rilla’s AI-Powered Coaching
• Positive Sentiment: Jim Cramer spotlight — Media coverage flagged by Jim Cramer highlighted Home Depot as a preferred way to play housing/exposure in certain trust portfolios, which can draw retail/institutional attention and support demand. Jim Cramer Highlights Home Depot as the Charitable Trust’s “Only Housing Exposure”
• Positive Sentiment: Value-rotation tailwind — Market commentary on a rotation from expensive tech into value names cites Home Depot as a defensive, dividend-paying consumer-stock beneficiary, which could attract flows if risk sentiment shifts away from growth. Tech Wreck or Valuation Reset? Rotating to Value in 2026 (HD)
• Positive Sentiment: Recent resilience — Market coverage noted HD rising on some sessions despite broader market weakness, signaling relative strength and investor appetite for defensive names. Home Depot (HD) Increases Despite Market Slip: Here’s What You Need to Know
• Neutral Sentiment: Valuation debate — Several pieces ask whether HD’s current valuation leaves upside limited for new buyers; these are analytical pieces that could slow momentum if investors decide the stock is fully priced. Is It Too Late To Consider Home Depot (HD) After Recent Valuation Signals
• Neutral Sentiment: Dividend appeal / Dogs of the Dow coverage — Inclusion in dividend-focused lists or Dow-themed screens highlights income investors’ interest but is unlikely to be a major short-term price driver. The Dogs of the Dow: 10 Downtrodden Dividends Paying Out Up to 6.8%
• Neutral Sentiment: Market timing lists — General “target/avoid” roundups for post-holiday trading reference macro volatility and sector rotation; they may influence short-term flows but offer no company-specific news. 25 Stocks to Target (and Avoid) After MLK Day
• Negative Sentiment: Investor skepticism on AI shopping plan — Coverage noted Home Depot’s stock slipped even after news of a new AI-driven shopping initiative, suggesting investors may be unimpressed by the plan’s near-term revenue/ROI implications or are more focused on macro/valuation headwinds. Home Depot Stock (NYSE:HD) Slips Despite New AI-Driven Shopping Plan

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. Guggenheim dropped their target price on shares of Home Depot from $450.00 to $400.00 and set a “buy” rating for the company in a report on Thursday, November 20th. Oppenheimer cut their price objective on Home Depot from $420.00 to $405.00 and set a “market perform” rating on the stock in a research report on Friday, December 5th. Wells Fargo & Company decreased their target price on Home Depot from $400.00 to $395.00 and set an “overweight” rating for the company in a report on Wednesday, December 10th. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $362.00 price target on shares of Home Depot in a research note on Monday, November 24th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Home Depot from $444.00 to $423.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 19th. 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 stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $402.10.

Home Depot Trading Down 1.1%

NYSE HD opened at $375.62 on Thursday. The firm has a market capitalization of $373.94 billion, a PE ratio of 25.60, a P/E/G ratio of 14.15 and a beta of 1.08. The stock’s 50 day moving average is $354.45 and its 200 day moving average is $378.01. The Home Depot, Inc. has a twelve month low of $326.31 and a twelve month high of $426.75. The company has a quick ratio of 0.29, a current ratio of 1.05 and a debt-to-equity ratio of 3.82.

Home Depot (NYSE:HD) last announced its quarterly earnings data on Tuesday, November 18th. The home improvement retailer reported $3.74 EPS for the quarter, missing the consensus estimate of $3.83 by ($0.09). Home Depot had a net margin of 8.77% and a return on equity of 160.74%. The firm had revenue of $41.35 billion for the quarter, compared to analysts’ expectations of $41.06 billion. During the same period in the prior year, the business posted $3.78 EPS. The business’s quarterly revenue was up 2.8% compared to the same quarter last year. Home Depot has set its FY 2025 guidance at 14.478-14.478 EPS. 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 firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 18th. Investors of record on Thursday, December 4th were paid a dividend of $2.30 per share. The ex-dividend date of this dividend was Thursday, December 4th. This represents a $9.20 annualized dividend and a yield of 2.4%. Home Depot’s payout ratio is presently 62.71%.

Home Depot Company 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.