The Home Depot, Inc. (NYSE:HD) Shares Sold by Sage Mountain Advisors LLC

15 Jul 2025, 14:43 by Amy Steele · The Cerbat Gem

Sage Mountain Advisors LLC trimmed its position in shares of The Home Depot, Inc. (NYSE:HD – Free Report) by 19.5% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 9,142 shares of the home improvement retailer’s stock after selling 2,217 shares during the period. Sage Mountain Advisors LLC’s holdings in Home Depot were worth $3,350,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Asset Planning Services Inc. LA ADV grew its holdings in Home Depot by 99,400.7% during the 1st quarter. Asset Planning Services Inc. LA ADV now owns 18,975,772 shares of the home improvement retailer’s stock worth $6,954,431,000 after acquiring an additional 18,956,701 shares in the last quarter. Norges Bank acquired a new position in Home Depot in the fourth quarter valued at approximately $5,032,910,000. GAMMA Investing LLC boosted its position in Home Depot by 39,194.1% during the 1st quarter. GAMMA Investing LLC now owns 10,236,903 shares of the home improvement retailer’s stock valued at $37,517,230,000 after purchasing an additional 10,210,851 shares during the period. Northern Trust Corp boosted its position in Home Depot by 13.3% during the 4th quarter. Northern Trust Corp now owns 12,149,890 shares of the home improvement retailer’s stock valued at $4,726,186,000 after purchasing an additional 1,424,857 shares during the period. Finally, Castlekeep Investment Advisors LLC acquired a new position in shares of Home Depot during the fourth quarter valued at $471,189,000. Institutional investors and hedge funds own 70.86% of the company’s stock.

Insider Transactions at Home Depot

In related news, EVP Fahim Siddiqui sold 2,600 shares of the business’s stock in a transaction dated Thursday, May 22nd. The stock was sold at an average price of $367.14, for a total transaction of $954,564.00. Following the completion of the transaction, the executive vice president directly owned 7,951 shares in the company, valued at $2,919,130.14. The trade was a 24.64% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Teresa Wynn Roseborough sold 5,406 shares of the business’s stock in a transaction that occurred 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 completion of the transaction, the executive vice president directly owned 17,367 shares of the company’s stock, valued at approximately $6,413,285.76. This represents a 23.74% decrease in their position. The disclosure for this sale can be found here. 0.10% of the stock is owned by insiders.

Home Depot Stock Up 0.1%

HD stock opened at $370.30 on Tuesday. The company has a debt-to-equity ratio of 5.95, a quick ratio of 0.28 and a current ratio of 1.09. The stock’s 50 day simple moving average is $366.32 and its 200 day simple moving average is $375.13. The Home Depot, Inc. has a fifty-two week low of $326.31 and a fifty-two week high of $439.37. The company has a market cap of $368.42 billion, a P/E ratio of 25.12, a price-to-earnings-growth ratio of 3.52 and a beta of 1.00.

Home Depot (NYSE:HD – Get Free Report) last issued its quarterly earnings results on Tuesday, May 20th. The home improvement retailer reported $3.56 EPS for the quarter, missing analysts’ consensus estimates of $3.59 by ($0.03). Home Depot had a net margin of 8.98% and a return on equity of 242.51%. The business had revenue of $39.86 billion for the quarter, compared to analysts’ expectations of $39.24 billion. During the same period in the previous year, the business posted $3.63 earnings per share. The business’s revenue was up 9.4% compared to the same quarter last year. On average, research analysts expect that The Home Depot, Inc. will post 15.13 earnings per share for the current fiscal year.

Home Depot Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 18th. Investors of record on Thursday, June 5th were paid a $2.30 dividend. The ex-dividend date of this dividend was Thursday, June 5th. This represents a $9.20 dividend on an annualized basis and a yield of 2.48%. Home Depot’s dividend payout ratio is 62.42%.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. Robert W. Baird cut their target price on shares of Home Depot from $430.00 to $425.00 and set an “outperform” rating for the company in a research note on Wednesday, May 21st. Sanford C. Bernstein reiterated a “market perform” rating and set a $398.00 price objective (up from $380.00) on shares of Home Depot in a report on Wednesday, May 21st. Truist Financial raised their price target on shares of Home Depot from $393.00 to $417.00 and gave the company a “buy” rating in a report on Tuesday, May 20th. Stifel Nicolaus upgraded Home Depot from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $405.00 to $425.00 in a research note on Wednesday, May 21st. Finally, JPMorgan Chase & Co. boosted their target price on shares of Home Depot from $410.00 to $418.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 21st. Seven research analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $426.77.

Get Our Latest Stock Report on Home Depot

About Home Depot

(Free Report)