The Home Depot, Inc. $HD Shares Purchased by Nordea Investment Management AB

17 Oct 2025, 10:46 by Amy Steele · The Cerbat Gem

Nordea Investment Management AB boosted its stake in The Home Depot, Inc. (NYSE:HD – Free Report) by 1.2% during the 2nd quarter, HoldingsChannel reports. The fund owned 948,793 shares of the home improvement retailer’s stock after buying an additional 11,709 shares during the period. Nordea Investment Management AB’s holdings in Home Depot were worth $347,125,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in HD. Brighton Jones LLC raised its holdings in Home Depot by 36.5% in the fourth quarter. Brighton Jones LLC now owns 26,918 shares of the home improvement retailer’s stock valued at $10,471,000 after acquiring an additional 7,203 shares in the last quarter. GAMMA Investing LLC raised its holdings in Home Depot by 7.2% in the first quarter. GAMMA Investing LLC now owns 27,932 shares of the home improvement retailer’s stock valued at $10,237,000 after acquiring an additional 1,880 shares in the last quarter. Exchange Traded Concepts LLC raised its holdings in shares of Home Depot by 57.0% during the first quarter. Exchange Traded Concepts LLC now owns 1,311 shares of the home improvement retailer’s stock worth $480,000 after purchasing an additional 476 shares during the period. Centennial Wealth Advisory LLC raised its holdings in shares of Home Depot by 6.1% during the first quarter. Centennial Wealth Advisory LLC now owns 612 shares of the home improvement retailer’s stock worth $224,000 after purchasing an additional 35 shares during the period. Finally, Harrell Investment Partners LLC raised its holdings in shares of Home Depot by 0.9% during the first quarter. Harrell Investment Partners LLC now owns 20,803 shares of the home improvement retailer’s stock worth $7,624,000 after purchasing an additional 180 shares during the period. 70.86% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on HD. Morgan Stanley increased their target price on shares of Home Depot from $415.00 to $430.00 and gave the stock an “overweight” rating in a report on Wednesday, August 20th. Truist Financial increased their target price on shares of Home Depot from $417.00 to $433.00 and gave the stock a “buy” rating in a report on Wednesday, August 13th. DA Davidson reissued a “buy” rating and set a $450.00 target price on shares of Home Depot in a report on Tuesday, August 19th. JPMorgan Chase & Co. dropped their target price on shares of Home Depot from $460.00 to $452.00 and set an “overweight” rating on the stock in a report on Wednesday, August 20th. Finally, Telsey Advisory Group reissued an “outperform” rating and set a $455.00 target price on shares of Home Depot in a report on Tuesday, August 19th. One research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $435.42.

Check Out Our Latest Stock Report on HD

Home Depot Stock Down 0.2%

Home Depot stock opened at $387.40 on Friday. The company has a 50-day simple moving average of $403.62 and a 200-day simple moving average of $377.73. The firm has a market capitalization of $385.61 billion, a P/E ratio of 26.32, a P/E/G ratio of 3.68 and a beta of 1.00. The company has a debt-to-equity ratio of 4.31, a quick ratio of 0.34 and a current ratio of 1.15. The Home Depot, Inc. has a one year low of $326.31 and a one year high of $439.37.

Home Depot (NYSE:HD – Get Free Report) last released its quarterly earnings results on Tuesday, August 19th. The home improvement retailer reported $4.68 EPS for the quarter, missing the consensus estimate of $4.69 by ($0.01). The firm had revenue of $45.28 billion for the quarter, compared to the consensus estimate of $45.43 billion. Home Depot had a return on equity of 193.99% and a net margin of 8.86%.The firm’s revenue was up 4.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $4.60 EPS. Home Depot has set its FY 2025 guidance at 14.940-14.940 EPS. As a group, equities analysts expect that The Home Depot, Inc. will post 15.13 earnings per share for the current year.

Home Depot Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, September 18th. Investors of record on Thursday, September 4th were given a $2.30 dividend. This represents a $9.20 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date was Thursday, September 4th. Home Depot’s dividend payout ratio is currently 62.50%.

Insider Transactions at Home Depot

In related news, EVP William D. Bastek sold 3,783 shares of the stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $410.23, for a total value of $1,551,900.09. Following the completion of the transaction, the executive vice president owned 24,235 shares in the company, valued at $9,941,924.05. This represents a 13.50% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Teresa Wynn Roseborough sold 5,483 shares of the stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $413.23, for a total transaction of $2,265,740.09. Following the completion of the transaction, the executive vice president owned 16,057 shares of the company’s stock, valued at $6,635,234.11. This represents a 25.45% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 48,835 shares of company stock worth $19,623,432 over the last ninety days. Insiders own 0.10% of the company’s stock.

Home Depot Company Profile

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