The Home Depot, Inc. (NYSE:HD) Shares Purchased by OVERSEA CHINESE BANKING Corp Ltd

14 Jul 2025, 18:22 by Sarita Garza · The Markets Daily

OVERSEA CHINESE BANKING Corp Ltd boosted its holdings in The Home Depot, Inc. (NYSE:HD – Free Report) by 326.2% in the first quarter, HoldingsChannel.com reports. The firm owned 37,144 shares of the home improvement retailer’s stock after buying an additional 28,428 shares during the quarter. OVERSEA CHINESE BANKING Corp Ltd’s holdings in Home Depot were worth $13,613,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in HD. Asset Planning Services Inc. LA ADV lifted its holdings in shares of Home Depot by 99,400.7% during the first 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 purchasing an additional 18,956,701 shares during the period. Norges Bank acquired a new stake in shares of Home Depot during the fourth quarter worth $5,032,910,000. GAMMA Investing LLC lifted its holdings in shares of Home Depot by 39,194.1% during the first quarter. GAMMA Investing LLC now owns 10,236,903 shares of the home improvement retailer’s stock worth $37,517,230,000 after purchasing an additional 10,210,851 shares during the period. Northern Trust Corp lifted its holdings in shares of Home Depot by 13.3% during the fourth quarter. Northern Trust Corp now owns 12,149,890 shares of the home improvement retailer’s stock worth $4,726,186,000 after purchasing an additional 1,424,857 shares during the period. Finally, Castlekeep Investment Advisors LLC acquired a new stake in shares of Home Depot during the fourth quarter worth $471,189,000. 70.86% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Home Depot

In other Home Depot news, EVP Teresa Wynn Roseborough sold 5,406 shares of the company’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 value of $1,996,327.68. Following the transaction, the executive vice president directly owned 17,367 shares of the company’s stock, valued at $6,413,285.76. This represents a 23.74% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Fahim Siddiqui sold 2,600 shares of the company’s stock in a transaction that occurred on Thursday, May 22nd. The shares were sold at an average price of $367.14, for a total value of $954,564.00. Following the completion of the transaction, the executive vice president directly owned 7,951 shares in the company, valued at approximately $2,919,130.14. The trade was a 24.64% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.10% of the company’s stock.

Home Depot Stock Performance

NYSE HD opened at $370.15 on Monday. The firm has a market capitalization of $368.27 billion, a P/E ratio of 25.11, a P/E/G ratio of 3.52 and a beta of 1.00. The Home Depot, Inc. has a 1-year low of $326.31 and a 1-year high of $439.37. The company has a debt-to-equity ratio of 5.95, a current ratio of 1.09 and a quick ratio of 0.28. The business’s 50-day simple moving average is $366.14 and its 200-day simple moving average is $375.29.

Home Depot (NYSE:HD – Get Free Report) last released its quarterly earnings data on Tuesday, May 20th. The home improvement retailer reported $3.56 earnings per share for the quarter, missing the consensus estimate of $3.59 by ($0.03). The firm had revenue of $39.86 billion during the quarter, compared to analyst estimates of $39.24 billion. Home Depot had a net margin of 8.98% and a return on equity of 242.51%. The business’s revenue for the quarter was up 9.4% on a year-over-year basis. During the same period in the prior year, the firm earned $3.63 earnings per share. Equities analysts predict that The Home Depot, Inc. will post 15.13 EPS for the current year.

Home Depot Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 18th. Investors of record on Thursday, June 5th were given a dividend of $2.30 per share. This represents a $9.20 annualized dividend and a yield of 2.49%. The ex-dividend date was Thursday, June 5th. Home Depot’s dividend payout ratio (DPR) is presently 62.42%.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on HD shares. TD Securities downgraded Home Depot to a “buy” rating in a report on Monday, June 2nd. Mizuho dropped their price target on Home Depot from $450.00 to $435.00 and set an “outperform” rating for the company in a research report on Wednesday, May 21st. Guggenheim restated a “buy” rating and issued a $450.00 price target on shares of Home Depot in a research report on Wednesday, May 21st. Robert W. Baird dropped their price target on Home Depot from $430.00 to $425.00 and set an “outperform” rating for the company in a research report on Wednesday, May 21st. Finally, Jefferies Financial Group dropped their price target on Home Depot from $461.00 to $456.00 in a research report on Tuesday, May 20th. Seven investment 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 stock currently has an average rating of “Moderate Buy” and an average target price of $426.77.

Check Out Our Latest Research Report on HD

Home Depot Profile

(Free Report)