Blodgett Wealth Advisors LLC Raises Position in The Home Depot, Inc. $HD

17 Sep 2025, 14:44 by Scott Moore · The Cerbat Gem

Blodgett Wealth Advisors LLC boosted its stake in The Home Depot, Inc. (NYSE:HD – Free Report) by 0.5% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 5,856 shares of the home improvement retailer’s stock after buying an additional 31 shares during the quarter. Home Depot comprises 1.7% of Blodgett Wealth Advisors LLC’s holdings, making the stock its 12th largest holding. Blodgett Wealth Advisors LLC’s holdings in Home Depot were worth $2,147,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in HD. Asset Planning Services Inc. LA ADV increased its stake 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 valued at $6,954,431,000 after purchasing an additional 18,956,701 shares in the last quarter. GAMMA Investing LLC increased its stake 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 valued at $37,517,230,000 after purchasing an additional 10,210,851 shares in the last quarter. Nuveen LLC bought a new position in shares of Home Depot during the first quarter valued at approximately $2,076,592,000. Price T Rowe Associates Inc. MD increased its stake in shares of Home Depot by 19.3% during the first quarter. Price T Rowe Associates Inc. MD now owns 9,253,292 shares of the home improvement retailer’s stock valued at $3,391,240,000 after purchasing an additional 1,494,261 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in shares of Home Depot by 6.6% during the first quarter. Charles Schwab Investment Management Inc. now owns 14,415,278 shares of the home improvement retailer’s stock valued at $5,282,398,000 after purchasing an additional 891,326 shares in the last quarter. Institutional investors own 70.86% of the company’s stock.

Home Depot Trading Down 0.2%

Shares of Home Depot stock opened at $421.87 on Wednesday. The company’s fifty day simple moving average is $392.22 and its 200-day simple moving average is $372.74. The stock has a market capitalization of $419.93 billion, a PE ratio of 28.66, a P/E/G ratio of 4.01 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 4.31, a current ratio of 1.15 and a quick ratio of 0.34.

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

Home Depot Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 18th. Investors of record on Thursday, September 4th will be paid a dividend of $2.30 per share. The ex-dividend date is Thursday, September 4th. This represents a $9.20 dividend on an annualized basis and a dividend yield of 2.2%. Home Depot’s payout ratio is 62.50%.

Analyst Ratings Changes

A number of brokerages have weighed in on HD. Stifel Nicolaus raised their target price on shares of Home Depot from $425.00 to $432.00 and gave the company a “buy” rating in a research note on Monday, August 18th. DA Davidson reissued a “buy” rating and set a $450.00 price target on shares of Home Depot in a research report on Tuesday, August 19th. Evercore ISI set a $400.00 price target on shares of Home Depot and gave the company an “outperform” rating in a research report on Thursday, May 22nd. Gordon Haskett raised their price target on shares of Home Depot from $350.00 to $360.00 in a research report on Tuesday, May 20th. Finally, Truist Financial raised their price target on shares of Home Depot from $417.00 to $433.00 and gave the company a “buy” rating in a research report on Wednesday, August 13th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $432.52.

Get Our Latest Report on HD

Insider Activity at Home Depot

In related news, EVP Teresa Wynn Roseborough sold 5,483 shares of Home Depot stock in a transaction on 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 transaction, the executive vice president owned 16,057 shares in the company, valued at approximately $6,635,234.11. The trade was a 25.45% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Angie Brown sold 1,000 shares of Home Depot stock in a transaction on Wednesday, August 20th. The shares were sold at an average price of $404.07, for a total transaction of $404,070.00. Following the transaction, the executive vice president owned 3,837 shares in the company, valued at approximately $1,550,416.59. This trade represents a 20.67% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 48,835 shares of company stock worth $19,623,432 in the last 90 days. Company insiders own 0.10% of the company’s stock.

Home Depot Company Profile

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