<div id="readability-page-1"><p>Accelerate Investment Advisors LLC purchased a new stake in shares of  The Home Depot, Inc. (NYSE:HD - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities &amp; Exchange Commission. The firm purchased 924 shares of the home improvement retailer's stock, valued at approximately $339,000.</p><ul><li>Beyond DIY: Home Depot's Conquest of the Professional Market</li></ul><p>Several other hedge funds and other institutional investors also recently added to or reduced their stakes in HD. Asset Planning Services Inc. LA ADV lifted its holdings in  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 lifted its stake in shares of  Home Depot by 39,194.1% in 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 buying an additional 10,210,851 shares in the last quarter.  Nuveen LLC purchased a new position in  Home Depot during the first quarter worth about $2,076,592,000.  Price T Rowe Associates Inc. MD raised its stake in  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 worth $3,391,240,000 after purchasing an additional 1,494,261 shares during the period.  Finally, Charles Schwab Investment Management Inc. raised its stake in  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 worth $5,282,398,000 after purchasing an additional 891,326 shares during the period. Institutional investors and hedge funds own  70.86% of the company's stock. </p><h2>Analyst Upgrades and Downgrades</h2><p>A number of equities research analysts have weighed in on the stock. Gordon Haskett lifted their price target on shares of Home Depot from $350.00 to $360.00 in a research report on Tuesday, May 20th. Evercore ISI  set a $400.00 price target on shares of Home Depot and gave the stock an &#34;outperform&#34; rating in a research note on Thursday, May 22nd. Telsey Advisory Group  reiterated an &#34;outperform&#34; rating and issued a $455.00 price target on shares of Home Depot in a research note on Tuesday, August 19th. Morgan Stanley boosted their price objective on shares of Home Depot from $415.00 to $430.00 and gave the stock an &#34;overweight&#34; rating in a research report on Wednesday, August 20th. Finally, Guggenheim  restated a &#34;buy&#34; rating and set a $450.00 price objective on shares of Home Depot in a research report on Wednesday, May 21st. One 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 company. According to MarketBeat, the company currently has a consensus rating of &#34;Moderate Buy&#34; and an average price target of $432.52.</p><ul><li>Retail Roundup: Key Winners and Losers After Q2 Earnings</li></ul><p><b>Check Out Our Latest Stock Report on Home Depot</b></p><h2>Home Depot Stock Performance</h2><p>Shares of HD opened at $423.33 on Friday. 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 stock has a market capitalization of $421.38 billion, a P/E ratio of 28.76, a P/E/G ratio of 4.01 and a beta of 1.00. The company's fifty day moving average is $390.03 and its two-hundred day moving average is $372.34. The Home Depot, Inc. has a 1 year low of $326.31 and a 1 year high of $439.37. </p><ul><li>Home Depot Holds Gains After Narrow Q2 Misses</li></ul><p>Home Depot (NYSE:HD - Get Free Report) last posted its quarterly 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 return on equity of 193.99% and a net margin of 8.86%.The company had revenue of $45.28 billion for the quarter, compared to analyst estimates of $45.43 billion. During the same period last year, the company earned $4.60 earnings per share. The business's revenue for the quarter 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. On average, sell-side analysts predict that  The Home Depot, Inc. will post 15.13 earnings per share for the current year. </p><h2>Home Depot Dividend Announcement</h2><p>The business also recently declared a quarterly dividend, which will be paid on Thursday, September 18th. Stockholders of record on Thursday, September 4th will be paid a dividend of $2.30 per share. The ex-dividend date of this dividend is Thursday, September 4th. This represents a $9.20 dividend on an annualized basis and a dividend yield of 2.2%. Home Depot's dividend payout ratio  is 62.50%. </p><h2>Insider Transactions at Home Depot</h2><p>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 sale, the executive vice president directly owned 24,235 shares of the company's stock, valued at approximately $9,941,924.05. This represents a 13.50% decrease in their position. The sale was disclosed in a legal filing with the Securities &amp; Exchange Commission, which is available at this hyperlink. Also, CEO Edward P. Decker sold 32,897 shares of the stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $397.22, for a total transaction of $13,067,346.34. Following the completion of the sale, the chief executive officer directly owned 122,425 shares in the company, valued at approximately $48,629,658.50. The trade was a 21.18% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 46,532 shares of company stock worth $18,648,987 in the last 90 days. Insiders own  0.10% of the company's stock. </p><h2>Home Depot Profile</h2> (Free Report)<p>The Home Depot, Inc operates as a home improvement retailer in the United States and internationally. It sells various building materials, home improvement products, lawn and garden products, and décor products, as well as facilities maintenance, repair, and operations products. The company also offers installation services for flooring, water heaters, bath, garage doors, cabinets, cabinet makeovers, countertops, sheds, furnaces and central air systems, and windows.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Home Depot</li><li>What Does a Gap Up Mean in Stocks? How to Play the Gap</li><li>Ride the Luxury Retail Wave with These 3 High-End Brand Stocks</li><li>How to buy stock: A step-by-step guide for beginners </li><li>Wall Street Quietly Bets Big on These Chinese Tech Giants</li><li>How to Calculate Retirement Income: MarketBeat’s Calculator</li><li>Meta's $600B U.S. Investment: Bearish or Bullish for Shares? </li></ul><p><strong>Want to see what other hedge funds are holding HD?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Home Depot, Inc. (NYSE:HD - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUhE?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUhE"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Home Depot Right Now?</h2><p>Before you consider Home Depot, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Home Depot wasn't on the list.</p><p>While Home Depot currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Accelerate Investment Advisors LLC acquired 924 shares of The Home Depot, Inc. (NYSE:HD) valued at approximately $339,000 during the 2nd quarter, as reported in their recent 13F filing. Other institutional investors also increased their stakes in Home Depot, with significant purchases from Asset Planning Services Inc. and GAMMA Investing LLC. Analysts have raised price targets for Home Depot, with a consensus rating of "Moderate Buy" and an average price target of $432.52. Home Depot's stock performance shows a market cap of $421.38 billion and a recent earnings miss of $4.68 per share.</p>

Accelerate Investment Advisors LLC Purchases Shares of 924 The Home Depot, Inc. $HD