Allspring Global Investments Holdings LLC enhanced its stake in The Home Depot by 60.8% during the third quarter, acquiring an additional 155,893 shares to reach a total holding of 412,323 shares valued at approximately $163.7 million as reported in its latest 13F filing with the SEC. Conversely, Diversified Trust Co. reduced its position by 25.3%, selling 10,321 shares to end the period with 30,416 shares worth about $12.3 million. Following these moves, institutional investors collectively own 70.86% of the company’s outstanding stock, underscoring continued confidence from major asset managers.

In recent months, executive vice presidents have trimmed their holdings, selling a combined 4,963 shares worth $1.75 million. Ann Marie Campbell disposed of 145 shares, reducing her stake by 1.16% to 12,320 shares, while Teresa Wynn Roseborough sold 2,872 shares, a 17.87% cut, leaving her with 13,196 shares. These transactions mark a modest uptick in insider selling over the last quarter, with corporate insiders now holding just 0.10% of the company’s stock.

Following the company’s mixed third-quarter report—EPS of 3.74 missed consensus by 0.09, revenue rose 2.8% to 41.35 billion, ROE stood at 160.7% and net margin at 8.77%—sell-side firms have adjusted their outlooks. HSBC and Wells Fargo trimmed their targets and assigned Hold and Overweight ratings respectively, while DA Davidson and Goldman Sachs maintained Buy sentiments despite lowering their price objectives. Of 34 analysts covering the stock, 21 rate it Buy, 11 Hold and 2 Sell, yielding a consensus view of Moderate Buy and an average target near 402.10. The company’s guidance for fiscal 2025 EPS is fixed at 14.478, with dividend yield at 2.7% and a payout ratio of 62.7%, factors investors will weigh as they assess near-term valuation and income attributes.