Financial Synergies Wealth Advisors 13F: Exits HD Stake

Financial Synergies Wealth Advisors sold its entire position in The Home Depot, Inc. (NYSE: HD) as disclosed in a filing on October 16, 2026. The firm cut 577 shares at a recent market value of about $177,670, marking a complete exit from its investment.

What Changed in Financial Synergies Wealth Advisors' Home Depot Position

With this transaction, Financial Synergies Wealth Advisors has sold out its entire stake, bringing its holdings down from 577 shares to 0. This move represents a 100% decrease in their position in Home Depot.

Other Institutional Activity in Home Depot

Several other funds have maintained or increased their stakes in Home Depot recently. Blackrock Inc. grew its holdings by 2,918,308 shares, ending with approximately 81,578,902 shares worth about $25.3 billion. Vanguard Capital Management LLC added 388,128 shares, resulting in a total of 65,076,088 shares valued at about $20.1 billion. State Street Corporation increased its position by 499,429 shares, bringing its total to approximately 47,175,026 shares worth about $14.6 billion. Additionally, Vanguard Portfolio Management LLC added 475,195 shares for a total of 25,751,551 shares valued at roughly $7.97 billion, and Geode Capital Management, LLC increased its stake by 326,672 shares, totaling 25,263,448 shares worth about $7.8 billion.

The Home Depot, Inc. Stock Up 4.5%

Home Depot's stock recently traded around $308.94, which is below both its 50-day and 200-day moving averages of about $313.97 and $336.47, respectively. The stock is approximately 22.3% lower than its 52-week high of $397.63, and about 11.5% above its 52-week low of $277.15. This performance indicates a challenging period for the stock relative to historical prices.

Recent Earnings

For the trailing twelve months, Home Depot reported revenues of approximately $169.2 billion with an earnings per share (EPS) of $14.37. The company has shown a year-over-year revenue growth of 5.7%. Analysts are looking ahead to the next earnings report scheduled for November 17, 2026.

Insider Buying and Selling at The Home Depot, Inc.

Recent insider activity includes multiple sales. Chief Financial Officer Richard V. Mcphail sold 5,989 shares at an average price of $348.40 on August 19, 2026, totaling about $2.1 million. Other insiders, including Officer Michael F. Rowe and General Counsel Teresa Wynn Roseborough, also sold shares during the same period, reflecting ongoing selling activity among executives.

Analysts Set New Price Targets

On August 19, 2026, Mizuho maintained an 'Outperform' rating on Home Depot with a price target of $390.00, while DA Davidson also maintained a 'Buy' rating with a $377.00 target. UBS and Truist Securities reiterated their 'Buy' ratings with targets of $420.00 and $373.00, respectively. Bernstein maintained a 'Market Perform' rating with a target of $344.00. The consensus among analysts is a 'Buy' rating with a mean price target of $379.75, suggesting potential upside from current trading levels.

About Home Depot

The Home Depot, Inc. is a leading home improvement retailer that offers a wide range of building materials, home improvement products, lawn and garden items, and decor products. The company operates stores throughout the United States and internationally, providing installation services for various home projects. With a substantial market cap of about $307.5 billion, Home Depot remains a major player in the consumer cyclical sector.

Bottom Line

The filing from Financial Synergies Wealth Advisors reflects a strategic exit from Home Depot, occurring during a challenging phase for the stock. Investors should monitor upcoming earnings on November 17, 2026, as well as any additional filings or insider trades that may provide further insights into market sentiment. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.