Insider Selling: Home Depot (NYSE:HD) EVP Sells $807,130.35 in Stock

The Home Depot, Inc. (NYSE:HD) EVP Teresa Wynn Roseborough sold 2,455 shares of Home Depot stock in a transaction on Friday, August 28th. The stock was sold at an average price of $328.77, for a total transaction of $807,130.35. Following the transaction, the executive vice president directly owned 14,061 shares in the company, valued at approximately $4,622,834.97. This represents a 14.86% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Home Depot Trading Down 0.4%

NYSE:HD opened at $318.63 on Thursday. The company has a debt-to-equity ratio of 2.64, a current ratio of 1.08 and a quick ratio of 0.31. The business’s 50-day simple moving average is $340.43 and its 200-day simple moving average is $337.03. The Home Depot, Inc. has a fifty-two week low of $289.10 and a fifty-two week high of $426.75. The stock has a market capitalization of $317.89 billion, a PE ratio of 22.30, a price-to-earnings-growth ratio of 3.52 and a beta of 0.95.

Home Depot (NYSE:HD) last released its quarterly earnings results on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.73 by $0.19. The firm had revenue of $47.86 billion for the quarter, compared to the consensus estimate of $47.24 billion. Home Depot had a return on equity of 106.42% and a net margin of 8.41%.The company’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same quarter last year, the business posted $4.68 EPS. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. Sell-side analysts expect that The Home Depot, Inc. will post 15 earnings per share for the current fiscal year.

Home Depot Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Thursday, September 3rd will be paid a $2.33 dividend. This represents a $9.32 annualized dividend and a yield of 2.9%. The ex-dividend date is Thursday, September 3rd. Home Depot’s dividend payout ratio (DPR) is 65.22%.

Wall Street Analyst Weigh In

HD has been the topic of several research analyst reports. Stifel Nicolaus upped their price objective on Home Depot from $320.00 to $340.00 and gave the company a “hold” rating in a research note on Monday, August 17th. JPMorgan Chase & Co. decreased their target price on Home Depot from $423.00 to $396.00 and set an “overweight” rating on the stock in a report on Wednesday, May 20th. Wells Fargo & Company increased their price target on Home Depot from $360.00 to $400.00 and gave the company an “overweight” rating in a research note on Tuesday, August 11th. Wall Street Zen upgraded shares of Home Depot from a “sell” rating to a “hold” rating in a report on Tuesday, June 2nd. Finally, Mizuho increased their price objective on shares of Home Depot from $385.00 to $390.00 and gave the company an “outperform” rating in a research report on Wednesday, August 19th. Eighteen equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $375.54.

Trending Headlines about Home Depot

Here are the key news stories impacting Home Depot this week:

• Positive Sentiment: Home Depot’s AI-powered Magic Apron tools are now available across U.S. stores, providing localized product search and project assistance. The technology could improve customer engagement and support the company’s professional-customer growth strategy. Home Depot Could Be 15% Undervalued On Its Pro Growth Narrative
• Positive Sentiment: Zacks Research modestly raised its fiscal 2027 EPS forecast for HD to $15.03 from $14.95, while analysts continue to project earnings growth through fiscal 2029. The company also recently exceeded quarterly EPS and revenue expectations, offering some fundamental support. Home Depot Faces Weak DIY Demand
• Positive Sentiment: A regional competitor, Earl May, reportedly plans to close roughly one-quarter of its stores. While the impact is likely limited, store closures could reduce competition in some local markets. Earl May Closing Stores

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. California State Teachers Retirement System increased its holdings in shares of Home Depot by 34,873.9% during the second quarter. California State Teachers Retirement System now owns 525,674,125 shares of the home improvement retailer’s stock worth $185,394,750,000 after purchasing an additional 524,171,077 shares during the period. BlackRock Inc. bought a new stake in shares of Home Depot in the second quarter valued at approximately $28,771,247,000. Bank of America Corp DE acquired a new stake in Home Depot during the second quarter worth approximately $5,780,468,000. Norges Bank acquired a new stake in Home Depot during the fourth quarter worth approximately $4,850,329,000. Finally, Bank of New York Mellon Corp bought a new position in Home Depot during the 2nd quarter worth $2,777,396,000. Institutional investors own 70.86% of the company’s stock.

Home Depot Company Profile

The Home Depot, Inc (NYSE: HD) is a leading home improvement retailer that operates large-format stores and an integrated online platform offering a broad range of products and services for do-it-yourself consumers, professional contractors and businesses. The company was founded in 1978 by Bernard Marcus and Arthur Blank and is headquartered in Atlanta, Georgia. Since opening its first stores at the end of the 1970s, Home Depot has grown into a multinational retailer known for its orange-branded stores and wide assortment of home improvement merchandise.

Home Depot’s core business includes the sale of building materials, lumber, tools, hardware, appliances, paint, plumbing and electrical supplies, lawn and garden products, and home décor.