Key Points
- Home Depot EVP Ann Marie Campbell sold 145 shares on December 11 at an average price of $358.26 for a total of $51,947.70, trimming her position by 1.16% to 12,320 shares valued at about $4.41 million (SEC filing).
- Home Depot reported quarterly EPS of $3.74 (missing the $3.83 consensus) on $41.35 billion of revenue, set FY2025 guidance at 14.478 EPS, and analysts’ consensus for the year is roughly 15.13 EPS.
- The company declared a quarterly dividend of $2.30 (annualized $9.20) with an ex-dividend/record date of December 4 and a yield of about 2.6%.
The Home Depot, Inc. (NYSE:HD - Get Free Report) EVP Ann Marie Campbell sold 145 shares of the business's stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $358.26, for a total transaction of $51,947.70. Following the completion of the sale, the executive vice president directly owned 12,320 shares in the company, valued at $4,413,763.20. This trade represents a 1.16% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Home Depot Price Performance
NYSE:HD opened at $359.52 on Friday. The company has a debt-to-equity ratio of 3.82, a quick ratio of 0.29 and a current ratio of 1.05. The company has a 50-day moving average of $368.34 and a 200-day moving average of $379.23. The Home Depot, Inc. has a 52 week low of $326.31 and a 52 week high of $426.75. The company has a market capitalization of $357.90 billion, a price-to-earnings ratio of 24.51, a PEG ratio of 13.32 and a beta of 1.06.
Home Depot (NYSE:HD - Get Free Report) last posted its quarterly earnings results on Tuesday, November 18th. The home improvement retailer reported $3.74 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.83 by ($0.09). The business had revenue of $41.35 billion during the quarter, compared to analyst estimates of $41.06 billion. Home Depot had a return on equity of 160.74% and a net margin of 8.77%.The business's revenue for the quarter was up 2.8% on a year-over-year basis. During the same period last year, the company earned $3.78 EPS. Home Depot has set its FY 2025 guidance at 14.478-14.478 EPS. As a group, equities research analysts anticipate that The Home Depot, Inc. will post 15.13 earnings per share for the current fiscal year.
Home Depot Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Thursday, December 18th. Investors of record on Thursday, December 4th will be paid a $2.30 dividend. The ex-dividend date of this dividend is Thursday, December 4th. This represents a $9.20 annualized dividend and a yield of 2.6%. Home Depot's payout ratio is currently 62.71%.
Institutional Trading of Home Depot
Hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. boosted its position in Home Depot by 0.3% in the 3rd quarter. Vanguard Group Inc. now owns 98,310,031 shares of the home improvement retailer's stock valued at $39,834,241,000 after buying an additional 331,217 shares during the last quarter. State Street Corp boosted its holdings in Home Depot by 0.7% in the second quarter. State Street Corp now owns 46,015,836 shares of the home improvement retailer's stock valued at $16,871,246,000 after acquiring an additional 300,352 shares during the last quarter. Geode Capital Management LLC increased its position in Home Depot by 1.4% in the second quarter. Geode Capital Management LLC now owns 22,978,809 shares of the home improvement retailer's stock worth $8,394,611,000 after purchasing an additional 327,674 shares during the period. Charles Schwab Investment Management Inc. increased its position in Home Depot by 1.1% in the second quarter. Charles Schwab Investment Management Inc. now owns 14,568,860 shares of the home improvement retailer's stock worth $5,341,724,000 after purchasing an additional 153,582 shares during the period. Finally, Norges Bank bought a new stake in Home Depot during the 2nd quarter worth about $4,885,603,000. 70.86% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
Several research firms have issued reports on HD. Morgan Stanley reiterated an "outperform" rating on shares of Home Depot in a research note on Wednesday. DZ Bank reiterated a "sell" rating on shares of Home Depot in a research report on Tuesday, November 18th. Royal Bank Of Canada reduced their price target on shares of Home Depot from $376.00 to $366.00 and set a "sector perform" rating on the stock in a research report on Wednesday. KGI Securities lowered shares of Home Depot from an "outperform" rating to a "hold" rating and set a $320.00 price objective for the company. in a report on Wednesday, November 19th. Finally, Citigroup cut their target price on shares of Home Depot from $422.00 to $407.00 and set a "buy" rating for the company in a research note on Friday, November 21st. Twenty-one research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $401.17.
Check Out Our Latest Analysis on HD
About Home Depot
(
Get Free Report)
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.
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