Key Points
- Home Depot EVP Michael Rowe sold 710 shares at an average price of $336.76, generating approximately $239,100 and reducing his direct holdings by 9.41%.
- The company reported quarterly earnings of $4.92 per share and revenue of $47.86 billion, both exceeding analyst expectations; revenue increased 5.7% year over year.
- Home Depot declared a quarterly dividend of $2.33 per share, equivalent to a 2.8% annualized yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $375.54.
The Home Depot, Inc. (NYSE:HD - Get Free Report) EVP Michael Rowe sold 710 shares of the business's stock in a transaction that occurred on Wednesday, August 26th. The stock was sold at an average price of $336.76, for a total value of $239,099.60. Following the completion of the transaction, the executive vice president owned 6,838 shares in the company, valued at $2,302,764.88. The trade was a 9.41% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Home Depot Stock Performance
HD stock opened at $328.80 on Friday. The company has a quick ratio of 0.31, a current ratio of 1.08 and a debt-to-equity ratio of 2.64. The firm has a market cap of $328.04 billion, a PE ratio of 23.01, a P/E/G ratio of 3.69 and a beta of 0.95. The business has a 50 day moving average of $341.07 and a 200-day moving average of $338.82. The Home Depot, Inc. has a 12-month low of $289.10 and a 12-month high of $426.75.
Home Depot (NYSE:HD - Get Free Report) last issued its quarterly earnings results on Tuesday, August 18th. The home improvement retailer reported $4.92 EPS for the quarter, topping analysts' consensus estimates of $4.73 by $0.19. Home Depot had a return on equity of 106.42% and a net margin of 8.41%.The business had revenue of $47.86 billion for the quarter, compared to analyst estimates of $47.24 billion. During the same period last year, the company posted $4.68 earnings per share. Home Depot's quarterly revenue was up 5.7% compared to the same quarter last year. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. As a group, sell-side analysts expect that The Home Depot, Inc. will post 14.99 earnings per share for the current year.
Home Depot Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd will be given a dividend of $2.33 per share. The ex-dividend date of this dividend is Thursday, September 3rd. This represents a $9.32 annualized dividend and a dividend yield of 2.8%. Home Depot's dividend payout ratio (DPR) is currently 65.22%.
Wall Street Analysts Forecast Growth
Several equities analysts recently weighed in on HD shares. Truist Financial increased their price target on shares of Home Depot from $369.00 to $373.00 and gave the company a "buy" rating in a research report on Wednesday, August 19th. KeyCorp restated a "sector weight" rating on shares of Home Depot in a report on Wednesday, August 19th. BNP Paribas Exane lowered their price objective on shares of Home Depot from $348.00 to $325.00 and set a "neutral" rating on the stock in a research report on Tuesday, May 19th. DA Davidson reiterated a "buy" rating and issued a $377.00 target price on shares of Home Depot in a research note on Wednesday, August 19th. Finally, Wall Street Zen raised shares of Home Depot from a "sell" rating to a "hold" rating in a research report on Tuesday, June 2nd. Eighteen equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $375.54.
View Our Latest Analysis on Home Depot
Home Depot News Roundup
Here are the key news stories impacting Home Depot this week:
- Positive Sentiment: Home Depot expanded its Magic Apron AI assistant to all U.S. stores. The tool provides localized product information, project guidance and store navigation through text, voice, images and multiple languages. With millions of questions handled monthly, the rollout could improve customer service, associate productivity and sales conversion. The Home Depot Expands Magic Apron to Deliver Personalized and Localized In-Store Guidance
- Positive Sentiment: Recent analysis argues that Home Depot is showing its clearest turnaround signal in roughly two years. Analysts remain generally constructive, while the company’s recent quarterly results showed revenue growth and earnings above expectations, potentially positioning HD to benefit disproportionately when housing and remodeling demand recover. Prediction: Home Depot’s Turnaround Could Be Bigger Than Investors Expect
- Positive Sentiment: A comparison with Lowe’s suggests Home Depot may be the stronger housing-recovery play, with its scale, professional-customer exposure and strategic execution differentiating it in a frozen housing market. Home Depot vs. Lowe’s: One Housing Recovery Play Stands Out
- Neutral Sentiment: Home Depot beat second-quarter estimates, but coverage highlights a $685 million tariff refund. Because the refund may be a one-time benefit rather than recurring operating improvement, investors may be discounting part of the earnings upside. Home Depot Beat Q2 Estimates. What Did the $685M Tariff Refund Change?
- Negative Sentiment: Executive Vice President Michael F. Rowe sold 710 shares worth approximately $239,100, reducing his direct holdings by 9.4%. The transaction is relatively small and may be routine, but insider selling can add modest sentiment pressure. SEC Insider Transaction Filing
Institutional Investors Weigh In On Home Depot
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Gator Capital Management LLC purchased a new position in shares of Home Depot in the fourth quarter valued at about $3,693,000. King Luther Capital Management Corp boosted its holdings in shares of Home Depot by 0.6% during the fourth quarter. King Luther Capital Management Corp now owns 1,240,478 shares of the home improvement retailer's stock worth $426,848,000 after purchasing an additional 7,180 shares during the period. Thompson Siegel & Walmsley LLC boosted its holdings in shares of Home Depot by 320.4% during the fourth quarter. Thompson Siegel & Walmsley LLC now owns 11,292 shares of the home improvement retailer's stock worth $3,886,000 after purchasing an additional 8,606 shares during the period. Sarasin & Partners LLP increased its holdings in Home Depot by 4.0% during the 2nd quarter. Sarasin & Partners LLP now owns 687,219 shares of the home improvement retailer's stock valued at $242,368,000 after purchasing an additional 26,357 shares during the period. Finally, Capital International Inc. CA increased its holdings in Home Depot by 4.3% during the 4th quarter. Capital International Inc. CA now owns 150,368 shares of the home improvement retailer's stock valued at $51,742,000 after purchasing an additional 6,187 shares during the period. 70.86% of the stock is currently owned by institutional investors.
Home Depot Company Profile
(
Get Free Report)
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.
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