Home Depot (NYSE:HD) CAO Sells 675 Shares

The Home Depot, Inc. (NYSE:HD - Get Free Report) CAO Kimberly Scardino sold 675 shares of the company's stock in a transaction on Thursday, September 10th. The stock was sold at an average price of $305.95, for a total transaction of $206,516.25. Following the completion of the sale, the chief accounting officer owned 8,189 shares of the company's stock, valued at $2,505,424.55. This represents a 7.62% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Home Depot Price Performance

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NYSE HD opened at $308.86 on Friday. The Home Depot, Inc. has a fifty-two week low of $289.10 and a fifty-two week high of $426.75. The stock's 50-day moving average is $335.14 and its two-hundred day moving average is $333.90. 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 firm has a market cap of $308.14 billion, a P/E ratio of 21.61, a price-to-earnings-growth ratio of 3.36 and a beta of 0.95.

Home Depot (NYSE:HD - Get Free Report) last announced its quarterly earnings results on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share for the quarter, topping analysts' consensus estimates of $4.73 by $0.19. The company had revenue of $47.86 billion during the quarter, compared to analysts' expectations of $47.24 billion. Home Depot had a return on equity of 106.42% and a net margin of 8.41%.The business's quarterly revenue was up 5.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $4.68 earnings per share. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. On average, analysts anticipate that The Home Depot, Inc. will post 15 earnings per share for the current fiscal year.

Home Depot Announces Dividend

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The business also recently disclosed 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 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date of this dividend is Thursday, September 3rd. Home Depot's dividend payout ratio (DPR) is presently 65.22%.

Key Stories Impacting Home Depot

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

• Positive Sentiment: Home Depot continues to benefit from momentum among professional customers, digital sales and faster fulfillment. These trends could help offset softer consumer traffic and support longer-term growth. Home Depot Drops 12.4% in a Month: Time to Buy or Stay Cautious?
• Positive Sentiment: The retailer is adding convenience and engagement features to its shopping experience, including a perk modeled after Costco’s approach. The initiative may improve customer retention and store visits, although its financial impact is not yet clear. Home Depot Tries to Copy Major Costco Perk
• Positive Sentiment: Home Depot remains highlighted as a company with a durable record of dividend increases, which may appeal to income-oriented investors during the housing slowdown. 5 Stocks That Keep Raising Their Dividend Regardless of the Market
• Neutral Sentiment: Chief Accounting Officer Kimberly Scardino sold 675 shares for approximately $206,516, reducing her holdings by 7.62% but retaining 8,189 shares. The transaction is relatively small and may have limited investment significance. SEC Insider Trading Filing
• Neutral Sentiment: A quantitative signal has emerged for contrarian options traders, potentially reflecting expectations that HD’s recent weakness is overdone; it does not change the company’s underlying fundamentals. A Rare Quant Signal Just Flashed for Contrarian Options Traders in Home Depot Stock
• Negative Sentiment: Analysts continue to flag weaker store traffic: recent growth has come from larger baskets and fewer transactions, increasing concern that shoppers may keep visiting less frequently as housing activity remains subdued. What Happens to Home Depot Stock If Shoppers Keep Visiting Less?
• Negative Sentiment: Erste Group Bank modestly lowered its FY2028 earnings estimate to $16.02 per share from $16.05, while Bernstein issued a pessimistic forecast for HD. The cautious analyst tone may weigh on sentiment despite Home Depot’s latest earnings beat. Sanford C. Bernstein Issues Pessimistic Forecast for Home Depot Stock

Institutional Inflows and Outflows

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A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. California State Teachers Retirement System raised its holdings in shares of Home Depot by 34,873.9% in the 2nd 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 buying an additional 524,171,077 shares in the last quarter. BlackRock Inc. acquired a new stake in Home Depot in the 2nd quarter valued at $28,771,247,000. State Street Corp boosted its stake in Home Depot by 1.8% in the 4th quarter. State Street Corp now owns 46,925,342 shares of the home improvement retailer's stock valued at $16,147,010,000 after buying an additional 825,164 shares in the last quarter. Geode Capital Management LLC grew its position in Home Depot by 1.5% in the fourth quarter. Geode Capital Management LLC now owns 23,756,142 shares of the home improvement retailer's stock valued at $8,151,344,000 after acquiring an additional 343,153 shares during the period. Finally, Bank of America Corp DE bought a new stake in Home Depot in the second quarter valued at $5,780,468,000. Institutional investors own 70.86% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have commented on HD. Mizuho increased their price target on Home Depot from $385.00 to $390.00 and gave the company an "outperform" rating in a report on Wednesday, August 19th. Telsey Advisory Group reduced their price objective on shares of Home Depot from $435.00 to $410.00 and set an "outperform" rating for the company in a research note on Wednesday, May 20th. Wells Fargo & Company raised their target price on shares of Home Depot from $360.00 to $400.00 and gave the company an "overweight" rating in a research note on Tuesday, August 11th. Morgan Stanley dropped their target price on shares of Home Depot from $420.00 to $400.00 and set an "overweight" rating on the stock in a report on Wednesday, May 20th. Finally, Wall Street Zen upgraded shares of Home Depot from a "sell" rating to a "hold" rating in a report on Tuesday, June 2nd. Eighteen investment 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. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $375.18.

Get Our Latest Research Report on Home Depot

Home Depot Company Profile

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The Home Depot, Inc is a home improvement retailer that sells building materials, appliances, decor, hardware, tools, paint, lawn and garden products, and related merchandise. The company serves do-it-yourself customers, professional contractors, homebuilders, and other commercial customers through its retail stores and digital platforms.

Home Depot also provides services such as equipment and tool rental, delivery, installation, and project support. Its professional-focused offerings include job-lot quantities, specialized products, credit services, and account support designed for contractors and other trade customers.

Founded in 1978 by Bernie Marcus, Arthur Blank, Ken Langone, and Pat Farrah, the company is headquartered in Atlanta, Georgia.

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