Home Depot (NYSE:HD) EVP Michael Rowe Sells 710 Shares

The Home Depot, Inc. (NYSE:HD) EVP Michael Rowe sold 710 shares of the firm’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 transaction of $239,099.60. Following the transaction, the executive vice president owned 6,838 shares in the company, valued at approximately $2,302,764.88. This trade represents a 9.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

Home Depot Stock Performance

Shares of NYSE HD traded down $6.05 during midday trading on Thursday, reaching $328.80. 3,085,039 shares of the company were exchanged, compared to its average volume of 4,367,462. The stock has a market cap of $327.86 billion, a P/E ratio of 23.01, a PEG ratio of 3.72 and a beta of 0.95. The Home Depot, Inc. has a 1 year low of $289.10 and a 1 year high of $426.75. The stock has a fifty day simple moving average of $341.18 and a 200 day simple moving average of $339.21. The company has a current ratio of 1.08, a quick ratio of 0.31 and a debt-to-equity ratio of 2.64.

Home Depot (NYSE:HD) last posted its quarterly earnings data on Tuesday, August 18th. The home improvement retailer reported $4.92 EPS for the quarter, beating the consensus estimate of $4.73 by $0.19. The firm had revenue of $47.86 billion during 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 firm’s revenue was up 5.7% compared to the same quarter last year. During the same period in the prior year, the business earned $4.68 EPS. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. On average, research analysts forecast that The Home Depot, Inc. will post 14.99 earnings per share for the current fiscal year.

Home Depot Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd will be paid a dividend of $2.33 per share. The ex-dividend date of this dividend is Thursday, September 3rd. This represents a $9.32 dividend on an annualized basis and a dividend yield of 2.8%. Home Depot’s dividend payout ratio is 65.22%.

Key Home Depot News

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

• Positive Sentiment: AI expansion could improve the shopping experience. Home Depot is rolling out localized capabilities for its Magic Apron AI assistant across all U.S. stores. The tool can help customers and associates locate products, answer store-specific questions, provide project guidance, accept image uploads and support multiple languages. The initiative could improve service efficiency and customer conversion over time. The Home Depot Expands Magic Apron to Deliver Personalized and Localized In-Store Guidance
• Positive Sentiment: Recent earnings beat expectations. Fiscal second-quarter revenue rose 5.7% year over year to $47.86 billion, while adjusted diluted EPS of $4.92 exceeded the $4.73 consensus estimate. The results and analyst optimism support the view that a Home Depot turnaround could be stronger than currently reflected in the valuation. Home Depot Q2 Earnings and Tariff Refund Analysis
• Positive Sentiment: Income-focused investors retain a reason to hold the stock. Commentary highlighted Home Depot’s 17-year dividend-growth streak, offering shareholders income while waiting for housing and remodeling conditions to improve. Home Depot’s Dividend Streak
• Neutral Sentiment: Housing demand remains the key swing factor. A comparison with Lowe’s indicated that both retailers are operating in a frozen housing market, although their second-quarter results and strategies are diverging. This leaves Home Depot exposed to a slower recovery in big-ticket projects and home turnover. Home Depot Versus Lowe’s Housing Recovery Analysis
• Negative Sentiment: The earnings beat included a significant tariff refund. A $685 million refund helped the quarter, but it may not be recurring and therefore limits how much investors can extrapolate from the reported results. The article also cautioned that the quarter did not establish a broad home-improvement recovery. Home Depot Q2 Earnings and Tariff Refund Analysis

Analyst Upgrades and Downgrades

Several research firms recently commented on HD. Robert W. Baird decreased their price objective on shares of Home Depot from $430.00 to $380.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 20th. Wall Street Zen upgraded shares of Home Depot from a “sell” rating to a “hold” rating in a report on Tuesday, June 2nd. HSBC cut their target price on shares of Home Depot from $392.00 to $310.00 and set a “hold” rating for the company in a research report on Wednesday, May 20th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $398.00 price target on shares of Home Depot in a report on Tuesday, August 18th. Finally, Wells Fargo & Company increased their price target on shares of Home Depot from $360.00 to $400.00 and gave the company an “overweight” rating in a research report on Tuesday, August 11th. Eighteen investment 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’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $375.54.

Institutional Investors Weigh In On Home Depot

Several hedge funds have recently modified their holdings of HD. Tucker Asset Management LLC boosted its holdings in shares of Home Depot by 6.9% in the 2nd quarter. Tucker Asset Management LLC now owns 1,915 shares of the home improvement retailer’s stock valued at $675,000 after purchasing an additional 124 shares during the last quarter. Principia Wealth Advisory LLC grew its stake in shares of Home Depot by 60.4% during the 2nd quarter. Principia Wealth Advisory LLC now owns 85 shares of the home improvement retailer’s stock valued at $30,000 after buying an additional 32 shares during the period. Amundi increased its holdings in shares of Home Depot by 26.4% during the 2nd quarter. Amundi now owns 7,339,614 shares of the home improvement retailer’s stock worth $2,588,535,000 after buying an additional 1,533,276 shares during the last quarter. Wellington Grp LLC increased its holdings in shares of Home Depot by 60.9% during the 2nd quarter. Wellington Grp LLC now owns 2,781 shares of the home improvement retailer’s stock worth $981,000 after buying an additional 1,053 shares during the last quarter. Finally, Brown Financial Advisors raised its position in shares of Home Depot by 11.7% in the 2nd quarter. Brown Financial Advisors now owns 1,321 shares of the home improvement retailer’s stock worth $466,000 after buying an additional 138 shares during the period. 70.86% of the stock is owned by institutional investors and hedge funds.

About Home Depot

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.