Insider Selling: Home Depot (NYSE:HD) EVP Sells 2,455 Shares

The Home Depot, Inc. (NYSE:HD) EVP Teresa Wynn Roseborough sold 2,455 shares of the stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $328.77, for a total value of $807,130.35. Following the transaction, the executive vice president owned 14,061 shares in the company, valued at approximately $4,622,834.97. This trade represents a 14.86% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Home Depot Stock Performance

Shares of HD stock traded down $1.67 on Monday, hitting $328.52. The company’s stock had a trading volume of 3,407,605 shares, compared to its average volume of 4,358,559. 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 $340.97 and its 200-day moving average is $338.46. The company has a market capitalization of $327.76 billion, a PE ratio of 22.99, a PEG ratio of 3.64 and a beta of 0.95. The company has a debt-to-equity ratio of 2.64, a quick ratio of 0.31 and a current ratio of 1.08.

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

Home Depot Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd will be issued 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 payout ratio is 65.22%.

Wall Street Analyst Weigh In

Several equities analysts have commented on HD shares. Guggenheim reiterated a “buy” rating and issued a $425.00 target price on shares of Home Depot in a research report on Wednesday, August 19th. Weiss Ratings raised shares of Home Depot from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, July 7th. HSBC dropped their price target on shares of Home Depot from $392.00 to $310.00 and set a “hold” rating for the company in a research note on Wednesday, May 20th. Wells Fargo & Company boosted their price objective on shares of Home Depot from $360.00 to $400.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 11th. Finally, Morgan Stanley lowered their target price on Home Depot from $420.00 to $400.00 and set an “overweight” rating for the company in a research report on Wednesday, May 20th. Eighteen analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $375.54.

Institutional Investors Weigh In On Home Depot

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Advocate Investing Services LLC acquired a new stake in shares of Home Depot in the 4th quarter worth about $25,000. Zeit Capital LLC purchased a new stake in Home Depot in the second quarter worth $26,000. Parvin Asset Management LLC raised its position in shares of Home Depot by 110.0% in the third quarter. Parvin Asset Management LLC now owns 63 shares of the home improvement retailer’s stock valued at $26,000 after purchasing an additional 33 shares during the period. Cache Advisors LLC bought a new position in shares of Home Depot in the first quarter worth $27,000. Finally, Merkkuri Wealth Advisors LLC purchased a new position in Home Depot during the 1st quarter valued at about $28,000. 70.86% of the stock is owned by institutional investors.

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.