Richard Mcphail Sells 2,550 Shares of Home Depot (NYSE:HD) Stock

The Home Depot, Inc. (NYSE:HD) CFO Richard Mcphail sold 2,550 shares of the business’s stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $368.89, for a total value of $940,669.50. Following the completion of the sale, the chief financial officer directly owned 44,566 shares in the company, valued at approximately $16,439,951.74. This represents a 5.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Home Depot Stock Down 2.0%

Shares of NYSE:HD traded down $7.52 on Thursday, hitting $361.59. 4,752,060 shares of the company traded hands, compared to its average volume of 4,324,713. The stock has a 50 day simple moving average of $373.12 and a 200-day simple moving average of $379.19. The company has a quick ratio of 0.26, a current ratio of 1.06 and a debt-to-equity ratio of 3.62. The company has a market cap of $359.97 billion, a PE ratio of 25.41, a PEG ratio of 13.15 and a beta of 1.09. The Home Depot, Inc. has a 52 week low of $326.31 and a 52 week high of $426.75.

Home Depot (NYSE:HD) last announced its quarterly earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 earnings per share for the quarter, beating the consensus estimate of $2.52 by $0.20. Home Depot had a net margin of 8.60% and a return on equity of 134.32%. The company had revenue of $38.20 billion during the quarter, compared to the consensus estimate of $38.01 billion. During the same quarter last year, the firm earned $3.13 earnings per share. The firm’s quarterly revenue was down 3.8% compared to the same quarter last year. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. As a group, research analysts expect that The Home Depot, Inc. will post 15.13 earnings per share for the current year.

Home Depot Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 12th will be given a dividend of $2.33 per share. This represents a $9.32 dividend on an annualized basis and a yield of 2.6%. This is a positive change from Home Depot’s previous quarterly dividend of $2.30. The ex-dividend date is Thursday, March 12th. Home Depot’s payout ratio is currently 65.50%.

Wall Street Analyst Weigh In

Several brokerages recently commented on HD. Argus reduced their price objective on Home Depot from $450.00 to $425.00 and set a “buy” rating for the company in a research report on Thursday, November 20th. Jefferies Financial Group boosted their price target on Home Depot from $424.00 to $454.00 and gave the company a “buy” rating in a research note on Tuesday, February 24th. DA Davidson upped their price target on shares of Home Depot from $407.00 to $445.00 and gave the company a “buy” rating in a research report on Tuesday, February 24th. Oppenheimer dropped their price objective on shares of Home Depot from $420.00 to $405.00 and set a “market perform” rating on the stock in a report on Friday, December 5th. Finally, Gordon Haskett boosted their target price on shares of Home Depot from $330.00 to $370.00 and gave the company a “hold” rating in a research report on Wednesday, February 11th. Twenty equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Home Depot has an average rating of “Moderate Buy” and an average price target of $416.00.

Hedge Funds Weigh In On Home Depot

Hedge funds have recently modified their holdings of the stock. Silphium Asset Management Ltd lifted its holdings in Home Depot by 77.2% in the third quarter. Silphium Asset Management Ltd now owns 13,544 shares of the home improvement retailer’s stock valued at $5,488,000 after acquiring an additional 5,900 shares during the period. West Family Investments Inc. increased its holdings in shares of Home Depot by 65.6% during the 2nd quarter. West Family Investments Inc. now owns 3,630 shares of the home improvement retailer’s stock valued at $1,331,000 after purchasing an additional 1,438 shares in the last quarter. Truist Financial Corp lifted its stake in shares of Home Depot by 0.3% in the 3rd quarter. Truist Financial Corp now owns 1,095,113 shares of the home improvement retailer’s stock valued at $443,729,000 after purchasing an additional 3,608 shares during the period. Asset Management One Co. Ltd. boosted its stake in shares of Home Depot by 2.3% during the 3rd quarter. Asset Management One Co. Ltd. now owns 534,564 shares of the home improvement retailer’s stock worth $216,600,000 after acquiring an additional 12,239 shares in the last quarter. Finally, Atlantic Union Bankshares Corp raised its holdings in Home Depot by 59.9% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 107,438 shares of the home improvement retailer’s stock worth $43,533,000 after purchasing an additional 40,232 shares during the period. Hedge funds and other institutional investors own 70.86% of the company’s stock.

Key Stories Impacting Home Depot

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

• Positive Sentiment: Launched industry-first real-time delivery tracking for big & bulky materials aimed at Pro customers — improves job-site planning, could boost Pro retention and fulfillment efficiency. The Home Depot Boosts Pro Productivity (PR Newswire)
• Positive Sentiment: Company guidance and analyst coverage expect stronger fiscal?2026 second?half comparable-store sales as storm-driven comps ease and recent Pro investments plus SRS/GMS integration begin contributing — supports better H2 revenue trajectory. Why Home Depot Expects Second Half Comps to Outperform First Half (Yahoo)
• Positive Sentiment: Analyst/retail commentary continues to flag Home Depot’s stable cash flows and dividend profile, reinforcing its appeal as a long?term, income-oriented holding despite near?term volatility. Home Depot Is a Classic “Boomer Stock” (Motley Fool)
• Neutral Sentiment: Industry pieces note Home Depot and Lowe’s both investing in AI (Home Depot’s Magic Apron, Pro Xtra) — strategic for customer experience but benefits will play out over time and aren’t an immediate earnings catalyst. Home Depot vs. Lowe’s: Both Retail Giants Are Tapping AI (Motley Fool)
• Negative Sentiment: Insider selling: CFO Richard McPhail sold 2,550 shares (~$940.7K) and reduced his stake by ~5.4% — an event investors often view negatively as a near?term signal even though it may be routine diversification. SEC Filing: Form 4 (Insider Sale)
• Negative Sentiment: Some market commentary (TipRanks) suggests Home Depot’s recent initiatives or small tactical advantages have provided limited lift to the stock — highlighting investor concerns about near?term growth and the stock’s multi?year underperformance vs. the S&P. Unexpected New Advantage Proves Little Help for Home Depot Stock (TipRanks)

Home Depot Company Profile

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.