Insider Selling: Home Depot (NYSE:HD) CFO Sells $2,086,567.60 in Stock

The Home Depot, Inc. (NYSE:HD) CFO Richard Mcphail sold 5,989 shares of the stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $348.40, for a total transaction of $2,086,567.60. Following the sale, the chief financial officer owned 48,104 shares in the company, valued at $16,759,433.60. This represents a 11.07% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Home Depot Price Performance

HD traded up $1.55 during trading on Friday, hitting $336.04. 3,316,758 shares of the stock traded hands, compared to its average volume of 4,394,873. The Home Depot, Inc. has a twelve month low of $289.10 and a twelve month high of $426.75. The company has a market cap of $335.07 billion, a price-to-earnings ratio of 23.52, a PEG ratio of 4.49 and a beta of 0.95. The company has a debt-to-equity ratio of 2.64, a current ratio of 1.08 and a quick ratio of 0.28. The business has a 50 day moving average price of $340.71 and a 200 day moving average price of $340.49.

Home Depot (NYSE:HD) last issued its 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. Home Depot had a return on equity of 106.42% and a net margin of 8.41%.The firm had revenue of $47.86 billion for the quarter, compared to the consensus estimate of $47.24 billion. During the same quarter last year, the business posted $4.68 EPS. The company’s 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. Equities research analysts forecast that The Home Depot, Inc. will post 14.99 earnings per share for the current fiscal year.

Home Depot Dividend Announcement

The firm 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. The ex-dividend date of this dividend is Thursday, September 3rd. This represents a $9.32 annualized dividend and a yield of 2.8%. Home Depot’s dividend payout ratio (DPR) is 65.22%.

Home Depot News Summary

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

• Positive Sentiment: Home Depot declared a quarterly cash dividend of $2.33 per share, payable September 17 to shareholders of record September 3. The dividend represents an annualized yield of approximately 2.8%, supporting the stock’s income appeal. The Home Depot Declares Quarterly Dividend of $2.33
• Positive Sentiment: Analyst sentiment remained broadly favorable: DA Davidson and Guggenheim awarded or reiterated “Buy” ratings, while Argus reaffirmed its Buy rating. These endorsements suggest analysts view Home Depot’s long-term prospects as attractive despite near-term housing pressure.
• Positive Sentiment: Home Depot’s latest quarterly results showed solid execution, with revenue of $47.86 billion and adjusted earnings of $4.92 per share exceeding consensus estimates. Revenue increased 5.7% year over year, providing a fundamental support for the shares.
• Positive Sentiment: The retailer expanded express delivery nationwide from local stores, a move that could make smaller projects more convenient and help capture spending from consumers who are postponing larger renovations. Home Depot offers nationwide express delivery from local stores

Institutional Trading of Home Depot

Hedge funds and other institutional investors have recently made changes to their positions in the company. Safeguard Investment Advisory Group LLC increased its stake in shares of Home Depot by 30.4% in the second quarter. Safeguard Investment Advisory Group LLC now owns 2,210 shares of the home improvement retailer’s stock valued at $779,000 after buying an additional 515 shares during the period. Round Rock Advisors LLC boosted its position in Home Depot by 5.5% during the 2nd quarter. Round Rock Advisors LLC now owns 1,984 shares of the home improvement retailer’s stock worth $700,000 after buying an additional 104 shares during the period. Nykredit A S acquired a new stake in Home Depot during the 2nd quarter worth approximately $115,179,000. InTrack Investment Management Inc bought a new stake in Home Depot during the 2nd quarter worth approximately $207,000. Finally, MBA Advisors LLC increased its position in Home Depot by 9.1% in the 2nd quarter. MBA Advisors LLC now owns 1,807 shares of the home improvement retailer’s stock valued at $637,000 after acquiring an additional 151 shares during the period. 70.86% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on HD. Bank of America initiated coverage on shares of Home Depot in a research note on Tuesday, May 5th. They issued a “buy” rating and a $374.00 price target on the stock. DA Davidson reiterated a “buy” rating and set a $377.00 price objective on shares of Home Depot in a research report on Wednesday. Royal Bank Of Canada dropped their price objective on shares of Home Depot from $343.00 to $342.00 and set a “sector perform” rating for the company in a research note on Wednesday. Robert W. Baird cut their target price 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. Finally, BNP Paribas Exane decreased their target price on shares of Home Depot from $348.00 to $325.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 19th. Eighteen research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $375.54.

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.