Home Depot (NYSE:HD) EVP Teresa Wynn Roseborough Sells 2,455 Shares of Stock

The Home Depot, Inc. (NYSE:HD) EVP Teresa Wynn Roseborough sold 2,455 shares of the firm’s stock in a transaction dated Friday, August 28th. The shares were sold at an average price of $328.77, for a total transaction of $807,130.35. Following the transaction, the executive vice president directly owned 14,061 shares in the company, valued at approximately $4,622,834.97. The trade was a 14.86% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Home Depot Stock Performance

Shares of NYSE HD opened at $328.52 on Tuesday. The Home Depot, Inc. has a 1 year low of $289.10 and a 1 year high of $426.75. The firm has a market cap of $327.76 billion, a P/E ratio of 22.99, a PEG ratio of 3.64 and a beta of 0.95. The stock has a fifty day moving average price of $341.00 and a two-hundred day moving average price of $338.03. 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 announced its quarterly earnings data on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.73 by $0.19. The company had revenue of $47.86 billion for the quarter, compared to analysts’ expectations of $47.24 billion. Home Depot had a net margin of 8.41% and a return on equity of 106.42%. The business’s revenue was up 5.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $4.68 EPS. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. Research analysts forecast that The Home Depot, Inc. will post 15 EPS for the current fiscal year.

Home Depot Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd will be given a $2.33 dividend. This represents a $9.32 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend is Thursday, September 3rd. Home Depot’s dividend payout ratio (DPR) is 65.22%.

Institutional Trading of Home Depot

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in HD. Parvin Asset Management LLC boosted 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 acquiring an additional 33 shares during the period. Zeit Capital LLC bought a new position in Home Depot during the second quarter worth $26,000. Advocate Investing Services LLC bought a new position in Home Depot during the fourth quarter worth $25,000. Cache Advisors LLC acquired a new position in Home Depot during the 1st quarter valued at $27,000. Finally, Imprint Wealth LLC acquired a new position in Home Depot during the 3rd quarter valued at $34,000. Institutional investors and hedge funds own 70.86% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on HD. DA Davidson reiterated a “buy” rating and issued a $377.00 price objective on shares of Home Depot in a research note on Wednesday, August 19th. Bank of America started coverage on shares of Home Depot in a report on Tuesday, May 5th. They set a “buy” rating and a $374.00 price target on the stock. Wells Fargo & Company upped their price target 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. Wolfe Research lowered Home Depot from an “outperform” rating to a “peer perform” rating in a report on Tuesday, June 23rd. Finally, Jefferies Financial Group reissued a “buy” rating and set a $398.00 price objective on shares of Home Depot in a research report on Tuesday, August 18th. 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 company. According to data from MarketBeat.com, Home Depot presently has a consensus 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.