Home Depot (NYSE:HD) EVP Teresa Wynn Roseborough Sells 2,872 Shares of Stock

The Home Depot, Inc. (NYSE:HD) EVP Teresa Wynn Roseborough sold 2,872 shares of the firm’s stock in a transaction that occurred on Friday, December 26th. The shares were sold at an average price of $348.52, for a total value of $1,000,949.44. Following the sale, the executive vice president owned 13,196 shares of the company’s stock, valued at approximately $4,599,069.92. This trade represents a 17.87% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Home Depot Stock Performance

Home Depot stock opened at $346.23 on Wednesday. The Home Depot, Inc. has a 52 week low of $326.31 and a 52 week high of $426.75. The company has a current ratio of 1.05, a quick ratio of 0.29 and a debt-to-equity ratio of 3.82. The stock has a market cap of $344.68 billion, a P/E ratio of 23.60, a price-to-earnings-growth ratio of 12.94 and a beta of 1.06. The stock has a 50 day moving average of $359.69 and a 200-day moving average of $377.96.

Home Depot (NYSE:HD) last posted its quarterly earnings results on Tuesday, November 18th. The home improvement retailer reported $3.74 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.83 by ($0.09). Home Depot had a net margin of 8.77% and a return on equity of 160.74%. The company had revenue of $41.35 billion during the quarter, compared to analyst estimates of $41.06 billion. During the same period in the prior year, the company earned $3.78 earnings per share. The company’s revenue was up 2.8% on a year-over-year basis. Home Depot has set its FY 2025 guidance at 14.478-14.478 EPS. On average, analysts expect that The Home Depot, Inc. will post 15.13 EPS for the current fiscal year.

Home Depot Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, December 18th. Stockholders of record on Thursday, December 4th were given a dividend of $2.30 per share. The ex-dividend date of this dividend was Thursday, December 4th. This represents a $9.20 annualized dividend and a dividend yield of 2.7%. Home Depot’s dividend payout ratio (DPR) is presently 62.71%.

Hedge Funds Weigh In On Home Depot

Several institutional investors have recently modified their holdings of HD. Triumph Capital Management bought a new stake in Home Depot in the 3rd quarter valued at about $40,000. PMG Family Office LLC acquired a new stake in shares of Home Depot in the third quarter valued at approximately $301,000. Peterson Wealth Management bought a new stake in shares of Home Depot during the third quarter valued at approximately $608,000. Alternative Investment Advisors LLC. acquired a new position in shares of Home Depot during the third quarter worth approximately $224,000. Finally, Lindenwold Advisors INC grew its holdings in Home Depot by 1.0% in the 3rd quarter. Lindenwold Advisors INC now owns 5,729 shares of the home improvement retailer’s stock worth $2,321,000 after buying an additional 54 shares in the last quarter. Institutional investors own 70.86% of the company’s stock.

Home Depot News Summary

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

• Positive Sentiment: Brokerages give HD a consensus rating of “Moderate Buy,” which supports investor confidence and could help limit downside. Consensus Rating “Moderate Buy”
• Positive Sentiment: Home Depot’s pro-market exposure should strengthen after SRS Distribution’s acquisition of GMS adds roughly $900M in quarterly sales to the pro channel, boosting FY25 outlook and recurring revenue from professional customers. Home Depot Expands Pro Market With GMS and SRS Pairing
• Neutral Sentiment: HD is drawing elevated investor attention and search interest; heightened focus can increase volatility (both buying and selling) around company news and earnings. HD Attracting Investor Attention
• Negative Sentiment: A consumer/ad story has triggered negative press and selling pressure (“You Killed Us” headline), suggesting brand/reputation risk that could affect traffic or sentiment in the near term. TipRanks: Ad Backlash Story
• Negative Sentiment: An EVP (Teresa Wynn Roseborough) disclosed a sale of ~2,872 shares late last week, trimming her stake — insider selling can be interpreted negatively by some investors even if for personal reasons. Insider Sale Filing
• Negative Sentiment: Pomerantz LLP announced an investigation into Home Depot on behalf of investors, signaling potential securities litigation risk that could increase costs, distraction and downside volatility. Pomerantz Investigates

Analyst Ratings Changes

HD has been the topic of a number of research analyst reports. Stifel Nicolaus reduced their target price on Home Depot from $370.00 to $350.00 and set a “hold” rating on the stock in a report on Monday, December 1st. Argus reduced their price objective on Home Depot from $450.00 to $425.00 and set a “buy” rating on the stock in a research note on Thursday, November 20th. Royal Bank Of Canada lowered their target price on shares of Home Depot from $376.00 to $366.00 and set a “sector perform” rating for the company in a research note on Wednesday, December 10th. Wolfe Research raised their price target on shares of Home Depot from $414.00 to $415.00 and gave the stock an “outperform” rating in a research report on Monday, December 22nd. Finally, JPMorgan Chase & Co. decreased their price target on shares of Home Depot from $444.00 to $423.00 and set an “overweight” rating for the company in a report on Wednesday, November 19th. Twenty-one investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, Home Depot has a consensus rating of “Moderate Buy” and an average target price of $402.10.

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.