Home Depot (NYSE:HD) Posts Earnings Results, Misses Estimates By $0.10 EPS

Home Depot (NYSE:HD) posted its quarterly earnings data on Tuesday. The home improvement retailer reported $3.74 earnings per share for the quarter, missing analysts’ consensus estimates of $3.84 by ($0.10), FiscalAI reports. Home Depot had a return on equity of 193.99% and a net margin of 8.86%.The business had revenue of $41.35 billion during the quarter, compared to analyst estimates of $41.06 billion. Home Depot updated its FY 2025 guidance to 14.478-14.478 EPS.

Home Depot Stock Performance

NYSE:HD opened at $358.31 on Tuesday. The company has a market cap of $356.66 billion, a P/E ratio of 24.34, a P/E/G ratio of 3.59 and a beta of 1.00. Home Depot has a twelve month low of $326.31 and a twelve month high of $439.37. The company’s 50-day moving average price is $391.91 and its 200-day moving average price is $382.00. The company has a current ratio of 1.15, a quick ratio of 0.34 and a debt-to-equity ratio of 4.31.

Home Depot Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 18th. Stockholders of record on Thursday, September 4th were issued a dividend of $2.30 per share. The ex-dividend date of this dividend was Thursday, September 4th. This represents a $9.20 dividend on an annualized basis and a dividend yield of 2.6%. Home Depot’s dividend payout ratio is presently 62.50%.

Analyst Upgrades and Downgrades

Several research firms have weighed in on HD. Gordon Haskett dropped their target price on shares of Home Depot from $400.00 to $345.00 in a research report on Monday, November 10th. Sanford C. Bernstein increased their price target on shares of Home Depot from $403.00 to $406.00 and gave the stock a “market perform” rating in a report on Friday, November 7th. Wolfe Research initiated coverage on shares of Home Depot in a research report on Thursday, September 18th. They set an “outperform” rating and a $497.00 price target for the company. Oppenheimer upped their price objective on shares of Home Depot from $400.00 to $420.00 and gave the company a “market perform” rating in a report on Thursday, September 25th. Finally, Robert W. Baird raised their target price on shares of Home Depot from $425.00 to $450.00 and gave the stock an “outperform” rating in a report on Wednesday, August 20th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $429.33.

Insiders Place Their Bets

In related news, EVP Angie Brown sold 1,000 shares of the company’s stock in a transaction dated Wednesday, August 20th. The shares were sold at an average price of $404.07, for a total value of $404,070.00. Following the completion of the sale, the executive vice president owned 3,837 shares of the company’s stock, valued at approximately $1,550,416.59. This represents a 20.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Teresa Wynn Roseborough sold 5,483 shares of the stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $413.23, for a total transaction of $2,265,740.09. Following the completion of the sale, the executive vice president directly owned 16,057 shares of the company’s stock, valued at approximately $6,635,234.11. This trade represents a 25.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 48,835 shares of company stock worth $19,623,432. 0.10% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. WealthCollab LLC increased its stake in shares of Home Depot by 4.1% during the second quarter. WealthCollab LLC now owns 730 shares of the home improvement retailer’s stock worth $268,000 after buying an additional 29 shares during the period. Puff Wealth Management LLC lifted its position in shares of Home Depot by 3.8% during the 2nd quarter. Puff Wealth Management LLC now owns 821 shares of the home improvement retailer’s stock worth $301,000 after buying an additional 30 shares during the last quarter. Wills Financial Group LLC boosted its holdings in shares of Home Depot by 1.9% in the 3rd quarter. Wills Financial Group LLC now owns 1,669 shares of the home improvement retailer’s stock valued at $676,000 after buying an additional 31 shares in the last quarter. Binnacle Investments Inc grew its position in shares of Home Depot by 28.8% in the 2nd quarter. Binnacle Investments Inc now owns 143 shares of the home improvement retailer’s stock valued at $52,000 after buying an additional 32 shares during the last quarter. Finally, Brogan Financial Inc. raised its stake in Home Depot by 2.3% during the 3rd quarter. Brogan Financial Inc. now owns 1,427 shares of the home improvement retailer’s stock worth $578,000 after acquiring an additional 32 shares in the last quarter. 70.86% of the stock is currently owned by hedge funds and other institutional investors.

About Home Depot

The Home Depot, Inc operates as a home improvement retailer in the United States and internationally. It sells various building materials, home improvement products, lawn and garden products, and décor products, as well as facilities maintenance, repair, and operations products. The company also offers installation services for flooring, water heaters, bath, garage doors, cabinets, cabinet makeovers, countertops, sheds, furnaces and central air systems, and windows.