Rep. Josh Gottheimer Sells The Home Depot, Inc. (NYSE:HD) Stock

Representative Josh Gottheimer (D-New Jersey) recently sold shares of The Home Depot, Inc. NYSE: HD. In a filing disclosed on April 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in Home Depot stock on March 19th. The trade occurred in the Representative's "MORGAN STANLEY - SELECT UMA ACCOUNT # 1" account.

Representative Josh Gottheimer also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Visa NYSE: V on 3/24/2025.
• Sold $1,001 - $15,000 in shares of Spotify Technology NYSE: SPOT on 3/24/2025.
• Sold $1,001 - $15,000 in shares of Flywire NASDAQ: FLYW on 3/19/2025.
• Sold $1,001 - $15,000 in shares of Disco OTCMKTS: DSCSY on 3/19/2025.
• Sold $1,001 - $15,000 in shares of Snowflake NYSE: SNOW on 3/19/2025.
• Sold $1,001 - $15,000 in shares of Diageo NYSE: DEO on 3/19/2025.
• Sold $1,001 - $15,000 in shares of Shopify NYSE: SHOP on 3/19/2025.
• Sold $1,001 - $15,000 in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk NYSE: TLK on 3/19/2025.
• Sold $1,001 - $15,000 in shares of ServiceNow NYSE: NOW on 3/19/2025.
• Sold $1,001 - $15,000 in shares of Tandem Diabetes Care NASDAQ: TNDM on 3/19/2025.

Home Depot Stock Up 2.6 %

Shares of NYSE HD traded up $8.86 during mid-day trading on Thursday, reaching $354.85. 3,231,380 shares of the company were exchanged, compared to its average volume of 3,470,132. The firm has a 50-day moving average of $370.53 and a 200 day moving average of $394.69. The Home Depot, Inc. has a 1 year low of $323.77 and a 1 year high of $439.37. The company has a quick ratio of 0.31, a current ratio of 1.13 and a debt-to-equity ratio of 8.65. The stock has a market cap of $352.73 billion, a price-to-earnings ratio of 24.11, a P/E/G ratio of 4.03 and a beta of 1.09.

Home Depot (NYSE:HD - Get Free Report) last posted its quarterly earnings data on Tuesday, February 25th. The home improvement retailer reported $3.13 EPS for the quarter, topping the consensus estimate of $3.04 by $0.09. Home Depot had a net margin of 9.45% and a return on equity of 452.60%. The firm had revenue of $39.70 billion during the quarter, compared to analyst estimates of $39.15 billion. During the same quarter in the previous year, the business posted $2.82 EPS. Home Depot's revenue was up 14.1% on a year-over-year basis. On average, 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 announced a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th were given a dividend of $2.30 per share. This represents a $9.20 annualized dividend and a yield of 2.59%. The ex-dividend date was Thursday, March 13th. This is a boost from Home Depot's previous quarterly dividend of $2.25. Home Depot's dividend payout ratio (DPR) is 61.66%.

Institutional Trading of Home Depot

Several institutional investors have recently modified their holdings of HD. Synergy Asset Management LLC purchased a new position in Home Depot in the 4th quarter valued at about $26,000. Wingate Wealth Advisors Inc. purchased a new stake in Home Depot during the 4th quarter worth approximately $28,000. Navigoe LLC acquired a new position in shares of Home Depot during the fourth quarter valued at approximately $29,000. Bradley & Co. Private Wealth Management LLC purchased a new position in shares of Home Depot in the fourth quarter valued at approximately $32,000. Finally, Quarry LP boosted its stake in shares of Home Depot by 220.0% in the fourth quarter. Quarry LP now owns 96 shares of the home improvement retailer's stock worth $37,000 after acquiring an additional 66 shares during the last quarter. Institutional investors and hedge funds own 70.86% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on HD shares. HSBC upgraded Home Depot from a "reduce" rating to a "hold" rating and increased their price target for the company from $356.00 to $410.00 in a research note on Wednesday, February 26th. Robert W. Baird cut their price target on shares of Home Depot from $440.00 to $430.00 and set an "outperform" rating on the stock in a research note on Wednesday, February 26th. Hsbc Global Res raised shares of Home Depot from a "moderate sell" rating to a "hold" rating in a report on Wednesday, February 26th. Guggenheim restated a "buy" rating and issued a $450.00 target price on shares of Home Depot in a research note on Wednesday, February 26th. Finally, Wedbush reiterated an "outperform" rating and set a $440.00 price target on shares of Home Depot in a research note on Wednesday, February 26th. Ten analysts have rated the stock with a hold rating, twenty have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $434.08.

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey's 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027. Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey's 5th Congressional District. He declared candidacy for the 2026 election. Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025. Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

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.