Insider Selling: Home Depot (NYSE:HD) EVP Sells $239,099.60 in Stock

Key Points

• Home Depot EVP Michael Rowe sold 710 shares for approximately $239,100, reducing his ownership by 9.41% to 6,838 shares.
• Shares fell 1.8% to $328.80, while the company’s latest quarterly results exceeded expectations: EPS came in at $4.92 versus $4.73 expected, and revenue rose 5.7% year over year to $47.86 billion.
• Home Depot declared a quarterly dividend of $2.33 per share, equivalent to a 2.8% yield, but analysts noted that a $685 million tariff refund boosted earnings and may not recur.

The Home Depot, Inc. (NYSE:HD - Get Free Report) EVP Michael Rowe sold 710 shares of the stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $336.76, for a total value of $239,099.60. Following the transaction, the executive vice president owned 6,838 shares of the company's stock, valued at approximately $2,302,764.88. This represents a 9.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

Home Depot Trading Down 1.8%

NYSE HD traded down $6.05 during trading hours on Thursday, reaching $328.80. The company had a trading volume of 3,085,039 shares, compared to its average volume of 4,367,462. The Home Depot, Inc. has a 1-year low of $289.10 and a 1-year high of $426.75. The stock has a market capitalization of $327.86 billion, a P/E ratio of 23.01, a price-to-earnings-growth ratio of 3.72 and a beta of 0.95. The stock has a 50-day moving average of $341.18 and a 200 day moving average of $339.21. The company has a current ratio of 1.08, a quick ratio of 0.31 and a debt-to-equity ratio of 2.64.

Home Depot (NYSE:HD - Get Free Report) last released its quarterly earnings results on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.73 by $0.19. The business had revenue of $47.86 billion for the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same period in the previous year, the firm earned $4.68 EPS. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. As a group, research analysts anticipate that The Home Depot, Inc. will post 14.99 earnings per share for the current fiscal year.

Home Depot Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Thursday, September 3rd will be paid a dividend of $2.33 per share. This represents a $9.32 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date is Thursday, September 3rd. Home Depot's dividend payout ratio is 65.22%.

Trending Headlines about Home Depot

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

• Positive Sentiment: AI expansion could improve the shopping experience. Home Depot is rolling out localized capabilities for its Magic Apron AI assistant across all U.S. stores. The tool can help customers and associates locate products, answer store-specific questions, provide project guidance, accept image uploads and support multiple languages. The initiative could improve service efficiency and customer conversion over time. The Home Depot Expands Magic Apron to Deliver Personalized and Localized In-Store Guidance
• Positive Sentiment: Recent earnings beat expectations. Fiscal second-quarter revenue rose 5.7% year over year to $47.86 billion, while adjusted diluted EPS of $4.92 exceeded the $4.73 consensus estimate. The results and analyst optimism support the view that a Home Depot turnaround could be stronger than currently reflected in the valuation. Home Depot Q2 Earnings and Tariff Refund Analysis
• Positive Sentiment: Income-focused investors retain a reason to hold the stock. Commentary highlighted Home Depot’s 17-year dividend-growth streak, offering shareholders income while waiting for housing and remodeling conditions to improve. Home Depot’s Dividend Streak
• Neutral Sentiment: Housing demand remains the key swing factor. A comparison with Lowe’s indicated that both retailers are operating in a frozen housing market, although their second-quarter results and strategies are diverging. This leaves Home Depot exposed to a slower recovery in big-ticket projects and home turnover. Home Depot Versus Lowe’s Housing Recovery Analysis
• Negative Sentiment: The earnings beat included a significant tariff refund. A $685 million refund helped the quarter, but it may not be recurring and therefore limits how much investors can extrapolate from the reported results. The article also cautioned that the quarter did not establish a broad home-improvement recovery. Home Depot Q2 Earnings and Tariff Refund Analysis

Institutional Trading of Home Depot

Several institutional investors have recently modified their holdings of HD. Tucker Asset Management LLC raised its stake in Home Depot by 6.9% during the 2nd quarter. Tucker Asset Management LLC now owns 1,915 shares of the home improvement retailer's stock worth $675,000 after acquiring an additional 124 shares in the last quarter. Principia Wealth Advisory LLC lifted its position in Home Depot by 60.4% in the second quarter. Principia Wealth Advisory LLC now owns 85 shares of the home improvement retailer's stock valued at $30,000 after acquiring an additional 32 shares during the last quarter. Amundi boosted its stake in Home Depot by 26.4% in the second quarter. Amundi now owns 7,339,614 shares of the home improvement retailer's stock valued at $2,588,535,000 after acquiring an additional 1,533,276 shares in the last quarter. Wellington Grp LLC grew its holdings in shares of Home Depot by 60.9% during the second quarter. Wellington Grp LLC now owns 2,781 shares of the home improvement retailer's stock worth $981,000 after purchasing an additional 1,053 shares during the last quarter. Finally, Brown Financial Advisors grew its holdings in shares of Home Depot by 11.7% during the second quarter. Brown Financial Advisors now owns 1,321 shares of the home improvement retailer's stock worth $466,000 after purchasing an additional 138 shares during the last quarter. Hedge funds and other institutional investors own 70.86% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have recently commented on HD shares. Weiss Ratings raised shares of Home Depot from a "hold (c-)" rating to a "hold (c)" rating in a research note on Tuesday, July 7th. Morgan Stanley cut their target price on shares of Home Depot from $420.00 to $400.00 and set an "overweight" rating on the stock in a research note on Wednesday, May 20th. Wells Fargo & Company increased their target price on shares of Home Depot from $360.00 to $400.00 and gave the stock an "overweight" rating in a report on Tuesday, August 11th. HSBC decreased their price target on shares of Home Depot from $392.00 to $310.00 and set a "hold" rating for the company in a research report on Wednesday, May 20th. Finally, The Goldman Sachs Group decreased their target price on Home Depot from $409.00 to $390.00 and set a "buy" rating for the company in a report on Wednesday, May 20th. Eighteen 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, Home Depot currently has a consensus rating of "Moderate Buy" and a consensus target price of $375.54.

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.

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