Home Depot (HD) News Today

The Home Depot, Inc. (NYSE:HD) shares are trading higher midday as investors weigh a blend of insider transactions, analyst revisions, and corporate news.

• Positive Sentiment: Board of Directors declared a quarterly cash dividend of $2.30 per share, payable September 18 to holders of record on September 4, implying a 2.2% yield. Dividend Announcement
• Positive Sentiment: Robert W. Baird raised its price objective on HD from $425.00 to $450.00 and reiterated an “outperform” rating. Baird Forecast
• Neutral Sentiment: Home Depot beat revenue expectations but missed its same-store sales forecast for Q2, suggesting stable top-line growth with some softness in customer traffic. Revenue vs. Forecast
• Neutral Sentiment: Updated FY 2025 guidance: EPS outlook maintained at 14.94, slightly below consensus, and revenue guidance trimmed to $164.0B from $164.3B. Guidance Update
• Negative Sentiment: Senior executives—including CEO Edward P. Decker, EVP Angie Brown and CFO Richard V. McPhail—sold a combined ~37,000 shares for roughly $14 million, trimming their stakes. Insider Sales Filing
• Negative Sentiment: JPMorgan Chase cut its price target on HD from $460.00 to $452.00, despite maintaining an “overweight” rating. JPMorgan Target Cut
• Negative Sentiment: Management flagged potential headwinds from tariffs and noted modest in-store price hikes as customer behavior shifts under higher duties. Tariff Impact Warning