Representative George Whitesides (D-California) recently sold shares of The Home Depot, Inc. NYSE: HD. In a filing disclosed on April 23rd, the Representative disclosed that they had sold between $100,001 and $250,000 in Home Depot stock on March 24th. The trade occurred in the Representative's "GEORGE WHITESIDES INDIVIDUAL" account.
Representative George Whitesides also recently made the following trade(s):
- Sold $100,001 - $250,000 in shares of Netflix NASDAQ: NFLX on 3/27/2025.
- Sold $250,001 - $500,000 in shares of Innoviva NASDAQ: INVA on 3/25/2025.
- Sold $100,001 - $250,000 in shares of Linde NASDAQ: LIN on 3/24/2025.
- Sold $100,001 - $250,000 in shares of Procter & Gamble NYSE: PG on 3/24/2025.
- Sold $1,001 - $15,000 in shares of Sandoz Group OTCMKTS: SDZNY on 3/24/2025.
- Sold $15,001 - $50,000 in shares of American Electric Power NASDAQ: AEP on 3/24/2025.
- Sold $50,001 - $100,000 in shares of Medtronic NYSE: MDT on 3/24/2025.
- Sold $100,001 - $250,000 in shares of McDonald's NYSE: MCD on 3/24/2025.
- Sold $15,001 - $50,000 in shares of Bank of America NYSE: BAC on 3/24/2025.
- Sold $15,001 - $50,000 in shares of Diageo NYSE: DEO on 3/24/2025.
Home Depot Stock Up 0.6 %
NYSE HD traded up $2.13 during trading hours on Tuesday, hitting $359.05. The company's stock had a trading volume of 2,836,868 shares, compared to its average volume of 3,461,698. The Home Depot, Inc. has a 52 week low of $323.77 and a 52 week high of $439.37. The company has a market capitalization of $356.91 billion, a PE ratio of 24.39, a price-to-earnings-growth ratio of 4.03 and a beta of 1.09. The company has a current ratio of 1.13, a quick ratio of 0.31 and a debt-to-equity ratio of 8.65. The company's 50-day simple moving average is $362.50 and its two-hundred day simple moving average is $391.50.
Home Depot (NYSE:HD - Get Free Report) last posted its earnings results 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 for the quarter, compared to analysts' expectations of $39.15 billion. During the same quarter last year, the firm earned $2.82 EPS. The company's quarterly revenue was up 14.1% compared to the same quarter last year. Research analysts anticipate that The Home Depot, Inc. will post 15.13 EPS for the current fiscal year.
Home Depot Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th were paid a $2.30 dividend. The ex-dividend date of this dividend was Thursday, March 13th. This is an increase from Home Depot's previous quarterly dividend of $2.25. This represents a $9.20 annualized dividend and a dividend yield of 2.56%. Home Depot's dividend payout ratio (DPR) is currently 61.66%.
Hedge Funds Weigh In On Home Depot
A number of large investors have recently bought and sold shares of the stock. Vanguard Group Inc. increased its stake in Home Depot by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 95,763,752 shares of the home improvement retailer's stock worth $37,251,142,000 after purchasing an additional 875,836 shares during the period. Geode Capital Management LLC increased its stake in shares of Home Depot by 1.2% during the fourth quarter. Geode Capital Management LLC now owns 21,957,463 shares of the home improvement retailer's stock valued at $8,525,046,000 after buying an additional 257,036 shares during the period. Asset Planning Services Inc. LA ADV increased its stake in shares of Home Depot by 99,400.7% during the first quarter. Asset Planning Services Inc. LA ADV now owns 18,975,772 shares of the home improvement retailer's stock valued at $6,954,431,000 after buying an additional 18,956,701 shares during the period. Norges Bank purchased a new position in shares of Home Depot during the fourth quarter valued at approximately $5,032,910,000. Finally, Capital Research Global Investors increased its stake in shares of Home Depot by 5.5% during the fourth quarter. Capital Research Global Investors now owns 12,455,582 shares of the home improvement retailer's stock valued at $4,845,098,000 after buying an additional 647,552 shares during the period. 70.86% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of research firms recently commented on HD. Truist Financial lowered their price target on shares of Home Depot from $437.00 to $391.00 and set a "buy" rating on the stock in a report on Tuesday, April 8th. Hsbc Global Res raised Home Depot from a "moderate sell" rating to a "hold" rating in a report on Wednesday, February 26th. KGI Securities raised Home Depot to a "strong-buy" rating in a report on Monday, March 3rd. Telsey Advisory Group reissued an "outperform" rating and set a $455.00 price objective on shares of Home Depot in a report on Wednesday, February 26th. Finally, Royal Bank of Canada dropped their price objective on Home Depot from $431.00 to $424.00 and set a "sector perform" rating on the stock in a report on Wednesday, February 26th. Ten equities research 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. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $434.08.
Check Out Our Latest Analysis on Home Depot
About Representative Whitesides
George Whitesides (Democratic Party) is a member of the U.S. House, representing California's 27th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Whitesides (Democratic Party) ran for election to the U.S. House to represent California's 27th Congressional District. He won in the general election on November 5, 2024.
George Whitesides earned a bachelor's degree in public and international affairs from Princeton University in 1996 and a master's degree in remote sensing and GIS from the University of Cambridge in 2000. His career experience includes working as the chief of staff for NASA during the administration of President Barack Obama (D) and the CEO of human spaceflight company Virgin Galactic. Whitesides co-founded Megafire Action, an organization dedicated to responding to wildfires. Whitesides co-chaired the Antelope Valley Covid-19 Task Force and joined the Antelope Valley Economic Development and Growth Enterprise (AV EDGE) as a board member.
Home Depot Company Profile
(
Get Free Report)
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.
Further Reading
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