Representative Josh Gottheimer (D-New Jersey) recently sold shares of The Home Depot, Inc. NYSE: HD. In a filing disclosed on March 06th, the Representative disclosed that they had sold between $1,001 and $15,000 in Home Depot stock on February 24th. The trade occurred in the Representative's "MORGAN STANLEY - SELECT UMA ACCOUNT # 1" account.
Representative Josh Gottheimer also recently made the following trade(s):
- Sold $1,001 - $15,000 in shares of The Goldman Sachs Group NYSE: GS on 2/28/2025.
- Purchased $1,001 - $15,000 in shares of Visa NYSE: V on 2/28/2025.
- Sold $1,001 - $15,000 in shares of Block NYSE: XYZ on 2/27/2025.
- Sold $1,001 - $15,000 in shares of KKR & Co. Inc. NYSE: KKR on 2/27/2025.
- Sold $1,001 - $15,000 in shares of Blackstone NYSE: BX on 2/27/2025.
- Sold $1,001 - $15,000 in shares of Paragon 28 NYSE: FNA on 2/27/2025.
- Sold $1,001 - $15,000 in shares of KKR & Co. Inc. NYSE: KKR on 2/26/2025.
- Purchased $1,001 - $15,000 in shares of Fiserv NYSE: FI on 2/26/2025.
- Sold $1,001 - $15,000 in shares of Blackstone NYSE: BX on 2/26/2025.
- Sold $1,001 - $15,000 in shares of Vertiv NYSE: VRT on 2/25/2025.
Home Depot Trading Down 1.3 %
HD traded down $5.08 during midday trading on Friday, hitting $376.66. 4,572,916 shares of the company were exchanged, compared to its average volume of 3,351,697. The firm has a market capitalization of $374.16 billion, a P/E ratio of 25.59, a P/E/G ratio of 4.03 and a beta of 1.09. The firm's 50 day moving average price is $400.21 and its 200-day moving average price is $399.81. 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 Home Depot, Inc. has a 1-year low of $323.77 and a 1-year high of $439.37.
Home Depot (NYSE:HD - Get Free Report) last released its quarterly earnings results on Tuesday, February 25th. The home improvement retailer reported $3.13 earnings per share (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 last year, the business earned $2.82 EPS. The company's revenue was up 14.1% compared to the same quarter last year. As a group, equities analysts forecast that The Home Depot, Inc. will post 15.13 EPS for the current fiscal year.
Home Depot Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 13th will be issued a $2.30 dividend. This represents a $9.20 dividend on an annualized basis and a yield of 2.44%. This is an increase from Home Depot's previous quarterly dividend of $2.25. The ex-dividend date of this dividend is Thursday, March 13th. Home Depot's dividend payout ratio is presently 61.66%.
Hedge Funds Weigh In On Home Depot
Several large investors have recently modified their holdings of the business. Synergy Asset Management LLC bought a new stake in Home Depot during the 4th quarter valued at $26,000. Wingate Wealth Advisors Inc. purchased a new stake in Home Depot during the 4th quarter worth about $28,000. Navigoe LLC bought a new position in Home Depot in the 4th quarter worth about $29,000. Bradley & Co. Private Wealth Management LLC purchased a new position in Home Depot during the 4th quarter valued at about $32,000. Finally, Quarry LP increased its position in shares of Home Depot by 220.0% during the fourth quarter. Quarry LP now owns 96 shares of the home improvement retailer's stock valued at $37,000 after buying an additional 66 shares during the period. Hedge funds and other institutional investors own 70.86% of the company's stock.
Wall Street Analysts Forecast Growth
Several research firms have recently weighed in on HD. Stifel Nicolaus lifted their price objective on Home Depot from $375.00 to $400.00 and gave the stock a "hold" rating in a research report on Monday, November 11th. Royal Bank of Canada dropped their price target on Home Depot from $431.00 to $424.00 and set a "sector perform" rating on the stock in a research note on Wednesday, February 26th. Evercore ISI lifted their price objective on shares of Home Depot from $420.00 to $430.00 and gave the company an "outperform" rating in a research note on Wednesday, November 13th. HSBC upgraded shares of Home Depot from a "reduce" rating to a "hold" rating and raised their price target for the stock from $356.00 to $410.00 in a report on Wednesday, February 26th. Finally, KGI Securities raised shares of Home Depot to a "strong-buy" rating in a research report on Monday, March 3rd. Nine investment analysts have rated the stock with a hold rating, twenty-two have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, Home Depot has a consensus rating of "Moderate Buy" and an average target price of $436.50.
Check Out Our Latest Analysis on HD
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
(
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.
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