Track market-moving stories before they get noisy

Key Takeaways Home Depot is expanding fulfillment to speed deliveries, improve availability and reduce customer friction.More than 65% of in-stock parcels arrived same or next day, while Express Delivery offers three-hour service.Big-and-bulky lead times fell about 45%, while next-day appliance coverage reaches nearly 60% of people. The Home Depot, Inc. (HD - Free Report) is strengthening its supply-chain and fulfillment capabilities as it looks to make product delivery faster and more convenient for customers. The company’s investments are increasingly connecting stores, distribution assets and technology, supporting a more efficient interconnected shopping experience.

In the second quarter of fiscal 2026, more than 65% of in-stock parcel deliveries were completed the same day or the next day. Home Depot also launched nationwide Express Delivery, allowing customers to receive tens of thousands of products within three hours. Management noted that the majority of these express orders are currently being delivered in less than one hour.

The company is also improving fulfillment for big and bulky merchandise. Over the past 18 months, delivery lead times for these products have declined roughly 45% in the United States. About 55% of stocked big-and-bulky deliveries are now reaching customers within two days, with faster delivery contributing to improved conversion.

Appliances represent another area of supply-chain expansion. Home Depot has adjusted its model to address rising demand for urgent replacement purchases, stocking select appliances for next-day delivery. This capability now covers key SKUs for nearly 60% of the population, and management said that markets offering the service are generating positive sales performance.

These initiatives suggest that Home Depot is using its broader fulfillment network to reduce delivery times, improve product availability and remove friction. Continued optimization across stores, supply-chain assets and technology could further improve operating efficiency while supporting stronger customer engagement.

How Are Peers Like LOW & FND Managing Supply Chain?Peers like Lowe’s Companies Inc. (LOW - Free Report) and Floor & Decor Holdings, Inc. (FND - Free Report) are also sharpening their supply-chain strategies to improve product availability, accelerate fulfillment and better manage costs across their operations.

Lowe’s is expanding its fulfillment and supply-chain capabilities to improve speed, availability and store productivity. The retailer offers next-day delivery and installation on major appliances in virtually every U.S. ZIP code, while same-day fulfillment continues to gain traction. Lowe’s is also rolling out Freight Flow 3.0 and Full Shelf Replenishment to improve in-stocks, inventory accuracy and truck-to-shelf flow, supporting labor productivity, customer service and a more efficient omnichannel network overall.

Floor & Decor is advancing supply-chain efficiency through tighter inventory management and operational discipline. In the first half of 2026, total inventory inched up 0.7% to $1.1 billion, reflecting progress on working-capital and inventory-productivity initiatives. Management also noted that trucking capacity remains adequate despite higher domestic freight rates. These efforts could help FND improve product flow, contain costs and support scalable growth as it expands stores and omnichannel capabilities.

HD’s Price Performance, Valuation & EstimatesShares of Home Depot have lost 23.5% in the past year versus the industry’s decline of 29.4%.

Image Source: Zacks Investment Research

From a valuation standpoint, HD trades at a forward price-to-earnings ratio of 20.55X compared with the industry’s average of 18.71X.

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for HD’s fiscal 2026 and fiscal 2027 earnings per share (EPS) implies year-over-year growth of 2.1% and 6.9%, respectively. The company’s EPS estimate for fiscal 2026 has been unchanged in the past 30 days. Meanwhile, the consensus estimate for fiscal 2027 EPS has moved down by a penny in the past seven days.

Image Source: Zacks Investment Research

Home Depot currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Beacon Pointe Advisors LLC acquired a new stake in The Home Depot, Inc. (NYSE:HD – Free Report) during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 139,098 shares of the home improvement retailer’s stock, valued at approximately $49,057,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in HD. Advocate Investing Services LLC acquired a new position in Home Depot in the 4th quarter worth about $25,000. Zeit Capital LLC acquired a new position in Home Depot in the second quarter worth approximately $26,000. Parvin Asset Management LLC raised its position in Home Depot by 110.0% during the third quarter. Parvin Asset Management LLC now owns 63 shares of the home improvement retailer’s stock valued at $26,000 after acquiring an additional 33 shares in the last quarter. Cache Advisors LLC bought a new stake in Home Depot in the first quarter worth approximately $27,000. Finally, Merkkuri Wealth Advisors LLC bought a new stake in Home Depot in the first quarter worth approximately $28,000. Hedge funds and other institutional investors own 70.86% of the company’s stock.

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

Positive Sentiment: Home Depot’s AI-powered Magic Apron tools are now available across U.S. stores, providing localized product search and project assistance. The technology could improve customer engagement and support the company’s professional-customer growth strategy. Home Depot Could Be 15% Undervalued On Its Pro Growth Narrative Positive Sentiment: Zacks Research modestly raised its fiscal 2027 EPS forecast for HD to $15.03 from $14.95, while analysts continue to project earnings growth through fiscal 2029. The company also recently exceeded quarterly EPS and revenue expectations, offering some fundamental support. Home Depot Faces Weak DIY Demand Positive Sentiment: A regional competitor, Earl May, reportedly plans to close roughly one-quarter of its stores. While the impact is likely limited, store closures could reduce competition in some local markets. Earl May Closing Stores Analysts Set New Price Targets HD has been the topic of several analyst reports. Jefferies Financial Group restated a “buy” rating and set a $398.00 price target on shares of Home Depot in a research note on Tuesday, August 18th. BNP Paribas Exane cut their target price on Home Depot from $348.00 to $325.00 and set a “neutral” rating on the stock in a report on Tuesday, May 19th. Citigroup decreased their target price on Home Depot from $450.00 to $400.00 and set a “buy” rating for the company in a research report on Tuesday, May 12th. Stifel Nicolaus lifted their target price on shares of Home Depot from $320.00 to $340.00 and gave the stock a “hold” rating in a report on Monday, August 17th. Finally, TD Cowen reissued a “buy” rating on shares of Home Depot in a research report on Monday, August 10th. Eighteen equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $375.54. Check Out Our Latest Research Report on HD

Home Depot Price Performance Home Depot stock opened at $318.63 on Thursday. The company has a debt-to-equity ratio of 2.64, a current ratio of 1.08 and a quick ratio of 0.31. The business has a 50 day simple moving average of $340.43 and a 200 day simple moving average of $337.03. The Home Depot, Inc. has a one year low of $289.10 and a one year high of $426.75. The company has a market capitalization of $317.89 billion, a PE ratio of 22.30, a price-to-earnings-growth ratio of 3.52 and a beta of 0.95.

Home Depot (NYSE:HD – Get Free Report) last issued its quarterly earnings data 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. Home Depot had a return on equity of 106.42% and a net margin of 8.41%.The company had revenue of $47.86 billion during the quarter, compared to analysts’ expectations of $47.24 billion. During the same period last year, the business earned $4.68 earnings per share. The business’s revenue was up 5.7% on a year-over-year basis. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. On average, sell-side analysts forecast that The Home Depot, Inc. will post 15 EPS for the current fiscal year.

Home Depot Dividend Announcement The company also recently disclosed 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 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend is Thursday, September 3rd. Home Depot’s dividend payout ratio is currently 65.22%.

Insiders Place Their Bets In other news, EVP Teresa Wynn Roseborough sold 2,455 shares of the business’s stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $328.77, for a total value of $807,130.35. Following the transaction, the executive vice president directly owned 14,061 shares of the company’s stock, valued at $4,622,834.97. The trade was a 14.86% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Michael F. Rowe sold 710 shares of the business’s stock in a transaction that occurred 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 completion of the transaction, the executive vice president directly owned 6,838 shares in the company, valued at $2,302,764.88. The trade was a 9.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 9,154 shares of company stock valued at $3,132,798. 0.08% of the stock is currently owned by insiders.

Home Depot Company Profile (Free Report)

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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Canada Pension Plan Investment Board acquired a new stake in shares of The Home Depot, Inc. (NYSE:HD – Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 2,065,632 shares of the home improvement retailer’s stock, valued at approximately $728,507,000. Canada Pension Plan Investment Board owned about 0.21% of Home Depot as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in HD. Curio Wealth LLC lifted its holdings in shares of Home Depot by 13.5% during the fourth quarter. Curio Wealth LLC now owns 218 shares of the home improvement retailer’s stock worth $76,000 after purchasing an additional 26 shares during the period. Moneco Advisors LLC increased its stake in Home Depot by 0.3% in the 4th quarter. Moneco Advisors LLC now owns 8,743 shares of the home improvement retailer’s stock valued at $3,008,000 after buying an additional 27 shares during the period. Noesis Capital Mangement Corp raised its position in Home Depot by 1.5% during the 4th quarter. Noesis Capital Mangement Corp now owns 1,770 shares of the home improvement retailer’s stock worth $609,000 after buying an additional 27 shares during the last quarter. Eubel Brady & Suttman Asset Management Inc. raised its position in Home Depot by 1.3% during the 4th quarter. Eubel Brady & Suttman Asset Management Inc. now owns 2,130 shares of the home improvement retailer’s stock worth $733,000 after buying an additional 27 shares during the last quarter. Finally, Mill Capital Management LLC lifted its stake in shares of Home Depot by 0.4% in the 4th quarter. Mill Capital Management LLC now owns 7,377 shares of the home improvement retailer’s stock worth $2,538,000 after acquiring an additional 27 shares during the period. 70.86% of the stock is owned by institutional investors and hedge funds.

Home Depot Trading Down 0.5% Shares of Home Depot stock opened at $328.52 on Tuesday. The Home Depot, Inc. has a 12-month low of $289.10 and a 12-month high of $426.75. The company has a current ratio of 1.08, a quick ratio of 0.31 and a debt-to-equity ratio of 2.64. The stock has a market cap of $327.76 billion, a PE ratio of 22.99, a price-to-earnings-growth ratio of 3.64 and a beta of 0.95. The company has a 50-day moving average of $341.00 and a two-hundred day moving average of $338.03.

Home Depot (NYSE:HD – Get Free Report) last announced its quarterly earnings results on Tuesday, August 18th. The home improvement retailer reported $4.92 EPS for the quarter, topping the consensus estimate of $4.73 by $0.19. The business had revenue of $47.86 billion for the quarter, compared to analyst estimates of $47.24 billion. Home Depot had a return on equity of 106.42% and a net margin of 8.41%.The company’s quarterly revenue was up 5.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $4.68 EPS. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. On average, research analysts anticipate that The Home Depot, Inc. will post 15 EPS for the current fiscal year. Home Depot Announces Dividend The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Thursday, September 3rd will be given a $2.33 dividend. The ex-dividend date is Thursday, September 3rd. This represents a $9.32 annualized dividend and a dividend yield of 2.8%. Home Depot’s payout ratio is currently 65.22%.

Wall Street Analyst Weigh In HD has been the topic of several analyst reports. DA Davidson reaffirmed a “buy” rating and issued a $377.00 target price on shares of Home Depot in a report on Wednesday, August 19th. Guggenheim restated a “buy” rating and issued a $425.00 price objective on shares of Home Depot in a research report on Wednesday, August 19th. Robert W. Baird lowered their price objective on Home Depot from $430.00 to $380.00 and set an “outperform” rating on the stock in a report on Wednesday, May 20th. JPMorgan Chase & Co. dropped their target price on Home Depot from $423.00 to $396.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 20th. Finally, Bank of America assumed coverage on Home Depot in a research note on Tuesday, May 5th. They set a “buy” rating and a $374.00 target price for the company. Eighteen equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $375.54.

Get Our Latest Stock Analysis on Home Depot

Insider Activity at Home Depot In other news, CFO Richard V. Mcphail sold 5,989 shares of the business’s stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $348.40, for a total value of $2,086,567.60. Following the completion of the transaction, the chief financial officer directly owned 48,104 shares of the company’s stock, valued at $16,759,433.60. The trade was a 11.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Teresa Wynn Roseborough sold 2,455 shares of the firm’s stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $328.77, for a total transaction of $807,130.35. Following the sale, the executive vice president directly owned 14,061 shares in the company, valued at $4,622,834.97. This represents a 14.86% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 9,154 shares of company stock valued at $3,132,798. Insiders own 0.08% of the company’s stock.

Home Depot Profile (Free Report)

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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Dearborn Partners LLC purchased a new stake in The Home Depot, Inc. (NYSE:HD – Free Report) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 69,668 shares of the home improvement retailer’s stock, valued at approximately $22,913,000.

Several other hedge funds also recently added to or reduced their stakes in the stock. Parvin Asset Management LLC raised its stake in Home Depot by 110.0% during the 3rd quarter. Parvin Asset Management LLC now owns 63 shares of the home improvement retailer’s stock worth $26,000 after acquiring an additional 33 shares in the last quarter. Advocate Investing Services LLC purchased a new stake in Home Depot in the fourth quarter valued at $25,000. Zeit Capital LLC acquired a new position in Home Depot in the second quarter valued at $26,000. Cache Advisors LLC acquired a new position in Home Depot in the first quarter valued at $27,000. Finally, Imprint Wealth LLC acquired a new position in Home Depot in the third quarter valued at $34,000. 70.86% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Home Depot In other Home Depot news, EVP Michael F. Rowe sold 710 shares of Home Depot stock in a transaction that occurred 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 directly owned 6,838 shares in the company, valued at approximately $2,302,764.88. This trade represents a 9.41% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Richard V. Mcphail sold 5,989 shares of the business’s stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $348.40, for a total value of $2,086,567.60. Following the completion of the transaction, the chief financial officer directly owned 48,104 shares in the company, valued at approximately $16,759,433.60. The trade was a 11.07% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.08% of the stock is owned by corporate insiders.

Analyst Ratings Changes HD has been the topic of a number of research analyst reports. Sanford C. Bernstein reiterated a “market perform” rating and set a $354.00 target price on shares of Home Depot in a research report on Wednesday, August 19th. 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 research report on Wednesday, May 20th. Weiss Ratings upgraded Home Depot from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, July 7th. DA Davidson restated a “buy” rating and set a $377.00 price target on shares of Home Depot in a research note on Wednesday, August 19th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a $398.00 price target on shares of Home Depot in a research report on Tuesday, August 18th. Eighteen analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $375.54. Get Our Latest Research Report on Home Depot

Home Depot Trading Down 0.1% Shares of Home Depot stock opened at $329.80 on Monday. The company has a debt-to-equity ratio of 2.64, a quick ratio of 0.31 and a current ratio of 1.08. The company has a market capitalization of $329.04 billion, a P/E ratio of 23.08, a PEG ratio of 3.64 and a beta of 0.95. The Home Depot, Inc. has a 1 year low of $289.10 and a 1 year high of $426.75. The company’s fifty day moving average is $340.97 and its two-hundred day moving average is $338.46.

Home Depot (NYSE:HD – Get Free Report) last announced its earnings results on Tuesday, August 18th. The home improvement retailer reported $4.92 EPS for the quarter, beating analysts’ consensus estimates of $4.73 by $0.19. Home Depot had a net margin of 8.41% and a return on equity of 106.42%. The business had revenue of $47.86 billion during the quarter, compared to analysts’ expectations of $47.24 billion. During the same period in the prior year, the company earned $4.68 earnings per share. The business’s revenue was up 5.7% compared to the same quarter last year. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. Analysts forecast that The Home Depot, Inc. will post 15 earnings per share for the current year.

Home Depot Announces Dividend The business also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Thursday, September 3rd will be given a $2.33 dividend. This represents a $9.32 annualized dividend and a yield of 2.8%. The ex-dividend date is Thursday, September 3rd. Home Depot’s payout ratio is 65.22%.

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

Positive Sentiment: Home Depot reported fiscal second-quarter sales of $47.86 billion, up 5.7% year over year and its strongest comparable-sales growth since 2022. Adjusted earnings of $4.92 per share exceeded the $4.73 analyst consensus, reinforcing the view that the retailer’s turnaround is gaining traction. The Home Depot Posts Record Sales Growth Amid CEO Leave Positive Sentiment: The company expanded its Magic Apron AI shopping assistant to every U.S. store. The tool provides localized product information, project guidance and store navigation through text, voice, images and multiple languages. Its potential to improve customer service, employee productivity and conversion rates supports the long-term growth narrative. The Home Depot Expands Magic Apron Neutral Sentiment: Analysts and recent commentary see significant upside if housing and remodeling demand recover, with Home Depot’s scale and professional-customer base viewed as competitive advantages. However, the stock remains below its 50-day and 200-day moving averages, indicating that investors have not fully embraced the turnaround thesis. Home Depot Turnaround Could Be Bigger Than Investors Expect Neutral Sentiment: Although Home Depot beat quarterly estimates, a reported $685 million tariff refund may have boosted results. Investors could discount part of the earnings strength if the benefit is viewed as nonrecurring. Home Depot Beat Q2 Estimates Negative Sentiment: CEO Ted Decker is on temporary medical leave, creating uncertainty around leadership even as operating performance improves. Separately, EVP Michael Rowe sold 710 shares valued at approximately $239,100, a relatively small transaction but a modest negative sentiment signal. Home Depot EVP Michael Rowe Sells Shares Home Depot Company Profile (Free Report)

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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Cibc World Market Inc. bought a new stake in The Home Depot, Inc. (NYSE:HD – Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 461,145 shares of the home improvement retailer’s stock, valued at approximately $162,637,000.

Other hedge funds have also made changes to their positions in the company. Curio Wealth LLC boosted its stake in shares of Home Depot by 13.5% during the 4th quarter. Curio Wealth LLC now owns 218 shares of the home improvement retailer’s stock valued at $76,000 after buying an additional 26 shares during the period. Moneco Advisors LLC grew its holdings in shares of Home Depot by 0.3% during the 4th quarter. Moneco Advisors LLC now owns 8,743 shares of the home improvement retailer’s stock valued at $3,008,000 after acquiring an additional 27 shares in the last quarter. Noesis Capital Mangement Corp increased its stake in shares of Home Depot by 1.5% in the fourth quarter. Noesis Capital Mangement Corp now owns 1,770 shares of the home improvement retailer’s stock worth $609,000 after acquiring an additional 27 shares during the last quarter. Eubel Brady & Suttman Asset Management Inc. increased its stake in shares of Home Depot by 1.3% in the fourth quarter. Eubel Brady & Suttman Asset Management Inc. now owns 2,130 shares of the home improvement retailer’s stock worth $733,000 after acquiring an additional 27 shares during the last quarter. Finally, Mill Capital Management LLC raised its holdings in shares of Home Depot by 0.4% during the fourth quarter. Mill Capital Management LLC now owns 7,377 shares of the home improvement retailer’s stock worth $2,538,000 after acquiring an additional 27 shares in the last quarter. 70.86% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Home Depot In other Home Depot news, CFO Richard V. Mcphail sold 5,989 shares of the stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $348.40, for a total transaction of $2,086,567.60. Following the transaction, the chief financial officer owned 48,104 shares in the company, valued at $16,759,433.60. This trade represents a 11.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Michael F. Rowe sold 710 shares of the stock in a transaction that occurred on Wednesday, August 26th. The shares were 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 in the company, valued at approximately $2,302,764.88. This trade represents a 9.41% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.08% of the stock is currently owned by insiders.

Key Headlines Impacting Home Depot Here are the key news stories impacting Home Depot this week: Positive Sentiment: Home Depot reported fiscal second-quarter sales of $47.86 billion, up 5.7% year over year and its strongest comparable-sales growth since 2022. Adjusted earnings of $4.92 per share exceeded the $4.73 analyst consensus, reinforcing the view that the retailer’s turnaround is gaining traction. The Home Depot Posts Record Sales Growth Amid CEO Leave Positive Sentiment: The company expanded its Magic Apron AI shopping assistant to every U.S. store. The tool provides localized product information, project guidance and store navigation through text, voice, images and multiple languages. Its potential to improve customer service, employee productivity and conversion rates supports the long-term growth narrative. The Home Depot Expands Magic Apron Neutral Sentiment: Analysts and recent commentary see significant upside if housing and remodeling demand recover, with Home Depot’s scale and professional-customer base viewed as competitive advantages. However, the stock remains below its 50-day and 200-day moving averages, indicating that investors have not fully embraced the turnaround thesis. Home Depot Turnaround Could Be Bigger Than Investors Expect Neutral Sentiment: Although Home Depot beat quarterly estimates, a reported $685 million tariff refund may have boosted results. Investors could discount part of the earnings strength if the benefit is viewed as nonrecurring. Home Depot Beat Q2 Estimates Negative Sentiment: CEO Ted Decker is on temporary medical leave, creating uncertainty around leadership even as operating performance improves. Separately, EVP Michael Rowe sold 710 shares valued at approximately $239,100, a relatively small transaction but a modest negative sentiment signal. Home Depot EVP Michael Rowe Sells Shares Home Depot Trading Down 0.1% Shares of NYSE:HD opened at $329.80 on Monday. The company has a current ratio of 1.08, a quick ratio of 0.31 and a debt-to-equity ratio of 2.64. The stock has a market capitalization of $329.04 billion, a PE ratio of 23.08, a P/E/G ratio of 3.64 and a beta of 0.95. The Home Depot, Inc. has a 1 year low of $289.10 and a 1 year high of $426.75. The firm has a fifty day moving average price of $340.97 and a 200 day moving average price of $338.46.

Home Depot (NYSE:HD – Get Free Report) last posted its earnings results on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share for the quarter, beating the consensus estimate of $4.73 by $0.19. Home Depot had a return on equity of 106.42% and a net margin of 8.41%.The company had revenue of $47.86 billion for the quarter, compared to analyst estimates of $47.24 billion. During the same period last year, the company earned $4.68 earnings per share. The business’s revenue was up 5.7% compared to the same quarter last year. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. Analysts expect that The Home Depot, Inc. will post 15 EPS for the current fiscal year.

Home Depot Announces Dividend The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Thursday, September 3rd will be paid a $2.33 dividend. This represents a $9.32 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend is Thursday, September 3rd. Home Depot’s dividend payout ratio (DPR) is presently 65.22%.

Wall Street Analyst Weigh In A number of analysts recently issued reports on the company. TD Cowen reissued a “buy” rating on shares of Home Depot in a research report on Monday, August 10th. Piper Sandler cut their price target on Home Depot from $422.00 to $421.00 and set an “overweight” rating for the company in a research note on Wednesday, May 20th. Jefferies Financial Group reiterated a “buy” rating and set a $398.00 price target on shares of Home Depot in a report on Tuesday, August 18th. Royal Bank Of Canada lowered their price target on Home Depot from $343.00 to $342.00 and set a “sector perform” rating for the company in a research note on Wednesday, August 19th. Finally, Wells Fargo & Company increased their price objective on Home Depot from $360.00 to $400.00 and gave the stock an “overweight” rating in a report on Tuesday, August 11th. Eighteen research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $375.54.

View Our Latest Analysis on Home Depot

Home Depot Company Profile (Free Report)

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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Berry Wealth Group LP acquired a new position in shares of The Home Depot, Inc. (NYSE:HD – Free Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 1,644 shares of the home improvement retailer’s stock, valued at approximately $580,000. Home Depot accounts for about 1.9% of Berry Wealth Group LP’s holdings, making the stock its 15th largest position.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in HD. Haverford Trust Co acquired a new stake in Home Depot in the 2nd quarter valued at approximately $36,402,000. Clear Harbor Asset Management LLC acquired a new position in Home Depot during the 2nd quarter worth $8,776,000. First Nebraska Trust Co acquired a new position in Home Depot during the 2nd quarter worth $4,330,000. Bank of Nova Scotia bought a new position in shares of Home Depot in the second quarter worth $118,723,000. Finally, Kirtland Hills Capital Management LLC bought a new position in shares of Home Depot in the second quarter worth $1,243,000. 70.86% of the stock is owned by institutional investors.

Home Depot Price Performance Shares of NYSE HD opened at $329.80 on Friday. The Home Depot, Inc. has a twelve month low of $289.10 and a twelve month high of $426.75. The company has a current ratio of 1.08, a quick ratio of 0.31 and a debt-to-equity ratio of 2.64. The firm has a 50-day moving average of $340.97 and a two-hundred day moving average of $338.75. The company has a market capitalization of $329.04 billion, a price-to-earnings ratio of 23.08, a PEG ratio of 3.64 and a beta of 0.95.

Home Depot (NYSE:HD – Get Free Report) last announced its quarterly earnings data on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.73 by $0.19. Home Depot had a net margin of 8.41% and a return on equity of 106.42%. The company had revenue of $47.86 billion for the quarter, compared to analysts’ expectations of $47.24 billion. During the same quarter in the previous year, the company posted $4.68 EPS. The business’s revenue was up 5.7% compared to the same quarter last year. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. As a group, analysts expect that The Home Depot, Inc. will post 15 earnings per share for the current fiscal year. Home Depot Dividend Announcement The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Thursday, September 3rd will be given a $2.33 dividend. The ex-dividend date is Thursday, September 3rd. This represents a $9.32 annualized dividend and a yield of 2.8%. Home Depot’s payout ratio is 65.22%.

Analyst Upgrades and Downgrades A number of equities research analysts recently weighed in on the stock. DA Davidson restated a “buy” rating and set a $377.00 price objective on shares of Home Depot in a research note on Wednesday, August 19th. Weiss Ratings upgraded shares of Home Depot from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, July 7th. Royal Bank Of Canada lowered their target price on shares of Home Depot from $343.00 to $342.00 and set a “sector perform” rating on the stock in a research note on Wednesday, August 19th. Wells Fargo & Company boosted their price target on shares of Home Depot from $360.00 to $400.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 11th. Finally, Robert W. Baird reduced their price target on shares of Home Depot from $430.00 to $380.00 and set an “outperform” rating for the company in a research note on Wednesday, May 20th. Eighteen research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $375.54.

View Our Latest Report on Home Depot

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

Positive Sentiment: Home Depot reported fiscal second-quarter sales of $47.86 billion, up 5.7% year over year and its strongest comparable-sales growth since 2022. Adjusted earnings of $4.92 per share exceeded the $4.73 analyst consensus, reinforcing the view that the retailer’s turnaround is gaining traction. The Home Depot Posts Record Sales Growth Amid CEO Leave Positive Sentiment: The company expanded its Magic Apron AI shopping assistant to every U.S. store. The tool provides localized product information, project guidance and store navigation through text, voice, images and multiple languages. Its potential to improve customer service, employee productivity and conversion rates supports the long-term growth narrative. The Home Depot Expands Magic Apron Neutral Sentiment: Analysts and recent commentary see significant upside if housing and remodeling demand recover, with Home Depot’s scale and professional-customer base viewed as competitive advantages. However, the stock remains below its 50-day and 200-day moving averages, indicating that investors have not fully embraced the turnaround thesis. Home Depot Turnaround Could Be Bigger Than Investors Expect Neutral Sentiment: Although Home Depot beat quarterly estimates, a reported $685 million tariff refund may have boosted results. Investors could discount part of the earnings strength if the benefit is viewed as nonrecurring. Home Depot Beat Q2 Estimates Negative Sentiment: CEO Ted Decker is on temporary medical leave, creating uncertainty around leadership even as operating performance improves. Separately, EVP Michael Rowe sold 710 shares valued at approximately $239,100, a relatively small transaction but a modest negative sentiment signal. Home Depot EVP Michael Rowe Sells Shares Insiders Place Their Bets In other news, EVP Michael F. Rowe sold 710 shares of the business’s stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $336.76, for a total transaction of $239,099.60. Following the sale, the executive vice president directly owned 6,838 shares of the company’s stock, valued at $2,302,764.88. The trade was a 9.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Richard V. Mcphail sold 5,989 shares of the company’s stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $348.40, for a total transaction of $2,086,567.60. Following the sale, the chief financial officer directly owned 48,104 shares of the company’s stock, valued at $16,759,433.60. This represents a 11.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.08% of the company’s stock.

Home Depot Profile (Free Report)

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.

See Also Five stocks we like better than Home Depot From SaaS-pocalypse to Perfect Storm: Workday’s AI Growth Story Strengthens These 3 GARP Stocks Show Why Growth and Value Do Not Have to Clash Venture Into High-Volatility Corners of the Market With These 3 ETFs 3 Retail Stocks to Watch After a Big Consumer Earnings Week

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CFO4Life Group LLC acquired a new stake in shares of The Home Depot, Inc. (NYSE:HD – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 24,383 shares of the home improvement retailer’s stock, valued at approximately $8,599,000. Home Depot comprises about 1.2% of CFO4Life Group LLC’s investment portfolio, making the stock its 19th largest position.

A number of other institutional investors have also recently made changes to their positions in the company. Curio Wealth LLC increased its stake in Home Depot by 13.5% in the 4th quarter. Curio Wealth LLC now owns 218 shares of the home improvement retailer’s stock worth $76,000 after acquiring an additional 26 shares during the last quarter. Moneco Advisors LLC boosted its position in shares of Home Depot by 0.3% during the 4th quarter. Moneco Advisors LLC now owns 8,743 shares of the home improvement retailer’s stock valued at $3,008,000 after acquiring an additional 27 shares during the last quarter. Noesis Capital Mangement Corp boosted its position in shares of Home Depot by 1.5% during the 4th quarter. Noesis Capital Mangement Corp now owns 1,770 shares of the home improvement retailer’s stock valued at $609,000 after acquiring an additional 27 shares during the last quarter. Eubel Brady & Suttman Asset Management Inc. grew its holdings in shares of Home Depot by 1.3% in the fourth quarter. Eubel Brady & Suttman Asset Management Inc. now owns 2,130 shares of the home improvement retailer’s stock valued at $733,000 after purchasing an additional 27 shares in the last quarter. Finally, Mill Capital Management LLC grew its holdings in shares of Home Depot by 0.4% in the fourth quarter. Mill Capital Management LLC now owns 7,377 shares of the home improvement retailer’s stock valued at $2,538,000 after purchasing an additional 27 shares in the last quarter. Hedge funds and other institutional investors own 70.86% of the company’s stock.

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

Positive Sentiment: Home Depot reported fiscal second-quarter sales of $47.86 billion, up 5.7% year over year and its strongest comparable-sales growth since 2022. Adjusted earnings of $4.92 per share exceeded the $4.73 analyst consensus, reinforcing the view that the retailer’s turnaround is gaining traction. The Home Depot Posts Record Sales Growth Amid CEO Leave Positive Sentiment: The company expanded its Magic Apron AI shopping assistant to every U.S. store. The tool provides localized product information, project guidance and store navigation through text, voice, images and multiple languages. Its potential to improve customer service, employee productivity and conversion rates supports the long-term growth narrative. The Home Depot Expands Magic Apron Neutral Sentiment: Analysts and recent commentary see significant upside if housing and remodeling demand recover, with Home Depot’s scale and professional-customer base viewed as competitive advantages. However, the stock remains below its 50-day and 200-day moving averages, indicating that investors have not fully embraced the turnaround thesis. Home Depot Turnaround Could Be Bigger Than Investors Expect Neutral Sentiment: Although Home Depot beat quarterly estimates, a reported $685 million tariff refund may have boosted results. Investors could discount part of the earnings strength if the benefit is viewed as nonrecurring. Home Depot Beat Q2 Estimates Negative Sentiment: CEO Ted Decker is on temporary medical leave, creating uncertainty around leadership even as operating performance improves. Separately, EVP Michael Rowe sold 710 shares valued at approximately $239,100, a relatively small transaction but a modest negative sentiment signal. Home Depot EVP Michael Rowe Sells Shares Wall Street Analysts Forecast Growth A number of equities research analysts recently issued reports on the stock. Morgan Stanley decreased their price target 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. Jefferies Financial Group reissued a “buy” rating and issued a $398.00 price objective on shares of Home Depot in a research note on Tuesday, August 18th. Citigroup reduced their target price on shares of Home Depot from $450.00 to $400.00 and set a “buy” rating on the stock in a report on Tuesday, May 12th. Robert W. Baird decreased their target price on shares of Home Depot from $430.00 to $380.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 20th. Finally, KeyCorp reaffirmed a “sector weight” rating on shares of Home Depot in a report on Wednesday, August 19th. Eighteen investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Home Depot has a consensus rating of “Moderate Buy” and an average price target of $375.54. Read Our Latest Report on HD

Home Depot Stock Up 0.4% NYSE:HD opened at $329.80 on Friday. The company has a market cap of $329.04 billion, a price-to-earnings ratio of 23.08, a price-to-earnings-growth ratio of 3.64 and a beta of 0.95. The Home Depot, Inc. has a twelve month low of $289.10 and a twelve month high of $426.75. The company has a current ratio of 1.08, a quick ratio of 0.31 and a debt-to-equity ratio of 2.64. The stock has a fifty day simple moving average of $340.97 and a 200-day simple moving average of $338.75.

Home Depot (NYSE:HD – Get Free Report) last announced 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. Home Depot had a return on equity of 106.42% and a net margin of 8.41%.The firm had revenue of $47.86 billion during the quarter, compared to analyst estimates of $47.24 billion. During the same quarter in the previous year, the business earned $4.68 earnings per share. Home Depot’s quarterly revenue was up 5.7% on a year-over-year basis. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. Analysts anticipate that The Home Depot, Inc. will post 15 EPS for the current year.

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

Insider Buying and Selling In other news, CFO Richard V. Mcphail sold 5,989 shares of the business’s stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $348.40, for a total transaction of $2,086,567.60. Following the sale, the chief financial officer owned 48,104 shares in the company, valued at approximately $16,759,433.60. The trade was a 11.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Michael F. Rowe sold 710 shares of the company’s stock in a transaction dated Wednesday, August 26th. The shares were sold at an average price of $336.76, for a total transaction of $239,099.60. Following the transaction, the executive vice president owned 6,838 shares in the company, valued at approximately $2,302,764.88. This trade represents a 9.41% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 0.08% of the company’s stock.

Home Depot Company Profile (Free Report)

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.

Read More Five stocks we like better than Home Depot From SaaS-pocalypse to Perfect Storm: Workday’s AI Growth Story Strengthens These 3 GARP Stocks Show Why Growth and Value Do Not Have to Clash Venture Into High-Volatility Corners of the Market With These 3 ETFs 3 Retail Stocks to Watch After a Big Consumer Earnings Week Want to see what other hedge funds are holding HD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Home Depot, Inc. (NYSE:HD – Free Report).

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Commerzbank Aktiengesellschaft FI acquired a new stake in The Home Depot, Inc. (NYSE:HD – Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 196,803 shares of the home improvement retailer’s stock, valued at approximately $69,408,000. Home Depot accounts for 1.4% of Commerzbank Aktiengesellschaft FI’s investment portfolio, making the stock its 24th biggest position.

Other institutional investors and hedge funds have also made changes to their positions in the company. Norges Bank purchased a new position in shares of Home Depot during the fourth quarter worth about $4,850,329,000. Bank of New York Mellon Corp acquired a new stake in Home Depot during the 2nd quarter worth approximately $2,777,396,000. Wellington Management Group LLP lifted its position in Home Depot by 60.8% during the 3rd quarter. Wellington Management Group LLP now owns 10,143,089 shares of the home improvement retailer’s stock worth $4,109,878,000 after acquiring an additional 3,836,051 shares during the period. Cardano Risk Management B.V. lifted its position in Home Depot by 901.5% during the 4th quarter. Cardano Risk Management B.V. now owns 3,290,540 shares of the home improvement retailer’s stock worth $1,132,275,000 after acquiring an additional 2,961,979 shares during the period. Finally, Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in shares of Home Depot in the 2nd quarter valued at approximately $896,215,000. 70.86% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades A number of research firms have recently issued reports on HD. Wall Street Zen raised Home Depot from a “sell” rating to a “hold” rating in a report on Tuesday, June 2nd. Stifel Nicolaus lifted their price objective on shares of Home Depot from $320.00 to $340.00 and gave the company a “hold” rating in a research report on Monday, August 17th. Bank of America began coverage on shares of Home Depot in a research note on Tuesday, May 5th. They issued a “buy” rating and a $374.00 price objective on the stock. JPMorgan Chase & Co. cut their price objective on shares of Home Depot from $423.00 to $396.00 and set an “overweight” rating for the company in a research report on Wednesday, May 20th. Finally, Telsey Advisory Group reduced their target price on shares of Home Depot from $435.00 to $410.00 and set an “outperform” rating for the company in a research note on Wednesday, May 20th. Eighteen investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $375.54.

Check Out Our Latest Analysis on HD Insider Buying and Selling at Home Depot In other news, CFO Richard V. Mcphail sold 5,989 shares of the company’s stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $348.40, for a total transaction of $2,086,567.60. Following the transaction, the chief financial officer directly owned 48,104 shares of the company’s stock, valued at $16,759,433.60. This represents a 11.07% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.08% of the stock is currently owned by company insiders.

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

Positive Sentiment: Home Depot’s latest quarter showed solid execution: earnings and revenue exceeded consensus estimates, while sales increased year over year. Bank of America characterized the results as resilient despite a difficult housing backdrop. Home Depot Q2 results analysis Positive Sentiment: The board declared a quarterly dividend of $2.33 per share, payable September 17 to shareholders of record September 3. The annualized payout implies a yield of approximately 2.8%, supporting the stock’s income appeal. Home Depot declares quarterly dividend Positive Sentiment: DA Davidson, Argus and Guggenheim reiterated or assigned “Buy” ratings, indicating continued confidence in Home Depot’s long-term positioning. The company is also expanding nationwide express delivery to make smaller projects more convenient for cautious consumers. DA Davidson buy rating Home Depot expands express delivery Neutral Sentiment: Royal Bank of Canada lowered its price target to $342, while KeyCorp maintained a Sector Weight rating. The mixed recommendations suggest limited near-term upside despite the earnings beat. RBC lowers Home Depot price target Neutral Sentiment: Home Depot expanded executive responsibilities and awarded restricted stock, changes intended to support leadership continuity but with no immediate earnings impact. Home Depot executive changes Negative Sentiment: Reports highlight margin pressure and an uphill sales environment as customers delay or reduce spending on major renovations. This could constrain comparable sales and profitability even after the recent quarterly beat. Home Depot margin pressure Home Depot customer spending concerns Negative Sentiment: CFO Richard McPhail sold 5,989 shares worth approximately $2.1 million, reducing his position by 11.1%. While insider sales do not necessarily signal deteriorating fundamentals, the transaction may weigh modestly on sentiment. Home Depot CFO stock sale Home Depot Stock Performance Shares of HD stock opened at $336.04 on Monday. The company has a current ratio of 1.08, a quick ratio of 0.31 and a debt-to-equity ratio of 2.64. The stock has a 50 day simple moving average of $340.86 and a 200-day simple moving average of $340.20. The company has a market cap of $335.07 billion, a price-to-earnings ratio of 23.52, a price-to-earnings-growth ratio of 3.70 and a beta of 0.95. The Home Depot, Inc. has a 12-month low of $289.10 and a 12-month high of $426.75.

Home Depot (NYSE:HD – Get Free Report) last posted its quarterly earnings results on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share for the quarter, beating analysts’ consensus estimates of $4.73 by $0.19. Home Depot had a return on equity of 106.42% and a net margin of 8.41%.The firm had revenue of $47.86 billion for the quarter, compared to the consensus estimate of $47.24 billion. During the same period in the previous year, the business earned $4.68 earnings per share. The company’s revenue for the quarter was up 5.7% compared to the same quarter last year. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. On average, equities analysts forecast that The Home Depot, Inc. will post 14.99 EPS for the current year.

Home Depot Announces Dividend The business also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Thursday, September 3rd will be given a dividend of $2.33 per share. This represents a $9.32 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Thursday, September 3rd. Home Depot’s payout ratio is presently 65.22%.

Home Depot Company Profile (Free Report)

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.

See Also Five stocks we like better than Home Depot VIG, VYM, and VYMI: Which Vanguard Dividend ETF Is Right for You? 3 Closed-End Funds to Maximize Dividend Payments Rocket Lab’s Sell-Off Is Fading—Is It Finally Safe to Buy? $27 Billion in Buybacks: 3 Stocks Betting Their Strong Runs Aren’t Over Want to see what other hedge funds are holding HD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Home Depot, Inc. (NYSE:HD – Free Report).

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Avalon Trust Co acquired a new stake in shares of The Home Depot, Inc. (NYSE:HD – Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 1,744 shares of the home improvement retailer’s stock, valued at approximately $615,000.

A number of other hedge funds also recently bought and sold shares of the company. Pacific Sage Partners LLC purchased a new stake in Home Depot during the 2nd quarter valued at about $1,967,000. TFR Capital LLC. bought a new position in shares of Home Depot in the second quarter worth approximately $1,294,000. OakTrust Wealth Advisors LLC bought a new stake in Home Depot during the 2nd quarter valued at $240,000. Family Legacy Inc. bought a new stake in Home Depot during the 2nd quarter valued at $5,320,000. Finally, Clearstead Trust LLC purchased a new position in shares of Home Depot in the second quarter valued at about $1,998,000. Institutional investors own 70.86% of the company’s stock.

Home Depot Stock Performance Shares of HD opened at $336.04 on Friday. The firm has a market capitalization of $335.07 billion, a P/E ratio of 23.52, a PEG ratio of 3.68 and a beta of 0.95. The company has a debt-to-equity ratio of 2.64, a current ratio of 1.08 and a quick ratio of 0.28. The Home Depot, Inc. has a one year low of $289.10 and a one year high of $426.75. The business has a fifty day moving average of $340.86 and a 200 day moving average of $340.46.

Home Depot (NYSE:HD – Get Free Report) last posted its quarterly earnings data on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share for the quarter, beating analysts’ consensus estimates of $4.73 by $0.19. The firm had revenue of $47.86 billion for the quarter, compared to analysts’ expectations of $47.24 billion. Home Depot had a return on equity of 106.42% and a net margin of 8.41%.The business’s quarterly 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, sell-side analysts anticipate that The Home Depot, Inc. will post 14.99 EPS for the current year. Home Depot Dividend Announcement The company also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Thursday, September 3rd will be issued a $2.33 dividend. The ex-dividend date of this dividend is Thursday, September 3rd. This represents a $9.32 annualized dividend and a yield of 2.8%. Home Depot’s dividend payout ratio is currently 65.22%.

Insider Transactions at Home Depot In other Home Depot news, CFO Richard V. Mcphail sold 5,989 shares of the firm’s stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $348.40, for a total transaction of $2,086,567.60. Following the sale, the chief financial officer directly owned 48,104 shares of the company’s stock, valued at $16,759,433.60. This trade represents a 11.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.08% of the company’s stock.

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

Positive Sentiment: Home Depot’s latest quarter showed solid execution: earnings and revenue exceeded consensus estimates, while sales increased year over year. Bank of America characterized the results as resilient despite a difficult housing backdrop. Home Depot Q2 results analysis Positive Sentiment: The board declared a quarterly dividend of $2.33 per share, payable September 17 to shareholders of record September 3. The annualized payout implies a yield of approximately 2.8%, supporting the stock’s income appeal. Home Depot declares quarterly dividend Positive Sentiment: DA Davidson, Argus and Guggenheim reiterated or assigned “Buy” ratings, indicating continued confidence in Home Depot’s long-term positioning. The company is also expanding nationwide express delivery to make smaller projects more convenient for cautious consumers. DA Davidson buy rating Home Depot expands express delivery Neutral Sentiment: Royal Bank of Canada lowered its price target to $342, while KeyCorp maintained a Sector Weight rating. The mixed recommendations suggest limited near-term upside despite the earnings beat. RBC lowers Home Depot price target Neutral Sentiment: Home Depot expanded executive responsibilities and awarded restricted stock, changes intended to support leadership continuity but with no immediate earnings impact. Home Depot executive changes Negative Sentiment: Reports highlight margin pressure and an uphill sales environment as customers delay or reduce spending on major renovations. This could constrain comparable sales and profitability even after the recent quarterly beat. Home Depot margin pressure Home Depot customer spending concerns Negative Sentiment: CFO Richard McPhail sold 5,989 shares worth approximately $2.1 million, reducing his position by 11.1%. While insider sales do not necessarily signal deteriorating fundamentals, the transaction may weigh modestly on sentiment. Home Depot CFO stock sale Analyst Ratings Changes Several brokerages have commented on HD. Wall Street Zen upgraded shares of Home Depot from a “sell” rating to a “hold” rating in a report on Tuesday, June 2nd. Argus reiterated a “buy” rating and set a $400.00 price target on shares of Home Depot in a research report on Wednesday. Piper Sandler decreased their price target on shares of Home Depot from $422.00 to $421.00 and set an “overweight” rating for the company in a research note on Wednesday, May 20th. Robert W. Baird decreased their price target on shares of Home Depot from $430.00 to $380.00 and set an “outperform” rating for the company in a research note on Wednesday, May 20th. Finally, Weiss Ratings upgraded shares of Home Depot from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, July 7th. Eighteen research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $375.54.

Read Our Latest Analysis on HD

Home Depot Profile (Free Report)

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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Home Depot Today

HD

Home Depot

$339.49 +1.61 (+0.48%)

As of 12:38 PM Eastern

This is a fair market value price provided by Massive. Learn more.

$289.10▼

$426.752.75%

24.11

$373.89

Home Depot’s NYSE: HD stock price signaled a trend-following entry earlier this year, having completed a head-and-shoulders reversal at a critical uptrend line.

Momentum was recently boosted by a solid Q2 report, which revealed inherent strengths despite the tepid housing market, with professional and small projects contributing to growth and margin. The impact of IEEPA tariff refunds was in the mix, but viewed as a positive, given unexpectedly higher input costs.

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Home Depot’s capital return, centered on dividends, remains safe and reliable. The outlook for sustainability and distribution increases is improving, and that’s what keeps buy-and-hold investors who own so much of HD stock in the mix. HD’s buy-and-hold quality is reflected in its institutional holdings, which account for 70% of the float, and its retail holdings, which account for virtually all of the remaining shares.

Institutions, the larger of the two groups, provide a solid support base, with their activity aligning with the technical Buy signal. MarketBeat data reveals them accumulating at a robust 4.5-to-1 pace over the trailing 12 months, with activity ramping in early Q3 ahead of the Q2 release. The Q3 ramp is particularly telling, as it is the strongest buying signal the group has given in approximately three years.

Home Depot's Q2 Tops Estimates on Stronger-Than-Expected DemandHome Depot had a decent quarter, with revenue growing by 5.7% to $47.9 billion, about $660 million better than expected. The 140 basis points of outperformance came from solid comps, up 1.7%, with a transaction decline offset by a higher ticket average. Within the mix, small projects were a surprising strength, helping to offset price increases and keep margins healthy.

Margin was a strength, though mixed factors are at play. On the one hand, costs are rising, leading to margin contraction and slower earnings growth. On the other hand, operational performance, unexpected consumer strength, leverage from new stores, and the impact of tariff refunds largely offset the cost increase.

Net income of $4.8 billion was up approximately 5% year-over-year, as was the adjusted $4.92 in earnings per share (EPS), and both came in better than forecasted. Adjusted EPS outperformed MarketBeat’s consensus by approximately 400 basis points, suggesting the guidance is cautious.

The company reaffirmed guidance, calling for about 3.5% revenue growth, 1% comp store growth, about 2% EPS growth, and 15 new stores. EPS growth is underpinned by tariff refunds, which are expected to continue offsetting cost increases, but fundamental strengths are also present. The growing store count and comp-store strength suggest outperformance is possible.

Home Depot Analysts See a Path to $375 and BeyondThe analysts' response to the release included caution, specifically focused on margin compression and cost increases, but was otherwise very bullish.

Home Depot Stock Forecast Today12-Month Stock Price Forecast:
$373.89
9.29% Upside

Moderate Buy
Based on 32 Analyst Ratings

Current Price$342.10High Forecast$430.00Average Forecast$373.89Low Forecast$310.00Home Depot Stock Forecast Details

Analysts from Wells Fargo, Royal Bank of Canada, and Jefferies cited margin outperformance, comp-store strength, and surprising strength in small projects in their commentaries. They highlighted the importance of tariff refunds amid rising costs, but see an improved setup and a higher stock price by year’s end. The implication is clear: renewed confidence in the 12-month forecast, which pegs the stock as a Moderate Buy with a price target near $375.

That consensus price target doesn't represent a robust upside, but rather is a stepping stone to higher prices down the road. A move to $375 would put this market in the high end of its trading range and on track for a breakout. The question is when it will come, and it may not be until well into 2027. By then, the market should have a clearer view.

High Rates Keep Home Depot's Recovery on HoldThe next major catalyst for Home Depot is the unsticking of housing markets, which is not expected until later in 2027, if at all in 2027. The primary hurdle is interest rates, which are unlikely to fall substantially in the foreseeable future. The more likely scenario is that rates remain high through year’s end and well into next year, given high prices and their impact on inflation.

Until then, small projects and maintenance will continue to drive Home Depot’s business and dividend payments. Worth an annualized 2.7% while near the critical support level, HD’s dividend payment is about 65% of its earnings, has been increased for more than 15 consecutive years, and runs a high-single-digit compound annual growth rate.

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Available across U.S. markets for a small flat fee with no subscription or membership required, making rapid delivery accessible to Pro and DIY customers.
Express Delivery leverages 2,000+ Home Depot U.S. stores as neighborhood fulfillment hubs, delivering trade-grade products and everyday DIY essentials in three hours or less.
Delivers thousands of SKUs across plumbing, electrical, hardware, paint, tools, and everyday project supplies straight from local stores to the doorstep or job site.

, /PRNewswire/ -- The Home Depot® today announced the nationwide rollout of Express Delivery, bringing rapid fulfillment to millions of Pro and DIY customers for a small flat fee in U.S. markets, with no subscription or membership required.

Leveraging its supply chain network and more than 2,000 U.S. stores functioning as fulfillment hubs, The Home Depot's Express Delivery reinforces the company's position as the fastest delivery provider in home improvement. Now, customers can get need-it-now items in three hours or less, including materials and supplies for Pro construction projects. Shoppers can view Express Delivery eligibility on product pages and in the cart at checkout.

"Customers expect products to be available when and where they need them, and Express Delivery helps us meet that expectation with a fast, reliable solution," said Jordan Broggi, EVP of Interconnected Retail. "Whether you're a DIYer who needs one more bag of fertilizer to finish the yard or a Pro running short on adhesives and caulk for a time-sensitive job, Express Delivery makes it easier than ever for our customers to get the supplies they need, right when they need them most." 

The Home Depot continues to invest in offerings that bring convenience, value and choice to both DIY and Pro customers, including:

Express Delivery for a small flat fee per order with no membership required, delivering Pro and DIY essentials in three hours or less. The Home Depot expects to offer even faster delivery speeds in the months ahead.
Free same-day delivery on orders of $25 or more placed by 4 p.m., giving customers another way to get the products they need for time-sensitive projects.
An extensive delivery center network delivering thousands of items as quickly as same day across categories like lighting, vanities, décor, building materials, and more. Working in conjunction with local stores, this network delivers more than 65% of in-stock parcel products same day or next day, and approximately 55% of in-stock big and bulky orders within two days.
Next day major appliance delivery reaching 60% of the U.S. population on key SKUs, helping customers replace critical appliances like refrigerators, washers and dryers quickly and enabling Pros to source appliances for time-sensitive repairs faster.

For more information on The Home Depot's delivery offerings, visit https://corporate.homedepot.com.

About The Home Depot 
The Home Depot is the world's largest home improvement specialty retailer. At the end of the second quarter, the company operated a total of 2,364 retail stores and over 1,340 SRS locations across all 50 states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. The Company employs over 470,000 associates. The Home Depot's stock is traded on the New York Stock Exchange (NYSE: HD) and is included in the Dow Jones industrial average and Standard & Poor's 500 index.

Cautionary Note Regarding Forward-Looking Statements
Certain statements contained in this release constitute "forward-looking statements" as defined in the federal securities laws, including the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on currently available information and current assumptions, expectations and projections about future events. Forward-looking statements may relate to, among other things, implementation of interconnected, store, supply chain, technology, innovation and other strategic initiatives. Forward-looking statements are subject to substantial risks and uncertainties including, but not limited to, those described in our most recent Annual Report on Form 10-K. Forward-looking statements speak only as of the date they are made, and the company does not undertake to update them other than as required by law. You are advised, however, to review any further public disclosures that the company makes on related subjects, including its subsequent filings with the Securities and Exchange Commission.

SOURCE The Home Depot

Home Depot HD stock is inching lower heading into the home improvement retailer’s fiscal Q2 earnings scheduled to be released before the market opens on August 18.

Consensus is for the company to record $4.72 a share of earnings (EPS) on $47.4 billion in revenue – which would represent a nearly 10% increase in topline but under 1% bottom-line growth.

Heading into the quarterly print, Home Depot shares are down more than 2% year-to-date.

Despite its underperformance in 2026, options traders believe HD stock is unlikely to recover on the back of its upcoming earnings release.

According to data from Barchart, the put-to-call ratio on contracts expiring August 21 sits at 2.06 currently; a reading above 1.00 is typically considered bearish.

The derivatives market has the lower price on Home Depot contracts set at $325 at writing, which signals potential for a 3.4% decline through the end of this week.

Crucially, the dovish sentiment is mirrored in the technical setup as well; HD slipped below its 50-day moving average (MA) this morning, signaling the bearish momentum could sustain in the near term.

The options market doesn’t expect much from Home Depot’s second-quarter financials given the persistent chill in the US housing market.

High mortgage rates continue to freeze home turnover, sharply reducing the discretionary spending home buyers typically allocate toward major renovations.

While professional contractor sales have provided a relative cushion, DIY retail traffic is still soft as lower-income consumers continue to prioritize essentials over big-ticket DIY projects.

If management highlights ongoing weakness in high-ticket categories or lowers full-year revenue guidance, investors could react sharply, triggering a post-earnings sell-off as the market re-evaluates the timing of a broader housing recovery.

That said, Home Depot stock currently pays a rather attractive 2.77% dividend yield, which makes it compelling as a long-term holding for income-focused investors.

Beyond macro housing trends, fundamental valuation dynamics add another layer of vulnerability for shareholders.

Trading at more than 22x forward earnings, HD shares command a premium multiple compared to the broader specialty retail sector, which averages under 20x.

This elevated valuation means Wall Street expects near-flawless operational execution.

Any unexpected margin compression – whether from elevated promotional intensity, lingering supply chain costs, or integration expenses associated with recent commercial expansions – could prompt analysts to slash price targets.

Heading into the quarterly print, Wall Street firms have a consensus Moderate Buy rating on Home Depot, with a mean price target of $373 indicating potential for a significant rally from here.

However, without strong, proactive forward guidance to justify its valuation multiple, HD risks a period of prolonged consolidation or further short-term contraction.

On the surface, Home Depot (HD -0.83%) looks steady. The home improvement giant grew fiscal first-quarter sales 4.8% year over year to $41.8 billion, held onto its full-year guidance, and pays a dividend yielding about 2.7% as of this writing.

Underneath, though, one number has been moving the wrong way for more than a year. Comparable customer transactions, the count of purchases at stores and websites open at least a year, fell 1.3% in the fiscal first quarter (the period ended May 3). That marked the fifth consecutive quarterly decline. Total transactions came to 391.1 million for the quarter, down from 394.8 million a year earlier.

Home Depot's revenue growth, in other words, isn't coming from more transactions. It's coming from bigger receipts, and from acquisitions.

The company reports its fiscal second-quarter results on Tuesday, Aug. 18.

Image source: Home Depot.

Fewer transactions, bigger receipts Comparable transactions fell 0.5% in the first quarter of fiscal 2025, 0.4% in the second, 1.6% in the third, 1.6% in the fourth, and 1.3% in the most recent quarter. The declines deepened in the back half of last year and have moderated somewhat since. But they haven't stopped.

The average ticket, meanwhile, has gone the other way, with comparable-ticket growth accelerating from flat a year ago to gains of 1.4%, 1.8%, 2.4%, and 2.2% over the following four quarters. Customers spent an average of $92.76 per transaction in the most recent quarter, up 2.3% from a year earlier.

But five straight declines is a different signal than one soft quarter. It suggests transactions have stopped growing, even as each one rings up a little more. Bigger receipts can come from higher prices, from customers choosing pricier items, or both.

The result is comparable sales that have barely moved: up 0.2%, 0.4%, and 0.6% over the past three quarters, with U.S. comparable sales up just 0.4% in the latest period. Home Depot is ringing up slightly fewer transactions at a slightly higher average ticket, and the two nearly cancel out.

The pro business is filling the gap If comparable sales grew just 0.6% last quarter, how did total sales grow 4.8%? Mostly through acquisitions. Home Depot bought SRS Distribution, a supplier to professional contractors, in June 2024. And last year it added building-products distributor GMS. Home Depot's transaction and ticket figures exclude these businesses entirely, so the pro-distribution deals are boosting sales without touching the numbers above.

Management, of course, isn't promising a traffic turn this year. Guidance, reaffirmed in May, calls for total sales growth of 2.5% to 4.5%, comparable sales growth of roughly flat to 2%, and diluted earnings per share roughly flat to up 4% from last year's $14.23. First-quarter net earnings slipped to $3.30 per diluted share from $3.45 a year earlier. And the plan still calls for about 15 new store openings this year.

"The underlying demand in our business was relatively similar to what we saw throughout fiscal 2025, despite greater consumer uncertainty and housing affordability pressure," CEO Ted Decker said in the first-quarter release.

That last phrase is the one I keep coming back to. Home Depot's customers aren't defecting to a competitor. They appear to be putting off projects that require a loan or a home sale, and a turn in traffic probably requires help from housing (cheaper borrowing, more homes changing hands) that the company can't provide on its own.

Today's Change

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Tuesday's test The report on Aug. 18 covers the spring selling season, which was Home Depot's biggest sales quarter last year, when the period's sales reached $45.3 billion, up 4.9% year over year. It's the stretch of the year that gives traffic its best shot at turning. If comparable transactions fall again, the streak reaches six quarters, or a year and a half without transaction growth.

The stock trades around $339 as of this writing, about 21% below its 52-week high, at about 24 times earnings.

The business itself looks steady. It generated roughly $13 billion of free cash flow last fiscal year, and the dividend is well covered.

However, earnings per share are guided flat to up 4% this year, and a price-to-earnings multiple in the mid-20s only makes sense if the transaction declines eventually end. For now, the company is offsetting them with bigger tickets and acquisitions, and that can work for a while. Tuesday's report shows whether the streak breaks, or reaches six.

Home Depot CEO Ted Decker is taking a "temporary medical leave of absence" for the next few months and the company has appointed two top deputies to lead until he returns, the retailer announced on Wednesday. 

Ann-Marie Campbell, Home Depot's senior executive vice president of U.S. stores and operations, will oversee day-to-day operations while finance chief Richard McPhail will run financial management and the Pro business, the company said. 

Lead independent director of the board, Greg Brenneman, will take over as chair of the board during Decker's leave. The board of directors made the appointments but they were "in alignment with Decker's recommendation," the company said. 

"The Home Depot has the best management team in retail. Both Ann-Marie and Richard are strong, seasoned executives who have worked together for more than 20 years," Brenneman said in a news release. "We are confident in Ann-Marie's and Richard's ability to lead the company during this time, and we look forward to Ted's return."

The announcement comes just under a week before the company is set to announce fiscal second quarter earnings on Tuesday. Home Depot didn't provide further details on Decker's condition.

Campbell, 61, has worked for Home Depot since 1985, starting as a cashier before working her way up to EVP of stores and operations. McPhail, 56, has been Home Depot's chief financial officer since September 2019 and joined the company in 2005. 

Both of the executives aren't receiving additional pay for taking on the increased responsibilities, according to a securities filing.

, /PRNewswire/ -- The Home Depot, the world's largest home improvement retailer, today announced leadership portfolio changes to accelerate innovation and capture greater share of a large and fragmented total addressable market worth $1.2 trillion.

"To capture greater share of this enormous opportunity, our focus is clear: drive our core and culture, deliver a frictionless interconnected experience and win the Pro," said Ted Decker, chair, president and CEO of The Home Depot. "We are aligning our organization to further support this strategy, enable smarter, faster innovation and create a more seamless customer experience for DIY and Pro customers."

With these changes, the company has unified key leadership portfolios across merchandising, loyalty, finance, pro and technology.

Core and Culture: Unified Core and Private Brands Merchandising – A key element of the company's strategy is its commitment to its core and culture to drive the best customer experience in home improvement. Customer experience starts with having the right products at superior values, which is why The Home Depot focuses on being the product authority in home improvement – delivering the best value for our customers through unmatched quality and innovative brands. To enable better product alignment, the company transitioned its private label merchants into its core merchandising organization, led by Billy Bastek, executive vice president (EVP) of merchandising. Combining product merchandising allows the company to deliver greater innovation to market even faster.

Interconnected Experience: Integrated Offerings – Increasingly, credit and loyalty programs have become a critical part of the interconnected shopping experience. The Home Depot is aligning its customer experience, online, financial services and loyalty teams into a unified interconnected organization, led by Jordan Broggi, EVP of interconnected retail.

By combining these capabilities, the company can offer customers more personalized, seamless financial offers and shopping experiences better tailored to their needs – building increased loyalty and customer satisfaction no matter how they choose to shop. This alignment helps ensure that as customers' shopping habits evolve, The Home Depot's ecosystem evolves with them—delivering more value, ease and consistency from project start to finish.

Win the Pro: The Office of Pro Acceleration – The Pro customer represents an approximately $700 billion total addressable market opportunity. Today, almost every type of Pro shops at The Home Depot, whether they are general contractors, specialty trades or MRO managers maintaining multi-family properties. The company has built an unmatched set of capabilities through organic investments and strategic acquisitions. Today, the company operates an end-to-end Pro ecosystem comprised of more than 2,360 stores, 1,300 branches, 325 customer-facing warehouses and a fleet of approximately 16,000 delivery assets.

To advance its enterprise-wide Pro growth strategy, The Home Depot is evolving its Office of Integration into the Office of Pro Acceleration, led by Richard McPhail, EVP and chief financial officer. This office will spearhead coordination across Home Depot Pro, HD Supply, SRS and Construction Resources to further develop shared enterprise capabilities including enhanced customer relationship management, a shared product catalog and optimized fulfillment across its businesses. Ultimately, the office will help ensure every part of the business works together seamlessly on behalf of the Pro.

Technology Alignment Powering Growth: Technology innovation supports all three pillars of The Home Depot's growth strategy. Earlier this year, the company appointed Fran Bell as EVP and chief technology officer, combining AI, data science, product management, user experience and technology into a unified organization. As part of this continued alignment, the store, supply chain and Pro product technology teams will move into Fran's organization, enabling the company to bring new technology to market faster.

About The Home Depot
The Home Depot is the world's largest home improvement specialty retailer. At the end of the first quarter of fiscal 2026, the company operated a total of 2,361 retail stores and over 1,280 SRS locations across all 50 states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. The Company employs over 470,000 associates. The Home Depot's stock is traded on the New York Stock Exchange (NYSE: HD) and is included in the Dow Jones industrial average and Standard & Poor's 500 index.

Cautionary Note Regarding Forward-Looking Statements 
All statements made in this release that are not historical constitute "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on currently available information and current assumptions, expectations and projections of The Home Depot (the "company") about future events, and use words such as "may," "will," "could," "should," "would," "anticipate," "intend," "estimate," "project," "plan," "believe," "expect," "target," "prospects," "potential," "commit" and "forecast," or words of similar import or meaning or refer to future time periods. They are not guarantees of future performance and are subject to future events, risks and uncertainties – many of which are beyond the company's control, dependent on the actions of third parties, or unknown to the company – as well as potentially inaccurate assumptions that could cause actual results to differ materially. These risks and uncertainties include, but are not limited to, those described in the "Risk Factors" section and elsewhere in the company's most recently filed Annual Report on Form 10-K, and also as described from time to time in reports subsequently filed with the Securities and Exchange Commission. The company encourages you to review these filings. Forward-looking statements speak only as of the date they are made, and the company does not undertake to update these statements other than as required by law. You are advised, however, to review any further disclosures the company makes on related subjects in its filings with the Securities and Exchange Commission and in its other public disclosures.

SOURCE The Home Depot