Rep. Lloyd Doggett Purchases Shares of The Home Depot, Inc. (NYSE:HD)

Representative Lloyd Doggett (Democratic-Texas) recently bought shares of The Home Depot, Inc. (NYSE:HD). In a filing disclosed on April 06th, the Representative disclosed that they had bought between $1,001 and $15,000 in Home Depot stock on March 26th.

Representative Lloyd Doggett also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of PPG Industries (NYSE:PPG) on 3/12/2026.
• Purchased $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 3/10/2026.
• Purchased $1,001 – $15,000 in shares of Johnson & Johnson (NYSE:JNJ) on 3/10/2026.
• Purchased $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 2/17/2026.

Home Depot Stock Up 5.4%

HD stock opened at $336.06 on Thursday. The company has a current ratio of 1.06, a quick ratio of 0.26 and a debt-to-equity ratio of 3.62. The firm has a market capitalization of $334.72 billion, a PE ratio of 23.62, a PEG ratio of 3.51 and a beta of 1.09. The Home Depot, Inc. has a 1-year low of $315.31 and a 1-year high of $426.75. The business’s 50 day simple moving average is $357.82 and its 200 day simple moving average is $365.74.

Home Depot (NYSE:HD) last posted its earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 earnings per share for the quarter, topping analysts’ consensus estimates of $2.52 by $0.20. The business had revenue of $38.20 billion for the quarter, compared to analyst estimates of $38.01 billion. Home Depot had a return on equity of 134.32% and a net margin of 8.60%.The firm’s revenue was down 3.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $3.13 EPS. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. As a group, research analysts anticipate that The Home Depot, Inc. will post 15.13 EPS for the current year.

Home Depot Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Thursday, March 12th were issued a dividend of $2.33 per share. This represents a $9.32 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend was Thursday, March 12th. This is a boost from Home Depot’s previous quarterly dividend of $2.30. Home Depot’s payout ratio is presently 65.50%.

Analyst Ratings Changes

HD has been the topic of a number of recent analyst reports. UBS Group reissued an “outperform” rating on shares of Home Depot in a report on Tuesday, March 24th. Zacks Research raised Home Depot from a “strong sell” rating to a “hold” rating in a report on Monday, February 9th. Truist Financial set a $424.00 target price on Home Depot in a report on Tuesday, February 24th. Jefferies Financial Group upped their price objective on Home Depot from $424.00 to $454.00 and gave the company a “buy” rating in a report on Tuesday, February 24th. Finally, Sanford C. Bernstein upped their price objective on Home Depot from $381.00 to $390.00 and gave the company a “market perform” rating in a report on Wednesday, February 25th. Twenty investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Home Depot has an average rating of “Moderate Buy” and a consensus price target of $414.17.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Advocate Investing Services LLC acquired a new position in Home Depot in the 4th quarter valued at $25,000. Parvin Asset Management LLC grew its holdings in shares of 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 purchasing an additional 33 shares in the last quarter. Key Capital Management INC acquired a new stake in shares of Home Depot during the 4th quarter worth $28,000. Sagard Holdings Management Inc. acquired a new stake in shares of Home Depot during the 2nd quarter worth $29,000. Finally, Abound Financial LLC acquired a new stake in shares of Home Depot during the 4th quarter worth $29,000. 70.86% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, CFO Richard V. Mcphail sold 2,550 shares of the stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $368.89, for a total transaction of $940,669.50. Following the sale, the chief financial officer directly owned 44,566 shares of the company’s stock, valued at approximately $16,439,951.74. This represents a 5.41% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.10% of the company’s stock.

Home Depot News Summary

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

• Positive Sentiment: Macro/market tailwind: A sharp drop in crude oil and headlines around a temporary Iran ceasefire reduced geopolitical risk and lifted consumer/retail names, providing immediate upward momentum for HD. Home Depot Shares Gain As Oil Crash Lifts Consumer Stocks
• Positive Sentiment: Valuation/contrarian view: Several pieces are framing HD as oversold or attractively discounted after recent weakness, which can prompt buying from value and income-oriented investors given HD’s dividend and long-term positioning. Oversold Home Depot stock not likely to fall much further
• Positive Sentiment: Analyst tweak: Erste Group nudged up its FY2028 EPS forecast for Home Depot (very modest), which supports the narrative that long-term earnings power remains intact despite near-term headwinds. MarketBeat – Erste Group estimate note
• Neutral Sentiment: Market-structure context: Coverage notes that HD is being watched as the Dow tests technical thresholds; that attention can intensify short-term volatility but doesn’t change fundamentals immediately. The Dow Tests a Key Technical Threshold. Watching Apple, Home Depot Stocks.
• Neutral Sentiment: Investor attention: Multiple news outlets and stock screener lists flag HD as a high-interest name (search traffic and “discounted stocks” lists), which can boost trading volume independent of fresh fundamental changes. 3 Discounted Stocks With Strong Rebound Potential
• Negative Sentiment: Business headwinds: Coverage highlights HD at a 52-week low and calls out weakening big-ticket demand, margin pressure from investments, and softer sales vs. year-ago levels — these are the core fundamental reasons for the sell-off that remains a risk to the stock. Home Depot Hits 52-Week Low: Time to Buy Now or Stay Cautious?
• Negative Sentiment: Investor skepticism: High-profile criticism (e.g., Jim Cramer highlighting it as a problematic position) and year-to-date declines amplify negative sentiment and can deter momentum investors. Jim Cramer Turns on Home Depot Stock

About Representative Doggett

Lloyd Doggett (Democratic Party) is a member of the U.S. House, representing Texas’ 37th Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Doggett (Democratic Party) is running for re-election to the U.S. House to represent Texas’ 37th Congressional District. He declared candidacy for the 2026 election.

Lloyd Doggett was born in Austin, Texas. Doggett graduated from Austin High School in 1964. He earned a B.A. from the University of Texas at Austin in 1967 and a J.D. from the University of Texas in 1970. Doggett’s career experience includes working as an adjunct professor with the University of Texas School of Law. In the 116th Congress, Doggett served on the House Ways & Means Committee, and he co-founded the House Prescription Drug Taskforce.

About Home Depot

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.