Home Depot (NYSE:HD) Stock Sold Off by Rep. Kevin Hern

Representative Kevin Hern (Republican-Oklahoma) recently sold shares of The Home Depot, Inc. (NYSE:HD). In a filing disclosed on October 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in Home Depot stock on September 23rd. The trade occurred in the Representative’s “HERN FAMILY FOUNDATION” account.

Representative Kevin Hern also recently made the following trade(s):

• Sold $15,001 – $50,000 in shares of NextEra Energy (NYSE:NEE) on 10/2/2026.
• Sold $15,001 – $50,000 in shares of Lockheed Martin (NYSE:LMT) on 9/23/2026.
• Sold $50,001 – $100,000 in shares of Devon Energy (NYSE:DVN) on 9/23/2026.
• Sold $15,001 – $50,000 in shares of Devon Energy (NYSE:DVN) on 9/23/2026.
• Sold $15,001 – $50,000 in shares of Starbucks (NASDAQ:SBUX) on 9/23/2026.
• Sold $50,001 – $100,000 in shares of Marsh & McLennan Companies (NYSE:MRSH) on 9/23/2026.
• Sold $15,001 – $50,000 in shares of UnitedHealth Group (NYSE:UNH) on 9/23/2026.
• Sold $15,001 – $50,000 in shares of Chevron (NYSE:CVX) on 9/23/2026.
• Sold $1,001 – $15,000 in shares of Chubb (NYSE:CB) on 9/23/2026.
• Sold $15,001 – $50,000 in shares of Lockheed Martin (NYSE:LMT) on 9/17/2026.

Home Depot Price Performance

Shares of HD stock opened at $308.11 on Friday. The Home Depot, Inc. has a 52 week low of $277.15 and a 52 week high of $397.63. The stock has a market capitalization of $307.40 billion, a PE ratio of 19.95, a PEG ratio of 2.10 and a beta of 1.00. 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 stock’s fifty day moving average is $313.43 and its 200-day moving average is $324.26.

Home Depot (NYSE:HD) last released 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. The business had revenue of $47.86 billion during 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 firm’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same period in the previous year, the business posted $4.68 earnings per share. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. Equities research analysts expect that The Home Depot, Inc. will post 15.01 EPS for the current fiscal year.

Home Depot Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd were issued a dividend of $2.33 per share. This represents a $9.32 annualized dividend and a dividend yield of 3.0%. The ex-dividend date was Thursday, September 3rd. Home Depot’s dividend payout ratio is presently 65.22%.

Institutional Investors Weigh In On Home Depot

Several large investors have recently made changes to their positions in HD. Zeit Capital LLC acquired a new stake in Home Depot in the 2nd quarter valued at approximately $26,000. Cache Advisors LLC acquired a new position in Home Depot during the 1st quarter worth approximately $27,000. Abound Financial LLC acquired a new position in Home Depot during the 4th quarter worth approximately $29,000. Osbon Capital Management LLC acquired a new position in Home Depot during the 4th quarter worth approximately $29,000. Finally, Principia Wealth Advisory LLC grew its stake in shares of Home Depot by 60.4% during the 2nd quarter. Principia Wealth Advisory LLC now owns 85 shares of the home improvement retailer’s stock worth $30,000 after acquiring an additional 32 shares in the last quarter. Institutional investors own 70.86% of the company’s stock.

Insider Buying and Selling at Home Depot

In other news, CAO Kimberly Scardino sold 675 shares of Home Depot stock in a transaction that occurred on Thursday, September 10th. The shares were sold at an average price of $305.95, for a total value of $206,516.25. Following the sale, the chief accounting officer directly owned 8,189 shares in the company, valued at $2,505,424.55. This trade represents a 7.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Richard McPhail sold 5,989 shares of Home Depot stock in a transaction that occurred 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 completion of the sale, 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 9,829 shares of company stock valued at $3,339,314 over the last quarter. Insiders own 0.08% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on HD. UBS Group reissued a “buy” rating on shares of Home Depot in a research note on Thursday, September 17th. DA Davidson reaffirmed a “buy” rating and set a $377.00 price objective on shares of Home Depot in a research note on Wednesday, August 19th. Melius Research set a $397.00 price objective on Home Depot in a research note on Tuesday, October 6th. Argus reiterated a “buy” rating and issued a $400.00 price objective on shares of Home Depot in a report on Wednesday, August 19th. Finally, Mizuho upped their price objective on Home Depot from $385.00 to $390.00 and gave the company an “outperform” rating in a report on Wednesday, August 19th. One analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $375.93.

Key Headlines Impacting Home Depot

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

• Positive Sentiment: Consumer-stock rotation provided a tailwind. Home Depot was among consumer companies benefiting as investors moved money out of technology stocks, improving sentiment toward the home-improvement retailer. These Consumer Stocks Are Getting a Lift as Investors Rotate Out of Tech
• Positive Sentiment: Customer spending remains resilient. A rising average ticket, growth in big-ticket purchases and sustained demand from professional customers are helping offset softer customer visits and housing-market pressure. Home Depot’s Rising Average Ticket Offsets Softer Customer Visits
• Positive Sentiment: Analyst support improved sentiment. Evercore ISI initiated or reiterated a Buy rating, while commentary pointed to a potential catalyst outside Home Depot’s control—likely an improvement in housing-market conditions—that could materially improve its outlook. Home Depot Gets a Buy from Evercore ISI
• Neutral Sentiment: Recent earnings provide a solid base. Home Depot previously exceeded quarterly earnings and revenue expectations, with sales up year over year, and reaffirmed fiscal 2026 comparable-sales guidance of 0% to 2%.
• Negative Sentiment: Flat comparable sales remain a concern. U.S. comparable sales grew only 1.3% in the latest quarter, and a flat result for fiscal 2026 could limit revenue and earnings growth, potentially pressuring the valuation. What Would Flat Store Sales Do To Home Depot Stock?

About Representative Hern

Kevin Hern (Republican Party) is a member of the U.S. House, representing Oklahoma’s 1st Congressional District. He assumed office on November 13, 2018. His current term ends on January 3, 2027.

Hern (Republican Party) is running for re-election to the U.S. House to represent Oklahoma’s 1st Congressional District. He declared candidacy for the 2026 election.

Kevin Hern went into business as a McDonald’s franchisee in 1999. He acquired 10 McDonald’s franchises by 2012. He served on the McDonald’s National Leadership Team for 13 years, including the tax policy team, the insurance corporation, and as chairman of the economics team. From 2011 to 2015, he was chairman of the finance committee of the Oklahoma Turnpike Authority.

About Home Depot

The Home Depot, Inc (NYSE: HD) is a home improvement retailer serving do-it-yourself customers, professional contractors, and other trade professionals. The company sells building materials, appliances, décor, hardware, plumbing and electrical supplies, tools, outdoor products, and lawn and garden merchandise through its retail stores and digital platforms.

Home Depot also provides services such as installation, equipment rental, delivery, and project support. Its professional customer offerings include job-lot quantities, delivery solutions, credit services, and tools designed to help contractors manage construction and renovation projects.