Rep. Kevin Hern Sells Shares of The Home Depot, Inc. (NYSE:HD)

Representative Kevin Hern (Republican-Oklahoma) recently sold shares of The Home Depot, Inc. (NYSE:HD). In a filing disclosed on September 25th, the Representative disclosed that they had sold between $15,001 and $50,000 in Home Depot stock on September 2nd. The trade occurred in the Representative’s “HERN FAMILY REVOCABLE TRUST” account.

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

• Sold $15,001 – $50,000 in shares of CenterPoint Energy (NYSE:CNP) on 9/15/2026.
• Sold $1,001 – $15,000 in shares of TJX Companies (NYSE:TJX) on 9/15/2026.
• Sold $15,001 – $50,000 in shares of STERIS (NYSE:STE) on 9/15/2026.
• Sold $1,001 – $15,000 in shares of Seagate Technology (NASDAQ:STX) on 9/15/2026.
• Sold $15,001 – $50,000 in shares of NextEra Energy (NYSE:NEE) on 9/14/2026.
• Sold $1,001 – $15,000 in shares of Marsh & McLennan Companies (NYSE:MRSH) on 9/14/2026.
• Sold $15,001 – $50,000 in shares of IQVIA (NYSE:IQV) on 9/14/2026.
• Sold $15,001 – $50,000 in shares of Home Depot (NYSE:HD) on 9/14/2026.
• Sold $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 9/14/2026.
• Sold $15,001 – $50,000 in shares of Emerson Electric (NYSE:EMR) on 9/14/2026.

Home Depot Stock Performance

Shares of Home Depot stock traded down $0.31 during trading on Tuesday, hitting $289.58. 921,454 shares of the stock were exchanged, compared to its average volume of 4,370,396. The stock’s fifty day moving average is $326.05 and its 200 day moving average is $328.27. The stock has a market cap of $288.91 billion, a PE ratio of 20.29, a P/E/G ratio of 3.23 and a beta of 0.95. 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 Home Depot, Inc. has a 12 month low of $289.10 and a 12 month high of $407.00.

Home Depot (NYSE:HD) last issued its quarterly earnings data 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 net margin of 8.41% and a return on equity of 106.42%. The firm had revenue of $47.86 billion for the quarter, compared to the consensus estimate of $47.24 billion. During the same period last year, the firm posted $4.68 EPS. Home Depot’s quarterly 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, sell-side analysts anticipate that The Home Depot, Inc. will post 15 EPS for the current year.

Home Depot Dividend Announcement

The company also recently declared 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. The ex-dividend date of this dividend was Thursday, September 3rd. This represents a $9.32 annualized dividend and a dividend yield of 3.2%. Home Depot’s payout ratio is 65.22%.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on HD. Truist Financial lifted their price objective on shares of Home Depot from $369.00 to $373.00 and gave the company a “buy” rating in a research note on Wednesday, August 19th. TD Cowen reiterated a “buy” rating on shares of Home Depot in a research report on Monday, August 10th. DA Davidson reissued a “buy” rating and set a $377.00 target price on shares of Home Depot in a research note on Wednesday, August 19th. Argus restated a “buy” rating and set a $400.00 price target on shares of Home Depot in a research report on Wednesday, August 19th. Finally, Wall Street Zen raised shares of Home Depot from a “sell” rating to a “hold” rating in a research note on Tuesday, June 2nd. Eighteen investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Home Depot currently has an average rating of “Moderate Buy” and a consensus target price of $375.18.

Institutional Investors Weigh In On Home Depot

Several large investors have recently modified their holdings of the stock. BlackRock Inc. purchased a new stake in shares of Home Depot in the 2nd quarter valued at approximately $28,771,247,000. State Street Corp raised its stake in Home Depot by 1.1% during the 2nd quarter. State Street Corp now owns 47,175,026 shares of the home improvement retailer’s stock valued at $16,637,688,000 after purchasing an additional 499,168 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Home Depot by 1.5% in the fourth quarter. Geode Capital Management LLC now owns 23,756,142 shares of the home improvement retailer’s stock valued at $8,151,344,000 after purchasing an additional 343,153 shares in the last quarter. Bank of America Corp DE purchased a new position in shares of Home Depot during the second quarter valued at $5,780,468,000. Finally, Norges Bank acquired a new position in Home Depot during the fourth quarter valued at $4,850,329,000. 70.86% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Home Depot news, CAO Kimberly Scardino sold 675 shares of Home Depot stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of $305.95, for a total transaction of $206,516.25. Following the transaction, the chief accounting officer owned 8,189 shares of the company’s stock, valued at $2,505,424.55. The trade was a 7.62% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Richard 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 completion of 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 disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 9,829 shares of company stock valued at $3,339,314. 0.08% of the stock is owned by insiders.

Key Headlines Impacting Home Depot

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

• Positive Sentiment: Home Depot launched its 2026 holiday decor collection, with products arriving nationwide October 5 and seasonal gift promotions beginning October 29. The offering includes smart trees, app-controlled decorations, power tools and smart-home products; strong holiday demand could provide a near-term sales opportunity. Home Depot Announces 2026 Holiday Decor Collection
• Positive Sentiment: A Wall Street Journal analysis highlighted Home Depot as the highest-returning U.S. stock over the past 45 years, underscoring the company’s long-term compounding record and dominant market position. This supports the long-term investment case, although it is not a direct earnings catalyst. Home Depot’s Long-Term Compounding Record
• Neutral Sentiment: Recent analysis has focused on whether Home Depot’s dividend remains secure if housing activity stays frozen. The company’s dividend is viewed as an important shareholder return, but its sustainability depends on cash flow, earnings and the duration of weak housing turnover. Is Home Depot’s Dividend Safe if Housing Stays Frozen?
• Negative Sentiment: Mortgage rates near 7.5% are already weighing on housing and homebuilder revenue, while one economist warned that rates could reach 9% in an extreme scenario. Such conditions could further suppress home sales, remodeling activity and demand for Home Depot’s big-ticket merchandise. Homebuilding Stocks Feel Higher Mortgage Rates
• Negative Sentiment: Commentary characterizes Home Depot as operating from a position of fundamental weakness despite its market leadership, citing the prolonged housing slowdown as a reason for caution. This reinforces the near-term risk that elevated rates will delay a meaningful recovery in comparable sales. One Reason to Avoid 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.

Home Depot Company Profile

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.