Representative David Taylor (Republican-Ohio) recently bought shares of The Home Depot, Inc. (NYSE:HD). In a filing disclosed on October 1st, the Representative disclosed that they had bought between $1,001 and $15,000 in Home Depot stock on September 22nd. The trade occurred in the Representative’s “DAVID TAYLOR TRUST > SARDINIA READY MIX 401(K) – DAVE” account.
Representative David Taylor also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of Marathon Petroleum (NYSE:MPC) on 9/22/2026.
- Purchased $1,001 – $15,000 in shares of Amgen (NASDAQ:AMGN) on 9/22/2026.
- Purchased $1,001 – $15,000 in shares of Installed Building Products (NYSE:IBP) on 9/8/2026.
- Purchased $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 9/8/2026.
- Sold $1,001 – $15,000 in shares of Amgen (NASDAQ:AMGN) on 8/26/2026.
- Sold $1,001 – $15,000 in shares of Vertex Pharmaceuticals (NASDAQ:VRTX) on 8/26/2026.
- Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 8/26/2026.
- Purchased $1,001 – $15,000 in shares of Fifth Third Bancorp (NASDAQ:FITB) on 8/26/2026.
- Purchased $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 8/26/2026.
- Purchased $1,001 – $15,000 in shares of American Electric Power (NASDAQ:AEP) on 8/26/2026.
Home Depot Price Performance
Shares of NYSE:HD opened at $283.02 on Friday. The company has a market cap of $282.36 billion, a P/E ratio of 19.81, a P/E/G ratio of 3.11 and a beta of 1.00. The business has a fifty day simple moving average of $322.40 and a 200-day simple moving average of $326.75. The Home Depot, Inc. has a 52 week low of $277.15 and a 52 week high of $397.63. The company has a quick ratio of 0.31, a current ratio of 1.08 and a debt-to-equity ratio of 2.64.
Home Depot Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd were given a $2.33 dividend. The ex-dividend date of this dividend was Thursday, September 3rd. This represents a $9.32 dividend on an annualized basis and a dividend yield of 3.3%. Home Depot’s payout ratio is currently 65.22%.
Analyst Upgrades and Downgrades
HD has been the subject of a number of research analyst reports. Wells Fargo & Company upped 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. Jefferies Financial Group reissued a “buy” rating and set a $398.00 price target on shares of Home Depot in a research report on Tuesday, August 18th. Gordon Haskett upped their price target on Home Depot from $320.00 to $330.00 in a research note on Friday, June 12th. Truist Financial raised their price objective on Home Depot from $369.00 to $373.00 and gave the stock a “buy” rating in a report on Wednesday, August 19th. Finally, Guggenheim reaffirmed a “buy” rating and issued a $425.00 price objective on shares of Home Depot in a research note on Wednesday, August 19th. 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, Home Depot presently has a consensus rating of “Moderate Buy” and a consensus price target of $375.18.
View Our Latest Stock Analysis on Home Depot
Insiders Place Their Bets
In other news, EVP Teresa 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 transaction of $807,130.35. Following the completion of the transaction, the executive vice president directly owned 14,061 shares in the company, valued at approximately $4,622,834.97. The trade was a 14.86% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Michael Rowe sold 710 shares of the 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 of the company’s stock, valued at $2,302,764.88. This trade represents a 9.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 9,829 shares of company stock valued at $3,339,314. Corporate insiders own 0.08% of the company’s stock.
Hedge Funds Weigh In On Home Depot
Several hedge funds and other institutional investors have recently modified their holdings of HD. QRG Capital Management Inc. increased its holdings in shares of Home Depot by 7.0% in the 2nd quarter. QRG Capital Management Inc. now owns 172,877 shares of the home improvement retailer’s stock worth $60,970,000 after acquiring an additional 11,256 shares during the period. Envestnet Portfolio Solutions Inc. grew its position in Home Depot by 9.6% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 49,096 shares of the home improvement retailer’s stock worth $17,315,000 after purchasing an additional 4,292 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in shares of Home Depot by 0.4% in the second quarter. Envestnet Asset Management Inc. now owns 2,596,155 shares of the home improvement retailer’s stock valued at $915,609,000 after purchasing an additional 10,708 shares during the period. State Street Corp increased its stake in shares of Home Depot by 1.1% in the second 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. Finally, Security National Bank of Sioux City Iowa IA raised its holdings in shares of Home Depot by 30.9% during the second quarter. Security National Bank of Sioux City Iowa IA now owns 8,093 shares of the home improvement retailer’s stock valued at $2,854,000 after buying an additional 1,909 shares during the last quarter. Institutional investors and hedge funds 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 has an average brokerage recommendation equivalent to Buy, and the stock’s recent decline may attract value-oriented investors. However, the article cautions that sell-side ratings can be overly optimistic and should not be viewed as a standalone buy signal. Is It Worth Investing in Home Depot Based on Wall Street’s Bullish Views?
- Positive Sentiment: Home Depot has returned approximately $65.6 billion to shareholders through dividends and repurchases over five years. Management is also investing in professional-customer initiatives, including an Express Delivery rollout intended to support contractors and potentially strengthen long-term growth. Is Home Depot A Bargain After Its Buyback Pause And Share Price Slide?
- Neutral Sentiment: Analysts recently rated Home Depot a “Moderate Buy,” reinforcing broadly constructive sentiment but offering no new fundamental catalyst for the stock. The Home Depot Stock Rated Moderate Buy by Wall Street Brokerages
- Neutral Sentiment: Coverage notes that Home Depot’s rival True Value is consolidating operations and closing a long-operating facility. This may highlight industry restructuring but has limited direct impact on Home Depot’s near-term results. Beloved Home Depot Rival Hardware Chain Store Closes
- Negative Sentiment: The buyback pause since March 2024 has reduced a source of share-price support, while directing cash toward debt reduction and growth projects places greater emphasis on execution and cash generation. Buyback Pause and Share Price Slide
- Negative Sentiment: Home Depot has fallen substantially over the past month despite a relatively stable broader market. Analysts warn that a wider market downturn could increase downside risk, particularly because the stock remains well below its key moving averages. How Risky Is Home Depot Stock?
About Representative Taylor
David Taylor (Republican Party) is a member of the U.S. House, representing Ohio’s 2nd Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Taylor (Republican Party) ran for election to the U.S. House to represent Ohio’s 2nd Congressional District. He won in the general election on November 5, 2024.
David Taylor graduated from Amelia High School. Taylor earned degrees from Miami University (Ohio) and the University of Dayton School of Law. Taylor’s career experience includes working as an attorney and as a businessman at Sardinia Ready Mix, Inc.
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.
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