Home Depot (NYSE:HD) Stock Sale Revealed by Rep. Rick Larsen

Representative Rick Larsen (Democratic-Washington) recently sold shares of The Home Depot, Inc. (NYSE:HD). In a filing disclosed on October 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in Home Depot stock on October 8th. The trade occurred in the Representative’s “RICHARD R LARSEN IRA” account.

Representative Rick Larsen also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of FedEx (NYSE:FDX) on 10/8/2026.
• Purchased $1,001 – $15,000 in shares of Analog Devices (NASDAQ:ADI) on 10/8/2026.
• Purchased $1,001 – $15,000 in shares of Williams-Sonoma (NYSE:WSM) on 10/8/2026.

Home Depot Stock Up 1.2%

NYSE HD opened at $294.10 on Wednesday. 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 Home Depot, Inc. has a 12 month low of $277.15 and a 12 month high of $397.63. The stock’s 50 day moving average is $315.43 and its 200 day moving average is $324.59. The stock has a market cap of $293.42 billion, a PE ratio of 20.58, a P/E/G ratio of 2.07 and a beta of 1.00.

Home Depot (NYSE:HD) last released its quarterly earnings data on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share (EPS) 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 analysts’ expectations of $47.24 billion. During the same quarter last year, the business posted $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. Research analysts predict that The Home Depot, Inc. will post 15.01 EPS for the current fiscal year.

Home Depot Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 17th. Investors of record on Thursday, September 3rd were issued 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 yield of 3.2%. Home Depot’s payout ratio is currently 65.22%.

Trending Headlines about Home Depot

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

• Positive Sentiment: Home Depot outperformed the broader market in the latest session, suggesting relative investor confidence in the retailer despite weak recent performance and a challenging market backdrop. Home Depot Increases Despite Market Slip: Here’s What You Need to Know
• Positive Sentiment: Strategic investments in artificial intelligence, digital platforms and professional-customer services are supporting sales growth, improving delivery speed and strengthening Home Depot’s longer-term competitive position. How Are Strategic Investments Shaping Home Depot’s Future?
• Neutral Sentiment: The company’s latest reported quarter showed revenue growth of 5.7%, with earnings and sales exceeding analyst expectations, providing fundamental support for the stock even as investors remain focused on the outlook for housing and consumer demand.
• Negative Sentiment: Housing-market weakness remains the primary risk. High borrowing costs and limited home-buying and remodeling activity are weighing on big-ticket projects, a pressure largely outside Home Depot’s control and a reason the stock has lagged the S&P 500 over the past year. What Is The One Risk Every Home Depot Investor Should Know?

Insider Activity

In related news, CAO Kimberly R. Scardino sold 675 shares of the company’s stock in a transaction that occurred on Thursday, September 10th. The shares were 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 approximately $2,505,424.55. This represents a 7.62% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Richard V. Mcphail sold 5,989 shares of the firm’s 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 sale, the chief financial officer owned 48,104 shares in the company, valued at approximately $16,759,433.60. This trade represents a 11.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 9,829 shares of company stock valued at $3,339,314. 0.08% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

HD has been the subject of a number of research analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of Home Depot in a research report on Friday, October 2nd. KeyCorp reissued a “sector weight” rating on shares of Home Depot in a research note on Wednesday, August 19th. TD Cowen restated a “buy” rating on shares of Home Depot in a report on Monday, August 10th. Melius Research set a $397.00 price objective on Home Depot in a research note on Tuesday, October 6th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a $398.00 price objective on shares of Home Depot in a report on Tuesday, August 18th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned 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 stock has a consensus rating of “Moderate Buy” and a consensus target price of $375.93.

Hedge Funds Weigh In On Home Depot

A number of institutional investors and hedge funds have recently made changes to their positions in HD. BlackRock Inc. acquired a new position in Home Depot in the 2nd quarter valued at about $28,771,247,000. State Street Corp lifted its holdings in Home Depot by 1.1% in 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 in the last quarter. Bank of America Corp DE acquired a new stake in shares of Home Depot during the 2nd quarter worth about $5,780,468,000. Bank of New York Mellon Corp acquired a new stake in shares of Home Depot during the 2nd quarter worth about $2,777,396,000. Finally, Corient Private Wealth LP acquired a new stake in shares of Home Depot during the 2nd quarter worth about $390,913,000. 70.86% of the stock is owned by hedge funds and other institutional investors.

About Representative Larsen

Rick Larsen (Democratic Party) is a member of the U.S. House, representing Washington’s 2nd Congressional District. He assumed office on January 3, 2001. His current term ends on January 3, 2027.

Larsen (Democratic Party) is running for re-election to the U.S. House to represent Washington’s 2nd Congressional District. He declared candidacy for the 2026 election.

Since at least 2011, Larsen has been assigned to the Committee on Armed Services and the Committee on Transportation and Infrastructure.

Larsen’s first position as an elected official was in 1998 as a member of the Snohomish County Council.

Larsen earned his bachelor’s degree from Pacific Lutheran University. After earning his master’s degree in public affairs from the University of Minnesota, Larsen worked as the director of public affairs for the Washington State Dental Association and then as an economic development official with the Port of Everett. He went on to serve on the Snohomish County Council before seeking election to the U.S. House.

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.