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

Key Points

• Rep. Kevin Hern sold Home Depot shares worth between $1,001 and $15,000 on September 23 from the Hern Family Foundation account, alongside sales of several other stocks.
• Home Depot shares opened at $295.28, up 0.5%, but remained below their 50-day and 200-day moving averages and well below the 52-week high of $397.63.
• The company recently beat quarterly earnings and revenue estimates and pays an annualized dividend of $9.32 per share, while analysts maintain a “Moderate Buy” consensus with an average price target of $375.93.

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 Stock Up 0.5%

Shares of HD opened at $295.28 on Thursday. The firm has a market cap of $294.60 billion, a PE ratio of 20.66, a price-to-earnings-growth ratio of 2.09 and a beta of 1.00. The company's fifty day moving average is $314.26 and its two-hundred day moving average is $324.36. The Home Depot, Inc. has a fifty-two week low of $277.15 and a fifty-two 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 (NYSE:HD - Get Free Report) last announced 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. The company had revenue of $47.86 billion during the quarter, compared to analysts' expectations of $47.24 billion. Home Depot had a net margin of 8.41% and a return on equity of 106.42%. The business's quarterly revenue was up 5.7% compared to the same quarter last year. During the same period in the previous year, the company earned $4.68 EPS. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. Analysts forecast that The Home Depot, Inc. will post 15.01 earnings per share for the current year.

Home Depot Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, September 17th. Shareholders of record on Thursday, September 3rd were paid a dividend of $2.33 per share. 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 dividend payout ratio (DPR) is currently 65.22%.

Institutional Trading of Home Depot

Several large investors have recently modified their holdings of the business. Zeit Capital LLC acquired a new stake in Home Depot during the second quarter worth $26,000. Cache Advisors LLC bought a new stake in Home Depot in the 1st quarter valued at $27,000. Merkkuri Wealth Advisors LLC acquired a new position in shares of Home Depot in the 1st quarter valued at $28,000. Abound Financial LLC acquired a new position in shares of Home Depot in the 4th quarter valued at $29,000. Finally, Osbon Capital Management LLC acquired a new position in shares of Home Depot in the 4th quarter valued at $29,000. 70.86% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on HD. Truist Financial lifted their price target on shares of Home Depot from $369.00 to $373.00 and gave the company a "buy" rating in a research report on Wednesday, August 19th. Mizuho increased their price objective on shares of Home Depot from $385.00 to $390.00 and gave the stock an "outperform" rating in a research report on Wednesday, August 19th. Guggenheim reissued a "buy" rating and issued a $425.00 price objective on shares of Home Depot in a research report on Wednesday, August 19th. Argus reissued a "buy" rating and issued a $400.00 target price on shares of Home Depot in a research note on Wednesday, August 19th. Finally, Weiss Ratings restated a "hold (c)" rating on shares of Home Depot in a report on Friday, October 2nd. One analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $375.93.

Trending Headlines about Home Depot

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

• Positive Sentiment: Evercore ISI issued a Buy rating: The analyst endorsement provides a near-term catalyst and signals confidence in Home Depot’s earnings outlook and long-term recovery potential. Home Depot (HD) Gets a Buy from Evercore ISI
• Positive Sentiment: Dividend resilience supports investor appeal: Home Depot has continued raising its dividend through four consecutive years of exceptionally low housing turnover. That record may reassure income-focused investors while the company awaits an improvement in housing activity. Home Depot’s Dividend Is Doing Something Most Retail Stocks Cannot
• Positive Sentiment: Recent trading momentum was favorable: Home Depot rose in the latest session even as the broader market declined, indicating relative strength and helping explain the stock’s continued improvement. Home Depot (HD) Increases Despite Market Slip: Here’s What You Need to Know
• Neutral Sentiment: Comparisons with Walmart highlight Home Depot’s smaller scale and greater seasonal sensitivity, underscoring that its results may be more exposed to housing and renovation cycles. Home Depot vs. Walmart: Comparing Scale and Revenue Seasonality
• Negative Sentiment: The dividend story carries a risk: a key quarterly operating figure could weaken the case for continued dividend strength if it deteriorates. Investors should monitor upcoming results closely. Home Depot’s Dividend Is Doing Something Most Retail Stocks Cannot

Insider Buying and Selling at Home Depot

In related news, CFO Richard V. Mcphail sold 5,989 shares of the company's stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $348.40, for a total value of $2,086,567.60. Following the sale, the chief financial officer owned 48,104 shares of the company's stock, valued at $16,759,433.60. The trade was a 11.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Michael F. Rowe sold 710 shares of the stock in a transaction dated Wednesday, August 26th. The stock was sold at an average price of $336.76, for a total transaction 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 position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 9,829 shares of company stock valued at $3,339,314 over the last quarter. 0.08% of the stock is currently owned by insiders.

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.

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