Home Depot (NYSE:HD) Shares Unloaded by Rep. Rick Larsen

Key Points

• Rep. Rick Larsen sold $1,001–$15,000 of Home Depot stock from his IRA on October 8, while also selling FedEx and buying shares of Analog Devices and Williams-Sonoma.
• Home Depot’s latest quarter exceeded expectations, with 5.7% year-over-year revenue growth and EPS of $4.92 versus the $4.73 consensus estimate. The company also pays a quarterly dividend of $2.33 per share, yielding approximately 3.2% annually.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and average price target of $375.93, though housing-market weakness and high borrowing costs remain key risks to big-ticket remodeling demand.

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 Price Performance

Home Depot stock opened at $294.10 on Wednesday. The company has a market cap of $293.42 billion, a P/E ratio of 19.62, a price-to-earnings-growth ratio of 2.07 and a beta of 1.00. The Home Depot, Inc. has a one year low of $277.15 and a one year high of $397.63. The business has a fifty day moving average of $315.43 and a two-hundred day moving average of $324.59. The company has a debt-to-equity ratio of 2.64, a quick ratio of 0.31 and a current ratio of 1.08.

Home Depot (NYSE:HD - Get Free Report) last issued its quarterly earnings data on Tuesday, August 18th. The home improvement retailer reported $4.92 EPS for the quarter, beating analysts' consensus estimates 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 period in the prior year, the company earned $4.68 EPS. The firm's revenue was up 5.7% on a year-over-year basis. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. As a group, analysts predict that The Home Depot, Inc. will post 15.01 earnings per share for the current fiscal year.

Home Depot Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd were paid a dividend of $2.33 per share. This represents a $9.32 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date of this dividend was Thursday, September 3rd. Home Depot's dividend payout ratio is 65.22%.

Key Home Depot News

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?

Analyst Ratings Changes

HD has been the subject of a number of analyst reports. Stifel Nicolaus boosted their price target on Home Depot from $320.00 to $340.00 and gave the stock a "hold" rating in a report on Monday, August 17th. Jefferies Financial Group restated a "buy" rating and issued a $398.00 price objective on shares of Home Depot in a research report on Tuesday, August 18th. UBS Group reaffirmed a "buy" rating on shares of Home Depot in a research note on Thursday, September 17th. Sanford C. Bernstein dropped their price objective on Home Depot from $354.00 to $344.00 and set a "market perform" rating for the company in a research report on Wednesday, September 9th. Finally, Mizuho boosted their target price on shares of Home Depot from $385.00 to $390.00 and gave the company an "outperform" rating in a research note on Wednesday, August 19th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $375.93.

Insider Activity at Home Depot

In related news, CAO Kimberly R. Scardino sold 675 shares of the stock in a transaction on Thursday, September 10th. The stock was sold at an average price of $305.95, for a total value of $206,516.25. Following the transaction, the chief accounting officer directly owned 8,189 shares of the company's stock, valued at approximately $2,505,424.55. This trade represents a 7.62% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Michael F. Rowe sold 710 shares of Home Depot stock in a transaction on Wednesday, August 26th. The shares were 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 owned 6,838 shares in the company, valued at $2,302,764.88. The trade was a 9.41% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 9,829 shares of company stock worth $3,339,314 in the last 90 days. Company insiders own 0.08% of the company's stock.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Woodstock Corp grew its holdings in Home Depot by 0.6% in the third quarter. Woodstock Corp now owns 61,331 shares of the home improvement retailer's stock valued at $17,448,000 after purchasing an additional 338 shares during the period. Echo45 Advisors LLC increased its position in Home Depot by 21.1% during the third quarter. Echo45 Advisors LLC now owns 919 shares of the home improvement retailer's stock worth $261,000 after purchasing an additional 160 shares during the last quarter. Moody National Bank Trust Division raised its stake in Home Depot by 14.5% during the third quarter. Moody National Bank Trust Division now owns 12,851 shares of the home improvement retailer's stock worth $3,656,000 after purchasing an additional 1,624 shares during the period. Hall Laurie J Trustee raised its stake in Home Depot by 1.5% during the third quarter. Hall Laurie J Trustee now owns 13,667 shares of the home improvement retailer's stock worth $3,888,000 after purchasing an additional 200 shares during the period. Finally, QRG Capital Management Inc. boosted 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 valued at $60,970,000 after purchasing an additional 11,256 shares during the last quarter. 70.86% of the stock is currently 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.

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.

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