Home Depot (NYSE:HD) Stock Purchase Disclosed by Rep. Lloyd Doggett

Key Points

• Rep. Lloyd Doggett disclosed purchasing $1,001–$15,000 of Home Depot shares on September 17, adding to recent purchases of PPG Industries, IBM, Johnson & Johnson, and Procter & Gamble.
• Home Depot reported quarterly EPS of $4.92 and revenue of $47.86 billion, beating analyst estimates, while revenue increased 5.7% year over year. The company also pays a quarterly dividend of $2.33, equivalent to a 3.3% annualized yield.
• Analysts give HD a “Moderate Buy” consensus rating with an average price target of $375.93, though slower sales growth, high interest rates, and weak housing activity remain key risks.

Representative Lloyd Doggett (Democratic-Texas) recently bought shares of The Home Depot, Inc. NYSE: HD. In a filing disclosed on October 5th, the Representative disclosed that they had bought between $1,001 and $15,000 in Home Depot stock on September 17th.

Representative Lloyd Doggett also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of PPG Industries NYSE: PPG on 9/11/2026.
• Purchased $1,001 - $15,000 in shares of International Business Machines NYSE: IBM on 9/10/2026.
• Purchased $1,001 - $15,000 in shares of Johnson & Johnson NYSE: JNJ on 9/8/2026.
• Purchased $1,001 - $15,000 in shares of Procter & Gamble NYSE: PG on 8/17/2026.

Home Depot Stock Performance

HD opened at $286.70 on Wednesday. The company has a quick ratio of 0.31, a current ratio of 1.08 and a debt-to-equity ratio of 2.64. The stock's 50 day moving average price is $320.16 and its two-hundred day moving average price is $325.90. The firm has a market capitalization of $286.04 billion, a P/E ratio of 20.06, a price-to-earnings-growth ratio of 2.00 and a beta of 1.00. The Home Depot, Inc. has a 12-month low of $277.15 and a 12-month high of $397.63.

Home Depot (NYSE:HD - Get Free Report) last issued its quarterly earnings results on Tuesday, August 18th. The home improvement retailer reported $4.92 EPS for the quarter, topping analysts' consensus estimates of $4.73 by $0.19. Home Depot had a return on equity of 106.42% and a net margin of 8.41%.The company had revenue of $47.86 billion during the quarter, compared to analyst estimates of $47.24 billion. During the same period in the previous year, the company earned $4.68 earnings per share. The company'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. On average, equities analysts forecast that The Home Depot, Inc. will post 15.01 earnings per share for the current year.

Home Depot Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 17th. Shareholders 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 3.3%. Home Depot's dividend payout ratio (DPR) is 65.22%.

Analysts Set New Price Targets

HD has been the subject of several research analyst reports. KeyCorp reiterated a "sector weight" rating on shares of Home Depot in a research note on Wednesday, August 19th. Wells Fargo & Company raised their price target on shares of Home Depot from $360.00 to $400.00 and gave the stock an "overweight" rating in a research report on Tuesday, August 11th. Gordon Haskett boosted their price objective on shares of Home Depot from $320.00 to $330.00 in a report on Friday, June 12th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Home Depot in a research report on Friday. Finally, Argus reaffirmed a "buy" rating and set a $400.00 price objective on shares of Home Depot in a research report on Wednesday, August 19th. Eighteen investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $375.93.

More Home Depot News

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

• Positive Sentiment: Home Depot offers a 5.4% free-cash-flow yield, above the 4.5% median for S&P 500 companies. The discount may appeal to value-oriented investors if the company can stabilize sales growth. Why Is Everyone Ignoring Home Depot Stock's High Cash Yield?
• Positive Sentiment: Analysts continue to view Home Depot as relatively resilient during the weak housing cycle. Repair and maintenance spending, strength among professional customers, and digital growth are helping offset limited housing turnover and affordability challenges. Is Home Depot Still a Defensive Play in a Weak Housing Cycle?
• Positive Sentiment: The company’s ecosystem of stores, contractor relationships, suppliers, distribution, installation services, and delivery supports a long-term competitive advantage. The stock is also trading below its historical valuation, strengthening the potential value case if operating trends improve. Home Depot Stock is Trading Below its Historical Valuation. Should You Buy?
• Neutral Sentiment: Recent coverage highlighted that HD outperformed the broader market during the latest session, but it did not identify a new company-specific catalyst. The move appears to have occurred primarily alongside general market strength. Home Depot Beats Stock Market Upswing
• Negative Sentiment: Jim Cramer said meaningful relief may be limited until interest rates fall, underscoring the stock’s sensitivity to borrowing costs and the housing market. Jim Cramer Sees Little Relief for Home Depot Until Rates Fall
• Negative Sentiment: Home Depot’s sales growth has remained below trend for several years, raising concerns that the market’s low valuation reflects expectations for slower future growth rather than a temporary discount. Massive Update for Home Depot Stock Investors

Institutional Investors Weigh In On Home Depot

A number of institutional investors have recently bought and sold shares of HD. BlackRock Inc. bought a new position in shares of Home Depot during the 2nd quarter worth about $28,771,247,000. Bank of America Corp DE bought a new stake in Home Depot in the second quarter valued at about $5,780,468,000. Bank of New York Mellon Corp acquired a new position in Home Depot in the second quarter worth about $2,777,396,000. Corient Private Wealth LP acquired a new position in Home Depot in the second quarter worth about $390,913,000. Finally, Legal & General Group Plc acquired a new position in Home Depot in the second quarter worth about $1,953,883,000. Institutional investors and hedge funds own 70.86% of the company's stock.

Insider Buying and Selling

In other Home Depot news, EVP Teresa Roseborough sold 2,455 shares of Home Depot 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 sale, the executive vice president directly owned 14,061 shares of the company's stock, valued at approximately $4,622,834.97. The trade was a 14.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Michael Rowe sold 710 shares of the company's stock in a transaction that occurred 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 sale, the executive vice president owned 6,838 shares in the company, valued at approximately $2,302,764.88. This represents a 9.41% decrease in their ownership of the stock. 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 ninety days. Company insiders own 0.08% of the company's stock.

About Representative Doggett

Lloyd Doggett (Democratic Party) is a member of the U.S. House, representing Texas' 37th Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027. Doggett (Democratic Party) is running for re-election to the U.S. House to represent Texas' 37th Congressional District. He declared candidacy for the 2026 election. Lloyd Doggett was born in Austin, Texas. Doggett graduated from Austin High School in 1964. He earned a B.A. from the University of Texas at Austin in 1967 and a J.D. from the University of Texas in 1970. Doggett's career experience includes working as an adjunct professor with the University of Texas School of Law. In the 116th Congress, Doggett served on the House Ways & Means Committee, and he co-founded the House Prescription Drug Taskforce.

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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