Home Depot (NYSE:HD) Stock Purchase Reported by Rep. David Taylor

Key Points

• Rep. David Taylor purchased between $1,001 and $15,000 of Home Depot shares on September 22, 2026, in his trust-linked 401(k) account. He also bought Amgen shares and sold Marathon Petroleum stock the same day.
• Home Depot’s latest quarterly results exceeded expectations, with earnings per share of $4.92 versus the $4.73 consensus and revenue of $47.86 billion. The company pays a quarterly dividend of $2.33 per share, equivalent to a 3.3% annual yield.
• The stock opened at $283.02, well below its 12-month high of $397.63, while analysts maintain a “Moderate Buy” consensus and an average price target of $375.18. Risks include the company’s buyback pause, recent share-price decline, elevated debt, and insider selling.

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 Home Depot stock opened at $283.02 on Friday. 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 has a 50 day moving average of $322.40 and a 200 day moving average of $326.75. The firm has a market cap of $282.36 billion, a PE ratio of 19.81, a PEG ratio of 3.11 and a beta of 1.00.

Home Depot (NYSE:HD - Get Free Report) last posted its quarterly earnings data on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share for the quarter, beating analysts' consensus estimates of $4.73 by $0.19. The business had revenue of $47.86 billion for 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 revenue was up 5.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $4.68 earnings per share. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. On average, research analysts expect that The Home Depot, Inc. will post 15 EPS for the current fiscal year.

Home Depot Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd were given a dividend of $2.33 per share. The ex-dividend date was Thursday, September 3rd. This represents a $9.32 annualized dividend and a dividend yield of 3.3%. Home Depot's dividend payout ratio (DPR) is presently 65.22%.

More Home Depot News

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?

Insider Buying and Selling at Home Depot

In related news, CAO Kimberly R. Scardino sold 675 shares of the business's stock in a transaction dated Thursday, September 10th. The shares were sold at an average price of $305.95, for a total transaction of $206,516.25. Following the sale, the chief accounting officer owned 8,189 shares of the company's stock, valued at approximately $2,505,424.55. The trade was a 7.62% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Teresa Roseborough sold 2,455 shares of the stock in a transaction dated Friday, August 28th. The shares were 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 of the company's stock, valued at approximately $4,622,834.97. This trade represents a 14.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 9,829 shares of company stock worth $3,339,314. 0.08% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Mizuho boosted their price target on Home Depot from $385.00 to $390.00 and gave the stock an "outperform" rating in a research note on Wednesday, August 19th. Truist Financial boosted their target price 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. Weiss Ratings raised Home Depot from a "hold (c-)" rating to a "hold (c)" rating in a research report on Tuesday, July 7th. Argus reiterated a "buy" rating and set a $400.00 price objective on shares of Home Depot in a research note on Wednesday, August 19th. Finally, Stifel Nicolaus upped their target price on Home Depot from $320.00 to $340.00 and gave the stock a "hold" rating in a research note on Monday, August 17th. Eighteen analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $375.18.

Institutional Trading of Home Depot

Large investors have recently added to or reduced their stakes in the stock. BlackRock Inc. acquired a new position in Home Depot in the 2nd quarter valued at about $28,771,247,000. State Street Corp increased its stake in Home Depot by 1.1% during the second quarter. State Street Corp now owns 47,175,026 shares of the home improvement retailer's stock worth $16,637,688,000 after acquiring an additional 499,168 shares during 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. Capital World Investors lifted its position in Home Depot by 1.6% in the fourth quarter. Capital World Investors now owns 13,147,117 shares of the home improvement retailer's stock valued at $4,524,166,000 after buying an additional 201,694 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its holdings in shares of Home Depot by 6.4% in the fourth quarter. Bank of New York Mellon Corp now owns 8,103,189 shares of the home improvement retailer's stock valued at $2,788,307,000 after purchasing an additional 490,548 shares in the last quarter. 70.86% of the stock is currently owned by hedge funds and other institutional investors.

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.

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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