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Home Depot (NYSE:HD) Stock Sale Disclosed by Rep. Kevin Hern

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Key Points

  • Rep. Kevin Hern disclosed selling $15,001–$50,000 of Home Depot shares on September 10 from the Hern Family Foundation account, following additional Home Depot sales on September 14.
  • Home Depot’s latest quarter exceeded expectations, with EPS of $4.92 and revenue of $47.86 billion, while revenue rose 5.7% year over year. The company also maintains a $2.33 quarterly dividend, yielding approximately 3.2% annually.
  • Shares opened at $289.81, well below the analyst consensus target of $375.18; analysts maintain a “Moderate Buy” consensus, though higher mortgage rates and weak housing activity remain key risks.
  • Five stocks we like better than Home Depot.

Representative Kevin Hern (Republican-Oklahoma) recently sold shares of The Home Depot, Inc. NYSE: HD. In a filing disclosed on September 25th, the Representative disclosed that they had sold between $15,001 and $50,000 in Home Depot stock on September 10th. 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 CenterPoint Energy NYSE: CNP on 9/15/2026.
  • Sold $1,001 - $15,000 in shares of TJX Companies NYSE: TJX on 9/15/2026.
  • Sold $15,001 - $50,000 in shares of STERIS NYSE: STE on 9/15/2026.
  • Sold $1,001 - $15,000 in shares of Seagate Technology NASDAQ: STX on 9/15/2026.
  • Sold $15,001 - $50,000 in shares of NextEra Energy NYSE: NEE on 9/14/2026.
  • Sold $1,001 - $15,000 in shares of Marsh & McLennan Companies NYSE: MRSH on 9/14/2026.
  • Sold $15,001 - $50,000 in shares of IQVIA NYSE: IQV on 9/14/2026.
  • Sold $15,001 - $50,000 in shares of Home Depot NYSE: HD on 9/14/2026.
  • Sold $1,001 - $15,000 in shares of Home Depot NYSE: HD on 9/14/2026.
  • Sold $15,001 - $50,000 in shares of Emerson Electric NYSE: EMR on 9/14/2026.

Home Depot Stock Performance

NYSE:HD opened at $289.81 on Tuesday. The company has a debt-to-equity ratio of 2.64, a quick ratio of 0.31 and a current ratio of 1.08. The Home Depot, Inc. has a fifty-two week low of $289.10 and a fifty-two week high of $410.95. The business has a 50 day moving average price of $326.05 and a 200-day moving average price of $328.27. The firm has a market cap of $289.14 billion, a PE ratio of 20.28, a price-to-earnings-growth ratio of 3.23 and a beta of 0.95.

Home Depot (NYSE:HD - Get Free Report) last posted its quarterly earnings results 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. The company had revenue of $47.86 billion during the quarter, compared to analyst estimates of $47.24 billion. Home Depot had a net margin of 8.41% and a return on equity of 106.42%. The firm's revenue was up 5.7% compared to the same quarter last year. During the same period in the prior year, the business posted $4.68 EPS. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. Equities research analysts predict that The Home Depot, Inc. will post 15 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 $2.33 dividend. This represents a $9.32 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date of this dividend was Thursday, September 3rd. Home Depot's payout ratio is 65.22%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. BlackRock Inc. purchased a new position in Home Depot in the second quarter worth about $28,771,247,000. Bank of America Corp DE bought a new stake in shares of Home Depot during the 2nd quarter valued at about $5,780,468,000. Norges Bank purchased a new stake in shares of Home Depot during the 4th quarter valued at about $4,850,329,000. Bank of New York Mellon Corp purchased a new stake in shares of Home Depot during the 2nd quarter valued at about $2,777,396,000. Finally, Corient Private Wealth LP bought a new position in shares of Home Depot in the 2nd quarter worth approximately $390,913,000. Institutional investors own 70.86% of the company's stock.

Insider Buying and Selling at Home Depot

In related news, EVP Teresa Roseborough sold 2,455 shares of the business's stock in a transaction that occurred on 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 sale, the executive vice president directly owned 14,061 shares in the company, valued at approximately $4,622,834.97. The trade was a 14.86% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Michael Rowe sold 710 shares of Home Depot stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $336.76, for a total transaction of $239,099.60. Following the transaction, the executive vice president owned 6,838 shares in the company, valued at $2,302,764.88. This represents a 9.41% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 9,829 shares of company stock worth $3,339,314. 0.08% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of research analysts have commented on the company. Argus reaffirmed a "buy" rating and set a $400.00 price target on shares of Home Depot in a research report on Wednesday, August 19th. Truist Financial lifted their target price on shares of Home Depot from $369.00 to $373.00 and gave the company a "buy" rating in a report on Wednesday, August 19th. Sanford C. Bernstein dropped their target price on shares of Home Depot from $354.00 to $344.00 and set a "market perform" rating on the stock in a research note on Wednesday, September 9th. Guggenheim reissued a "buy" rating and issued a $425.00 target price on shares of Home Depot in a research report on Wednesday, August 19th. Finally, Wall Street Zen upgraded shares of Home Depot from a "sell" rating to a "hold" rating in a research report on Tuesday, June 2nd. Eighteen research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Home Depot has a consensus rating of "Moderate Buy" and an average price target of $375.18.

Read Our Latest Stock Analysis on Home Depot

Trending Headlines about Home Depot

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

  • Positive Sentiment: Home Depot remains the dominant U.S. home-improvement retailer, and a Wall Street Journal analysis identified it as the highest-returning U.S. stock over the past 45 years. Its long-term record supports the case for patient investors. What Actually Made Home Depot Wall Street’s Best-Kept Compounding Secret?
  • Positive Sentiment: The company’s latest reported quarter was better than expected, with earnings per share of $4.92 versus the $4.73 consensus and revenue of $47.86 billion, up 5.7% year over year. This provides some support for the long-term investment case despite near-term pressure.
  • Neutral Sentiment: Home Depot is attracting unusually high investor attention, but the Zacks coverage does not identify a new business catalyst; it primarily encourages investors to reassess the company’s valuation, outlook, and risks. Is Most-Watched Stock The Home Depot Worth Betting on Now?
  • Negative Sentiment: Higher mortgage rates are the clearest near-term headwind. Rates around 7.5% are already weakening housing activity, while a potential rise toward 9% could further reduce home purchases, remodeling projects, and existing-home inventory turnover. Weak results from homebuilders Lennar and KB Home reinforce concerns about housing demand. Mortgage Rates Could Hit 9%
  • Negative Sentiment: Analysts and commentators are also pointing to fundamental weakness, including a prolonged housing turnover freeze and uncertainty over whether Home Depot can sustain its dividend if conditions remain depressed. Shares are roughly 32% below their all-time high and below their 50-day and 200-day moving averages, signaling persistent market caution. Home Depot Is 32% Below Its All-Time High

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

(Get Free Report)

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.

See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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