Home Depot (NYSE:HD) Stock Unloaded by Rep. Pete Sessions

Key Points

• Rep. Pete Sessions sold $1,001–$15,000 of Home Depot stock from his ET IRA account on October 22, according to a congressional disclosure. He also reported selling shares of several other companies, including Lowe’s, Amazon, Disney and Berkshire Hathaway.
• Home Depot shares opened at $317.45, down 0.3%, with the stock trading below its 200-day moving average and well below its 52-week high of $397.63.
• Despite recent insider selling, Home Depot reported stronger-than-expected quarterly earnings and revenue, pays a 2.9% dividend yield, and has a “Moderate Buy” consensus analyst rating with a $375.31 target price.

Representative Pete Sessions (Republican-Texas) recently sold shares of The Home Depot, Inc. NYSE: HD. In a filing disclosed on October 27th, the Representative disclosed that they had sold between $1,001 and $15,000 in Home Depot stock on October 22nd. The trade occurred in the Representative's "ET IRA" account.

Representative Pete Sessions also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Walt Disney NYSE: DIS on 10/28/2026.
• Sold $15,001 - $50,000 in shares of Amazon.com NASDAQ: AMZN on 10/27/2026.
• Sold $1,001 - $15,000 in shares of McDonald's NYSE: MCD on 10/27/2026.
• Sold $15,001 - $50,000 in shares of Lowe's Companies NYSE: LOW on 10/22/2026.
• Sold $1,001 - $15,000 in shares of Solstice Advanced Mat NASDAQ: SOLS on 10/21/2026.
• Sold $1,001 - $15,000 in shares of PepsiCo NASDAQ: PEP on 10/21/2026.
• Sold $0 - $1,000 in shares of Resideo Technologies NYSE: REZI on 10/21/2026.
• Sold $1,001 - $15,000 in shares of International Business Machines NYSE: IBM on 10/20/2026.
• Sold $15,001 - $50,000 in shares of Berkshire Hathaway NYSE: BRK.B on 10/15/2026.
• Sold $15,001 - $50,000 in shares of Chevron NYSE: CVX on 10/14/2026.

Home Depot Stock Down 0.3%

Home Depot stock opened at $317.45 on Thursday. The firm has a market capitalization of $316.72 billion, a price-to-earnings ratio of 22.22, a price-to-earnings-growth ratio of 2.27 and a beta of 1.00. The firm's fifty day moving average price is $308.86 and its two-hundred day moving average price is $335.37. The Home Depot, Inc. has a 1-year low of $277.15 and a 1-year high of $397.63. The company has a current ratio of 1.08, a quick ratio of 0.31 and a debt-to-equity ratio of 2.64.

Home Depot (NYSE:HD - Get Free Report) last posted its earnings results on Tuesday, August 18th. The home improvement retailer reported $4.92 EPS for the quarter, topping the consensus estimate of $4.73 by $0.19. Home Depot had a net margin of 8.41% and a return on equity of 106.42%. The company had revenue of $47.86 billion during the quarter, compared to the consensus estimate of $47.24 billion. During the same period in the previous year, the firm posted $4.68 earnings per share. The firm's revenue for the quarter was up 5.7% on a year-over-year basis. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. On average, equities research analysts predict that The Home Depot, Inc. will post 15.01 earnings per share for the current fiscal year.

Home Depot Dividend Announcement

The firm 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. This represents a $9.32 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date was Thursday, September 3rd. Home Depot's payout ratio is 65.22%.

Insider Buying and Selling

In related news, CAO Kimberly Scardino sold 675 shares of the firm's stock in a transaction that occurred on Thursday, September 10th. The stock was sold at an average price of $305.95, for a total transaction of $206,516.25. Following the transaction, the chief accounting officer directly owned 8,189 shares in the company, valued at $2,505,424.55. This trade represents a 7.62% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Richard McPhail sold 5,989 shares of Home Depot stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $348.40, for a total value of $2,086,567.60. Following the completion of the transaction, the chief financial officer directly owned 48,104 shares in the company, valued at $16,759,433.60. This trade represents a 11.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 9,829 shares of company stock valued at $3,339,314. 0.08% of the stock is owned by insiders.

Institutional Investors Weigh In On Home Depot

A number of hedge funds have recently made changes to their positions in the business. BlackRock Inc. bought a new position in shares of Home Depot during the second quarter valued at about $28,771,247,000. State Street Corp increased its holdings in shares of Home Depot by 1.1% in 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 buying an additional 499,168 shares during the period. Bank of America Corp DE bought a new stake in shares of Home Depot in the 2nd quarter valued at about $5,780,468,000. Bank of New York Mellon Corp bought a new stake in shares of Home Depot in the 2nd quarter valued at about $2,777,396,000. Finally, Amundi boosted its holdings in Home Depot by 26.4% during the 2nd quarter. Amundi now owns 7,339,614 shares of the home improvement retailer's stock valued at $2,588,535,000 after acquiring an additional 1,533,276 shares during the period. 70.86% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the company. UBS Group reissued a "buy" rating on shares of Home Depot in a report on Thursday, September 17th. TD Cowen restated a "buy" rating on shares of Home Depot in a report on Monday, August 10th. Stifel Nicolaus cut their target price on Home Depot from $346.00 to $322.00 and set a "hold" rating on the stock in a research report on Monday. DA Davidson reiterated a "buy" rating and set a $377.00 price target on shares of Home Depot in a report on Wednesday, August 19th. Finally, Sanford C. Bernstein lowered their price target 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. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Home Depot currently has a consensus rating of "Moderate Buy" and a consensus target price of $375.31.

About Representative Sessions

Pete Sessions (Republican Party) is a member of the U.S. House, representing Texas' 17th Congressional District. He assumed office on January 3, 2021. His current term ends on January 3, 2027. Sessions (Republican Party) ran for re-election to the U.S. House to represent Texas' 17th Congressional District. He won in the general election on November 5, 2024. On October 20, 2023, Sessions announced he was running to replace Kevin McCarthy (R) as speaker of the U.S. House in the 118th Congress. Sessions lost the first round of nomination voting on October 24, 2023. Pete Sessions was born and lives in Waco, Texas. Sessions earned a B.S. from Southwestern University in 1978. Sessions' career experience includes working as an executive with AT&T.

About Home Depot

The Home Depot, Inc is a home improvement retailer serving do-it-yourself customers, professional contractors, and other building and maintenance professionals. The company sells a broad selection of building materials, hardware, tools, appliances, paint, plumbing and electrical supplies, flooring, lighting, lawn and garden products, and home décor.

In addition to merchandise, Home Depot offers services such as product delivery, tool and equipment rental, credit services, and installation for selected products.

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