Rep. David Taylor Sells Off Shares of The Home Depot, Inc. (NYSE:HD)

Key Points

• Rep. David Taylor sold $1,001–$15,000 of Home Depot shares on November 5; the transaction was disclosed in a November 12 filing and made through a trust brokerage account.
• Home Depot’s latest reported quarter beat estimates, with earnings of $4.92 per share versus $4.73 expected and revenue up 5.7% year over year.
• Analysts have a consensus “Moderate Buy” rating and a $375.90 average price target; the stock opened at $348.81 on Friday.

Representative David Taylor (Republican-Ohio) recently sold shares of The Home Depot, Inc. (NYSE:HD). In a filing disclosed on November 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in Home Depot stock on November 5th. The trade occurred in the Representative's "DAVID TAYLOR TRUST > SCHWAB JOINT BROKERAGE #1 (HOME GROWN)" account.

Representative David Taylor also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Procter & Gamble NYSE: PG on 11/5/2026.
• Purchased $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 11/5/2026.
• Purchased $1,001 - $15,000 in shares of Lam Research NASDAQ: LRCX on 11/5/2026.
• Sold $1,001 - $15,000 in shares of Eli Lilly and Company NYSE: LLY on 11/3/2026.
• Purchased $1,001 - $15,000 in shares of Eaton NYSE: ETN on 11/3/2026.
• Sold $1,001 - $15,000 in shares of Kroger NYSE: KR on 11/3/2026.
• Purchased $1,001 - $15,000 in shares of AT&T NYSE: T on 11/3/2026.
• Purchased $1,001 - $15,000 in shares of Alphabet NASDAQ: GOOGL on 11/3/2026.
• Sold $1,001 - $15,000 in shares of Visa NYSE: V on 11/3/2026.
• Sold $1,001 - $15,000 in shares of Amgen NASDAQ: AMGN on 11/3/2026.

Home Depot Stock Up 0.2%

Shares of NYSE HD opened at $348.81 on Friday. The stock has a market cap of $348.01 billion, a PE ratio of 23.51, a PEG ratio of 2.58 and a beta of 0.93. The business has a fifty day moving average of $312.19 and a two-hundred day moving average of $333.26. The Home Depot, Inc. has a 52-week low of $277.15 and a 52-week high of $397.63. 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 earnings results on Tuesday, August 18th. The home improvement retailer reported $4.92 EPS for the quarter, beating the consensus estimate of $4.73 by $0.19. The company had revenue of $47.86 billion for the quarter, compared to the consensus estimate 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 for the quarter was up 5.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $4.68 EPS. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. As a group, equities research analysts expect that The Home Depot, Inc. will post 15.01 earnings per share for the current fiscal year.

Home Depot Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 17th. Shareholders of record on Thursday, September 3rd were issued a dividend of $2.33 per share. The ex-dividend date of this dividend was Thursday, September 3rd. This represents a $9.32 dividend on an annualized basis and a dividend yield of 2.7%. Home Depot's dividend payout ratio (DPR) is presently 65.22%.

Insider Buying and Selling

In related news, CFO Richard McPhail sold 5,989 shares of Home Depot stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $348.40, for a total transaction of $2,086,567.60. Following the completion of the sale, the chief financial officer directly owned 48,104 shares of the company's stock, valued at $16,759,433.60. The trade was a 11.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Teresa Roseborough sold 2,455 shares of the company's stock in a transaction dated Friday, August 28th. The shares were sold at an average price of $328.77, for a total value of $807,130.35. Following the completion of the sale, the executive vice president owned 14,061 shares of the company's stock, valued at $4,622,834.97. This represents a 14.86% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 9,829 shares of company stock valued at $3,339,314 over the last 90 days. Company insiders own 0.08% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have commented on HD. KeyCorp restated a "sector weight" rating on shares of Home Depot in a research report on Wednesday, August 19th. DA Davidson reaffirmed a "buy" rating and set a $377.00 price objective on shares of Home Depot in a report on Wednesday, August 19th. Melius Research set a $397.00 target price on shares of Home Depot in a research note on Tuesday, October 6th. Argus reiterated a "buy" rating and issued a $400.00 target price on shares of Home Depot in a research note on Wednesday, August 19th. Finally, Stifel Nicolaus reduced their target price on Home Depot from $346.00 to $322.00 and set a "hold" rating on the stock in a report on Monday, October 26th. One analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $375.90.

Trending Headlines about Home Depot

Investors following HD have been watching these headlines:

• Positive Sentiment: Articles point to growth in Home Depot’s Pro business and digital sales, along with ongoing investments, as potential drivers of sales and earnings. Some analysts also see potential for an earnings beat. Home Depot Stock Rallies 20% in a Month: Is It Still a Buy?
• Neutral Sentiment: Home Depot is scheduled to report Q3 results next week. Analysts expect sales and profit growth, making the results and outlook important catalysts; the report has not yet been released. Home Depot Pre-Q3 Earnings: Should You Buy or Stay Cautious?
• Negative Sentiment: Housing-market weakness could restrain home-improvement demand, while cost and margin pressures may weigh on results. Commentary also cautions that HD’s valuation looks demanding after its recent rally, potentially limiting further upside if results disappoint. Buy Home Depot or Lowe's Stock Ahead of Much-Anticipated Q3 Results?

Hedge Funds Weigh In On Home Depot

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

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.

About Home Depot

The Home Depot, Inc. is a home improvement retailer serving do-it-yourself customers, professional contractors and other businesses. The company sells building materials, tools, hardware, appliances, paint, flooring, and products for home maintenance, repair and renovation, as well as lawn and garden supplies. In addition to its retail stores and online channels, Home Depot offers services such as product delivery, equipment rental and home improvement installation. The company was founded in 1978 and is headquartered in Atlanta, Georgia.

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