Rep. Kevin Hern Sells Shares of The Home Depot, Inc. (NYSE:HD)

Key Points

• Rep. Kevin Hern sold Home Depot shares worth between $15,001 and $50,000 on September 14, 2026, through the Hern Family Foundation account. He also disclosed sales of shares in several other companies, including CenterPoint Energy, TJX Companies, and NextEra Energy.
• Home Depot reported stronger-than-expected quarterly results, with EPS of $4.92 versus the $4.73 consensus and revenue of $47.86 billion, up 5.7% year over year. The company also pays a quarterly dividend of $2.33 per share, representing a 3.2% annualized yield.
• Despite a “Moderate Buy” analyst consensus and an average price target of $375.18, higher mortgage rates and weak housing turnover remain key risks. The stock opened near its 52-week low at $289.81 and trades below its 50-day and 200-day moving averages.

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 $1,001 and $15,000 in Home Depot stock on September 14th. 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 $15,001 - $50,000 in shares of Emerson Electric NYSE: EMR on 9/14/2026.
• Sold $15,001 - $50,000 in shares of Devon Energy NYSE: DVN on 9/14/2026.

Home Depot Stock Performance

Shares of HD stock opened at $289.81 on Tuesday. The company's 50 day moving average is $326.05 and its 200 day moving average is $328.27. 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 firm has a market cap of $289.14 billion, a price-to-earnings ratio of 20.28, a PEG ratio of 3.23 and a beta of 0.95. The Home Depot, Inc. has a 52-week low of $289.10 and a 52-week high of $410.95.

Home Depot (NYSE:HD - Get Free Report) last announced its 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 net margin of 8.41% and a return on equity of 106.42%. The business 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 company posted $4.68 earnings per share. The firm's revenue 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, sell-side analysts anticipate that The Home Depot, Inc. will post 15 EPS for the current fiscal year.

Home Depot Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd were paid a dividend of $2.33 per share. The ex-dividend date was Thursday, September 3rd. This represents a $9.32 dividend on an annualized basis and a dividend yield of 3.2%. Home Depot's dividend payout ratio (DPR) is currently 65.22%.

Home Depot News Summary

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

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. UBS Group reissued a "buy" rating on shares of Home Depot in a research report on Thursday, September 17th. TD Cowen reiterated a "buy" rating on shares of Home Depot in a research note on Monday, August 10th. Stifel Nicolaus raised their target price on shares of Home Depot from $320.00 to $340.00 and gave the stock a "hold" rating in a report on Monday, August 17th. Wall Street Zen upgraded shares of Home Depot from a "sell" rating to a "hold" rating in a research report on Tuesday, June 2nd. Finally, Wolfe Research lowered Home Depot from an "outperform" rating to a "peer perform" rating in a research note on Tuesday, June 23rd. Eighteen investment 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's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $375.18.

Insider Transactions at Home Depot

In other Home Depot news, EVP Teresa Roseborough sold 2,455 shares of the firm's stock in a transaction on Friday, August 28th. The stock was sold at an average price of $328.77, for a total value of $807,130.35. Following the transaction, the executive vice president owned 14,061 shares in the company, valued at approximately $4,622,834.97. This trade represents a 14.86% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CAO Kimberly Scardino sold 675 shares of the firm's stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of $305.95, for a total transaction of $206,516.25. Following the completion of the transaction, the chief accounting officer directly owned 8,189 shares in the company, valued at approximately $2,505,424.55. This represents a 7.62% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have 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.

Hedge Funds Weigh In On Home Depot

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

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.

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.

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.