Home Depot (NYSE:HD) Shares Acquired Rep. David Taylor

Key Points

• Rep. David Taylor disclosed buying between $1,001 and $15,000 of Home Depot shares on April 27, even though he also reported a separate sale of the same size in HD on that date.
• Home Depot recently reported better-than-expected quarterly earnings, with EPS of $2.72 versus $2.52 expected and revenue of $38.20 billion, though sales were still down 3.8% year over year.
• The company raised its quarterly dividend to $2.33 per share, while analysts currently rate the stock a consensus Moderate Buy with an average price target of $412.24.

Representative David Taylor (Republican-Ohio) recently bought shares of The Home Depot, Inc. (NYSE:HD). In a filing disclosed on May 07th, the Representative disclosed that they had bought between $1,001 and $15,000 in Home Depot stock on April 27th. 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):

• Purchased $1,001 - $15,000 in shares of Procter & Gamble NYSE: PG on 4/27/2026.
• Purchased $1,001 - $15,000 in shares of Visa NYSE: V on 4/27/2026.
• Purchased $1,001 - $15,000 in shares of Progressive NYSE: PGR on 4/27/2026.
• Sold $1,001 - $15,000 in shares of Lam Research NASDAQ: LRCX on 4/27/2026.
• Sold $1,001 - $15,000 in shares of Home Depot NYSE: HD on 4/27/2026.
• Sold $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 4/27/2026.
• Sold $1,001 - $15,000 in shares of Kroger NYSE: KR on 3/24/2026.
• Purchased $1,001 - $15,000 in shares of Installed Building Products NYSE: IBP on 3/24/2026.
• Sold $1,001 - $15,000 in shares of Chevron NYSE: CVX on 3/12/2026.
• Purchased $1,001 - $15,000 in shares of Lam Research NASDAQ: LRCX on 3/12/2026.

Home Depot Price Performance

Shares of NYSE:HD opened at $317.43 on Friday. The business's fifty day moving average price is $339.65 and its two-hundred day moving average price is $357.57. The stock has a market cap of $316.17 billion, a PE ratio of 22.31, a price-to-earnings-growth ratio of 3.72 and a beta of 1.00. The company has a debt-to-equity ratio of 3.62, a quick ratio of 0.26 and a current ratio of 1.06. The Home Depot, Inc. has a one year low of $310.40 and a one year high of $426.75.

Home Depot (NYSE:HD - Get Free Report) last announced its earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 EPS for the quarter, beating analysts' consensus estimates of $2.52 by $0.20. Home Depot had a return on equity of 134.32% and a net margin of 8.60%.The firm had revenue of $38.20 billion for the quarter, compared to analysts' expectations of $38.01 billion. During the same quarter in the prior year, the firm earned $3.13 EPS. Home Depot's quarterly revenue was down 3.8% on a year-over-year basis. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. On average, analysts forecast that The Home Depot, Inc. will post 15.03 EPS for the current fiscal year.

Home Depot Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Thursday, March 12th were issued a dividend of $2.33 per share. This is a boost from Home Depot's previous quarterly dividend of $2.30. The ex-dividend date was Thursday, March 12th. This represents a $9.32 dividend on an annualized basis and a yield of 2.9%. Home Depot's payout ratio is currently 65.50%.

Hedge Funds Weigh In On Home Depot

Several hedge funds and other institutional investors have recently made changes to their positions in the business. PNC Financial Services Group Inc. lifted its holdings in shares of Home Depot by 1.1% during the 1st quarter. PNC Financial Services Group Inc. now owns 3,190,635 shares of the home improvement retailer's stock valued at $1,049,368,000 after acquiring an additional 33,747 shares in the last quarter. Oslo Pensjonsforsikring AS purchased a new stake in Home Depot during the 1st quarter worth $1,224,000. HORAN Wealth LLC increased its stake in Home Depot by 104.7% during the 1st quarter. HORAN Wealth LLC now owns 27,754 shares of the home improvement retailer's stock worth $9,218,000 after buying an additional 14,197 shares during the period. Baader Bank Aktiengesellschaft purchased a new stake in Home Depot during the 1st quarter worth $1,054,000. Finally, DJE Kapital AG increased its stake in Home Depot by 4.4% during the 1st quarter. DJE Kapital AG now owns 30,570 shares of the home improvement retailer's stock worth $9,968,000 after buying an additional 1,300 shares during the period. Institutional investors and hedge funds own 70.86% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the company. Zacks Research upgraded Home Depot from a "strong sell" rating to a "hold" rating in a report on Monday, February 9th. Gordon Haskett raised their price objective on Home Depot from $330.00 to $370.00 and gave the stock a "hold" rating in a report on Wednesday, February 11th. Sanford C. Bernstein raised their price objective on Home Depot from $381.00 to $390.00 and gave the stock a "market perform" rating in a report on Wednesday, February 25th. The Goldman Sachs Group decreased their price target on shares of Home Depot from $413.00 to $409.00 in a report on Wednesday, February 25th. Finally, Bank of America started coverage on shares of Home Depot in a report on Tuesday. They issued a "buy" rating and a $374.00 price target on the stock. Twenty investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $412.24.

Insider Transactions at Home Depot

In other news, CFO Richard V. Mcphail sold 2,550 shares of Home Depot stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $368.89, for a total transaction of $940,669.50. Following the sale, the chief financial officer directly owned 44,566 shares of the company's stock, valued at approximately $16,439,951.74. The trade was a 5.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.08% of the stock is owned by company insiders.

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 NYSE: HD is a leading home improvement retailer that operates large-format stores and an integrated online platform offering a broad range of products and services for do-it-yourself consumers, professional contractors and businesses. The company was founded in 1978 by Bernard Marcus and Arthur Blank and is headquartered in Atlanta, Georgia. Since opening its first stores at the end of the 1970s, Home Depot has grown into a multinational retailer known for its orange-branded stores and wide assortment of home improvement merchandise.

Home Depot's core business includes the sale of building materials, lumber, tools, hardware, appliances, paint, plumbing and electrical supplies, lawn and garden products, and home décor.

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.