Home Depot (NYSE:HD) Stock Sold Off Sen. John Boozman

Key Points

• Sen. John Boozman sold Home Depot shares worth between $1,001 and $15,000 on July 9, according to a filing disclosed August 17. He also reported several other purchases and sales, including PayPal, JPMorgan Chase, Chevron and SPDR’s S&P 500 ETF.
• Home Depot shares opened at $338.44 and were down 0.1%, with the company reporting quarterly EPS of $3.43 and revenue of $41.77 billion—both slightly above analyst expectations. The retailer declared a quarterly dividend of $2.33, equivalent to a 2.8% annualized yield.
• Analysts maintain a “Moderate Buy” consensus, with an average price target of $373.89, although several firms recently lowered their targets or ratings. Institutional investors and hedge funds own approximately 70.86% of the stock.

Senator John Boozman (Republican-Arkansas) recently sold shares of The Home Depot, Inc. NYSE: HD. In a filing disclosed on August 17th, the Senator disclosed that they had sold between $1,001 and $15,000 in Home Depot stock on July 9th.

Senator John Boozman also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Cboe Global Markets BATS: CBOE on 7/31/2026.
• Purchased $1,001 - $15,000 in shares of PayPal NASDAQ: PYPL on 7/30/2026.
• Sold $1,001 - $15,000 in shares of JPMorgan Chase & Co. NYSE: JPM on 7/23/2026.
• Purchased $1,001 - $15,000 in shares of State Street SPDR Portfolio S&P 500 ETF NYSEARCA: SPYM on 7/23/2026.
• Purchased $1,001 - $15,000 in shares of Aptiv NYSE: APTV on 7/9/2026.
• Sold $1,001 - $15,000 in shares of Travelers Companies NYSE: TRV on 7/2/2026.
• Purchased $1,001 - $15,000 in shares of Chevron NYSE: CVX on 7/2/2026.
• Purchased $1,001 - $15,000 in shares of Estee Lauder Companies NYSE: EL on 7/2/2026.
• Purchased $1,001 - $15,000 in shares of abrdn Physical Palladium Shares ETF NYSEARCA: PALL on 6/25/2026.
• Purchased $1,001 - $15,000 in shares of iShares Expanded Tech-Software Sector ETF BATS: IGV on 6/25/2026.

Home Depot Stock Down 0.1%

Shares of NYSE HD opened at $338.44 on Tuesday. The firm's 50-day simple moving average is $339.74 and its 200 day simple moving average is $341.23. The company has a market cap of $337.47 billion, a price-to-earnings ratio of 24.04, a price-to-earnings-growth ratio of 4.08 and a beta of 0.95. The company has a quick ratio of 0.28, a current ratio of 1.04 and a debt-to-equity ratio of 3.23. The Home Depot, Inc. has a 12-month low of $289.10 and a 12-month high of $426.75.

Home Depot (NYSE:HD - Get Free Report) last issued its quarterly earnings data on Tuesday, May 19th. The home improvement retailer reported $3.43 EPS for the quarter, topping analysts' consensus estimates of $3.41 by $0.02. The firm had revenue of $41.77 billion for the quarter, compared to analyst estimates of $41.59 billion. Home Depot had a net margin of 8.41% and a return on equity of 117.24%. The company's revenue was up 4.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $3.56 EPS. On average, research analysts expect that The Home Depot, Inc. will post 15 earnings per share for the current fiscal year.

Home Depot Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Thursday, June 4th were issued a $2.33 dividend. This represents a $9.32 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend was Thursday, June 4th. Home Depot's payout ratio is currently 66.19%.

Trending Headlines about Home Depot

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

• Positive Sentiment: Wall Street expects approximately $4.72–$4.73 in earnings per share and $47.2–$47.4 billion in revenue. Stronger-than-expected results, comparable-sales growth or an improved outlook could support a recovery. Home Depot Q2 earnings preview
• Positive Sentiment: Professional-contractor demand may be helping offset weak housing turnover and elevated mortgage rates. Investors will look for evidence that “Pro” customers and larger projects are sustaining sales. Home Depot earnings preview: Pro demand and housing
• Positive Sentiment: The Bill & Melinda Gates Foundation reportedly initiated a new Home Depot position during the second quarter, providing a modest institutional-investor vote of confidence. Gates Foundation portfolio changes

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on HD shares. Piper Sandler reduced their target price on shares of Home Depot from $422.00 to $421.00 and set an "overweight" rating on the stock in a research report on Wednesday, May 20th. Wolfe Research lowered shares of Home Depot from an "outperform" rating to a "peer perform" rating in a report on Tuesday, June 23rd. Telsey Advisory Group dropped their price objective on shares of Home Depot from $435.00 to $410.00 and set an "outperform" rating for the company in a research report on Wednesday, May 20th. Evercore dropped their price objective on shares of Home Depot from $415.00 to $400.00 and set an "outperform" rating for the company in a research report on Wednesday, May 20th. Finally, Truist Financial reduced their price objective on Home Depot from $394.00 to $369.00 and set a "buy" rating on the stock in a report on Tuesday, May 19th. Eighteen analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Home Depot currently has a consensus rating of "Moderate Buy" and a consensus price target of $373.89.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in HD. BlackRock Inc. acquired a new stake in shares of Home Depot during the 2nd quarter worth approximately $28,771,247,000. Bank of America Corp DE acquired a new position in Home Depot in the second quarter valued at approximately $5,780,468,000. Norges Bank acquired a new position in Home Depot in the fourth quarter valued at approximately $4,850,329,000. Bank of New York Mellon Corp bought a new position in Home Depot in the second quarter valued at approximately $2,777,396,000. Finally, Corient Private Wealth LP bought a new position in Home Depot in the second quarter valued at approximately $390,913,000. 70.86% of the stock is currently owned by institutional investors and hedge funds.

About Senator Boozman

John Boozman (Republican Party) is a member of the U.S. Senate from Arkansas. He assumed office on January 3, 2011. His current term ends on January 3, 2029. Boozman (Republican Party) ran for re-election to the U.S. Senate to represent Arkansas. He won in the general election on November 8, 2022. Boozman won re-election in 2016. He faced Democrat Conner Eldridge, Libertarian Frank Gilbert, and write-in candidate Jason Tate in the general election. Arkansas' U.S. Senate race was rated as safely Republican in 2016. Boozman began his political career in the U.S. House. He won a special election in 2001 and served in that position until his election to the Senate in 2010. Prior to his political career, Boozman worked as an optometrist. As of a 2014 analysis of multiple outside rankings, Boozman is an average Republican member of Congress, meaning he will vote with the Republican Party on the majority of bills. Below is an abbreviated outline of Boozman's academic, professional, and political career: 2011-Present: U.S. Senator from Arkansas 2001-2011: U.S. Representative from Arkansas 1977: Graduated from Southern College of Optometry

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.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source