Home Depot (NYSE:HD) Stock Unloaded Rep. David Taylor

Key Points

• Rep. David Taylor disclosed selling Home Depot shares on April 27 in a transaction valued at between $1,001 and $15,000, according to a filing released May 7.
• Home Depot recently reported quarterly earnings of $2.72 per share, beating estimates, while revenue of $38.20 billion also edged past expectations. However, revenue was still down 3.8% from a year earlier.
• The company raised its quarterly dividend to $2.33 per share from $2.30, and Wall Street remains broadly positive, with analysts holding a Moderate Buy consensus and an average price target of $412.24.

Representative David Taylor (Republican-Ohio) recently sold shares of The Home Depot, Inc. (NYSE:HD). In a filing disclosed on May 07th, the Representative disclosed that they had sold between $1,001 and $15,000 in Home Depot stock on April 27th. The trade occurred in the Representative's "DAVID TAYLOR TRUST > SARDINIA READY MIX 401(K) - DAVE" 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.
• Purchased $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 Stock Performance

Shares of Home Depot stock opened at $317.43 on Friday. The firm has a fifty day moving average of $339.65 and a two-hundred day moving average of $357.57. The stock has a market capitalization of $316.17 billion, a price-to-earnings ratio of 22.31, a PEG ratio of 3.72 and a beta of 1.00. The Home Depot, Inc. has a 52 week low of $310.40 and a 52 week high of $426.75. The company has a debt-to-equity ratio of 3.62, a quick ratio of 0.26 and a current ratio of 1.06.

Home Depot (NYSE:HD - Get Free Report) last issued its earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 EPS for the quarter, beating the consensus estimate of $2.52 by $0.20. The company had revenue of $38.20 billion during the quarter, compared to analysts' expectations of $38.01 billion. Home Depot had a net margin of 8.60% and a return on equity of 134.32%. The business's revenue for the quarter was down 3.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.13 EPS. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. As a group, equities research analysts predict that The Home Depot, Inc. will post 15.03 EPS for the current year.

Home Depot Increases Dividend

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

Insider Buying and Selling

In related news, CFO Richard V. Mcphail sold 2,550 shares of the business's stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $368.89, for a total value 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 position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.08% of the company's stock.

Hedge Funds Weigh In On Home Depot

Institutional investors and hedge funds have recently made changes to their positions in the company. Parvin Asset Management LLC grew its holdings in shares of Home Depot by 110.0% in the 3rd quarter. Parvin Asset Management LLC now owns 63 shares of the home improvement retailer's stock valued at $26,000 after buying an additional 33 shares during the period. Advocate Investing Services LLC bought a new stake in Home Depot in the 4th quarter valued at $25,000. Financially Speaking Inc bought a new stake in Home Depot in the 3rd quarter valued at $31,000. Key Capital Management INC bought a new stake in Home Depot in the 4th quarter valued at $28,000. Finally, Cache Advisors LLC bought a new stake in Home Depot in the 1st quarter valued at $27,000. Institutional investors and hedge funds own 70.86% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have commented on HD. Weiss Ratings reiterated a "hold (c+)" rating on shares of Home Depot in a research report on Friday, March 27th. DA Davidson upped their target price on shares of Home Depot from $407.00 to $445.00 and gave the company a "buy" rating in a research report on Tuesday, February 24th. Guggenheim upped their target price on shares of Home Depot from $400.00 to $425.00 and gave the company a "buy" rating in a research report on Wednesday, February 25th. Citigroup upped their target price on shares of Home Depot from $407.00 to $450.00 and gave the company a "buy" rating in a research report on Thursday, February 12th. Finally, Bank of America began coverage on shares of Home Depot in a research report on Tuesday. They set a "buy" rating and a $374.00 target price for the company. Twenty research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $412.24.

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.

Home Depot Company Profile

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.

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