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

Representative Bruce Westerman (R-Arkansas) recently sold shares of The Home Depot, Inc. NYSE: HD. In a filing disclosed on May 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in Home Depot stock on April 21st. The trade occurred in the Representative's "FISHER IRA" account.

Representative Bruce Westerman also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of UniCredit OTCMKTS: UNCRY on 4/21/2025.
• Sold $1,001 - $15,000 in shares of CSX NASDAQ: CSX on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Siemens Aktiengesellschaft OTCMKTS: SIEGY on 4/21/2025.
• Sold $1,001 - $15,000 in shares of GSK NYSE: GSK on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Charles Schwab NYSE: SCHW on 4/21/2025.
• Sold $1,001 - $15,000 in shares of The Goldman Sachs Group NYSE: GS on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Abbott Laboratories NYSE: ABT on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Eli Lilly and Company NYSE: LLY on 4/21/2025.
• Sold $15,001 - $50,000 in shares of NVIDIA NASDAQ: NVDA on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Chevron NYSE: CVX on 4/21/2025.

Home Depot Stock Performance

Shares of NYSE HD traded up $2.11 during midday trading on Friday, reaching $380.74. 3,127,104 shares of the stock were exchanged, compared to its average volume of 3,417,766. The firm has a market cap of $378.46 billion, a price-to-earnings ratio of 25.87, a PEG ratio of 4.03 and a beta of 1.05. The Home Depot, Inc. has a twelve month low of $323.77 and a twelve month high of $439.37. The firm has a 50-day simple moving average of $357.87 and a two-hundred day simple moving average of $388.12. The company has a quick ratio of 0.31, a current ratio of 1.13 and a debt-to-equity ratio of 8.65.

Home Depot (NYSE:HD - Get Free Report) last announced its earnings results on Tuesday, February 25th. The home improvement retailer reported $3.13 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.04 by $0.09. The firm had revenue of $39.70 billion for the quarter, compared to analyst estimates of $39.15 billion. Home Depot had a return on equity of 452.60% and a net margin of 9.45%. The business's revenue was up 14.1% on a year-over-year basis. During the same quarter last year, the firm posted $2.82 EPS. As a group, analysts anticipate that The Home Depot, Inc. will post 15.13 EPS for the current fiscal year.

Home Depot Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th were paid a dividend of $2.30 per share. This is a boost from Home Depot's previous quarterly dividend of $2.25. The ex-dividend date of this dividend was Thursday, March 13th. This represents a $9.20 dividend on an annualized basis and a dividend yield of 2.42%. Home Depot's dividend payout ratio (DPR) is presently 61.66%.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. Hsbc Global Res raised Home Depot from a "moderate sell" rating to a "hold" rating in a research report on Wednesday, February 26th. Piper Sandler decreased their target price on Home Depot from $435.00 to $418.00 and set an "overweight" rating for the company in a research note on Monday, March 24th. Guggenheim reiterated a "buy" rating and issued a $450.00 price objective on shares of Home Depot in a research note on Wednesday, February 26th. HSBC upgraded Home Depot from a "reduce" rating to a "hold" rating and boosted their price objective for the company from $356.00 to $410.00 in a research note on Wednesday, February 26th. Finally, Robert W. Baird cut their price target on Home Depot from $440.00 to $430.00 and set an "outperform" rating for the company in a research note on Wednesday, February 26th. Nine research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $430.32.

Institutional Trading of Home Depot

Several large investors have recently made changes to their positions in HD. Synergy Asset Management LLC bought a new stake in shares of Home Depot during the 4th quarter worth about $26,000. Wingate Wealth Advisors Inc. bought a new stake in shares of Home Depot during the 4th quarter worth about $28,000. Navigoe LLC bought a new stake in shares of Home Depot during the 4th quarter worth about $29,000. Abound Financial LLC bought a new stake in shares of Home Depot during the 1st quarter worth about $31,000. Finally, Bradley & Co. Private Wealth Management LLC bought a new stake in shares of Home Depot during the 4th quarter worth about $32,000. Institutional investors own 70.86% of the company's stock.

About Representative Westerman

Bruce Westerman (Republican Party) is a member of the U.S. House, representing Arkansas' 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027. Westerman (Republican Party) is running for re-election to the U.S. House to represent Arkansas' 4th Congressional District. He declared candidacy for the 2026 election. Westerman earned his BSBAGE in biological and agricultural engineering from the University of Arkansas in 1990 and his MF in forestry from Yale University in 2001. His professional experience includes working as a plant engineer for Riceland Foods and an engineer/forester for Mid-South Engineering Company.

About Home Depot

The Home Depot, Inc operates as a home improvement retailer in the United States and internationally. It sells various building materials, home improvement products, lawn and garden products, and décor products, as well as facilities maintenance, repair, and operations products. The company also offers installation services for flooring, water heaters, bath, garage doors, cabinets, cabinet makeovers, countertops, sheds, furnaces and central air systems, and windows.