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

Key Points

• Representative James Comer sold shares of The Home Depot, Inc. (NYSE:HD) valued between $1,001 and $15,000 on July 3rd, as disclosed in a filing.
• Home Depot's stock is currently trading at $396.07, reflecting a 2.2% increase, with a market capitalization of approximately $394.06 billion.
• The company has announced a quarterly dividend of $2.30 per share, resulting in an annual yield of 2.3% for shareholders.

Representative James Comer (R-Kentucky) recently sold shares of The Home Depot, Inc. NYSE: HD. In a filing disclosed on August 11th, the Representative disclosed that they had sold between $1,001 and $15,000 in Home Depot stock on July 3rd.

Representative James Comer also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Salesforce NYSE: CRM on 7/3/2025.
• Sold $1,001 - $15,000 in shares of Churchill Downs NASDAQ: CHDN on 7/3/2025.
• Sold $1,001 - $15,000 in shares of Arista Networks NYSE: ANET on 7/3/2025.
• Sold $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 7/3/2025.
• Sold $1,001 - $15,000 in shares of AT&T NYSE: T on 7/3/2025.
• Sold $1,001 - $15,000 in shares of PayPal NASDAQ: PYPL on 7/3/2025.
• Sold $1,001 - $15,000 in shares of Marvell Technology NASDAQ: MRVL on 7/3/2025.
• Sold $1,001 - $15,000 in shares of VeriSign NASDAQ: VRSN on 7/3/2025.
• Sold $1,001 - $15,000 in shares of Dover NYSE: DOV on 7/3/2025.

Home Depot Stock Up 2.2%

NYSE:HD opened at $396.07 on Wednesday. The firm has a market cap of $394.06 billion, a P/E ratio of 26.87, a P/E/G ratio of 3.68 and a beta of 1.00. The company has a debt-to-equity ratio of 5.95, a quick ratio of 0.28 and a current ratio of 1.09. The Home Depot, Inc. has a fifty-two week low of $326.31 and a fifty-two week high of $439.37. The firm has a 50-day simple moving average of $368.49 and a two-hundred day simple moving average of $371.95.

Home Depot (NYSE:HD - Get Free Report) last released its quarterly earnings data on Tuesday, May 20th. The home improvement retailer reported $3.56 earnings per share for the quarter, missing analysts' consensus estimates of $3.59 by ($0.03). The firm had revenue of $39.86 billion for the quarter, compared to the consensus estimate of $39.24 billion. Home Depot had a net margin of 8.98% and a return on equity of 242.51%. The firm's revenue for the quarter was up 9.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $3.63 earnings per share. Analysts predict that The Home Depot, Inc. will post 15.13 earnings per share for the current fiscal year.

Home Depot Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 18th. Shareholders of record on Thursday, June 5th were paid a dividend of $2.30 per share. This represents a $9.20 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date was Thursday, June 5th. Home Depot's dividend payout ratio (DPR) is currently 62.42%.

Hedge Funds Weigh In On Home Depot

Several large investors have recently added to or reduced their stakes in HD. Navigoe LLC purchased a new position in shares of Home Depot in the fourth quarter worth $29,000. Legend Financial Advisors Inc. bought a new stake in Home Depot in the second quarter worth $28,000. Abound Financial LLC bought a new stake in Home Depot in the first quarter worth $31,000. LFA Lugano Financial Advisors SA bought a new stake in Home Depot in the second quarter worth $32,000. Finally, Quarry LP increased its position in Home Depot by 220.0% in the fourth quarter. Quarry LP now owns 96 shares of the home improvement retailer's stock worth $37,000 after purchasing an additional 66 shares during the last quarter. Hedge funds and other institutional investors own 70.86% of the company's stock.

Analyst Upgrades and Downgrades

HD has been the subject of a number of research analyst reports. Mizuho reduced their price target on shares of Home Depot from $450.00 to $435.00 and set an "outperform" rating for the company in a research note on Wednesday, May 21st. Stifel Nicolaus upgraded shares of Home Depot from a "hold" rating to a "buy" rating and lifted their price target for the stock from $405.00 to $425.00 in a research note on Wednesday, May 21st. Jefferies Financial Group dropped their price objective on shares of Home Depot from $461.00 to $456.00 in a report on Tuesday, May 20th. Evercore ISI set a $400.00 price objective on shares of Home Depot and gave the stock an "outperform" rating in a report on Thursday, May 22nd. Finally, JPMorgan Chase & Co. raised their price objective on shares of Home Depot from $410.00 to $418.00 and gave the stock an "overweight" rating in a report on Wednesday, May 21st. Seven investment analysts have rated the stock with a hold rating, twenty have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $426.77.

Insider Buying and Selling at Home Depot

In related news, EVP Fahim Siddiqui sold 2,600 shares of the business's stock in a transaction on Thursday, May 22nd. The shares were sold at an average price of $367.14, for a total value of $954,564.00. Following the sale, the executive vice president owned 7,951 shares in the company, valued at approximately $2,919,130.14. The trade was a 24.64% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Teresa Wynn Roseborough sold 5,406 shares of the business's stock in a transaction on Wednesday, May 28th. The stock was sold at an average price of $369.28, for a total transaction of $1,996,327.68. Following the completion of the sale, the executive vice president owned 17,367 shares in the company, valued at $6,413,285.76. This represents a 23.74% decrease in their position. The disclosure for this sale can be found here. Insiders own 0.10% of the company's stock.

About Representative Comer

James Comer Jr. (Republican Party) is a member of the U.S. House, representing Kentucky's 1st Congressional District. He assumed office on November 14, 2016. His current term ends on January 3, 2027. Comer (Republican Party) is running for re-election to the U.S. House to represent Kentucky's 1st Congressional District. He declared candidacy for the 2026 election. Comer is from Tompkinsville, Ky. He acted as the director of South Central Bank for 12 years and has been the co-owner of the Comer Land and Cattle Company. He previously served as president of CFB Foods Incorporated from 2001 to 2003 and president of Comer and Polston Insurance Incorporated from 1993 to 1995.

Home Depot Company Profile

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.

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