Representative Kevin Hern (Republican-Oklahoma) recently sold shares of The Home Depot, Inc. (NYSE:HD). In a filing disclosed on September 25th, the Representative disclosed that they had sold between $15,001 and $50,000 in Home Depot stock on September 2nd. The trade occurred in the Representative’s “HERN FAMILY REVOCABLE TRUST” account.
Representative Kevin Hern also recently made the following trade(s):
- Sold $15,001 – $50,000 in shares of CenterPoint Energy (NYSE:CNP) on 9/15/2026.
- Sold $1,001 – $15,000 in shares of TJX Companies (NYSE:TJX) on 9/15/2026.
- Sold $15,001 – $50,000 in shares of STERIS (NYSE:STE) on 9/15/2026.
- Sold $1,001 – $15,000 in shares of Seagate Technology (NASDAQ:STX) on 9/15/2026.
- Sold $15,001 – $50,000 in shares of NextEra Energy (NYSE:NEE) on 9/14/2026.
- Sold $1,001 – $15,000 in shares of Marsh & McLennan Companies (NYSE:MRSH) on 9/14/2026.
- Sold $15,001 – $50,000 in shares of IQVIA (NYSE:IQV) on 9/14/2026.
- Sold $15,001 – $50,000 in shares of Home Depot (NYSE:HD) on 9/14/2026.
- Sold $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 9/14/2026.
- Sold $15,001 – $50,000 in shares of Emerson Electric (NYSE:EMR) on 9/14/2026.
Home Depot Trading Down 1.2%
HD stock opened at $289.81 on Tuesday. The firm has a market cap of $289.14 billion, a PE ratio of 20.28, a price-to-earnings-growth ratio of 3.23 and a beta of 0.95. The firm has a fifty day moving average price of $326.05 and a 200 day moving average price of $328.27. The company has a debt-to-equity ratio of 2.64, a quick ratio of 0.31 and a current ratio of 1.08. The Home Depot, Inc. has a fifty-two week low of $289.10 and a fifty-two week high of $410.95.
Home Depot Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd were given a dividend of $2.33 per share. This represents a $9.32 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date was Thursday, September 3rd. Home Depot’s dividend payout ratio is currently 65.22%.
Insider Buying and Selling
In related news, CFO Richard McPhail sold 5,989 shares of Home Depot stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $348.40, for a total transaction of $2,086,567.60. Following the completion of the transaction, the chief financial officer directly owned 48,104 shares in the company, valued at approximately $16,759,433.60. This trade represents a 11.07% 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. Also, CAO Kimberly Scardino sold 675 shares of the business’s stock in a transaction that occurred on Thursday, September 10th. The shares were sold at an average price of $305.95, for a total value of $206,516.25. Following the completion of the transaction, the chief accounting officer directly owned 8,189 shares of the company’s stock, valued at $2,505,424.55. The trade was a 7.62% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 9,829 shares of company stock valued at $3,339,314 in the last three months. 0.08% of the stock is currently owned by insiders.
Institutional Investors Weigh In On Home Depot
Several hedge funds have recently added to or reduced their stakes in the business. QRG Capital Management Inc. grew its position in Home Depot by 7.0% during the 2nd quarter. QRG Capital Management Inc. now owns 172,877 shares of the home improvement retailer’s stock worth $60,970,000 after purchasing an additional 11,256 shares during the period. Envestnet Portfolio Solutions Inc. lifted its holdings in shares of Home Depot by 9.6% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 49,096 shares of the home improvement retailer’s stock valued at $17,315,000 after buying an additional 4,292 shares during the period. Envestnet Asset Management Inc. lifted its holdings in shares of Home Depot by 0.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,596,155 shares of the home improvement retailer’s stock valued at $915,609,000 after buying an additional 10,708 shares during the period. State Street Corp boosted its stake in shares of Home Depot by 1.1% in the second quarter. State Street Corp now owns 47,175,026 shares of the home improvement retailer’s stock worth $16,637,688,000 after buying an additional 499,168 shares during the last quarter. Finally, Security National Bank of Sioux City Iowa IA boosted its stake in shares of Home Depot by 30.9% in the second quarter. Security National Bank of Sioux City Iowa IA now owns 8,093 shares of the home improvement retailer’s stock worth $2,854,000 after buying an additional 1,909 shares during the last quarter. 70.86% of the stock is owned by hedge funds and other institutional investors.
Key Headlines Impacting Home Depot
Here are the key news stories impacting Home Depot this week:
- Positive Sentiment: Home Depot’s long-term record remains a supporting factor. A Wall Street Journal analysis identified the retailer as the highest-returning U.S. stock over the past 45 years, highlighting its market leadership, scale and history of compounding shareholder value. What Actually Made Home Depot Wall Street’s Best-Kept Compounding Secret?
- Neutral Sentiment: Coverage examining whether HD is attractive at current levels emphasizes the stock’s lower valuation and strong franchise, but also questions whether fundamental weakness and a prolonged housing slowdown warrant waiting for clearer evidence of recovery. Home Depot Is 32% Below Its All-Time High
- Neutral Sentiment: Analyst and investor attention remains elevated, with Zacks highlighting Home Depot as one of its most-watched stocks. However, the report does not provide a decisive new catalyst or recommendation. Is Most-Watched Stock The Home Depot Worth Betting on Now?
- Negative Sentiment: A potential increase in 30-year mortgage rates toward 9% would severely reduce home sales, remodeling activity and housing turnover. Even though this is not the economist’s base case, the risk adds to concerns about an already frozen housing market. Mortgage Rates Could Hit 9%
- Negative Sentiment: Mortgage rates near 7.5% are already hurting housing demand, with weakening revenue at Lennar and KB Home contributing to a decline in the S&P 500 Homebuilding Index. Further deterioration could weigh on Home Depot’s big-ticket sales and professional-customer business. Homebuilding Stocks Are Feeling the Bite of Higher Mortgage Rates
- Negative Sentiment: Investors are also questioning whether Home Depot can sustain its dividend if housing remains weak for an extended period, despite the company’s continuing dividend payments. Is Home Depot’s Dividend Safe if Housing Stays Frozen?
Analyst Ratings Changes
Several research firms have recently weighed in on HD. Argus reissued a “buy” rating and set a $400.00 target price on shares of Home Depot in a research report on Wednesday, August 19th. Sanford C. Bernstein dropped their target price on Home Depot from $354.00 to $344.00 and set a “market perform” rating for the company in a research report on Wednesday, September 9th. Jefferies Financial Group reissued a “buy” rating and set a $398.00 target price on shares of Home Depot in a research note on Tuesday, August 18th. Stifel Nicolaus increased their price target on Home Depot from $320.00 to $340.00 and gave the stock a “hold” rating in a research report on Monday, August 17th. Finally, TD Cowen reissued a “buy” rating on shares of Home Depot in a research report on Monday, August 10th. Eighteen investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Home Depot has a consensus rating of “Moderate Buy” and an average target price of $375.18.
Get Our Latest Report on Home Depot
About Representative Hern
Kevin Hern (Republican Party) is a member of the U.S. House, representing Oklahoma’s 1st Congressional District. He assumed office on November 13, 2018. His current term ends on January 3, 2027.
Hern (Republican Party) is running for re-election to the U.S. House to represent Oklahoma’s 1st Congressional District. He declared candidacy for the 2026 election.
Kevin Hern went into business as a McDonald’s franchisee in 1999. He acquired 10 McDonald’s franchises by 2012. He served on the McDonald’s National Leadership Team for 13 years, including the tax policy team, the insurance corporation, and as chairman of the economics team. From 2011 to 2015, he was chairman of the finance committee of the Oklahoma Turnpike Authority.
About Home Depot
The Home Depot, Inc (NYSE: HD) is a home improvement retailer serving do-it-yourself customers, professional contractors, and other trade professionals. The company sells building materials, appliances, décor, hardware, plumbing and electrical supplies, tools, outdoor products, and lawn and garden merchandise through its retail stores and digital platforms.
Home Depot also provides services such as installation, equipment rental, delivery, and project support. Its professional customer offerings include job-lot quantities, delivery solutions, credit services, and tools designed to help contractors manage construction and renovation projects.
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