Home Depot (NYSE:HD) Stock Sale Disclosed by Rep. Kevin Hern

Posted by Francis Steltz on Sep 29th, 2026

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 $1,001 and $15,000 in Home Depot stock on September 14th. The trade occurred in the Representative’s “HERN FAMILY FOUNDATION” 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 $15,001 – $50,000 in shares of Emerson Electric (NYSE:EMR) on 9/14/2026.
Sold $15,001 – $50,000 in shares of Devon Energy (NYSE:DVN) on 9/14/2026.

Home Depot Stock Down 1.2%

HD stock opened at $289.81 on Tuesday. The business has a 50 day moving average of $326.05 and a 200 day moving average of $328.27. 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 Home Depot, Inc. has a twelve month low of $289.10 and a twelve month high of $410.95. The company has a quick ratio of 0.31, a current ratio of 1.08 and a debt-to-equity ratio of 2.64.

Home Depot (NYSE:HD – Get Free Report) last released its earnings results on Tuesday, August 18th. The home improvement retailer reported $4.92 EPS for the quarter, topping analysts’ consensus estimates of $4.73 by $0.19. The firm had revenue of $47.86 billion for the quarter, compared to analysts’ expectations of $47.24 billion. Home Depot had a return on equity of 106.42% and a net margin of 8.41%.The company’s quarterly revenue was up 5.7% on a year-over-year basis. During the same period in the prior year, the firm posted $4.68 earnings per share. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. On average, research analysts forecast that The Home Depot, Inc. will post 15 EPS for the current fiscal year.

Home Depot Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 17th. Investors 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 yield of 3.2%. The ex-dividend date of this dividend was Thursday, September 3rd. Home Depot’s dividend payout ratio (DPR) is 65.22%.

Analyst Ratings Changes

HD has been the topic of several recent analyst reports. Wolfe Research downgraded shares of Home Depot from an “outperform” rating to a “peer perform” rating in a research report on Tuesday, June 23rd. Mizuho upped their target price on shares of Home Depot from $385.00 to $390.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 19th. Gordon Haskett increased their price target on shares of Home Depot from $320.00 to $330.00 in a report on Friday, June 12th. Argus restated a “buy” rating and issued a $400.00 price objective on shares of Home Depot in a report on Wednesday, August 19th. Finally, Stifel Nicolaus increased their target price on Home Depot from $320.00 to $340.00 and gave the company a “hold” rating in a research note on Monday, August 17th. Eighteen investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $375.18.

Get Our Latest Stock Analysis on HD

Key Home Depot News

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?

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. QRG Capital Management Inc. grew its position in Home Depot by 7.0% in 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% during 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. boosted its stake 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 worth $915,609,000 after buying an additional 10,708 shares during the last quarter. State Street Corp grew its holdings 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 acquiring an additional 499,168 shares during the period. Finally, Security National Bank of Sioux City Iowa IA grew its holdings 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 acquiring an additional 1,909 shares during the period. 70.86% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Home Depot

In other Home Depot news, CFO Richard McPhail sold 5,989 shares of the stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $348.40, for a total value of $2,086,567.60. Following the transaction, the chief financial officer owned 48,104 shares of the company’s stock, valued at approximately $16,759,433.60. This represents a 11.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Teresa Roseborough sold 2,455 shares of the stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $328.77, for a total transaction of $807,130.35. Following the completion of the transaction, the executive vice president owned 14,061 shares in the company, valued at $4,622,834.97. This trade represents a 14.86% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 9,829 shares of company stock worth $3,339,314 in the last three months. 0.08% of the stock is owned by insiders.

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

(Get Free Report)

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.