Rep. Lloyd Doggett Purchases Shares of The Home Depot, Inc. (NYSE:HD)

Representative Lloyd Doggett (Democratic-Texas) recently bought shares of The Home Depot, Inc. (NYSE:HD). In a filing disclosed on April 06th, the Representative disclosed that they had bought between $1,001 and $15,000 in Home Depot stock on March 26th.

Representative Lloyd Doggett also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of PPG Industries (NYSE:PPG) on 3/12/2026.
• Purchased $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 3/10/2026.
• Purchased $1,001 – $15,000 in shares of Johnson & Johnson (NYSE:JNJ) on 3/10/2026.
• Purchased $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 2/17/2026.

Home Depot Trading Up 1.0%

Shares of HD stock traded up $3.41 during trading hours on Thursday, reaching $339.57. The company’s stock had a trading volume of 2,989,366 shares, compared to its average volume of 4,256,573. The stock has a market capitalization of $338.22 billion, a P/E ratio of 23.86, a P/E/G ratio of 3.51 and a beta of 1.09. The Home Depot, Inc. has a one year low of $315.31 and a one year high of $426.75. The firm’s fifty day simple moving average is $357.82 and its 200 day simple moving average is $365.74. The company has a current ratio of 1.06, a quick ratio of 0.26 and a debt-to-equity ratio of 3.62.

Home Depot (NYSE:HD) last issued its quarterly earnings data on Tuesday, February 24th. The home improvement retailer reported $2.72 earnings per share for the quarter, topping analysts’ consensus estimates of $2.52 by $0.20. The firm had revenue of $38.20 billion for the quarter, compared to analyst estimates of $38.01 billion. Home Depot had a return on equity of 134.32% and a net margin of 8.60%.The business’s quarterly revenue was down 3.8% compared to the same quarter last year. During the same period last year, the company earned $3.13 EPS. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. Equities research analysts expect that The Home Depot, Inc. will post 15.13 EPS for the current year.

Home Depot Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Thursday, March 12th were given a dividend of $2.33 per share. This represents a $9.32 annualized dividend and a yield of 2.7%. 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 65.50%.

Home Depot News Summary

Here are the key news stories impacting Home Depot this week:

• Positive Sentiment: Macro catalyst — reports that President Trump announced a two-week suspension of attacks on Iran and the resulting sharp drop in crude oil helped lift consumer stocks, boosting Home Depot along with peers. RH and Home Depot Shares Are Soaring, What You Need To Know
• Positive Sentiment: Shares reacted positively to the oil-driven market rally that pushed broader indexes sharply higher, a short-term tailwind for HD’s consumer-exposed revenue. Home Depot Shares Gain As Oil Crash Lifts Consumer Stocks
• Positive Sentiment: Analyst positioning — brokerages collectively give HD a consensus “Moderate Buy,” which supports demand for the stock and may help limit sell-offs. The Home Depot, Inc. (NYSE:HD) Receives Consensus Recommendation of “Moderate Buy” from Brokerages
• Positive Sentiment: Incremental visible earnings support — Erste Group nudged up its FY2028 EPS estimate for Home Depot, reinforcing the view that underlying profitability assumptions remain intact. MarketBeat: Erste Group raises FY2028 EPS for HD
• Neutral Sentiment: Valuation debate — commentary questioning whether HD is “too late to buy” notes mixed intermediate returns; this fuels debate between value/entry-horizon investors rather than prompting immediate directional moves. Is It Too Late To Consider Home Depot (HD) After Recent Share Price Strength?
• Neutral Sentiment: “Oversold” / rebound narratives — some outlets argue HD is oversold and near a support zone, which can attract buyers but also reflects caution about near-term demand. Oversold Home Depot stock not likely to fall much further
• Neutral Sentiment: Inclusion in “discounted stocks” lists can attract bargain hunters, but these stories typically reflect longer-term thematic ideas rather than immediate catalysts. 3 Discounted Stocks With Strong Rebound Potential
• Negative Sentiment: Operating concerns — Zacks highlighted HD hitting a 52-week low and noted weaker big-ticket demand and margin pressures from investments, which pose near-term downside risks if demand softens further. Home Depot Hits 52-Week Low: Time to Buy Now or Stay Cautious?
• Negative Sentiment: Technical/market-headwind notes — broader coverage pointing out YTD and 1-year weakness for HD can keep some investors on the sidelines until clearer demand or margin improvement appears. The Dow Tests a Key Technical Threshold. Watching Apple, Home Depot Stocks.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on HD shares. Jefferies Financial Group lifted their price objective on Home Depot from $424.00 to $454.00 and gave the stock a “buy” rating in a research report on Tuesday, February 24th. Wells Fargo & Company lifted their price objective on Home Depot from $395.00 to $420.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 25th. KeyCorp reiterated a “sector weight” rating on shares of Home Depot in a research report on Wednesday, February 25th. Wall Street Zen upgraded Home Depot from a “sell” rating to a “hold” rating in a research report on Saturday, March 21st. Finally, UBS Group reiterated an “outperform” rating on shares of Home Depot in a research report on Tuesday, March 24th. Twenty equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $414.17.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. lifted its stake in shares of Home Depot by 1.3% in the 4th quarter. Vanguard Group Inc. now owns 99,635,779 shares of the home improvement retailer’s stock valued at $34,284,672,000 after purchasing an additional 1,325,748 shares during the period. State Street Corp lifted its stake in shares of Home Depot by 1.8% in the 4th quarter. State Street Corp now owns 46,925,342 shares of the home improvement retailer’s stock valued at $16,147,010,000 after purchasing an additional 825,164 shares during the period. Geode Capital Management LLC lifted its stake in shares of Home Depot by 1.5% in the 4th quarter. Geode Capital Management LLC now owns 23,756,142 shares of the home improvement retailer’s stock valued at $8,151,344,000 after purchasing an additional 343,153 shares during the period. Bank of America Corp DE raised its stake in Home Depot by 5.6% during the fourth quarter. Bank of America Corp DE now owns 16,063,532 shares of the home improvement retailer’s stock valued at $5,527,461,000 after buying an additional 851,029 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in Home Depot by 7.8% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 15,471,132 shares of the home improvement retailer’s stock valued at $5,323,620,000 after buying an additional 1,113,114 shares during the last quarter. Hedge funds and other institutional investors own 70.86% of the company’s stock.

Insider Transactions at Home Depot

In other Home Depot news, CFO Richard V. Mcphail sold 2,550 shares of Home Depot stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $368.89, for a total transaction of $940,669.50. Following the completion of the transaction, the chief financial officer owned 44,566 shares in the company, valued at approximately $16,439,951.74. The trade was a 5.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.10% of the company’s stock.

About Representative Doggett

Lloyd Doggett (Democratic Party) is a member of the U.S. House, representing Texas’ 37th Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Doggett (Democratic Party) is running for re-election to the U.S. House to represent Texas’ 37th Congressional District. He declared candidacy for the 2026 election.

Lloyd Doggett was born in Austin, Texas. Doggett graduated from Austin High School in 1964. He earned a B.A. from the University of Texas at Austin in 1967 and a J.D. from the University of Texas in 1970. Doggett’s career experience includes working as an adjunct professor with the University of Texas School of Law. In the 116th Congress, Doggett served on the House Ways & Means Committee, and he co-founded the House Prescription Drug Taskforce.

About Home Depot

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.