Rep. Kevin Hern Sells Off The Home Depot, Inc. (NYSE:HD) Stock

Representative Kevin Hern (Republican-Oklahoma) recently sold shares of The Home Depot, Inc. (NYSE:HD). In a filing disclosed on September 01st, the Representative disclosed that they had sold between $50,001 and $100,000 in Home Depot stock on August 24th. The trade occurred in the Representative’s “HERN FAMILY FOUNDATION” account.

Representative Kevin Hern also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Marsh & McLennan Companies (NYSE:MRSH) on 8/24/2026.
• Sold $15,001 – $50,000 in shares of Medtronic (NYSE:MDT) on 8/24/2026.
• Sold $50,001 – $100,000 in shares of Procter & Gamble (NYSE:PG) on 8/24/2026.
• Sold $1,001 – $15,000 in shares of Lowe’s Companies (NYSE:LOW) on 8/24/2026.
• Sold $15,001 – $50,000 in shares of Microsoft (NASDAQ:MSFT) on 8/21/2026.
• Sold $1,001 – $15,000 in shares of Veralto (NYSE:VLTO) on 8/21/2026.
• Sold $15,001 – $50,000 in shares of Honeywell Aerospace (NASDAQ:HONA) on 8/19/2026.
• Sold $1,001 – $15,000 in shares of Colgate-Palmolive (NYSE:CL) on 8/19/2026.
• Sold $1,001 – $15,000 in shares of Biogen (NASDAQ:BIIB) on 8/18/2026.
• Sold $1,001 – $15,000 in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) on 8/18/2026.

Home Depot Stock Performance

Shares of HD opened at $318.63 on Thursday. The Home Depot, Inc. has a 1 year low of $289.10 and a 1 year high of $426.75. The company’s 50 day simple moving average is $340.43 and its 200 day simple moving average is $337.03. The company has a market capitalization of $317.89 billion, a price-to-earnings ratio of 22.30, a PEG ratio of 3.52 and a beta of 0.95. The company has a debt-to-equity ratio of 2.64, a quick ratio of 0.31 and a current ratio of 1.08.

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

Home Depot Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Thursday, September 3rd will be paid a dividend of $2.33 per share. The ex-dividend date of this dividend is Thursday, September 3rd. This represents a $9.32 annualized dividend and a dividend yield of 2.9%. Home Depot’s dividend payout ratio is presently 65.22%.

Analyst Ratings Changes

Several equities analysts recently weighed in on the company. TD Cowen reiterated a “buy” rating on shares of Home Depot in a research report on Monday, August 10th. Weiss Ratings raised shares of Home Depot from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, July 7th. Gordon Haskett increased their price target on shares of Home Depot from $320.00 to $330.00 in a research note on Friday, June 12th. Jefferies Financial Group reiterated a “buy” rating and issued a $398.00 price target on shares of Home Depot in a report on Tuesday, August 18th. Finally, Morgan Stanley lowered their price objective on shares of Home Depot from $420.00 to $400.00 and set an “overweight” rating for the company in a research note on Wednesday, May 20th. Eighteen analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $375.54.

Home Depot News Roundup

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

• Positive Sentiment: Home Depot’s rollout of AI-powered Magic Apron capabilities across U.S. stores could improve product discovery, project assistance and customer conversion. One analysis argues the stock could be about 15% undervalued if its professional-customer growth narrative develops. Home Depot Could Be 15% Undervalued On Its Pro Growth Narrative
• Positive Sentiment: Home Depot’s FY2027 EPS estimate from Zacks Research increased to $15.03 from $14.95, modestly above the broader $15.00 consensus. The company’s digital sales, broad category gains and higher big-ticket purchases are helping cushion weaker do-it-yourself demand. Home Depot Faces Weak DIY Demand
• Neutral Sentiment: Management will present at the Goldman Sachs Global Consumer and Retail Conference on September 15. Investors may look for updates on housing, professional customers, consumer spending and the company’s outlook, but no new financial guidance was announced. The Home Depot to Present at the Goldman Sachs Global Consumer and Retail Conference
• Neutral Sentiment: A struggling, century-old regional competitor plans to close roughly 25% of its stores. The closures could modestly reduce competition in some markets, although the development is not expected to materially change Home Depot’s near-term results. 107-year-old Home Depot Rival Closing 25% of Its Stores
• Negative Sentiment: High mortgage rates continue to discourage moves and large renovation activity. The probability of changing residences within 12 months has fallen to a record-low 13.5%, while Home Depot reportedly sees “no sign” of a housing turnaround. This is a headwind for project-related and housing-linked sales. Americans Stop Moving as Mortgage Lock-In Persists
• Negative Sentiment: Zacks lowered most cited future EPS estimates, including FY2028 to $16.05 from $16.23 and FY2029 to $17.41 from $17.62. Separate bearish options analyses also highlight elevated downside expectations, reinforcing the stock’s weak technical and sentiment backdrop. Home Depot Bear Put Spread Could Return 181% in 45 Days

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of HD. Bank of Nova Scotia acquired a new stake in Home Depot during the second quarter worth about $118,723,000. Gator Capital Management LLC bought a new stake in Home Depot in the 4th quarter valued at about $3,693,000. AFT Forsyth & Company Inc. bought a new stake in Home Depot in the 2nd quarter valued at about $1,896,000. King Luther Capital Management Corp grew its position in Home Depot by 0.6% in the 4th quarter. King Luther Capital Management Corp now owns 1,240,478 shares of the home improvement retailer’s stock worth $426,848,000 after purchasing an additional 7,180 shares during the last quarter. Finally, E Fund Management Co. Ltd. bought a new position in Home Depot in the 2nd quarter worth about $3,915,000. Institutional investors and hedge funds own 70.86% of the company’s stock.

Insider Activity

In other Home Depot news, EVP Michael F. Rowe sold 710 shares of Home Depot stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $336.76, for a total transaction of $239,099.60. Following the sale, the executive vice president owned 6,838 shares of the company’s stock, valued at $2,302,764.88. The trade was a 9.41% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Richard V. Mcphail sold 5,989 shares of the business’s stock in a transaction on 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 $16,759,433.60. This trade represents a 11.07% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 9,154 shares of company stock valued at $3,132,798. Insiders own 0.08% of the company’s stock.

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 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.