Home Depot (NYSE:HD) Shares Sold Off by Rep. Kevin Hern

Posted by Ethan Ryder 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 August 27th. The trade occurred in the Representative’s “KEVIN HERN TRADITIONAL IRA” 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 0.6%

Home Depot stock traded down $1.63 during mid-day trading on Tuesday, hitting $288.26. 6,005,702 shares of the stock were exchanged, compared to its average volume of 4,400,428. The company has a quick ratio of 0.31, a current ratio of 1.08 and a debt-to-equity ratio of 2.64. The Home Depot, Inc. has a 12 month low of $287.34 and a 12 month high of $407.00. The firm’s fifty day simple moving average is $326.05 and its two-hundred day simple moving average is $328.27. The stock has a market capitalization of $287.59 billion, a price-to-earnings ratio of 20.17, a PEG ratio of 3.23 and a beta of 0.95.

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

Home Depot Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 17th. Shareholders 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 is currently 65.22%.

Institutional Trading of Home Depot

Hedge funds have recently bought and sold shares of the business. Curio Wealth LLC boosted its holdings in Home Depot by 13.5% in the fourth quarter. Curio Wealth LLC now owns 218 shares of the home improvement retailer’s stock worth $76,000 after purchasing an additional 26 shares in the last quarter. Weaver Consulting Group boosted its position in Home Depot by 1.0% during the fourth quarter. Weaver Consulting Group now owns 2,986 shares of the home improvement retailer’s stock worth $1,028,000 after purchasing an additional 30 shares during the period. Evelyn Partners Asset Management Ltd grew its holdings in Home Depot by 13.2% during the fourth quarter. Evelyn Partners Asset Management Ltd now owns 257 shares of the home improvement retailer’s stock valued at $88,000 after purchasing an additional 30 shares during the last quarter. South Plains Financial Inc. raised its position in shares of Home Depot by 1.4% in the fourth quarter. South Plains Financial Inc. now owns 2,225 shares of the home improvement retailer’s stock valued at $766,000 after purchasing an additional 30 shares during the period. Finally, Aspen Investment Management Inc raised its position in shares of Home Depot by 0.5% in the first quarter. Aspen Investment Management Inc now owns 6,422 shares of the home improvement retailer’s stock valued at $2,112,000 after purchasing an additional 30 shares during the period. Institutional investors and hedge funds own 70.86% of the company’s stock.

Insider Activity

In related news, EVP Michael Rowe sold 710 shares of the company’s stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $336.76, for a total transaction of $239,099.60. Following the completion of the sale, the executive vice president directly owned 6,838 shares of the company’s stock, valued at approximately $2,302,764.88. This represents a 9.41% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Teresa Roseborough sold 2,455 shares of the firm’s stock in a transaction on Friday, August 28th. The shares were 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. The trade was a 14.86% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 9,829 shares of company stock valued at $3,339,314 over the last three months. Corporate insiders own 0.08% of the company’s stock.

Wall Street Analyst Weigh In

HD has been the topic of a number of recent analyst reports. Stifel Nicolaus boosted their price objective on Home Depot from $320.00 to $340.00 and gave the company a “hold” rating in a research note on Monday, August 17th. Argus reiterated a “buy” rating and issued a $400.00 target price on shares of Home Depot in a report on Wednesday, August 19th. TD Cowen reissued a “buy” rating on shares of Home Depot in a research note on Monday, August 10th. Royal Bank Of Canada cut their price target on Home Depot from $343.00 to $342.00 and set a “sector perform” rating on the stock in a report on Wednesday, August 19th. Finally, Weiss Ratings upgraded shares of Home Depot from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, July 7th. Eighteen research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $375.18.

Check Out Our Latest Analysis on HD

Trending Headlines about Home Depot

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

Positive Sentiment: Home Depot’s digital investments, faster delivery options and Pro-focused tools are supporting online sales and deeper customer engagement. These initiatives could help the company gain market share and improve its retail ecosystem over time. Are Home Depot’s Digital Investments Driving Better Sales and Growth?
Positive Sentiment: Analysts comparing Home Depot with Lowe’s argue that HD’s results have held up better despite similar economic headwinds. Its scale, professional-customer focus and stronger relative performance may make it the preferred value play if the housing market remains weak. Which Value Stock Is the More Obvious Buy Now
Positive Sentiment: The company announced its 2026 holiday merchandise rollout, including seasonal décor, smart trees, gifts and free delivery on more than 2 million items. The launch could provide a modest seasonal sales benefit, though its financial impact is likely limited relative to broader housing trends. The Home Depot Announces 2026 Holiday Decor Collection
Neutral Sentiment: Home Depot’s long-term record remains a source of investor support: a Wall Street Journal analysis identified HD as the highest-returning U.S. stock over the past 45 years. However, historical compounding does not resolve current-cycle concerns. What Actually Made Home Depot Wall Street’s Best-Kept Compounding Secret?
Negative Sentiment: Higher mortgage rates are weighing on housing activity and could reduce demand for home purchases, renovations and large-ticket projects. A potential move toward 9% mortgage rates, although not the base case, represents a significant downside risk for HD. Mortgage Rates Could Hit 9%
Negative Sentiment: One bearish analysis says Home Depot is operating from a position of fundamental weakness despite its dominant market position. This reinforces concerns that a discounted valuation alone may not trigger a sustained recovery while consumer and housing conditions remain unfavorable. Home Depot Is 32% Below Its All-Time High

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.