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

Representative Kevin Hern (Republican-Oklahoma) recently sold shares of The Home Depot, Inc. (NYSE:HD). In a filing disclosed on October 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in Home Depot stock on September 23rd. 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 NextEra Energy (NYSE:NEE) on 10/2/2026.
• Sold $15,001 – $50,000 in shares of Lockheed Martin (NYSE:LMT) on 9/23/2026.
• Sold $50,001 – $100,000 in shares of Devon Energy (NYSE:DVN) on 9/23/2026.
• Sold $15,001 – $50,000 in shares of Devon Energy (NYSE:DVN) on 9/23/2026.
• Sold $15,001 – $50,000 in shares of Starbucks (NASDAQ:SBUX) on 9/23/2026.
• Sold $50,001 – $100,000 in shares of Marsh & McLennan Companies (NYSE:MRSH) on 9/23/2026.
• Sold $15,001 – $50,000 in shares of UnitedHealth Group (NYSE:UNH) on 9/23/2026.
• Sold $15,001 – $50,000 in shares of Chevron (NYSE:CVX) on 9/23/2026.
• Sold $1,001 – $15,000 in shares of Chubb (NYSE:CB) on 9/23/2026.
• Sold $15,001 – $50,000 in shares of Lockheed Martin (NYSE:LMT) on 9/17/2026.

Home Depot Price Performance

Shares of HD opened at $295.28 on Thursday. The firm has a 50-day simple moving average of $314.26 and a two-hundred day simple moving average of $324.36. The stock has a market cap of $294.60 billion, a PE ratio of 20.66, a P/E/G ratio of 2.09 and a beta of 1.00. The Home Depot, Inc. has a 1-year low of $277.15 and a 1-year high of $397.63. The company has a debt-to-equity ratio of 2.64, a current ratio of 1.08 and a quick ratio of 0.31.

Home Depot (NYSE:HD) last posted its 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. The firm had revenue of $47.86 billion during the quarter, compared to the consensus estimate of $47.24 billion. Home Depot had a net margin of 8.41% and a return on equity of 106.42%. The firm’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same quarter last year, the firm earned $4.68 EPS. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. As a group, analysts forecast that The Home Depot, Inc. will post 15.01 EPS for the current 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 issued a $2.33 dividend. This represents a $9.32 annualized dividend and a yield of 3.2%. The ex-dividend date was Thursday, September 3rd. Home Depot’s payout ratio is 65.22%.

More Home Depot News

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

• Positive Sentiment: Evercore ISI issued a Buy rating: The analyst endorsement provides a near-term catalyst and signals confidence in Home Depot’s earnings outlook and long-term recovery potential. Home Depot (HD) Gets a Buy from Evercore ISI
• Positive Sentiment: Dividend resilience supports investor appeal: Home Depot has continued raising its dividend through four consecutive years of exceptionally low housing turnover. That record may reassure income-focused investors while the company awaits an improvement in housing activity. Home Depot’s Dividend Is Doing Something Most Retail Stocks Cannot
• Positive Sentiment: Recent trading momentum was favorable: Home Depot rose in the latest session even as the broader market declined, indicating relative strength and helping explain the stock’s continued improvement. Home Depot (HD) Increases Despite Market Slip: Here’s What You Need to Know
• Neutral Sentiment: Comparisons with Walmart highlight Home Depot’s smaller scale and greater seasonal sensitivity, underscoring that its results may be more exposed to housing and renovation cycles. Home Depot vs. Walmart: Comparing Scale and Revenue Seasonality
• Negative Sentiment: The dividend story carries a risk: a key quarterly operating figure could weaken the case for continued dividend strength if it deteriorates. Investors should monitor upcoming results closely. Home Depot’s Dividend Is Doing Something Most Retail Stocks Cannot

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on HD shares. DA Davidson reiterated a “buy” rating and issued a $377.00 price objective on shares of Home Depot in a report on Wednesday, August 19th. Guggenheim reissued a “buy” rating and issued a $425.00 price objective on shares of Home Depot in a research note on Wednesday, August 19th. Stifel Nicolaus lifted their price objective on shares of Home Depot from $320.00 to $340.00 and gave the company a “hold” rating in a report on Monday, August 17th. 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, Royal Bank Of Canada cut their target price on shares of Home Depot from $343.00 to $342.00 and set a “sector perform” rating on the stock in a research note on Wednesday, August 19th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $375.93.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of HD. BlackRock Inc. purchased a new position in shares of Home Depot in the 2nd quarter valued at about $28,771,247,000. State Street Corp boosted its holdings in Home Depot by 1.1% during 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 in the last quarter. Bank of America Corp DE purchased a new stake in Home Depot during the second quarter worth about $5,780,468,000. Bank of New York Mellon Corp purchased a new stake in Home Depot during the second quarter worth about $2,777,396,000. Finally, Corient Private Wealth LP acquired a new position in Home Depot during the second quarter worth about $390,913,000. 70.86% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Home Depot

In other news, EVP Teresa Roseborough sold 2,455 shares of the business’s 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 sale, the executive vice president owned 14,061 shares of the company’s stock, valued at $4,622,834.97. The trade was a 14.86% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Richard V. Mcphail sold 5,989 shares of the business’s stock in a transaction that occurred 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 sale, the chief financial officer directly owned 48,104 shares in the company, 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. In the last ninety days, insiders sold 9,829 shares of company stock valued at $3,339,314. 0.08% of the stock is currently owned by corporate 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.

Home Depot Company Profile

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.