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 September 25th, the Representative disclosed that they had sold between $15,001 and $50,000 in Home Depot stock on August 31st. 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 $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 Stock Performance

Home Depot stock traded down $1.63 during trading on Tuesday, hitting $288.26. The stock had a trading volume of 6,005,702 shares, compared to its average volume of 4,400,428. The stock’s 50 day moving average is $326.05 and its two-hundred day moving average is $328.27. The Home Depot, Inc. has a 1 year low of $287.34 and a 1 year high of $407.00. The stock has a market cap of $287.59 billion, a price-to-earnings ratio of 20.17, a price-to-earnings-growth ratio of 3.23 and a beta of 0.95. 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) last released its earnings results on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.73 by $0.19. Home Depot had a return on equity of 106.42% and a net margin of 8.41%.The business had revenue of $47.86 billion during the quarter, compared to the consensus estimate of $47.24 billion. During the same period last year, the business posted $4.68 earnings per share. The business’s revenue for the quarter was up 5.7% on a year-over-year basis. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. As a group, analysts predict that The Home Depot, Inc. will post 15 EPS for the current year.

Home Depot Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 17th. Investors of record on Thursday, September 3rd were paid a $2.33 dividend. The ex-dividend date was Thursday, September 3rd. This represents a $9.32 annualized dividend and a yield of 3.2%. Home Depot’s dividend payout ratio is presently 65.22%.

Insiders Place Their Bets

In related news, EVP Teresa Roseborough sold 2,455 shares of the business’s stock in a transaction dated 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 directly 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Richard V. Mcphail sold 5,989 shares of the company’s 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 completion of the transaction, the chief financial officer owned 48,104 shares in the company, valued at $16,759,433.60. This represents a 11.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 9,829 shares of company stock worth $3,339,314. 0.08% of the stock is currently owned by corporate insiders.

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

Wall Street Analyst Weigh In

HD has been the topic of a number of research reports. Gordon Haskett boosted their price objective on Home Depot from $320.00 to $330.00 in a research note on Friday, June 12th. 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 for the company in a research report on Wednesday, August 19th. Jefferies Financial Group reiterated a “buy” rating and issued a $398.00 target price on shares of Home Depot in a research note on Tuesday, August 18th. Argus reissued a “buy” rating and issued a $400.00 price target on shares of Home Depot in a research report on Wednesday, August 19th. Finally, Wall Street Zen upgraded shares of Home Depot from a “sell” rating to a “hold” rating in a research note on Tuesday, June 2nd. Eighteen analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $375.18.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in HD. BlackRock Inc. bought a new stake in Home Depot during the 2nd quarter worth approximately $28,771,247,000. State Street Corp boosted its holdings in Home Depot by 1.1% in the 2nd quarter. State Street Corp now owns 47,175,026 shares of the home improvement retailer’s stock valued at $16,637,688,000 after purchasing an additional 499,168 shares during the period. Geode Capital Management LLC boosted its holdings in 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 purchased a new position in shares of Home Depot during the 2nd quarter valued at $5,780,468,000. Finally, Norges Bank purchased a new position in shares of Home Depot during the 4th quarter valued at $4,850,329,000. Hedge funds and other institutional investors own 70.86% 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 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.