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

Posted by Mark Dietrich on Sep 30th, 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 Price Performance

NYSE HD traded down $1.63 on Tuesday, reaching $288.26. The company had a trading volume of 6,008,809 shares, compared to its average volume of 4,400,452. The Home Depot, Inc. has a 12 month low of $287.34 and a 12 month high of $407.00. 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 firm’s 50 day moving average price is $325.18 and its 200 day moving average price is $327.83. The stock has a market capitalization of $287.59 billion, a PE ratio of 20.17, a price-to-earnings-growth ratio of 3.23 and a beta of 0.95.

Home Depot (NYSE:HD – Get Free Report) last issued its quarterly earnings data on Tuesday, August 18th. The home improvement retailer reported $4.92 EPS for the quarter, topping analysts’ consensus estimates of $4.73 by $0.19. Home Depot had a net margin of 8.41% and a return on equity of 106.42%. The business had revenue of $47.86 billion during the quarter, compared to analysts’ expectations of $47.24 billion. During the same period last year, the company posted $4.68 EPS. The business’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. As a group, equities analysts predict that The Home Depot, Inc. will post 15 earnings per share for the current year.

Home Depot Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 17th. Shareholders of record on Thursday, September 3rd were issued 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 (DPR) is 65.22%.

Insider Transactions at Home Depot

In other Home Depot news, CAO Kimberly R. Scardino sold 675 shares of the firm’s stock in a transaction on Thursday, September 10th. The stock was sold at an average price of $305.95, for a total value of $206,516.25. Following the completion of the sale, the chief accounting officer directly owned 8,189 shares of the company’s stock, valued at $2,505,424.55. This trade represents a 7.62% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Teresa Roseborough sold 2,455 shares of Home Depot 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 transaction, the executive vice president directly owned 14,061 shares in the company, valued at $4,622,834.97. This trade represents a 14.86% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 9,829 shares of company stock valued at $3,339,314 over the last ninety days. Company insiders own 0.08% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently issued reports on HD shares. Wall Street Zen raised shares of Home Depot from a “sell” rating to a “hold” rating in a research note on Tuesday, June 2nd. KeyCorp reiterated a “sector weight” rating on shares of Home Depot in a report on Wednesday, August 19th. Guggenheim restated a “buy” rating and set a $425.00 price objective on shares of Home Depot in a report on Wednesday, August 19th. Truist Financial lifted their target price on Home Depot from $369.00 to $373.00 and gave the company a “buy” rating in a research report on Wednesday, August 19th. Finally, UBS Group reiterated a “buy” rating on shares of Home Depot in a report on Thursday, September 17th. Eighteen research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $375.18.

View Our Latest Stock Analysis on Home Depot

Key Stories Impacting Home Depot

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

Positive Sentiment: Home Depot’s digital investments, faster delivery capabilities and Pro-customer tools are supporting online sales and deeper engagement across its retail ecosystem. These initiatives could help the company gain market share and offset softer discretionary demand. Are Home Depot’s Digital Investments Driving Better Sales and Growth?
Positive Sentiment: Recent comparisons with Lowe’s suggest Home Depot’s operating results have held up better amid difficult economic conditions, making HD the more attractive value candidate for investors seeking exposure to a prolonged housing-market recovery. Which Value Stock Is the More Obvious Buy Now: Home Depot Under $310 a Share or Lowe’s Under $200 a Share?
Positive Sentiment: The retailer is launching its 2026 holiday collection and seasonal promotions, supported by free delivery on more than 2 million items and same-day or next-day delivery on select products. The initiatives may improve holiday traffic and reinforce Home Depot’s convenience advantage. The Home Depot Announces 2026 Holiday Decor Collection and Seasonal Savings
Neutral Sentiment: Home Depot’s long-term investment record remains a notable positive: a Wall Street Journal analysis identified HD as the highest-returning U.S. stock over the past 45 years. However, historical performance is unlikely to drive near-term trading. What Actually Made Home Depot Wall Street’s Best-Kept Compounding Secret?
Negative Sentiment: Analysts warn that mortgage rates near 7.5%, or an extreme move toward 9%, could further freeze housing activity, reduce remodeling projects and pressure demand from homeowners and professionals. Weak results at homebuilders are an additional warning sign for HD. Mortgage Rates Could Hit 9%
Negative Sentiment: One analysis argues that Home Depot is operating from a position of fundamental weakness despite its dominant market position, raising concerns that the discounted share price may reflect slowing underlying performance rather than a buying opportunity. Home Depot Is 32% Below Its All-Time High

Institutional Investors Weigh In On Home Depot

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. BlackRock Inc. purchased a new position in shares of Home Depot during the 2nd quarter valued at approximately $28,771,247,000. Bank of America Corp DE purchased a new stake in Home Depot during the 2nd quarter worth approximately $5,780,468,000. Norges Bank acquired a new position in shares of Home Depot during the fourth quarter valued at approximately $4,850,329,000. Bank of New York Mellon Corp purchased a new position in shares of Home Depot in the second quarter valued at approximately $2,777,396,000. Finally, Corient Private Wealth LP acquired a new stake in shares of Home Depot in the second quarter worth approximately $390,913,000. Institutional investors and hedge funds 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

(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.