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

Posted by Danessa Lincoln on May 21st, 2026

Representative Josh Gottheimer (Democratic-New Jersey) recently sold shares of The Home Depot, Inc. (NYSE:HD). In a filing disclosed on May 19th, the Representative disclosed that they had sold between $15,001 and $50,000 in Home Depot stock on April 9th. The trade occurred in the Representative’s “MORGAN STANLEY – ACTIVE ASSET ACCOUNT # 3” account.

Representative Josh Gottheimer also recently made the following trade(s):

Sold $1,001 – $15,000 in shares of 3M (NYSE:MMM) on 4/28/2026.
Purchased $1,001 – $15,000 in shares of Advanced Micro Devices (NASDAQ:AMD) on 4/27/2026.
Sold $1,001 – $15,000 in shares of ServiceNow (NYSE:NOW) on 4/24/2026.
Sold $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 4/24/2026.
Purchased $1,001 – $15,000 in shares of Advanced Micro Devices (NASDAQ:AMD) on 4/23/2026.
Purchased $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 4/16/2026.
Purchased $1,001 – $15,000 in shares of Freeport-McMoRan (NYSE:FCX) on 4/15/2026.
Sold $1,001 – $15,000 in shares of HDFC Bank (NYSE:HDB) on 4/13/2026.
Purchased $1,001 – $15,000 in shares of Intapp (NASDAQ:INTA) on 4/13/2026.
Sold $15,001 – $50,000 in shares of Tractor Supply (NASDAQ:TSCO) on 4/9/2026.

Home Depot Stock Performance

Home Depot stock opened at $310.66 on Thursday. The Home Depot, Inc. has a 1-year low of $289.10 and a 1-year high of $426.75. The company has a current ratio of 1.04, a quick ratio of 0.26 and a debt-to-equity ratio of 3.23. The firm has a market capitalization of $309.42 billion, a PE ratio of 22.06, a price-to-earnings-growth ratio of 3.49 and a beta of 1.00. The firm’s 50 day simple moving average is $328.56 and its 200 day simple moving average is $352.55.

Home Depot (NYSE:HD – Get Free Report) last announced its quarterly earnings results on Tuesday, May 19th. The home improvement retailer reported $3.43 EPS for the quarter, beating the consensus estimate of $3.41 by $0.02. The firm had revenue of $41.77 billion during the quarter, compared to the consensus estimate of $41.59 billion. Home Depot had a net margin of 8.41% and a return on equity of 117.24%. The business’s quarterly revenue was up 4.8% compared to the same quarter last year. During the same period last year, the firm earned $3.56 EPS. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. As a group, analysts expect that The Home Depot, Inc. will post 15.01 earnings per share for the current fiscal year.

Home Depot Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Thursday, March 12th were paid a dividend of $2.33 per share. This is an increase from Home Depot’s previous quarterly dividend of $2.30. This represents a $9.32 annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend was Thursday, March 12th. Home Depot’s dividend payout ratio is presently 65.50%.

Insider Transactions at Home Depot

In other Home Depot news, CFO Richard V. Mcphail sold 2,550 shares of the business’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $368.89, for a total value of $940,669.50. Following the transaction, the chief financial officer owned 44,566 shares in the company, valued at approximately $16,439,951.74. The trade was a 5.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.08% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Home Depot

Several institutional investors and hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. boosted its holdings in Home Depot by 1.3% during the 4th quarter. Vanguard Group Inc. now owns 99,635,779 shares of the home improvement retailer’s stock valued at $34,284,672,000 after acquiring an additional 1,325,748 shares during the period. State Street Corp grew its holdings in shares of Home Depot by 1.8% in the fourth quarter. State Street Corp now owns 46,925,342 shares of the home improvement retailer’s stock worth $16,147,010,000 after purchasing an additional 825,164 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Home Depot by 1.5% in the fourth quarter. Geode Capital Management LLC now owns 23,756,142 shares of the home improvement retailer’s stock worth $8,151,344,000 after purchasing an additional 343,153 shares during the last quarter. Bank of America Corp DE boosted its position in Home Depot by 1.6% during the 1st quarter. Bank of America Corp DE now owns 16,314,357 shares of the home improvement retailer’s stock valued at $5,365,629,000 after buying an additional 250,825 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its position in Home Depot by 7.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 15,471,132 shares of the home improvement retailer’s stock valued at $5,323,620,000 after buying an additional 1,113,114 shares during the period. Institutional investors own 70.86% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the company. UBS Group dropped their price objective on Home Depot from $450.00 to $430.00 and set a “buy” rating for the company in a research note on Wednesday. TD Cowen lowered their price target on Home Depot from $450.00 to $375.00 and set a “buy” rating on the stock in a report on Wednesday. Royal Bank Of Canada dropped their price target on Home Depot from $377.00 to $340.00 and set a “sector perform” rating for the company in a research report on Wednesday. Morgan Stanley cut their price objective on Home Depot from $420.00 to $400.00 and set an “overweight” rating for the company in a report on Wednesday. Finally, Stifel Nicolaus decreased their price objective on shares of Home Depot from $375.00 to $320.00 and set a “hold” rating on the stock in a research report on Monday. Twenty equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Home Depot presently has an average rating of “Moderate Buy” and a consensus target price of $372.29.

View Our Latest Stock Report on HD

Key Home Depot News

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

Positive Sentiment: Home Depot beat Q1 expectations, posting EPS of $3.43 versus estimates of $3.41 and revenue of $41.77 billion versus $41.59 billion expected, which reassured investors that demand is holding up better than feared. Reuters: Home Depot beats quarterly sales estimates on steady demand
Positive Sentiment: The company reaffirmed FY2026 guidance, signaling management confidence despite housing headwinds and high borrowing costs. Yahoo Finance: Home Depot Beats a Lowered Bar as the American Homeowner Defers
Positive Sentiment: Management said Pro demand, digital growth, and distribution expansion are helping offset weakness in big-ticket projects, suggesting the business mix is becoming more resilient. Yahoo Finance: HD Q1 Earnings Call Highlights Pro Push, Steady Outlook
Neutral Sentiment: Several analysts cut price targets after the report, but most kept constructive ratings, indicating valuation has reset without a major change in long-term sentiment. Benzinga: These Analysts Cut Their Forecasts On Home Depot After Q1 Results
Negative Sentiment: Underlying profitability softened as net earnings fell 4.2% year over year, reinforcing concerns that costs are rising faster than sales. Retail Insight Network: Home Depot Q1 profit falls as cost growth outpaces revenue
Negative Sentiment: The housing market remains sluggish, with commentary pointing to delayed big projects and weak turnover, which could limit upside if demand does not improve. Zacks: Home Depot vs. Lowe’s Stock: Same Housing Headwinds, Different Strategies

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey’s 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027.

Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey’s 5th Congressional District. He declared candidacy for the 2026 election.

Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025.

Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

Home Depot Company Profile

(Get Free Report)

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.