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

Posted by Mitch Edgeman 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 $15,001 and $50,000 in Home Depot stock on September 14th. The trade occurred in the Representative’s “HERN FAMILY REVOCABLE TRUST” 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 $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.
Sold $15,001 – $50,000 in shares of Devon Energy (NYSE:DVN) on 9/14/2026.

Home Depot Stock Performance

Shares of Home Depot stock opened at $289.81 on Tuesday. The company has a debt-to-equity ratio of 2.64, a current ratio of 1.08 and a quick ratio of 0.31. The firm has a 50 day simple moving average of $326.05 and a 200 day simple moving average of $328.27. The Home Depot, Inc. has a fifty-two week low of $289.10 and a fifty-two week high of $410.95. The firm has a market cap of $289.14 billion, a P/E ratio of 20.28, a P/E/G ratio of 3.23 and a beta of 0.95.

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

Home Depot Announces Dividend

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

Insider Transactions at Home Depot

In other Home Depot news, EVP Michael Rowe sold 710 shares of the company’s stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $336.76, for a total value of $239,099.60. Following the transaction, the executive vice president directly owned 6,838 shares of the company’s stock, valued at $2,302,764.88. This represents a 9.41% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CAO Kimberly Scardino sold 675 shares of the business’s stock in a transaction dated Thursday, September 10th. The shares were sold at an average price of $305.95, for a total transaction 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 represents a 7.62% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 9,829 shares of company stock valued at $3,339,314. Company insiders own 0.08% of the company’s stock.

Institutional Trading of Home Depot

Several hedge funds and other institutional investors have recently modified their holdings of the company. QRG Capital Management Inc. raised its position in Home Depot by 7.0% in the 2nd quarter. QRG Capital Management Inc. now owns 172,877 shares of the home improvement retailer’s stock valued at $60,970,000 after buying an additional 11,256 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its stake in Home Depot by 9.6% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 49,096 shares of the home improvement retailer’s stock valued at $17,315,000 after acquiring an additional 4,292 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in Home Depot by 0.4% during the second quarter. Envestnet Asset Management Inc. now owns 2,596,155 shares of the home improvement retailer’s stock worth $915,609,000 after purchasing an additional 10,708 shares during the period. State Street Corp raised its stake 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 acquiring an additional 499,168 shares during the period. Finally, Security National Bank of Sioux City Iowa IA lifted its stake in shares of Home Depot by 30.9% during the 2nd quarter. Security National Bank of Sioux City Iowa IA now owns 8,093 shares of the home improvement retailer’s stock worth $2,854,000 after buying an additional 1,909 shares during the last quarter. Institutional investors and hedge funds own 70.86% of the company’s stock.

Wall Street Analyst Weigh In

HD has been the subject of a number of recent research reports. KeyCorp reissued a “sector weight” rating on shares of Home Depot in a research note on Wednesday, August 19th. Wells Fargo & Company raised their price target on Home Depot from $360.00 to $400.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 11th. Guggenheim reissued a “buy” rating and issued a $425.00 target price on shares of Home Depot in a research note on Wednesday, August 19th. Stifel Nicolaus boosted their target price on Home Depot from $320.00 to $340.00 and gave the stock a “hold” rating in a research report on Monday, August 17th. Finally, Mizuho increased their price target on shares of Home Depot from $385.00 to $390.00 and gave the company an “outperform” rating in a research report on Wednesday, August 19th. Eighteen investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Home Depot has a consensus rating of “Moderate Buy” and an average target price of $375.18.

Check Out Our Latest Report on Home Depot

Home Depot News Summary

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

Positive Sentiment: Home Depot remains the dominant U.S. home-improvement retailer, and a Wall Street Journal analysis identified it as the highest-returning U.S. stock over the past 45 years. Its long-term record supports the case for patient investors. What Actually Made Home Depot Wall Street’s Best-Kept Compounding Secret?
Positive Sentiment: The company’s latest reported quarter was better than expected, with earnings per share of $4.92 versus the $4.73 consensus and revenue of $47.86 billion, up 5.7% year over year. This provides some support for the long-term investment case despite near-term pressure.
Neutral Sentiment: Home Depot is attracting unusually high investor attention, but the Zacks coverage does not identify a new business catalyst; it primarily encourages investors to reassess the company’s valuation, outlook, and risks. Is Most-Watched Stock The Home Depot Worth Betting on Now?
Negative Sentiment: Higher mortgage rates are the clearest near-term headwind. Rates around 7.5% are already weakening housing activity, while a potential rise toward 9% could further reduce home purchases, remodeling projects, and existing-home inventory turnover. Weak results from homebuilders Lennar and KB Home reinforce concerns about housing demand. Mortgage Rates Could Hit 9%
Negative Sentiment: Analysts and commentators are also pointing to fundamental weakness, including a prolonged housing turnover freeze and uncertainty over whether Home Depot can sustain its dividend if conditions remain depressed. Shares are roughly 32% below their all-time high and below their 50-day and 200-day moving averages, signaling persistent market caution. 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.

Home Depot Company Profile

(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.