Representative Lloyd Doggett (Democratic-Texas) recently bought shares of The Home Depot, Inc. (NYSE:HD). In a filing disclosed on October 5th, the Representative disclosed that they had bought between $1,001 and $15,000 in Home Depot stock on September 17th.
Representative Lloyd Doggett also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of PPG Industries (NYSE:PPG) on 9/11/2026.
- Purchased $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 9/10/2026.
- Purchased $1,001 – $15,000 in shares of Johnson & Johnson (NYSE:JNJ) on 9/8/2026.
- Purchased $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 8/17/2026.
Home Depot Stock Down 0.4%
Shares of HD stock opened at $285.54 on Thursday. The stock has a 50 day moving average of $319.10 and a 200 day moving average of $325.60. The company has a current ratio of 1.08, a quick ratio of 0.31 and a debt-to-equity ratio of 2.64. The stock has a market cap of $284.88 billion, a P/E ratio of 19.98, a P/E/G ratio of 2.04 and a beta of 1.00. The Home Depot, Inc. has a twelve month low of $277.15 and a twelve month high of $397.63.
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 given a dividend of $2.33 per share. The ex-dividend date was Thursday, September 3rd. This represents a $9.32 dividend on an annualized basis and a yield of 3.3%. Home Depot’s payout ratio is currently 65.22%.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of HD. Bank of Nova Scotia purchased a new position in shares of Home Depot during the 2nd quarter valued at $118,723,000. Gator Capital Management LLC acquired a new stake in shares of Home Depot during the 4th quarter valued at about $3,693,000. AFT Forsyth & Company Inc. acquired a new position in Home Depot in the second quarter worth approximately $1,896,000. Field & Main Bank acquired a new stake in Home Depot in the second quarter valued at approximately $6,286,000. Finally, State Street Corp boosted its holdings in Home Depot by 1.1% in 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 purchasing an additional 499,168 shares in the last quarter. Institutional investors own 70.86% of the company’s stock.
Home Depot News Summary
Here are the key news stories impacting Home Depot this week:
- Positive Sentiment: Home Depot’s free-cash-flow yield is estimated at 5.4%, above the S&P 500 median of 4.5%. That valuation could attract investors if the market concludes the retailer’s business is temporarily out of favor rather than facing a structural decline. Why Is Everyone Ignoring Home Depot Stock’s High Cash Yield?
- Positive Sentiment: The company’s 2026 Innovation Awards highlighted products designed to make renovation projects faster and easier, including Hampton Bay and Glacier Bay ready-to-assemble cabinets with tool-free ClickReady assembly. Such products may support customer engagement and DIY demand, though the direct financial effect is likely limited near term. The Home Depot Announces 2026 Innovation Award Winners
- Neutral Sentiment: Melius Research issued a new rating on Home Depot. The report may influence analyst sentiment, but the available headline does not specify the rating or its price target. Home Depot Receives a New Rating from Melius Research
- Neutral Sentiment: Home Depot outperformed the broader market in the prior session, but that rebound has not changed the stock’s broader downward trend. Home Depot Beats Stock Market Upswing
- Negative Sentiment: Technical analysts say the area near $288, previously support, may now act as resistance. Failure to reclaim that level could signal another leg lower and is contributing to near-term selling pressure. Stock of the Day: Will Home Depot Continue to Trend Lower?
- Negative Sentiment: Jim Cramer sees limited relief for HD until interest rates decline. Higher rates can delay housing activity, remodeling projects and large discretionary purchases, weighing on the retailer’s recovery prospects. Jim Cramer Sees Little Relief for Home Depot Until Rates Fall
Insider Buying and Selling at Home Depot
In related news, EVP Teresa Roseborough sold 2,455 shares of the firm’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 completion of the transaction, the executive vice president owned 14,061 shares of the company’s stock, valued at $4,622,834.97. This trade represents a 14.86% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Kimberly R. Scardino sold 675 shares of the firm’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 sale, the chief accounting officer owned 8,189 shares of the company’s stock, valued at approximately $2,505,424.55. This represents a 7.62% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 9,829 shares of company stock valued at $3,339,314. Corporate insiders own 0.08% of the company’s stock.
Analyst Ratings Changes
HD has been the subject of a number of recent research reports. Guggenheim reiterated a “buy” rating and issued a $425.00 target price on shares of Home Depot in a report on Wednesday, August 19th. Melius Research set a $397.00 price target on Home Depot in a report on Tuesday. Wells Fargo & Company increased their price objective on Home Depot from $360.00 to $400.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 11th. Jefferies Financial Group restated a “buy” rating and set a $398.00 price target on shares of Home Depot in a research note on Tuesday, August 18th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Home Depot in a research note on Friday, October 2nd. Eighteen research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $375.93.
Get Our Latest Research Report on Home Depot
About Representative Doggett
Lloyd Doggett (Democratic Party) is a member of the U.S. House, representing Texas’ 37th Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.
Doggett (Democratic Party) is running for re-election to the U.S. House to represent Texas’ 37th Congressional District. He declared candidacy for the 2026 election.
Lloyd Doggett was born in Austin, Texas. Doggett graduated from Austin High School in 1964. He earned a B.A. from the University of Texas at Austin in 1967 and a J.D. from the University of Texas in 1970. Doggett’s career experience includes working as an adjunct professor with the University of Texas School of Law. In the 116th Congress, Doggett served on the House Ways & Means Committee, and he co-founded the House Prescription Drug Taskforce.
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.
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