Home Depot (NYSE:HD) Stock Purchase Revealed by Rep. David Taylor

Representative David Taylor (Republican-Ohio) recently bought shares of The Home Depot, Inc. (NYSE:HD). In a filing disclosed on October 1st, the Representative disclosed that they had bought between $1,001 and $15,000 in Home Depot stock on September 22nd. The trade occurred in the Representative’s “DAVID TAYLOR TRUST > SARDINIA READY MIX 401(K) – DAVE” account.

Representative David Taylor also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Marathon Petroleum (NYSE:MPC) on 9/22/2026.
• Purchased $1,001 – $15,000 in shares of Amgen (NASDAQ:AMGN) on 9/22/2026.
• Purchased $1,001 – $15,000 in shares of Installed Building Products (NYSE:IBP) on 9/8/2026.
• Purchased $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 9/8/2026.
• Sold $1,001 – $15,000 in shares of Amgen (NASDAQ:AMGN) on 8/26/2026.
• Sold $1,001 – $15,000 in shares of Vertex Pharmaceuticals (NASDAQ:VRTX) on 8/26/2026.
• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 8/26/2026.
• Purchased $1,001 – $15,000 in shares of Fifth Third Bancorp (NASDAQ:FITB) on 8/26/2026.
• Purchased $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 8/26/2026.
• Purchased $1,001 – $15,000 in shares of American Electric Power (NASDAQ:AEP) on 8/26/2026.

Home Depot Trading Up 0.2%

Shares of NYSE:HD opened at $283.02 on Friday. The company’s 50-day moving average price is $322.40 and its two-hundred day moving average price is $326.75. The Home Depot, Inc. has a one year low of $277.15 and a one year high of $397.63. 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 stock has a market capitalization of $282.36 billion, a PE ratio of 19.81, a price-to-earnings-growth ratio of 3.11 and a beta of 1.00.

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

Home Depot Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 17th. Shareholders of record on Thursday, September 3rd were given a dividend of $2.33 per share. The ex-dividend date of this dividend was Thursday, September 3rd. This represents a $9.32 annualized dividend and a yield of 3.3%. Home Depot’s payout ratio is 65.22%.

Analysts Set New Price Targets

A number of research analysts have weighed in on the company. Jefferies Financial Group restated a “buy” rating and issued a $398.00 price target on shares of Home Depot in a research note on Tuesday, August 18th. Gordon Haskett raised their target price on shares of Home Depot from $320.00 to $330.00 in a research note on Friday, June 12th. Truist Financial boosted their target price on shares of Home Depot from $369.00 to $373.00 and gave the stock a “buy” rating in a report on Wednesday, August 19th. UBS Group reiterated a “buy” rating on shares of Home Depot in a research note on Thursday, September 17th. Finally, Argus restated a “buy” rating and set a $400.00 price objective on shares of Home Depot in a research note on Wednesday, August 19th. Eighteen analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $375.18.

Key Headlines Impacting Home Depot

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

• Positive Sentiment: Home Depot has an average brokerage recommendation equivalent to Buy, and the stock’s recent decline may attract value-oriented investors. However, the article cautions that sell-side ratings can be overly optimistic and should not be viewed as a standalone buy signal. Is It Worth Investing in Home Depot Based on Wall Street’s Bullish Views?
• Positive Sentiment: Home Depot has returned approximately $65.6 billion to shareholders through dividends and repurchases over five years. Management is also investing in professional-customer initiatives, including an Express Delivery rollout intended to support contractors and potentially strengthen long-term growth. Is Home Depot A Bargain After Its Buyback Pause And Share Price Slide?
• Neutral Sentiment: Analysts recently rated Home Depot a “Moderate Buy,” reinforcing broadly constructive sentiment but offering no new fundamental catalyst for the stock. The Home Depot Stock Rated Moderate Buy by Wall Street Brokerages
• Neutral Sentiment: Coverage notes that Home Depot’s rival True Value is consolidating operations and closing a long-operating facility. This may highlight industry restructuring but has limited direct impact on Home Depot’s near-term results. Beloved Home Depot Rival Hardware Chain Store Closes
• Negative Sentiment: The buyback pause since March 2024 has reduced a source of share-price support, while directing cash toward debt reduction and growth projects places greater emphasis on execution and cash generation. Buyback Pause and Share Price Slide
• Negative Sentiment: Home Depot has fallen substantially over the past month despite a relatively stable broader market. Analysts warn that a wider market downturn could increase downside risk, particularly because the stock remains well below its key moving averages. How Risky Is Home Depot Stock?

Hedge Funds Weigh In On Home Depot

Several institutional investors and hedge funds have recently modified their holdings of the stock. QRG Capital Management Inc. increased its position in Home Depot by 7.0% during the second quarter. QRG Capital Management Inc. now owns 172,877 shares of the home improvement retailer’s stock worth $60,970,000 after acquiring an additional 11,256 shares during the period. Envestnet Portfolio Solutions Inc. boosted its holdings in Home Depot by 9.6% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 49,096 shares of the home improvement retailer’s stock valued at $17,315,000 after purchasing an additional 4,292 shares during the period. Envestnet Asset Management Inc. boosted its holdings in Home Depot by 0.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,596,155 shares of the home improvement retailer’s stock valued at $915,609,000 after purchasing an additional 10,708 shares during the period. State Street Corp grew its position in shares of Home Depot by 1.1% during the 2nd 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. Finally, Security National Bank of Sioux City Iowa IA grew its position 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 purchasing an additional 1,909 shares in the last quarter. 70.86% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Home Depot

In other news, CFO Richard McPhail sold 5,989 shares of Home Depot stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $348.40, for a total value of $2,086,567.60. Following the completion of the sale, the chief financial officer directly owned 48,104 shares in the company, valued at approximately $16,759,433.60. The trade was a 11.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Michael Rowe sold 710 shares of the business’s stock in a transaction that occurred on Wednesday, August 26th. The shares were sold at an average price of $336.76, for a total value of $239,099.60. Following the completion of the sale, the executive vice president owned 6,838 shares of the company’s stock, valued at approximately $2,302,764.88. This trade represents a 9.41% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders 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.

About Representative Taylor

David Taylor (Republican Party) is a member of the U.S. House, representing Ohio’s 2nd Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Taylor (Republican Party) ran for election to the U.S. House to represent Ohio’s 2nd Congressional District. He won in the general election on November 5, 2024.

David Taylor graduated from Amelia High School. Taylor earned degrees from Miami University (Ohio) and the University of Dayton School of Law. Taylor’s career experience includes working as an attorney and as a businessman at Sardinia Ready Mix, Inc.

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.