Rep. Lloyd Doggett Purchases Shares of The Home Depot, Inc. (NYSE:HD)

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 Performance

Shares of NYSE HD opened at $286.70 on Wednesday. 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 business’s 50 day moving average is $320.16 and its two-hundred day moving average is $325.90. The company has a market cap of $286.04 billion, a P/E ratio of 20.06, a P/E/G ratio of 2.00 and a beta of 1.00. The Home Depot, Inc. has a 12 month low of $277.15 and a 12 month high of $397.63.

Home Depot (NYSE:HD) last issued its quarterly earnings results 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. The company had revenue of $47.86 billion during 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 company’s quarterly revenue was up 5.7% compared to the same quarter last year. During the same period in the previous year, the company earned $4.68 earnings per share. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. On average, equities analysts expect that The Home Depot, Inc. will post 15.01 EPS for the current year.

Home Depot Dividend Announcement

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

Analysts Set New Price Targets

Several research firms recently commented on HD. UBS Group reiterated a “buy” rating on shares of Home Depot in a research note on Thursday, September 17th. Guggenheim restated a “buy” rating and set a $425.00 price objective on shares of Home Depot in a report on Wednesday, August 19th. Stifel Nicolaus upped their price objective on shares of Home Depot from $320.00 to $340.00 and gave the company a “hold” rating in a research report on Monday, August 17th. Wolfe Research lowered shares of Home Depot from an “outperform” rating to a “peer perform” rating in a research report on Tuesday, June 23rd. Finally, Truist Financial increased their target price on shares of Home Depot from $369.00 to $373.00 and gave the company a “buy” rating in a research note on Wednesday, August 19th. Eighteen investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $375.93.

Insider Buying and Selling

In related news, CFO Richard V. Mcphail sold 5,989 shares of the stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $348.40, for a total transaction of $2,086,567.60. Following the completion of the sale, the chief financial officer owned 48,104 shares in the company, valued at $16,759,433.60. This trade represents a 11.07% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Michael F. Rowe sold 710 shares of Home Depot stock in a transaction dated Wednesday, August 26th. The shares were sold at an average price of $336.76, for a total transaction 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 9,829 shares of company stock valued at $3,339,314 in the last ninety days. Insiders own 0.08% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. BlackRock Inc. bought a new position in shares of Home Depot during the 2nd quarter worth approximately $28,771,247,000. State Street Corp grew its position 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 valued at $16,637,688,000 after acquiring an additional 499,168 shares during the period. Bank of America Corp DE acquired a new position in Home Depot during the second quarter worth $5,780,468,000. Capital World Investors raised its stake in Home Depot by 1.6% during the fourth quarter. Capital World Investors now owns 13,147,117 shares of the home improvement retailer’s stock worth $4,524,166,000 after acquiring an additional 201,694 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Home Depot by 1.9% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 8,040,796 shares of the home improvement retailer’s stock worth $2,766,838,000 after acquiring an additional 152,902 shares in the last quarter. Institutional investors and hedge funds 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 offers a 5.4% free-cash-flow yield, above the 4.5% median for S&P 500 companies. The discount may appeal to value-oriented investors if the company can stabilize sales growth. Why Is Everyone Ignoring Home Depot Stock’s High Cash Yield?
• Positive Sentiment: Analysts continue to view Home Depot as relatively resilient during the weak housing cycle. Repair and maintenance spending, strength among professional customers, and digital growth are helping offset limited housing turnover and affordability challenges. Is Home Depot Still a Defensive Play in a Weak Housing Cycle?
• Positive Sentiment: The company’s ecosystem of stores, contractor relationships, suppliers, distribution, installation services, and delivery supports a long-term competitive advantage. The stock is also trading below its historical valuation, strengthening the potential value case if operating trends improve. Home Depot Stock is Trading Below its Historical Valuation. Should You Buy?
• Neutral Sentiment: Recent coverage highlighted that HD outperformed the broader market during the latest session, but it did not identify a new company-specific catalyst. The move appears to have occurred primarily alongside general market strength. Home Depot Beats Stock Market Upswing
• Negative Sentiment: Jim Cramer said meaningful relief may be limited until interest rates fall, underscoring the stock’s sensitivity to borrowing costs and the housing market. Jim Cramer Sees Little Relief for Home Depot Until Rates Fall
• Negative Sentiment: Home Depot’s sales growth has remained below trend for several years, raising concerns that the market’s low valuation reflects expectations for slower future growth rather than a temporary discount. Massive Update for Home Depot Stock Investors

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.