Rep. David Taylor Purchases Shares of The Home Depot, Inc. (NYSE:HD)

Representative David Taylor (Republican-Ohio) recently bought shares of The Home Depot, Inc. (NYSE:HD). In a filing disclosed on May 07th, the Representative disclosed that they had bought between $1,001 and $15,000 in Home Depot stock on April 27th. The trade occurred in the Representative’s “DAVID TAYLOR TRUST > SCHWAB JOINT BROKERAGE #1 (HOME GROWN)” account.

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

  • Purchased $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 4/27/2026.
  • Purchased $1,001 – $15,000 in shares of Visa (NYSE:V) on 4/27/2026.
  • Purchased $1,001 – $15,000 in shares of Progressive (NYSE:PGR) on 4/27/2026.
  • Sold $1,001 – $15,000 in shares of Lam Research (NASDAQ:LRCX) on 4/27/2026.
  • Sold $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 4/27/2026.
  • Sold $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 4/27/2026.
  • Sold $1,001 – $15,000 in shares of Kroger (NYSE:KR) on 3/24/2026.
  • Purchased $1,001 – $15,000 in shares of Installed Building Products (NYSE:IBP) on 3/24/2026.
  • Sold $1,001 – $15,000 in shares of Chevron (NYSE:CVX) on 3/12/2026.
  • Purchased $1,001 – $15,000 in shares of Lam Research (NASDAQ:LRCX) on 3/12/2026.

Home Depot Stock Down 1.6%

Shares of HD opened at $317.43 on Friday. The Home Depot, Inc. has a 52 week low of $310.40 and a 52 week high of $426.75. The firm has a market cap of $316.17 billion, a P/E ratio of 22.31, a price-to-earnings-growth ratio of 3.72 and a beta of 1.00. The firm’s 50-day simple moving average is $339.65 and its 200 day simple moving average is $357.57. The company has a debt-to-equity ratio of 3.62, a quick ratio of 0.26 and a current ratio of 1.06.

Home Depot (NYSE:HDGet Free Report) last announced its quarterly earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 EPS for the quarter, beating analysts’ consensus estimates of $2.52 by $0.20. Home Depot had a net margin of 8.60% and a return on equity of 134.32%. The business had revenue of $38.20 billion for the quarter, compared to analyst estimates of $38.01 billion. During the same quarter in the prior year, the business earned $3.13 EPS. Home Depot’s quarterly revenue was down 3.8% on a year-over-year basis. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. On average, analysts forecast that The Home Depot, Inc. will post 15.03 earnings per share for the current year.

Home Depot Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Thursday, March 12th were paid a $2.33 dividend. This is an increase from Home Depot’s previous quarterly dividend of $2.30. The ex-dividend date was Thursday, March 12th. This represents a $9.32 dividend on an annualized basis and a yield of 2.9%. Home Depot’s dividend payout ratio (DPR) is currently 65.50%.

Insider Activity

In related news, CFO Richard V. Mcphail sold 2,550 shares of the stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $368.89, for a total transaction of $940,669.50. Following the sale, the chief financial officer owned 44,566 shares in the company, valued at approximately $16,439,951.74. This trade represents a 5.41% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.08% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have commented on HD shares. Citigroup upped their price objective on Home Depot from $407.00 to $450.00 and gave the company a “buy” rating in a report on Thursday, February 12th. DA Davidson upped their price objective on Home Depot from $407.00 to $445.00 and gave the company a “buy” rating in a report on Tuesday, February 24th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Home Depot in a report on Friday, March 27th. Jefferies Financial Group upped their price objective on Home Depot from $424.00 to $454.00 and gave the company a “buy” rating in a report on Tuesday, February 24th. Finally, Royal Bank Of Canada increased their target price on shares of Home Depot from $363.00 to $377.00 and gave the stock a “sector perform” rating in a research report on Wednesday, February 25th. Twenty investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Home Depot currently has an average rating of “Moderate Buy” and an average price target of $412.24.

Read Our Latest Analysis on HD

Institutional Trading of Home Depot

Several large investors have recently modified their holdings of the stock. Stegent Equity Advisors Inc. grew its holdings in shares of Home Depot by 2.7% during the 3rd quarter. Stegent Equity Advisors Inc. now owns 1,006 shares of the home improvement retailer’s stock worth $408,000 after purchasing an additional 26 shares in the last quarter. Curio Wealth LLC grew its holdings in shares of Home Depot by 13.5% during the 4th quarter. Curio Wealth LLC now owns 218 shares of the home improvement retailer’s stock worth $76,000 after purchasing an additional 26 shares in the last quarter. Arcus Capital Partners LLC grew its holdings in shares of Home Depot by 1.1% during the 3rd quarter. Arcus Capital Partners LLC now owns 2,445 shares of the home improvement retailer’s stock worth $991,000 after purchasing an additional 27 shares in the last quarter. Westfuller Advisors LLC boosted its position in shares of Home Depot by 2.1% during the 4th quarter. Westfuller Advisors LLC now owns 1,325 shares of the home improvement retailer’s stock worth $456,000 after acquiring an additional 27 shares in the last quarter. Finally, Darwin Wealth Management LLC boosted its position in shares of Home Depot by 0.5% during the 4th quarter. Darwin Wealth Management LLC now owns 4,949 shares of the home improvement retailer’s stock worth $1,703,000 after acquiring an additional 27 shares in the last quarter. 70.86% of the stock is owned by institutional investors and hedge funds.

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

(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.

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