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 28th, the Representative disclosed that they had bought between $1,001 and $15,000 in Home Depot stock on May 15th. 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 Alphabet (NASDAQ:GOOGL) on 5/15/2026.
• Purchased $1,001 – $15,000 in shares of Medpace (NASDAQ:MEDP) on 5/15/2026.
• Purchased $1,001 – $15,000 in shares of AT&T (NYSE:T) on 5/15/2026.
• Sold $15,001 – $50,000 in shares of Alphabet (NASDAQ:GOOGL) on 5/15/2026.
• Purchased $1,001 – $15,000 in shares of Parker-Hannifin (NYSE:PH) on 5/15/2026.
• Sold $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 5/15/2026.
• 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.

Home Depot Stock Down 1.2%

Shares of NYSE:HD opened at $317.41 on Friday. The Home Depot, Inc. has a 1 year low of $289.10 and a 1 year high of $426.75. The company has a market cap of $316.15 billion, a PE ratio of 22.54, a P/E/G ratio of 3.71 and a beta of 1.00. The company has a debt-to-equity ratio of 3.23, a current ratio of 1.04 and a quick ratio of 0.28. The stock’s 50-day moving average is $324.70 and its 200 day moving average is $349.76.

Home Depot (NYSE:HD) last announced its quarterly earnings results on Tuesday, May 19th. The home improvement retailer reported $3.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.41 by $0.02. Home Depot had a return on equity of 117.24% and a net margin of 8.41%.The company had revenue of $41.77 billion for the quarter, compared to the consensus estimate of $41.59 billion. During the same quarter in the previous year, the business earned $3.56 EPS. Home Depot’s revenue was up 4.8% compared to the same quarter last year. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. Sell-side analysts anticipate that The Home Depot, Inc. will post 15.02 EPS for the current year.

Home Depot Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Thursday, June 4th will be issued a dividend of $2.33 per share. This represents a $9.32 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date is Thursday, June 4th. Home Depot’s payout ratio is currently 66.19%.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. Oppenheimer reduced their price target on Home Depot from $405.00 to $310.00 and set a “market perform” rating on the stock in a report on Monday, May 18th. KeyCorp restated a “sector weight” rating on shares of Home Depot in a report on Wednesday, February 25th. Truist Financial cut their price objective on Home Depot from $394.00 to $369.00 and set a “buy” rating on the stock in a research report on Tuesday, May 19th. Robert W. Baird cut their price objective on Home Depot from $430.00 to $380.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 20th. Finally, DA Davidson cut their price objective on Home Depot from $445.00 to $377.00 and set a “buy” rating on the stock in a research report on Tuesday, May 19th. Twenty equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $371.39.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in HD. Advocate Investing Services LLC bought a new position in shares of Home Depot during the 4th quarter valued at $25,000. Parvin Asset Management LLC grew its position in shares of Home Depot by 110.0% during the third quarter. Parvin Asset Management LLC now owns 63 shares of the home improvement retailer’s stock valued at $26,000 after purchasing an additional 33 shares in the last quarter. Cache Advisors LLC purchased a new position in shares of Home Depot during the first quarter valued at about $27,000. Key Capital Management INC purchased a new position in shares of Home Depot during the fourth quarter valued at about $28,000. Finally, Merkkuri Wealth Advisors LLC purchased a new position in shares of Home Depot during the first quarter valued at about $28,000. Institutional investors own 70.86% of the company’s stock.

Insider Buying and Selling at Home Depot

In related news, CFO Richard V. Mcphail sold 2,550 shares of Home Depot stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $368.89, for a total value of $940,669.50. Following the completion of the transaction, 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.08% of the stock is currently owned by insiders.

More Home Depot News

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

• Positive Sentiment: Zacks Research nudged its Q4 2027 EPS estimate higher for Home Depot, suggesting a slightly better earnings outlook for that period.
• Positive Sentiment: The firm also raised its Q4 2028 and Q1 2029 earnings estimates, indicating longer-term profit expectations remain intact.
• Neutral Sentiment: Home Depot expanded its services by testing on-site car key duplication through a partnership with KeyMe Locksmiths, a move that could help deepen customer engagement over time. Home Depot Tests On Site Car Key Service To Deepen Store Relationships
• Neutral Sentiment: Other recent coverage focused on Home Depot’s relative underperformance versus the consumer discretionary sector and commentary from Jim Cramer, but these items did not add a clear new fundamental catalyst. Home Depot Stock: Is HD Underperforming the Consumer Discretionary Sector?
• Negative Sentiment: Zacks Research trimmed multiple earnings estimates for Home Depot, including Q2 2027, Q3 2027, Q1 2028, Q2 2028, FY2027, FY2028, and FY2029, which can pressure the stock by signaling slower profit growth ahead.
• Negative Sentiment: The analyst firm maintained only a Hold rating, which suggests limited near-term upside in the eyes of the research team.

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.

About Home Depot

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.