Home Depot (NYSE:HD) Stock Acquired Rep. David Taylor

Representative David Taylor (Republican-Ohio) recently bought shares of The Home Depot, Inc. (NYSE:HD). In a filing disclosed on March 20th, the Representative disclosed that they had bought between $1,001 and $15,000 in Home Depot stock on March 12th. 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 Chevron (NYSE:CVX) on 3/12/2026.
• Purchased $1,001 – $15,000 in shares of Lam Research (NASDAQ:LRCX) on 3/12/2026.
• Purchased $1,001 – $15,000 in shares of Installed Building Products (NYSE:IBP) on 3/12/2026.
• Purchased $1,001 – $15,000 in shares of RPM International (NYSE:RPM) on 3/12/2026.
• Purchased $1,001 – $15,000 in shares of Parker-Hannifin (NYSE:PH) on 3/12/2026.
• Sold $1,001 – $15,000 in shares of Marathon Petroleum (NYSE:MPC) on 3/11/2026.
• Purchased $1,001 – $15,000 in shares of Fifth Third Bancorp (NASDAQ:FITB) on 3/11/2026.
• Sold $1,001 – $15,000 in shares of Chevron (NYSE:CVX) on 3/11/2026.
• Purchased $1,001 – $15,000 in shares of RPM International (NYSE:RPM) on 3/11/2026.
• Purchased $1,001 – $15,000 in shares of Visa (NYSE:V) on 2/26/2026.

Home Depot Trading Down 0.1%

NYSE HD traded down $0.19 on Wednesday, reaching $330.72. The company had a trading volume of 757,045 shares, compared to its average volume of 4,252,134. The firm has a market cap of $329.40 billion, a price-to-earnings ratio of 23.24, a P/E/G ratio of 3.62 and a beta of 1.09. The Home Depot, Inc. has a fifty-two week low of $320.26 and a fifty-two week high of $426.75. The business has a 50 day moving average of $369.70 and a two-hundred day moving average of $372.56. The company has a debt-to-equity ratio of 3.62, a current ratio of 1.06 and a quick ratio of 0.26.

Home Depot (NYSE:HD) last announced its earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 EPS for the quarter, topping the consensus estimate of $2.52 by $0.20. The firm had revenue of $38.20 billion for the quarter, compared to the consensus estimate of $38.01 billion. Home Depot had a return on equity of 134.32% and a net margin of 8.60%.The business’s quarterly revenue was down 3.8% compared to the same quarter last year. During the same period in the previous year, the business earned $3.13 EPS. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. Analysts forecast that The Home Depot, Inc. will post 15.13 EPS for the current year.

Home Depot Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 12th will be paid a $2.33 dividend. This is a positive change from Home Depot’s previous quarterly dividend of $2.30. This represents a $9.32 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend is Thursday, March 12th. Home Depot’s payout ratio is presently 65.50%.

Insiders Place Their Bets

In other news, CFO Richard V. Mcphail sold 2,550 shares of the stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $368.89, for a total transaction 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 represents a 5.41% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Teresa Wynn Roseborough sold 2,872 shares of Home Depot stock in a transaction dated Friday, December 26th. The stock was sold at an average price of $348.52, for a total value of $1,000,949.44. Following the completion of the sale, the executive vice president directly owned 13,196 shares of the company’s stock, valued at approximately $4,599,069.92. This trade represents a 17.87% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.10% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have issued reports on the stock. Stifel Nicolaus lowered their price target on shares of Home Depot from $370.00 to $350.00 and set a “hold” rating for the company in a report on Monday, December 1st. Guggenheim upped their price objective on shares of Home Depot from $400.00 to $425.00 and gave the company a “buy” rating in a research note on Wednesday, February 25th. Citigroup increased their price objective on shares of Home Depot from $407.00 to $450.00 and gave the stock a “buy” rating in a research report on Thursday, February 12th. Jefferies Financial Group lifted their target price on shares of Home Depot from $424.00 to $454.00 and gave the stock a “buy” rating in a research note on Tuesday, February 24th. Finally, Telsey Advisory Group boosted their target price on shares of Home Depot from $410.00 to $435.00 and gave the company an “outperform” rating in a report on Wednesday, February 25th. Twenty research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Home Depot presently has a consensus rating of “Moderate Buy” and a consensus price target of $414.52.

Hedge Funds Weigh In On Home Depot

A number of institutional investors and hedge funds have recently modified their holdings of HD. Silphium Asset Management Ltd increased its stake in shares of Home Depot by 77.2% during the 3rd quarter. Silphium Asset Management Ltd now owns 13,544 shares of the home improvement retailer’s stock worth $5,488,000 after purchasing an additional 5,900 shares during the last quarter. West Family Investments Inc. raised its holdings in shares of Home Depot by 65.6% in the 2nd quarter. West Family Investments Inc. now owns 3,630 shares of the home improvement retailer’s stock worth $1,331,000 after purchasing an additional 1,438 shares during the period. Truist Financial Corp lifted its stake in Home Depot by 0.3% in the third quarter. Truist Financial Corp now owns 1,095,113 shares of the home improvement retailer’s stock valued at $443,729,000 after purchasing an additional 3,608 shares during the last quarter. Asset Management One Co. Ltd. grew its holdings in Home Depot by 2.3% during the third quarter. Asset Management One Co. Ltd. now owns 534,564 shares of the home improvement retailer’s stock valued at $216,600,000 after purchasing an additional 12,239 shares during the period. Finally, Atlantic Union Bankshares Corp grew its holdings in Home Depot by 59.9% during the third quarter. Atlantic Union Bankshares Corp now owns 107,438 shares of the home improvement retailer’s stock valued at $43,533,000 after purchasing an additional 40,232 shares during the period. 70.86% of the stock is currently owned by institutional investors.

More Home Depot News

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

• Positive Sentiment: SRS (Home Depot subsidiary) agreed to buy Mingledorff’s, a 42-location HVAC wholesale distributor — expands HD’s Pro distribution footprint in the Southeast, increases TAM exposure to HVAC (analysts highlight a large $100B HVAC opportunity) and accelerates the company’s push deeper into specialty trade distribution. The Home Depot Subsidiary SRS Distribution Enters into Agreement to Acquire Wholesale HVAC Distributor Mingledorff’s
• Positive Sentiment: J.P. Morgan maintained a Buy on HD and framed the Mingledorff’s deal as unlocking a sizable HVAC opportunity (reported as expanding the Pro platform and accretive to long‑term growth for pros). This institutional endorsement supports upside from the acquisition strategy. Expanding the Pro Platform: Home Depot’s Mingledorff’s Acquisition Unlocks a $100B HVAC Opportunity
• Positive Sentiment: Home Depot is enhancing its Pro digital experience with project‑management and AI planning tools — these features aim to deepen pro customer engagement, improve retention and lift sales per account over time. The Home Depot beefs up digital shopping experience for pros
• Positive Sentiment: Home Depot plans to open 12 new U.S. stores in 2026 across eight states — a modest but strategic physical expansion that supports pro and DIY distribution growth. Home Depot to open 12 new US stores in 2026. See where.
• Positive Sentiment: Positive PR milestone: coverage highlighting Home Depot’s charitable giving and community efforts — helps brand perception and investor sentiment. “$1 Billion in Charitable Giving”: Home Depot Stock (NYSE:HD) Clears Milestone, Surges
• Neutral Sentiment: Investor interest pieces and comparisons (Zacks, 247WallSt, USA Today coverage) are prompting more retail attention but don’t add immediate fundamental news — they may increase trading volume and volatility. The Home Depot, Inc. (HD) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Industry churn: a 54‑year rival closed a store — underscores the competitive advantage of scale for big-box players, but it’s not a material company development for HD itself. 54-year-old Home Depot rival closes store, no bankruptcy
• Negative Sentiment: BNP Paribas Exane cut its price target on HD from $391 to $348 and set a Neutral rating — a downgrade to near-term expectations that could cap upside and exert selling pressure despite strategic positives. BNP Paribas Exane lowers Home Depot price target

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 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.