Home Depot (NYSE:HD) Stock Sold by Rep. Rick Larsen

Representative Rick Larsen (Democratic-Washington) recently sold shares of The Home Depot, Inc. (NYSE:HD). In a filing disclosed on October 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in Home Depot stock on October 8th. The trade occurred in the Representative’s “RICHARD R LARSEN IRA” account.

Representative Rick Larsen also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of FedEx (NYSE:FDX) on 10/8/2026.
• Purchased $1,001 – $15,000 in shares of Analog Devices (NASDAQ:ADI) on 10/8/2026.
• Purchased $1,001 – $15,000 in shares of Williams-Sonoma (NYSE:WSM) on 10/8/2026.

Home Depot Stock Up 1.2%

Home Depot stock opened at $294.10 on Wednesday. The stock has a market capitalization of $293.42 billion, a PE ratio of 20.58, a price-to-earnings-growth ratio of 2.07 and a beta of 1.00. The Home Depot, Inc. has a twelve month low of $277.15 and a twelve month high of $397.63. 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 company has a 50 day moving average of $315.43 and a 200-day moving average of $324.59.

Home Depot (NYSE:HD) last issued its quarterly earnings data on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.73 by $0.19. The company had revenue of $47.86 billion during the quarter, compared to the consensus estimate of $47.24 billion. Home Depot had a net margin of 8.41% and a return on equity of 106.42%. The firm’s revenue was up 5.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $4.68 earnings per share. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. On average, equities research analysts anticipate that The Home Depot, Inc. will post 15.01 EPS for the current fiscal year.

Home Depot Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, September 17th. Shareholders of record on Thursday, September 3rd were paid 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 3.2%. Home Depot’s payout ratio is presently 65.22%.

Insider Transactions at Home Depot

In other news, EVP Teresa Roseborough sold 2,455 shares of Home Depot stock in a transaction on Friday, August 28th. The stock was sold at an average price of $328.77, for a total transaction of $807,130.35. Following the completion of the sale, the executive vice president owned 14,061 shares of the company’s stock, valued at approximately $4,622,834.97. This trade represents a 14.86% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Michael Rowe sold 710 shares of the business’s 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 completion of the sale, the executive vice president directly owned 6,838 shares of the company’s stock, valued at approximately $2,302,764.88. The trade was a 9.41% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 9,829 shares of company stock worth $3,339,314 over the last quarter. 0.08% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several analysts have issued reports on HD shares. Royal Bank Of Canada dropped their price target on Home Depot from $343.00 to $342.00 and set a “sector perform” rating on the stock in a research note on Wednesday, August 19th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Home Depot in a research report on Friday, October 2nd. KeyCorp reiterated a “sector weight” rating on shares of Home Depot in a report on Wednesday, August 19th. Wolfe Research downgraded Home Depot from an “outperform” rating to a “peer perform” rating in a report on Tuesday, June 23rd. Finally, Jefferies Financial Group reissued a “buy” rating and issued a $398.00 target price on shares of Home Depot in a research report on Tuesday, August 18th. One analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $375.93.

Hedge Funds Weigh In On Home Depot

Hedge funds and other institutional investors have recently made changes to their positions in the company. BlackRock Inc. bought a new position in shares of Home Depot during the second quarter worth approximately $28,771,247,000. Bank of America Corp DE bought a new stake in Home Depot in the 2nd quarter valued at $5,780,468,000. Bank of New York Mellon Corp bought a new stake in Home Depot in the 2nd quarter valued at $2,777,396,000. Corient Private Wealth LP acquired a new position in Home Depot in the 2nd quarter valued at $390,913,000. Finally, Legal & General Group Plc acquired a new position in Home Depot in the 2nd quarter valued at $1,953,883,000. 70.86% of the stock is owned by institutional investors.

About Representative Larsen

Rick Larsen (Democratic Party) is a member of the U.S. House, representing Washington’s 2nd Congressional District. He assumed office on January 3, 2001. His current term ends on January 3, 2027.

Larsen (Democratic Party) is running for re-election to the U.S. House to represent Washington’s 2nd Congressional District. He declared candidacy for the 2026 election.

Since at least 2011, Larsen has been assigned to the Committee on Armed Services and the Committee on Transportation and Infrastructure.

Larsen’s first position as an elected official was in 1998 as a member of the Snohomish County Council.

Larsen earned his bachelor’s degree from Pacific Lutheran University. After earning his master’s degree in public affairs from the University of Minnesota, Larsen worked as the director of public affairs for the Washington State Dental Association and then as an economic development official with the Port of Everett. He went on to serve on the Snohomish County Council before seeking election to the U.S. House.

About Home Depot

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.