Home Depot (NYSE:HD) Stock Unloaded Sen. Sheldon Whitehouse

Senator Sheldon Whitehouse (Democratic-Rhode Island) recently sold shares of The Home Depot, Inc. (NYSE:HD). In a filing disclosed on March 06th, the Senator disclosed that they had sold between $1,001 and $15,000 in Home Depot stock on February 23rd.

Senator Sheldon Whitehouse also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Verizon Communications (NYSE:VZ) on 2/23/2026.
• Sold $1,001 – $15,000 in shares of Mastercard (NYSE:MA) on 2/23/2026.
• Sold $1,001 – $15,000 in shares of PepsiCo (NASDAQ:PEP) on 2/23/2026.
• Sold $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 1/9/2026.
• Sold $1,001 – $15,000 in shares of NVIDIA (NASDAQ:NVDA) on 1/9/2026.
• Sold $15,001 – $50,000 in shares of McDonald’s (NYSE:MCD) on 1/9/2026.
• Sold $1,001 – $15,000 in shares of Starbucks (NASDAQ:SBUX) on 1/9/2026.

Home Depot Trading Down 0.9%

Home Depot stock opened at $358.28 on Friday. The stock has a market cap of $356.67 billion, a P/E ratio of 25.18, a PEG ratio of 12.86 and a beta of 1.09. The company has a debt-to-equity ratio of 3.62, a current ratio of 1.06 and a quick ratio of 0.26. The Home Depot, Inc. has a 1 year low of $326.31 and a 1 year high of $426.75. The firm’s 50 day moving average price is $373.58 and its 200-day moving average price is $378.62.

Home Depot (NYSE:HD) last released 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 net margin of 8.60% and a return on equity of 134.32%. The company’s quarterly revenue was down 3.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $3.13 earnings per share. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. On average, equities analysts predict that The Home Depot, Inc. will post 15.13 earnings per share for the current fiscal year.

Home Depot Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Thursday, March 12th will be issued a dividend of $2.33 per share. This is an increase from Home Depot’s previous quarterly dividend of $2.30. The ex-dividend date of this dividend is Thursday, March 12th. This represents a $9.32 dividend on an annualized basis and a yield of 2.6%. Home Depot’s payout ratio is 64.65%.

Trending Headlines about Home Depot

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

• Positive Sentiment: Launched a real‑time GPS delivery tracker for big & bulky materials aimed at Pro customers — this product should reduce jobsite downtime, deepen contractor relationships and increase service stickiness for Home Depot’s high-value Pro channel. PR Newswire: Delivery Tracker
• Positive Sentiment: Bullish media endorsement from Jim Cramer — he flagged HD as a core holding for when rates are cut, which can lift investor interest in cyclical/interest-rate-sensitive names. MSN: Jim Cramer
• Positive Sentiment: Dividend increased to $2.33 quarterly (annualized $9.32, ~2.6% yield) — supports income investor demand and underscores management’s confidence in cash flow. MarketBeat: HD overview
• Neutral Sentiment: Institutional repositioning — several smaller institutional buys reported in Q4 but overall ownership remains concentrated (≈71% institutional). These moves are incremental and not large directional shifts. MarketBeat: Institutional activity
• Neutral Sentiment: Mixed analyst coverage — majority of analysts rate HD Buy/Moderate Buy with a consensus target above the current price, but several firms trimmed targets recently; investors watch revisions for guidance on earnings momentum. Yahoo: Buy/Sell/Hold discussion
• Negative Sentiment: Insider selling — CFO Richard McPhail sold 2,550 shares (~$940k). Insider sales can prompt short‑term selling or investor caution even when not uncommon. InsiderTrades: CFO sale
• Negative Sentiment: Top‑line softness and valuation pressure — Q4 revenue fell ~3.8% YoY despite an EPS beat, and some commentary/articles flag valuation concerns relative to growth. High leverage (debt/equity ~3.6) and a payout ratio near ~65% increase sensitivity to slower sales. Yahoo: Delivery tracker + valuation note

Institutional Investors Weigh In On Home Depot

Several large investors have recently added to or reduced their stakes in the stock. Parvin Asset Management LLC boosted its holdings in shares of Home Depot by 110.0% in 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 during the period. Advocate Investing Services LLC purchased a new position in Home Depot during the 4th quarter worth $25,000. Financially Speaking Inc bought a new stake in Home Depot during the 3rd quarter valued at $31,000. Sagard Holdings Management Inc. bought a new stake in Home Depot during the 2nd quarter valued at $29,000. Finally, Key Capital Management INC purchased a new stake in shares of Home Depot in the 4th quarter worth $28,000. 70.86% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have commented on HD. Citigroup boosted their price target on shares of Home Depot from $407.00 to $450.00 and gave the stock a “buy” rating in a research note on Thursday, February 12th. Wall Street Zen cut Home Depot from a “hold” rating to a “sell” rating in a report on Friday, November 28th. UBS Group boosted their target price on Home Depot from $430.00 to $450.00 and gave the stock a “buy” rating in a research report on Wednesday, February 25th. Truist Financial set a $424.00 price target on Home Depot in a research note on Tuesday, February 24th. Finally, Robert W. Baird raised their price target on Home Depot from $400.00 to $430.00 and gave the company an “outperform” rating in a report on Tuesday, February 17th. Twenty 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. Based on data from MarketBeat.com, Home Depot has a consensus rating of “Moderate Buy” and a consensus target price of $416.00.

Insider Transactions 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 sale, the chief financial officer directly owned 44,566 shares in the company, valued at $16,439,951.74. The trade was a 5.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Teresa Wynn Roseborough sold 2,872 shares of the company’s stock in a transaction dated Friday, December 26th. The stock was sold at an average price of $348.52, for a total transaction 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 7,513 shares of company stock worth $2,689,515. Corporate insiders own 0.10% of the company’s stock.

About Senator Whitehouse

Sheldon Whitehouse (Democratic Party) is a member of the U.S. Senate from Rhode Island. He assumed office on January 3, 2007. His current term ends on January 3, 2031.

Whitehouse (Democratic Party) ran for re-election to the U.S. Senate to represent Rhode Island. He won in the general election on November 5, 2024.

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.