Home Depot (NYSE:HD) Stock Acquired Rep. Lloyd Doggett

Representative Lloyd Doggett (Democratic-Texas) recently bought shares of The Home Depot, Inc. (NYSE:HD). In a filing disclosed on July 06th, the Representative disclosed that they had bought between $1,001 and $15,000 in Home Depot stock on June 18th.

Representative Lloyd Doggett also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of PPG Industries (NYSE:PPG) on 6/12/2026.
• Purchased $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 6/10/2026.
• Purchased $1,001 – $15,000 in shares of Johnson & Johnson (NYSE:JNJ) on 6/9/2026.
• Purchased $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 5/15/2026.

Home Depot Trading Down 1.5%

Shares of Home Depot stock opened at $345.35 on Wednesday. The Home Depot, Inc. has a 1 year low of $289.10 and a 1 year high of $426.75. The company’s fifty day simple moving average is $324.37 and its 200-day simple moving average is $345.65. The company has a market cap of $344.35 billion, a price-to-earnings ratio of 24.53, a PEG ratio of 4.05 and a beta of 0.95. The company has a current ratio of 1.04, a quick ratio of 0.28 and a debt-to-equity ratio of 3.23.

Home Depot (NYSE:HD) last issued its quarterly earnings results on Tuesday, May 19th. The home improvement retailer reported $3.43 earnings per share for the quarter, beating analysts’ consensus estimates of $3.41 by $0.02. Home Depot had a net margin of 8.41% and a return on equity of 117.24%. The firm had revenue of $41.77 billion during the quarter, compared to the consensus estimate of $41.59 billion. During the same period in the prior year, the firm earned $3.56 EPS. The business’s revenue was up 4.8% on a year-over-year basis. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. As a group, sell-side analysts expect that The Home Depot, Inc. will post 15.01 EPS for the current year.

Home Depot Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th were given a $2.33 dividend. This represents a $9.32 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend was Thursday, June 4th. Home Depot’s dividend payout ratio is currently 66.19%.

Analyst Ratings Changes

A number of analysts have commented on the company. Wolfe Research downgraded Home Depot from an “outperform” rating to a “peer perform” rating in a research report on Tuesday, June 23rd. Weiss Ratings cut shares of Home Depot from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, June 23rd. TD Cowen cut their target price on Home Depot from $450.00 to $375.00 and set a “buy” rating on the stock in a research report on Wednesday, May 20th. Truist Financial lowered their target price on Home Depot from $394.00 to $369.00 and set a “buy” rating for the company in a report on Tuesday, May 19th. Finally, Wall Street Zen upgraded shares of Home Depot from a “sell” rating to a “hold” rating in a research report on Tuesday, June 2nd. Eighteen investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $371.71.

Hedge Funds Weigh In On Home Depot

A number of hedge funds have recently added to or reduced their stakes in the stock. Advocate Investing Services LLC bought a new position in Home Depot during the 4th quarter valued at $25,000. Parvin Asset Management LLC lifted 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 Home Depot during the first quarter worth about $27,000. Key Capital Management INC bought a new stake in Home Depot in the 4th quarter worth about $28,000. Finally, Merkkuri Wealth Advisors LLC purchased a new stake in Home Depot in the 1st quarter valued at about $28,000. Institutional investors and hedge funds own 70.86% of the company’s stock.

About Representative Doggett

Lloyd Doggett (Democratic Party) is a member of the U.S. House, representing Texas’ 37th Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Doggett (Democratic Party) is running for re-election to the U.S. House to represent Texas’ 37th Congressional District. He declared candidacy for the 2026 election.

Lloyd Doggett was born in Austin, Texas. Doggett graduated from Austin High School in 1964. He earned a B.A. from the University of Texas at Austin in 1967 and a J.D. from the University of Texas in 1970. Doggett’s career experience includes working as an adjunct professor with the University of Texas School of Law. In the 116th Congress, Doggett served on the House Ways & Means Committee, and he co-founded the House Prescription Drug Taskforce.

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.