Congressional Stock Trades
Republican Lawmakers Engage in Routine Stock Trading, Including Home Depot and Costco Sales
Key Points
McCormick's July 30, 2026 Home Depot and Costco trades were conducted in the Growth Partners Roth IRA, and his other disclosed July 30 trades covered a broad set of large-cap names (MDT, NEE, PEP, ABT, MCD, LHX, JNJ, ICE, ITW, EMR) in the same filing window.
Boozman's filings show multiple trades around early July 2026, including purchases of Chevron (CVX), Estee Lauder (EL), Aptiv (APTV) and SPYM, plus earlier PALL and IGV, as well as sales of JPMorgan (JPM) and Travelers (TRV) and a July 30 PayPal (PYPL) purchase and July 31 Cboe (CBOE) sale.
HD's quarterly dividend details tied to these disclosures show a $2.33 per share payout (ex-div date June 4; paid June 18), representing $9.32 annually and a 2.8% yield, with a payout ratio around 66%.
McCormick's Costco trade is also noted: COST shares were sold on July 30, with Costco opening around $953.50 and the stock showing a 52-week range of roughly $844–$1,097, a P/E around 48, and a recent modest dividend ($1.47 paid Aug 7, yield about 0.6%).
For Home Depot specifically, the reports note HD opened around $338.44, with a 50-day moving average about $339.74 and a 200-day moving average near $341.23, along with a market cap near $337.5 billion and a beta close to 0.95.
Two Republican lawmakers disclosed sales of Home Depot stock in July 2026, adding to a growing list of congressional trades drawing public scrutiny. Rep. Richard McCormick of Georgia and Sen. John Boozman of Arkansas each sold HD shares worth between $1,001 and $15,000, according to Watchlist News and Ticker Report.
The trades are routine under congressional disclosure rules, but they highlight how often elected officials move in and out of large consumer stocks. Home Depot opened at roughly $338.44 at the time of the trades, with a market cap near $337.5 billion.
McCormick Dumps HD and Costco on the Same Day
McCormick sold both Home Depot and Costco shares on July 30, 2026, according to Watchlist News. Both trades fell in the $1,001–$15,000 range. The sales happened inside his Growth Partners Roth IRA account.
Costco shares were trading around $953.50 at the time, with a 52-week range of roughly $844 to $1,097. The stock carries a P/E ratio near 48 and pays a modest dividend of $1.47 per share, yielding about 0.6%. McCormick also sold shares in at least ten other large companies that same day, including Johnson & Johnson, McDonald's, and NextEra Energy, per Watchlist News.
Boozman's Busy July: Buys, Sells Across Multiple Sectors
Sen. Boozman's July filings show a flurry of activity beyond the Home Depot sale. He bought shares in Chevron, Estee Lauder, and Aptiv in early July 2026. He also picked up shares of the ETF SPYM, according to Watchlist News.
On the selling side, Boozman unloaded JPMorgan and Travelers shares. He then bought PayPal on July 30 and sold Cboe Global Markets on July 31. The moves span energy, financials, tech, and consumer goods — a wide sweep that looks more like active portfolio management than targeted bets.
Home Depot's Stock Metrics at the Time of the Trades
Home Depot's stock was trading just below its key moving averages when the trades hit. Its 50-day moving average sat near $339.74, and its 200-day moving average was close to $341.23. HD's beta is about 0.95, meaning it moves nearly in step with the broader market.
The company's most recent quarterly dividend was $2.33 per share. The ex-dividend date was June 4, and payment went out June 18. That works out to $9.32 per year and a yield of about 2.8%. The payout ratio sits around 66%, meaning the company pays out roughly two-thirds of its earnings as dividends.
Congressional Stock Trading Stays Under the Microscope
These disclosures are required by the STOCK Act, a 2012 law that forces members of Congress to report trades within 45 days. The law was meant to prevent insider trading, but critics say the ranges — like $1,001 to $15,000 — are too wide to be truly transparent. Neither McCormick nor Boozman has been accused of wrongdoing.
Home Depot and Costco keep appearing across multiple lawmakers' filings in August 2026, per Watchlist News. That pattern suggests these are common holdings, not unusual picks. Still, public interest in elected officials' stock trades remains high as calls for stricter rules continue in Washington.
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