Home Depot (NYSE:HD) Price Target Raised to $435.00

Home Depot (NYSE:HD) had its price objective raised by Telsey Advisory Group from $410.00 to $435.00 in a research report report published on Wednesday, Marketbeat.com reports. The brokerage currently has an outperform rating on the home improvement retailer’s stock.

HD has been the topic of several other reports. The Goldman Sachs Group reissued a “buy” rating and set a $413.00 target price on shares of Home Depot in a research note on Wednesday, December 10th. Robert W. Baird upped their price target on Home Depot from $400.00 to $430.00 and gave the company an “outperform” rating in a research report on Tuesday, February 17th. KGI Securities downgraded Home Depot from an “outperform” rating to a “hold” rating and set a $320.00 price objective for the company. in a research note on Wednesday, November 19th. Stifel Nicolaus decreased their price objective on Home Depot from $370.00 to $350.00 and set a “hold” rating for the company in a research report on Monday, December 1st. Finally, Sanford C. Bernstein upped their target price on Home Depot from $362.00 to $381.00 and gave the company a “market perform” rating in a report on Wednesday, February 18th. Twenty investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $416.00.

Home Depot Price Performance

NYSE HD opened at $380.71 on Wednesday. The company has a current ratio of 1.06, a quick ratio of 0.29 and a debt-to-equity ratio of 3.62. Home Depot has a 1 year low of $326.31 and a 1 year high of $426.75. The company has a market cap of $379.00 billion, a PE ratio of 26.75, a PEG ratio of 13.44 and a beta of 1.08. The stock’s 50-day moving average price is $371.76 and its two-hundred day moving average price is $380.00.

Home Depot (NYSE:HD) last released its earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 earnings per share for the quarter, topping the consensus estimate of $2.52 by $0.20. Home Depot had a net margin of 8.60% and a return on equity of 134.32%. The business had revenue of $38.20 billion for the quarter, compared to the consensus estimate of $38.01 billion. During the same period last year, the firm posted $3.13 earnings per share. The firm’s quarterly revenue was down 3.8% compared to the same quarter last year. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. On average, analysts predict that Home Depot 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 given a dividend of $2.33 per share. The ex-dividend date of this dividend is Thursday, March 12th. This is a boost from Home Depot’s previous quarterly dividend of $2.30. This represents a $9.32 annualized dividend and a yield of 2.4%. Home Depot’s payout ratio is 64.65%.

Insider Buying and Selling at Home Depot

In other news, EVP Ann Marie Campbell sold 145 shares of the firm’s stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $358.26, for a total transaction of $51,947.70. Following the transaction, the executive vice president owned 12,320 shares in the company, valued at approximately $4,413,763.20. This trade represents a 1.16% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Angie Brown sold 1,946 shares of Home Depot stock in a transaction on Friday, December 12th. The shares were sold at an average price of $357.63, for a total transaction of $695,947.98. Following the completion of the sale, the executive vice president directly owned 3,941 shares of the company’s stock, valued at approximately $1,409,419.83. The trade was a 33.06% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 4,963 shares of company stock worth $1,748,845 over the last ninety days. 0.10% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Home Depot

Several institutional investors have recently bought and sold shares of HD. Arwa LLC bought a new stake in shares of Home Depot during the 4th quarter worth about $1,177,000. Financially in Tune LLC bought a new stake in Home Depot during the fourth quarter worth approximately $466,000. OakTrust Wealth Advisors LLC bought a new stake in Home Depot during the fourth quarter worth approximately $284,000. TD Capital Management LLC grew its holdings in Home Depot by 15.7% during the fourth quarter. TD Capital Management LLC now owns 802 shares of the home improvement retailer’s stock valued at $276,000 after purchasing an additional 109 shares during the last quarter. Finally, Sit Investment Associates Inc. raised its position in shares of Home Depot by 5.0% in the fourth quarter. Sit Investment Associates Inc. now owns 63,105 shares of the home improvement retailer’s stock valued at $21,714,000 after purchasing an additional 3,010 shares during the period. 70.86% of the stock is currently owned by institutional investors.

Key Home Depot News

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

• Positive Sentiment: Q4 beats, revenue and dividend hike — Home Depot topped Q4 estimates (EPS and revenue), reported positive comparable‑store sales, and approved a 1.3% dividend increase, signaling management confidence in cash flow. Does Home Depot’s Modest 2026 Outlook And Dividend Hike Reframe The Tech‑And‑Pro Story For HD?
• Positive Sentiment: Pro/customer mix is protecting results — Professional contractors are driving resilience in sales (Pro-focused initiatives, SRS integration and trade services are improving stickiness and margins versus DIY). Home Depot’s Pro Ecosystem Shows Resilience in Soft Market
• Positive Sentiment: Analyst support is increasing — Several firms have raised price targets and some analysts (including TD Cowen coverage) kept or added bullish ratings, giving the stock upward momentum. Home Depot: Pro-Focused Growth and Acquisition Integration Position FY26 as an Inflection Year Supporting a Buy Rating
• Positive Sentiment: Recent price‑target upgrades — Firms including Stifel, Daiwa and others nudged up targets post‑earnings, providing technical and sentiment support for the shares. Home Depot price target raised to $375 from $350 at Stifel
• Neutral Sentiment: 2026 guidance is modest — Management gave conservative FY26 sales/EPS guidance (low‑single‑digit sales growth, flat to low single‑digit EPS growth) and plans ~15 new store openings, which tempers upside until the housing cycle improves. Does Home Depot’s Modest 2026 Outlook And Dividend Hike Reframe The Tech‑And‑Pro Story For HD?
• Negative Sentiment: Macro/housing headwinds weigh on sentiment — High mortgage rates and low existing‑home turnover (“lock‑in” effect) are keeping big discretionary remodel projects on hold, which has driven short‑term investor caution and prior sell‑offs. Jim Cramer Wonders Why People Are Selling Home Depot (HD) Shares

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.