Investment Analysts’ Recent Ratings Changes for Home Depot (HD)

Several brokerages have updated their recommendations and price targets on shares of Home Depot (NYSE: HD) in the last few weeks:

• 3/25/2026 – Home Depot had its “outperform” rating reaffirmed by Telsey Advisory Group. They now have a $435.00 price target on the stock.
• 3/24/2026 – Home Depot had its “outperform” rating reaffirmed by UBS Group AG.
• 3/24/2026 – Home Depot had its price target lowered by BNP Paribas Exane from $391.00 to $348.00. They now have a “neutral” rating on the stock.
• 3/21/2026 – Home Depot was upgraded by Wall Street Zen from “sell” to “hold”.
• 3/12/2026 – Home Depot had its “buy” rating reaffirmed by TD Cowen.
• 2/26/2026 – Home Depot had its price target raised by Daiwa Securities Group Inc. from $360.00 to $390.00. They now have a “neutral” rating on the stock.
• 2/25/2026 – Home Depot had its “sector weight” rating reaffirmed by KeyCorp.
• 2/25/2026 – Home Depot had its price target raised by UBS Group AG from $430.00 to $450.00. They now have a “buy” rating on the stock.
• 2/25/2026 – Home Depot had its price target raised by Sanford C. Bernstein from $381.00 to $390.00. They now have a “market perform” rating on the stock.
• 2/25/2026 – Home Depot had its price target raised by Royal Bank Of Canada from $363.00 to $377.00. They now have a “sector perform” rating on the stock.
• 2/25/2026 – Home Depot had its price target lowered by The Goldman Sachs Group, Inc. from $413.00 to $409.00.
• 2/25/2026 – Home Depot had its price target raised by BNP Paribas Exane from $355.00 to $391.00.
• 2/25/2026 – Home Depot had its price target raised by Morgan Stanley from $412.00 to $420.00. They now have an “overweight” rating on the stock.
• 2/25/2026 – Home Depot had its price target raised by Wolfe Research from $413.00 to $414.00. They now have an “outperform” rating on the stock.
• 2/25/2026 – Home Depot had its price target raised by Guggenheim from $400.00 to $425.00. They now have a “buy” rating on the stock.
• 2/25/2026 – Home Depot had its price target raised by Wells Fargo & Company from $395.00 to $420.00. They now have an “overweight” rating on the stock.
• 2/25/2026 – Home Depot had its price target raised by Telsey Advisory Group from $410.00 to $435.00. They now have an “outperform” rating on the stock.
• 2/24/2026 – Home Depot had its price target raised by Jefferies Financial Group Inc. from $424.00 to $454.00. They now have a “buy” rating on the stock.
• 2/24/2026 – Home Depot was given a new $424.00 price target by Truist Financial Corporation.
• 2/24/2026 – Home Depot had its price target raised by DA Davidson from $407.00 to $445.00. They now have a “buy” rating on the stock.
• 2/23/2026 – Home Depot had its price target lowered by Piper Sandler from $441.00 to $422.00. They now have an “overweight” rating on the stock.
• 2/19/2026 – Home Depot had its price target lowered by Royal Bank Of Canada from $366.00 to $363.00. They now have a “sector perform” rating on the stock.
• 2/18/2026 – Home Depot had its price target raised by Sanford C. Bernstein from $362.00 to $381.00. They now have a “market perform” rating on the stock.
• 2/18/2026 – Home Depot had its “outperform” rating reaffirmed by Telsey Advisory Group. They now have a $410.00 price target on the stock.
• 2/17/2026 – Home Depot had its price target raised by Robert W. Baird from $400.00 to $430.00. They now have an “outperform” rating on the stock.
• 2/12/2026 – Home Depot had its price target raised by Citigroup Inc. from $407.00 to $450.00. They now have a “buy” rating on the stock.
• 2/11/2026 – Home Depot had its price target raised by Gordon Haskett from $330.00 to $370.00. They now have a “hold” rating on the stock.
• 2/9/2026 – Home Depot was upgraded by Zacks Research from “strong sell” to “hold”.
• 2/4/2026 – Home Depot had its price target lowered by Wolfe Research from $415.00 to $414.00. They now have an “outperform” rating on the stock.

Home Depot Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Thursday, March 12th were paid a dividend of $2.33 per share. This represents a $9.32 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date was Thursday, March 12th. This is a positive change from Home Depot’s previous quarterly dividend of $2.30. Home Depot’s dividend payout ratio (DPR) is presently 65.50%.

Insider Activity at Home Depot

In other news, CFO Richard V. Mcphail sold 2,550 shares of the stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $368.89, for a total transaction of $940,669.50. Following the completion of the transaction, the chief financial officer directly owned 44,566 shares of the company’s stock, valued at $16,439,951.74. This represents a 5.41% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.10% of the stock is owned by insiders.

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.