Home Depot (NYSE:HD) Hits New 12-Month Low – Should You Sell?

The Home Depot, Inc. (NYSE:HD) reached a new 52-week low during trading on Tuesday. The stock traded as low as $288.80 and last traded at $288.62, with a volume of 1190185 shares. The stock had previously closed at $289.89.

Home Depot News Roundup

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

• Positive Sentiment: Home Depot announced its 2026 holiday décor collection, including smart trees, seasonal products and gift-focused promotions. The October rollout and planned holiday savings could support fourth-quarter sales, while delivery capabilities and new products may improve customer convenience. The Home Depot Announces 2026 Holiday Decor Collection
• Positive Sentiment: A review of Home Depot’s 45-year investment history highlighted the company as one of the strongest long-term U.S. stock compounders, reinforcing its brand strength, scale and shareholder-return potential. What Actually Made Home Depot Wall Street’s Best-Kept Compounding Secret?
• Neutral Sentiment: Analysts and investors continue to closely watch HD, with attention centered on whether its valuation and recent earnings performance adequately compensate for weak housing turnover and a slower renovation market. Is Most-Watched Stock The Home Depot Worth Betting on Now?
• Neutral Sentiment: A comparison with Lowe’s suggests the better investment may depend on which retailer is more resilient while the housing market remains effectively frozen, leaving investors focused on relative execution rather than price discounts alone. Home Depot vs. Lowe’s: 1 Stock Wins
• Negative Sentiment: Mortgage rates near 7.5% have already weakened housing-related activity, while an extreme move toward 9% could further freeze home sales, remodeling demand and big-ticket purchases—key risks for Home Depot. Mortgage Rates Could Hit 9%: Three Stocks That Will Be Hit Hard
• Negative Sentiment: Bearish commentary argues that HD’s depressed stock price reflects fundamental weakness, while another analysis questions whether its dividend remains secure if housing turnover stays frozen. These concerns are weighing on confidence despite the company’s dividend history. Home Depot Is 32% Below Its All-Time High

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on HD shares. Sanford C. Bernstein decreased their price target on shares of Home Depot from $354.00 to $344.00 and set a “market perform” rating for the company in a research note on Wednesday, September 9th. Gordon Haskett raised their target price on Home Depot from $320.00 to $330.00 in a research note on Friday, June 12th. Mizuho boosted their target price on Home Depot from $385.00 to $390.00 and gave the company an “outperform” rating in a research report on Wednesday, August 19th. Stifel Nicolaus upped their price target on Home Depot from $320.00 to $340.00 and gave the stock a “hold” rating in a research note on Monday, August 17th. Finally, KeyCorp reiterated a “sector weight” rating on shares of Home Depot in a report on Wednesday, August 19th. Eighteen analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Home Depot currently has an average rating of “Moderate Buy” and an average price target of $375.18.

Home Depot Stock Down 0.5%

The firm has a market capitalization of $287.77 billion, a PE ratio of 20.19, a P/E/G ratio of 3.23 and a beta of 0.95. The stock has a 50-day simple moving average of $326.05 and a 200-day simple moving average of $328.27. The company has a quick ratio of 0.31, a current ratio of 1.08 and a debt-to-equity ratio of 2.64.

Home Depot (NYSE:HD) last released its quarterly earnings data on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share for the quarter, beating analysts’ consensus estimates of $4.73 by $0.19. Home Depot had a net margin of 8.41% and a return on equity of 106.42%. The business had revenue of $47.86 billion during the quarter, compared to analyst estimates of $47.24 billion. During the same period in the previous year, the business earned $4.68 EPS. Home Depot’s revenue was up 5.7% compared to the same quarter last year. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. Analysts forecast that The Home Depot, Inc. will post 15 EPS for the current year.

Home Depot Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, September 17th. Investors of record on Thursday, September 3rd were paid a $2.33 dividend. This represents a $9.32 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date of this dividend was Thursday, September 3rd. Home Depot’s dividend payout ratio is currently 65.22%.

Insider Buying and Selling at Home Depot

In other Home Depot news, EVP Teresa Roseborough sold 2,455 shares of Home Depot stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $328.77, for a total value of $807,130.35. Following the transaction, the executive vice president directly owned 14,061 shares of the company’s stock, valued at $4,622,834.97. The trade was a 14.86% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Richard V. Mcphail sold 5,989 shares of the firm’s stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $348.40, for a total value of $2,086,567.60. Following the completion of the sale, the chief financial officer directly owned 48,104 shares of the company’s stock, valued at $16,759,433.60. The trade was a 11.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 9,829 shares of company stock valued at $3,339,314. Insiders own 0.08% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of HD. QRG Capital Management Inc. boosted its stake in Home Depot by 7.0% during the second quarter. QRG Capital Management Inc. now owns 172,877 shares of the home improvement retailer’s stock worth $60,970,000 after acquiring an additional 11,256 shares in the last quarter. Envestnet Portfolio Solutions Inc. grew its holdings in Home Depot by 9.6% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 49,096 shares of the home improvement retailer’s stock worth $17,315,000 after purchasing an additional 4,292 shares during the period. Envestnet Asset Management Inc. increased its stake in shares of Home Depot by 0.4% during the second quarter. Envestnet Asset Management Inc. now owns 2,596,155 shares of the home improvement retailer’s stock valued at $915,609,000 after purchasing an additional 10,708 shares in the last quarter. State Street Corp increased its stake in shares of Home Depot by 1.1% during the second quarter. State Street Corp now owns 47,175,026 shares of the home improvement retailer’s stock valued at $16,637,688,000 after purchasing an additional 499,168 shares in the last quarter. Finally, Security National Bank of Sioux City Iowa IA lifted its holdings in shares of Home Depot by 30.9% during the second quarter. Security National Bank of Sioux City Iowa IA now owns 8,093 shares of the home improvement retailer’s stock valued at $2,854,000 after purchasing an additional 1,909 shares during the last quarter. 70.86% of the stock is currently owned by institutional investors.

About Home Depot

The Home Depot, Inc (NYSE: HD) is a home improvement retailer serving do-it-yourself customers, professional contractors, and other trade professionals. The company sells building materials, appliances, décor, hardware, plumbing and electrical supplies, tools, outdoor products, and lawn and garden merchandise through its retail stores and digital platforms.

Home Depot also provides services such as installation, equipment rental, delivery, and project support. Its professional customer offerings include job-lot quantities, delivery solutions, credit services, and tools designed to help contractors manage construction and renovation projects.