Home Depot (NYSE:HD) Stock Price Up 3% – Time to Buy?

The Home Depot, Inc. (NYSE:HD)’s stock price traded up 3% during mid-day trading on Thursday . The company traded as high as $363.24 and last traded at $359.6470. 5,142,868 shares changed hands during trading, an increase of 14% from the average session volume of 4,509,404 shares. The stock had previously closed at $349.06.

Home Depot News Summary

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

• Positive Sentiment: Broad market lift and sector heavyweight performance helped push sentiment toward HD — gains in Home Depot contributed to a larger Dow advance today. Nike, Home Depot share gains contribute to Dow’s nearly 225-point jump
• Positive Sentiment: Vendor issue appears to be cooling — Home Depot’s response around Kurt Weiss Greenhouses reduced a near-term reputational risk that investors were watching. “…Conduct Business in a Responsible Manner”: Home Depot Stock Surges With Kurt Weiss Greenhouses Response
• Positive Sentiment: Structural tailwinds cited by analysts — investor rotation into cash-rich retailers and a renovation spending trend are being flagged as supportive for HD’s sales/margins. Investor Shift To Cash-Rich Retailers And Renovation Trend Could Be A Game Changer For Home Depot (HD)
• Neutral Sentiment: Investor commentary and market coverage highlight HD’s positioning as a potential beneficiary of renovation demand, but these are thematic takes rather than new company data. Home Depot: A Fixer-Upper Amid …
• Negative Sentiment: Unusual put-buying spiked — traders bought ~57,026 HD put contracts (≈ +71% vs. typical), indicating elevated hedging or bearish speculation; this raises short-term downside risk/volatility. Related coverage on unusual options activity is out. Home Depot Unusual Options Activity
• Negative Sentiment: Legal/investor risk: Pomerantz announced an investor probe into Home Depot — such actions can pressure sentiment until scope and merit are clearer. INVESTOR ALERT: Pomerantz Law Firm Investigates Claims…
• Negative Sentiment: Guidance slightly below consensus — HD set FY2025 EPS at 14.478 vs. analyst consensus ~14.51 and revenue guidance a touch under estimates, which can cap upside until execution visibility improves.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Weiss Ratings reissued a “hold (c+)” rating on shares of Home Depot in a report on Monday, December 29th. JPMorgan Chase & Co. reduced their price target on shares of Home Depot from $444.00 to $423.00 and set an “overweight” rating for the company in a research report on Wednesday, November 19th. Citigroup lowered their price objective on shares of Home Depot from $422.00 to $407.00 and set a “buy” rating on the stock in a research report on Friday, November 21st. UBS Group set a $430.00 target price on shares of Home Depot in a report on Wednesday, December 10th. Finally, KGI Securities downgraded shares of Home Depot from an “outperform” rating to a “hold” rating and set a $320.00 target price for the company. in a research note on Wednesday, November 19th. Twenty-one equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, Home Depot presently has a consensus rating of “Moderate Buy” and an average target price of $402.10.

Home Depot Stock Up 3.0%

The company has a debt-to-equity ratio of 3.82, a quick ratio of 0.29 and a current ratio of 1.05. The firm has a market capitalization of $358.03 billion, a price-to-earnings ratio of 24.52, a PEG ratio of 13.01 and a beta of 1.08. The firm has a fifty day moving average price of $355.04 and a 200 day moving average price of $377.63.

Home Depot (NYSE:HD) last released its quarterly earnings data on Tuesday, November 18th. The home improvement retailer reported $3.74 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.83 by ($0.09). Home Depot had a return on equity of 160.74% and a net margin of 8.77%.The business had revenue of $41.35 billion during the quarter, compared to analysts’ expectations of $41.06 billion. During the same quarter in the previous year, the company posted $3.78 EPS. The company’s revenue was up 2.8% compared to the same quarter last year. Home Depot has set its FY 2025 guidance at 14.478-14.478 EPS. As a group, sell-side analysts expect that The Home Depot, Inc. will post 15.13 EPS for the current fiscal year.

Home Depot Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, December 18th. Stockholders of record on Thursday, December 4th were issued a $2.30 dividend. This represents a $9.20 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date was Thursday, December 4th. Home Depot’s dividend payout ratio (DPR) is currently 62.71%.

Insider Buying and Selling

In related news, EVP Teresa Wynn Roseborough sold 2,872 shares of the business’s stock in a transaction dated Friday, December 26th. The shares were sold at an average price of $348.52, for a total transaction of $1,000,949.44. Following the sale, the executive vice president owned 13,196 shares of the company’s stock, valued at approximately $4,599,069.92. The trade was a 17.87% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Ann Marie Campbell sold 145 shares of the stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $358.26, for a total transaction of $51,947.70. Following the completion of the transaction, the executive vice president directly owned 12,320 shares of the company’s stock, valued at approximately $4,413,763.20. This trade represents a 1.16% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 4,963 shares of company stock valued at $1,748,845. Corporate insiders own 0.10% of the company’s stock.

Hedge Funds Weigh In On Home Depot

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Brighton Jones LLC lifted its holdings in shares of Home Depot by 36.5% in the fourth quarter. Brighton Jones LLC now owns 26,918 shares of the home improvement retailer’s stock valued at $10,471,000 after purchasing an additional 7,203 shares in the last quarter. Woodline Partners LP raised its position in shares of Home Depot by 40.7% during the 1st quarter. Woodline Partners LP now owns 83,924 shares of the home improvement retailer’s stock worth $30,757,000 after purchasing an additional 24,273 shares during the last quarter. SCS Capital Management LLC purchased a new stake in Home Depot in the 1st quarter valued at approximately $4,590,000. SageView Advisory Group LLC lifted its stake in Home Depot by 2.8% in the 1st quarter. SageView Advisory Group LLC now owns 20,601 shares of the home improvement retailer’s stock valued at $7,550,000 after buying an additional 553 shares in the last quarter. Finally, Ilmarinen Mutual Pension Insurance Co boosted its stake in shares of Home Depot by 9.2% during the first quarter. Ilmarinen Mutual Pension Insurance Co now owns 166,096 shares of the home improvement retailer’s stock valued at $60,873,000 after acquiring an additional 14,000 shares during the last quarter. 70.86% of the stock is owned by institutional investors and hedge funds.

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.