Home Depot (NYSE:HD) Price Target Cut to $363.00 by Analysts at Royal Bank Of Canada

Home Depot (NYSE:HD) had its price target reduced by investment analysts at Royal Bank Of Canada from $366.00 to $363.00 in a research report issued on Thursday,Benzinga reports. The brokerage presently has a “sector perform” rating on the home improvement retailer’s stock. Royal Bank Of Canada’s target price suggests a potential downside of 4.28% from the company’s current price.

A number of other equities research analysts have also weighed in on the company. Truist Financial set a $405.00 target price on Home Depot in a research report on Friday, January 16th. Wall Street Zen downgraded Home Depot from a “hold” rating to a “sell” rating in a report on Friday, November 28th. JPMorgan Chase & Co. lowered their price objective on Home Depot from $444.00 to $423.00 and set an “overweight” rating for the company in a research report on Wednesday, November 19th. Gordon Haskett increased their target price on Home Depot from $330.00 to $370.00 and gave the company a “hold” rating in a research note on Wednesday, February 11th. Finally, Oppenheimer reduced their price objective on Home Depot from $420.00 to $405.00 and set a “market perform” rating for the company in a research report on Friday, December 5th. Twenty-one equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Home Depot has an average rating of “Moderate Buy” and an average price target of $408.27.

Home Depot Stock Down 1.1%

Shares of NYSE:HD traded down $4.30 during midday trading on Thursday, hitting $379.22. 605,388 shares of the company’s stock were exchanged, compared to its average volume of 4,181,922. Home Depot has a 12 month low of $326.31 and a 12 month high of $426.75. The company has a market cap of $377.51 billion, a PE ratio of 25.85, a price-to-earnings-growth ratio of 13.69 and a beta of 1.08. The company has a debt-to-equity ratio of 3.82, a current ratio of 1.05 and a quick ratio of 0.29. The stock has a 50 day moving average price of $368.38 and a 200-day moving average price of $380.30.

Home Depot (NYSE:HD) last issued its quarterly earnings data on Tuesday, November 18th. The home improvement retailer reported $3.74 EPS for the quarter, missing analysts’ consensus estimates of $3.83 by ($0.09). Home Depot had a return on equity of 160.74% and a net margin of 8.77%.The company had revenue of $41.35 billion for the quarter, compared to the consensus estimate of $41.06 billion. During the same period in the prior year, the firm posted $3.78 earnings per share. The business’s revenue for the quarter was up 2.8% on a year-over-year basis. On average, sell-side analysts anticipate that Home Depot will post 15.13 EPS for the current fiscal year.

Insider Buying and Selling at Home Depot

In other news, EVP Teresa Wynn Roseborough sold 2,872 shares of the firm’s stock in a transaction dated Friday, December 26th. The stock was sold at an average price of $348.52, for a total value of $1,000,949.44. Following the transaction, the executive vice president owned 13,196 shares of the company’s stock, valued at $4,599,069.92. This trade represents 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 through this hyperlink. Also, EVP Ann Marie Campbell sold 145 shares of Home Depot 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 SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 4,963 shares of company stock worth $1,748,845. 0.10% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Home Depot

Several institutional investors have recently modified their holdings of the stock. Centerpoint Advisory Group raised its stake in shares of Home Depot by 0.8% in the second quarter. Centerpoint Advisory Group now owns 3,163 shares of the home improvement retailer’s stock valued at $1,160,000 after acquiring an additional 26 shares in the last quarter. Disciplined Investors L.L.C. boosted its stake in Home Depot by 2.3% in the second quarter. Disciplined Investors L.L.C. now owns 1,178 shares of the home improvement retailer’s stock valued at $432,000 after acquiring an additional 26 shares in the last quarter. Brio Consultants LLC grew its stake in Home Depot by 4.7% during the 2nd quarter. Brio Consultants LLC now owns 574 shares of the home improvement retailer’s stock worth $210,000 after buying an additional 26 shares during the last quarter. Emprise Bank increased its holdings in shares of Home Depot by 0.8% in the 3rd quarter. Emprise Bank now owns 3,135 shares of the home improvement retailer’s stock valued at $1,270,000 after acquiring an additional 26 shares during the period. Finally, Stegent Equity Advisors Inc. raised its holdings in shares of Home Depot by 2.7% in the third quarter. Stegent Equity Advisors Inc. now owns 1,006 shares of the home improvement retailer’s stock valued at $408,000 after buying an additional 26 shares during the last quarter. 70.86% of the stock is owned by institutional investors.

More Home Depot News

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

• Positive Sentiment: Telsey Advisory Group reaffirmed an “outperform” rating and set a $410 price target, implying upside versus current levels — supportive for investor sentiment. Telsey Advisory Group Outperform
• Positive Sentiment: Zacks highlights that Home Depot has the mix of gross margin levers and pro-customer demand that could produce an earnings beat when Q4 results arrive — a potential catalyst if results surprise to the upside. Home Depot Expected to Beat
• Positive Sentiment: Analyst consensus remains constructive — brokerages aggregate a “Moderate Buy” and the firm emphasizes disciplined capital allocation (dividends, buybacks, targeted investments) that supports long‑term shareholder value. Consensus Rating Moderate Buy
• Neutral Sentiment: Zacks and other analyst pieces note mixed signals: sales and EPS are expected to be down year-over-year for Q4, so outcomes hinge on margin mix and Pro spending — making earnings season the near-term focal point. Pre-Q4 Earnings Considerations
• Neutral Sentiment: Market commentary and media (including Jim Cramer coverage) have spotlighted HD’s recent rally and positioning, which can amplify volatility ahead of results but doesn’t change fundamentals. Jim Cramer Commentary
• Negative Sentiment: Management has tightened bonus access amid a “housing market freeze,” signaling cost-control measures and caution on revenue momentum — a near-term negative for morale and retention risk. Bonuses Tougher Amid Housing Freeze
• Negative Sentiment: Operational issues including theft, product restrictions (power tools locked in cages) and recent ICE-related store incidents are raising customer and execution concerns that could dent traffic and sales trends. Theft and Store Issues
• Negative Sentiment: Shares have pulled back from recent highs amid estimate cuts and housing headwinds, reflecting investor caution ahead of the earnings print. Recent Pullback Coverage

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.