Home Depot (NYSE:HD) Price Target Raised to $425.00

Home Depot (NYSE:HD) had its price target upped by Guggenheim from $400.00 to $425.00 in a research note issued to investors on Wednesday,Benzinga reports. Guggenheim currently has a buy rating on the home improvement retailer’s stock.

A number of other equities research analysts also recently commented on the company. Telsey Advisory Group lifted their target price on Home Depot from $410.00 to $435.00 and gave the stock an “outperform” rating in a report on Wednesday. Daiwa Securities Group upped their price objective on shares of Home Depot from $348.00 to $360.00 and gave the company a “neutral” rating in a report on Tuesday, December 16th. UBS Group set a $430.00 price objective on shares of Home Depot in a research note on Wednesday, December 10th. Evercore decreased their target price on shares of Home Depot from $450.00 to $425.00 and set an “outperform” rating for the company in a research report on Wednesday, November 19th. Finally, Oppenheimer cut their price target on Home Depot from $420.00 to $405.00 and set a “market perform” rating on the stock in a research report on Friday, December 5th. Twenty analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $416.00.

Home Depot Trading Up 1.5%

NYSE HD opened at $380.71 on Wednesday. Home Depot has a 12-month low of $326.31 and a 12-month high of $426.75. The company has a fifty day simple moving average of $371.76 and a two-hundred day simple moving average of $380.00. The company has a current ratio of 1.06, a quick ratio of 0.29 and a debt-to-equity ratio of 3.62. The stock has a market cap of $379.00 billion, a P/E ratio of 26.75, a P/E/G ratio of 13.44 and a beta of 1.08.

Home Depot (NYSE:HD) last released its earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.52 by $0.20. Home Depot had a return on equity of 134.32% and a net margin of 8.60%.The firm had revenue of $38.20 billion for the quarter, compared to the consensus estimate of $38.01 billion. During the same period in the prior year, the firm earned $3.13 EPS. The firm’s revenue was down 3.8% on a year-over-year basis. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. On average, analysts forecast that Home Depot will post 15.13 earnings per share for the current year.

Home Depot Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 12th will be paid a dividend of $2.33 per share. This represents a $9.32 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend is Thursday, March 12th. This is an increase from Home Depot’s previous quarterly dividend of $2.30. Home Depot’s dividend payout ratio is currently 64.65%.

Insider Activity at Home Depot

In other news, EVP Teresa Wynn Roseborough sold 2,872 shares of the business’s stock in a transaction that occurred on 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 completion of the sale, the executive vice president directly owned 13,196 shares in the company, valued at $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 through this link. Also, EVP Angie Brown sold 1,946 shares of the company’s stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $357.63, for a total value of $695,947.98. Following the transaction, 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 4,963 shares of company stock worth $1,748,845 in the last 90 days. Corporate insiders own 0.10% of the company’s stock.

Institutional Investors Weigh In On Home Depot

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Arwa LLC acquired a new stake in shares of Home Depot in the fourth quarter valued at about $1,177,000. Financially in Tune LLC purchased a new position in Home Depot in the 4th quarter valued at about $466,000. OakTrust Wealth Advisors LLC purchased a new position in Home Depot in the 4th quarter valued at about $284,000. TD Capital Management LLC boosted its holdings in Home Depot by 15.7% in the 4th quarter. TD Capital Management LLC now owns 802 shares of the home improvement retailer’s stock worth $276,000 after buying an additional 109 shares during the last quarter. Finally, Sit Investment Associates Inc. increased its stake in Home Depot by 5.0% during the 4th quarter. Sit Investment Associates Inc. now owns 63,105 shares of the home improvement retailer’s stock worth $21,714,000 after buying an additional 3,010 shares in the last quarter. Hedge funds and other institutional investors own 70.86% of the company’s stock.

Trending Headlines about Home Depot

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

About Home Depot

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.