Home Depot (NYSE:HD) Sets New 12-Month Low – Here’s What Happened

The Home Depot, Inc. (NYSE:HD)’s stock price hit a new 52-week low on Wednesday . The stock traded as low as $315.31 and last traded at $318.0890, with a volume of 4605020 shares. The stock had previously closed at $326.65.

Key Headlines Impacting Home Depot

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

• Positive Sentiment: Analysts/market pieces argue HD looks oversold and offers long-term upside based on its dividend, aging U.S. housing stock and a consensus price target well above current levels — a buy-and-hold case for income-oriented investors. 3 Discounted Stocks With Strong Rebound Potential
• Positive Sentiment: Home Depot’s Pro business and SRS integration are cited as a key growth lever amid softer retail demand — Pro sales, digital tools and repair-driven spending could stabilize revenue even if DIY demand weakens. Home Depot’s Pro Business: Key Growth Lever Amid Slow Demand?
• Positive Sentiment: Options and technical commentators note HD finding support around ~$320 and suggest bullish strategies (e.g., bull put spreads) for investors who view the pullback as a buying opportunity. That technical support could limit downside near-term. Optimistic on HD? This Bull Put Spread May Fit Perfectly
• Neutral Sentiment: Broader market technicals (Dow test) and general coverage mention HD as a stock to watch given its YTD softness; this provides context but not a direct company-specific catalyst. The Dow Tests a Key Technical Threshold. Watching Apple, Home Depot Stocks.
• Neutral Sentiment: Zacks and other investor-attention pieces note elevated interest in HD and recap factors (dividend, margins, demand mix) — useful summaries but not new drivers. The Home Depot, Inc. (HD) is Attracting Investor Attention: Here is What You Should Know
• Negative Sentiment: High-profile negative commentary (Jim Cramer) and coverage of the recent move to 52‑week lows are pressuring sentiment; public criticism from influential commentators can accelerate selling and heighten volatility. “One of the Most Problematic Positions in My Portfolio” Jim Cramer Turns on Home Depot Stock (NYSE:HD)

Analyst Ratings Changes

Several brokerages have recently weighed in on HD. Telsey Advisory Group reiterated an “outperform” rating and issued a $435.00 price objective on shares of Home Depot in a research note on Wednesday, March 25th. The Goldman Sachs Group lowered their price objective on shares of Home Depot from $413.00 to $409.00 in a research note on Wednesday, February 25th. Daiwa Securities Group increased their price objective on shares of Home Depot from $360.00 to $390.00 and gave the stock a “neutral” rating in a research note on Thursday, February 26th. Wolfe Research increased their price objective on shares of Home Depot from $413.00 to $414.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 25th. Finally, Morgan Stanley increased their price objective on shares of Home Depot from $412.00 to $420.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 25th. Twenty investment 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 MarketBeat, Home Depot presently has a consensus rating of “Moderate Buy” and an average price target of $414.17.

Home Depot Stock Performance

The company has a market cap of $316.82 billion, a P/E ratio of 22.35, a PEG ratio of 3.51 and a beta of 1.09. The business’s 50 day simple moving average is $358.60 and its 200 day simple moving average is $365.95. The company has a current ratio of 1.06, a quick ratio of 0.26 and a debt-to-equity ratio of 3.62.

Home Depot (NYSE:HD) last released its earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 EPS for the quarter, topping analysts’ consensus estimates of $2.52 by $0.20. Home Depot had a net margin of 8.60% and a return on equity of 134.32%. The company had revenue of $38.20 billion for the quarter, compared to analysts’ expectations of $38.01 billion. During the same quarter last year, the business earned $3.13 EPS. The firm’s revenue was down 3.8% compared to the same quarter last year. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. Sell-side analysts predict that The Home Depot, Inc. will post 15.13 earnings per share for the current fiscal year.

Home Depot Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Thursday, March 12th were issued a dividend of $2.33 per share. This is an increase from Home Depot’s previous quarterly dividend of $2.30. The ex-dividend date of this dividend was Thursday, March 12th. This represents a $9.32 dividend on an annualized basis and a yield of 2.9%. Home Depot’s payout ratio is 65.50%.

Insider Transactions at Home Depot

In other Home Depot 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 sale, the chief financial officer directly owned 44,566 shares of the company’s stock, valued at $16,439,951.74. This trade represents a 5.41% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.10% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Home Depot

A number of institutional investors have recently added to or reduced their stakes in the stock. J. Derek Lewis & Associates Inc. purchased a new stake in Home Depot during the 4th quarter valued at approximately $1,448,000. Purpose Unlimited Inc. purchased a new stake in Home Depot during the 4th quarter valued at approximately $162,000. Stance Capital LLC grew its holdings in Home Depot by 20.7% during the 4th quarter. Stance Capital LLC now owns 3,836 shares of the home improvement retailer’s stock valued at $1,320,000 after buying an additional 657 shares in the last quarter. Cornerstone Planning LLC purchased a new stake in Home Depot during the 4th quarter valued at approximately $2,763,000. Finally, Rockefeller Capital Management L.P. grew its holdings in Home Depot by 19.0% during the 4th quarter. Rockefeller Capital Management L.P. now owns 934,312 shares of the home improvement retailer’s stock valued at $321,497,000 after buying an additional 148,875 shares in the last quarter. 70.86% of the stock is owned by hedge funds and other institutional investors.

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.