Analysts Set The Home Depot, Inc. (NYSE:HD) Target Price at $375.54

The Home Depot, Inc. (NYSE:HD) has been given a consensus recommendation of “Moderate Buy” by the thirty-two analysts that are covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, thirteen have assigned a hold recommendation and eighteen have given a buy recommendation to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $375.1786.

A number of equities analysts have issued reports on HD shares. Stifel Nicolaus lifted their price target on Home Depot from $320.00 to $340.00 and gave the company a “hold” rating in a research note on Monday, August 17th. Wall Street Zen upgraded shares of Home Depot from a “sell” rating to a “hold” rating in a research note on Tuesday, June 2nd. Evercore reduced their target price on Home Depot from $415.00 to $400.00 and set an “outperform” rating for the company in a research report on Wednesday, May 20th. Weiss Ratings raised Home Depot from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, July 7th. Finally, Jefferies Financial Group reissued a “buy” rating and set a $398.00 price objective on shares of Home Depot in a report on Tuesday, August 18th.

Insider Transactions at Home Depot

In other news, EVP Michael Rowe sold 710 shares of the business’s stock in a transaction that occurred on Wednesday, August 26th. The shares were sold at an average price of $336.76, for a total value of $239,099.60. Following the completion of the sale, the executive vice president directly owned 6,838 shares in the company, valued at approximately $2,302,764.88. The trade was a 9.41% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Richard McPhail sold 5,989 shares of Home Depot stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $348.40, for a total transaction of $2,086,567.60. Following the completion of the transaction, the chief financial officer owned 48,104 shares in the company, valued at approximately $16,759,433.60. The trade was a 11.07% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 9,829 shares of company stock worth $3,339,314. 0.08% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Home Depot

A number of hedge funds have recently added to or reduced their stakes in the company. California State Teachers Retirement System lifted its stake in Home Depot by 34,873.9% during the 2nd quarter. California State Teachers Retirement System now owns 525,674,125 shares of the home improvement retailer’s stock valued at $185,394,750,000 after acquiring an additional 524,171,077 shares during the period. BlackRock Inc. bought a new stake in shares of Home Depot in the second quarter worth approximately $28,771,247,000. State Street Corp raised its holdings in shares of Home Depot by 1.8% during the fourth quarter. State Street Corp now owns 46,925,342 shares of the home improvement retailer’s stock valued at $16,147,010,000 after purchasing an additional 825,164 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Home Depot by 1.5% during the fourth quarter. Geode Capital Management LLC now owns 23,756,142 shares of the home improvement retailer’s stock valued at $8,151,344,000 after purchasing an additional 343,153 shares during the last quarter. Finally, Bank of America Corp DE bought a new position in Home Depot during the second quarter valued at approximately $5,780,468,000. 70.86% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Home Depot

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

• Positive Sentiment: Home Depot continues to benefit from momentum among professional customers, digital sales and faster fulfillment. These trends could help offset softer consumer traffic and support longer-term growth. Home Depot Drops 12.4% in a Month: Time to Buy or Stay Cautious?
• Positive Sentiment: The retailer is adding convenience and engagement features to its shopping experience, including a perk modeled after Costco’s approach. The initiative may improve customer retention and store visits, although its financial impact is not yet clear. Home Depot Tries to Copy Major Costco Perk
• Positive Sentiment: Home Depot remains highlighted as a company with a durable record of dividend increases, which may appeal to income-oriented investors during the housing slowdown. 5 Stocks That Keep Raising Their Dividend Regardless of the Market
• Neutral Sentiment: Chief Accounting Officer Kimberly Scardino sold 675 shares for approximately $206,516, reducing her holdings by 7.62% but retaining 8,189 shares. The transaction is relatively small and may have limited investment significance. SEC Insider Trading Filing
• Neutral Sentiment: A quantitative signal has emerged for contrarian options traders, potentially reflecting expectations that HD’s recent weakness is overdone; it does not change the company’s underlying fundamentals. A Rare Quant Signal Just Flashed for Contrarian Options Traders in Home Depot Stock
• Negative Sentiment: Analysts continue to flag weaker store traffic: recent growth has come from larger baskets and fewer transactions, increasing concern that shoppers may keep visiting less frequently as housing activity remains subdued. What Happens to Home Depot Stock If Shoppers Keep Visiting Less?
• Negative Sentiment: Erste Group Bank modestly lowered its FY2028 earnings estimate to $16.02 per share from $16.05, while Bernstein issued a pessimistic forecast for HD. The cautious analyst tone may weigh on sentiment despite Home Depot’s latest earnings beat. Sanford C. Bernstein Issues Pessimistic Forecast for Home Depot Stock

Home Depot Stock Performance

NYSE HD opened at $308.86 on Friday. The firm’s fifty day moving average price is $335.14 and its two-hundred day moving average price is $333.90. The stock has a market cap of $308.14 billion, a PE ratio of 21.61, a PEG ratio of 3.40 and a beta of 0.95. The company has a debt-to-equity ratio of 2.64, a quick ratio of 0.31 and a current ratio of 1.08. Home Depot has a fifty-two week low of $289.10 and a fifty-two week high of $426.75.

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

Home Depot Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Thursday, September 3rd will be paid a $2.33 dividend. This represents a $9.32 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend is Thursday, September 3rd. Home Depot’s payout ratio is currently 65.22%.

Home Depot Company Profile

The Home Depot, Inc is a home improvement retailer that sells building materials, appliances, decor, hardware, tools, paint, lawn and garden products, and related merchandise. The company serves do-it-yourself customers, professional contractors, homebuilders, and other commercial customers through its retail stores and digital platforms.

Home Depot also provides services such as equipment and tool rental, delivery, installation, and project support. Its professional-focused offerings include job-lot quantities, specialized products, credit services, and account support designed for contractors and other trade customers.

Founded in 1978 by Bernie Marcus, Arthur Blank, Ken Langone, and Pat Farrah, the company is headquartered in Atlanta, Georgia.