Brokerages Set The Home Depot, Inc. (NYSE:HD) Target Price at $416.00

The Home Depot, Inc. (NYSE:HD) has earned an average recommendation of “Moderate Buy” from the thirty-three ratings firms that are currently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell rating, twelve have given a hold rating and twenty have assigned a buy rating to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $416.00.

A number of brokerages have weighed in on HD. Piper Sandler decreased their target price on Home Depot from $441.00 to $422.00 and set an “overweight” rating for the company in a research report on Monday, February 23rd. BNP Paribas Exane increased their price target on Home Depot from $355.00 to $391.00 in a research report on Wednesday, February 25th. TD Cowen restated a “buy” rating on shares of Home Depot in a report on Thursday, March 12th. Robert W. Baird upped their price objective on shares of Home Depot from $400.00 to $430.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 17th. Finally, Telsey Advisory Group increased their target price on shares of Home Depot from $410.00 to $435.00 and gave the stock an “outperform” rating in a report on Wednesday, February 25th.

Home Depot News Summary

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

• Positive Sentiment: Rollout of Pro digital platform and AI project?management tools — HD is expanding its Pro digital experience to give contractors a unified workspace, automation and AI features aimed at improving productivity, stickiness and repeat business. This could help improve professional customer retention and margin mix over time. Article Title
• Positive Sentiment: Marketing push tied to FIFA World Cup 2026 — Partnership with David Beckham and related sweepstakes/promotions aim to drive seasonal backyard and outdoor living demand, which can boost traffic and average ticket in spring/summer. Article Title
• Positive Sentiment: Brick?and?mortar expansion — Announced plan to open 12 U.S. stores in 2026, adding ~1.6M+ sq. ft., supporting long?term growth of store footprint and sales capacity. Article Title
• Neutral Sentiment: Analysts remain mixed — Coverage shows conflicting views on consumer cyclical names including HD; market opinion is not uniform, leaving potential for upgrades/downgrades to move the stock. Article Title
• Neutral Sentiment: Battery recycling coverage — Stories note growing battery recycling markets where HD sells batteries, but this is peripheral to core home improvement revenue and not an immediate earnings driver. Article Title
• Negative Sentiment: Share?price reassessment after recent weakness — Coverage highlights a 7? and 30?day decline and questions over whether HD at current levels is fairly valued given softer comps; that narrative is prompting short?term selling pressure. Article Title
• Negative Sentiment: Unusually large put?option activity — Elevated put buying indicates increased bearish positioning and hedging by traders, which can amplify downside moves and volatility.

Home Depot Stock Performance

Shares of NYSE:HD opened at $328.32 on Friday. The firm’s 50 day simple moving average is $372.63 and its 200-day simple moving average is $374.81. The company has a debt-to-equity ratio of 3.62, a quick ratio of 0.26 and a current ratio of 1.06. Home Depot has a one year low of $324.63 and a one year high of $426.75. The firm has a market cap of $326.84 billion, a PE ratio of 23.07, a price-to-earnings-growth ratio of 3.62 and a beta of 1.09.

Home Depot (NYSE:HD) last announced its quarterly earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $38.01 billion. During the same quarter in the previous year, the business earned $3.13 earnings per share. Home Depot’s quarterly 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. As a group, equities analysts predict that Home Depot will post 15.13 EPS for the current year.

Home Depot Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 12th will be given a $2.33 dividend. This represents a $9.32 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend is Thursday, March 12th. This is a boost from Home Depot’s previous quarterly dividend of $2.30. Home Depot’s dividend payout ratio is currently 65.50%.

Insider Buying and Selling

In other 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 transaction, the chief financial officer directly owned 44,566 shares in the company, valued at approximately $16,439,951.74. This trade represents a 5.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Teresa Wynn Roseborough sold 2,872 shares of Home Depot stock in a transaction that occurred on 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 transaction, the executive vice president directly owned 13,196 shares in the company, valued at approximately $4,599,069.92. The trade was a 17.87% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.10% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in HD. Brighton Jones LLC grew its stake in 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 during the last quarter. Sivia Capital Partners LLC raised its holdings in Home Depot by 7.1% in the second quarter. Sivia Capital Partners LLC now owns 2,598 shares of the home improvement retailer’s stock worth $952,000 after purchasing an additional 173 shares in the last quarter. Schnieders Capital Management LLC. lifted its position in shares of Home Depot by 14.1% during the second quarter. Schnieders Capital Management LLC. now owns 11,587 shares of the home improvement retailer’s stock valued at $4,248,000 after buying an additional 1,433 shares during the last quarter. Campbell & CO Investment Adviser LLC purchased a new stake in shares of Home Depot during the second quarter valued at about $496,000. Finally, Intrua Financial LLC boosted its holdings in shares of Home Depot by 103.3% in the 2nd quarter. Intrua Financial LLC now owns 1,681 shares of the home improvement retailer’s stock valued at $616,000 after buying an additional 854 shares in the last quarter. 70.86% of the stock is currently owned by hedge funds and other institutional investors.

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.