Home Depot (NYSE:HD) Price Target Raised to $414.00

Home Depot (NYSE:HD) had its price target increased by Wolfe Research from $413.00 to $414.00 in a research note published on Wednesday,MarketScreener reports. The brokerage currently has an outperform rating on the home improvement retailer’s stock.

Several other analysts also recently weighed in on HD. Piper Sandler lowered their price objective 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. Gordon Haskett increased their price target on shares of Home Depot from $330.00 to $370.00 and gave the company a “hold” rating in a research report on Wednesday, February 11th. DA Davidson upped their price objective on shares of Home Depot from $407.00 to $445.00 and gave the company a “buy” rating in a research note on Tuesday. Bank of America cut their target price on Home Depot from $450.00 to $430.00 and set a “buy” rating on the stock in a research note on Wednesday, November 19th. Finally, KGI Securities downgraded Home Depot from an “outperform” rating to a “hold” rating and set a $320.00 price target on the stock. in a report on Wednesday, November 19th. Twenty investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Home Depot currently has an average rating of “Moderate Buy” and an average target price of $416.00.

Home Depot Stock Performance

Home Depot stock opened at $380.71 on Wednesday. The firm 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 quick ratio of 0.29, a current ratio of 1.06 and a debt-to-equity ratio of 3.62. Home Depot has a twelve month low of $326.31 and a twelve month high of $426.75. The company has a market capitalization of $379.00 billion, a PE 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 quarterly earnings data on Tuesday, February 24th. The home improvement retailer reported $2.72 EPS for the quarter, topping the consensus estimate of $2.52 by $0.20. The firm had revenue of $38.20 billion for the quarter, compared to the consensus estimate of $38.01 billion. Home Depot had a return on equity of 134.32% and a net margin of 8.60%.The company’s quarterly revenue was down 3.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $3.13 earnings per share. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. Research analysts expect that Home Depot will post 15.13 EPS for the current year.

Home Depot Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 12th will be paid a $2.33 dividend. 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. This represents a $9.32 dividend on an annualized basis and a yield of 2.4%. Home Depot’s payout ratio is currently 64.65%.

Insiders Place Their Bets

In other news, EVP Teresa Wynn Roseborough sold 2,872 shares of the 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 transaction, the executive vice president owned 13,196 shares of the company’s stock, valued at approximately $4,599,069.92. This represents a 17.87% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Ann Marie Campbell sold 145 shares of Home Depot stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $358.26, for a total value of $51,947.70. Following the sale, the executive vice president owned 12,320 shares in the company, valued at $4,413,763.20. This represents a 1.16% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 4,963 shares of company stock worth $1,748,845. Company insiders own 0.10% of the company’s stock.

Institutional Trading of Home Depot

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Brighton Jones LLC lifted its holdings in shares of Home Depot by 36.5% during 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 increased its position in Home Depot by 7.1% during the 2nd quarter. Sivia Capital Partners LLC now owns 2,598 shares of the home improvement retailer’s stock valued at $952,000 after buying an additional 173 shares in the last quarter. Ignite Planners LLC increased its position in Home Depot by 0.7% during the 2nd quarter. Ignite Planners LLC now owns 6,526 shares of the home improvement retailer’s stock valued at $2,346,000 after buying an additional 47 shares in the last quarter. Croban purchased a new position in Home Depot during the second quarter valued at $416,000. Finally, Schnieders Capital Management LLC. boosted its holdings in Home Depot by 14.1% in the second quarter. Schnieders Capital Management LLC. now owns 11,587 shares of the home improvement retailer’s stock worth $4,248,000 after acquiring an additional 1,433 shares in the last quarter. 70.86% of the stock is owned by hedge funds and other institutional investors.

More Home Depot News

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.