Home Depot (NYSE:HD) Releases FY 2026 Earnings Guidance

Home Depot (NYSE:HD) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 14.230-14.799 for the period, compared to the consensus earnings per share estimate of 14.500. The company issued revenue guidance of -.

Home Depot Trading Down 1.6%

HD stock opened at $376.02 on Tuesday. Home Depot has a twelve month low of $326.31 and a twelve month high of $426.75. The stock has a market capitalization of $374.33 billion, a price-to-earnings ratio of 25.63, a price-to-earnings-growth ratio of 13.66 and a beta of 1.08. The company has a quick ratio of 0.29, a current ratio of 1.05 and a debt-to-equity ratio of 3.82. The firm’s fifty day simple moving average is $369.64 and its two-hundred day simple moving average is $380.14.

Home Depot (NYSE:HD) last released its quarterly earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 EPS for the quarter, topping analysts’ consensus estimates of $2.53 by $0.19. Home Depot had a net margin of 8.77% and a return on equity of 160.74%. The firm had revenue of $38.20 billion during the quarter, compared to analysts’ expectations of $38.01 billion. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. As a group, analysts anticipate that Home Depot will post 15.13 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. Sanford C. Bernstein raised their price target on Home Depot from $362.00 to $381.00 and gave the stock a “market perform” rating in a research note on Wednesday, February 18th. Daiwa Securities Group increased their target price on Home Depot from $348.00 to $360.00 and gave the stock a “neutral” rating in a research note on Tuesday, December 16th. UBS Group set a $430.00 target price on shares of Home Depot in a research note on Wednesday, December 10th. Oppenheimer reduced their price target on shares of Home Depot from $420.00 to $405.00 and set a “market perform” rating on the stock in a research note on Friday, December 5th. Finally, Piper Sandler cut their price target on shares of Home Depot from $441.00 to $422.00 and set an “overweight” rating on the stock in a report on Monday. Twenty-one investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $407.63.

Insider Transactions at Home Depot

In other news, EVP Teresa Wynn Roseborough sold 2,872 shares of the business’s stock in a transaction 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 sale, the executive vice president directly owned 13,196 shares of the company’s stock, valued at $4,599,069.92. The trade was a 17.87% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Ann Marie Campbell sold 145 shares of the company’s stock in a transaction 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 completion of the transaction, the executive vice president directly owned 12,320 shares in the company, valued at approximately $4,413,763.20. The trade was a 1.16% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 4,963 shares of company stock worth $1,748,845. Company insiders own 0.10% of the company’s stock.

More Home Depot News

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

• Positive Sentiment: Q4 earnings beat — Home Depot delivered $2.72 EPS versus $2.53 expected and reported $38.20B in revenue, topping estimates and snapping a streak of comparable‑sales misses; this stronger profit performance is supporting investor confidence. Press Release
• Positive Sentiment: Dividend increase — Management raised the quarterly dividend (1.3%), which supports yield‑sensitive shareholders and signals confidence in cash flow. PR Newswire Release
• Neutral Sentiment: FY26 EPS range given — Home Depot set FY2026 EPS guidance of $14.230–$14.799 (vs. ~$14.50 consensus). The range roughly brackets Street expectations, leaving room for interpretation on next‑year growth.
• Neutral Sentiment: Longer‑term initiatives — Company efforts such as expanded digital tools and AI “blueprint takeoffs” to win pro customers are constructive but represent multi‑quarter gains rather than an immediate stock catalyst. Zacks: AI initiatives
• Negative Sentiment: Sales and margin pressure — Q4 sales fell 3.8% year‑over‑year and commentary highlighted slower housing turnover, high rates and economic uncertainty weighing on big projects, which temper the upside from the earnings beat. WSJ: Profit Falls
• Negative Sentiment: Analyst adjustments — Some firms trimmed price targets (e.g., Piper Sandler lowered its target to $422), signaling more cautious near‑term upside even if ratings remain constructive. Analyst Target Note

Hedge Funds Weigh In On Home Depot

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Wellington Management Group LLP lifted its stake in Home Depot by 60.8% during the 3rd quarter. Wellington Management Group LLP now owns 10,143,089 shares of the home improvement retailer’s stock valued at $4,109,878,000 after acquiring an additional 3,836,051 shares during the period. J. Stern & Co. LLP increased its stake in shares of Home Depot by 14,869.3% in the fourth quarter. J. Stern & Co. LLP now owns 2,232,521 shares of the home improvement retailer’s stock worth $768,210,000 after acquiring an additional 2,217,607 shares during the period. Amundi raised its holdings in shares of Home Depot by 23.5% during the fourth quarter. Amundi now owns 6,718,133 shares of the home improvement retailer’s stock worth $2,311,710,000 after purchasing an additional 1,279,867 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in Home Depot by 7.8% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 15,471,132 shares of the home improvement retailer’s stock valued at $5,323,620,000 after purchasing an additional 1,113,114 shares during the period. Finally, Bank of America Corp DE boosted its holdings in Home Depot by 5.6% in the fourth quarter. Bank of America Corp DE now owns 16,063,532 shares of the home improvement retailer’s stock valued at $5,527,461,000 after purchasing an additional 851,029 shares during the last quarter. Institutional investors and hedge funds own 70.86% of the company’s stock.

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.