Sanford C. Bernstein Forecasts Strong Price Appreciation for Home Depot (NYSE:HD) Stock

Home Depot (NYSE:HD) had its price objective hoisted by stock analysts at Sanford C. Bernstein from $381.00 to $390.00 in a research note issued to investors on Wednesday,Benzinga reports. The firm presently has a “market perform” rating on the home improvement retailer’s stock. Sanford C. Bernstein’s price target suggests a potential upside of 4.85% from the company’s current price.

A number of other analysts have also issued reports on HD. UBS Group set a $430.00 target price on Home Depot in a research report on Wednesday, December 10th. Bank of America dropped their price objective on Home Depot from $450.00 to $430.00 and set a “buy” rating for the company in a research note on Wednesday, November 19th. Gordon Haskett increased their target price on Home Depot from $330.00 to $370.00 and gave the stock a “hold” rating in a research note on Wednesday, February 11th. Argus dropped their target price on Home Depot from $450.00 to $425.00 and set a “buy” rating for the company in a research report on Thursday, November 20th. Finally, JPMorgan Chase & Co. cut their price target on shares of Home Depot from $444.00 to $423.00 and set an “overweight” rating on the stock in a research note on Wednesday, November 19th. Twenty-one equities research 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. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $415.13.

Home Depot Trading Down 3.3%

NYSE HD traded down $12.53 during trading hours on Wednesday, reaching $371.95. The company had a trading volume of 1,969,660 shares, compared to its average volume of 4,256,666. The company has a current ratio of 1.05, a quick ratio of 0.29 and a debt-to-equity ratio of 3.82. The stock has a market capitalization of $370.28 billion, a P/E ratio of 25.36, a price-to-earnings-growth ratio of 13.49 and a beta of 1.08. The stock has a 50-day moving average of $370.27 and a 200 day moving average of $380.12. Home Depot has a 1-year low of $326.31 and a 1-year high of $426.75.

Home Depot (NYSE:HD) last announced its quarterly earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 earnings per share for the quarter, beating analysts’ consensus estimates of $2.52 by $0.20. Home Depot had a net margin of 8.77% and a return on equity of 160.74%. The business had revenue of $38.20 billion during the quarter, compared to analysts’ expectations of $38.01 billion. During the same period last year, the business earned $3.13 earnings per share. The business’s revenue for the quarter 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, research analysts anticipate that Home Depot will post 15.13 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related 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 completion of the transaction, the executive vice president 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 sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Angie Brown sold 1,946 shares of the stock in a transaction on Friday, December 12th. The shares were sold at an average price of $357.63, for a total value of $695,947.98. Following the completion of the transaction, the executive vice president directly owned 3,941 shares in the company, valued at $1,409,419.83. This trade represents a 33.06% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 4,963 shares of company stock worth $1,748,845 in the last 90 days. Corporate insiders own 0.10% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. MidFirst Bank purchased a new position in shares of Home Depot in the 4th quarter valued at about $8,101,000. Alternative Investment Advisors LLC. boosted its holdings in Home Depot by 18.8% in the fourth quarter. Alternative Investment Advisors LLC. now owns 657 shares of the home improvement retailer’s stock valued at $227,000 after purchasing an additional 104 shares in the last quarter. SG Trading Solutions LLC acquired a new position in Home Depot in the fourth quarter valued at approximately $2,186,000. Titan Investment Management LLC purchased a new position in Home Depot in the fourth quarter valued at approximately $1,986,000. Finally, DiPaolo Financial Group Inc. acquired a new stake in Home Depot during the fourth quarter worth approximately $214,000. 70.86% of the stock is owned by institutional investors and hedge funds.

Home Depot News Summary

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

• Positive Sentiment: Q4 beat on profit and revenue — HD topped EPS and revenue estimates, driven by margin gains and B2B strength, which supports the company’s cash flow and dividend policy. Home Depot press release
• Positive Sentiment: Dividend increase — board raised the quarterly payout ~1.3% (maintains yield and signals capital-return priority for income investors). Press Release – Dividend
• Positive Sentiment: Analyst support — several firms raised price targets and reiterated buy/overweight ratings after the results, giving upside potential versus current levels. Benzinga — analyst raises
• Neutral Sentiment: FY26 guidance is modest — management expects low‑single‑digit sales and EPS growth (comps roughly flat to +2%), a measured recovery that keeps expectations contained but doesn’t spark a strong re‑rating. FY26 guidance
• Neutral Sentiment: Mixed market reaction — the stock initially rose on the beat but is seeing intraday pullback as investors weigh forward commentary and sector outlooks.
• Negative Sentiment: Category jitters after rival guidance — a major competitor issued cautious forward commentary, renewing fears that high rates and low housing turnover will keep demand uneven and press discretionary projects; that broad sentiment is pressuring HD. QuiverQuant — rival guidance impact
• Negative Sentiment: Soft same‑store and YoY sales — revenue fell ~3.8% YoY and management flagged consumers delaying projects, which raises near‑term growth uncertainty. CNBC — sales decline
• Negative Sentiment: Sentiment/risk notes — CEO comments about customers “not investing,” some analyst criticism of valuation and visible insider selling add to cautious sentiment and could cap near‑term upside. Fortune — CEO comments

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.