Home Depot (NYSE:HD) Price Target Raised to $445.00 at DA Davidson

Home Depot (NYSE:HD) had its price objective raised by equities researchers at DA Davidson from $407.00 to $445.00 in a report issued on Tuesday,Benzinga reports. The brokerage presently has a “buy” rating on the home improvement retailer’s stock. DA Davidson’s price objective points to a potential upside of 15.67% from the stock’s current price.

A number of other analysts have also issued reports on HD. Robert W. Baird increased their price target on shares of Home Depot from $400.00 to $430.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 17th. Wall Street Zen lowered shares of Home Depot from a “hold” rating to a “sell” rating in a research note on Friday, November 28th. Truist Financial set a $405.00 target price on shares of Home Depot in a research report on Friday, January 16th. Oppenheimer lowered 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 report on Friday, December 5th. Finally, JPMorgan Chase & Co. dropped 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 investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $409.90.

Home Depot Trading Up 2.0%

Shares of Home Depot stock traded up $7.73 during trading on Tuesday, hitting $384.72. The stock had a trading volume of 3,784,562 shares, compared to its average volume of 4,266,632. Home Depot has a 1 year low of $326.31 and a 1 year high of $426.75. The stock has a 50 day simple moving average of $369.64 and a 200 day simple moving average of $380.14. 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 company has a market capitalization of $382.99 billion, a PE ratio of 26.20, a P/E/G ratio of 13.66 and a beta of 1.08.

Home Depot (NYSE:HD) last posted its quarterly earnings data on Tuesday, February 24th. The home improvement retailer reported $2.72 EPS for the quarter, topping analysts’ consensus estimates of $2.52 by $0.20. The firm had revenue of $38.20 billion during the quarter, compared to analyst estimates of $38.01 billion. Home Depot had a net margin of 8.77% and a return on equity of 160.74%. The company’s revenue was down 3.8% on a year-over-year basis. During the same quarter last year, the business posted $3.13 EPS. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. On average, research analysts expect that Home Depot will post 15.13 EPS for the current fiscal year.

Insider Buying and Selling

In other news, EVP Ann Marie Campbell sold 145 shares of the company’s stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $358.26, for a total transaction of $51,947.70. Following the completion of the sale, the executive vice president owned 12,320 shares in the company, valued at approximately $4,413,763.20. This represents a 1.16% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Teresa Wynn Roseborough sold 2,872 shares of the stock in a transaction dated Friday, December 26th. The shares were sold at an average price of $348.52, for a total value 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. This represents a 17.87% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 4,963 shares of company stock worth $1,748,845. Corporate insiders own 0.10% of the company’s stock.

Institutional Investors Weigh In On Home Depot

A number of large investors have recently added to or reduced their stakes in the stock. Norges Bank bought a new stake in Home Depot during the fourth quarter valued at about $4,850,329,000. Laurel Wealth Advisors LLC grew its holdings in Home Depot by 36,207.5% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 10,076,783 shares of the home improvement retailer’s stock valued at $3,694,552,000 after buying an additional 10,049,029 shares during the last quarter. Wellington Management Group LLP increased its position in Home Depot by 60.8% in the 3rd quarter. Wellington Management Group LLP now owns 10,143,089 shares of the home improvement retailer’s stock worth $4,109,878,000 after buying an additional 3,836,051 shares during the period. Cardano Risk Management B.V. lifted its holdings in shares of Home Depot by 901.5% during the fourth quarter. Cardano Risk Management B.V. now owns 3,290,540 shares of the home improvement retailer’s stock worth $1,132,275,000 after buying an additional 2,961,979 shares during the last quarter. Finally, J. Stern & Co. LLP boosted its position 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 valued at $768,210,000 after acquiring an additional 2,217,607 shares during the period. Institutional investors own 70.86% of the company’s stock.

Key Headlines Impacting Home Depot

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

• Positive Sentiment: Q4 earnings beat and margin strength — HD reported adjusted EPS of $2.72, beating consensus and delivering its largest EPS beat in years, helped by gross‑margin gains and supply‑chain efficiencies. This is the primary catalyst for the stock uplift. Read More.
• Positive Sentiment: Comparable‑sales recovery and margin outperformance — organic comps were slightly positive (+0.4% systemwide; +0.3% U.S.) and margins came in better than feared, supporting profitability even as total revenue fell. Read More.
• Positive Sentiment: Dividend raised and institutional accumulation — HD raised its quarterly dividend (~+1.3%) and MarketBeat notes heavy institutional accumulation and “dividend‑contender” status, which can reduce volatility and attract long‑term buyers. Read More.
• Positive Sentiment: Shift toward B2B/pro revenue lessens DIY exposure — management highlighted growth of pro/B2B sales (approaching ~50% of revenue), which is structurally more stable than DIY traffic. This diversification supports resilience in softer housing cycles. Read More.
• Neutral Sentiment: FY‑2026 guidance reaffirmed but tepid — HD set an EPS range of $14.230–$14.799 (midpoint slightly below consensus), which reassures on visibility but slows upside expectations until housing improves. Read More.
• Neutral Sentiment: Analyst response mixed but not panicked — some price targets were trimmed (Piper Sandler) while Overweight/Buy stances were largely maintained, keeping institutional buy interest intact. Read More.
• Negative Sentiment: Sales decline and cautious consumer tone — Total Q4 revenue fell ~3.8% YoY and management said homeowners are delaying big projects amid worries about housing affordability and jobs, a key demand headwind. Read More.
• Negative Sentiment: Tecent guidance/interest‑rate risk — recovery depends on housing and Fed policy; a slower path to rate cuts would delay big‑ticket demand and cap upside. Investors should watch comps, gross margin trends and commentary on interest‑rate outlook. Read More.

Home Depot Company Profile

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.