Home Depot (NYSE:HD) Price Target Lowered to $361.00 at Jefferies Financial Group

Home Depot (NYSE:HD) had its price target lowered by analysts at Jefferies Financial Group from $454.00 to $361.00 in a research note issued on Tuesday,Benzinga reports. The firm presently has a “buy” rating on the home improvement retailer’s stock. Jefferies Financial Group’s price objective would suggest a potential upside of 19.59% from the stock’s previous close.

Other research analysts have also issued reports about the stock. Piper Sandler dropped their price objective on shares of Home Depot from $422.00 to $421.00 and set an “overweight” rating for the company in a research note on Friday. TD Cowen reaffirmed a “buy” rating on shares of Home Depot in a research note on Thursday, March 12th. Wells Fargo & Company dropped their price objective on shares of Home Depot from $420.00 to $375.00 and set an “overweight” rating for the company in a research note on Thursday, May 14th. Stifel Nicolaus dropped their price objective on shares of Home Depot from $375.00 to $320.00 and set a “hold” rating for the company in a research note on Monday. Finally, DA Davidson lifted their price objective on shares of Home Depot from $407.00 to $445.00 and gave the stock a “buy” rating in a research note on Tuesday, February 24th. Twenty 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. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $398.14.

Home Depot Price Performance

Shares of HD stock traded up $2.06 on Tuesday, reaching $301.87. The company’s stock had a trading volume of 5,307,212 shares, compared to its average volume of 4,278,718. The company has a current ratio of 1.06, a quick ratio of 0.26 and a debt-to-equity ratio of 3.62. The stock’s fifty day simple moving average is $330.53 and its 200-day simple moving average is $353.57. The company has a market capitalization of $300.67 billion, a price-to-earnings ratio of 21.22, a price-to-earnings-growth ratio of 3.43 and a beta of 1.00. Home Depot has a 1 year low of $289.10 and a 1 year high of $426.75.

Home Depot (NYSE:HD) last posted its quarterly earnings data on Tuesday, May 19th. The home improvement retailer reported $3.43 EPS for the quarter, topping the consensus estimate of $3.42 by $0.01. The company had revenue of $41.77 billion during the quarter, compared to analyst estimates of $41.59 billion. Home Depot had a net margin of 8.60% and a return on equity of 134.32%. Home Depot’s quarterly revenue was up 4.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $3.56 earnings per share. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. Analysts forecast that Home Depot will post 15.03 earnings per share for the current fiscal year.

Insider Buying and Selling at Home Depot

In other Home Depot news, CFO Richard V. Mcphail sold 2,550 shares of the company’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $368.89, for a total transaction of $940,669.50. Following the completion of the sale, the chief financial officer owned 44,566 shares in the company, valued at $16,439,951.74. This represents a 5.41% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.08% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the stock. Vanguard Group Inc. raised its stake in shares of Home Depot by 1.3% during the 4th quarter. Vanguard Group Inc. now owns 99,635,779 shares of the home improvement retailer’s stock valued at $34,284,672,000 after buying an additional 1,325,748 shares during the last quarter. State Street Corp grew its holdings in Home Depot by 1.8% during the fourth quarter. State Street Corp now owns 46,925,342 shares of the home improvement retailer’s stock worth $16,147,010,000 after acquiring an additional 825,164 shares during the period. Geode Capital Management LLC raised its position in Home Depot by 1.5% during the fourth quarter. Geode Capital Management LLC now owns 23,756,142 shares of the home improvement retailer’s stock valued at $8,151,344,000 after acquiring an additional 343,153 shares in the last quarter. Bank of America Corp DE boosted its position in Home Depot by 1.6% in the 1st quarter. Bank of America Corp DE now owns 16,314,357 shares of the home improvement retailer’s stock worth $5,365,629,000 after purchasing an additional 250,825 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its position in Home Depot by 7.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 15,471,132 shares of the home improvement retailer’s stock worth $5,323,620,000 after purchasing an additional 1,113,114 shares in the last quarter. 70.86% of the stock is owned by institutional investors.

Trending Headlines about Home Depot

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

• Positive Sentiment: Home Depot topped Wall Street estimates with adjusted EPS of $3.43 and revenue of $41.77 billion, suggesting core demand held up better than feared. Reuters article
• Positive Sentiment: The company reaffirmed its fiscal 2026 guidance, which helped ease concerns that it would have to cut its outlook amid higher rates and weak housing activity. MarketWatch article
• Positive Sentiment: Management said the “core shopper” remains engaged, with small DIY projects and professional customer demand helping offset a sluggish housing market. CNBC/Yahoo Finance article
• Neutral Sentiment: Comparable sales rose only modestly, and several reports noted that the company is still struggling to grow, which keeps the longer-term recovery story dependent on a healthier housing market. Motley Fool article
• Negative Sentiment: Some coverage highlighted pressure from inflation, high gas prices, and delayed big-ticket home projects, underscoring that consumers are still cautious and that demand could remain uneven. Investopedia article

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.