Home Depot (NYSE:HD) Hits New 52-Week Low – Here’s What Happened

The Home Depot, Inc. (NYSE:HD)’s share price reached a new 52-week low during trading on Tuesday. The stock traded as low as $288.80 and last traded at $288.62, with a volume of 1190185 shares. The stock had previously closed at $289.89.

Home Depot News Roundup

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

• Positive Sentiment: Home Depot announced its 2026 holiday décor collection, including smart trees, seasonal products and gift-focused promotions. The October rollout and planned holiday savings could support fourth-quarter sales, while delivery capabilities and new products may improve customer convenience. The Home Depot Announces 2026 Holiday Decor Collection
• Positive Sentiment: A review of Home Depot’s 45-year investment history highlighted the company as one of the strongest long-term U.S. stock compounders, reinforcing its brand strength, scale and shareholder-return potential. What Actually Made Home Depot Wall Street’s Best-Kept Compounding Secret?
• Neutral Sentiment: Analysts and investors continue to closely watch HD, with attention centered on whether its valuation and recent earnings performance adequately compensate for weak housing turnover and a slower renovation market. Is Most-Watched Stock The Home Depot Worth Betting on Now?
• Neutral Sentiment: A comparison with Lowe’s suggests the better investment may depend on which retailer is more resilient while the housing market remains effectively frozen, leaving investors focused on relative execution rather than price discounts alone. Home Depot vs. Lowe’s: 1 Stock Wins
• Negative Sentiment: Mortgage rates near 7.5% have already weakened housing-related activity, while an extreme move toward 9% could further freeze home sales, remodeling demand and big-ticket purchases—key risks for Home Depot. Mortgage Rates Could Hit 9%: Three Stocks That Will Be Hit Hard
• Negative Sentiment: Bearish commentary argues that HD’s depressed stock price reflects fundamental weakness, while another analysis questions whether its dividend remains secure if housing turnover stays frozen. These concerns are weighing on confidence despite the company’s dividend history. Home Depot Is 32% Below Its All-Time High

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. Guggenheim reiterated a “buy” rating and issued a $425.00 target price on shares of Home Depot in a research note on Wednesday, August 19th. Weiss Ratings upgraded shares of Home Depot from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, July 7th. Gordon Haskett upped their price objective on Home Depot from $320.00 to $330.00 in a research report on Friday, June 12th. KeyCorp reissued a “sector weight” rating on shares of Home Depot in a report on Wednesday, August 19th. Finally, Wells Fargo & Company boosted their price target on Home Depot from $360.00 to $400.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 11th. Eighteen investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Home Depot has a consensus rating of “Moderate Buy” and a consensus price target of $375.18.

Home Depot Price Performance

The company has a debt-to-equity ratio of 2.64, a current ratio of 1.08 and a quick ratio of 0.31. The business’s 50 day moving average price is $326.05 and its 200 day moving average price is $328.27. The stock has a market capitalization of $287.77 billion, a P/E ratio of 20.19, a price-to-earnings-growth ratio of 3.23 and a beta of 0.95.

Home Depot (NYSE:HD) last issued its quarterly earnings data on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share for the quarter, beating analysts’ consensus estimates of $4.73 by $0.19. Home Depot had a net margin of 8.41% and a return on equity of 106.42%. The company had revenue of $47.86 billion for the quarter, compared to the consensus estimate of $47.24 billion. During the same quarter in the prior year, the firm earned $4.68 earnings per share. The firm’s revenue for the quarter was up 5.7% compared to the same quarter last year. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. Sell-side analysts forecast that The Home Depot, Inc. will post 15 EPS for the current year.

Home Depot Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd were issued a dividend of $2.33 per share. This represents a $9.32 annualized dividend and a dividend yield of 3.2%. The ex-dividend date of this dividend was Thursday, September 3rd. Home Depot’s dividend payout ratio is presently 65.22%.

Insider Transactions at Home Depot

In other Home Depot news, EVP Teresa Roseborough sold 2,455 shares of the stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $328.77, for a total value of $807,130.35. Following the transaction, the executive vice president owned 14,061 shares of the company’s stock, valued at approximately $4,622,834.97. This represents a 14.86% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Richard V. Mcphail sold 5,989 shares of the firm’s stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $348.40, for a total value of $2,086,567.60. Following the completion of the transaction, the chief financial officer directly owned 48,104 shares in the company, valued at $16,759,433.60. The trade was a 11.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 9,829 shares of company stock valued at $3,339,314. Corporate insiders own 0.08% of the company’s stock.

Hedge Funds Weigh In On Home Depot

Several institutional investors have recently made changes to their positions in the business. Zeit Capital LLC purchased a new position in shares of Home Depot during the 2nd quarter worth $26,000. Cache Advisors LLC purchased a new stake in Home Depot in the first quarter worth about $27,000. Abound Financial LLC bought a new position in shares of Home Depot in the fourth quarter worth about $29,000. Osbon Capital Management LLC purchased a new position in shares of Home Depot during the 4th quarter valued at about $29,000. Finally, Principia Wealth Advisory LLC lifted its position in shares of Home Depot by 60.4% during the 2nd quarter. Principia Wealth Advisory LLC now owns 85 shares of the home improvement retailer’s stock valued at $30,000 after buying an additional 32 shares in the last quarter. Institutional investors own 70.86% of the company’s stock.

Home Depot Company Profile

The Home Depot, Inc (NYSE: HD) is a home improvement retailer serving do-it-yourself customers, professional contractors, and other trade professionals. The company sells building materials, appliances, décor, hardware, plumbing and electrical supplies, tools, outdoor products, and lawn and garden merchandise through its retail stores and digital platforms.

Home Depot also provides services such as installation, equipment rental, delivery, and project support. Its professional customer offerings include job-lot quantities, delivery solutions, credit services, and tools designed to help contractors manage construction and renovation projects.