The Home Depot, Inc. (NYSE:HD) Stock Has Average Price Target of $375.93

The Home Depot, Inc. (NYSE:HD) has received a consensus recommendation of “Moderate Buy” from the thirty-three analysts that are currently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, thirteen have assigned a hold rating, eighteen have issued a buy rating and one has issued a strong buy rating on the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $375.31.

Several brokerages recently weighed in on HD. DA Davidson reiterated a “buy” rating and issued a $377.00 price objective on shares of Home Depot in a research report on Wednesday, August 19th. Royal Bank Of Canada reduced their target price on Home Depot from $343.00 to $342.00 and set a “sector perform” rating on the stock in a research report on Wednesday, August 19th. TD Cowen reaffirmed a “buy” rating on shares of Home Depot in a research note on Monday, August 10th. Mizuho increased their price target on Home Depot from $385.00 to $390.00 and gave the stock an “outperform” rating in a report on Wednesday, August 19th. Finally, Argus reissued a “buy” rating and set a $400.00 price objective on shares of Home Depot in a research report on Wednesday, August 19th.

Home Depot Stock Performance

NYSE:HD opened at $329.31 on Monday. The company’s 50-day moving average is $308.45 and its two-hundred day moving average is $334.91. Home Depot has a 1-year low of $277.15 and a 1-year high of $397.63. 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 firm has a market capitalization of $328.55 billion, a price-to-earnings ratio of 23.04, a PEG ratio of 2.34 and a beta of 1.00.

Home Depot (NYSE:HD) last announced its quarterly earnings results on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.73 by $0.19. The business had revenue of $47.86 billion during the quarter, compared to the consensus estimate of $47.24 billion. Home Depot had a net margin of 8.41% and a return on equity of 106.42%. The business’s revenue was up 5.7% compared to the same quarter last year. During the same quarter last year, the firm earned $4.68 EPS. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. Analysts forecast that Home Depot will post 15.01 EPS for the current year.

Home Depot Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 17th. Investors of record on Thursday, September 3rd were issued a $2.33 dividend. This represents a $9.32 annualized dividend and a dividend yield of 2.8%. The ex-dividend date was Thursday, September 3rd. Home Depot’s payout ratio is currently 65.22%.

Key Headlines Impacting Home Depot

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

• Positive Sentiment: Steady demand for smaller home-improvement projects and continued digital gains are helping sustain Home Depot’s sales growth despite pressure on larger renovations. This suggests consumers are still spending on maintenance and affordable upgrades. Are Smaller Home Projects Sustaining Home Depot’s Sales Growth?
• Positive Sentiment: One analysis identifies HD as a potential long-term stock, supporting the bullish case based on the company’s scale, established brand, cash generation, and ability to benefit when housing and renovation activity recover. Why Home Depot Is a Top Stock for the Long-Term
• Positive Sentiment: Coverage of dividend-focused blue-chip investments highlights Home Depot’s long history of returning cash to shareholders. Its dividend may appeal to investors seeking income while waiting for a broader housing and remodeling recovery. $300,000 in Home Depot, IBM and McDonald’s Could Pay Over $8,500 a Year
• Neutral Sentiment: A comparison with Somnigroup International asks whether SGI or HD offers better value. The article is primarily a relative-valuation discussion rather than a new company-specific catalyst, so its effect on HD is likely limited. SGI vs. HD: Which Stock Is the Better Value Option?
• Negative Sentiment: Another analysis argues that HD’s valuation may be demanding after its roughly 20% three-year gain, raising concern that the share price could already reflect much of the expected future cash flow. Home Depot Stock Looks Overvalued After Its Three-Year Run
• Negative Sentiment: Commentary on a delayed macroeconomic recovery presents HD as a potential dip-buying opportunity, but also signals that high interest rates, weaker housing activity, and postponed major renovations may continue to restrain near-term results. Home Depot: Delayed Macro Recovery Triggers Dip Buying Opportunity and Richer Yields

Insider Buying and Selling at Home Depot

In other Home Depot news, CAO Kimberly R. Scardino sold 675 shares of the business’s stock in a transaction that occurred on Thursday, September 10th. The shares were sold at an average price of $305.95, for a total transaction of $206,516.25. Following the completion of the transaction, the chief accounting officer owned 8,189 shares in the company, valued at $2,505,424.55. The trade was a 7.62% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Richard V. Mcphail sold 5,989 shares of the business’s stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $348.40, for a total transaction of $2,086,567.60. Following the transaction, the chief financial officer owned 48,104 shares of the company’s stock, valued at approximately $16,759,433.60. The trade was a 11.07% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 9,829 shares of company stock valued at $3,339,314 in the last quarter. Corporate insiders own 0.08% of the company’s stock.

Hedge Funds Weigh In On Home Depot

Several hedge funds have recently added to or reduced their stakes in HD. Zeit Capital LLC purchased a new position in shares of Home Depot during the second quarter worth about $26,000. Principia Wealth Advisory LLC increased its position in shares of Home Depot by 60.4% during the second quarter. Principia Wealth Advisory LLC now owns 85 shares of the home improvement retailer’s stock worth $30,000 after purchasing an additional 32 shares in the last quarter. Merkkuri Wealth Advisors LLC purchased a new stake in shares of Home Depot in the 1st quarter valued at about $28,000. Navigoe LLC purchased a new stake in shares of Home Depot in the 2nd quarter valued at about $32,000. Finally, Networth Advisors LLC lifted its holdings in shares of Home Depot by 54.1% in the 1st quarter. Networth Advisors LLC now owns 94 shares of the home improvement retailer’s stock valued at $31,000 after purchasing an additional 33 shares during the last quarter. 70.86% of the stock is currently owned by hedge funds and other institutional investors.

About Home Depot

The Home Depot, Inc is a home improvement retailer serving do-it-yourself customers, professional contractors, and other building and maintenance professionals. The company sells a broad selection of building materials, hardware, tools, appliances, paint, plumbing and electrical supplies, flooring, lighting, lawn and garden products, and home décor.

In addition to merchandise, Home Depot offers services such as product delivery, tool and equipment rental, credit services, and installation for selected products.