Telsey Advisory Group Raises Home Depot (NYSE:HD) Price Target to $435.00

Home Depot (NYSE:HD) had its price objective lifted by equities researchers at Telsey Advisory Group from $410.00 to $435.00 in a report released on Wednesday. The firm presently has an “outperform” rating on the home improvement retailer’s stock. Telsey Advisory Group’s price target indicates a potential upside of 13.09% from the company’s current price.

A number of other brokerages have also issued reports on HD. Truist Financial set a $424.00 price target on Home Depot in a research note on Tuesday. JPMorgan Chase & Co. lowered their target price 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. Oppenheimer reduced their target price on shares of Home Depot from $420.00 to $405.00 and set a “market perform” rating for the company in a research report on Friday, December 5th. Weiss Ratings reissued a “hold (c+)” rating on shares of Home Depot in a research note on Monday, December 29th. Finally, DA Davidson upped their price objective on shares of Home Depot from $407.00 to $445.00 and gave the company a “buy” rating in a research note on Tuesday. Twenty-one research analysts have rated the stock with a Buy rating, eleven 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 a consensus rating of “Moderate Buy” and a consensus target price of $411.37.

Home Depot Stock Performance

HD opened at $384.66 on Wednesday. The firm’s fifty day simple moving average is $370.27 and its two-hundred day simple moving average is $380.12. Home Depot has a 52-week low of $326.31 and a 52-week high of $426.75. The company has a market cap of $382.93 billion, a price-to-earnings ratio of 26.22, a PEG ratio of 13.49 and a beta of 1.08. The company has a quick ratio of 0.29, a current ratio of 1.05 and a debt-to-equity ratio of 3.82.

Home Depot (NYSE:HD) last released its quarterly earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 earnings per share for the quarter, topping the consensus estimate of $2.52 by $0.20. The firm had revenue of $38.20 billion during the quarter, compared to the consensus estimate 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 for the quarter was down 3.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $3.13 EPS. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. Equities analysts anticipate that Home Depot will post 15.13 earnings per share for the current fiscal year.

Insider Transactions at Home Depot

In related news, EVP Angie Brown sold 1,946 shares of the stock in a transaction that occurred on Friday, December 12th. The stock was 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 approximately $1,409,419.83. This represents a 33.06% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Ann Marie Campbell sold 145 shares of the firm’s stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $358.26, for a total value of $51,947.70. Following the sale, the executive vice president directly owned 12,320 shares of the company’s stock, valued at approximately $4,413,763.20. This trade represents a 1.16% 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. Insiders own 0.10% of the company’s stock.

Institutional Trading of Home Depot

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Advocate Investing Services LLC purchased a new position in shares of Home Depot during the 4th quarter worth approximately $25,000. Parvin Asset Management LLC lifted its stake in Home Depot by 110.0% during the third quarter. Parvin Asset Management LLC now owns 63 shares of the home improvement retailer’s stock worth $26,000 after purchasing an additional 33 shares in the last quarter. Key Capital Management INC purchased a new position in shares of Home Depot during the fourth quarter worth $28,000. Sagard Holdings Management Inc. acquired a new stake in shares of Home Depot in the second quarter valued at $29,000. Finally, Abound Financial LLC acquired a new stake in shares of Home Depot in the fourth quarter valued at $29,000. 70.86% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Home Depot

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

• Positive Sentiment: Q4 earnings beat — Home Depot exceeded EPS and revenue estimates, helped by stronger comps and margin gains versus expectations. This is the primary reason shares moved up after the print. Home Depot beats Wall Street’s expectations, even as sales decline
• Positive Sentiment: Dividend raised — HD increased its quarterly dividend to $2.33 (1.3% rise), supporting income-focused investor demand and reinforcing the buy-and-hold case. PR Newswire: The Home Depot Announces Fourth Quarter and Fiscal 2025 Results
• Positive Sentiment: Analyst support — Some firms raised targets and maintained buy ratings (DA Davidson raised its target; Bank of America / J.P. Morgan commentary highlighted pro-customer momentum), which can sustain upside momentum. Home Depot: Strong Q4 Performance and Pro-Customer Momentum Support Buy Rating
• Neutral Sentiment: Guidance mixed — HD reaffirmed FY2026 EPS range (14.230–14.799), with midpoints slightly below some street expectations; this limits conviction for an aggressive re-rate until guidance is digested. Home Depot press release / guidance
• Neutral Sentiment: Institutional accumulation & income narrative — Coverage notes increasing institutional accumulation and dividend-investor interest, which can dampen volatility over time but is a longer-term tailwind. Home Depot Accumulation Is Underway—Why Dividend Investors Are Watching
• Negative Sentiment: Customer caution & housing headwinds — CEO Ted Decker warned customers are “not investing” due to affordability and job concerns, underscoring the risk that big-ticket projects remain muted. Home Depot CEO flags a disconcerting lack of faith in the American economy
• Negative Sentiment: Sales decline & margin pressure — Revenue fell 3.8% YoY and adjusted EPS declined vs. last year; some analysts/notes argue HD’s premium valuation is questionable given the mixed results. Home Depot: Premium Valuation Questionable After Mixed Q4
• Negative Sentiment: “Don’t buy today” take — High-profile commentators (e.g., Cramer) acknowledge long-term upside but advise patience, which can cap near-term retail buying. Cramer: Home Depot can make you ‘lot of money,’ but don’t buy it today

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.