Sanford C. Bernstein Boosts Home Depot (NYSE:HD) Price Target to $390.00

Home Depot (NYSE:HD) had its price objective boosted by research analysts at Sanford C. Bernstein from $381.00 to $390.00 in a research report issued on Wednesday,Benzinga reports. The brokerage currently has a “market perform” rating on the home improvement retailer’s stock. Sanford C. Bernstein’s price target indicates a potential upside of 4.85% from the stock’s previous close.

HD has been the subject of several other reports. JPMorgan Chase & Co. decreased their price objective on shares of Home Depot from $444.00 to $423.00 and set an “overweight” rating for the company in a research report on Wednesday, November 19th. HSBC decreased their price target on shares of Home Depot from $445.00 to $400.00 and set a “hold” rating for the company in a report on Wednesday, November 19th. Piper Sandler dropped their price objective on shares of Home Depot from $441.00 to $422.00 and set an “overweight” rating on the stock in a report on Monday. KGI Securities downgraded Home Depot from an “outperform” rating to a “hold” rating and set a $320.00 target price on the stock. in a research report on Wednesday, November 19th. Finally, DZ Bank reaffirmed a “sell” rating on shares of Home Depot in a research report on Tuesday, November 18th. Twenty-one equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $415.13.

Home Depot Stock Down 3.3%

HD traded down $12.53 during trading on Wednesday, hitting $371.95. The stock had a trading volume of 1,969,660 shares, compared to its average volume of 4,256,666. The stock has a 50 day simple moving average of $370.27 and a two-hundred day simple moving average of $380.12. The company has a debt-to-equity ratio of 3.82, a quick ratio of 0.29 and a current ratio of 1.05. Home Depot has a twelve month low of $326.31 and a twelve month high of $426.75. The company has a market capitalization of $370.28 billion, a PE ratio of 25.36, a PEG ratio of 13.49 and a beta of 1.08.

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

Insider Buying and Selling

In related news, EVP Teresa Wynn Roseborough sold 2,872 shares of the business’s stock in a transaction on 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 completion of the sale, the executive vice president owned 13,196 shares of the company’s stock, valued at approximately $4,599,069.92. The trade was a 17.87% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Angie Brown sold 1,946 shares of the stock in a transaction on Friday, December 12th. The shares were sold at an average price of $357.63, for a total transaction of $695,947.98. Following the transaction, the executive vice president directly owned 3,941 shares in the company, valued at approximately $1,409,419.83. The trade was a 33.06% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 4,963 shares of company stock valued at $1,748,845. 0.10% of the stock is owned by company insiders.

Hedge Funds Weigh In On Home Depot

Hedge funds and other institutional investors have recently modified their holdings of the business. MidFirst Bank acquired a new stake in Home Depot during the fourth quarter worth about $8,101,000. Alternative Investment Advisors LLC. increased its holdings in shares of Home Depot by 18.8% during the 4th quarter. Alternative Investment Advisors LLC. now owns 657 shares of the home improvement retailer’s stock worth $227,000 after buying an additional 104 shares during the last quarter. SG Trading Solutions LLC acquired a new stake in shares of Home Depot during the 4th quarter worth approximately $2,186,000. Titan Investment Management LLC purchased a new stake in shares of Home Depot during the 4th quarter valued at approximately $1,986,000. Finally, DiPaolo Financial Group Inc. acquired a new position in Home Depot in the fourth quarter valued at approximately $214,000. 70.86% of the stock is owned by hedge funds and other institutional investors.

More Home Depot News

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

• Positive Sentiment: Q4 beat on profit and revenue — HD topped EPS and revenue estimates, driven by margin gains and B2B strength, which supports the company’s cash flow and dividend policy. Home Depot press release
• Positive Sentiment: Dividend increase — board raised the quarterly payout ~1.3% (maintains yield and signals capital-return priority for income investors). Press Release – Dividend
• Positive Sentiment: Analyst support — several firms raised price targets and reiterated buy/overweight ratings after the results, giving upside potential versus current levels. Benzinga — analyst raises
• Neutral Sentiment: FY26 guidance is modest — management expects low‑single‑digit sales and EPS growth (comps roughly flat to +2%), a measured recovery that keeps expectations contained but doesn’t spark a strong re‑rating. FY26 guidance
• Neutral Sentiment: Mixed market reaction — the stock initially rose on the beat but is seeing intraday pullback as investors weigh forward commentary and sector outlooks.
• Negative Sentiment: Category jitters after rival guidance — a major competitor issued cautious forward commentary, renewing fears that high rates and low housing turnover will keep demand uneven and press discretionary projects; that broad sentiment is pressuring HD. QuiverQuant — rival guidance impact
• Negative Sentiment: Soft same‑store and YoY sales — revenue fell ~3.8% YoY and management flagged consumers delaying projects, which raises near‑term growth uncertainty. CNBC — sales decline
• Negative Sentiment: Sentiment/risk notes — CEO comments about customers “not investing,” some analyst criticism of valuation and visible insider selling add to cautious sentiment and could cap near‑term upside. Fortune — CEO comments

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.