Telsey Advisory Group Predicts Home Depot Q4 Earnings

The Home Depot, Inc. (NYSE:HD) – Research analysts at Telsey Advisory Group cut their Q4 2026 EPS estimates for Home Depot in a research note issued on Tuesday, November 18th. Telsey Advisory Group analyst J. Feldman now anticipates that the home improvement retailer will post earnings of $2.51 per share for the quarter, down from their previous forecast of $2.89. Telsey Advisory Group has a “Outperform” rating and a $430.00 price objective on the stock. The consensus estimate for Home Depot’s current full-year earnings is $15.13 per share.

Home Depot (NYSE:HD) last issued its earnings results on Tuesday, November 18th. The home improvement retailer reported $3.74 earnings per share for the quarter, missing analysts’ consensus estimates of $3.83 by ($0.09). Home Depot had a net margin of 8.86% and a return on equity of 193.99%. The business had revenue of $41.35 billion during the quarter, compared to analyst estimates of $41.06 billion. During the same period in the prior year, the business posted $3.78 EPS. The company’s revenue for the quarter was up 2.8% compared to the same quarter last year. Home Depot has set its FY 2025 guidance at 14.478-14.478 EPS.

A number of other research firms have also recently commented on HD. Wells Fargo & Company dropped their target price on shares of Home Depot from $435.00 to $400.00 and set an “overweight” rating for the company in a report on Wednesday. Weiss Ratings reissued a “buy (b-)” rating on shares of Home Depot in a research note on Wednesday. Morgan Stanley cut their target price on shares of Home Depot from $430.00 to $395.00 and set an “overweight” rating on the stock in a research report on Wednesday. Sanford C. Bernstein decreased their target price on shares of Home Depot from $406.00 to $362.00 and set a “market perform” rating on the stock in a research note on Wednesday. Finally, Guggenheim dropped their price target on Home Depot from $450.00 to $400.00 and set a “buy” rating for the company in a research note on Thursday. Twenty-one research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $410.24.

Home Depot Price Performance

Shares of HD stock opened at $343.22 on Friday. The business has a fifty day simple moving average of $385.34 and a 200 day simple moving average of $381.15. The company has a market cap of $341.64 billion, a P/E ratio of 23.32, a P/E/G ratio of 3.59 and a beta of 1.00. The company has a quick ratio of 0.34, a current ratio of 1.15 and a debt-to-equity ratio of 4.31. Home Depot has a twelve month low of $326.31 and a twelve month high of $439.37.

Home Depot Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 18th. Stockholders of record on Thursday, December 4th will be issued a dividend of $2.30 per share. This represents a $9.20 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date is Thursday, December 4th. Home Depot’s payout ratio is 62.71%.

Insider Buying and Selling at Home Depot

In related news, EVP William D. Bastek sold 2,303 shares of the business’s stock in a transaction on Friday, September 12th. The shares were sold at an average price of $423.12, for a total value of $974,445.36. Following the sale, the executive vice president owned 24,235 shares of the company’s stock, valued at $10,254,313.20. The trade was a 8.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.10% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Brighton Jones LLC lifted its position in shares of Home Depot by 36.5% in the 4th quarter. Brighton Jones LLC now owns 26,918 shares of the home improvement retailer’s stock worth $10,471,000 after purchasing an additional 7,203 shares during the period. United Bank increased its position in shares of Home Depot by 14.9% during the first quarter. United Bank now owns 5,023 shares of the home improvement retailer’s stock worth $1,841,000 after buying an additional 653 shares during the period. Dempze Nancy E raised its stake in Home Depot by 6.3% during the first quarter. Dempze Nancy E now owns 12,641 shares of the home improvement retailer’s stock worth $4,633,000 after buying an additional 746 shares during the last quarter. Pinnacle Associates Ltd. lifted its holdings in Home Depot by 4.2% in the first quarter. Pinnacle Associates Ltd. now owns 155,536 shares of the home improvement retailer’s stock valued at $57,002,000 after buying an additional 6,203 shares during the period. Finally, Ninepoint Partners LP bought a new stake in Home Depot during the first quarter valued at $695,000. 70.86% of the stock is owned by institutional investors and hedge funds.

About Home Depot

The Home Depot, Inc operates as a home improvement retailer in the United States and internationally. It sells various building materials, home improvement products, lawn and garden products, and décor products, as well as facilities maintenance, repair, and operations products. The company also offers installation services for flooring, water heaters, bath, garage doors, cabinets, cabinet makeovers, countertops, sheds, furnaces and central air systems, and windows.