Home Depot (NYSE:HD) Given New $450.00 Price Target at TD Cowen

Home Depot (NYSE:HD) had its target price lifted by TD Cowen from $410.00 to $450.00 in a research note released on Tuesday morning,Benzinga reports. They currently have a buy rating on the home improvement retailer’s stock.

A number of other equities research analysts also recently weighed in on the stock. Wells Fargo & Company dropped their price target on shares of Home Depot from $400.00 to $395.00 and set an “overweight” rating for the company in a research report on Wednesday, December 10th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $413.00 price target on shares of Home Depot in a research note on Wednesday, December 10th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Home Depot in a research note on Monday, December 29th. Telsey Advisory Group dropped their target price on shares of Home Depot from $430.00 to $410.00 and set an “outperform” rating for the company in a research report on Wednesday, December 10th. Finally, Wall Street Zen downgraded shares of Home Depot from a “hold” rating to a “sell” rating in a report on Friday, November 28th. Twenty-two investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, Home Depot has an average rating of “Moderate Buy” and a consensus price target of $404.50.

Home Depot Stock Down 1.3%

HD stock opened at $375.14 on Tuesday. Home Depot has a 1-year low of $326.31 and a 1-year high of $426.75. The business’s 50 day simple moving average is $355.05 and its 200 day simple moving average is $378.27. The company has a current ratio of 1.05, a quick ratio of 0.29 and a debt-to-equity ratio of 3.82. The firm has a market capitalization of $373.46 billion, a PE ratio of 25.57, a PEG ratio of 14.16 and a beta of 1.08.

Home Depot (NYSE:HD) last announced its quarterly earnings results on Tuesday, November 18th. The home improvement retailer reported $3.74 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.83 by ($0.09). The business had revenue of $41.35 billion for the quarter, compared to analyst estimates of $41.06 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 up 2.8% compared to the same quarter last year. During the same period in the prior year, the business earned $3.78 EPS. Home Depot has set its FY 2025 guidance at 14.478-14.478 EPS. As a group, research analysts anticipate that Home Depot will post 15.13 EPS for the current year.

Home Depot Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 18th. Stockholders of record on Thursday, December 4th were paid a dividend of $2.30 per share. The ex-dividend date of this dividend was Thursday, December 4th. This represents a $9.20 annualized dividend and a dividend yield of 2.5%. Home Depot’s dividend payout ratio (DPR) is presently 62.71%.

Insider Transactions at Home Depot

In related news, EVP Angie Brown sold 1,946 shares of the company’s 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 sale, the executive vice president directly owned 3,941 shares in the company, valued at $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 available at this hyperlink. Also, EVP Ann Marie Campbell sold 145 shares of the stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $358.26, for a total transaction of $51,947.70. Following the sale, the executive vice president directly owned 12,320 shares of the company’s stock, valued at $4,413,763.20. This represents a 1.16% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 4,963 shares of company stock worth $1,748,845. Company insiders own 0.10% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of HD. Centerpoint Advisory Group grew its position in shares of Home Depot by 0.8% during the 2nd quarter. Centerpoint Advisory Group now owns 3,163 shares of the home improvement retailer’s stock valued at $1,160,000 after acquiring an additional 26 shares during the period. Disciplined Investors L.L.C. lifted its position in Home Depot by 2.3% during the second quarter. Disciplined Investors L.L.C. now owns 1,178 shares of the home improvement retailer’s stock valued at $432,000 after purchasing an additional 26 shares in the last quarter. Brio Consultants LLC lifted its position in Home Depot by 4.7% during the second quarter. Brio Consultants LLC now owns 574 shares of the home improvement retailer’s stock valued at $210,000 after purchasing an additional 26 shares in the last quarter. Emprise Bank grew its holdings in Home Depot by 0.8% during the third quarter. Emprise Bank now owns 3,135 shares of the home improvement retailer’s stock valued at $1,270,000 after purchasing an additional 26 shares during the period. Finally, Stegent Equity Advisors Inc. increased its position in Home Depot by 2.7% in the third quarter. Stegent Equity Advisors Inc. now owns 1,006 shares of the home improvement retailer’s stock worth $408,000 after buying an additional 26 shares in the last quarter. Institutional investors and hedge funds own 70.86% of the company’s stock.

Trending Headlines about Home Depot

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

• Positive Sentiment: TD Cowen raised its price target on Home Depot from $410 to $450 and reiterated a “buy” rating, implying ~20% upside from the referenced price — a clear bullish catalyst that can support upside expectations. Article Title
• Positive Sentiment: Analysts note Home Depot’s digital platform and AI-enabled fulfillment improvements are gaining traction with Pro customers and may become a material growth engine, supporting margin and revenue mix over time. Article Title
• Neutral Sentiment: Research from The Home Depot Foundation highlights a skilled-labor shortfall in post-disaster rebuilding—this underscores demand for Pro services but also signals industry capacity constraints that could affect sales mix and longer-term strategy. Article Title
• Neutral Sentiment: Home Depot was mentioned in a dividend-focused screener (“Dogs of the Dow”) — a reminder of its blue‑chip income profile, but this is less likely to move the stock materially near term. Article Title
• Negative Sentiment: Local competitive pressure surfaced after reports of a new competitor opening in Texas, a market where Home Depot relies on scale and Pro relationships; heightened competition can pressure traffic and pricing in affected stores. Article Title
• Negative Sentiment: Analyst note warns HD is trading at a premium amid slowing pro momentum and falling estimates, flagging valuation risk that can cap near-term upside if macro or housing demand softens. Article Title
• Negative Sentiment: Street previews expect a potentially steep Q4 EPS decline (high‑teens), which raises short‑term earnings risk ahead of the quarterly release and helps explain downward pressure on the stock. Article Title

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.