Home Depot (NYSE:HD) Given New $430.00 Price Target at Robert W. Baird

Home Depot (NYSE:HD) had its target price hoisted by Robert W. Baird from $400.00 to $430.00 in a report released on Tuesday morning,MarketScreener reports. The brokerage currently has an outperform rating on the home improvement retailer’s stock.

A number of other equities research analysts also recently weighed in on HD. HSBC dropped their price target on shares of Home Depot from $445.00 to $400.00 and set a “hold” rating for the company in a research note on Wednesday, November 19th. Argus dropped their target price on shares of Home Depot from $450.00 to $425.00 and set a “buy” rating for the company in a research report on Thursday, November 20th. Truist Financial set a $405.00 price target on Home Depot in a research note on Friday, January 16th. Royal Bank Of Canada decreased their price objective on Home Depot from $376.00 to $366.00 and set a “sector perform” rating for the company in a research note on Wednesday, December 10th. Finally, KGI Securities lowered Home Depot from an “outperform” rating to a “hold” rating and set a $320.00 target price on the stock. in a research note on Wednesday, November 19th. Twenty-one investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $407.73.

Home Depot Trading Down 2.1%

HD stock opened at $382.83 on Tuesday. The business has a fifty day moving average of $367.74 and a 200-day moving average of $380.28. The company has a market cap of $381.11 billion, a P/E ratio of 26.10, a PEG ratio of 13.97 and a beta of 1.08. Home Depot has a twelve month low of $326.31 and a twelve month high of $426.75. 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 announced its quarterly earnings data on Tuesday, November 18th. The home improvement retailer reported $3.74 EPS for the quarter, missing analysts’ consensus estimates of $3.83 by ($0.09). Home Depot had a return on equity of 160.74% and a net margin of 8.77%.The firm had revenue of $41.35 billion during the quarter, compared to analyst estimates of $41.06 billion. During the same quarter in the previous year, the business earned $3.78 earnings per share. Home Depot’s revenue for the quarter was up 2.8% compared to the same quarter last year. As a group, equities research analysts expect that Home Depot will post 15.13 EPS for the current year.

Home Depot Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 18th. Investors of record on Thursday, December 4th were paid a dividend of $2.30 per share. This represents a $9.20 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend was Thursday, December 4th. Home Depot’s dividend payout ratio is presently 62.71%.

Insiders Place Their Bets

In other news, EVP Angie Brown sold 1,946 shares of the company’s stock in a transaction that occurred on Friday, December 12th. The shares were 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 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 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 transaction of $51,947.70. Following the sale, the executive vice president owned 12,320 shares in the company, valued at approximately $4,413,763.20. The trade was a 1.16% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 4,963 shares of company stock worth $1,748,845. Company insiders own 0.10% of the company’s stock.

Institutional Trading of Home Depot

A number of institutional investors have recently made changes to their positions in the business. Norges Bank bought a new stake in Home Depot during the 4th quarter worth about $4,850,329,000. Laurel Wealth Advisors LLC increased its position in shares of Home Depot by 36,207.5% in the second quarter. Laurel Wealth Advisors LLC now owns 10,076,783 shares of the home improvement retailer’s stock valued at $3,694,552,000 after acquiring an additional 10,049,029 shares during the last quarter. Wellington Management Group LLP raised its holdings in Home Depot by 60.8% during the third quarter. Wellington Management Group LLP now owns 10,143,089 shares of the home improvement retailer’s stock worth $4,109,878,000 after acquiring an additional 3,836,051 shares in the last quarter. Cardano Risk Management B.V. raised its holdings in Home Depot by 901.5% during the fourth quarter. Cardano Risk Management B.V. now owns 3,290,540 shares of the home improvement retailer’s stock worth $1,132,275,000 after acquiring an additional 2,961,979 shares in the last quarter. Finally, J. Stern & Co. LLP boosted its position in Home Depot by 14,869.3% during the fourth quarter. J. Stern & Co. LLP now owns 2,232,521 shares of the home improvement retailer’s stock valued at $768,210,000 after purchasing an additional 2,217,607 shares during the last quarter. Institutional investors own 70.86% of the company’s stock.

Home Depot News Roundup

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

• Positive Sentiment: Robert W. Baird raised its price target to $430 and kept an “outperform” rating, signaling bullish analyst conviction and providing upside thesis for investors. Baird adjusts price target on Home Depot to $430
• Positive Sentiment: Truist raised its price target to $405 and reiterated a Buy, reinforcing analyst support and offsetting some downside concerns. Truist Raises The Home Depot, Inc. Price Target to $405
• Positive Sentiment: Zacks highlights that Home Depot appears set to beat upcoming Q4 estimates based on key indicators, which could catalyze a rebound if results confirm expectations. Home Depot expected to beat earnings estimates
• Positive Sentiment: Zacks also highlights Home Depot’s capital discipline—steady dividends, strong cash flow and selective $900M investments—which supports long‑term shareholder value. Home Depot’s capital discipline drives long-term shareholder value
• Neutral Sentiment: A recent Zacks piece notes HD has climbed ~17% over three months, but warns that premium valuation, analyst estimate cuts and housing-sector headwinds complicate near‑term upside — a mixed signal for traders. HD Jumps 17% in 3 Months
• Neutral Sentiment: Zacks also flagged that HD is down while the broader market improved, suggesting some stock‑specific pressure rather than a sectorwide selloff. Home Depot stock declines while market improves
• Negative Sentiment: TipRanks reports customer pushback over power tools locked in cages, plus escalating theft and recent ICE raids at some stores — operational and reputational issues that can hurt sales, margins and foot traffic if unresolved. Power tools in cages prove concerning to customers

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.