Sanford C. Bernstein Forecasts Strong Price Appreciation for Home Depot (NYSE:HD) Stock

Home Depot (NYSE:HD) had its price target increased by equities researchers at Sanford C. Bernstein from $381.00 to $390.00 in a research report issued on Wednesday,Benzinga reports. The firm currently has a “market perform” rating on the home improvement retailer’s stock. Sanford C. Bernstein’s price target would suggest a potential upside of 3.99% from the stock’s current price.

A number of other analysts have also recently issued reports on HD. Weiss Ratings reissued a “hold (c+)” rating on shares of Home Depot in a report on Monday, December 29th. Wells Fargo & Company upped their price target on Home Depot from $395.00 to $420.00 and gave the company an “overweight” rating in a research report on Wednesday. Jefferies Financial Group raised their price objective on shares of Home Depot from $424.00 to $454.00 and gave the company a “buy” rating in a research report on Tuesday. BNP Paribas Exane boosted their price objective on shares of Home Depot from $355.00 to $391.00 in a research note on Wednesday. Finally, Daiwa Securities Group increased their target price on shares of Home Depot from $348.00 to $360.00 and gave the stock a “neutral” rating in a research note on Tuesday, December 16th. Twenty 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 company’s stock. According to MarketBeat, Home Depot has an average rating of “Moderate Buy” and a consensus target price of $416.00.

Home Depot Stock Down 0.1%

Home Depot stock opened at $375.02 on Wednesday. Home Depot has a 1-year low of $326.31 and a 1-year high of $426.75. The firm has a market capitalization of $373.34 billion, a price-to-earnings ratio of 26.35, a P/E/G ratio of 13.49 and a beta of 1.08. The company has a current ratio of 1.06, a quick ratio of 0.29 and a debt-to-equity ratio of 3.62. The firm has a 50 day simple moving average of $371.05 and a 200 day simple moving average of $380.05.

Home Depot (NYSE:HD) last posted its earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.52 by $0.20. Home Depot had a return on equity of 134.32% and a net margin of 8.60%.The firm had revenue of $38.20 billion for the quarter, compared to the consensus estimate of $38.01 billion. During the same quarter in the prior year, the business posted $3.13 earnings per share. The business’s quarterly revenue was down 3.8% on a year-over-year basis. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. On average, analysts predict that Home Depot will post 15.13 earnings per share for the current year.

Insider Activity

In other news, EVP Ann Marie Campbell sold 145 shares of the firm’s stock in a transaction 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 owned 12,320 shares in the company, valued at approximately $4,413,763.20. This trade represents a 1.16% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Angie Brown sold 1,946 shares of Home Depot stock in a transaction on Friday, December 12th. The stock was sold at an average price of $357.63, for a total transaction of $695,947.98. Following the sale, the executive vice president directly owned 3,941 shares of the company’s stock, valued at $1,409,419.83. This represents a 33.06% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 4,963 shares of company stock worth $1,748,845. 0.10% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Home Depot

Hedge funds and other institutional investors have recently modified their holdings of the company. Centerpoint Advisory Group grew its position in Home Depot by 0.8% during the second 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 last quarter. Disciplined Investors L.L.C. boosted its stake in shares of Home Depot by 2.3% in the 2nd 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 boosted its stake in shares of Home Depot by 4.7% in the 2nd 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 shares of Home Depot by 0.8% during the 3rd 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 last quarter. Finally, Stegent Equity Advisors Inc. raised its position in Home Depot by 2.7% in the 3rd quarter. Stegent Equity Advisors Inc. now owns 1,006 shares of the home improvement retailer’s stock worth $408,000 after purchasing an additional 26 shares during the period. 70.86% of the stock is currently owned by hedge funds and other institutional investors.

Key Home Depot News

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

• Positive Sentiment: Q4 results beat consensus and Pro momentum: Home Depot topped Q4 estimates on EPS and emphasized that Pro/commercial customers are sustaining sales even as DIY demand softens. Home Depot shares rise as quarterly earnings clear a cautious Wall Street bar
• Positive Sentiment: Pro ecosystem resilience: industry coverage highlights Home Depot’s expanding Pro-focused services and SRS integration as a durable revenue source versus cyclical homeowner spending. Home Depot’s Pro Ecosystem Shows Resilience in Soft Market
• Positive Sentiment: Dividend increase and falling short interest add support: the board raised the quarterly payout (small raise) and short interest dropped, removing some downside pressure from forced covering. (Company release / market data)
• Neutral Sentiment: Analyst reactions are mixed-but-lean-bullish: many firms raised price targets and some upgraded ratings after the quarter, giving the stock a valuation tailwind even as others remain cautious. UBS Group Issues Positive Forecast for Home Depot (NYSE:HD) Stock Price
• Neutral Sentiment: Retail-sector context: broader retail earnings trends show mixed signals—Home Depot anchors a stronger retail print, but sustaining that momentum into 2026 depends on housing and rates. Zacks Earnings Trends Highlights: Walmart, Home Depot and Amazon
• Negative Sentiment: Guidance and sector jitters from peers: cautious forward commentary (including from Lowe’s) revived worries that high rates and low housing turnover will keep large discretionary projects muted—a key reason for recent selling pressure. Home Depot slides 3.2% as home-improvement outlook jitters return after rival’s cautious guidance
• Negative Sentiment: Management tone and consumer caution: CEO comments that some customers “are not investing” underscore persistent affordability headwinds that could limit a quick recovery in big-ticket remodeling. Home Depot CEO flags a disconcerting lack of faith in the American economy
• Negative Sentiment: Short-term sentiment noise: media/TV commentary (e.g., Jim Cramer) and profit-taking after the earnings pop have amplified intraday selling despite the beat—a behavioral factor rather than new fundamentals. Jim Cramer Wonders Why People Are Selling Home Depot (HD) Shares

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.