Home Depot (NYSE:HD) Price Target Cut to $422.00 by Analysts at Piper Sandler

Home Depot (NYSE:HD) had its price objective trimmed by Piper Sandler from $441.00 to $422.00 in a report published on Monday morning, MarketBeat Ratings reports. The firm currently has an overweight rating on the home improvement retailer’s stock.

Other equities analysts also recently issued reports about the stock. DA Davidson dropped their target price on shares of Home Depot from $430.00 to $407.00 and set a “buy” rating for the company in a report on Wednesday, December 10th. Stifel Nicolaus lowered their price target on shares of Home Depot from $370.00 to $350.00 and set a “hold” rating on the stock in a research report on Monday, December 1st. HSBC dropped their price objective 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. Wall Street Zen lowered Home Depot from a “hold” rating to a “sell” rating in a research note on Friday, November 28th. Finally, BNP Paribas Exane increased their target price on Home Depot from $353.00 to $355.00 and gave the company a “neutral” rating in a report on Friday, December 5th. Twenty-one investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $407.63.

Home Depot Stock Performance

Shares of HD stock opened at $376.02 on Monday. The stock has a fifty day moving average price of $369.64 and a 200 day moving average price of $380.14. The company has a debt-to-equity ratio of 3.82, a quick ratio of 0.29 and a current ratio of 1.05. The stock has a market cap of $374.33 billion, a PE ratio of 25.63, a P/E/G ratio of 13.66 and a beta of 1.08. Home Depot has a 1 year low of $326.31 and a 1 year high of $426.75.

Insider Activity at Home Depot

In other Home Depot news, EVP Ann Marie Campbell sold 145 shares of Home Depot stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $358.26, for a total value of $51,947.70. Following the transaction, the executive vice president owned 12,320 shares in the company, valued at $4,413,763.20. This trade represents a 1.16% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, 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 transaction of $1,000,949.44. Following the sale, the executive vice president directly owned 13,196 shares of the company’s stock, valued at $4,599,069.92. This represents a 17.87% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 4,963 shares of company stock worth $1,748,845. 0.10% of the stock is owned by company insiders.

Institutional Investors Weigh In On Home Depot

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Norges Bank purchased a new position in shares of Home Depot in the 4th quarter valued at $4,850,329,000. Laurel Wealth Advisors LLC boosted its position in Home Depot by 36,207.5% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 10,076,783 shares of the home improvement retailer’s stock worth $3,694,552,000 after purchasing an additional 10,049,029 shares during the period. Wellington Management Group LLP grew its stake in shares of Home Depot by 60.8% in the third quarter. Wellington Management Group LLP now owns 10,143,089 shares of the home improvement retailer’s stock valued at $4,109,878,000 after buying an additional 3,836,051 shares in the last quarter. Cardano Risk Management B.V. raised its holdings in shares of Home Depot by 901.5% during the 4th quarter. Cardano Risk Management B.V. now owns 3,290,540 shares of the home improvement retailer’s stock valued at $1,132,275,000 after buying an additional 2,961,979 shares during the period. Finally, J. Stern & Co. LLP raised its holdings in shares of Home Depot by 14,869.3% during the 4th quarter. J. Stern & Co. LLP now owns 2,232,521 shares of the home improvement retailer’s stock valued at $768,210,000 after buying an additional 2,217,607 shares during the period. 70.86% of the stock is currently owned by institutional investors and hedge funds.

Home Depot News Roundup

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

• Positive Sentiment: Zacks and other previews suggest Home Depot may beat expectations thanks to initiatives such as expanded supply-chain investments and digital tools that boost customer loyalty, which could support upside on an earnings beat. Earnings Whispers: Home Depot Poised for Positive Surprise
• Positive Sentiment: Polymarket prediction markets are overwhelmingly bullish ahead of the print, indicating retail/trader sentiment is tilted toward a favorable surprise — a potential short-term positive if confirmed by results. Home Depot Earnings Is Just a Day Away
• Positive Sentiment: Productivity/Pro-channel tailwinds: Home Depot’s rollout of AI “blueprint takeoffs” to speed Pro project planning could strengthen the pro customer franchise and margins over time. How AI Blueprint Takeoffs Help Home Depot Win Pro Market
• Neutral Sentiment: Consensus previews and analyst commentary (Yahoo Finance, Seeking Alpha, Benzinga) emphasize housing trends and FY26 guidance as the key drivers for trading around the print — earnings could move HD either direction depending on guidance tone. Home Depot Q4 Earnings: What To Expect
• Neutral Sentiment: Options and trading desks are braced for volatility; strategists are laying out earnings-specific option trades and chart levels to watch, signaling elevated short-term sensitivity. Options Corner: HD Earnings Trade
• Neutral Sentiment: Market commentary notes that both Home Depot and Lowe’s report this week and that results will spotlight housing demand trends — sector dynamics (not just company-specific news) will influence HD’s move. Home Depot and Lowe’s Report Earnings This Week
• Positive Sentiment: Piper Sandler maintained an overweight rating even after lowering its price target, signaling continued analyst confidence in HD’s longer-term positioning. Piper Sandler Lowers Target but Keeps Overweight
• Negative Sentiment: Royal Bank of Canada (and other outlets) cut Home Depot’s price target to $363, increasing downside risk if earnings or guidance disappoint; analyst downgrades/target cuts are a headwind for sentiment. RBC Cuts Home Depot Price Target
• Negative Sentiment: Comparisons to Lowe’s, which has outperformed HD over the past decade, keep investor focus on market share and margin trends — negative framing if Home Depot’s print lags peer performance. How Lowe’s Stock Has Trounced Home Depot’s

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.