Home Depot (NYSE:HD) Price Target Raised to $445.00 at DA Davidson

Home Depot (NYSE:HD) had its price target boosted by DA Davidson from $407.00 to $445.00 in a report released on Tuesday, MarketBeat.com reports. The brokerage currently has a buy rating on the home improvement retailer’s stock.

A number of other research analysts also recently commented on HD. Argus reduced their price objective on shares of Home Depot from $450.00 to $425.00 and set a “buy” rating on the stock in a research note on Thursday, November 20th. UBS Group set a $430.00 target price on shares of Home Depot in a research note on Wednesday, December 10th. HSBC reduced their price target on shares of Home Depot from $445.00 to $400.00 and set a “hold” rating on the stock in a research report on Wednesday, November 19th. Piper Sandler lowered their price objective on Home Depot from $441.00 to $422.00 and set an “overweight” rating for the company in a report on Monday. Finally, Guggenheim reduced their target price on Home Depot from $450.00 to $400.00 and set a “buy” rating on the stock in a report on Thursday, November 20th. 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. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $410.53.

Home Depot Trading Up 2.0%

NYSE:HD opened at $384.66 on Tuesday. Home Depot has a one year low of $326.31 and a one year high of $426.75. The business’s 50-day simple moving average is $370.27 and its 200 day simple moving average is $380.12. 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 $382.93 billion, a price-to-earnings ratio of 26.22, a price-to-earnings-growth ratio of 13.49 and a beta of 1.08.

Home Depot (NYSE:HD) last posted its quarterly earnings data 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. The company had revenue of $38.20 billion for the quarter, compared to the consensus estimate of $38.01 billion. Home Depot had a return on equity of 160.74% and a net margin of 8.77%.Home Depot’s revenue for the quarter was down 3.8% compared to the same quarter last year. During the same period in the previous year, the business earned $3.13 EPS. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. As a group, sell-side analysts predict that Home Depot will post 15.13 earnings per share for the current fiscal year.

Home Depot Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 12th will be given a dividend of $2.33 per share. This represents a $9.32 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Thursday, March 12th. This is a positive change from Home Depot’s previous quarterly dividend of $2.30. Home Depot’s payout ratio is currently 62.71%.

Insider Activity at Home Depot

In related news, EVP Teresa Wynn Roseborough sold 2,872 shares of the business’s stock in a transaction that occurred on Friday, December 26th. The stock was sold at an average price of $348.52, for a total transaction of $1,000,949.44. Following the completion of the transaction, the executive vice president owned 13,196 shares in the company, valued at $4,599,069.92. The trade was a 17.87% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Angie Brown sold 1,946 shares of the company’s stock in a transaction 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 transaction, the executive vice president owned 3,941 shares of the company’s stock, valued at approximately $1,409,419.83. The trade was a 33.06% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 4,963 shares of company stock worth $1,748,845 in the last 90 days. 0.10% of the stock is currently owned by company insiders.

Institutional Trading of Home Depot

Several hedge funds have recently added to or reduced their stakes in the business. Alternative Investment Advisors LLC. increased its stake in shares of Home Depot by 18.8% during the fourth quarter. Alternative Investment Advisors LLC. now owns 657 shares of the home improvement retailer’s stock valued at $227,000 after acquiring an additional 104 shares during the period. SG Trading Solutions LLC bought a new position in Home Depot during the 4th quarter valued at $2,186,000. Titan Investment Management LLC acquired a new position in shares of Home Depot during the 4th quarter valued at $1,986,000. DiPaolo Financial Group Inc. acquired a new position in shares of Home Depot during the 4th quarter valued at $214,000. Finally, Nolet Wealth Management LLC bought a new stake in shares of Home Depot in the 4th quarter worth $338,000. 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: Q4 earnings beat and revenue slightly above expectations — adjusted EPS of $2.72 topped estimates and revenue of $38.2B edged past the street, driven by modest comparable-sales improvement and margin gains. CNBC: Home Depot beats
• Positive Sentiment: Dividend raised and dividend-case momentum — company increased its quarterly payout (1.3%) and MarketBeat highlights growing institutional accumulation and dividend-investor interest that can support multiple and lower volatility over time. PR Newswire: Dividend & results MarketBeat: Accumulation
• Positive Sentiment: Business mix resilience — Home Depot’s professional (B2B) and contractor business is a growing share of sales (nearer to 50%), helping offset weaker DIY demand and making revenue less cyclical. PYMNTS: B2B share
• Positive Sentiment: Analyst support — at least one shop (DA Davidson) raised its price target significantly and reiterated a buy view, signaling confidence from some sell‑side desks. The Fly: Price target raise
• Neutral Sentiment: Company backed FY26 guidance but it’s conservative — FY26 EPS range was given (14.230–14.799), with the midpoint a touch below consensus; management kept outlook steady rather than upgrading it. MarketBeat: Guidance
• Neutral Sentiment: Mixed analyst tone and peer comparison — some outlets praise HD’s stability, while others point to Lowe’s as a potentially cheaper/stronger short‑term trade; analysts’ price targets remain dispersed. Barron’s: Lowe’s comparison
• Negative Sentiment: Sales decline and housing weakness — total revenue fell ~3.8% YoY, management described a “frozen” housing environment and said homeowners are delaying big projects due to affordability and job worries, which dampens the demand outlook. NYT: Homeowners wary Seeking Alpha: Frozen housing
• Negative Sentiment: Margins and income compression — income contracted and adjusted EPS declined vs. last year (partly due to calendar effects), so earnings quality questions and slower topline growth are risks until housing activity recovers. Zacks: Sales miss context

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.