The Home Depot, Inc. (NYSE:HD) Stock Has Average Price Target of $375.93

The Home Depot, Inc. (NYSE:HD) has earned an average recommendation of “Moderate Buy” from the thirty-three ratings firms that are presently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, thirteen have given a hold recommendation, eighteen have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $375.31.

A number of analysts have recently commented on the company. Guggenheim reissued a “buy” rating and set a $425.00 price target on shares of Home Depot in a research note on Wednesday, August 19th. Wells Fargo & Company upped their price objective on Home Depot from $360.00 to $400.00 and gave the company an “overweight” rating in a research note on Tuesday, August 11th. TD Cowen reiterated a “buy” rating on shares of Home Depot in a report on Monday, August 10th. Weiss Ratings reiterated a “hold (c)” rating on shares of Home Depot in a research report on Friday, October 2nd. Finally, DA Davidson reissued a “buy” rating and set a $377.00 target price on shares of Home Depot in a report on Wednesday, August 19th.

Insider Buying and Selling at Home Depot

In related news, EVP Teresa Roseborough sold 2,455 shares of the stock in a transaction on Friday, August 28th. The stock was sold at an average price of $328.77, for a total value of $807,130.35. Following the completion of the sale, the executive vice president directly owned 14,061 shares in the company, valued at $4,622,834.97. This represents a 14.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Michael F. Rowe sold 710 shares of the firm’s stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $336.76, for a total value of $239,099.60. Following the transaction, the executive vice president directly owned 6,838 shares of the company’s stock, valued at approximately $2,302,764.88. This represents a 9.41% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 9,829 shares of company stock worth $3,339,314 in the last three months. 0.08% of the stock is currently owned by company insiders.

Institutional Trading of Home Depot

A number of institutional investors and hedge funds have recently added to or reduced their stakes in HD. Sound Financial Strategies Group LLC bought a new stake in shares of Home Depot in the third quarter valued at about $205,000. Ascent Group LLC increased its holdings in shares of Home Depot by 1.7% during the 3rd quarter. Ascent Group LLC now owns 29,272 shares of the home improvement retailer’s stock valued at $8,328,000 after purchasing an additional 491 shares in the last quarter. Signet Investment Advisory Group Inc. lifted its position in shares of Home Depot by 7.4% during the 3rd quarter. Signet Investment Advisory Group Inc. now owns 10,703 shares of the home improvement retailer’s stock valued at $3,045,000 after buying an additional 742 shares in the last quarter. Compass Financial Management LLC increased its stake in Home Depot by 50.2% during the 3rd quarter. Compass Financial Management LLC now owns 5,287 shares of the home improvement retailer’s stock worth $1,504,000 after buying an additional 1,767 shares in the last quarter. Finally, Rakuten Investment Management Inc. boosted its position in Home Depot by 9.9% during the third quarter. Rakuten Investment Management Inc. now owns 178,971 shares of the home improvement retailer’s stock worth $51,551,000 after acquiring an additional 16,061 shares during the last quarter. Institutional investors and hedge funds own 70.86% of the company’s stock.

Home Depot Stock Performance

NYSE HD opened at $329.31 on Monday. The firm’s fifty day moving average price is $308.45 and its two-hundred day moving average price is $334.91. The stock has a market cap of $328.55 billion, a PE ratio of 23.04, a PEG ratio of 2.34 and a beta of 1.00. Home Depot has a fifty-two week low of $277.15 and a fifty-two week high of $397.63. The company has a debt-to-equity ratio of 2.64, a quick ratio of 0.31 and a current ratio of 1.08.

Home Depot (NYSE:HD) last announced its quarterly earnings results on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.73 by $0.19. Home Depot had a net margin of 8.41% and a return on equity of 106.42%. The company had revenue of $47.86 billion during the quarter, compared to the consensus estimate of $47.24 billion. During the same period in the prior year, the business earned $4.68 earnings per share. The company’s revenue for the quarter was up 5.7% compared to the same quarter last year. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. On average, equities analysts expect that Home Depot will post 15.01 EPS for the current fiscal year.

Home Depot Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd were paid a dividend of $2.33 per share. The ex-dividend date of this dividend was Thursday, September 3rd. This represents a $9.32 annualized dividend and a dividend yield of 2.8%. Home Depot’s dividend payout ratio (DPR) is presently 65.22%.

Key Stories Impacting Home Depot

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

• Positive Sentiment: Steady demand for smaller home-improvement projects and continued digital gains are helping sustain Home Depot’s sales growth despite pressure on larger renovations. This suggests consumers are still spending on maintenance and affordable upgrades. Are Smaller Home Projects Sustaining Home Depot’s Sales Growth?
• Positive Sentiment: One analysis identifies HD as a potential long-term stock, supporting the bullish case based on the company’s scale, established brand, cash generation, and ability to benefit when housing and renovation activity recover. Why Home Depot Is a Top Stock for the Long-Term
• Positive Sentiment: Coverage of dividend-focused blue-chip investments highlights Home Depot’s long history of returning cash to shareholders. Its dividend may appeal to investors seeking income while waiting for a broader housing and remodeling recovery. $300,000 in Home Depot, IBM and McDonald’s Could Pay Over $8,500 a Year
• Neutral Sentiment: A comparison with Somnigroup International asks whether SGI or HD offers better value. The article is primarily a relative-valuation discussion rather than a new company-specific catalyst, so its effect on HD is likely limited. SGI vs. HD: Which Stock Is the Better Value Option?
• Negative Sentiment: Another analysis argues that HD’s valuation may be demanding after its roughly 20% three-year gain, raising concern that the share price could already reflect much of the expected future cash flow. Home Depot Stock Looks Overvalued After Its Three-Year Run
• Negative Sentiment: Commentary on a delayed macroeconomic recovery presents HD as a potential dip-buying opportunity, but also signals that high interest rates, weaker housing activity, and postponed major renovations may continue to restrain near-term results. Home Depot: Delayed Macro Recovery Triggers Dip Buying Opportunity and Richer Yields

Home Depot Company Profile

The Home Depot, Inc is a home improvement retailer serving do-it-yourself customers, professional contractors, and other building and maintenance professionals. The company sells a broad selection of building materials, hardware, tools, appliances, paint, plumbing and electrical supplies, flooring, lighting, lawn and garden products, and home décor.

In addition to merchandise, Home Depot offers services such as product delivery, tool and equipment rental, credit services, and installation for selected products.