The Home Depot, Inc. (NYSE:HD) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of The Home Depot, Inc. (NYSE:HD) have been given an average rating of “Moderate Buy” by the thirty-two brokerages that are presently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, twelve have assigned a hold rating and nineteen have given a buy rating to the company. The average 12-month target price among analysts that have covered the stock in the last year is $371.3929.

Several research analysts recently commented on the stock. Piper Sandler reduced their price target on shares of Home Depot from $422.00 to $421.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 20th. Mizuho reduced their price target on shares of Home Depot from $415.00 to $385.00 and set an “outperform” rating on the stock in a research note on Wednesday, May 20th. Guggenheim reaffirmed a “buy” rating and issued a $425.00 price target on shares of Home Depot in a research note on Wednesday, May 20th. Daiwa Securities Group raised their price target on shares of Home Depot from $360.00 to $390.00 and gave the stock a “neutral” rating in a research note on Thursday, February 26th. Finally, UBS Group reduced their price target on shares of Home Depot from $450.00 to $430.00 and set a “buy” rating on the stock in a research note on Wednesday, May 20th.

Home Depot Trading Up 0.2%

Shares of HD opened at $311.21 on Friday. Home Depot has a twelve month low of $289.10 and a twelve month high of $426.75. The company has a market cap of $310.32 billion, a P/E ratio of 22.10, a P/E/G ratio of 3.59 and a beta of 0.97. The company has a current ratio of 1.04, a quick ratio of 0.28 and a debt-to-equity ratio of 3.23. The company’s fifty day simple moving average is $324.35 and its 200-day simple moving average is $349.17.

Home Depot (NYSE:HD) last announced its earnings results on Tuesday, May 19th. The home improvement retailer reported $3.43 earnings per share for the quarter, beating the consensus estimate of $3.41 by $0.02. Home Depot had a net margin of 8.41% and a return on equity of 117.24%. The business had revenue of $41.77 billion for the quarter, compared to the consensus estimate of $41.59 billion. During the same quarter in the prior year, the firm posted $3.56 earnings per share. The business’s revenue for the quarter was up 4.8% on a year-over-year basis. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. As a group, analysts expect that Home Depot will post 15.02 EPS for the current year.

Home Depot Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th will be issued a $2.33 dividend. This represents a $9.32 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date is Thursday, June 4th. Home Depot’s dividend payout ratio (DPR) is currently 66.19%.

Trending Headlines about Home Depot

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

• Positive Sentiment: Home Depot’s interconnected retail strategy is being credited with lifting sales and driving double-digit online growth, even in a challenged home improvement market. Is Home Depot’s Interconnected Retail Strategy Paying Off?
• Positive Sentiment: A favorable Texas Supreme Court decision limiting shipper liability in the Home Depot/Werner case may reduce long-term legal risk and investor uncertainty. Texas court nixes shipper liability in Home Depot/Werner case
• Positive Sentiment: Home Depot’s latest quarter showed revenue of $41.77 billion, beating expectations, and the company reaffirmed fiscal 2026 guidance, which can reassure investors about earnings visibility.

Institutional Trading of Home Depot

A number of institutional investors have recently bought and sold shares of the stock. Silphium Asset Management Ltd increased its holdings in shares of Home Depot by 77.2% during the 3rd quarter. Silphium Asset Management Ltd now owns 13,544 shares of the home improvement retailer’s stock valued at $5,488,000 after purchasing an additional 5,900 shares in the last quarter. Atlantic Union Bankshares Corp increased its holdings in shares of Home Depot by 59.9% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 107,438 shares of the home improvement retailer’s stock valued at $43,533,000 after purchasing an additional 40,232 shares in the last quarter. King Luther Capital Management Corp increased its holdings in shares of Home Depot by 0.6% during the 4th quarter. King Luther Capital Management Corp now owns 1,240,478 shares of the home improvement retailer’s stock valued at $426,848,000 after purchasing an additional 7,180 shares in the last quarter. Carnegie Investment Counsel increased its holdings in shares of Home Depot by 24.8% during the 4th quarter. Carnegie Investment Counsel now owns 108,306 shares of the home improvement retailer’s stock valued at $37,268,000 after purchasing an additional 21,545 shares in the last quarter. Finally, Savvy Advisors Inc. increased its holdings in shares of Home Depot by 36.0% during the 4th quarter. Savvy Advisors Inc. now owns 19,478 shares of the home improvement retailer’s stock valued at $6,703,000 after purchasing an additional 5,152 shares in the last quarter. 70.86% of the stock is currently owned by institutional investors and hedge funds.

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.