The Home Depot, Inc. (NYSE:HD) Receives $373.14 Consensus PT from Brokerages

The Home Depot, Inc. (NYSE:HD) has received a consensus rating of “Moderate Buy” from the thirty-two brokerages that are presently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, thirteen have assigned a hold recommendation and eighteen have given a buy recommendation to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $375.25.

HD has been the topic of a number of research reports. Royal Bank Of Canada boosted their target price on shares of Home Depot from $340.00 to $343.00 and gave the stock a “sector perform” rating in a report on Wednesday, August 12th. DA Davidson reaffirmed a “buy” rating and issued a $377.00 price target on shares of Home Depot in a report on Monday, July 27th. Jefferies Financial Group reissued a “buy” rating and set a $398.00 price objective on shares of Home Depot in a research note on Tuesday. Citigroup decreased their price objective on Home Depot from $450.00 to $400.00 and set a “buy” rating on the stock in a research report on Tuesday, May 12th. Finally, The Goldman Sachs Group dropped their target price on Home Depot from $409.00 to $390.00 and set a “buy” rating for the company in a report on Wednesday, May 20th.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of HD. Advocate Investing Services LLC purchased a new stake in Home Depot in the 4th quarter worth about $25,000. Zeit Capital LLC purchased a new position in shares of Home Depot during the second quarter valued at approximately $26,000. Parvin Asset Management LLC grew its stake in shares of Home Depot by 110.0% during the third quarter. Parvin Asset Management LLC now owns 63 shares of the home improvement retailer’s stock valued at $26,000 after buying an additional 33 shares during the last quarter. Cache Advisors LLC bought a new position in shares of Home Depot during the first quarter valued at approximately $27,000. Finally, Key Capital Management INC purchased a new stake in shares of Home Depot in the fourth quarter worth approximately $28,000. Institutional investors own 70.86% of the company’s stock.

Home Depot News Summary

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

• Positive Sentiment: Home Depot reported fiscal Q2 adjusted EPS of $4.92, above the $4.73 consensus estimate, while revenue rose 5.7% year over year to $47.86 billion, exceeding expectations of approximately $47.24 billion. Home Depot reaffirms guidance amid frozen housing market conditions
• Positive Sentiment: Comparable sales increased 1.7% globally and 1.3% in the U.S.—the company’s strongest comparable-sales performance since 2022—as customers continued smaller repair and maintenance projects despite high mortgage rates and housing costs. Average ticket rose 2.8%, helping offset a 1.0% decline in comparable transactions. Home Depot beats quarterly sales estimates on steady repair demand
• Positive Sentiment: The nationwide rollout of Express Delivery, using more than 2,000 U.S. stores as fulfillment hubs for delivery in three hours or less, could support online sales, customer retention and Pro-customer demand. The Home Depot expands nationwide express delivery
• Neutral Sentiment: Management reaffirmed fiscal 2026 guidance for roughly 2.5%–4.5% sales growth, flat to 2.0% comparable-sales growth and EPS of $14.690–$15.278. Maintaining the outlook provides stability, but the lack of an increase suggests a housing recovery has not yet materialized.
• Negative Sentiment: Executives described housing conditions as “frozen.” Customers are avoiding large renovations, while weak housing starts and elevated Treasury yields remain headwinds for discretionary projects and valuation. The CEO’s recently announced medical leave adds a separate near-term leadership uncertainty. Home Depot tops earnings estimates amid frozen housing market

Home Depot Stock Up 0.1%

NYSE HD opened at $338.10 on Wednesday. The company has a debt-to-equity ratio of 3.23, a quick ratio of 0.28 and a current ratio of 1.04. The company has a market capitalization of $337.12 billion, a P/E ratio of 24.01, a P/E/G ratio of 4.08 and a beta of 0.95. Home Depot has a one year low of $289.10 and a one year high of $426.75. The stock has a 50 day moving average price of $340.08 and a 200-day moving average price of $340.97.

Home Depot (NYSE:HD) last posted its earnings results on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share for the quarter, beating analysts’ consensus estimates of $4.73 by $0.19. The firm had revenue of $47.86 billion during the quarter, compared to analyst estimates of $47.24 billion. Home Depot had a net margin of 8.41% and a return on equity of 117.24%. Home Depot’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same period last year, the firm posted $4.68 earnings per share. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. As a group, equities analysts predict that Home Depot will post 14.99 EPS for the current fiscal year.

Home Depot Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Thursday, June 4th were given a $2.33 dividend. The ex-dividend date was Thursday, June 4th. This represents a $9.32 dividend on an annualized basis and a yield of 2.8%. Home Depot’s dividend payout ratio (DPR) is currently 66.19%.

Home Depot Company Profile

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.