Home Depot (NYSE:HD) Price Target Raised to $450.00

Home Depot (NYSE:HD) had its price target hoisted by UBS Group from $430.00 to $450.00 in a report released on Wednesday,Benzinga reports. The brokerage currently has a buy rating on the home improvement retailer’s stock.

A number of other equities research analysts have also recently weighed in on HD. Stifel Nicolaus dropped their price target on Home Depot from $370.00 to $350.00 and set a “hold” rating on the stock in a research note on Monday, December 1st. Gordon Haskett increased their price objective on shares of Home Depot from $330.00 to $370.00 and gave the company a “hold” rating in a research report on Wednesday, February 11th. KeyCorp reaffirmed a “sector weight” rating on shares of Home Depot in a report on Wednesday. HSBC lowered their price target on shares of Home Depot from $445.00 to $400.00 and set a “hold” rating on the stock in a report on Wednesday, November 19th. Finally, Daiwa Securities Group upped their target price on Home Depot from $348.00 to $360.00 and gave the company a “neutral” rating in a research report on Tuesday, December 16th. Twenty investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $416.00.

Home Depot Stock Performance

Shares of HD stock opened at $380.71 on Wednesday. The company has a fifty day moving average price of $371.76 and a two-hundred day moving average price of $380.00. Home Depot has a one year low of $326.31 and a one year high of $426.75. The stock has a market cap of $379.00 billion, a P/E ratio of 26.75, a P/E/G ratio of 13.44 and a beta of 1.08. The company has a debt-to-equity ratio of 3.62, a current ratio of 1.06 and a quick ratio of 0.29.

Home Depot (NYSE:HD) last issued its earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.52 by $0.20. The company had revenue of $38.20 billion for the quarter, compared to analysts’ expectations of $38.01 billion. Home Depot had a net margin of 8.60% and a return on equity of 134.32%. Home Depot’s quarterly revenue was down 3.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $3.13 EPS. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. As a group, equities analysts predict that Home Depot will post 15.13 EPS for the current year.

Home Depot Increases Dividend

The business also recently announced 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 dividend payout ratio is currently 64.65%.

Insider Activity at Home Depot

In related news, EVP Ann Marie Campbell sold 145 shares of the company’s stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $358.26, for a total transaction of $51,947.70. Following the completion of the sale, the executive vice president owned 12,320 shares of the company’s stock, valued at $4,413,763.20. This represents a 1.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Teresa Wynn Roseborough sold 2,872 shares of the company’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 sale, the executive vice president directly owned 13,196 shares of the company’s stock, valued at approximately $4,599,069.92. This trade represents a 17.87% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 4,963 shares of company stock valued at $1,748,845 over the last quarter. 0.10% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of HD. Arwa LLC acquired a new position in Home Depot in the 4th quarter worth about $1,177,000. Financially in Tune LLC bought a new stake in shares of Home Depot during the fourth quarter worth about $466,000. OakTrust Wealth Advisors LLC acquired a new position in shares of Home Depot in the fourth quarter valued at approximately $284,000. TD Capital Management LLC increased its stake in shares of Home Depot by 15.7% in the fourth quarter. TD Capital Management LLC now owns 802 shares of the home improvement retailer’s stock valued at $276,000 after buying an additional 109 shares during the period. Finally, Sit Investment Associates Inc. raised its holdings in Home Depot by 5.0% in the 4th quarter. Sit Investment Associates Inc. now owns 63,105 shares of the home improvement retailer’s stock valued at $21,714,000 after buying an additional 3,010 shares during the last quarter. 70.86% of the stock is currently owned by institutional investors.

Key Headlines Impacting Home Depot

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

• Positive Sentiment: Q4 beats, revenue and dividend hike — Home Depot topped Q4 estimates (EPS and revenue), reported positive comparable‑store sales, and approved a 1.3% dividend increase, signaling management confidence in cash flow. Does Home Depot’s Modest 2026 Outlook And Dividend Hike Reframe The Tech‑And‑Pro Story For HD?
• Positive Sentiment: Pro/customer mix is protecting results — Professional contractors are driving resilience in sales (Pro-focused initiatives, SRS integration and trade services are improving stickiness and margins versus DIY). Home Depot’s Pro Ecosystem Shows Resilience in Soft Market
• Positive Sentiment: Analyst support is increasing — Several firms have raised price targets and some analysts (including TD Cowen coverage) kept or added bullish ratings, giving the stock upward momentum. Home Depot: Pro-Focused Growth and Acquisition Integration Position FY26 as an Inflection Year Supporting a Buy Rating
• Positive Sentiment: Recent price‑target upgrades — Firms including Stifel, Daiwa and others nudged up targets post‑earnings, providing technical and sentiment support for the shares. Home Depot price target raised to $375 from $350 at Stifel
• Neutral Sentiment: 2026 guidance is modest — Management gave conservative FY26 sales/EPS guidance (low‑single‑digit sales growth, flat to low single‑digit EPS growth) and plans ~15 new store openings, which tempers upside until the housing cycle improves. Does Home Depot’s Modest 2026 Outlook And Dividend Hike Reframe The Tech‑And‑Pro Story For HD?
• Negative Sentiment: Macro/housing headwinds weigh on sentiment — High mortgage rates and low existing‑home turnover (“lock‑in” effect) are keeping big discretionary remodel projects on hold, which has driven short‑term investor caution and prior sell‑offs. Jim Cramer Wonders Why People Are Selling Home Depot (HD) Shares

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.