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

Posted by Brian Himes on May 11th, 2026

Shares of The Home Depot, Inc. (NYSE:HD – Get Free Report) have received an average recommendation of “Moderate Buy” from the thirty-three analysts that are presently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, twelve have assigned a hold recommendation and twenty have issued a buy recommendation on the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $410.8621.

HD has been the subject of a number of analyst reports. BNP Paribas Exane reduced their price objective on shares of Home Depot from $391.00 to $348.00 and set a “neutral” rating for the company in a research note on Tuesday, March 24th. Jefferies Financial Group upped their price target on shares of Home Depot from $424.00 to $454.00 and gave the stock a “buy” rating in a research report on Tuesday, February 24th. KeyCorp reissued a “sector weight” rating on shares of Home Depot in a report on Wednesday, February 25th. Daiwa Securities Group boosted their target price on shares of Home Depot from $360.00 to $390.00 and gave the stock a “neutral” rating in a report on Thursday, February 26th. Finally, Bank of America assumed coverage on shares of Home Depot in a report on Tuesday, May 5th. They issued a “buy” rating and a $374.00 target price on the stock.

Check Out Our Latest Stock Analysis on HD

Insider Transactions at Home Depot

In other Home Depot news, CFO Richard V. Mcphail sold 2,550 shares of the stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $368.89, for a total transaction of $940,669.50. Following the completion of the transaction, the chief financial officer owned 44,566 shares in the company, valued at $16,439,951.74. This trade represents a 5.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.08% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Home Depot

Institutional investors have recently bought and sold shares of the business. Advocate Investing Services LLC bought a new position in Home Depot during the fourth quarter valued at $25,000. Parvin Asset Management LLC raised its stake in shares of Home Depot by 110.0% in the third quarter. Parvin Asset Management LLC now owns 63 shares of the home improvement retailer’s stock valued at $26,000 after acquiring an additional 33 shares during the period. Cache Advisors LLC purchased a new stake in shares of Home Depot in the first quarter valued at $27,000. Key Capital Management INC purchased a new stake in shares of Home Depot in the fourth quarter valued at $28,000. Finally, Merkkuri Wealth Advisors LLC purchased a new stake in shares of Home Depot in the first quarter valued at $28,000. Institutional investors own 70.86% of the company’s stock.

Home Depot Trading Down 0.0%

Shares of NYSE HD opened at $317.43 on Monday. Home Depot has a 1 year low of $310.40 and a 1 year high of $426.75. The stock has a market cap of $316.17 billion, a P/E ratio of 22.31, a price-to-earnings-growth ratio of 3.66 and a beta of 1.00. The firm has a 50-day moving average of $339.65 and a 200 day moving average of $357.57. The company has a debt-to-equity ratio of 3.62, a current ratio of 1.06 and a quick ratio of 0.26.

Home Depot (NYSE:HD – Get Free Report) last issued its quarterly 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. Home Depot had a net margin of 8.60% and a return on equity of 134.32%. The company had revenue of $38.20 billion during the quarter, compared to analysts’ expectations of $38.01 billion. During the same period last year, the company posted $3.13 EPS. Home Depot’s revenue was down 3.8% on a year-over-year basis. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. As a group, sell-side analysts expect that Home Depot will post 15.03 EPS for the current fiscal year.

Home Depot Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Thursday, March 12th were issued a $2.33 dividend. This represents a $9.32 annualized dividend and a dividend yield of 2.9%. This is a boost from Home Depot’s previous quarterly dividend of $2.30. The ex-dividend date of this dividend was Thursday, March 12th. Home Depot’s payout ratio is presently 65.50%.

Home Depot News Roundup

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

Positive Sentiment: Erste Group Bank slightly raised its FY2028 EPS estimate for Home Depot to $16.30 from $16.26, suggesting longer-term earnings expectations are still edging higher. Home Depot analyst estimate update
Neutral Sentiment: Home Depot was mentioned in an analyst-trending roundup, but the item does not provide a meaningful new catalyst by itself. Home Depot trending with analysts
Neutral Sentiment: A story about a burrito business operating in a Home Depot parking lot is colorful but not directly material to Home Depot’s fundamentals or earnings outlook. Burrito spot in Home Depot parking lot
Negative Sentiment: Gordon Haskett cut its price target on Home Depot to $330 from $395, which may have reinforced investor concern that the stock’s near-term upside is more limited than previously expected. Gordon Haskett price target cut

About Home Depot

(Get Free Report)

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.