Home Depot (NYSE:HD) Stock Breaks Above 200 Day Moving Average – Here’s Why

Posted by Brenda Bartman on Nov 4th, 2026

The Home Depot, Inc. (NYSE:HD – Get Free Report) shares crossed above its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $334.72 and traded as high as $341.54. Home Depot shares last traded at $341.1670, with a volume of 4,769,131 shares trading hands.

Key Home Depot News

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

Positive Sentiment: Home Depot and other housing stocks rallied after Democrats won the midterms, while Treasury yields edged lower. Investors may be anticipating less inflation pressure and improved financing conditions for housing and renovation spending. Housing stocks rally following midterm elections, Treasury yields dip lower
Neutral Sentiment: The housing market remains weak, with turnover near historic lows. Home Depot’s management has indicated that customers may still have the means for larger projects but are waiting for greater certainty—leaving a potential source of future demand, rather than an immediate boost. 1 Reason to Buy Home Depot Stock During This Historically Weak Housing Market
Negative Sentiment: Inflation-related input and fuel costs, along with acquisition-related product mix, could pressure margins. Tariff refunds helped Q2 margins, but those benefits may not offset ongoing cost headwinds. Home Depot’s Margin Outlook Faces Inflationary Headwinds

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the stock. Mizuho upped their price target on shares of Home Depot from $385.00 to $390.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 19th. TD Cowen reissued a “buy” rating on shares of Home Depot in a research report on Monday, August 10th. Jefferies Financial Group reiterated a “buy” rating and issued a $398.00 price target on shares of Home Depot in a report on Tuesday, August 18th. Wells Fargo & Company upped their price objective on shares of Home Depot from $360.00 to $400.00 and gave the company an “overweight” rating in a report on Tuesday, August 11th. Finally, Melius Research set a $397.00 price target on shares of Home Depot in a report on Tuesday, October 6th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $375.31.

View Our Latest Analysis on HD

Home Depot Price Performance

The stock’s fifty day moving average price is $308.82 and its 200-day moving average price is $334.39. The firm has a market cap of $354.61 billion, a PE ratio of 24.87, a price-to-earnings-growth ratio of 2.37 and a beta of 0.93. The company has a debt-to-equity ratio of 2.64, a current ratio of 1.08 and a quick ratio of 0.31.

Home Depot (NYSE:HD – Get Free Report) last posted its quarterly earnings results on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.73 by $0.19. The business had revenue of $47.86 billion during the quarter, compared to analyst estimates of $47.24 billion. Home Depot had a return on equity of 106.42% and a net margin of 8.41%. The business’s revenue was up 5.7% compared to the same quarter last year. During the same period in the prior year, the business earned $4.68 earnings per share. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. As a group, equities analysts expect that The Home Depot, Inc. 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. Investors of record on Thursday, September 3rd were issued a $2.33 dividend. This represents a $9.32 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend was Thursday, September 3rd. Home Depot’s dividend payout ratio is 65.22%.

Insider Transactions at Home Depot

In other Home Depot news, CFO Richard McPhail sold 5,989 shares of the firm’s stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $348.40, for a total transaction of $2,086,567.60. Following the transaction, the chief financial officer directly owned 48,104 shares of the company’s stock, valued at approximately $16,759,433.60. This trade represents a 11.07% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CAO Kimberly Scardino sold 675 shares of Home Depot stock in a transaction on Thursday, September 10th. The shares were sold at an average price of $305.95, for a total transaction of $206,516.25. Following the completion of the transaction, the chief accounting officer owned 8,189 shares in the company, valued at approximately $2,505,424.55. This trade represents a 7.62% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 9,829 shares of company stock valued at $3,339,314 over the last ninety days. 0.08% of the stock is owned by insiders.

Institutional Trading of Home Depot

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Zeit Capital LLC bought a new position in shares of Home Depot in the second quarter worth $26,000. Next Level Wealth Planning LLC purchased a new stake in shares of Home Depot in the third quarter worth approximately $28,000. Principia Wealth Advisory LLC increased its position in Home Depot by 60.4% in the 2nd quarter. Principia Wealth Advisory LLC now owns 85 shares of the home improvement retailer’s stock worth $30,000 after purchasing an additional 32 shares during the last quarter. Navigoe LLC acquired a new position in shares of Home Depot during the 2nd quarter worth $32,000. Finally, Livelsberger Financial Advisory acquired a new stake in Home Depot in the 3rd quarter worth approximately $32,000. 70.86% of the stock is owned by institutional investors.

Home Depot Company Profile

(Get Free Report)

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.