Home Depot (NYSE:HD) Trading Up 1% - Here's Why

Key Points

• Home Depot was trading up about 1% midday at roughly $339.57 on lighter volume, boosted by an oil-driven market rally and a supportive analyst backdrop — the consensus rating is a "Moderate Buy" with a target near $414.17.
• The company reported an EPS beat ($2.72 vs. $2.52) despite revenue falling 3.8% YoY, issued FY2026 EPS guidance of 14.230–14.799, and raised its quarterly dividend to $2.33 (annualized $9.32, yield ~2.7%).
• Near-term risks include commentary on a 52-week low, weaker big-ticket demand and margin pressure from investments, and the stock trading below its 50- and 200-day moving averages, which may keep some investors sidelined.

The Home Depot, Inc. (NYSE:HD - Get Free Report)'s stock price was up 1% during mid-day trading on Thursday . The company traded as high as $340.57 and last traded at $339.5740. Approximately 2,985,734 shares traded hands during trading, a decline of 30% from the average daily volume of 4,256,564 shares. The stock had previously closed at $336.16.

Trending Headlines about Home Depot

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

• Positive Sentiment: Macro catalyst — reports that President Trump announced a two-week suspension of attacks on Iran and the resulting sharp drop in crude oil helped lift consumer stocks, boosting Home Depot along with peers. RH and Home Depot Shares Are Soaring, What You Need To Know
• Positive Sentiment: Shares reacted positively to the oil-driven market rally that pushed broader indexes sharply higher, a short-term tailwind for HD’s consumer-exposed revenue. Home Depot Shares Gain As Oil Crash Lifts Consumer Stocks
• Positive Sentiment: Analyst positioning — brokerages collectively give HD a consensus “Moderate Buy,” which supports demand for the stock and may help limit sell-offs. The Home Depot, Inc. NYSE: HD Receives Consensus Recommendation of "Moderate Buy" from Brokerages
• Positive Sentiment: Incremental visible earnings support — Erste Group nudged up its FY2028 EPS estimate for Home Depot, reinforcing the view that underlying profitability assumptions remain intact. MarketBeat: Erste Group raises FY2028 EPS for HD
• Neutral Sentiment: Valuation debate — commentary questioning whether HD is “too late to buy” notes mixed intermediate returns; this fuels debate between value/entry-horizon investors rather than prompting immediate directional moves. Is It Too Late To Consider Home Depot (HD) After Recent Share Price Strength?
• Neutral Sentiment: “Oversold” / rebound narratives — some outlets argue HD is oversold and near a support zone, which can attract buyers but also reflects caution about near-term demand. Oversold Home Depot stock not likely to fall much further
• Neutral Sentiment: Inclusion in “discounted stocks” lists can attract bargain hunters, but these stories typically reflect longer-term thematic ideas rather than immediate catalysts. 3 Discounted Stocks With Strong Rebound Potential
• Negative Sentiment: Operating concerns — Zacks highlighted HD hitting a 52-week low and noted weaker big-ticket demand and margin pressures from investments, which pose near-term downside risks if demand softens further. Home Depot Hits 52-Week Low: Time to Buy Now or Stay Cautious?
• Negative Sentiment: Technical/market-headwind notes — broader coverage pointing out YTD and 1-year weakness for HD can keep some investors on the sidelines until clearer demand or margin improvement appears. The Dow Tests a Key Technical Threshold. Watching Apple, Home Depot Stocks.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on HD shares. Sanford C. Bernstein raised their price target on Home Depot from $381.00 to $390.00 and gave the stock a "market perform" rating in a research note on Wednesday, February 25th. Royal Bank Of Canada raised their price target on Home Depot from $363.00 to $377.00 and gave the stock a "sector perform" rating in a research note on Wednesday, February 25th. Wall Street Zen upgraded Home Depot from a "sell" rating to a "hold" rating in a research note on Saturday, March 21st. Jefferies Financial Group raised their price target on Home Depot from $424.00 to $454.00 and gave the stock a "buy" rating in a research note on Tuesday, February 24th. Finally, Gordon Haskett raised their price target on Home Depot from $330.00 to $370.00 and gave the stock a "hold" rating in a research note on Wednesday, February 11th. Twenty equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $414.17.

Home Depot Stock Up 1.0%

The company has a current ratio of 1.06, a quick ratio of 0.26 and a debt-to-equity ratio of 3.62. The company has a market capitalization of $338.22 billion, a PE ratio of 23.86, a P/E/G ratio of 3.51 and a beta of 1.09. The firm has a 50 day simple moving average of $357.82 and a two-hundred day simple moving average of $365.74.

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

Home Depot Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Thursday, March 12th were paid a $2.33 dividend. This represents a $9.32 dividend on an annualized basis and a dividend yield of 2.7%. This is a boost from Home Depot's previous quarterly dividend of $2.30. The ex-dividend date was Thursday, March 12th. Home Depot's dividend payout ratio (DPR) is presently 65.50%.

Insider Buying and Selling at Home Depot

In related news, CFO Richard V. Mcphail sold 2,550 shares of Home Depot stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $368.89, for a total value of $940,669.50. Following the sale, the chief financial officer directly owned 44,566 shares in the company, valued at $16,439,951.74. The trade was a 5.41% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.10% of the stock is currently owned by company insiders.

Institutional Trading of Home Depot

A number of institutional investors have recently modified their holdings of HD. Advocate Investing Services LLC purchased a new stake in shares of Home Depot in the fourth quarter valued at approximately $25,000. Parvin Asset Management LLC boosted 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 buying an additional 33 shares in the last quarter. Key Capital Management INC purchased a new stake in shares of Home Depot in the fourth quarter valued at approximately $28,000. Abound Financial LLC acquired a new position in Home Depot during the fourth quarter worth $29,000. Finally, Osbon Capital Management LLC acquired a new position in Home Depot during the fourth quarter worth $29,000. 70.86% of the stock is currently owned by hedge funds and other institutional investors.

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.

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