Home Depot (NYSE:HD) Sets New 12-Month Low – Here’s What Happened

The Home Depot, Inc. (NYSE:HD)’s share price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $315.31 and last traded at $318.0890, with a volume of 4605020 shares changing hands. The stock had previously closed at $326.65.

Trending Headlines about Home Depot

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

• Positive Sentiment: Analysts/market pieces argue HD looks oversold and offers long-term upside based on its dividend, aging U.S. housing stock and a consensus price target well above current levels — a buy-and-hold case for income-oriented investors. 3 Discounted Stocks With Strong Rebound Potential
• Positive Sentiment: Home Depot’s Pro business and SRS integration are cited as a key growth lever amid softer retail demand — Pro sales, digital tools and repair-driven spending could stabilize revenue even if DIY demand weakens. Home Depot’s Pro Business: Key Growth Lever Amid Slow Demand?
• Positive Sentiment: Options and technical commentators note HD finding support around ~$320 and suggest bullish strategies (e.g., bull put spreads) for investors who view the pullback as a buying opportunity. That technical support could limit downside near-term. Optimistic on HD? This Bull Put Spread May Fit Perfectly
• Neutral Sentiment: Broader market technicals (Dow test) and general coverage mention HD as a stock to watch given its YTD softness; this provides context but not a direct company-specific catalyst. The Dow Tests a Key Technical Threshold. Watching Apple, Home Depot Stocks.
• Neutral Sentiment: Zacks and other investor-attention pieces note elevated interest in HD and recap factors (dividend, margins, demand mix) — useful summaries but not new drivers. The Home Depot, Inc. (HD) is Attracting Investor Attention: Here is What You Should Know
• Negative Sentiment: High-profile negative commentary (Jim Cramer) and coverage of the recent move to 52‑week lows are pressuring sentiment; public criticism from influential commentators can accelerate selling and heighten volatility. “One of the Most Problematic Positions in My Portfolio” Jim Cramer Turns on Home Depot Stock (NYSE:HD)

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on HD. Daiwa Securities Group boosted their price objective on shares of Home Depot from $360.00 to $390.00 and gave the company a “neutral” rating in a research report on Thursday, February 26th. TD Cowen reaffirmed a “buy” rating on shares of Home Depot in a research report on Thursday, March 12th. Truist Financial set a $424.00 target price on shares of Home Depot in a research report on Tuesday, February 24th. Wolfe Research upped their target price on shares of Home Depot from $413.00 to $414.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 25th. Finally, Telsey Advisory Group reaffirmed an “outperform” rating and issued a $435.00 target price on shares of Home Depot in a research report on Wednesday, March 25th. Twenty equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Home Depot presently has an average rating of “Moderate Buy” and a consensus target price of $414.17.

Home Depot Price Performance

The company has a quick ratio of 0.26, a current ratio of 1.06 and a debt-to-equity ratio of 3.62. The firm has a market capitalization of $316.82 billion, a PE ratio of 22.35, a PEG ratio of 3.51 and a beta of 1.09. The firm’s fifty day simple moving average is $358.60 and its 200-day simple moving average is $365.95.

Home Depot (NYSE:HD) last posted its earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.52 by $0.20. The business 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%. The business’s revenue for the quarter was down 3.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $3.13 EPS. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. On average, research analysts forecast that The Home Depot, Inc. will post 15.13 earnings per share for the current fiscal year.

Home Depot Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Thursday, March 12th were paid a dividend of $2.33 per share. The ex-dividend date was Thursday, March 12th. This represents a $9.32 annualized dividend and a yield of 2.9%. This is an increase from Home Depot’s previous quarterly dividend of $2.30. Home Depot’s dividend payout ratio (DPR) is currently 65.50%.

Insider Transactions at Home Depot

In other Home Depot news, CFO Richard V. Mcphail sold 2,550 shares of the company’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $368.89, for a total transaction of $940,669.50. Following the transaction, the chief financial officer owned 44,566 shares in the company, valued at approximately $16,439,951.74. This represents a 5.41% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.10% of the company’s stock.

Hedge Funds Weigh In On Home Depot

Several hedge funds and other institutional investors have recently bought and sold shares of HD. Emprise Bank lifted its stake in shares of Home Depot by 0.8% in the 3rd quarter. Emprise Bank now owns 3,135 shares of the home improvement retailer’s stock worth $1,270,000 after purchasing an additional 26 shares during the period. Stegent Equity Advisors Inc. lifted its stake in shares of Home Depot by 2.7% in the 3rd quarter. Stegent Equity Advisors Inc. now owns 1,006 shares of the home improvement retailer’s stock worth $408,000 after purchasing an additional 26 shares during the period. Curio Wealth LLC lifted its stake in shares of Home Depot by 13.5% in the 4th quarter. Curio Wealth LLC now owns 218 shares of the home improvement retailer’s stock worth $76,000 after purchasing an additional 26 shares during the period. Unique Wealth LLC lifted its stake in shares of Home Depot by 1.2% in the 3rd quarter. Unique Wealth LLC now owns 2,280 shares of the home improvement retailer’s stock worth $924,000 after purchasing an additional 27 shares during the period. Finally, Arcus Capital Partners LLC lifted its stake in shares of Home Depot by 1.1% in the 3rd quarter. Arcus Capital Partners LLC now owns 2,445 shares of the home improvement retailer’s stock worth $991,000 after purchasing an additional 27 shares during the period. Institutional investors own 70.86% of the company’s stock.

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.