Guggenheim Issues Positive Forecast for Home Depot (NYSE:HD) Stock Price

Home Depot (NYSE:HD) had its price objective increased by equities researchers at Guggenheim from $400.00 to $425.00 in a note issued to investors on Wednesday,Benzinga reports. The brokerage presently has a “buy” rating on the home improvement retailer’s stock. Guggenheim’s price target indicates a potential upside of 14.13% from the stock’s previous close.

Several other research analysts also recently commented on the stock. Citigroup lifted their price target on shares of Home Depot from $407.00 to $450.00 and gave the stock a “buy” rating in a research note on Thursday, February 12th. BNP Paribas Exane increased their target price on shares of Home Depot from $353.00 to $355.00 and gave the company a “neutral” rating in a report on Friday, December 5th. Wall Street Zen cut shares of Home Depot from a “hold” rating to a “sell” rating in a research report on Friday, November 28th. KGI Securities lowered shares of Home Depot from an “outperform” rating to a “hold” rating and set a $320.00 price target for the company. in a research report on Wednesday, November 19th. Finally, Argus reduced their price objective on Home Depot from $450.00 to $425.00 and set a “buy” rating on the stock in a research note on Thursday, November 20th. Twenty-one equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $414.37.

Home Depot Price Performance

HD stock traded down $12.09 during mid-day trading on Wednesday, hitting $372.39. 705,667 shares of the stock were exchanged, compared to its average volume of 4,211,212. The business has a fifty day moving average price of $370.27 and a 200 day moving average price of $380.12. Home Depot has a 12 month low of $326.31 and a 12 month high of $426.75. The company has a debt-to-equity ratio of 3.82, a current ratio of 1.05 and a quick ratio of 0.29. The stock has a market capitalization of $370.71 billion, a price-to-earnings ratio of 25.46, a PEG ratio of 13.49 and a beta of 1.08.

Home Depot (NYSE:HD) last announced its quarterly earnings data on Tuesday, February 24th. The home improvement retailer reported $2.72 EPS for the quarter, beating the consensus estimate of $2.52 by $0.20. The firm had revenue of $38.20 billion for the quarter, compared to analyst estimates of $38.01 billion. Home Depot had a return on equity of 160.74% and a net margin of 8.77%.The company’s revenue was down 3.8% on a year-over-year basis. During the same period in the prior year, the company earned $3.13 EPS. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. On average, sell-side analysts anticipate that Home Depot will post 15.13 EPS for the current year.

Insider Activity

In other news, EVP Ann Marie Campbell sold 145 shares of Home Depot 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 sale, the executive vice president owned 12,320 shares of the company’s stock, valued at approximately $4,413,763.20. The trade was a 1.16% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Angie Brown sold 1,946 shares of the stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $357.63, for a total transaction of $695,947.98. Following the completion of the transaction, the executive vice president directly owned 3,941 shares of the company’s stock, valued at approximately $1,409,419.83. The trade was a 33.06% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 4,963 shares of company stock valued at $1,748,845. Corporate insiders own 0.10% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Brighton Jones LLC grew its position in shares of Home Depot by 36.5% in the 4th quarter. Brighton Jones LLC now owns 26,918 shares of the home improvement retailer’s stock worth $10,471,000 after buying an additional 7,203 shares during the period. Sivia Capital Partners LLC lifted its position in Home Depot by 7.1% during the 2nd quarter. Sivia Capital Partners LLC now owns 2,598 shares of the home improvement retailer’s stock valued at $952,000 after acquiring an additional 173 shares during the period. Ignite Planners LLC boosted its stake in Home Depot by 0.7% during the second quarter. Ignite Planners LLC now owns 6,526 shares of the home improvement retailer’s stock worth $2,346,000 after acquiring an additional 47 shares in the last quarter. Croban purchased a new stake in Home Depot in the second quarter worth about $416,000. Finally, Schnieders Capital Management LLC. grew its holdings in Home Depot by 14.1% in the second quarter. Schnieders Capital Management LLC. now owns 11,587 shares of the home improvement retailer’s stock worth $4,248,000 after purchasing an additional 1,433 shares during the period. Institutional investors own 70.86% of the company’s stock.

Trending Headlines about Home Depot

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

• Positive Sentiment: Q4 earnings and revenue topped expectations (largest EPS beat in many quarters), showing resilient margin execution and improved comps versus recent prints. PR Newswire: Home Depot Q4 results
• Positive Sentiment: Board raised the quarterly dividend by 1.3% to $2.33, supporting income-focused investors and signaling cash-flow confidence. PR Newswire: Dividend increase
• Positive Sentiment: Several sell-side analysts raised price targets and reiterated buy/outperform views after the print (Telsey, DA Davidson, J.P. Morgan commentary), providing uplift to sentiment. The Fly: DA Davidson raises target
• Neutral Sentiment: Management reaffirmed FY2026 EPS guidance (range provided) — the midpoint is close to consensus but guidance is tepid, so it removes some near-term uncertainty without implying strong upside. MarketBeat: Q4 release & guidance
• Neutral Sentiment: Home Depot’s shift toward pro/B2B sales (nearing ~50% of revenue commentary) and digital tools are cited as structural positives that improve earnings quality over time. PYMNTS: B2B momentum
• Negative Sentiment: Sales fell 3.8% Y/Y and management flagged a “frozen” housing market and customers delaying big projects; that weak top-line trend and margin headwinds limit upside. MarketBeat: Sales decline & metrics
• Negative Sentiment: CEO Ted Decker warned customers aren’t investing amid affordability/job worries — a cautionary tone that increases recession/consumer-risk concern for investors. Fortune: CEO warns on customer behavior
• Negative Sentiment: Some analysts and commentators question HD’s premium valuation and urge caution (mixed-quarter narrative — beat on EPS but weaker sales/growth), which may cap multiple expansion. Seeking Alpha: valuation concerns
• Negative Sentiment: High-profile commentators (e.g., Cramer) advised not to buy immediately despite long-term potential, adding short-term selling pressure for some traders. Invezz: Cramer commentary

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.