Home Depot (NYSE:HD) Stock Price Up 1% – Here’s Why

The Home Depot, Inc. (NYSE:HD) rose 1% on Monday . The stock traded as high as $345.24 and last traded at $342.44. Approximately 3,108,150 shares changed hands during trading, a decline of 26% from the average daily volume of 4,221,626 shares. The stock had previously closed at $339.03.

Key Home Depot News

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

• Positive Sentiment: New real-time delivery tracker for Pro customers — Provides minute-by-minute GPS visibility for bulky-material deliveries, which should reduce job-site delays, strengthen Pro retention and deepen Home Depot’s omnichannel value to contractors. Home Depot Bets On Real Time Delivery Tracking To Deepen Pro Loyalty
• Positive Sentiment: Analyst support and price-target upgrades — UBS and other outlets have increased targets and maintained buy ratings, and consensus analyst stance is around “moderate buy,” which can attract funds and retail inflows. The Home Depot, Inc. (NYSE:HD) Receives Average Recommendation of “Moderate Buy” from Analysts
• Neutral Sentiment: Industry lists and long-term bullish coverage — HD appears in “best retail stocks” and buy-and-hold lists, supporting long-term investor narratives but offering limited immediate catalytic impact. The Best 4 Retail Stocks to Buy and Hold for Decades
• Neutral Sentiment: Bull case summaries circulating — Independent bullish write-ups (Substack/analyst blogs) reiterate HD’s cash flow and dividend appeal; useful for sentiment but not an immediate fundamental change. Is The Home Depot, Inc. (HD) A Good Stock To Buy Now?
• Negative Sentiment: Near-term demand and technical/valuation headwinds — Recent quarter showed revenue down year-over-year and HD trades below its 50- and 200-day moving averages; leverage (debt-to-equity) and stretched multiples relative to slower sales growth could cap upside if housing/residential spending weakens. (Background: recent quarterly results and company metrics)

Analysts Set New Price Targets

A number of equities analysts have recently commented on HD shares. Argus dropped their target price on Home Depot from $450.00 to $425.00 and set a “buy” rating for the company in a report on Thursday, November 20th. Daiwa Securities Group increased their price target on Home Depot from $360.00 to $390.00 and gave the company a “neutral” rating in a report on Thursday, February 26th. Robert W. Baird raised their price target on Home Depot from $400.00 to $430.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 17th. Jefferies Financial Group lifted their price objective on shares of Home Depot from $424.00 to $454.00 and gave the stock a “buy” rating in a research note on Tuesday, February 24th. Finally, Wolfe Research boosted their price objective on shares of Home Depot from $413.00 to $414.00 and gave the company an “outperform” rating in a research report on Wednesday, February 25th. Twenty analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $416.00.

Home Depot Stock Performance

The firm has a market cap of $340.90 billion, a PE ratio of 24.06, a price-to-earnings-growth ratio of 12.20 and a beta of 1.09. The business has a 50 day simple moving average of $373.81 and a two-hundred day simple moving average of $376.37. The company has a quick ratio of 0.26, a current ratio of 1.06 and a debt-to-equity ratio of 3.62.

Home Depot (NYSE:HD) last issued its 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. The firm had revenue of $38.20 billion during the quarter, compared to analyst estimates 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 was down 3.8% on a year-over-year basis. During the same period in the previous year, the firm earned $3.13 earnings per share. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. As a group, equities 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 disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Thursday, March 12th will be given a $2.33 dividend. This is a positive change from Home Depot’s previous quarterly dividend of $2.30. The ex-dividend date of this dividend is Thursday, March 12th. This represents a $9.32 annualized dividend and a yield of 2.7%. Home Depot’s dividend payout ratio is presently 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 value of $940,669.50. Following the transaction, the chief financial officer directly owned 44,566 shares in the company, valued at $16,439,951.74. This represents a 5.41% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Teresa Wynn Roseborough sold 2,872 shares of the firm’s stock in a transaction that occurred on Friday, December 26th. The stock was sold at an average price of $348.52, for a total transaction of $1,000,949.44. Following the transaction, the executive vice president directly owned 13,196 shares in the company, valued at approximately $4,599,069.92. This trade represents a 17.87% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.10% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Advocate Investing Services LLC bought a new position in shares of Home Depot during the 4th quarter worth $25,000. Parvin Asset Management LLC raised its holdings 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 in the last quarter. Key Capital Management INC bought a new stake in shares of Home Depot in the fourth quarter valued at about $28,000. Sagard Holdings Management Inc. purchased a new stake in Home Depot in the second quarter worth about $29,000. Finally, Abound Financial LLC purchased a new stake in Home Depot in the fourth quarter worth about $29,000. 70.86% of the stock is currently owned by hedge funds and other institutional investors.

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.