Home Depot (NYSE:HD) Given New $450.00 Price Target at UBS Group

Home Depot (NYSE:HD) had its target price upped by UBS Group from $430.00 to $450.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage currently has a “buy” rating on the home improvement retailer’s stock. UBS Group’s price objective points to a potential upside of 19.63% from the company’s current price.

Several other research firms also recently commented on HD. DZ Bank reaffirmed a “sell” rating on shares of Home Depot in a report on Tuesday, November 18th. Piper Sandler dropped their price target on shares of Home Depot from $441.00 to $422.00 and set an “overweight” rating on the stock in a research note on Monday. HSBC cut their price objective on shares of Home Depot from $445.00 to $400.00 and set a “hold” rating for the company in a report on Wednesday, November 19th. Stifel Nicolaus lowered their target price on shares of Home Depot from $370.00 to $350.00 and set a “hold” rating on the stock in a report on Monday, December 1st. Finally, KeyCorp reaffirmed a “sector weight” rating on shares of Home Depot in a report on Wednesday. Twenty-one investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Home Depot presently has a consensus rating of “Moderate Buy” and a consensus price target of $415.80.

Home Depot Stock Performance

Shares of NYSE:HD traded down $8.31 during mid-day trading on Wednesday, reaching $376.17. The company had a trading volume of 3,241,737 shares, compared to its average volume of 4,286,977. Home Depot has a one year low of $326.31 and a one year high of $426.75. The company has a current ratio of 1.05, a quick ratio of 0.29 and a debt-to-equity ratio of 3.82. The company’s 50-day moving average price is $370.27 and its 200-day moving average price is $380.12. The firm has a market cap of $374.48 billion, a price-to-earnings ratio of 25.66, a PEG ratio of 13.49 and a beta of 1.08.

Home Depot (NYSE:HD) last released its earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.52 by $0.20. The business had revenue of $38.20 billion during the quarter, compared to the consensus estimate of $38.01 billion. Home Depot had a return on equity of 160.74% and a net margin of 8.77%.The business’s revenue for the quarter was down 3.8% on a year-over-year basis. During the same period last year, the business posted $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 anticipate that Home Depot will post 15.13 EPS for the current fiscal year.

Insiders Place Their Bets

In other Home Depot news, EVP Angie Brown sold 1,946 shares of the firm’s stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $357.63, for a total value of $695,947.98. Following the sale, the executive vice president owned 3,941 shares of the company’s stock, valued at $1,409,419.83. This trade represents a 33.06% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, 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 value 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. This trade represents a 1.16% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 4,963 shares of company stock worth $1,748,845 in the last ninety days. 0.10% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Home Depot

A number of hedge funds have recently made changes to their positions in HD. Parvin Asset Management LLC lifted its holdings in Home Depot by 110.0% in the third quarter. Parvin Asset Management LLC now owns 63 shares of the home improvement retailer’s stock worth $26,000 after buying an additional 33 shares during the period. Advocate Investing Services LLC purchased a new position in shares of Home Depot in the 4th quarter valued at approximately $25,000. Financially Speaking Inc bought a new stake in shares of Home Depot during the third quarter valued at approximately $31,000. Sagard Holdings Management Inc. purchased a new stake in Home Depot in the second quarter worth $29,000. Finally, Key Capital Management INC purchased a new stake in Home Depot in the fourth quarter worth $28,000. 70.86% of the stock is currently owned by institutional investors.

Home Depot News Roundup

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

• Positive Sentiment: Q4 earnings and revenue beat street estimates (adjusted EPS $2.72; revenue ~$38.2B), giving management and analysts upside confidence. PR Newswire: Home Depot Q4 results
• Positive Sentiment: Board raised the quarterly dividend ~1.3% to $2.33, supporting income-oriented investor demand and long-term investor accumulation narratives. PR Newswire: Dividend announcement
• Neutral Sentiment: Management kept FY2026 guidance that implies modest sales and EPS growth (FY EPS range 14.230–14.799; comps guidance roughly flat to +2%), which removes downside surprise risk but limits upside momentum. PR Newswire: FY2026 guidance
• Neutral Sentiment: Business mix is shifting toward pro/B2B customers (approaching ~50% of revenue), which dampens sensitivity to DIY homeowner weakness but makes growth dependent on professional construction activity. PYMNTS: B2B momentum
• Negative Sentiment: Net sales fell ~3.8% YoY in Q4 and management warned customers are delaying big projects amid affordability concerns — a demand headwind that undermines near-term growth. Retail Insight: Weaker Q4 profit
• Negative Sentiment: Rotation to Lowe’s after its results and guidance reset investor expectations for the category; sector caution (homebuilders, related names) amplified selling pressure on HD. Yahoo Finance: Lowe’s Earnings Beat
• Negative Sentiment: Analyst commentary and some valuation concerns surfaced (mixed reports on premium valuation vs. tepid guidance), prompting profit-taking despite several price-target raises. Benzinga: Analysts boost forecasts

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.