Home Depot (NYSE:HD) Given New $391.00 Price Target at BNP Paribas Exane

Home Depot (NYSE:HD) had its price objective raised by BNP Paribas Exane from $355.00 to $391.00 in a research report released on Wednesday morning,MarketScreener reports.

Several other equities analysts also recently weighed in on HD. JPMorgan Chase & Co. reduced their price target on Home Depot from $444.00 to $423.00 and set an “overweight” rating for the company in a report on Wednesday, November 19th. Piper Sandler reduced their price objective on shares of Home Depot from $441.00 to $422.00 and set an “overweight” rating for the company in a research note on Monday. Citigroup lifted their target price on shares of Home Depot from $407.00 to $450.00 and gave the stock a “buy” rating in a report on Thursday, February 12th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Home Depot in a report on Monday, December 29th. Finally, Wells Fargo & Company upped their target price on shares of Home Depot from $395.00 to $420.00 and gave the company an “overweight” rating in a research note on Wednesday. Twenty equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $414.97.

Home Depot Price Performance

HD stock opened at $375.45 on Wednesday. The company has a debt-to-equity ratio of 3.62, a quick ratio of 0.29 and a current ratio of 1.06. The firm has a 50 day moving average price of $370.65 and a 200-day moving average price of $380.09. Home Depot has a 52-week low of $326.31 and a 52-week high of $426.75. The firm has a market capitalization of $373.77 billion, a price-to-earnings ratio of 26.38, a PEG ratio of 13.83 and a beta of 1.08.

Home Depot (NYSE:HD) last posted its quarterly earnings data 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. The company had revenue of $38.20 billion during the quarter, compared to analyst estimates of $38.01 billion. Home Depot had a return on equity of 134.32% and a net margin of 8.60%.The firm’s revenue for the quarter was down 3.8% on a year-over-year basis. During the same quarter last year, the company earned $3.13 EPS. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. Equities research analysts forecast that Home Depot will post 15.13 EPS for the current fiscal year.

Home Depot Increases Dividend

The company also recently announced 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. The ex-dividend date of this dividend is Thursday, March 12th. This is a positive change from Home Depot’s previous quarterly dividend of $2.30. This represents a $9.32 annualized dividend and a yield of 2.5%. Home Depot’s payout ratio is 62.71%.

Insider Activity

In other news, EVP Angie Brown sold 1,946 shares of the business’s stock in a transaction on Friday, December 12th. The shares were sold at an average price of $357.63, for a total transaction of $695,947.98. Following the completion of the sale, the executive vice president owned 3,941 shares of the company’s stock, valued at $1,409,419.83. The trade was a 33.06% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Teresa Wynn Roseborough sold 2,872 shares of the company’s stock in a transaction on Friday, December 26th. The stock was sold at an average price of $348.52, for a total value of $1,000,949.44. Following the completion of the sale, the executive vice president owned 13,196 shares of the company’s stock, valued at $4,599,069.92. This trade represents a 17.87% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 4,963 shares of company stock valued at $1,748,845 in the last quarter. 0.10% of the stock is currently owned by insiders.

Institutional Trading of Home Depot

Hedge funds have recently bought and sold shares of the stock. Advocate Investing Services LLC purchased a new stake in Home Depot in the 4th quarter worth approximately $25,000. Parvin Asset Management LLC lifted its holdings in Home Depot by 110.0% during the third quarter. Parvin Asset Management LLC now owns 63 shares of the home improvement retailer’s stock valued at $26,000 after purchasing an additional 33 shares in the last quarter. Key Capital Management INC bought a new position in shares of Home Depot in the fourth quarter worth approximately $28,000. Sagard Holdings Management Inc. bought a new stake in shares of Home Depot during the 2nd quarter valued at $29,000. Finally, Abound Financial LLC purchased a new position in shares of Home Depot during the 4th quarter valued at $29,000. Institutional investors own 70.86% of the company’s stock.

Key Headlines Impacting Home Depot

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

• Positive Sentiment: Q4 beat on the bottom and top line — Adjusted EPS of $2.72 topped estimates and revenue of $38.2B slightly beat forecasts, showing resilience (positive near‑term earnings surprise). PR Newswire: HD Q4 release
• Positive Sentiment: Dividend raised — Board increased the quarterly dividend to $2.33 (1.3% raise), supporting income investors and signaling confidence in cash flow. Dividend announcement
• Positive Sentiment: Analyst upsides piling up — Multiple firms raised price targets and reiterated buys (e.g., UBS, DA Davidson, Guggenheim, Telsey, Morgan Stanley), giving upward pressure on the stock over the medium term. Benzinga: analyst moves
• Neutral Sentiment: Pro‑customer momentum and mix shift — Home Depot highlighted pro (contractor/B2B) strength and digital growth, a structural positive that partially offsets weak DIY demand but may take time to materially lift comps. PYMNTS: B2B business
• Negative Sentiment: Tepid FY‑2026 guidance and “frozen” housing commentary — Management gave modest sales/EPS growth guidance (comps flat to +2%) and warned customers are deferring big projects, which re‑sets expectations and is the primary reason shares pulled back. Fortune: CEO comments
• Negative Sentiment: Peer caution amplified selling — Lowe’s cautious outlook and mixed retailer commentary renewed category fears (high rates, low housing turnover), triggering profit‑taking across home‑improvement names. QuiverQuant: sector jitters
• Negative Sentiment: Sales decline, margin pressure and valuation questions — Revenue was down 3.8% YoY and some analysts/commentators flagged margin compression and a premium valuation, giving bears ammunition. Seeking Alpha: valuation concerns
• Negative Sentiment: Insider selling and mixed institutional flows noted — Recent insider sales and some big institutional rebalances were flagged in the data feed, which can add short‑term selling pressure. Source: newsfeed data

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.