Home Depot’s (HD) “Market Perform” Rating Reiterated at Telsey Advisory Group

Telsey Advisory Group reissued their market perform rating on shares of Home Depot (NYSE:HD) in a research note released on Tuesday morning, Benzinga reports. They currently have a $360.00 target price on the home improvement retailer’s stock. Telsey Advisory Group also issued estimates for Home Depot’s Q4 2025 earnings at $3.21 EPS, FY2025 earnings at $15.30 EPS, Q1 2026 earnings at $3.92 EPS, Q2 2026 earnings at $5.02 EPS, Q3 2026 earnings at $4.18 EPS, Q4 2026 earnings at $3.24 EPS and FY2026 earnings at $16.37 EPS.

Several other analysts have also weighed in on HD. Robert W. Baird reaffirmed an outperform rating and set a $370.00 price objective on shares of Home Depot in a report on Wednesday, February 14th. Wedbush reaffirmed an outperform rating and set a $410.00 price target on shares of Home Depot in a report on Friday, May 10th. Oppenheimer cut Home Depot from an outperform rating to a market perform rating in a report on Monday, January 22nd. DA Davidson reaffirmed a neutral rating and issued a $370.00 price target on shares of Home Depot in a report on Monday, April 1st. Finally, Truist Financial reissued a buy rating and set a $417.00 price objective on shares of Home Depot in a report on Wednesday, April 17th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and nineteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of Moderate Buy and a consensus target price of $374.96.

Home Depot Price Performance

NYSE HD traded down $1.51 on Tuesday, reaching $341.22. The company’s stock had a trading volume of 845,379 shares, compared to its average volume of 3,361,329. Home Depot has a 52 week low of $274.26 and a 52 week high of $396.87. The company has a current ratio of 1.34, a quick ratio of 0.40 and a debt-to-equity ratio of 23.11. The firm has a market cap of $338.16 billion, a PE ratio of 22.93, a price-to-earnings-growth ratio of 2.34 and a beta of 1.01. The business has a 50-day moving average price of $355.47 and a 200 day moving average price of $345.73.

Home Depot (NYSE:HD) last issued its earnings results on Tuesday, May 14th. The home improvement retailer reported $3.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.61 by $0.02. The business had revenue of $36.42 billion during the quarter, compared to analysts’ expectations of $36.65 billion. Home Depot had a return on equity of 1,056.67% and a net margin of 9.79%. Home Depot’s quarterly revenue was down 2.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $3.82 EPS. Sell-side analysts expect that Home Depot will post 15.3 EPS for the current year.

Home Depot Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 13th. Stockholders of record on Thursday, May 30th will be issued a $2.25 dividend. This represents a $9.00 annualized dividend and a dividend yield of 2.64%. Home Depot’s dividend payout ratio (DPR) is presently 60.36%.

Insider Transactions at Home Depot

In other news, EVP Timothy A. Hourigan sold 8,996 shares of the company’s stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $368.74, for a total transaction of $3,317,185.04. Following the completion of the transaction, the executive vice president now directly owns 75,799 shares of the company’s stock, valued at $27,950,123.26. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, EVP Timothy A. Hourigan sold 8,996 shares of the firm’s stock in a transaction on Thursday, February 22nd. The shares were sold at an average price of $368.74, for a total value of $3,317,185.04. Following the completion of the transaction, the executive vice president now owns 75,799 shares of the company’s stock, valued at $27,950,123.26. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Edward P. Decker sold 35,987 shares of the business’s stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $368.63, for a total transaction of $13,265,887.81. Following the sale, the chief executive officer now directly owns 107,731 shares in the company, valued at $39,712,878.53. The disclosure for this sale can be found here. 0.10% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of HD. Kozak & Associates Inc. grew its position in shares of Home Depot by 2.3% in the 1st quarter. Kozak & Associates Inc. now owns 3,023 shares of the home improvement retailer’s stock valued at $1,160,000 after acquiring an additional 68 shares during the period. Montchanin Asset Management LLC bought a new position in Home Depot during the first quarter worth about $4,701,000. New Covenant Trust Company N.A. acquired a new position in Home Depot during the first quarter worth approximately $491,000. Plato Investment Management Ltd raised its stake in Home Depot by 1,482.0% in the first quarter. Plato Investment Management Ltd now owns 20,582 shares of the home improvement retailer’s stock valued at $7,895,000 after buying an additional 19,281 shares during the period. Finally, KLCM Advisors Inc. lifted its holdings in Home Depot by 8.9% during the 1st quarter. KLCM Advisors Inc. now owns 2,443 shares of the home improvement retailer’s stock valued at $937,000 after purchasing an additional 200 shares during the last quarter. 70.86% of the stock is currently owned by institutional investors.

About Home Depot

The Home Depot, Inc operates as a home improvement retailer in the United States and internationally. It sells various building materials, home improvement products, lawn and garden products, and décor products, as well as facilities maintenance, repair, and operations products. The company also offers installation services for flooring, water heaters, bath, garage doors, cabinets, cabinet makeovers, countertops, sheds, furnaces and central air systems, and windows.