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

Telsey Advisory Group reaffirmed their market perform rating on shares of Home Depot (NYSE:HD) in a report published on Tuesday morning, Benzinga reports. The brokerage currently has a $360.00 target price on the home improvement retailer’s stock. Telsey Advisory Group also issued estimates for Home Depot’s Q3 2025 earnings at $3.61 EPS, Q4 2025 earnings at $2.99 EPS, FY2025 earnings at $14.95 EPS, Q1 2026 earnings at $3.86 EPS, Q2 2026 earnings at $4.90 EPS, Q3 2026 earnings at $4.10 EPS, Q4 2026 earnings at $3.13 EPS and FY2026 earnings at $15.99 EPS.

A number of other equities research analysts also recently weighed in on HD. Stifel Nicolaus raised their target price on shares of Home Depot from $374.00 to $380.00 and gave the company a hold rating in a research note on Monday, July 15th. JPMorgan Chase & Co. raised their target price on shares of Home Depot from $377.00 to $400.00 and gave the company an overweight rating in a research note on Monday, August 5th. Jefferies Financial Group initiated coverage on shares of Home Depot in a research note on Tuesday, July 16th. They issued a buy rating and a $426.00 target price on the stock. HSBC reduced their price target on shares of Home Depot from $323.00 to $318.00 and set a reduce rating on the stock in a research report on Wednesday, May 15th. Finally, Wedbush reiterated an outperform rating and set a $410.00 price target on shares of Home Depot in a research report on Friday, May 10th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and nineteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Home Depot currently has a consensus rating of Moderate Buy and a consensus target price of $384.00.

Home Depot Trading Up 1.2 %

Shares of HD opened at $360.07 on Tuesday. The firm’s 50 day simple moving average is $350.04 and its 200 day simple moving average is $353.21. The company has a market capitalization of $357.05 billion, a P/E ratio of 24.15, a P/E/G ratio of 2.48 and a beta of 0.98. The company has a debt-to-equity ratio of 23.11, a current ratio of 1.34 and a quick ratio of 0.42. Home Depot has a 1-year low of $274.26 and a 1-year high of $396.87.

Home Depot (NYSE:HD) last announced its earnings results on Tuesday, August 13th. The home improvement retailer reported $4.67 earnings per share for the quarter, beating analysts’ consensus estimates of $4.59 by $0.08. The business had revenue of $43.18 billion for the quarter, compared to the consensus estimate of $42.57 billion. Home Depot had a net margin of 9.79% and a return on equity of 1,056.67%. Home Depot’s quarterly revenue was up .6% on a year-over-year basis. During the same period last year, the firm posted $4.65 earnings per share. Sell-side analysts forecast that Home Depot will post 15.28 earnings per share for the current fiscal year.

Home Depot Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 12th. Stockholders of record on Thursday, August 29th will be issued a $2.25 dividend. This represents a $9.00 annualized dividend and a dividend yield of 2.50%. Home Depot’s dividend payout ratio is 60.36%.

Institutional Trading of Home Depot

Several large investors have recently added to or reduced their stakes in HD. Norges Bank bought a new stake in Home Depot in the fourth quarter valued at $4,311,070,000. Wulff Hansen & CO. boosted its holdings in Home Depot by 33,540.9% in the second quarter. Wulff Hansen & CO. now owns 1,478,855 shares of the home improvement retailer’s stock valued at $509,081,000 after acquiring an additional 1,474,459 shares in the last quarter. Alphinity Investment Management Pty Ltd bought a new stake in Home Depot in the first quarter valued at $513,016,000. Jennison Associates LLC boosted its holdings in Home Depot by 38.4% in the fourth quarter. Jennison Associates LLC now owns 4,347,596 shares of the home improvement retailer’s stock valued at $1,506,659,000 after acquiring an additional 1,207,388 shares in the last quarter. Finally, Capital Research Global Investors boosted its holdings in Home Depot by 7.2% in the fourth quarter. Capital Research Global Investors now owns 14,765,587 shares of the home improvement retailer’s stock valued at $5,117,016,000 after acquiring an additional 992,444 shares in the last quarter. Institutional investors own 70.86% of the company’s stock.

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.