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Allworth Financial LP lowered its position in The Home Depot, Inc. (NYSE:HD – Free Report) by 2.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 207,716 shares of the home improvement retailer’s stock after selling 5,640 shares during the period. Allworth Financial LP’s holdings in Home Depot were worth $73,257,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Arizona State Retirement System grew its holdings in shares of Home Depot by 1.3% in the 2nd quarter. Arizona State Retirement System now owns 276,374 shares of the home improvement retailer’s stock worth $97,472,000 after acquiring an additional 3,622 shares during the period. Edge Wealth Management LLC increased its stake in Home Depot by 0.4% in the 2nd quarter. Edge Wealth Management LLC now owns 27,779 shares of the home improvement retailer’s stock valued at $9,797,000 after purchasing an additional 115 shares in the last quarter. West Family Investments Inc. raised its holdings in Home Depot by 59.2% during the second quarter. West Family Investments Inc. now owns 3,490 shares of the home improvement retailer’s stock worth $1,231,000 after purchasing an additional 1,298 shares during the last quarter. Empirical Finance LLC raised its holdings in Home Depot by 3.3% during the second quarter. Empirical Finance LLC now owns 36,530 shares of the home improvement retailer’s stock worth $12,883,000 after purchasing an additional 1,164 shares during the last quarter. Finally, Nykredit A S purchased a new stake in Home Depot during the second quarter worth $105,326,000. Hedge funds and other institutional investors own 70.86% of the company’s stock.

Wall Street Analysts Forecast Growth A number of brokerages have recently weighed in on HD. The Goldman Sachs Group dropped their price target on Home Depot from $409.00 to $390.00 and set a “buy” rating for the company in a research report on Wednesday, May 20th. UBS Group decreased their price objective on shares of Home Depot from $430.00 to $420.00 and set a “buy” rating on the stock in a research report on Wednesday, August 19th. JPMorgan Chase & Co. lowered their price objective on shares of Home Depot from $423.00 to $396.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 20th. Morgan Stanley lowered their price objective on shares of Home Depot from $420.00 to $400.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 20th. Finally, Citigroup dropped their target price on shares of Home Depot from $450.00 to $400.00 and set a “buy” rating for the company in a report on Tuesday, May 12th. Eighteen research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Home Depot has an average rating of “Moderate Buy” and an average target price of $375.54.

Read Our Latest Research Report on Home Depot Insider Activity at Home Depot In related news, EVP Michael Rowe sold 710 shares of the company’s stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $336.76, for a total value of $239,099.60. Following the completion of the transaction, the executive vice president directly owned 6,838 shares in the company, valued at approximately $2,302,764.88. This represents a 9.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Richard McPhail sold 5,989 shares of the company’s stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $348.40, for a total transaction of $2,086,567.60. Following the transaction, the chief financial officer directly owned 48,104 shares of the company’s stock, valued at approximately $16,759,433.60. This represents a 11.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 9,154 shares of company stock worth $3,132,798. 0.08% of the stock is currently owned by insiders.

Home Depot Trading Down 2.3% Home Depot stock opened at $313.58 on Wednesday. The stock has a 50-day moving average price of $337.98 and a 200 day moving average price of $335.09. The Home Depot, Inc. has a 52 week low of $289.10 and a 52 week high of $426.75. The stock has a market cap of $312.86 billion, a PE ratio of 21.94, a P/E/G ratio of 3.53 and a beta of 0.95. The company has a current ratio of 1.08, a quick ratio of 0.31 and a debt-to-equity ratio of 2.64.

Home Depot (NYSE:HD – Get Free Report) last posted its quarterly earnings data on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share for the quarter, beating analysts’ consensus estimates of $4.73 by $0.19. Home Depot had a net margin of 8.41% and a return on equity of 106.42%. The business had revenue of $47.86 billion during the quarter, compared to analyst estimates of $47.24 billion. During the same quarter in the previous year, the business posted $4.68 earnings per share. The company’s revenue was up 5.7% on a year-over-year basis. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. Equities research analysts predict that The Home Depot, Inc. will post 15 earnings per share for the current fiscal year.

Home Depot Dividend Announcement The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd will be given a $2.33 dividend. The ex-dividend date of this dividend is Thursday, September 3rd. This represents a $9.32 dividend on an annualized basis and a dividend yield of 3.0%. Home Depot’s payout ratio is currently 65.22%.

Home Depot Profile (Free Report)

The Home Depot, Inc is a home improvement retailer that sells building materials, appliances, decor, hardware, tools, paint, lawn and garden products, and related merchandise. The company serves do-it-yourself customers, professional contractors, homebuilders, and other commercial customers through its retail stores and digital platforms.

Home Depot also provides services such as equipment and tool rental, delivery, installation, and project support. Its professional-focused offerings include job-lot quantities, specialized products, credit services, and account support designed for contractors and other trade customers.

Founded in 1978 by Bernie Marcus, Arthur Blank, Ken Langone, and Pat Farrah, the company is headquartered in Atlanta, Georgia.

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Arizona State Retirement System raised its position in shares of The Home Depot, Inc. (NYSE:HD – Free Report) by 1.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 276,374 shares of the home improvement retailer’s stock after buying an additional 3,622 shares during the period. Arizona State Retirement System’s holdings in Home Depot were worth $97,472,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of HD. Parvin Asset Management LLC grew its position in Home Depot by 110.0% during the 3rd quarter. Parvin Asset Management LLC now owns 63 shares of the home improvement retailer’s stock worth $26,000 after acquiring an additional 33 shares during the last quarter. Zeit Capital LLC acquired a new position in Home Depot in the second quarter worth $26,000. Advocate Investing Services LLC acquired a new position in Home Depot in the fourth quarter worth $25,000. Cache Advisors LLC bought a new stake in shares of Home Depot during the first quarter worth $27,000. Finally, Imprint Wealth LLC acquired a new stake in shares of Home Depot in the third quarter valued at $34,000. Institutional investors own 70.86% of the company’s stock.

Wall Street Analysts Forecast Growth A number of research analysts recently issued reports on the company. HSBC cut their price target on Home Depot from $392.00 to $310.00 and set a “hold” rating for the company in a report on Wednesday, May 20th. Gordon Haskett raised their price objective on shares of Home Depot from $320.00 to $330.00 in a research report on Friday, June 12th. Weiss Ratings raised shares of Home Depot from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, July 7th. Stifel Nicolaus upped their target price on shares of Home Depot from $320.00 to $340.00 and gave the stock a “hold” rating in a research report on Monday, August 17th. Finally, Truist Financial increased their price target on shares of Home Depot from $369.00 to $373.00 and gave the company a “buy” rating in a research note on Wednesday, August 19th. Eighteen research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $375.54.

Check Out Our Latest Analysis on Home Depot Home Depot Trading Down 2.3% Shares of NYSE HD opened at $313.58 on Wednesday. The company’s 50 day simple moving average is $337.98 and its 200 day simple moving average is $335.09. The Home Depot, Inc. has a fifty-two week low of $289.10 and a fifty-two week high of $426.75. The firm has a market capitalization of $312.86 billion, a P/E ratio of 21.94, a P/E/G ratio of 3.53 and a beta of 0.95. The company has a debt-to-equity ratio of 2.64, a current ratio of 1.08 and a quick ratio of 0.31.

Home Depot (NYSE:HD – Get Free Report) last released its earnings results on Tuesday, August 18th. The home improvement retailer reported $4.92 EPS for the quarter, topping analysts’ consensus estimates of $4.73 by $0.19. The firm had revenue of $47.86 billion during the quarter, compared to analyst estimates of $47.24 billion. Home Depot had a net margin of 8.41% and a return on equity of 106.42%. The business’s quarterly revenue was up 5.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $4.68 EPS. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. On average, analysts predict that The Home Depot, Inc. will post 15 EPS for the current year.

Home Depot Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Thursday, September 3rd will be issued a $2.33 dividend. This represents a $9.32 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date is Thursday, September 3rd. Home Depot’s dividend payout ratio is currently 65.22%.

Insider Activity at Home Depot In other Home Depot news, CFO Richard McPhail sold 5,989 shares of the stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $348.40, for a total value of $2,086,567.60. Following the transaction, the chief financial officer owned 48,104 shares of the company’s stock, valued at approximately $16,759,433.60. This represents a 11.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Michael Rowe sold 710 shares of the firm’s stock in a transaction dated Wednesday, August 26th. The stock was sold at an average price of $336.76, for a total value of $239,099.60. Following the transaction, the executive vice president owned 6,838 shares in the company, valued at approximately $2,302,764.88. This trade represents a 9.41% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 9,154 shares of company stock worth $3,132,798. 0.08% of the stock is owned by insiders.

Home Depot Profile (Free Report)

The Home Depot, Inc is a home improvement retailer that sells building materials, appliances, decor, hardware, tools, paint, lawn and garden products, and related merchandise. The company serves do-it-yourself customers, professional contractors, homebuilders, and other commercial customers through its retail stores and digital platforms.

Home Depot also provides services such as equipment and tool rental, delivery, installation, and project support. Its professional-focused offerings include job-lot quantities, specialized products, credit services, and account support designed for contractors and other trade customers.

Founded in 1978 by Bernie Marcus, Arthur Blank, Ken Langone, and Pat Farrah, the company is headquartered in Atlanta, Georgia.

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Key Takeaways Home Depot is expanding fulfillment to speed deliveries, improve availability and reduce customer friction.More than 65% of in-stock parcels arrived same or next day, while Express Delivery offers three-hour service.Big-and-bulky lead times fell about 45%, while next-day appliance coverage reaches nearly 60% of people. The Home Depot, Inc. (HD - Free Report) is strengthening its supply-chain and fulfillment capabilities as it looks to make product delivery faster and more convenient for customers. The company’s investments are increasingly connecting stores, distribution assets and technology, supporting a more efficient interconnected shopping experience.

In the second quarter of fiscal 2026, more than 65% of in-stock parcel deliveries were completed the same day or the next day. Home Depot also launched nationwide Express Delivery, allowing customers to receive tens of thousands of products within three hours. Management noted that the majority of these express orders are currently being delivered in less than one hour.

The company is also improving fulfillment for big and bulky merchandise. Over the past 18 months, delivery lead times for these products have declined roughly 45% in the United States. About 55% of stocked big-and-bulky deliveries are now reaching customers within two days, with faster delivery contributing to improved conversion.

Appliances represent another area of supply-chain expansion. Home Depot has adjusted its model to address rising demand for urgent replacement purchases, stocking select appliances for next-day delivery. This capability now covers key SKUs for nearly 60% of the population, and management said that markets offering the service are generating positive sales performance.

These initiatives suggest that Home Depot is using its broader fulfillment network to reduce delivery times, improve product availability and remove friction. Continued optimization across stores, supply-chain assets and technology could further improve operating efficiency while supporting stronger customer engagement.

How Are Peers Like LOW & FND Managing Supply Chain?Peers like Lowe’s Companies Inc. (LOW - Free Report) and Floor & Decor Holdings, Inc. (FND - Free Report) are also sharpening their supply-chain strategies to improve product availability, accelerate fulfillment and better manage costs across their operations.

Lowe’s is expanding its fulfillment and supply-chain capabilities to improve speed, availability and store productivity. The retailer offers next-day delivery and installation on major appliances in virtually every U.S. ZIP code, while same-day fulfillment continues to gain traction. Lowe’s is also rolling out Freight Flow 3.0 and Full Shelf Replenishment to improve in-stocks, inventory accuracy and truck-to-shelf flow, supporting labor productivity, customer service and a more efficient omnichannel network overall.

Floor & Decor is advancing supply-chain efficiency through tighter inventory management and operational discipline. In the first half of 2026, total inventory inched up 0.7% to $1.1 billion, reflecting progress on working-capital and inventory-productivity initiatives. Management also noted that trucking capacity remains adequate despite higher domestic freight rates. These efforts could help FND improve product flow, contain costs and support scalable growth as it expands stores and omnichannel capabilities.

HD’s Price Performance, Valuation & EstimatesShares of Home Depot have lost 23.5% in the past year versus the industry’s decline of 29.4%.

Image Source: Zacks Investment Research

From a valuation standpoint, HD trades at a forward price-to-earnings ratio of 20.55X compared with the industry’s average of 18.71X.

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for HD’s fiscal 2026 and fiscal 2027 earnings per share (EPS) implies year-over-year growth of 2.1% and 6.9%, respectively. The company’s EPS estimate for fiscal 2026 has been unchanged in the past 30 days. Meanwhile, the consensus estimate for fiscal 2027 EPS has moved down by a penny in the past seven days.

Image Source: Zacks Investment Research

Home Depot currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

B. Metzler seel. Sohn & Co. AG cut its holdings in The Home Depot, Inc. (NYSE:HD – Free Report) by 2.3% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 233,415 shares of the home improvement retailer’s stock after selling 5,418 shares during the quarter. B. Metzler seel. Sohn & Co. AG’s holdings in Home Depot were worth $82,321,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in HD. Brighton Jones LLC boosted its stake in shares of Home Depot by 36.5% during the 4th quarter. Brighton Jones LLC now owns 26,918 shares of the home improvement retailer’s stock worth $10,471,000 after acquiring an additional 7,203 shares during the period. Sivia Capital Partners LLC boosted its position in shares of Home Depot by 7.1% during the 2nd quarter. Sivia Capital Partners LLC now owns 2,598 shares of the home improvement retailer’s stock worth $952,000 after acquiring an additional 173 shares in the last quarter. Schnieders Capital Management LLC. grew its position in Home Depot by 14.1% in the second quarter. Schnieders Capital Management LLC. now owns 11,587 shares of the home improvement retailer’s stock valued at $4,248,000 after acquiring an additional 1,433 shares during the last quarter. Darwin Wealth Management LLC bought a new position in Home Depot during the 2nd quarter worth approximately $1,773,000. Finally, Financial Advisors Network Inc. grew its stake in shares of Home Depot by 11.3% in the 2nd quarter. Financial Advisors Network Inc. now owns 2,368 shares of the home improvement retailer’s stock valued at $868,000 after buying an additional 241 shares during the period. 70.86% of the stock is currently owned by institutional investors and hedge funds.

Home Depot Price Performance Home Depot stock opened at $320.94 on Friday. The Home Depot, Inc. has a 52 week low of $289.10 and a 52 week high of $426.75. The company’s 50 day moving average price is $339.35 and its two-hundred day moving average price is $336.40. The stock has a market cap of $320.20 billion, a P/E ratio of 22.46, a P/E/G ratio of 3.50 and a beta of 0.95. The company has a quick ratio of 0.31, a current ratio of 1.08 and a debt-to-equity ratio of 2.64.

Home Depot (NYSE:HD – Get Free Report) last issued its quarterly earnings results on Tuesday, August 18th. The home improvement retailer reported $4.92 EPS for the quarter, topping analysts’ consensus estimates of $4.73 by $0.19. The business had revenue of $47.86 billion for the quarter, compared to analyst estimates of $47.24 billion. Home Depot had a return on equity of 106.42% and a net margin of 8.41%.Home Depot’s quarterly revenue was up 5.7% compared to the same quarter last year. During the same period last year, the company posted $4.68 earnings per share. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. On average, equities analysts predict that The Home Depot, Inc. will post 15 earnings per share for the current year. Home Depot Announces Dividend The business also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Thursday, September 3rd will be issued a $2.33 dividend. This represents a $9.32 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend is Thursday, September 3rd. Home Depot’s payout ratio is 65.22%.

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

Positive Sentiment: Retail earnings point to a relatively resilient higher-income consumer. Home Depot and Lowe’s reported solid home-improvement sales, suggesting demand for repairs and larger projects remains healthier than spending at some value-oriented retailers. Retail Earnings Just Exposed a Bigger Divide in the U.S. Consumer Economy Positive Sentiment: Analysts at Zacks updated estimates for Home Depot’s fiscal third-quarter earnings, providing a fresh valuation and earnings catalyst following the company’s prior quarterly beat. Home Depot most recently reported earnings of $4.92 per share versus a $4.73 consensus estimate, with revenue also exceeding forecasts. Zacks Research Estimates Home Depot’s Q3 Earnings Neutral Sentiment: The stock’s valuation is near the middle of its peer group, but analysts question whether its operating performance and growth have fallen behind competitors. This creates potential upside if productivity improves, but also limits enthusiasm until growth reaccelerates. The Gap Between HD Stock And Its Own Numbers Negative Sentiment: Mortgage rates recently reached a one-year high following a global bond-market sell-off. Elevated borrowing costs can discourage home purchases, remodeling projects and other large-ticket transactions that drive Home Depot’s sales. Mortgage Rates Just Hit a 1-Year High Negative Sentiment: Some investors view weakness in consumer-focused stocks, including Home Depot, as a warning that middle-income households are under pressure. That macro concern could weigh on discretionary home-improvement spending and the broader retail sector. Wall Street worried about GOP in midterms Negative Sentiment: One market analysis cited Home Depot’s transition to positive free cash flow in the early 2000s as evidence that growth had slowed, reinforcing concerns that the company’s mature business may offer limited expansion compared with faster-growing retailers. Home Depot stock information Insider Buying and Selling In related news, EVP Teresa Roseborough sold 2,455 shares of the firm’s stock in a transaction dated Friday, August 28th. The shares were sold at an average price of $328.77, for a total transaction of $807,130.35. Following the completion of the sale, the executive vice president owned 14,061 shares in the company, valued at approximately $4,622,834.97. This trade represents a 14.86% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Richard McPhail sold 5,989 shares of Home Depot stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $348.40, for a total transaction of $2,086,567.60. Following the completion of the sale, the chief financial officer directly owned 48,104 shares in the company, valued at approximately $16,759,433.60. This represents a 11.07% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 9,154 shares of company stock worth $3,132,798. Insiders own 0.08% of the company’s stock.

Analyst Ratings Changes HD has been the subject of several recent research reports. Wall Street Zen upgraded Home Depot from a “sell” rating to a “hold” rating in a report on Tuesday, June 2nd. JPMorgan Chase & Co. decreased their price target on shares of Home Depot from $423.00 to $396.00 and set an “overweight” rating for the company in a research note on Wednesday, May 20th. HSBC lowered their price objective on shares of Home Depot from $392.00 to $310.00 and set a “hold” rating on the stock in a report on Wednesday, May 20th. Piper Sandler reduced their price objective on shares of Home Depot from $422.00 to $421.00 and set an “overweight” rating for the company in a report on Wednesday, May 20th. Finally, TD Cowen reissued a “buy” rating on shares of Home Depot in a research report on Monday, August 10th. Eighteen investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $375.54.

Check Out Our Latest Stock Analysis on HD

Home Depot Profile (Free Report)

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.

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Denali Advisors LLC reduced its position in shares of The Home Depot, Inc. (NYSE:HD – Free Report) by 71.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,754 shares of the home improvement retailer’s stock after selling 11,891 shares during the period. Denali Advisors LLC’s holdings in Home Depot were worth $1,677,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Curio Wealth LLC increased its stake in shares of Home Depot by 13.5% in the 4th quarter. Curio Wealth LLC now owns 218 shares of the home improvement retailer’s stock valued at $76,000 after purchasing an additional 26 shares during the last quarter. Moneco Advisors LLC lifted its position in shares of Home Depot by 0.3% during the 4th quarter. Moneco Advisors LLC now owns 8,743 shares of the home improvement retailer’s stock worth $3,008,000 after buying an additional 27 shares during the last quarter. Noesis Capital Mangement Corp boosted its stake in Home Depot by 1.5% in the fourth quarter. Noesis Capital Mangement Corp now owns 1,770 shares of the home improvement retailer’s stock valued at $609,000 after buying an additional 27 shares in the last quarter. Eubel Brady & Suttman Asset Management Inc. boosted its stake in Home Depot by 1.3% in the fourth quarter. Eubel Brady & Suttman Asset Management Inc. now owns 2,130 shares of the home improvement retailer’s stock valued at $733,000 after buying an additional 27 shares in the last quarter. Finally, Mill Capital Management LLC grew its position in Home Depot by 0.4% in the fourth quarter. Mill Capital Management LLC now owns 7,377 shares of the home improvement retailer’s stock valued at $2,538,000 after acquiring an additional 27 shares during the last quarter. 70.86% of the stock is currently owned by institutional investors.

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

Positive Sentiment: Home Depot’s professional-customer growth and technology investments could support a recovery. The company has expanded its AI-powered Magic Apron tools across U.S. stores, while one analysis argues the stock may be about 15% undervalued if its Pro business gains momentum. Home Depot Could Be 15% Undervalued on Its Pro Growth Narrative Neutral Sentiment: Zacks Research raised its fiscal 2027 EPS forecast slightly to $15.03 from $14.95, broadly matching the current consensus estimate of $15.00. However, this isolated increase was accompanied by several reductions to later quarterly and annual forecasts. Home Depot Analyst Estimates Neutral Sentiment: Recent operating results remain a support for the shares: Home Depot exceeded quarterly earnings and revenue expectations, with revenue up 5.7% year over year. The key concern is whether that growth can accelerate amid a weak housing environment. Negative Sentiment: Mortgage rates have reached a one-year high following a global bond sell-off. Higher borrowing costs can discourage home purchases, renovations and moves, limiting demand for big-ticket projects at Home Depot and Lowe’s. Mortgage Rates Just Hit a One-Year High Negative Sentiment: Homeowners remain locked into older, cheaper mortgages, and the probability of moving within 12 months has fallen to a record-low 13.5%. Home Depot reportedly sees “no sign” of a housing turnaround, pressuring near-term sales prospects. Americans Stop Moving as Mortgage Lock-In Persists Negative Sentiment: Analysts have cut multiple future EPS estimates, including fiscal 2028 EPS to $16.05 from $16.23 and fiscal 2029 EPS to $17.41 from $17.62. The revisions suggest slower expected growth and weigh on valuation. The Gap Between HD Stock and Its Own Numbers Negative Sentiment: Comparisons with Costco and Lowe’s highlight concerns about Home Depot’s relative performance, dividend coverage and competitive position. Bearish options activity, including a proposed bear put spread, further reflects expectations that the stock could remain under pressure. Home Depot Bear Put Spread Could Return 181 Percent Home Depot Stock Performance Home Depot stock opened at $317.79 on Friday. The business has a 50 day moving average of $339.90 and a 200-day moving average of $336.51. The company has a market capitalization of $317.06 billion, a P/E ratio of 22.24, a P/E/G ratio of 3.51 and a beta of 0.95. The Home Depot, Inc. has a 1 year low of $289.10 and a 1 year high of $426.75. The company has a debt-to-equity ratio of 2.64, a current ratio of 1.08 and a quick ratio of 0.31. Home Depot (NYSE:HD – Get Free Report) last posted its earnings results on Tuesday, August 18th. The home improvement retailer reported $4.92 EPS for the quarter, topping the consensus estimate of $4.73 by $0.19. Home Depot had a net margin of 8.41% and a return on equity of 106.42%. The business had revenue of $47.86 billion for the quarter, compared to the consensus estimate of $47.24 billion. During the same period last year, the company earned $4.68 EPS. The firm’s revenue was up 5.7% compared to the same quarter last year. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. On average, equities research analysts predict that The Home Depot, Inc. will post 15 earnings per share for the current year.

Home Depot Announces Dividend The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd will be issued a dividend of $2.33 per share. This represents a $9.32 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date is Thursday, September 3rd. Home Depot’s payout ratio is 65.22%.

Analyst Ratings Changes Several research analysts have commented on the company. Piper Sandler lowered their target price on Home Depot from $422.00 to $421.00 and set an “overweight” rating for the company in a research note on Wednesday, May 20th. Citigroup lowered their price objective on shares of Home Depot from $450.00 to $400.00 and set a “buy” rating for the company in a research report on Tuesday, May 12th. Weiss Ratings raised shares of Home Depot from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, July 7th. Telsey Advisory Group dropped their price objective on shares of Home Depot from $435.00 to $410.00 and set an “outperform” rating for the company in a research note on Wednesday, May 20th. Finally, TD Cowen restated a “buy” rating on shares of Home Depot in a research report on Monday, August 10th. Eighteen equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $375.54.

Get Our Latest Report on HD

Insider Buying and Selling In other Home Depot news, EVP Teresa Roseborough sold 2,455 shares of Home Depot stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $328.77, for a total transaction of $807,130.35. Following the transaction, the executive vice president directly owned 14,061 shares of the company’s stock, valued at approximately $4,622,834.97. The trade was a 14.86% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Michael F. Rowe sold 710 shares of the company’s stock in a transaction dated Wednesday, August 26th. The shares were sold at an average price of $336.76, for a total value of $239,099.60. Following the completion of the sale, the executive vice president owned 6,838 shares in the company, valued at $2,302,764.88. This trade represents a 9.41% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 9,154 shares of company stock valued at $3,132,798 over the last 90 days. 0.08% of the stock is owned by insiders.

Home Depot Profile (Free Report)

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.

See Also Five stocks we like better than Home Depot The Path to $230 Billion: Broadcom Outlines the Next Phase of Its AI Growth Story NVIDIA’s Hugging Face Deal Raises a Bigger Question About Its AI Moat Now Dropping the Dough: Yum! Brands Strategically Trims the Fat These 3 Stock Charts Just Flashed the Dreaded Death Cross Pattern Want to see what other hedge funds are holding HD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Home Depot, Inc. (NYSE:HD – Free Report).

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Archer Investment Corp acquired a new stake in The Home Depot, Inc. (NYSE:HD – Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 5,552 shares of the home improvement retailer’s stock, valued at approximately $1,958,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Bank of Nova Scotia acquired a new position in Home Depot during the second quarter worth about $118,723,000. Gator Capital Management LLC bought a new position in shares of Home Depot during the 4th quarter valued at about $3,693,000. AFT Forsyth & Company Inc. bought a new position in shares of Home Depot during the 2nd quarter valued at about $1,896,000. King Luther Capital Management Corp grew its stake in shares of Home Depot by 0.6% in the 4th quarter. King Luther Capital Management Corp now owns 1,240,478 shares of the home improvement retailer’s stock worth $426,848,000 after purchasing an additional 7,180 shares during the last quarter. Finally, E Fund Management Co. Ltd. acquired a new stake in Home Depot during the second quarter valued at approximately $3,915,000. Institutional investors and hedge funds own 70.86% of the company’s stock.

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

Positive Sentiment: Home Depot’s AI-powered Magic Apron tools are now available across U.S. stores, providing localized product search and project assistance. The technology could improve customer engagement and support the company’s professional-customer growth strategy. Home Depot Could Be 15% Undervalued On Its Pro Growth Narrative Positive Sentiment: Zacks Research modestly raised its fiscal 2027 EPS forecast for HD to $15.03 from $14.95, while analysts continue to project earnings growth through fiscal 2029. The company also recently exceeded quarterly EPS and revenue expectations, offering some fundamental support. Home Depot Faces Weak DIY Demand Positive Sentiment: A regional competitor, Earl May, reportedly plans to close roughly one-quarter of its stores. While the impact is likely limited, store closures could reduce competition in some local markets. Earl May Closing Stores Insider Activity In related news, EVP Teresa Wynn Roseborough sold 2,455 shares of the stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $328.77, for a total value of $807,130.35. Following the transaction, the executive vice president owned 14,061 shares in the company, valued at approximately $4,622,834.97. This represents a 14.86% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Michael F. Rowe sold 710 shares of the stock in a transaction that occurred on Wednesday, August 26th. The stock was sold at an average price of $336.76, for a total value of $239,099.60. Following the completion of the transaction, the executive vice president owned 6,838 shares in the company, valued at $2,302,764.88. This represents a 9.41% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 9,154 shares of company stock worth $3,132,798 in the last three months. 0.08% of the stock is owned by insiders. Analysts Set New Price Targets A number of analysts recently weighed in on the stock. Weiss Ratings upgraded shares of Home Depot from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, July 7th. Wall Street Zen raised Home Depot from a “sell” rating to a “hold” rating in a report on Tuesday, June 2nd. Royal Bank Of Canada reduced their target price on Home Depot from $343.00 to $342.00 and set a “sector perform” rating for the company in a report on Wednesday, August 19th. Sanford C. Bernstein reiterated a “market perform” rating and issued a $354.00 price target on shares of Home Depot in a research report on Wednesday, August 19th. Finally, Piper Sandler dropped their price target on Home Depot from $422.00 to $421.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 20th. Eighteen equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $375.54.

Read Our Latest Stock Analysis on HD

Home Depot Price Performance NYSE HD opened at $318.63 on Thursday. The company has a 50 day simple moving average of $340.43 and a 200-day simple moving average of $337.03. The company has a debt-to-equity ratio of 2.64, a current ratio of 1.08 and a quick ratio of 0.31. The firm has a market capitalization of $317.89 billion, a price-to-earnings ratio of 22.30, a price-to-earnings-growth ratio of 3.52 and a beta of 0.95. The Home Depot, Inc. has a 52-week low of $289.10 and a 52-week high of $426.75.

Home Depot (NYSE:HD – Get Free Report) last announced its quarterly earnings data on Tuesday, August 18th. The home improvement retailer reported $4.92 EPS for the quarter, beating analysts’ consensus estimates of $4.73 by $0.19. Home Depot had a net margin of 8.41% and a return on equity of 106.42%. The firm had revenue of $47.86 billion for the quarter, compared to the consensus estimate of $47.24 billion. During the same period in the previous year, the firm posted $4.68 earnings per share. The firm’s revenue was up 5.7% on a year-over-year basis. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. Equities research analysts predict that The Home Depot, Inc. will post 15 earnings per share for the current fiscal year.

Home Depot Dividend Announcement The company also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd will be paid a dividend of $2.33 per share. The ex-dividend date of this dividend is Thursday, September 3rd. This represents a $9.32 dividend on an annualized basis and a dividend yield of 2.9%. Home Depot’s dividend payout ratio (DPR) is 65.22%.

About Home Depot (Free Report)

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.

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Key Takeaways Home Depot's DIY demand stayed soft in Q2'26 as cautious consumers deferred larger projects.Housing affordability, low turnover and consumer uncertainty continue to pressure bigger improvement jobs.Online sales rose 11% y/y, while 13 of 16 merchandising departments posted positive comps in the quarter. The Home Depot Inc.’s (HD - Free Report) do-it-yourself (“DIY”) business remains under pressure as cautious consumers continue to defer larger discretionary home-improvement projects. In the second quarter of fiscal 2026, management noted that Pro customers posted positive comps and outperformed DIY, underscoring the relative softness among DIY shoppers. While DIY demand was healthy across several spring-related categories, including live goods, mulch, soils, hardscapes, storage, patio and grills, larger discretionary projects remained challenged.

The weakness largely reflects an unfavorable housing and consumer backdrop. Management highlighted continued consumer uncertainty and housing affordability pressures, which are weighing on the demand for bigger home-improvement projects. Housing turnover also remains near historically low levels, with management noting no clear sign of an inflection point despite some improvement when interest rates ease.

However, the situation does not appear alarming. Customers continue to engage in smaller repair and maintenance projects, while 13 of Home Depot’s 16 merchandising departments generated positive comps during the quarter. Big-ticket transactions above $1,000 also rose 2.4% year over year, although broader discretionary projects stayed pressured.

Home Depot continues to gain traction through stronger digital engagement, faster delivery and improving in-store execution. Online sales advanced 11% in the quarter, marking the fifth consecutive quarter of double-digit growth. With management reaffirming its fiscal 2026 comparable-sales guidance of flat to 2% growth, weak DIY demand remains a near-term headwind, but broad category strength and continued market-share gains provide some offset.

How Are Peers Like LOW & WSM Catching Up?Peers such as Lowe’s Companies Inc. (LOW - Free Report) and Williams-Sonoma Inc. (WSM - Free Report) are intensifying competition through targeted investments in digital capabilities, customer engagement and differentiated product offerings.

Lowe’s continues to face soft DIY demand as cautious homeowners limit discretionary spending amid elevated rates, inflation, fuel costs and broader economic uncertainty. Management noted that customers are prioritizing repair and maintenance projects over larger remodeling jobs, pressuring transactions. Still, the weakness appears manageable, with Pro, Online and Home Services providing offsets, while five consecutive quarters of positive comps and expectations for eventual housing recovery support confidence in longer-term demand.

Williams-Sonoma continues to navigate a pressured housing backdrop and macro uncertainty, factors that can weigh on discretionary home-furnishings demand. Yet, current results suggest limited cause for concern. Second-quarter fiscal 2026 comparable brand revenues rose 6.2%, with every brand delivering growth, while management said that it gained market share and outperformed the industry. The company also raised its fiscal 2026 outlook, signaling confidence that strong execution can offset softer housing-related demand trends.

HD’s Price Performance, Valuation & EstimatesShares of Home Depot have lost 19.3% in the past year versus the industry’s decline of 24.9%.

Image Source: Zacks Investment Research

From a valuation standpoint, HD trades at a forward price-to-earnings ratio of 21X compared with the industry’s average of 19.17X.

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for HD’s fiscal 2026 and fiscal 2027 earnings per share (EPS) implies year-over-year growth of 2.1% and 7%, respectively. The company’s EPS estimate for fiscal 2026 has moved up by a penny in the past seven days. Meanwhile, the consensus estimate for fiscal 2027 EPS has moved down 0.1% in the past seven days.

Image Source: Zacks Investment Research

Home Depot stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Birmingham Capital Management Co. Inc. AL bought a new position in shares of The Home Depot, Inc. (NYSE:HD – Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 2,000 shares of the home improvement retailer’s stock, valued at approximately $705,000.

Other large investors also recently bought and sold shares of the company. Blodgett Wealth Advisors LLC acquired a new stake in shares of Home Depot during the 2nd quarter valued at about $1,923,000. Bontempo Ohly Capital Mgmt LLC acquired a new position in Home Depot in the 2nd quarter valued at $3,024,000. Magnolia Capital Advisors LLC acquired a new stake in shares of Home Depot in the second quarter valued at about $3,508,000. Caisse de depot et placement du Quebec purchased a new position in Home Depot in the 2nd quarter worth approximately $163,624,000. Finally, Pointe Capital Management LLC purchased a new position in Home Depot during the second quarter worth approximately $299,000. 70.86% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets In other news, EVP Michael F. Rowe sold 710 shares of the firm’s stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $336.76, for a total value of $239,099.60. Following the completion of the transaction, the executive vice president owned 6,838 shares in the company, valued at $2,302,764.88. This trade represents a 9.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Teresa Wynn Roseborough sold 2,455 shares of the stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $328.77, for a total transaction of $807,130.35. Following the completion of the sale, the executive vice president owned 14,061 shares in the company, valued at $4,622,834.97. This represents a 14.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 9,154 shares of company stock worth $3,132,798. 0.08% of the stock is owned by company insiders.

Analysts Set New Price Targets A number of equities analysts have commented on the stock. KeyCorp reaffirmed a “sector weight” rating on shares of Home Depot in a research note on Wednesday, August 19th. Wolfe Research downgraded Home Depot from an “outperform” rating to a “peer perform” rating in a research report on Tuesday, June 23rd. JPMorgan Chase & Co. dropped their price target on shares of Home Depot from $423.00 to $396.00 and set an “overweight” rating for the company in a research note on Wednesday, May 20th. Weiss Ratings upgraded shares of Home Depot from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, July 7th. Finally, Mizuho raised their price target on Home Depot from $385.00 to $390.00 and gave the company an “outperform” rating in a research note on Wednesday, August 19th. Eighteen equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $375.54. View Our Latest Stock Analysis on HD

Home Depot Price Performance Shares of NYSE HD opened at $328.52 on Tuesday. The company has a market cap of $327.76 billion, a PE ratio of 22.99, a P/E/G ratio of 3.64 and a beta of 0.95. The stock has a fifty day moving average price of $341.00 and a 200 day moving average price of $338.03. The company has a debt-to-equity ratio of 2.64, a current ratio of 1.08 and a quick ratio of 0.31. The Home Depot, Inc. has a 1-year low of $289.10 and a 1-year high of $426.75.

Home Depot (NYSE:HD – Get Free Report) last issued its quarterly earnings results on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.73 by $0.19. Home Depot had a net margin of 8.41% and a return on equity of 106.42%. The business had revenue of $47.86 billion for the quarter, compared to analyst estimates of $47.24 billion. During the same period in the previous year, the business posted $4.68 earnings per share. The business’s revenue was up 5.7% compared to the same quarter last year. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. Sell-side analysts forecast that The Home Depot, Inc. will post 15 EPS for the current year.

Home Depot Dividend Announcement The business also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd will be paid a dividend of $2.33 per share. The ex-dividend date of this dividend is Thursday, September 3rd. This represents a $9.32 dividend on an annualized basis and a dividend yield of 2.8%. Home Depot’s dividend payout ratio is 65.22%.

Home Depot Company Profile (Free Report)

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.

Further Reading Five stocks we like better than Home Depot Securing AI: 5 Most-Upgraded Stocks From the Q2 Reporting Season Insiders Are Betting Big on These 3 Healthcare Stocks 3 Stocks for Investors Who Still Believe Cash Is King Dollar General and Dollar Tree Are Recovering, But Not for the Same Reason Want to see what other hedge funds are holding HD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Home Depot, Inc. (NYSE:HD – Free Report).

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Castleark Management LLC acquired a new position in shares of The Home Depot, Inc. (NYSE:HD – Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 11,590 shares of the home improvement retailer’s stock, valued at approximately $4,088,000.

Other large investors have also bought and sold shares of the company. Curio Wealth LLC lifted its holdings in shares of Home Depot by 13.5% in the fourth quarter. Curio Wealth LLC now owns 218 shares of the home improvement retailer’s stock worth $76,000 after acquiring an additional 26 shares during the last quarter. Moneco Advisors LLC grew its holdings in shares of Home Depot by 0.3% during the 4th quarter. Moneco Advisors LLC now owns 8,743 shares of the home improvement retailer’s stock valued at $3,008,000 after purchasing an additional 27 shares during the last quarter. Noesis Capital Mangement Corp grew its holdings in shares of Home Depot by 1.5% during the 4th quarter. Noesis Capital Mangement Corp now owns 1,770 shares of the home improvement retailer’s stock valued at $609,000 after purchasing an additional 27 shares during the last quarter. Eubel Brady & Suttman Asset Management Inc. increased its position in Home Depot by 1.3% during the 4th quarter. Eubel Brady & Suttman Asset Management Inc. now owns 2,130 shares of the home improvement retailer’s stock worth $733,000 after purchasing an additional 27 shares in the last quarter. Finally, Mill Capital Management LLC increased its position in Home Depot by 0.4% during the 4th quarter. Mill Capital Management LLC now owns 7,377 shares of the home improvement retailer’s stock worth $2,538,000 after purchasing an additional 27 shares in the last quarter. 70.86% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth A number of analysts have weighed in on the stock. Piper Sandler cut their target price on shares of Home Depot from $422.00 to $421.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 20th. TD Cowen reiterated a “buy” rating on shares of Home Depot in a report on Monday, August 10th. Robert W. Baird dropped their price target on Home Depot from $430.00 to $380.00 and set an “outperform” rating for the company in a research note on Wednesday, May 20th. Stifel Nicolaus raised their price objective on Home Depot from $320.00 to $340.00 and gave the company a “hold” rating in a report on Monday, August 17th. Finally, Evercore cut their price objective on Home Depot from $415.00 to $400.00 and set an “outperform” rating on the stock in a report on Wednesday, May 20th. Eighteen investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $375.54.

Check Out Our Latest Report on Home Depot Home Depot Trading Down 0.5% Shares of NYSE HD opened at $328.52 on Tuesday. The firm has a 50 day moving average price of $341.00 and a two-hundred day moving average price of $338.03. The stock has a market cap of $327.76 billion, a P/E ratio of 22.99, a price-to-earnings-growth ratio of 3.64 and a beta of 0.95. The Home Depot, Inc. has a 52-week low of $289.10 and a 52-week high of $426.75. The company has a debt-to-equity ratio of 2.64, a quick ratio of 0.31 and a current ratio of 1.08.

Home Depot (NYSE:HD – Get Free Report) last issued its quarterly earnings results on Tuesday, August 18th. The home improvement retailer reported $4.92 EPS for the quarter, topping analysts’ consensus estimates of $4.73 by $0.19. Home Depot had a net margin of 8.41% and a return on equity of 106.42%. The company had revenue of $47.86 billion for the quarter, compared to analyst estimates of $47.24 billion. During the same quarter in the previous year, the business earned $4.68 earnings per share. Home Depot’s revenue was up 5.7% compared to the same quarter last year. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. As a group, equities analysts forecast that The Home Depot, Inc. will post 15 EPS for the current year.

Home Depot Dividend Announcement The business also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Thursday, September 3rd will be issued a dividend of $2.33 per share. The ex-dividend date of this dividend is Thursday, September 3rd. This represents a $9.32 annualized dividend and a yield of 2.8%. Home Depot’s payout ratio is presently 65.22%.

Insiders Place Their Bets In other Home Depot news, CFO Richard V. Mcphail sold 5,989 shares of the company’s stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $348.40, for a total value of $2,086,567.60. Following the sale, the chief financial officer owned 48,104 shares in the company, valued at approximately $16,759,433.60. The trade was a 11.07% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Michael F. Rowe sold 710 shares of the stock in a transaction dated Wednesday, August 26th. The shares were sold at an average price of $336.76, for a total value of $239,099.60. Following the completion of the sale, the executive vice president directly owned 6,838 shares of the company’s stock, valued at approximately $2,302,764.88. The trade was a 9.41% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 9,154 shares of company stock valued at $3,132,798. 0.08% of the stock is currently owned by company insiders.

Home Depot Company Profile (Free Report)

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.

Read More Five stocks we like better than Home Depot Securing AI: 5 Most-Upgraded Stocks From the Q2 Reporting Season Insiders Are Betting Big on These 3 Healthcare Stocks 3 Stocks for Investors Who Still Believe Cash Is King Dollar General and Dollar Tree Are Recovering, But Not for the Same Reason

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Ancora Advisors LLC bought a new position in The Home Depot, Inc. (NYSE:HD – Free Report) during the second quarter, according to its most recent Form 13F filing with the SEC. The firm bought 102,289 shares of the home improvement retailer’s stock, valued at approximately $36,075,000. Home Depot makes up approximately 0.7% of Ancora Advisors LLC’s investment portfolio, making the stock its 29th biggest position.

Several other institutional investors and hedge funds have also made changes to their positions in HD. BlackRock Inc. purchased a new stake in shares of Home Depot during the 2nd quarter valued at approximately $28,771,247,000. State Street Corp grew its position in Home Depot by 1.8% in the fourth quarter. State Street Corp now owns 46,925,342 shares of the home improvement retailer’s stock worth $16,147,010,000 after acquiring an additional 825,164 shares during the period. Geode Capital Management LLC grew its position in Home Depot by 1.5% in the fourth quarter. Geode Capital Management LLC now owns 23,756,142 shares of the home improvement retailer’s stock worth $8,151,344,000 after acquiring an additional 343,153 shares during the period. Bank of America Corp DE increased its stake in Home Depot by 1.6% during the first quarter. Bank of America Corp DE now owns 16,314,357 shares of the home improvement retailer’s stock worth $5,365,629,000 after acquiring an additional 250,825 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in Home Depot by 7.8% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 15,471,132 shares of the home improvement retailer’s stock worth $5,323,620,000 after acquiring an additional 1,113,114 shares during the last quarter. 70.86% of the stock is currently owned by institutional investors and hedge funds.

Home Depot Price Performance HD opened at $328.52 on Tuesday. The stock’s 50-day moving average price is $341.00 and its 200 day moving average price is $338.03. The Home Depot, Inc. has a 12-month low of $289.10 and a 12-month high of $426.75. The firm has a market cap of $327.76 billion, a price-to-earnings ratio of 22.99, a PEG ratio of 3.64 and a beta of 0.95. The company has a current ratio of 1.08, a quick ratio of 0.31 and a debt-to-equity ratio of 2.64.

Home Depot (NYSE:HD – Get Free Report) last released its earnings results on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share for the quarter, beating the consensus estimate of $4.73 by $0.19. Home Depot had a return on equity of 106.42% and a net margin of 8.41%.The company had revenue of $47.86 billion during the quarter, compared to the consensus estimate of $47.24 billion. During the same period in the previous year, the company posted $4.68 EPS. Home Depot’s revenue was up 5.7% compared to the same quarter last year. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. As a group, sell-side analysts expect that The Home Depot, Inc. will post 15 earnings per share for the current year. Home Depot Announces Dividend The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd will be paid a $2.33 dividend. This represents a $9.32 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Thursday, September 3rd. Home Depot’s dividend payout ratio (DPR) is presently 65.22%.

Insider Activity In related news, EVP Michael F. Rowe sold 710 shares of Home Depot stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $336.76, for a total value of $239,099.60. Following the completion of the transaction, the executive vice president directly owned 6,838 shares in the company, valued at approximately $2,302,764.88. This trade represents a 9.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Teresa Wynn Roseborough sold 2,455 shares of the company’s stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $328.77, for a total value of $807,130.35. Following the sale, the executive vice president owned 14,061 shares in the company, valued at approximately $4,622,834.97. This trade represents a 14.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 9,154 shares of company stock worth $3,132,798. Corporate insiders own 0.08% of the company’s stock.

Analyst Upgrades and Downgrades HD has been the topic of several recent analyst reports. TD Cowen reaffirmed a “buy” rating on shares of Home Depot in a research note on Monday, August 10th. UBS Group cut their price objective on Home Depot from $430.00 to $420.00 and set a “buy” rating for the company in a research report on Wednesday, August 19th. Robert W. Baird reduced their price objective on shares of Home Depot from $430.00 to $380.00 and set an “outperform” rating on the stock in a report on Wednesday, May 20th. Mizuho increased their target price on shares of Home Depot from $385.00 to $390.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 19th. Finally, Wall Street Zen raised shares of Home Depot from a “sell” rating to a “hold” rating in a research note on Tuesday, June 2nd. Eighteen research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Home Depot presently has a consensus rating of “Moderate Buy” and a consensus target price of $375.54.

Check Out Our Latest Stock Analysis on Home Depot

Home Depot Profile (Free Report)

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.

Further Reading Five stocks we like better than Home Depot Securing AI: 5 Most-Upgraded Stocks From the Q2 Reporting Season Insiders Are Betting Big on These 3 Healthcare Stocks 3 Stocks for Investors Who Still Believe Cash Is King Dollar General and Dollar Tree Are Recovering, But Not for the Same Reason

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AFT Forsyth & Company Inc. bought a new stake in shares of The Home Depot, Inc. (NYSE:HD – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 5,377 shares of the home improvement retailer’s stock, valued at approximately $1,896,000. Home Depot makes up 0.9% of AFT Forsyth & Company Inc.’s holdings, making the stock its 18th biggest position.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Brighton Jones LLC raised its position in shares of Home Depot by 36.5% during the fourth quarter. Brighton Jones LLC now owns 26,918 shares of the home improvement retailer’s stock worth $10,471,000 after purchasing an additional 7,203 shares during the period. Sivia Capital Partners LLC increased its stake in Home Depot by 7.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 2,598 shares of the home improvement retailer’s stock worth $952,000 after purchasing an additional 173 shares in the last quarter. Schnieders Capital Management LLC. increased its stake in Home Depot by 14.1% in the 2nd quarter. Schnieders Capital Management LLC. now owns 11,587 shares of the home improvement retailer’s stock worth $4,248,000 after purchasing an additional 1,433 shares in the last quarter. Darwin Wealth Management LLC acquired a new stake in Home Depot during the 2nd quarter worth about $1,773,000. Finally, Financial Advisors Network Inc. raised its holdings in Home Depot by 11.3% during the 2nd quarter. Financial Advisors Network Inc. now owns 2,368 shares of the home improvement retailer’s stock worth $868,000 after buying an additional 241 shares during the period. 70.86% of the stock is currently owned by institutional investors.

Analyst Ratings Changes Several research analysts have recently weighed in on the stock. Argus reissued a “buy” rating and issued a $400.00 target price on shares of Home Depot in a research report on Wednesday, August 19th. Royal Bank Of Canada decreased their price objective on shares of Home Depot from $343.00 to $342.00 and set a “sector perform” rating for the company in a research note on Wednesday, August 19th. The Goldman Sachs Group lowered their price objective on shares of Home Depot from $409.00 to $390.00 and set a “buy” rating on the stock in a research report on Wednesday, May 20th. Telsey Advisory Group cut their target price on shares of Home Depot from $435.00 to $410.00 and set an “outperform” rating on the stock in a research note on Wednesday, May 20th. Finally, Piper Sandler reduced their target price on Home Depot from $422.00 to $421.00 and set an “overweight” rating for the company in a report on Wednesday, May 20th. Eighteen equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $375.54.

View Our Latest Research Report on HD Home Depot Stock Down 0.5% HD opened at $328.52 on Tuesday. The Home Depot, Inc. has a fifty-two week low of $289.10 and a fifty-two week high of $426.75. The business has a 50-day moving average of $341.00 and a 200-day moving average of $338.03. The company has a debt-to-equity ratio of 2.64, a current ratio of 1.08 and a quick ratio of 0.31. The company has a market capitalization of $327.76 billion, a PE ratio of 22.99, a price-to-earnings-growth ratio of 3.64 and a beta of 0.95.

Home Depot (NYSE:HD – Get Free Report) last posted its earnings results on Tuesday, August 18th. The home improvement retailer reported $4.92 EPS for the quarter, topping the consensus estimate of $4.73 by $0.19. The company had revenue of $47.86 billion during the quarter, compared to the consensus estimate of $47.24 billion. Home Depot had a net margin of 8.41% and a return on equity of 106.42%. The company’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $4.68 earnings per share. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. Equities research analysts forecast that The Home Depot, Inc. will post 15 EPS for the current fiscal year.

Home Depot Dividend Announcement The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd will be paid a $2.33 dividend. The ex-dividend date is Thursday, September 3rd. This represents a $9.32 dividend on an annualized basis and a dividend yield of 2.8%. Home Depot’s payout ratio is presently 65.22%.

Insider Transactions at Home Depot In other news, EVP Michael F. Rowe sold 710 shares of the company’s stock in a transaction dated Wednesday, August 26th. The shares were sold at an average price of $336.76, for a total transaction of $239,099.60. Following the completion of the transaction, the executive vice president owned 6,838 shares of the company’s stock, valued at approximately $2,302,764.88. This represents a 9.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Teresa Wynn Roseborough sold 2,455 shares of the company’s stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $328.77, for a total value of $807,130.35. Following the completion of the transaction, the executive vice president directly owned 14,061 shares of the company’s stock, valued at approximately $4,622,834.97. This trade represents a 14.86% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 9,154 shares of company stock worth $3,132,798. Company insiders own 0.08% of the company’s stock.

Home Depot Profile (Free Report)

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.

See Also Five stocks we like better than Home Depot Securing AI: 5 Most-Upgraded Stocks From the Q2 Reporting Season Insiders Are Betting Big on These 3 Healthcare Stocks 3 Stocks for Investors Who Still Believe Cash Is King Dollar General and Dollar Tree Are Recovering, But Not for the Same Reason

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Asset One Wealth Management LLC acquired a new position in shares of The Home Depot, Inc. (NYSE:HD – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 15,932 shares of the home improvement retailer’s stock, valued at approximately $5,440,000.

Several other large investors have also modified their holdings of HD. Curio Wealth LLC boosted its stake in shares of Home Depot by 13.5% during the fourth quarter. Curio Wealth LLC now owns 218 shares of the home improvement retailer’s stock worth $76,000 after buying an additional 26 shares during the period. Moneco Advisors LLC raised its position in Home Depot by 0.3% during the 4th quarter. Moneco Advisors LLC now owns 8,743 shares of the home improvement retailer’s stock worth $3,008,000 after buying an additional 27 shares during the last quarter. Noesis Capital Mangement Corp raised its position in Home Depot by 1.5% during the 4th quarter. Noesis Capital Mangement Corp now owns 1,770 shares of the home improvement retailer’s stock worth $609,000 after buying an additional 27 shares during the last quarter. Eubel Brady & Suttman Asset Management Inc. lifted its stake in shares of Home Depot by 1.3% in the 4th quarter. Eubel Brady & Suttman Asset Management Inc. now owns 2,130 shares of the home improvement retailer’s stock worth $733,000 after acquiring an additional 27 shares during the period. Finally, Mill Capital Management LLC boosted its holdings in shares of Home Depot by 0.4% in the fourth quarter. Mill Capital Management LLC now owns 7,377 shares of the home improvement retailer’s stock valued at $2,538,000 after acquiring an additional 27 shares in the last quarter. 70.86% of the stock is owned by institutional investors and hedge funds.

Home Depot Price Performance HD opened at $329.80 on Monday. The Home Depot, Inc. has a 52-week low of $289.10 and a 52-week high of $426.75. The company has a market cap of $329.04 billion, a P/E ratio of 23.08, a P/E/G ratio of 3.64 and a beta of 0.95. The company has a quick ratio of 0.31, a current ratio of 1.08 and a debt-to-equity ratio of 2.64. The company has a 50 day moving average of $340.97 and a two-hundred day moving average of $338.46.

Home Depot (NYSE:HD – Get Free Report) last issued its quarterly earnings data on Tuesday, August 18th. The home improvement retailer reported $4.92 EPS for the quarter, topping analysts’ consensus estimates of $4.73 by $0.19. The company had revenue of $47.86 billion for the quarter, compared to analysts’ expectations of $47.24 billion. Home Depot had a return on equity of 106.42% and a net margin of 8.41%.The firm’s quarterly revenue was up 5.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $4.68 earnings per share. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. On average, analysts expect that The Home Depot, Inc. will post 15 earnings per share for the current year. Home Depot Announces Dividend The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd will be paid a dividend of $2.33 per share. The ex-dividend date is Thursday, September 3rd. This represents a $9.32 annualized dividend and a dividend yield of 2.8%. Home Depot’s dividend payout ratio (DPR) is currently 65.22%.

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

Positive Sentiment: Home Depot reported fiscal second-quarter sales of $47.86 billion, up 5.7% year over year and its strongest comparable-sales growth since 2022. Adjusted earnings of $4.92 per share exceeded the $4.73 analyst consensus, reinforcing the view that the retailer’s turnaround is gaining traction. The Home Depot Posts Record Sales Growth Amid CEO Leave Positive Sentiment: The company expanded its Magic Apron AI shopping assistant to every U.S. store. The tool provides localized product information, project guidance and store navigation through text, voice, images and multiple languages. Its potential to improve customer service, employee productivity and conversion rates supports the long-term growth narrative. The Home Depot Expands Magic Apron Neutral Sentiment: Analysts and recent commentary see significant upside if housing and remodeling demand recover, with Home Depot’s scale and professional-customer base viewed as competitive advantages. However, the stock remains below its 50-day and 200-day moving averages, indicating that investors have not fully embraced the turnaround thesis. Home Depot Turnaround Could Be Bigger Than Investors Expect Neutral Sentiment: Although Home Depot beat quarterly estimates, a reported $685 million tariff refund may have boosted results. Investors could discount part of the earnings strength if the benefit is viewed as nonrecurring. Home Depot Beat Q2 Estimates Negative Sentiment: CEO Ted Decker is on temporary medical leave, creating uncertainty around leadership even as operating performance improves. Separately, EVP Michael Rowe sold 710 shares valued at approximately $239,100, a relatively small transaction but a modest negative sentiment signal. Home Depot EVP Michael Rowe Sells Shares Insider Transactions at Home Depot In other news, CFO Richard V. Mcphail sold 5,989 shares of the company’s stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $348.40, for a total value of $2,086,567.60. Following the sale, the chief financial officer owned 48,104 shares in the company, valued at approximately $16,759,433.60. This represents a 11.07% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Michael F. Rowe sold 710 shares of Home Depot stock in a transaction that occurred on Wednesday, August 26th. The stock was sold at an average price of $336.76, for a total value of $239,099.60. Following the completion of the transaction, the executive vice president owned 6,838 shares of the company’s stock, valued at approximately $2,302,764.88. The trade was a 9.41% decrease in their position. The SEC filing for this sale provides additional information. 0.08% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth A number of equities analysts have recently weighed in on HD shares. Royal Bank Of Canada lowered their price target on shares of Home Depot from $343.00 to $342.00 and set a “sector perform” rating on the stock in a research note on Wednesday, August 19th. Argus reiterated a “buy” rating and issued a $400.00 price objective on shares of Home Depot in a research report on Wednesday, August 19th. Wolfe Research cut shares of Home Depot from an “outperform” rating to a “peer perform” rating in a research note on Tuesday, June 23rd. Robert W. Baird cut their price objective on Home Depot from $430.00 to $380.00 and set an “outperform” rating for the company in a research report on Wednesday, May 20th. Finally, UBS Group decreased their price objective on Home Depot from $430.00 to $420.00 and set a “buy” rating on the stock in a research note on Wednesday, August 19th. Eighteen investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $375.54.

View Our Latest Stock Report on Home Depot

Home Depot Company Profile (Free Report)

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.

Featured Articles Five stocks we like better than Home Depot Strike a Balance Between Growth and Stability With These 3 Names Ready to Rally Rubrik’s AI Security Bet Could Power the Next Leg Higher Apple’s Foldable iPhone Could Be a Catalyst, But Not a Cure-All Snowflake Is Up Nearly 50% in 2026—What Are Short Sellers Betting Against? Want to see what other hedge funds are holding HD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Home Depot, Inc. (NYSE:HD – Free Report).

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GSG Advisors LLC bought a new position in shares of The Home Depot, Inc. (NYSE:HD – Free Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm bought 2,389 shares of the home improvement retailer’s stock, valued at approximately $843,000.

Other institutional investors have also recently bought and sold shares of the company. Bank of Nova Scotia acquired a new stake in Home Depot in the 2nd quarter valued at $118,723,000. Gator Capital Management LLC acquired a new position in shares of Home Depot during the 4th quarter worth about $3,693,000. King Luther Capital Management Corp boosted its stake in shares of Home Depot by 0.6% during the 4th quarter. King Luther Capital Management Corp now owns 1,240,478 shares of the home improvement retailer’s stock worth $426,848,000 after buying an additional 7,180 shares during the last quarter. E Fund Management Co. Ltd. bought a new position in shares of Home Depot in the 2nd quarter valued at about $3,915,000. Finally, Thompson Siegel & Walmsley LLC grew its holdings in shares of Home Depot by 320.4% in the 4th quarter. Thompson Siegel & Walmsley LLC now owns 11,292 shares of the home improvement retailer’s stock valued at $3,886,000 after acquiring an additional 8,606 shares in the last quarter. Institutional investors own 70.86% of the company’s stock.

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

Positive Sentiment: Home Depot reported fiscal second-quarter sales of $47.86 billion, up 5.7% year over year and its strongest comparable-sales growth since 2022. Adjusted earnings of $4.92 per share exceeded the $4.73 analyst consensus, reinforcing the view that the retailer’s turnaround is gaining traction. The Home Depot Posts Record Sales Growth Amid CEO Leave Positive Sentiment: The company expanded its Magic Apron AI shopping assistant to every U.S. store. The tool provides localized product information, project guidance and store navigation through text, voice, images and multiple languages. Its potential to improve customer service, employee productivity and conversion rates supports the long-term growth narrative. The Home Depot Expands Magic Apron Neutral Sentiment: Analysts and recent commentary see significant upside if housing and remodeling demand recover, with Home Depot’s scale and professional-customer base viewed as competitive advantages. However, the stock remains below its 50-day and 200-day moving averages, indicating that investors have not fully embraced the turnaround thesis. Home Depot Turnaround Could Be Bigger Than Investors Expect Neutral Sentiment: Although Home Depot beat quarterly estimates, a reported $685 million tariff refund may have boosted results. Investors could discount part of the earnings strength if the benefit is viewed as nonrecurring. Home Depot Beat Q2 Estimates Negative Sentiment: CEO Ted Decker is on temporary medical leave, creating uncertainty around leadership even as operating performance improves. Separately, EVP Michael Rowe sold 710 shares valued at approximately $239,100, a relatively small transaction but a modest negative sentiment signal. Home Depot EVP Michael Rowe Sells Shares Wall Street Analyst Weigh In Several analysts recently issued reports on the company. Weiss Ratings upgraded Home Depot from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, July 7th. Bank of America assumed coverage on Home Depot in a research note on Tuesday, May 5th. They issued a “buy” rating and a $374.00 price target for the company. Jefferies Financial Group reaffirmed a “buy” rating and set a $398.00 price target on shares of Home Depot in a research report on Tuesday, August 18th. Piper Sandler dropped their price objective on Home Depot from $422.00 to $421.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 20th. Finally, Truist Financial increased their price objective on Home Depot from $369.00 to $373.00 and gave the company a “buy” rating in a report on Wednesday, August 19th. Eighteen analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $375.54. Check Out Our Latest Research Report on Home Depot

Insider Activity In other Home Depot news, EVP Michael F. Rowe sold 710 shares of the firm’s stock in a transaction that occurred on Wednesday, August 26th. The shares were sold at an average price of $336.76, for a total transaction of $239,099.60. Following the completion of the sale, the executive vice president directly owned 6,838 shares in the company, valued at $2,302,764.88. This trade represents a 9.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Richard V. Mcphail sold 5,989 shares of the firm’s stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $348.40, for a total transaction of $2,086,567.60. Following the sale, the chief financial officer owned 48,104 shares of the company’s stock, valued at $16,759,433.60. This trade represents a 11.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.08% of the stock is owned by corporate insiders.

Home Depot Trading Down 0.1% HD stock opened at $329.80 on Monday. The Home Depot, Inc. has a one year low of $289.10 and a one year high of $426.75. The stock has a market cap of $329.04 billion, a price-to-earnings ratio of 23.08, a price-to-earnings-growth ratio of 3.64 and a beta of 0.95. The company has a fifty day moving average price of $340.97 and a two-hundred day moving average price of $338.46. The company has a debt-to-equity ratio of 2.64, a current ratio of 1.08 and a quick ratio of 0.31.

Home Depot (NYSE:HD – Get Free Report) last issued its quarterly earnings data on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share for the quarter, beating the consensus estimate of $4.73 by $0.19. The company had revenue of $47.86 billion for the quarter, compared to analyst estimates of $47.24 billion. Home Depot had a net margin of 8.41% and a return on equity of 106.42%. The company’s revenue was up 5.7% on a year-over-year basis. During the same period in the prior year, the firm earned $4.68 earnings per share. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. Equities analysts anticipate that The Home Depot, Inc. will post 15 EPS for the current year.

Home Depot Announces Dividend The business also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Thursday, September 3rd will be issued a $2.33 dividend. This represents a $9.32 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Thursday, September 3rd. Home Depot’s dividend payout ratio is currently 65.22%.

Home Depot Profile (Free Report)

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.

Read More Five stocks we like better than Home Depot Strike a Balance Between Growth and Stability With These 3 Names Ready to Rally Rubrik’s AI Security Bet Could Power the Next Leg Higher Apple’s Foldable iPhone Could Be a Catalyst, But Not a Cure-All Snowflake Is Up Nearly 50% in 2026—What Are Short Sellers Betting Against?

Receive News & Ratings for Home Depot Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Home Depot and related companies with MarketBeat.com's FREE daily email newsletter.

D.B. Root & Company LLC bought a new stake in shares of The Home Depot, Inc. (NYSE:HD – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 3,867 shares of the home improvement retailer’s stock, valued at approximately $1,364,000.

Other hedge funds have also made changes to their positions in the company. Brighton Jones LLC lifted its position in Home Depot by 36.5% in the 4th quarter. Brighton Jones LLC now owns 26,918 shares of the home improvement retailer’s stock worth $10,471,000 after buying an additional 7,203 shares in the last quarter. Sivia Capital Partners LLC boosted its stake in shares of Home Depot by 7.1% during the 2nd quarter. Sivia Capital Partners LLC now owns 2,598 shares of the home improvement retailer’s stock valued at $952,000 after buying an additional 173 shares during the period. Schnieders Capital Management LLC. grew its holdings in shares of Home Depot by 14.1% during the 2nd quarter. Schnieders Capital Management LLC. now owns 11,587 shares of the home improvement retailer’s stock valued at $4,248,000 after acquiring an additional 1,433 shares in the last quarter. Darwin Wealth Management LLC purchased a new position in shares of Home Depot during the 2nd quarter valued at $1,773,000. Finally, Financial Advisors Network Inc. increased its stake in shares of Home Depot by 11.3% in the second quarter. Financial Advisors Network Inc. now owns 2,368 shares of the home improvement retailer’s stock worth $868,000 after acquiring an additional 241 shares during the last quarter. 70.86% of the stock is owned by hedge funds and other institutional investors.

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

Positive Sentiment: Home Depot reported fiscal second-quarter sales of $47.86 billion, up 5.7% year over year and its strongest comparable-sales growth since 2022. Adjusted earnings of $4.92 per share exceeded the $4.73 analyst consensus, reinforcing the view that the retailer’s turnaround is gaining traction. The Home Depot Posts Record Sales Growth Amid CEO Leave Positive Sentiment: The company expanded its Magic Apron AI shopping assistant to every U.S. store. The tool provides localized product information, project guidance and store navigation through text, voice, images and multiple languages. Its potential to improve customer service, employee productivity and conversion rates supports the long-term growth narrative. The Home Depot Expands Magic Apron Neutral Sentiment: Analysts and recent commentary see significant upside if housing and remodeling demand recover, with Home Depot’s scale and professional-customer base viewed as competitive advantages. However, the stock remains below its 50-day and 200-day moving averages, indicating that investors have not fully embraced the turnaround thesis. Home Depot Turnaround Could Be Bigger Than Investors Expect Neutral Sentiment: Although Home Depot beat quarterly estimates, a reported $685 million tariff refund may have boosted results. Investors could discount part of the earnings strength if the benefit is viewed as nonrecurring. Home Depot Beat Q2 Estimates Negative Sentiment: CEO Ted Decker is on temporary medical leave, creating uncertainty around leadership even as operating performance improves. Separately, EVP Michael Rowe sold 710 shares valued at approximately $239,100, a relatively small transaction but a modest negative sentiment signal. Home Depot EVP Michael Rowe Sells Shares Insider Activity at Home Depot In other Home Depot news, CFO Richard V. Mcphail sold 5,989 shares of the business’s stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $348.40, for a total value of $2,086,567.60. Following the transaction, the chief financial officer owned 48,104 shares of the company’s stock, valued at approximately $16,759,433.60. The trade was a 11.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Michael F. Rowe sold 710 shares of the stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $336.76, for a total value of $239,099.60. Following the sale, the executive vice president owned 6,838 shares in the company, valued at $2,302,764.88. The trade was a 9.41% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.08% of the stock is owned by insiders. Home Depot Stock Down 0.1% Shares of NYSE:HD opened at $329.80 on Monday. The Home Depot, Inc. has a 52 week low of $289.10 and a 52 week high of $426.75. The company has a debt-to-equity ratio of 2.64, a quick ratio of 0.31 and a current ratio of 1.08. The company’s fifty day moving average is $340.97 and its 200-day moving average is $338.46. The company has a market capitalization of $329.04 billion, a PE ratio of 23.08, a P/E/G ratio of 3.64 and a beta of 0.95.

Home Depot (NYSE:HD – Get Free Report) last announced its earnings results on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.73 by $0.19. Home Depot had a net margin of 8.41% and a return on equity of 106.42%. The business had revenue of $47.86 billion during the quarter, compared to analysts’ expectations of $47.24 billion. During the same quarter last year, the company posted $4.68 EPS. The firm’s revenue for the quarter was up 5.7% on a year-over-year basis. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. Equities research analysts predict that The Home Depot, Inc. will post 15 earnings per share for the current fiscal year.

Home Depot Dividend Announcement The company also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd will be paid a $2.33 dividend. The ex-dividend date is Thursday, September 3rd. This represents a $9.32 dividend on an annualized basis and a dividend yield of 2.8%. Home Depot’s payout ratio is 65.22%.

Wall Street Analyst Weigh In A number of research firms have recently weighed in on HD. Citigroup cut their price target on Home Depot from $450.00 to $400.00 and set a “buy” rating for the company in a research note on Tuesday, May 12th. UBS Group decreased their price target on shares of Home Depot from $430.00 to $420.00 and set a “buy” rating for the company in a report on Wednesday, August 19th. Robert W. Baird dropped their target price on shares of Home Depot from $430.00 to $380.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 20th. Piper Sandler cut their price target on Home Depot from $422.00 to $421.00 and set an “overweight” rating for the company in a report on Wednesday, May 20th. Finally, Sanford C. Bernstein reaffirmed a “market perform” rating and set a $354.00 price objective on shares of Home Depot in a report on Wednesday, August 19th. Eighteen equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $375.54.

View Our Latest Report on HD

Home Depot Company Profile (Free Report)

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.

Featured Stories Five stocks we like better than Home Depot Strike a Balance Between Growth and Stability With These 3 Names Ready to Rally Rubrik’s AI Security Bet Could Power the Next Leg Higher Apple’s Foldable iPhone Could Be a Catalyst, But Not a Cure-All Snowflake Is Up Nearly 50% in 2026—What Are Short Sellers Betting Against? Want to see what other hedge funds are holding HD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Home Depot, Inc. (NYSE:HD – Free Report).

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Aberdeen Wealth Management LLC bought a new position in shares of The Home Depot, Inc. (NYSE:HD – Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 4,007 shares of the home improvement retailer’s stock, valued at approximately $1,413,000. Home Depot comprises about 0.7% of Aberdeen Wealth Management LLC’s holdings, making the stock its 24th largest position.

Several other institutional investors have also recently added to or reduced their stakes in HD. BlackRock Inc. bought a new position in Home Depot in the second quarter worth approximately $28,771,247,000. State Street Corp grew its stake in shares of Home Depot by 1.8% in the 4th quarter. State Street Corp now owns 46,925,342 shares of the home improvement retailer’s stock worth $16,147,010,000 after acquiring an additional 825,164 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Home Depot by 1.5% in the fourth quarter. Geode Capital Management LLC now owns 23,756,142 shares of the home improvement retailer’s stock valued at $8,151,344,000 after purchasing an additional 343,153 shares during the last quarter. Bank of America Corp DE raised its holdings in shares of Home Depot by 1.6% in the first quarter. Bank of America Corp DE now owns 16,314,357 shares of the home improvement retailer’s stock valued at $5,365,629,000 after purchasing an additional 250,825 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its position in shares of Home Depot by 7.8% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 15,471,132 shares of the home improvement retailer’s stock valued at $5,323,620,000 after purchasing an additional 1,113,114 shares in the last quarter. 70.86% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In A number of equities research analysts have issued reports on the stock. Argus reaffirmed a “buy” rating and issued a $400.00 price objective on shares of Home Depot in a research report on Wednesday, August 19th. Jefferies Financial Group reissued a “buy” rating and set a $398.00 target price on shares of Home Depot in a research report on Tuesday, August 18th. JPMorgan Chase & Co. cut their target price on Home Depot from $423.00 to $396.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 20th. Guggenheim reaffirmed a “buy” rating and issued a $425.00 target price on shares of Home Depot in a report on Wednesday, August 19th. Finally, Evercore decreased their price target on Home Depot from $415.00 to $400.00 and set an “outperform” rating for the company in a research report on Wednesday, May 20th. Eighteen equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $375.54.

Read Our Latest Analysis on Home Depot Home Depot Stock Performance NYSE HD opened at $329.80 on Monday. The company has a market capitalization of $329.04 billion, a PE ratio of 23.08, a price-to-earnings-growth ratio of 3.64 and a beta of 0.95. The company has a debt-to-equity ratio of 2.64, a quick ratio of 0.31 and a current ratio of 1.08. The Home Depot, Inc. has a 52-week low of $289.10 and a 52-week high of $426.75. The company has a 50-day simple moving average of $340.97 and a 200 day simple moving average of $338.46.

Home Depot (NYSE:HD – Get Free Report) last released its earnings results on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share for the quarter, beating analysts’ consensus estimates of $4.73 by $0.19. The firm had revenue of $47.86 billion for the quarter, compared to analysts’ expectations of $47.24 billion. Home Depot had a net margin of 8.41% and a return on equity of 106.42%. The company’s quarterly revenue was up 5.7% on a year-over-year basis. During the same period in the previous year, the company earned $4.68 earnings per share. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. On average, research analysts predict that The Home Depot, Inc. will post 15 EPS for the current year.

Home Depot Announces Dividend The company also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Thursday, September 3rd will be paid a $2.33 dividend. The ex-dividend date is Thursday, September 3rd. This represents a $9.32 annualized dividend and a dividend yield of 2.8%. Home Depot’s payout ratio is presently 65.22%.

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

Positive Sentiment: Home Depot reported fiscal second-quarter sales of $47.86 billion, up 5.7% year over year and its strongest comparable-sales growth since 2022. Adjusted earnings of $4.92 per share exceeded the $4.73 analyst consensus, reinforcing the view that the retailer’s turnaround is gaining traction. The Home Depot Posts Record Sales Growth Amid CEO Leave Positive Sentiment: The company expanded its Magic Apron AI shopping assistant to every U.S. store. The tool provides localized product information, project guidance and store navigation through text, voice, images and multiple languages. Its potential to improve customer service, employee productivity and conversion rates supports the long-term growth narrative. The Home Depot Expands Magic Apron Neutral Sentiment: Analysts and recent commentary see significant upside if housing and remodeling demand recover, with Home Depot’s scale and professional-customer base viewed as competitive advantages. However, the stock remains below its 50-day and 200-day moving averages, indicating that investors have not fully embraced the turnaround thesis. Home Depot Turnaround Could Be Bigger Than Investors Expect Neutral Sentiment: Although Home Depot beat quarterly estimates, a reported $685 million tariff refund may have boosted results. Investors could discount part of the earnings strength if the benefit is viewed as nonrecurring. Home Depot Beat Q2 Estimates Negative Sentiment: CEO Ted Decker is on temporary medical leave, creating uncertainty around leadership even as operating performance improves. Separately, EVP Michael Rowe sold 710 shares valued at approximately $239,100, a relatively small transaction but a modest negative sentiment signal. Home Depot EVP Michael Rowe Sells Shares Insider Buying and Selling at Home Depot In other news, CFO Richard V. Mcphail sold 5,989 shares of the company’s stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $348.40, for a total transaction of $2,086,567.60. Following the transaction, the chief financial officer owned 48,104 shares of the company’s stock, valued at $16,759,433.60. This represents a 11.07% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Michael F. Rowe sold 710 shares of the stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $336.76, for a total value of $239,099.60. Following the transaction, the executive vice president owned 6,838 shares of the company’s stock, valued at $2,302,764.88. The trade was a 9.41% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.08% of the company’s stock.

Home Depot Company Profile (Free Report)

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.

Further Reading Five stocks we like better than Home Depot Strike a Balance Between Growth and Stability With These 3 Names Ready to Rally Rubrik’s AI Security Bet Could Power the Next Leg Higher Apple’s Foldable iPhone Could Be a Catalyst, But Not a Cure-All Snowflake Is Up Nearly 50% in 2026—What Are Short Sellers Betting Against?

Receive News & Ratings for Home Depot Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Home Depot and related companies with MarketBeat.com's FREE daily email newsletter.

Bank of Nova Scotia acquired a new stake in The Home Depot, Inc. (NYSE:HD – Free Report) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 336,631 shares of the home improvement retailer’s stock, valued at approximately $118,723,000.

Several other institutional investors and hedge funds also recently made changes to their positions in HD. BlackRock Inc. acquired a new position in Home Depot in the second quarter valued at approximately $28,771,247,000. Norges Bank acquired a new position in shares of Home Depot during the 4th quarter valued at $4,850,329,000. Bank of New York Mellon Corp acquired a new position in shares of Home Depot during the 2nd quarter valued at $2,777,396,000. Wellington Management Group LLP boosted its stake in Home Depot by 60.8% during the third quarter. Wellington Management Group LLP now owns 10,143,089 shares of the home improvement retailer’s stock worth $4,109,878,000 after acquiring an additional 3,836,051 shares in the last quarter. Finally, Cardano Risk Management B.V. boosted its stake in Home Depot by 901.5% during the fourth quarter. Cardano Risk Management B.V. now owns 3,290,540 shares of the home improvement retailer’s stock worth $1,132,275,000 after acquiring an additional 2,961,979 shares in the last quarter. Institutional investors own 70.86% of the company’s stock.

Analysts Set New Price Targets Several equities research analysts have weighed in on HD shares. Wall Street Zen raised shares of Home Depot from a “sell” rating to a “hold” rating in a research note on Tuesday, June 2nd. Piper Sandler dropped their price objective on shares of Home Depot from $422.00 to $421.00 and set an “overweight” rating on the stock in a report on Wednesday, May 20th. Mizuho increased their price objective on shares of Home Depot from $385.00 to $390.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 19th. Gordon Haskett raised their target price on Home Depot from $320.00 to $330.00 in a research note on Friday, June 12th. Finally, KeyCorp reaffirmed a “sector weight” rating on shares of Home Depot in a research report on Wednesday, August 19th. Eighteen equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Home Depot currently has a consensus rating of “Moderate Buy” and an average price target of $375.54.

Read Our Latest Report on HD Insider Activity at Home Depot In related news, CFO Richard V. Mcphail sold 5,989 shares of Home Depot stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $348.40, for a total transaction of $2,086,567.60. Following the sale, the chief financial officer directly owned 48,104 shares in the company, valued at approximately $16,759,433.60. This trade represents a 11.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Michael F. Rowe sold 710 shares of the business’s stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $336.76, for a total value of $239,099.60. Following the completion of the transaction, the executive vice president directly owned 6,838 shares in the company, valued at approximately $2,302,764.88. This represents a 9.41% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.08% of the company’s stock.

Home Depot Stock Performance Shares of HD stock opened at $329.80 on Friday. The firm has a 50-day moving average of $340.97 and a 200-day moving average of $338.75. The company has a market cap of $329.04 billion, a P/E ratio of 23.08, a P/E/G ratio of 3.64 and a beta of 0.95. The company has a debt-to-equity ratio of 2.64, a current ratio of 1.08 and a quick ratio of 0.31. The Home Depot, Inc. has a one year low of $289.10 and a one year high of $426.75.

Home Depot (NYSE:HD – Get Free Report) last released its quarterly earnings results on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share for the quarter, topping the consensus estimate of $4.73 by $0.19. Home Depot had a net margin of 8.41% and a return on equity of 106.42%. The business had revenue of $47.86 billion for the quarter, compared to analysts’ expectations of $47.24 billion. During the same period in the previous year, the company earned $4.68 earnings per share. The firm’s revenue for the quarter was up 5.7% compared to the same quarter last year. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. Equities research analysts forecast that The Home Depot, Inc. will post 15 EPS for the current fiscal year.

Home Depot Announces Dividend The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd will be paid a $2.33 dividend. This represents a $9.32 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date is Thursday, September 3rd. Home Depot’s payout ratio is presently 65.22%.

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

Positive Sentiment: Home Depot reported fiscal second-quarter sales of $47.86 billion, up 5.7% year over year and its strongest comparable-sales growth since 2022. Adjusted earnings of $4.92 per share exceeded the $4.73 analyst consensus, reinforcing the view that the retailer’s turnaround is gaining traction. The Home Depot Posts Record Sales Growth Amid CEO Leave Positive Sentiment: The company expanded its Magic Apron AI shopping assistant to every U.S. store. The tool provides localized product information, project guidance and store navigation through text, voice, images and multiple languages. Its potential to improve customer service, employee productivity and conversion rates supports the long-term growth narrative. The Home Depot Expands Magic Apron Neutral Sentiment: Analysts and recent commentary see significant upside if housing and remodeling demand recover, with Home Depot’s scale and professional-customer base viewed as competitive advantages. However, the stock remains below its 50-day and 200-day moving averages, indicating that investors have not fully embraced the turnaround thesis. Home Depot Turnaround Could Be Bigger Than Investors Expect Neutral Sentiment: Although Home Depot beat quarterly estimates, a reported $685 million tariff refund may have boosted results. Investors could discount part of the earnings strength if the benefit is viewed as nonrecurring. Home Depot Beat Q2 Estimates Negative Sentiment: CEO Ted Decker is on temporary medical leave, creating uncertainty around leadership even as operating performance improves. Separately, EVP Michael Rowe sold 710 shares valued at approximately $239,100, a relatively small transaction but a modest negative sentiment signal. Home Depot EVP Michael Rowe Sells Shares Home Depot Company Profile (Free Report)

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.

Featured Articles Five stocks we like better than Home Depot From SaaS-pocalypse to Perfect Storm: Workday’s AI Growth Story Strengthens These 3 GARP Stocks Show Why Growth and Value Do Not Have to Clash Venture Into High-Volatility Corners of the Market With These 3 ETFs 3 Retail Stocks to Watch After a Big Consumer Earnings Week

Receive News & Ratings for Home Depot Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Home Depot and related companies with MarketBeat.com's FREE daily email newsletter.

Barbara Oil Co. purchased a new stake in The Home Depot, Inc. (NYSE:HD – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 24,000 shares of the home improvement retailer’s stock, valued at approximately $8,464,000. Home Depot makes up approximately 2.8% of Barbara Oil Co.’s holdings, making the stock its 9th largest position.

Other large investors have also modified their holdings of the company. Advocate Investing Services LLC acquired a new position in shares of Home Depot in the 4th quarter valued at $25,000. Zeit Capital LLC purchased a new stake in Home Depot during the second quarter valued at about $26,000. Parvin Asset Management LLC boosted 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 worth $26,000 after buying an additional 33 shares during the period. Cache Advisors LLC acquired a new position in shares of Home Depot in the first quarter worth about $27,000. Finally, Merkkuri Wealth Advisors LLC purchased a new position in shares of Home Depot in the first quarter worth approximately $28,000. 70.86% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In A number of equities research analysts have recently issued reports on the stock. Piper Sandler cut their price target on shares of Home Depot from $422.00 to $421.00 and set an “overweight” rating on the stock in a report on Wednesday, May 20th. Jefferies Financial Group reiterated a “buy” rating and set a $398.00 price objective on shares of Home Depot in a research report on Tuesday, August 18th. KeyCorp reissued a “sector weight” rating on shares of Home Depot in a research note on Wednesday, August 19th. DA Davidson restated a “buy” rating and issued a $377.00 target price on shares of Home Depot in a report on Wednesday, August 19th. Finally, The Goldman Sachs Group reduced their target price on Home Depot from $409.00 to $390.00 and set a “buy” rating for the company in a report on Wednesday, May 20th. Eighteen research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $375.54.

Check Out Our Latest Stock Analysis on HD Home Depot News Summary Here are the key news stories impacting Home Depot this week:

Positive Sentiment: Home Depot reported fiscal second-quarter sales of $47.86 billion, up 5.7% year over year and its strongest comparable-sales growth since 2022. Adjusted earnings of $4.92 per share exceeded the $4.73 analyst consensus, reinforcing the view that the retailer’s turnaround is gaining traction. The Home Depot Posts Record Sales Growth Amid CEO Leave Positive Sentiment: The company expanded its Magic Apron AI shopping assistant to every U.S. store. The tool provides localized product information, project guidance and store navigation through text, voice, images and multiple languages. Its potential to improve customer service, employee productivity and conversion rates supports the long-term growth narrative. The Home Depot Expands Magic Apron Neutral Sentiment: Analysts and recent commentary see significant upside if housing and remodeling demand recover, with Home Depot’s scale and professional-customer base viewed as competitive advantages. However, the stock remains below its 50-day and 200-day moving averages, indicating that investors have not fully embraced the turnaround thesis. Home Depot Turnaround Could Be Bigger Than Investors Expect Neutral Sentiment: Although Home Depot beat quarterly estimates, a reported $685 million tariff refund may have boosted results. Investors could discount part of the earnings strength if the benefit is viewed as nonrecurring. Home Depot Beat Q2 Estimates Negative Sentiment: CEO Ted Decker is on temporary medical leave, creating uncertainty around leadership even as operating performance improves. Separately, EVP Michael Rowe sold 710 shares valued at approximately $239,100, a relatively small transaction but a modest negative sentiment signal. Home Depot EVP Michael Rowe Sells Shares Insider Buying and Selling at Home Depot In other news, CFO Richard V. Mcphail sold 5,989 shares of the stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $348.40, for a total transaction of $2,086,567.60. Following the transaction, the chief financial officer owned 48,104 shares in the company, valued at $16,759,433.60. This represents a 11.07% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Michael F. Rowe sold 710 shares of the firm’s stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $336.76, for a total transaction of $239,099.60. Following the transaction, the executive vice president owned 6,838 shares in the company, valued at $2,302,764.88. This represents a 9.41% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 0.08% of the company’s stock.

Home Depot Trading Up 0.4% NYSE HD opened at $329.80 on Friday. The company has a current ratio of 1.08, a quick ratio of 0.31 and a debt-to-equity ratio of 2.64. The Home Depot, Inc. has a 1-year low of $289.10 and a 1-year high of $426.75. The firm’s fifty day simple moving average is $340.97 and its 200-day simple moving average is $338.75. The company has a market capitalization of $329.04 billion, a PE ratio of 23.08, a price-to-earnings-growth ratio of 3.64 and a beta of 0.95.

Home Depot (NYSE:HD – Get Free Report) last released its quarterly earnings data on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.73 by $0.19. Home Depot had a return on equity of 106.42% and a net margin of 8.41%.The firm had revenue of $47.86 billion during the quarter, compared to analysts’ expectations of $47.24 billion. During the same quarter last year, the firm earned $4.68 earnings per share. The business’s revenue for the quarter was up 5.7% on a year-over-year basis. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. As a group, sell-side analysts anticipate that The Home Depot, Inc. will post 15 earnings per share for the current fiscal year.

Home Depot Dividend Announcement The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Thursday, September 3rd will be given a $2.33 dividend. This represents a $9.32 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Thursday, September 3rd. Home Depot’s payout ratio is currently 65.22%.

Home Depot Profile (Free Report)

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.

Read More Five stocks we like better than Home Depot From SaaS-pocalypse to Perfect Storm: Workday’s AI Growth Story Strengthens These 3 GARP Stocks Show Why Growth and Value Do Not Have to Clash Venture Into High-Volatility Corners of the Market With These 3 ETFs 3 Retail Stocks to Watch After a Big Consumer Earnings Week

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Commerce Bank acquired a new stake in The Home Depot, Inc. (NYSE:HD – Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 294,005 shares of the home improvement retailer’s stock, valued at approximately $103,690,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Parvin Asset Management LLC grew its position 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 purchasing an additional 33 shares in the last quarter. Zeit Capital LLC acquired a new stake in shares of Home Depot in the 2nd quarter worth $26,000. Advocate Investing Services LLC purchased a new position in shares of Home Depot during the 4th quarter worth $25,000. Cache Advisors LLC acquired a new position in shares of Home Depot during the 1st quarter valued at about $27,000. Finally, Imprint Wealth LLC acquired a new position in shares of Home Depot during the 3rd quarter valued at about $34,000. Institutional investors and hedge funds own 70.86% of the company’s stock.

Home Depot Stock Performance NYSE:HD opened at $329.80 on Friday. The firm has a market capitalization of $329.04 billion, a PE ratio of 23.08, a price-to-earnings-growth ratio of 3.64 and a beta of 0.95. The business’s fifty day moving average price is $340.97 and its 200 day moving average price is $338.75. The company has a debt-to-equity ratio of 2.64, a current ratio of 1.08 and a quick ratio of 0.31. The Home Depot, Inc. has a 12 month low of $289.10 and a 12 month high of $426.75.

Home Depot (NYSE:HD – Get Free Report) last announced its quarterly earnings results on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share for the quarter, beating analysts’ consensus estimates of $4.73 by $0.19. Home Depot had a net margin of 8.41% and a return on equity of 106.42%. The firm had revenue of $47.86 billion during the quarter, compared to analysts’ expectations of $47.24 billion. During the same period in the previous year, the company earned $4.68 earnings per share. Home Depot’s quarterly revenue was up 5.7% compared to the same quarter last year. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. On average, sell-side analysts anticipate that The Home Depot, Inc. will post 15 earnings per share for the current fiscal year. Home Depot Dividend Announcement The company also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd will be paid a dividend of $2.33 per share. This represents a $9.32 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date is Thursday, September 3rd. Home Depot’s payout ratio is 65.22%.

Wall Street Analysts Forecast Growth A number of equities analysts have recently weighed in on HD shares. TD Cowen reiterated a “buy” rating on shares of Home Depot in a report on Monday, August 10th. Mizuho increased their target price on shares of Home Depot from $385.00 to $390.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 19th. KeyCorp reiterated a “sector weight” rating on shares of Home Depot in a research report on Wednesday, August 19th. Piper Sandler decreased their price objective on shares of Home Depot from $422.00 to $421.00 and set an “overweight” rating on the stock in a report on Wednesday, May 20th. Finally, Wells Fargo & Company lifted their target price on shares of Home Depot from $360.00 to $400.00 and gave the company an “overweight” rating in a report on Tuesday, August 11th. Eighteen research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Home Depot currently has a consensus rating of “Moderate Buy” and an average price target of $375.54.

Check Out Our Latest Analysis on Home Depot

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

Positive Sentiment: Home Depot reported fiscal second-quarter sales of $47.86 billion, up 5.7% year over year and its strongest comparable-sales growth since 2022. Adjusted earnings of $4.92 per share exceeded the $4.73 analyst consensus, reinforcing the view that the retailer’s turnaround is gaining traction. The Home Depot Posts Record Sales Growth Amid CEO Leave Positive Sentiment: The company expanded its Magic Apron AI shopping assistant to every U.S. store. The tool provides localized product information, project guidance and store navigation through text, voice, images and multiple languages. Its potential to improve customer service, employee productivity and conversion rates supports the long-term growth narrative. The Home Depot Expands Magic Apron Neutral Sentiment: Analysts and recent commentary see significant upside if housing and remodeling demand recover, with Home Depot’s scale and professional-customer base viewed as competitive advantages. However, the stock remains below its 50-day and 200-day moving averages, indicating that investors have not fully embraced the turnaround thesis. Home Depot Turnaround Could Be Bigger Than Investors Expect Neutral Sentiment: Although Home Depot beat quarterly estimates, a reported $685 million tariff refund may have boosted results. Investors could discount part of the earnings strength if the benefit is viewed as nonrecurring. Home Depot Beat Q2 Estimates Negative Sentiment: CEO Ted Decker is on temporary medical leave, creating uncertainty around leadership even as operating performance improves. Separately, EVP Michael Rowe sold 710 shares valued at approximately $239,100, a relatively small transaction but a modest negative sentiment signal. Home Depot EVP Michael Rowe Sells Shares Insider Buying and Selling In other news, EVP Michael F. Rowe sold 710 shares of Home Depot stock in a transaction that occurred on Wednesday, August 26th. The shares were sold at an average price of $336.76, for a total transaction of $239,099.60. Following the completion of the sale, the executive vice president directly owned 6,838 shares in the company, valued at approximately $2,302,764.88. This trade represents a 9.41% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Richard V. Mcphail sold 5,989 shares of the business’s stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $348.40, for a total value of $2,086,567.60. Following the sale, the chief financial officer owned 48,104 shares in the company, valued at approximately $16,759,433.60. The trade was a 11.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.08% of the company’s stock.

Home Depot Profile (Free Report)

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.

Featured Stories Five stocks we like better than Home Depot From SaaS-pocalypse to Perfect Storm: Workday’s AI Growth Story Strengthens These 3 GARP Stocks Show Why Growth and Value Do Not Have to Clash Venture Into High-Volatility Corners of the Market With These 3 ETFs 3 Retail Stocks to Watch After a Big Consumer Earnings Week Want to see what other hedge funds are holding HD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Home Depot, Inc. (NYSE:HD – Free Report).

Receive News & Ratings for Home Depot Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Home Depot and related companies with MarketBeat.com's FREE daily email newsletter.

BlackRock Inc. acquired a new position in shares of The Home Depot, Inc. (NYSE:HD – Free Report) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor acquired 81,578,902 shares of the home improvement retailer’s stock, valued at approximately $28,771,247,000. BlackRock Inc. owned 8.18% of Home Depot at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of HD. Occidental Asset Management LLC acquired a new position in shares of Home Depot in the 2nd quarter valued at $6,010,000. Dunhill Financial LLC acquired a new stake in shares of Home Depot during the 2nd quarter worth $363,000. Pallas Capital Advisors LLC acquired a new stake in shares of Home Depot during the 2nd quarter worth $2,729,000. Panoramic Capital Partners LLC purchased a new position in shares of Home Depot in the 2nd quarter worth $315,000. Finally, Performance Wealth Partners LLC purchased a new stake in Home Depot during the second quarter valued at about $324,000. 70.86% of the stock is owned by institutional investors and hedge funds.

Home Depot Price Performance HD opened at $337.54 on Tuesday. The Home Depot, Inc. has a twelve month low of $289.10 and a twelve month high of $426.75. The firm has a market cap of $336.56 billion, a price-to-earnings ratio of 23.62, a PEG ratio of 3.70 and a beta of 0.95. The company has a current ratio of 1.08, a quick ratio of 0.31 and a debt-to-equity ratio of 2.64. The company has a fifty day simple moving average of $341.02 and a 200 day simple moving average of $339.89.

Home Depot (NYSE:HD – Get Free Report) last issued its quarterly earnings data on Tuesday, August 18th. The home improvement retailer reported $4.92 EPS for the quarter, topping analysts’ consensus estimates of $4.73 by $0.19. The firm had revenue of $47.86 billion for the quarter, compared to analyst estimates of $47.24 billion. Home Depot had a net margin of 8.41% and a return on equity of 106.42%. The firm’s revenue was up 5.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $4.68 EPS. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. Equities research analysts expect that The Home Depot, Inc. will post 14.99 EPS for the current fiscal year. Home Depot Announces Dividend The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Thursday, September 3rd will be issued a dividend of $2.33 per share. The ex-dividend date is Thursday, September 3rd. This represents a $9.32 annualized dividend and a yield of 2.8%. Home Depot’s payout ratio is currently 65.22%.

Analyst Ratings Changes A number of analysts have recently issued reports on the company. Mizuho boosted their target price on Home Depot from $385.00 to $390.00 and gave the stock an “outperform” rating in a report on Wednesday, August 19th. KeyCorp restated a “sector weight” rating on shares of Home Depot in a report on Wednesday, August 19th. Evercore reduced their price target on shares of Home Depot from $415.00 to $400.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 20th. JPMorgan Chase & Co. decreased their price objective on shares of Home Depot from $423.00 to $396.00 and set an “overweight” rating for the company in a research note on Wednesday, May 20th. Finally, The Goldman Sachs Group dropped their price objective on shares of Home Depot from $409.00 to $390.00 and set a “buy” rating for the company in a research report on Wednesday, May 20th. Eighteen investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Home Depot presently has an average rating of “Moderate Buy” and a consensus target price of $375.54.

View Our Latest Analysis on Home Depot

Insider Transactions at Home Depot In other Home Depot news, CFO Richard V. Mcphail sold 5,989 shares of the company’s stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $348.40, for a total value of $2,086,567.60. Following the transaction, the chief financial officer directly owned 48,104 shares of the company’s stock, valued at $16,759,433.60. This represents a 11.07% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 0.08% of the stock is owned by corporate insiders.

Home Depot Profile (Free Report)

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.

Recommended Stories Five stocks we like better than Home Depot Visa Just Put Hims & Hers in the Penalty Box—Here’s Why It Matters Treasury Yields Are Surging Again: 3 Stocks That Could Feel the Pain Snowflake Could Be Headed for New Highs Despite Insider Selling MongoDB Is Surging—And the Next Catalyst Is Almost Here Want to see what other hedge funds are holding HD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Home Depot, Inc. (NYSE:HD – Free Report).

Receive News & Ratings for Home Depot Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Home Depot and related companies with MarketBeat.com's FREE daily email newsletter.

Cornerstone Advisors LLC acquired a new position in shares of The Home Depot, Inc. (NYSE:HD – Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 57,750 shares of the home improvement retailer’s stock, valued at approximately $20,367,000.

Other hedge funds have also added to or reduced their stakes in the company. BlackRock Inc. bought a new stake in shares of Home Depot during the second quarter worth $28,771,247,000. State Street Corp increased its position in Home Depot by 1.8% during the 4th quarter. State Street Corp now owns 46,925,342 shares of the home improvement retailer’s stock valued at $16,147,010,000 after purchasing an additional 825,164 shares during the period. Geode Capital Management LLC boosted its stake in shares of Home Depot by 1.5% in the 4th quarter. Geode Capital Management LLC now owns 23,756,142 shares of the home improvement retailer’s stock valued at $8,151,344,000 after purchasing an additional 343,153 shares during the last quarter. Bank of America Corp DE increased its holdings in Home Depot by 1.6% in the first quarter. Bank of America Corp DE now owns 16,314,357 shares of the home improvement retailer’s stock worth $5,365,629,000 after purchasing an additional 250,825 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its position in shares of Home Depot by 7.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 15,471,132 shares of the home improvement retailer’s stock worth $5,323,620,000 after buying an additional 1,113,114 shares during the period. 70.86% of the stock is owned by institutional investors.

Insider Transactions at Home Depot In other Home Depot news, CFO Richard V. Mcphail sold 5,989 shares of Home Depot stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $348.40, for a total transaction of $2,086,567.60. Following the sale, the chief financial officer directly owned 48,104 shares of the company’s stock, valued at approximately $16,759,433.60. The trade was a 11.07% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.08% of the stock is currently owned by insiders.

Home Depot Price Performance Shares of Home Depot stock opened at $337.54 on Tuesday. The firm has a market capitalization of $336.56 billion, a PE ratio of 23.62, a price-to-earnings-growth ratio of 3.70 and a beta of 0.95. The Home Depot, Inc. has a 12 month low of $289.10 and a 12 month high of $426.75. The business’s 50-day moving average price is $341.02 and its 200-day moving average price is $339.89. The company has a current ratio of 1.08, a quick ratio of 0.31 and a debt-to-equity ratio of 2.64. Home Depot (NYSE:HD – Get Free Report) last announced its quarterly earnings data on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.73 by $0.19. The firm had revenue of $47.86 billion for the quarter, compared to analysts’ expectations of $47.24 billion. Home Depot had a return on equity of 106.42% and a net margin of 8.41%.The company’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same period last year, the firm earned $4.68 earnings per share. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. Sell-side analysts forecast that The Home Depot, Inc. will post 14.99 EPS for the current fiscal year.

Home Depot Announces Dividend The business also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd will be paid a dividend of $2.33 per share. The ex-dividend date of this dividend is Thursday, September 3rd. This represents a $9.32 dividend on an annualized basis and a dividend yield of 2.8%. Home Depot’s payout ratio is presently 65.22%.

Wall Street Analysts Forecast Growth HD has been the subject of several research reports. Jefferies Financial Group restated a “buy” rating and issued a $398.00 target price on shares of Home Depot in a research note on Tuesday, August 18th. Wells Fargo & Company increased their price objective on shares of Home Depot from $360.00 to $400.00 and gave the company an “overweight” rating in a research note on Tuesday, August 11th. Argus restated a “buy” rating and issued a $400.00 price objective on shares of Home Depot in a research note on Wednesday, August 19th. Evercore decreased their price objective on shares of Home Depot from $415.00 to $400.00 and set an “outperform” rating for the company in a report on Wednesday, May 20th. Finally, Mizuho upped their price target on Home Depot from $385.00 to $390.00 and gave the company an “outperform” rating in a research report on Wednesday, August 19th. Eighteen analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $375.54.

Check Out Our Latest Stock Report on HD

Home Depot Profile (Free Report)

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.

Featured Stories Five stocks we like better than Home Depot Visa Just Put Hims & Hers in the Penalty Box—Here’s Why It Matters Treasury Yields Are Surging Again: 3 Stocks That Could Feel the Pain Snowflake Could Be Headed for New Highs Despite Insider Selling MongoDB Is Surging—And the Next Catalyst Is Almost Here

Receive News & Ratings for Home Depot Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Home Depot and related companies with MarketBeat.com's FREE daily email newsletter.

Focused Alpha LLC acquired a new stake in The Home Depot, Inc. (NYSE:HD – Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 1,599 shares of the home improvement retailer’s stock, valued at approximately $564,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. BlackRock Inc. acquired a new stake in Home Depot during the second quarter worth $28,771,247,000. State Street Corp increased its stake in shares of Home Depot by 1.8% during the fourth quarter. State Street Corp now owns 46,925,342 shares of the home improvement retailer’s stock worth $16,147,010,000 after buying an additional 825,164 shares during the period. Geode Capital Management LLC increased its holdings in Home Depot by 1.5% in the fourth quarter. Geode Capital Management LLC now owns 23,756,142 shares of the home improvement retailer’s stock valued at $8,151,344,000 after buying an additional 343,153 shares during the last quarter. Bank of America Corp DE raised its position in shares of Home Depot by 1.6% during the 1st quarter. Bank of America Corp DE now owns 16,314,357 shares of the home improvement retailer’s stock worth $5,365,629,000 after acquiring an additional 250,825 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of Home Depot by 7.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 15,471,132 shares of the home improvement retailer’s stock valued at $5,323,620,000 after buying an additional 1,113,114 shares in the last quarter. Hedge funds and other institutional investors own 70.86% of the company’s stock.

Wall Street Analyst Weigh In A number of analysts recently issued reports on the company. Wolfe Research cut Home Depot from an “outperform” rating to a “peer perform” rating in a research report on Tuesday, June 23rd. Morgan Stanley reduced their price target on Home Depot from $420.00 to $400.00 and set an “overweight” rating for the company in a report on Wednesday, May 20th. Gordon Haskett boosted their price objective on shares of Home Depot from $320.00 to $330.00 in a report on Friday, June 12th. Wall Street Zen upgraded shares of Home Depot from a “sell” rating to a “hold” rating in a research report on Tuesday, June 2nd. Finally, HSBC dropped their price objective on shares of Home Depot from $392.00 to $310.00 and set a “hold” rating for the company in a research note on Wednesday, May 20th. Eighteen analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $375.54.

View Our Latest Stock Analysis on Home Depot Insider Transactions at Home Depot In related news, CFO Richard V. Mcphail sold 5,989 shares of the firm’s stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $348.40, for a total value of $2,086,567.60. Following the sale, the chief financial officer directly owned 48,104 shares in the company, valued at $16,759,433.60. This trade represents a 11.07% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.08% of the stock is owned by company insiders.

Home Depot Price Performance Shares of NYSE HD opened at $337.54 on Tuesday. The company has a quick ratio of 0.31, a current ratio of 1.08 and a debt-to-equity ratio of 2.64. The business has a 50 day moving average price of $341.02 and a two-hundred day moving average price of $339.89. The firm has a market cap of $336.56 billion, a PE ratio of 23.62, a price-to-earnings-growth ratio of 3.70 and a beta of 0.95. The Home Depot, Inc. has a fifty-two week low of $289.10 and a fifty-two week high of $426.75.

Home Depot (NYSE:HD – Get Free Report) last announced its quarterly earnings data on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.73 by $0.19. Home Depot had a return on equity of 106.42% and a net margin of 8.41%.The firm had revenue of $47.86 billion for the quarter, compared to analysts’ expectations of $47.24 billion. During the same quarter in the prior year, the firm posted $4.68 earnings per share. Home Depot’s revenue for the quarter was up 5.7% compared to the same quarter last year. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. Sell-side analysts expect that The Home Depot, Inc. will post 14.99 earnings per share for the current fiscal year.

Home Depot Dividend Announcement The company also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Thursday, September 3rd will be given a $2.33 dividend. The ex-dividend date is Thursday, September 3rd. This represents a $9.32 annualized dividend and a yield of 2.8%. Home Depot’s dividend payout ratio is 65.22%.

Home Depot Profile (Free Report)

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.

Read More Five stocks we like better than Home Depot Visa Just Put Hims & Hers in the Penalty Box—Here’s Why It Matters Treasury Yields Are Surging Again: 3 Stocks That Could Feel the Pain Snowflake Could Be Headed for New Highs Despite Insider Selling MongoDB Is Surging—And the Next Catalyst Is Almost Here Want to see what other hedge funds are holding HD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Home Depot, Inc. (NYSE:HD – Free Report).

Receive News & Ratings for Home Depot Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Home Depot and related companies with MarketBeat.com's FREE daily email newsletter.

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Home Depot's three-hour delivery service is off to a strong start. Dominick Reuter/Business Insider Sometimes you just need it now.

Retailers are stepping up their same-day delivery options, with fulfillment speeds that would have seemed impossible just a few years ago.

The latest entrant to the competition is Home Depot, which launched a nationwide 3-hour delivery option last week. It joins big box competitors Target and Walmart in offering a 3-hour option supported by their own retail store fleets.

To see how the three services stack up, I came up with a simple test: order the same item from all three stores at exactly the same moment and see which one arrived first. My house is about 3.5 miles from each store, and I created brand new shopper profiles for this test.

I considered including Amazon as a benchmark, but the earliest available same-day delivery to my address was more than 5 hours later.

It ended up being fairly challenging to find a low-cost item that all three retailers had in stock and would still meet delivery minimums. My initial plan was to order a four-pack of Charmin toilet paper from each chain, but Target's same-day services require a basket size of at least $35 to complete a transaction, no exceptions.

Ready, set, go!  Dominick Reuter/Business Insider To include Target, I switched to a 12-pack of Bounty paper towels for $33.49, plus a pack of disinfecting wipes, nudging the subtotal to $37.48.

The same pack of paper towels was $0.30 cheaper at Walmart, and I noticed only after placing my order that baskets under $35 incur a $6.99 delivery fee. I was able to go back and add a similar pack of disinfecting wipes for $2.98 to eliminate that fee.

Walmart has a one-hour option for an additional $5, but since the other two stores only promise three hours, I opted for that one.

Home Depot was the simplest of the bunch. It has a $2.99 same-day fee, which is waived once the basket exceeds $25. The three-hour service is an additional $7, and I didn't have to add any disinfecting wipes to clear a threshold.

The home improvement chain was off to a solid start.

At 12:11 p.m., I hit "place order" on all three shopping carts and started brainstorming uses for 36 jumbo rolls of paper towels.

To my great surprise, Home Depot pinged me 16 minutes later to let me know a driver was en route with my order. After another 12 minutes, they were in front of my house.

Home Depot arrived in less than 30 minutes.  Dominick Reuter/Business Insider Having made many trips to this Home Depot location for "just one more thing," I know 27 minutes is less time than it would have taken me to get this item myself.

About an hour later, at 1:43 p.m., I got a text that a Shipt shopper (Target's fulfillment service) had collected my order and was on their way. Less than 20 minutes after that, the towels and wipes were on my doorstep.

Half an hour after my Target order arrived, Walmart texted to say my order was being picked and would arrive at 3:14 p.m.

I followed the driver's icon on the order-tracking map and saw she had to make two drop-offs ahead of mine. Ultimately, she arrived at my house at 3:20 p.m., three hours and nine minutes after I placed the order.

It's also worth noting that my Walmart order very well might have arrived first had I chosen to upgrade to express delivery, which the website said could arrive at my house in as little as 18 minutes for $5 more.

After reflecting on the timing, I was impressed with Walmart's ability to land a delivery within a few minutes of when it initially said it would. This would matter even more if the order contained perishables like eggs, meat, or dairy that I wouldn't want sitting in the August sunshine for two hours if I weren't at home.

In order of arrival, Home Depot, Target, and Walmart.  Dominick Reuter/Business Insider Still, in terms of speed, simplicity, and cost, Home Depot completely stole the show. It was the simplest to use for a new customer, it had the lowest order minimum, and it had the lowest three-hour service fee at $7, followed by Target at $9.99 and Walmart at $14.95.

Target and Walmart both offer memberships that significantly reduce (or eliminate) the same-day delivery fee as a perk.

One area where Home Depot came up short compared to Target and Walmart is the ability to easily provide a tip to drivers for their hard work. Walmart lets shoppers do this upfront, while Target allows customers to rate and tip after the delivery is complete.

Home Depot customers may need to use cash to show their appreciation to their driver for the time saved.

Now, what am I going to do with all these paper towels?

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Dominick Reuter is a senior retail reporter for Business Insider, primarily covering Walmart, Target, and Costco. His stories tend to focus on issues and trends that affect employees and customers.Prior to joining BI in 2019, Dominick worked for more than a decade as an independent photojournalist covering a wide range of stories for global wire services and newspapers, including Reuters, the Wall Street Journal, and Agence France-Presse.Dominick studied photojournalism at Boston University and later earned a Masters in business and economics journalism from Columbia University.If you're an employee or customer with a story to share, please contact me via email or text/call/Signal at 646-768-4750.

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Home Depot (HD +0.48%) has faced challenges recently, but these stem from the broader economy rather than anything specific to the company. That's because the world's largest home-improvement retailer's results are tied to larger macroeconomic forces.

In the wake of Home Depot's recent quarterly report, patient investors should strongly consider purchasing this cyclical company's stock, as right now, it comes with an attractive dividend yield.

Image source: Getty Images.

Getting paid to wait Due in part to higher mortgage rates, persistent inflation, a sluggish housing market, and people being cautious about the economy, homeowners in general have been holding off on undertaking major projects. That has hurt Home Depot's sales.

Its fiscal second-quarter same-store sales (comps) grew by an uninspiring 1.7% globally (1.3% in the U.S.) Higher spending per ticket contributed about 2.8 percentage points to that 1.7% growth, even as falling traffic subtracted 1 percentage point.

Home Depot's operating income, adjusted for certain items, increased 4.8% year over year.

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However, at some point, economic conditions will change, and mortgage rates will fall. That would likely stimulate homebuying activity and major renovations. Additionally, when homeowners start to feel more comfortable about their finances, more of them will start to take on larger projects again rather than sticking to smaller projects. When that happens, it's likely that homeowners and contractors will return to Home Depot for its convenience and attractive prices.

That would mean Home Depot's sales and earnings growth would accelerate. Logically, the stock price should follow.

In the meantime, shareholders can feel confident that the retailer will continue to distribute growing dividend payouts. The company has hiked its payments annually since 2010. And even during the Great Recession, Home Depot held its dividends steady rather than cutting them.

Annualizing the $2.33 quarterly dividend, Home Depot's stock has a yield of 2.8%. That's much higher than the S&P 500 index's average 1.1% yield.

Kitchen Blueprint Drawing Gradating Into Finished Build.

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Investors just don’t understand Home Depot (HD).

They see the world’s biggest home-improvement retailer as a proxy for the real estate market: When home sales are strong, the thinking goes, more people buy homes—and go on to renovate them.

Makes sense. But it’s only half the story (at best!).

It’s true that many people—your income strategist included—locked in a sweet mortgage rate during the pandemic. So why would they give that up for today’s budget-busting 30-year rates?

With that in mind, it’s no surprise that, as mortgage rates have climbed this year, HD’s stock has slipped, erasing a big gain in early 2026 (see in purple below):

HD Price/Rates Relationship

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It’s left HD shares just below where they were at the start of 2026, while the S&P 500 has popped just shy of 12%, as of this writing.

That’s a big gap, and a sweet second chance to buy for us. Because the truth is, this stock—a holding of my Hidden Yields dividend-growth advisory—is much more than a real-estate tracker. It’s a beach ball held underwater.

I say that because the crowd is overlooking the two real upside drivers here.

But there is a sign they’re starting to catch on. These two catalysts were hinted at in the company’s latest earnings report, which dropped the morning of August 18. Investors initially shrugged off the report, with the stock gaining only marginally that day. A bigger move came the next day.

HD Pops After Earnings

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Overall, the retailer beat expectations on the top and bottom lines. But two things stood out: customers spent more on smaller projects, and Home Depot’s Pro service booked solid growth.

We’ve been talking about Pro in Hidden Yields for some time. Thanks to a couple recent acquisitions, it’s now a top-to-bottom supplier for contractors.

That’s a big deal—and it doesn’t get the attention it deserves.

Five years ago, a contractor who’d just landed a big job would’ve called three or four suppliers to get what they needed. Now they can wander up to the local Home Depot’s Pro desk (or order online) and everything arrives from one source, on one truck.

Pro is vital because it makes HD’s revenue “sticky.” More to the point, growth in both smaller projects and Pro in the latest quarter point to our two real (and underappreciated) upside catalysts for the stock.

Home Depot’s 2 Misunderstood Growth DriversYou see, the herd has HD’s relationship to the real estate market backward. Sure, high mortgage rates mean fewer people are moving. That’s first-level thinking.

But we’re second-level thinkers at Hidden Yields. And here’s what the “simple folk” miss: All those “house hoarders” are trading their new-home dreams for dreams of, say, a new kitchen or a new bathroom.

Truth is, America is on the verge of “Home Reno Boom 2.0” (Home Reno Boom 1.0, you may recall, came during the pandemic, when we all thought we might never venture out again.) This time, it’s fueled by high mortgage rates. The logic is simple: If you can’t move, then you may as well upgrade your current place.

The numbers bear this out. According to Harvard University’s Joint Center for Housing Studies, reno spending was around $517 billion in the second quarter of 2026, up around 2% year-over-year. It’s also well up from the $498 billion we saw as recently as the third quarter of 2024.

Here’s the thing most people are missing, though: Homeowners already have the funding lined up for the next reno wave. It comes in the form of home-equity lines of credit, or HELOCs, which many homeowners use to finance renos.

In the second quarter, the national HELOC balance rose by $13 billion, to a total of $459 billion, according to the Federal Reserve Bank of New York. That’s a sweet setup for our pandemic refinancers (and HD shareholders): Homeowners get to keep their cheap mortgages while tapping their home equity to renovate—and boost their home values.

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That’s the first upside driver for HD.

The second is even more straightforward: American homes are getting old, with an average age of 44 years. These houses need new roofs. They need new pipes. The HVAC is about to wheeze its last breath. None of these problems care about bond yields, mortgage rates, Middle East conflicts or AI. They need to be fixed—stat.

Add these two together—big HELOC balances and America’s aging housing stock—and you get the perfect “launchpad” for Home Reno Boom 2.0. Home Depot’s latest results—and the herd’s move into the stock as a result—show the fuel is already in the tank.

The fact that the stock trails the market this year shows we’re not too late. So does another factor that’s tied straight into the company’s dividend.

Home Depot’s “Dividend Magnet” Confirms the Stock Is CheapHD’s dividend is something first-level thinkers rarely pay much attention to. That’s because its 2.8% yield is “ho-hum” on the surface. That’s about as far as these folks go!

But they’re missing three key things:

Even though that 2.8% is “low,” it’s still nearly triple the payout on the typical S&P 500 stock.HD’s payout has grown 238% in the last decade. That means anyone who bought 10 years ago isn’t getting a 2.8% yield on their upfront buy: They’re bagging 6.9%, thanks to that strong payout growth!Finally, that dividend is a magnet on the share price, pulling it up as it rises.Let’s consider that last point because when you see this “Dividend Magnet” laid out on a chart covering the last 10 years, you’ll see that the pattern is unmistakable:

HD Dividend Magnet

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Here you can see the effect of a rising dividend on the share price: Every hike pulls the stock up with it. This is why the current yield on HD shares is always around 2.8%.

Here’s the thing, though: As you can see above, the stock has fallen off the pace lately, just as rising mortgage rates scared more first-level investors off HD shares.

That gap is our upside, and I expect it to close as Home Reno Boom 2.0 kicks off—and more investors realize what it means for this unloved stock. The time to buy is now, before that realization dawns.

The Home Depot's AI assistant, Magic Apron, has expanded to include localized store knowledge in all U.S. stores to help customers and associates navigate stores more efficiently, quickly find products, ask product-specific questions and get personalized project guidance. Already fielding millions of questions per month, Magic Apron now makes it even easier for customers to get help while they're shopping in the aisles, with the ability to ask questions via text, voice-to-text, with image uploads and conversations in multiple languages. Customers can access Magic Apron directly while using Store Mode in The Home Depot mobile app or by scanning a QR code on signage in their local Home Depot stores. Store Mode helps customers shop in stores with features such as barcode scanning, product wayfinding and other real-time store information. , /PRNewswire/ -- The Home Depot®, the world's largest home improvement retailer, announced the nationwide rollout of new in-store capabilities for Magic Apron, its AI-powered shopping assistant that's already fielding millions of questions per month, enabling customers to locate products, receive project guidance and get answers tailored to their local Home Depot stores while shopping.

Using knowledge tailored to each customer's chosen store, Magic Apron brings expert guidance directly into customers' hands, backed by five decades of home improvement project expertise and details on millions of products online. Magic Apron complements the expertise of Home Depot associates by helping customers whenever and wherever they need it while shopping in stores.

"Customers come to The Home Depot for expert guidance, and we know they want their shopping experience to be easy and efficient," said Jordan Broggi, EVP of Interconnected Retail. "Magic Apron takes the best of our digital expertise and brings it into the physical store, creating a more connected shopping experience that helps customers find products, get project guidance and make decisions faster. Our associates remain at the center of the shopping experience, and Magic Apron gives customers another way to access guidance and support while they're in our stores."

Magic Apron helps customers throughout their shopping experience by enabling them to:

Get expert guidance and complete projects with confidence: Customers can ask Magic Apron product-specific questions, get help determining whether a product is right for their project, and get recommendations on the tools and supplies needed to complete a job. For example, a customer can take a picture of a bag of grass seed and ask what fertilizer is needed specific for their climate or find out what supplies are needed to patch and paint a drywall repair. Ask questions your way: Customers can text questions, use voice-to-text, upload pictures, and interact in their preferred language. Find what you need, fast: Customers can access the map for their chosen store and find product aisle and bay locations quickly, with the ability to check product availability in-store as well as at other stores. Customers shared positive feedback during pilot testing, stating that the new features help them locate products more quickly, improve their confidence in purchasing decisions, and help them better understand product compatibility.

This Magic Apron expansion builds upon the company's Store Mode feature, which was originally launched in 2022 and helps customers shop more efficiently with barcode scanning, improved wayfinding and other store information.

Magic Apron is now live in all 2,000+ U.S. stores. Shoppers can open it in The Home Depot mobile app or scan a QR code on in-store signage.

About The Home Depot 
The Home Depot is the world's largest home improvement specialty retailer. At the end of the second quarter of fiscal 2026, the company operated a total of 2,364 retail stores and over 1,340 SRS locations across all 50 states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. The Company employs over 470,000 associates. The Home Depot's stock is traded on the New York Stock Exchange (NYSE: HD) and is included in the Dow Jones industrial average and Standard & Poor's 500 index.

Cautionary Note Regarding Forward-Looking Statements
Certain statements contained in this release constitute "forward-looking statements" as defined in the federal securities laws, including the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on currently available information and current assumptions, expectations and projections about future events. Forward-looking statements may relate to, among other things, implementation of interconnected, store, supply chain, technology, innovation and other strategic initiatives. Forward-looking statements are subject to substantial risks and uncertainties including, but not limited to, those described in our most recent Annual Report on Form 10-K. Forward-looking statements speak only as of the date they are made, and the company does not undertake to update them other than as required by law. You are advised, however, to review any further public disclosures that the company makes on related subjects, including its subsequent filings with the Securities and Exchange Commission.

SOURCE The Home Depot