Shares of The Home Depot, Inc. (NYSE: HD) climbed again on Wednesday, with investors digesting a packed slate of headlines ranging from holiday trading and AI initiatives to fresh legal investigations and corporate-governance tweaks.
As of Wednesday’s close, Home Depot stock was trading around $356 per share, up roughly 1.3% from Tuesday’s close near $351, and sitting about 9% above its 52‑week low around $326 and roughly 19% below its 52‑week high near $439. [1]
The move extends a rebound that began after last week’s sharp post‑earnings selloff and comes despite a growing list of legal and political headaches for the home‑improvement giant.
Home Depot stock price snapshot for November 26, 2025
Market data from multiple providers show HD trading in the mid‑$350s on Wednesday:
- Last close: about $355–$356
- Day’s range: roughly $349–$356 [2]
- 52‑week range:$326.31–$439.37 [3]
- Market capitalization: around $350 billion
- Valuation: forward P/E near the mid‑20s with a PEG ratio around 3.6 and beta close to 1.0, according to MarketBeat’s summary of fundamentals. [4]
That puts Home Depot solidly in large‑cap “quality” territory, but still notably below its highs after the stock’s earnings‑related drop on November 18, when shares fell about 6% in a single session following a guidance cut. [5]
Holiday focus: Thanksgiving closure, Black Friday deals and radio ad blitz
Two pieces of TipRanks coverage out this week frame how Wall Street is thinking about Home Depot’s holiday strategy:
1. Thanksgiving Day closure vs. Black Friday upside
An article published Wednesday morning highlights that Home Depot will remain closed on Thanksgiving Day, which has sparked some concern about lost sales. But the same piece notes that management is leaning heavily into Black Friday promotions, including aggressive buy‑one‑get‑one (BOGO) tool deals on brands like Ryobi and DeWalt, to more than offset the one‑day shutdown. [6]
The takeaway from that analysis:
- The closure is seen as a brand‑positive, employee‑friendly move,
- While the promotion calendar suggests no pullback in competitive intensity heading into the crucial holiday period.
Despite chatter about short‑term sales pressure, the article notes that investors sent HD “modestly higher” in Wednesday morning trading, reinforcing that markets are largely comfortable with the strategy. [7]
2. Top U.S. radio advertiser and AI Blueprint Takeoffs
In a separate TipRanks piece focusing on media and technology, Home Depot is described as the leading buyer of U.S. radio advertising spots, topping the Media Monitors “Spot Ten” list with more than 68,000 radio ad placements in the week of November 17–23, even after a slight decline from the prior week. [8]
That same article revisits Home Depot’s new AI‑powered “Blueprint Takeoffs” tool, unveiled officially in a November 19 press release. The product uses artificial intelligence to read construction blueprints for professional customers and generate detailed material takeoff lists, allowing pros to price and source projects faster through Home Depot’s ecosystem. [9]
The analysis argues that:
- Dominance in radio advertising helps Home Depot amplify deals and brand messaging ahead of Black Friday and the broader holiday season.
- AI tools like Blueprint Takeoffs could help Home Depot capture a larger share of professional contractor spend by moving further “upstream” in the project planning process. [10]
Governance update: New bylaws on shareholder proposals and nominations
A less headline‑grabbing but potentially important story for long‑term shareholders involves changes to Home Depot’s corporate governance rules.
A recent article on CoinCentral reports that Home Depot’s board amended its bylaws on November 20, introducing a streamlined advance‑notice window for shareholder proposals and director nominations: [11]
- Shareholders must now submit proposals and board nominations no earlier than 120 days and no later than 90 days before the anniversary of the prior year’s annual meeting.
- The company also clarified limits on how many director nominees a shareholder can put forward (no more than the number of board seats up for election).
- Certain disclosure requirements were relaxed, including language related to persons “acting in concert” with the nominating shareholder.
- New language now requires that any written‑consent campaign include an intention to solicit consent from all outstanding shareholders.
CoinCentral notes that while these changes simplify the rules, they come against a backdrop of lower earnings guidance and legal scrutiny, and that several analysts trimmed price targets after Q3 results, even as Home Depot maintained its $2.30 per‑share quarterly dividend. [12]
Fundamentals: Q3 2025 earnings miss, softer outlook and fresh 10‑Q details
Much of the current trading action in HD still traces back to Q3 fiscal 2025 results released on November 18. In its official earnings release and 10‑Q filing, Home Depot reported: [13]
- Net sales:$41.4 billion, up 2.8% year‑over‑year, with about $900 million contributed by the newly acquired GMS Inc.
- Comparable sales: up 0.2% overall and 0.1% in the U.S.—positive, but barely.
- Net earnings:$3.6 billion, essentially flat versus a year ago, with EPS dipping to $3.62 from $3.67.
- Adjusted EPS:$3.74, down modestly from $3.78 last year and below Wall Street expectations around $3.83.
Management blamed the shortfall on:
- A “lack of storms” in the quarter, which hurt categories that typically benefit from severe weather, and
- “Consumer uncertainty and continued pressure in housing,” which limited the expected uptick in big‑ticket home‑improvement projects. [14]
The company simultaneously cut its full‑year outlook:
- Total sales growth: now expected around 3%, helped by GMS.
- Comparable sales: only “slightly positive” for the year, versus prior guidance of +1%.
- Adjusted EPS: now projected to decline about 5%, deeper than the ~2% drop previously forecast. [15]
Those revisions triggered a wave of negative reaction:
- HD shares fell more than 6% on November 18, closing near $336, according to Pomerantz LLP’s subsequent investor alert. [16]
- Coverage from outlets like MarketWatch, Investopedia and TipRanks framed the quarter as proof that higher mortgage rates and “homeowner fatigue” are weighing on discretionary renovation spending. [17]
The Q3 10‑Q, filed November 25, fleshes out that story. It shows net earnings of $3.601 billion for the quarter (down slightly from $3.648 billion a year earlier) and comprehensive income of $3.616 billion, up from $3.496 billion, suggesting FX and hedging effects helped cushion the bottom line. [18]
A separate GuruFocus SWOT analysis published today highlights those numbers as evidence that Home Depot remains fundamentally profitable and cash‑generative, but faces ongoing risks from rising operating expenses, housing‑market sensitivity and the challenges of integrating recent acquisitions like GMS and SRS. [19]
Legal pressure: Pomerantz and Levi & Korsinsky turn up the heat
The earnings miss and outlook cut have already attracted securities‑law firms, a now‑familiar pattern whenever a megacap stock slides on disappointing guidance.
- On November 21, Pomerantz LLP announced it is investigating potential securities‑fraud or other unlawful practices at Home Depot, citing the November 18 earnings release and guidance reduction. The firm specifically notes the company’s explanation around storm activity, consumer uncertainty and housing pressure, and points to the 6% one‑day stock drop as investors reacted. [20]
- On November 22, Levi & Korsinsky issued its own “Shareholders Alert”, saying it has launched an investigation into possible violations of federal securities laws at Home Depot and inviting investors who suffered losses to contact the firm. [21]
- A follow‑up Comtex headline today, “Lost Money on The Home Depot, Inc. (HD) Contact Levi & Korsinsky to Protect Your Rights,” reiterates that outreach campaign. [22]
At this stage, these are investigations and attorney advertisements, not filed class‑action lawsuits or findings of wrongdoing. But for traders, the announcements add a layer of headline risk at a moment when the stock is already under pressure from macro and housing‑cycle concerns.
Politics and brand risk: The “ICE Scraper Rebellion” and boycott calls
Compounding the noise is a new wave of immigration‑related activism targeting Home Depot.
A November 26 column in Migrant Insider describes an “ICE Scraper Rebellion,” in which immigrant‑rights groups in California and North Carolina buy 17‑cent ice scrapers from Home Depot—rebranded as “ICE scrapers”—and then return them en masse to clog customer‑service lines and protest Immigration and Customs Enforcement operations in store parking lots. [23]
The same piece notes:
- The campaign is coordinated by groups including NDLON and the Carolina Migrant Network.
- It comes just as a broader “We Ain’t Buying It” boycott, backed by Indivisible and Black Voters Matter, launches against Home Depot, Amazon and Target, among others.
- The column characterizes Home Depot’s stock as “tumbling since organizers announced the boycott,” though the sharpest move clearly coincided with the Q3 earnings release and guidance cut last week. [24]
So far, mainstream financial coverage has not attributed the post‑earnings selloff primarily to boycott threats, but the activism underscores reputation and ESG risks that long‑term investors may need to monitor, especially if protests expand or gain broader media traction.
Big money moves: Institutional flows and insider activity
Wednesday also brought a wave of institutional‑ownership disclosures that shed light on how large investors are positioning around HD after its recent volatility:
- Thornburg Investment Management Inc. reported that Home Depot is its 9th‑largest holding, with about $187.9 million invested, representing roughly 0.05% of Home Depot’s shares outstanding. The fund nudged its position higher in Q2, and MarketBeat calculates that about 70.9% of HD’s float is now held by institutions and hedge funds. [25]
- A series of MarketBeat notes today show other managers increasing stakes:
- Russell Investments Group Ltd. lifted its position by about 4.4% in Q2. [26]
- Northwest & Ethical Investments L.P. boosted its stake by 188%, adding nearly 19,400 shares. [27]
- Richmond Investment Services LLC increased its HD holdings by over 190% to roughly 1,600 shares. [28]
- A separate item highlights Choreo LLC and other smaller advisors also raising exposure. [29]
On the insider front, MarketBeat notes that EVP William D. Bastek sold just over 2,300 shares in mid‑September at an average price above $423, trimming his stake by around 9% but still retaining more than 24,000 shares. Company insiders own only about 0.1% of the stock, a typical figure for a mature megacap. [30]
The picture from these filings: while analysts have cooled on near‑term growth, institutional buyers are still generally adding on weakness rather than exiting en masse.
Analyst sentiment: Still a “Moderate Buy” after the drawdown
Despite the earnings disappointment and legal rumblings, most Wall Street research remains constructive rather than outright bearish.
- TipRanks data show a “Moderate Buy” consensus based on 18 Buy, 5 Hold and 1 Sell ratings over the past three months, with an average price target around $410, implying roughly 15–17% upside from current levels. [31]
- MarketBeat’s separate compilation lists an average target in the low $400s and categorizes the stock as a “Moderate Buy”, even after a wave of price‑target cuts following Q3. [32]
- A Barchart analysis published Wednesday emphasizes that HD has meaningfully underperformed the Nasdaq over the past year and six months, but notes that analysts still expect mid‑teens percentage upside from here, with a consensus target around $406–$407. [33]
In short, Wall Street broadly sees Home Depot as a high‑quality, cyclical retail name caught in a tough macro moment rather than a broken business—but with near‑term performance heavily dependent on the housing market, consumer confidence and the strength of the coming holiday season.
Dividend, upcoming Investor Day and what to watch next
For income‑oriented investors, the board recently declared a quarterly dividend of $2.30 per share, payable in December, which works out to an annualized payout of $9.20 and a yield in the neighborhood of 2.5–2.6% at today’s prices. [34]
Looking ahead, several catalysts could move Home Depot stock into year‑end and early 2026:
- 2025 Investor & Analyst Conference – December 9
Home Depot will host its annual investor conference in early December, where executives are expected to provide more color on post‑GMS integration, AI and digital initiatives, capital‑allocation priorities and the medium‑term earnings algorithm. [35] - Holiday performance
Sales trends around Black Friday, Cyber Monday and the December holidays will be closely watched for signs that consumers are either tightening belts further or re‑engaging on deferred projects. - Housing and interest‑rate data
With earnings commentary repeatedly citing housing pressure, any signs of lower mortgage rates or a pickup in home‑turnover could materially shift sentiment. [36] - Legal developments
Investors will monitor whether the Pomerantz and Levi & Korsinsky investigations evolve into formal class‑action lawsuits or quietly fade. [37]
Bottom line
On November 26, 2025, Home Depot stock is:
- Rebounding from last week’s earnings shock,
- Trading in the mid‑$350s, still well off its highs but comfortably above its recent low,
- Supported by institutional buying and a solid dividend,
- Yet facing macro headwinds, legal probes, governance questions and political activism that could keep volatility elevated.
For now, the market seems to be saying that Home Depot’s core franchise is intact, but the company still has to prove it can grow earnings in a sluggish housing cycle while navigating lawsuits, activist pressure and a more vocal shareholder base.
References
1. stockanalysis.com, 2. stockanalysis.com, 3. idc.chase.com, 4. www.marketbeat.com, 5. www.globenewswire.com, 6. www.tipranks.com, 7. www.tipranks.com, 8. www.tipranks.com, 9. www.gurufocus.com, 10. www.tipranks.com, 11. coincentral.com, 12. coincentral.com, 13. ir.homedepot.com, 14. corporate.homedepot.com, 15. ir.homedepot.com, 16. www.globenewswire.com, 17. www.investopedia.com, 18. ir.homedepot.com, 19. www.gurufocus.com, 20. www.globenewswire.com, 21. www.accessnewswire.com, 22. idc.chase.com, 23. migrantinsider.com, 24. migrantinsider.com, 25. www.marketbeat.com, 26. www.marketbeat.com, 27. www.marketbeat.com, 28. www.marketbeat.com, 29. www.marketbeat.com, 30. www.marketbeat.com, 31. www.tipranks.com, 32. www.marketbeat.com, 33. markets.financialcontent.com, 34. ir.homedepot.com, 35. idc.chase.com, 36. www.investopedia.com, 37. www.globenewswire.com
