RBC Capital Sticks to Its Hold Rating for Home Depot (HD)

In a report released yesterday, Steven Shemesh from RBC Capital maintained a Hold rating on Home Depot, with a price target of $377.00.

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Shemesh covers the Consumer Cyclical sector, focusing on stocks such as Lowe’s, O’Reilly Auto, and Home Depot. According to TipRanks, Shemesh has an average return of -0.3% and a 50.64% success rate on recommended stocks.

In addition to RBC Capital, Home Depot also received a Hold from Bernstein’s Zhihan Ma in a report issued on May 5. However, on the same day, Bank of America Securities initiated coverage with a Buy rating on Home Depot (NYSE: HD).

Based on Home Depot’s latest earnings release for the quarter ending February 1, the company reported a quarterly revenue of $38.2 billion and a net profit of $2.57 billion. In comparison, last year the company earned a revenue of $39.7 billion and had a net profit of $3 billion

Based on the recent corporate insider activity of 77 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of HD in relation to earlier this year. Most recently, in March 2026, Richard V McPhail, the EVP & CFO of HD sold 2,550.00 shares for a total of $940,669.50.