Home Depot
HD

$359.51

1.69%

Market Cap: 356B

About: Home Depot is the world's largest home improvement specialty retailer, operating more than 2,300 warehouse-format stores offering more than 30,000 products in store and 1 million products online in the United States, Canada, and Mexico. Its stores offer numerous building materials, home improvement products, lawn and garden products, and decor products and provide various services, including home improvement installation services and tool and equipment rentals. The acquisition of distributor Interline Brands in 2015 allowed Home Depot to enter the maintenance, repair, and operations business, which has been expanded through the tie-up with HD Supply (2020). Moreover, the additions of the Company Store brought textile exposure to the lineup, while Redi Carpet added multifamily flooring.

Employees: 471,600

Materials Lumber & Other Building Materials Dealers

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 37 analysts

0

News positive %

of 47 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

20% more first-time investments, than exits

New positions opened: 221 | Existing positions closed: 184

13.7% more ownership

Funds ownership: 56.09% [Q4 2023] → 69.78% (+13.7%) [Q1 2024]

9% more capital invested

Capital invested by funds: $243B [Q4 2023] → $265B (+$21.4B) [Q1 2024]

2% more funds holding in top 10

Funds holding in top 10: 225 [Q4 2023] → 230 (+5) [Q1 2024]

1% more funds holding

Funds holding: 3,480 [Q4 2023] → 3,517 (+37) [Q1 2024]

9% more call options, than puts

Call options by funds: $4.11B | Put options by funds: $3.77B

3% less repeat investments, than reductions

Existing positions increased: 1,441 | Existing positions reduced: 1,479

See Fund Rankings

Research analyst outlook

37 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$318

12%

downside

Avg. target

$390

8%

upside

High target

$440

22%

upside

37 analyst ratings

26 positive

70%

8 neutral

22%

3 negative

8%

Stifel W. Andrew Carter	6%upside $380	Hold Maintained	15 Jul 2024
DA Davidson Michael Baker	10%upside $395	Buy Upgraded	26 Jun 2024
HSBC Daniela Bretthauer	12%downside $318	Reduce Maintained	15 May 2024
TD Cowen Max Rakhlenko	17%upside $420	Buy Maintained	15 May 2024
UBS Michael Lasser	11%upside $400	Buy Maintained	15 May 2024

See Analyst Rankings

Financial journalist opinion

Based on 47 articles about HD published over the past 30 days

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Zacks Investment Research

Home Depot (HD) Ascends While Market Falls: Some Facts to Note

In the closing of the recent trading day, Home Depot (HD) stood at $353.29, denoting a +0.85% change from the preceding trading day.

Home Depot (HD) Ascends While Market Falls: Some Facts to Note

Market Turmoil: 12 Blue-Chips To Buy If The Market Keeps Dropping

The market has been running hot in 2024, with S&P 500 up 13.9% year-to-date. Market experienced its first 2% or more pullback in 356 trading days, yesterday. Investors should be cautious with earnings season in full-swing amidst sky-high expectations and lofty valuations.

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The Motley Fool

3 High-Yielding Dividend Stocks That Can Help Bankroll Your Retirement Years

Abbott's diverse business and low beta value make it one of the safest dividend stocks you can own. Home Depot doesn't expect much growth this year, but that likely won't remain a long-term problem.

3 High-Yielding Dividend Stocks That Can Help Bankroll Your Retirement Years

The Motley Fool

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Coca-Cola offers a high dividend yield and isn't short of growth opportunities. Home Depot is going after a $1 trillion addressable market that can reward shareholders with years of dividend growth.

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The Motley Fool

3 Stocks That Could Be Easy Wealth Builders

The Home Depot is a retail juggernaut with room to grow. Coca-Cola can grow in a variety of ways.

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Stock plays to consider amid consumer weakness: Portfolio manager

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As the Dollar Stays Strong, These 3 Stocks Will Shine

DIY Your Way To Retirement: Why Home Depot Remains A Go-To Dividend Pick

Home Depot's robust business model and wide economic moat make it a resilient long-term investment, despite recent economic headwinds impacting sales. Strategic investments in pro contractors and an omnichannel approach position HD for future growth, particularly as building maintenance demand rises. Consistent dividend growth, share buybacks, and a strong balance sheet highlight Home Depot's commitment to returning value to shareholders amidst market fluctuations.

DIY Your Way To Retirement: Why Home Depot Remains A Go-To Dividend Pick

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