Home DepotHD
Market Cap: $357B
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
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
12% more repeat investments, than reductions
Existing positions increased: 1,551 | Existing positions reduced: 1,382
1.14% less ownership
Funds ownership: 71.87% [Q1] → 70.73% (-1.14%) [Q2]
1% less funds holding
Funds holding: 3,558 [Q1] → 3,513 (-45) [Q2]
10% less call options, than puts
Call options by funds: $3.18B | Put options by funds: $3.55B
11% less capital invested
Capital invested by funds: $272B [Q1] → $242B (-$30.8B) [Q2]
20% less first-time investments, than exits
New positions opened: 185 | Existing positions closed: 230
34% less funds holding in top 10
Funds holding in top 10: 230 [Q1] → 151 (-79) [Q2]
Research analyst outlook
13 Wall Street Analysts provided 1 year price targets over the past 3 months
13 analyst ratings
DA Davidson Michael Baker 63% 1-year accuracy 20 / 32 met price target | 19%upside $430 | Buy Maintained | 3 Sept 2024 |
RBC Capital Steven Shemesh 61% 1-year accuracy 27 / 44 met price target | 1%upside $363 | Sector Perform Maintained | 14 Aug 2024 |
Loop Capital Laura Champine 52% 1-year accuracy 11 / 21 met price target | 8%downside $330 | Hold Maintained | 14 Aug 2024 |
Truist Securities Scot Ciccarelli 62% 1-year accuracy 56 / 90 met price target | 10%upside $395 | Buy Maintained | 14 Aug 2024 |
UBS Michael Lasser 58% 1-year accuracy 18 / 31 met price target | 18%upside $425 | Buy Maintained | 14 Aug 2024 |
Financial journalist opinion
Based on 102 articles about HD published over the past 30 days