Home Depot (HD)

• Market cap: $357B
• 1 day: 0.90%
• 5 days: 3.18%
• 1 month: -1.14%
• 3 months: -13.24%
• 6 months: -10.69%
• Year to date: -7.42%
• 1 year: 8.00%
• 5 years: 69.50%
• 10 years: 216.31%
• Sector: Consumer Discretionary
• Industry: Home Improvement Retail

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 US, Canada, and Mexico. Its stores offer 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 Interline Brands in 2015 allowed Home Depot to enter the MRO business, which has been expanded through the tie-up with HD Supply (2020). The additions of the Company Store brought textiles to the lineup, and the 2024 tie-up with SRS will help grow professional demand in roofing, pool and landscaping projects.

Employees: 470,100

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

324% more first-time investments, than exits

New positions opened: 458 | Existing positions closed: 108

7% more funds holding

Funds holding: 3,690 [Q3] → 3,950 (+260) [Q4]

6% more repeat investments, than reductions

Existing positions increased: 1,581 | Existing positions reduced: 1,491

0.89% more ownership

Funds ownership: 70.21% [Q3] → 71.1% (+0.89%) [Q4]

0% less capital invested

Capital invested by funds: $278B [Q3] → $277B (-$855M) [Q4]

13% less funds holding in top 10

Funds holding in top 10: 219 [Q3] → 191 (-28) [Q4]

14% less call options, than puts

Call options by funds: $4.36B | Put options by funds: $5.06B

Research analyst outlook

10 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $391 9% upside
• Avg. target: $436 21% upside
• High target: $475 32% upside

10 analyst ratings

• positive: 9 90%
• neutral: 1 10%
• negative: 0 0%

Truist Securities Scot Ciccarelli 45% 1-year accuracy 27 / 60 met price target	9% upside $391	Buy Maintained	8 Apr 2025
Piper Sandler Peter Keith 33% 1-year accuracy 16 / 48 met price target	16% upside $418	Overweight Maintained	24 Mar 2025
Baird Peter Benedict 35% 1-year accuracy 7 / 20 met price target	20% upside $430	Outperform Maintained	26 Feb 2025
RBC Capital Steven Shemesh 52% 1-year accuracy 24 / 46 met price target	18% upside $424	Sector Perform Maintained	26 Feb 2025
Guggenheim Steven Forbes 38% 1-year accuracy 9 / 24 met price target	25% upside $450	Buy Reiterated	26 Feb 2025