Home Depot
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: 471,600
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
308% more first-time investments, than exits
New positions opened: 445 | Existing positions closed: 109
7% more funds holding
Funds holding: 3,687 [Q3] → 3,929 (+242) [Q4]
5% more repeat investments, than reductions
Existing positions increased: 1,573 | Existing positions reduced: 1,492
0.19% less ownership
Funds ownership: 71.33% [Q3] → 71.14% (-0.19%) [Q4]
2% less capital invested
Capital invested by funds: $284B [Q3] → $279B (-$4.72B) [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
10 analyst ratings
Piper Sandler Peter Keith 38% 1-year accuracy 18 / 48 met price target | 17%upside $418 | Overweight Maintained | 24 Mar 2025 |
Baird Peter Benedict 26% 1-year accuracy 5 / 19 met price target | 20%upside $430 | Outperform Maintained | 26 Feb 2025 |
RBC Capital Steven Shemesh 53% 1-year accuracy 24 / 45 met price target | 18%upside $424 | Sector Perform Maintained | 26 Feb 2025 |
Guggenheim Steven Forbes 46% 1-year accuracy 11 / 24 met price target | 26%upside $450 | Buy Reiterated | 26 Feb 2025 |
Wedbush Seth Basham 54% 1-year accuracy 67 / 123 met price target | 23%upside $440 | Outperform Reiterated | 26 Feb 2025 |
Financial journalist opinion
Based on 43 articles about HD published over the past 30 days
