Home Depot Slips to 41st in Trading Volume Despite 3.59% Stock Price Surge

On March 24, 2025, The Home Depot, Inc. (HD) recorded a trading volume of $14.52 billion, marking a 49.65% decrease from the previous day. This placed HD at the 41st position in terms of trading volume for the day. The stock price of HD increased by 3.59%.

Piper Sandler adjusted its price target for Home Depot shares from $435.00 to $418.00, maintaining an "overweight" rating on the stock in a report released on Monday. This adjustment reflects the analysts' confidence in the company's long-term prospects despite recent market fluctuations.

Home Depot's strategic acquisitions, such as Interline Brands in 2015 and HD Supply in 2020, have significantly expanded its presence in the Maintenance, Repair, and Operations (MRO) business. These acquisitions have positioned Home Depot as a key player in the industry, enhancing its market reach and operational capabilities.

M Holdings Securities Inc. recently disclosed a new investment in The Home Depot, Inc. during the fourth quarter. This investment underscores the growing interest from institutional investors in Home Depot's stock, further bolstering market confidence in the company's future performance.