Home Depot Slips to 61st in Trading Volume Despite 2.08% Stock Gain

On June 23, 2025, The Home Depot, Inc. (HD) recorded a trading volume of $10.17 billion, marking a 63.49% decrease from the previous day. This placed HD at the 61st position in terms of trading volume for the day. The stock price of HD increased by 2.08%, marking the second consecutive day of gains, with a total increase of 2.84% over the past two days.

Analysts have been highlighting the company's dividend strength and margin momentum, contributing to the positive sentiment surrounding HD's stock. JPMorgan Chase & Co. recently raised their price target for HD from $410.00 to $418.00, maintaining an "overweight" rating. This move reflects the firm's confidence in HD's future performance.

Truist has also reiterated its buy rating on HD, citing the expected acceleration in U.S. housing demand and HD's strategic positioning within the market. This positive outlook from major financial institutions has likely influenced investor sentiment, contributing to the recent gains in HD's stock price.