Home Depot Slips to 65th in Trading Volume as $989 Million Turnover Marks 276% Decline

On June 24, 2025, The Home Depot, Inc. (HD) experienced a significant decline in trading volume, with a total turnover of $989 million, marking a 27.6% decrease from the previous day. This placed HD at the 65th position in terms of trading volume among all stocks for the day. The stock price of Home Depot, Inc. (HD) has been on a rollercoaster ride, with recent fluctuations influenced by various market dynamics and company-specific developments.

One of the key factors contributing to the recent volatility in HD's stock price is the reported takeover bid for GMS. This acquisition attempt has sparked considerable interest and speculation among investors, potentially driving up the stock price. The bid, which was submitted earlier this week, is valued at $5 billion, indicating a significant investment in the home improvement sector.

Despite the recent fluctuations, Home Depot continues to demonstrate resilience in a challenging real estate market. The company's first-quarter fiscal results for 2025 showed a 9.4% year-over-year increase in sales, although comparable sales declined. This suggests that the growth is primarily driven by the opening of new stores rather than increased sales at existing locations. Additionally, earnings per share dropped from $3.63 last year to $3.45 this year, reflecting the economic pressures faced by the company.

Investors who are considering Home Depot as a long-term investment should note the company's strong dividend history. Home Depot has consistently raised its dividend annually for the past 15 years, with an increase of 290% over the last decade. This makes it an attractive option for those seeking reliable passive income. To generate $500 in annual dividends at the current price, an investor would need to own 218 shares, valued at approximately $76,300.