Who owns most of Home Depot stock?
Largest shareholders include Vanguard Group Inc, BlackRock Inc., State Street Corp, Capital World Investors, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, VFINX - Vanguard 500 Index Fund Investor Shares, Geode Capital Management, Llc, Morgan Stanley, Capital Research Global Investors, and Bank Of ...
The company's largest shareholder is The Vanguard Group, Inc., with ownership of 8.9%. With 6.7% and 5.7% of the shares outstanding respectively, BlackRock, Inc. and Capital Research and Management Company are the second and third largest shareholders.
Home Depot is mainly owned by institutional investors, who own around 70% of shares. The largest shareholders in December 2023 were: The Vanguard Group (9.49%) BlackRock (7.15%)
| Holder | Shares | Date Reported |
|---|---|---|
| Vanguard Group Inc | 94,466,878 | Dec 30, 2023 |
| Blackrock Inc. | 71,126,189 | Dec 30, 2023 |
| State Street Corporation | 43,304,478 | Dec 30, 2023 |
| Capital World Investors | 38,388,024 | Dec 30, 2023 |
The ownership structure of Lowe's (LOW) stock is a mix of institutional, retail and individual investors. Approximately 40.03% of the company's stock is owned by Institutional Investors, 0.96% is owned by Insiders and 59.01% is owned by Public Companies and Individual Investors.
Largest shareholders include Vanguard Group Inc, BlackRock Inc., State Street Corp, Capital World Investors, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, VFINX - Vanguard 500 Index Fund Investor Shares, Geode Capital Management, Llc, Morgan Stanley, Capital Research Global Investors, and Bank Of ...
In 2023, Home Depot's annual sales amounted to over 152 billion U.S. dollars, whereas its main competitor, Lowe's, reached more than 86 billion U.S. dollars of sales.
We note that hedge funds don't have a meaningful investment in Lowe's Companies. The Vanguard Group, Inc. is currently the company's largest shareholder with 8.9% of shares outstanding.
Two of these are the co-founders of Home Depot, Bernard Marcus, whose net worth rose from $4.6 billion to nearly $7.03 billion, and Arthur Blank, whose net worth rose from $4.6 billion to over $5.7 billion.
Bernie Marcus and Arthur Blank dreamed up The Home Depot from a coffee shop in Los Angeles in 1978. Avid DIYers, they envisioned a superstore that would offer a huge variety of merchandise at great prices and with a highly trained staff.
What company did Home Depot buy out?
The Home Depot Announces Agreement to Acquire SRS Distribution, a Leading Specialty Trade Distributor Across Multiple Verticals; Expands Offering and Capabilities for Pro Customers; Increases Total Addressable Pro Market by Approximately $50 Billion.
To make Home Depot a reality, Blank and Marcus were joined by Ken Langone and Pat Farrah, who co-founded and invested in Home Depot, according to the company website. The first two Home Depot stores opened in Atlanta in 1979.
Earnings per share: $2.82 vs. $2.77 expected. Revenue: $34.79 billion vs. $34.64 billion expected.
2024-01-26 - BlackRock Inc. has filed an SC 13G/A form with the Securities and Exchange Commission (SEC) disclosing ownership of 39,882,058 shares of Lowe's Companies, Inc. (US:LOW). This represents 6.9 percent ownership of the company.
3, 2023 /PRNewswire/ -- Sycamore Partners, a private equity firm specializing in retail, consumer, and distribution-related investments, today announced that it has completed its acquisition of Lowe's Canadian retail business, which will now operate under the name RONA inc.
No, Lowe's and Walmart are not owned by the same company. Lowe's is an American home improvement retailer that operates a chain of stores across the United States and Canada. The company is publicly traded and is not owned by any other company.
BlackRock is publicly owned, with its shares held by various shareholders, including institutional investors like Vanguard Group and State Street Corporation and individual shareholders.
The Home Depot is proud to be recognized on Fortune's 2024 Most Admired Companies List. The company ranked #1 in the specialty retail category for the second year in row and #19 overall, moving up one spot from the previous year.
Vanguard is owned by its member funds, which in turn are owned by fund shareholders.
Home Depot tends to have a wider variety of exclusive products sold for slightly lower prices on average, while Lowe's brands seem to be more focused on stocking high-quality tools that first-time DIYers often require.
Is it better to work at Lowes or Home Depot?
Home Depot ranks far higher (#59) on Forbes' 2023 list of the world's best employers than Lowe's(#323).
The Winner: Home Depot
While Home Depot stock is ever-so-slightly more expensive than Lowe's stock on a price-to-earnings basis, its stronger financial position and higher dividend yield make it the better choice to invest in right now.
Lowe's CEO, Marvin Ellison, had a compensation of $17.5m in 2022, while the median worker pay was $29,584 for the year. CEOs of the “low-wage 100” who had been at their company from at least 2019 until 2022 saw their personal stock holdings increase 33% during those three years, growing an average of $184.7m.
Lowe's Companies' CEO is Marvin Ellison, appointed in Jul 2018, has a tenure of 5.75 years. total yearly compensation is $17.47M, comprised of 8.3% salary and 91.7% bonuses, including company stock and options. directly owns 0.046% of the company's shares, worth $59.76M.
With hopes of becoming a national chain, Carl Buchan becomes the sole owner of Lowe's, ending his joint ownership with Jim Lowe. The Lowe's name, however, remains.
