In this piece, we will take a look at the five biggest hardware companies in the world. For more companies, head on over to 16 Biggest Hardware Companies in the World.
5. DuPont de Nemours, Inc. (NYSE:DD)
Market Capitalization as of December 18, 2022: $33.5 billion
DuPont de Nemours, Inc. (NYSE:DD) is an American specialty chemicals company that is headquartered in Wilmington, Delaware. Some of its hardware products include adhesives for car manufacturers, surfacing materials and insulating foam sealants for construction firms, air filtration, air purification, water filtration, greases, textiles, and more for the general consumer.
By the end of this year’s third quarter, 45 of the 920 hedge funds polled by Insider Monkey had bought DuPont de Nemours, Inc. (NYSE:DD)’s shares.
DuPont de Nemours, Inc. (NYSE:DD)’s largest shareholder in our database is David S. Winter and David J. Millstone’s 40 North Management which owns 6.6 million shares that are worth $336 million.
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4. Wesfarmers Limited (ASX:WES.AX)
Market Capitalization as of December 18, 2022: $35.68 billion (1AUD = 0.67USD)
Wesfarmers Limited (ASX:WES.AX) is an Australian firm that was set up in 1914 and is headquartered in Perth, Australia. It is primarily a retailer that was set up in 1914 and is headquartered in Perth, Australia. The company sells products primarily to customers in Australia and New Zealand, and it has several divisions that sell products such as home improvement, gardening supplies, hardware, groceries, chemicals, and fertilizers. The home improvement and hardware division offers products under the Bunnings and Officeworks brands.
3. The Sherwin-Williams Company (NYSE:SHW)
Market Capitalization as of December 18, 2022: $62 billion
The Sherwin-Williams Company (NYSE:SHW) is an American firm that was set up in 1866. It primarily sells paints and coatings under its consumer divisions through a wide variety of different brands. The firm has more than four thousand stores in the U.S., Canada, Latin America, and the Caribbean. However, as a whole, The Sherwin-Williams Company (NYSE:SHW) operates in 120 countries, since it also sells industrial paints and coatings to different sectors such as aerospace, automotive manufacturing, and packaging.
Insider Monkey’s Q3 2022 survey of 920 hedge funds revealed that 63 had bought The Sherwin-Williams Company (NYSE:SHW)’s shares.
The Sherwin-Williams Company (NYSE:SHW)’s largest investor is Daniel Sundheim’s D1 Capital Partners which owns 1.9 million shares that are worth $409 million.
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2. Lowe’s Companies, Inc. (NYSE:LOW)
Market Capitalization as of December 18, 2022: $123 billion
The Lowe’s Companies, Inc. (NYSE:LOW) is a retailer that sells construction and home improvement products. The firm is one of the largest hardware chain store brands in the world, standing alongside giants such as Home Depot. The scale of its operations can be recognized from the fact that Lowe’s Companies, Inc. (NYSE:LOW) processes more than 19 million transactions per week and has more than 300,000 associates in both the U.S. and Canada. Some products that are available in its stores are home improvement products, gardening equipment, and tools.
By the end of this year’s third quarter, 61 of the 920 hedge funds polled by Insider Monkey had invested in Lowe’s Companies, Inc. (NYSE:LOW).
Out of these, Bill Ackman’s Pershing Square is Lowe’s Companies, Inc. (NYSE:LOW)’s largest shareholder. It owns 10 million shares that are worth $1.9 billion.
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1. The Home Depot, Inc. (NYSE:HD)
Market Capitalization as of December 18, 2022: $326 billion
The Home Depot, Inc. (NYSE:HD) is one of the, if not the, largest hardware retailers in the world. The company operates primarily in the U.S., Canada, Mexico. It has more than 500,000 associates across its locations and sells more than one million products through 2,300 stores and online retailing. Some of the products sold by The Home Depot, Inc. (NYSE:HD) include home improvement supplies, garden products, flooring, and cabinets.
Insider Monkey studied 920 hedge fund portfolios for this year’s September quarter to discover that 89 had invested in The Home Depot, Inc. (NYSE:HD).
The Home Depot, Inc. (NYSE:HD)’s largest investor in our database is Ken Fisher’s Fisher Asset Management which owns 8.1 million shares that are worth $2.2 billion.
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Disclosure: None. You can also take a peek at 15 Stocks That Members of Congress Own and 10 Best Tobacco Stocks To Buy.
