Goldman Sachs Value Stocks: Top 12 Stock Picks

8. The Home Depot, Inc. (NYSE:HD)

Goldman Sachs’ Q4 2024 Stake Value: $2,223,163,256

P/E Ratio as of April 11: 22.47

Number of Hedge Fund Holders: 88

The Home Depot, Inc. (NYSE:HD) is an American home improvement retailer that sells building supplies, garden tools, home decor, and more. It is one of the best Goldman Sachs value stocks to consider, with the firm holding a $2.2 billion stake in HD. On April 10, UBS maintained a Buy rating on the stock with a price target of $475. After meeting with the company’s leadership, UBS remains optimistic about the future and believes the company can get back to steady earnings growth in the coming years.

On February 25, The Home Depot, Inc. (NYSE:HD) announced a $2.30 per share quarterly dividend, a 2.2% increase from its prior dividend of $2.25. The dividend was distributed on March 27, to shareholders of the company as of March 13. This is the 152nd consecutive quarter the company has paid a cash dividend. The Home Depot, Inc. (NYSE:HD)’s Q4 2024 sales came in at $39.7 billion, up 14.1% from the prior-year quarter. Net earnings for the fourth quarter stood at $3 billion or $3.02 per diluted share, compared to $2.8 billion in the same quarter last year.

According to Insider Monkey’s fourth quarter database, 88 hedge funds were bullish on The Home Depot, Inc. (NYSE:HD), compared to 82 funds in the preceding quarter. Ken Fisher’s Fisher Asset Management was the leading stakeholder of the company, with 9.5 million shares valued at $3.71 billion.