Are you searching for interesting facts and information about Home Depot? Do you want to know who owns most of Home Depot? Keep reading to see all the answers to your questions.
Home Depot is a well-known retail store in the United State because of its reputation for producing high-quality products and tools.
Because of their wide coverage all over the United States, they have about 2,200 stores with over 11,000 staff in the United States, Canada, and Mexico.
Apart from selling high-quality products, their products are affordable for customers to purchase. In addition, they have their goods in stores and also online.
This allows a customer to buy products from their comfort and Home Depot will get the products delivered to them. Also, Home Depot is known to be a publicly traded company, which means that it is owned by a large number of shareholders.
Who Owns Most of Home Depot?
The question of who owns most of Home Depot has been on a lot of People’s minds. As earlier stated Home Depot is not a family company, rather it is a publicly-traded company. This means that it is owned by a large number of shareholders.
Interestingly, on December 31, 2021, The Vanguard Group held about 7.59% of Home Depot’s outstanding shares. Their shares made them the largest institutional shareholder of the company.
Also, another large institutional shareholder of Home Depot is BlackRock, Inc. This company is a global investment management company that manages over $10 trillion in assets.
Interestingly, BlackRock, Inc holds about 6.59% of Home Depot’s outstanding shares. BlackRock, Inc has been one of the largest contributors to Home Depot’s growth and investment.
In addition, another company that owns Home Depot is State Street Corporation, they have 4.65% of Home Depot’s outstanding shares.
Also, this company is a financial services company that provides investment management, research, and trading services.
In addition, other minor companies have a share in Home Depot, some of them include Capital World Investors, Wellington Management Company, and Fidelity Management & Research Company.
To wrap up this article, Home Depot is supported and sponsored by different companies. These companies have contributed to the growth and development of Home Depot.