Home Depot (HD) Gains $353M Bill Gates Investment Amid Risks

The Bill & Melinda Gates Foundation Trust disclosed a new position in Home Depot (HD) valued at approximately $353 million during Q2. Currently, HD's stock has decreased by about 15% over the past year due to high mortgage rates and inflation pressures affecting home construction and renovation projects. Home Depot anticipates fiscal 2026 comparable-sales growth to be between 0% and 2%, down from 0.3% in 2025. The company expects its adjusted operating margin to decline to between 12.4% and 12.6%, compared to 13.1% last year, despite trading at about 23 times forward earnings.