Bank of America Securities analyst Robert F. Ohmes maintained a Buy rating on Home Depot HD with a price target of $450 on Tuesday.Ohmes noted that Home Depot announced plans for SRS Distribution to acquire GMS Inc GMS for $110 per share or ~$4.3 billion (an implied EV of ~$5.5 billion).The analyst said GMS is a leading distributor of specialty building products, including drywall, ceilings, and steel framing, in both residential and commercial markets.Also Read: Home Depot’s Distribution Arm Expands With $ ...

Last year, Home Depot acquired SRS Distribution, a distributor for roofing firms and construction projects.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.Now, SRS is conducting an acquisition of its own, buying sp ...

Worthington Enterprises (WOR) Q3 2025 Earnings Call March 26, 2025 08:30 AM ET Company Participants Marcus Rogier - IR & TreasurerJoseph B. Hayek - President and CEOColin Souza - VP & CFOKathryn Thompson - Founding Partner & CEODaniel Moore - Partner - Director of Research Conference Call Participants Charles Perron-Piché - AnalystBrian McNamara - MD & Senior Analyst - ConsumerWalter Liptak - Industry Analyst Operator Good morning, and welcome to the Worthington Enterprises Third Quarter Fiscal twenty twent ...