AFT Forsyth & Company Inc. Buys New Stake in Home Depot Worth $1.9 Million

AFT Forsyth & Company Inc., a financial firm, acquired a new stake in Home Depot, Inc. (NYSE: HD) worth $1,896,000. The company bought 5,377 shares of Home Depot's stock in the second quarter, making it their 18th biggest position, which accounts for 0.9% of AFT Forsyth & Company Inc.'s holdings.

This is not an isolated incident; several other hedge funds and institutional investors have also recently increased or decreased their stakes in Home Depot during the same period. For instance, Brighton Jones LLC raised its position by 36.5%, while Schnieders Capital Management LLC. increased its stake by 14.1%.

The latest earnings results from Home Depot showed that the company reported $4.92 EPS for the quarter, exceeding analysts' expectations of $4.73. The revenue was also higher than expected at $47.86 billion compared to $47.24 billion.