Caisse de depot et placement du Quebec Buys into The Home Depot
The Caisse de depot et placement du Quebec has acquired a new stake in The Home Depot, Inc. (NYSE:HD), purchasing 463,944 shares of its stock valued at approximately $163,624,000 during the second quarter.
This acquisition was made public through a disclosure with the Securities and Exchange Commission, which also revealed that several other institutional investors have recently bought or sold shares of The Home Depot's stock. BlackRock Inc. purchased a new stake worth around $28,771,247,000 in the same quarter, while Norges Bank acquired a new position valued at approximately $4,850,329,000 during the fourth quarter.
The Home Depot has reported strong earnings with $4.92 EPS for its latest quarter, beating analyst estimates of $4.73 by $0.19. The company's revenue was up 5.7% compared to the same period last year and it has set its FY 2026 guidance at 14.690-15.278 EPS.