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Callan Family Office Invests in Home Depot Amid Record Sales Growth

Guavy AI Editorial Team
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HD
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Callan Family Office LLC has invested in The Home Depot, Inc. (NYSE:HD) by purchasing a new stake of 24,564 shares valued at approximately $8,663,000.

This is not the only institutional investment in Home Depot; BlackRock Inc., Norges Bank, and Bank of New York Mellon Corp have also bought new stakes in the company's stock.

The Home Depot reported a record sales growth of 5.7% year over year with adjusted earnings of $4.92 per share exceeding analyst consensus estimates of $4.73 per share.

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