Family Legacy Inc. Buys New Position in Home Depot

Family Legacy Inc., an investment firm, has taken a new position in The Home Depot, Inc. (NYSE:HD) by buying 15,085 shares of the company's stock during the second quarter. The purchase was worth approximately $5,320,000 and accounts for about 1.4% of Family Legacy Inc.'s investment portfolio.

This is not the only recent change in Home Depot's ownership structure. Other institutional investors and hedge funds have also made adjustments to their positions in HD. Gator Capital Management LLC bought a new stake in shares of Home Depot in the fourth quarter valued at about $3,693,000. King Luther Capital Management Corp increased its holdings in Home Depot by 0.6% during the same period.

Home Depot's quarterly earnings report for August 18th showed solid execution, with earnings and revenue exceeding consensus estimates. The company reported a net margin of 8.41% and a return on equity of 106.42%. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS.