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Home Depot Attracts Institutional Investors Despite Earnings Beat

Guavy AI Editorial Team
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HD
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In the second quarter, Insight Wealth Strategies LLC increased its stake in Home Depot (NYSE:HD) by 34.7% to 21,512 shares, valued at $7,547,000.

This is not an isolated incident; multiple institutional investors have been buying into Home Depot during this period.

Norges Bank acquired a new position in Home Depot in the fourth quarter, while Wellington Management Group LLP lifted its holdings by 60.8% to 10,143,089 shares.

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