Home Improvement Retailer Home Depot Sees Another Major Investor

1ST Source Bank has made a new investment in The Home Depot, Inc. ($HD), acquiring 20,297 shares of the company's stock valued at approximately $7,158,000.

The acquisition was disclosed in the company's most recent Form 13F filing with the SEC, which also revealed that institutional investors and hedge funds own 70.86% of Home Depot's stock.

Home Depot recently reported quarterly earnings that beat analysts' estimates, with revenue increasing by 5.7% year-over-year and net margin reaching 8.41%. The company has set its FY 2026 guidance at 14.690-15.278 EPS, which is expected to be $14.99 for the current fiscal year.

In related news, Home Depot's CFO Richard V. Mcphail sold 5,989 shares of the company's stock on August 19th, reducing his ownership by 11.07% and worth approximately $2.1 million.