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Johnson Financial Group Invests in Home Depot with $4.79 Million Stake

Guavy AI Editorial Team
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HD
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Johnson Financial Group Inc. has invested in The Home Depot, Inc. (NYSE:HD) by acquiring 13,578 shares of the home improvement retailer's stock during the second quarter.

The total value of this investment is approximately $4,789,000, according to a recent filing with the Securities and Exchange Commission.

This acquisition marks a new position for Johnson Financial Group Inc. in The Home Depot's stock.

The home improvement retailer reported fiscal second-quarter revenue of $47.86 billion, up 5.7% year over year and exceeding consensus estimates.

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