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Kimelman & Baird LLC Buys New Stake in The Home Depot

Guavy AI Editorial Team
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Kimelman & Baird LLC, an institutional investor, acquired 116,890 shares of The Home Depot's stock in its second-quarter filing with the Securities and Exchange Commission. This new stake is valued at approximately $41,225,000.

Home Depot accounts for 2.2% of Kimelman & Baird LLC's investment portfolio, making it the company's 19th largest holding. The institutional investor also owns shares in other companies.

This news comes as the home improvement retailer reported its earnings results on August 18th, beating analysts' estimates with $4.92 earnings per share for the quarter. Revenue was up 5.7% compared to the same quarter last year.

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