Kirtland Hills Capital Management Buys New Holdings in Home Depot
Kirtland Hills Capital Management LLC recently acquired a new stake in The Home Depot, Inc. (NYSE:HD), purchasing 3,525 shares valued at approximately $1,243,000.
This is not an isolated instance of institutional investment; several other large investors have also added to or reduced their stakes in HD. Curio Wealth LLC raised its holdings in shares of Home Depot by 13.5% during the fourth quarter, and Moneco Advisors LLC boosted its holdings in Home Depot by 0.3% during the same period.
The Home Depot has been experiencing a turnaround, with fiscal second-quarter sales reaching $47.86 billion, up 5.7% year over year, and adjusted earnings of $4.92 per share exceeding analyst estimates of $4.73.