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Meiji Yasuda Buys $15.4M Stake in Home Depot Stock

Guavy AI Editorial Team
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Meiji Yasuda Asset Management Co Ltd acquired 43,761 shares of The Home Depot's stock in the second quarter, valued at approximately $15.4 million.

This represents a new position for Meiji Yasuda Asset Management Co Ltd in The Home Depot, making it the company's 28th biggest holding, accounting for around 0.7% of its investment portfolio.

The acquisition is just one of several recent investments made by institutional investors in The Home Depot, with other notable buyers including Gator Capital Management LLC and E Fund Management Co. Ltd., which have all reported purchasing new stakes in the company's stock this year.

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