National Pension Service Boosts Stake in Home Depot Amid Strong Performance
The National Pension Service (NPS) has increased its holdings in The Home Depot, Inc. (NYSE:HD), purchasing an additional 53,737 shares during the second quarter. This brings NPS's total ownership to 2,243,280 shares, representing a 2.5% increase from the previous quarter.
The value of NPS's stake in Home Depot is approximately $791,160,000, accounting for 0.22% of the company's outstanding shares. This move by NPS comes as Home Depot continues to perform well, with its revenue up 5.7% year-over-year and a net margin of 8.41%. The company has also set its FY 2026 guidance at $14.69-15.28 EPS.
Other institutional investors have also been actively buying shares of Home Depot, including Parvin Asset Management LLC, Zeit Capital LLC, Advocate Investing Services LLC, Cache Advisors LLC, and Imprint Wealth LLC. The majority of the company's stock is owned by institutional investors, with 70.86% held in this category.