New Mexico Educational Retirement Board Boosts Stake in Home Depot

The New Mexico Educational Retirement Board has increased its stake in Home Depot by purchasing an additional 4,000 shares of the company's stock during the second quarter. This brings their total holdings to 49,492 shares worth $17,455,000.

Home Depot reported a quarterly earnings per share (EPS) of $4.92, beating analyst expectations of $4.73. The company also saw revenue increase by 5.7% year over year to $47.86 billion.

The New Mexico Educational Retirement Board is not the only institution that has increased its stake in Home Depot during the second quarter. Other notable investors include Royal London Asset Management Ltd., Mufg Securities Americas Inc., Braun Stacey Associates Inc., Tandem Capital Management Corp ADV, and Field & Main Bank.