Texas Capital Bank Acquires New Holdings in Home Depot
Texas Capital Bank Wealth Management Services Inc has acquired new holdings in The Home Depot, Inc. (NYSE:HD) worth around $10.56 million. This represents a 0.6% stake in Texas Capital Bank's portfolio.
The purchase was made in the second quarter of this year, as reported by the company to the SEC. Other institutional investors have also taken positions in Home Depot, with BlackRock Inc acquiring a new stake worth $28.77 billion and Norges Bank acquiring a new stake valued at approximately $4.85 billion.
The acquisition comes as Home Depot's quarterly earnings beat expectations, reporting $4.92 EPS for the quarter. The company has also set its FY 2026 guidance at 14.69-15.28 EPS.