Transamerica Financial Advisors Acquires Home Depot Stake Amidst Strong Quarterly Results
Transamerica Financial Advisors LLC has purchased a new stake in The Home Depot, Inc. (NYSE:HD), valued at approximately $2,180,000 for 6,181 shares. This is not the only recent addition to Home Depot's portfolio, as BlackRock Inc. also acquired a new position worth $28,771,247,000.
The financial news comes amidst The Home Depot's latest quarterly results, which exceeded analysts' expectations with earnings of $4.92 per share and revenue of $47.86 billion, up 5.7% year over year. The company has set its FY 2026 guidance at 14.690-15.278 EPS.
The Home Depot has also announced a quarterly dividend of $2.33 per share on September 17 to shareholders of record on September 3, representing an annualized dividend and yield of approximately 9.32% and 2.8%, respectively.