Trillium Asset Management Invests $27.37 Million in The Home Depot

Trillium Asset Management LLC has invested $27.37 million in The Home Depot, Inc. (NYSE:HD) by purchasing 77,614 shares of its stock during the second quarter.

This is not an isolated instance, as other large investors have also increased their stakes in the company. Brighton Jones LLC boosted its position in Home Depot by 36.5% in the fourth quarter, while Sivia Capital Partners LLC lifted its stake by 7.1% during the same period.

Home Depot has shown resilience despite a frozen housing market, with analysts remaining generally constructive on the stock. The company's recent quarterly results beat expectations, and it may benefit disproportionately when housing and remodeling demand recover.