Westpac Banking Corp Puts $1.27 Million into Home Depot Amid Retailer's Strong Quarter

Westpac Banking Corp has invested $1.27 million in The Home Depot, Inc. (NYSE:HD) by purchasing 3,604 shares during the second quarter, according to a recent Form 13F filing with the Securities and Exchange Commission.

This is not the only institution investing in HD; other notable investors include Advocate Investing Services LLC, Zeit Capital LLC, Parvin Asset Management LLC, Cache Advisors LLC, and Merkkuri Wealth Advisors LLC.

Home Depot recently reported its fiscal second-quarter sales of $47.86 billion, a 5.7% year-over-year increase, exceeding analyst estimates. The company's adjusted earnings per share of $4.92 also beat the consensus estimate of $4.73.