Sumitomo Mitsui Trust Group Reduces $49M in The Home Depot, Inc. ($HD)
Key Points
- Sumitomo Mitsui Trust Group changed its The Home Depot, Inc. ($HD) stake by 5.9% last quarter, cutting to 2,385,787 shares worth $777.84 million.
- Wall Street's consensus rating on $HD is Buy and an average price target of $370.18.
- $HD last traded around $326.03.
Sumitomo Mitsui Trust Group trimmed its position in The Home Depot, Inc. ($HD) by 5.9% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,385,787 shares of The Home Depot, Inc. after selling 149,936 shares during the quarter. Sumitomo Mitsui Trust Group's holdings in The Home Depot, Inc. were worth $777.84 million as of its most recent filing.
The Home Depot, Inc. ($HD) Stock
The Home Depot, Inc. Earnings
The Home Depot, Inc. Dividend
Analysts Set New Price Targets
About The Home Depot, Inc.
The Home Depot, Inc. operates as a home improvement retailer in the United States and internationally. It sells various building materials, home improvement products, lawn and garden products, and décor products, as well as facilities maintenance, repair, and operations products. The company also offers installation services for flooring, water heaters, baths, garage doors, cabinets, cabinet makeovers, countertops, sheds, furnaces and central air systems, windows, and window coverings. In addition, it provides tool and equipment rental services. The company serves consumers, such as do-it-yourself homeowners and do-it-for-me customers; and professional renovators/remodelers, general contractors, homebuilders, maintenance professionals, handymen, property managers, building service contractors and specialty tradespeople, such as electricians, landscapers, insulation installers, plumbers, painters, pool contractors, roofers, and wallboard and ceiling installers. It sells its products through websites and its mobile applications, including homedepot.com; homedepot.ca and homedepot.com.mx; blinds.com, justblinds.com, and americanblinds.com for custom window coverings; constructionresourcesusa.com or design-oriented surfaces, appliances, and architectural specialty products; thecompanystore.com, an online site for textiles and décor products; hdsupply.com for maintenance, repair, and operations products and related services; and srsdistribution.com, heritagelandscapesupplygroup.com, heritagepoolsupplygroup.com, and gms.com for roofing and building materials, landscape, and pool products; and The Home Depot stores. The Home Depot, Inc. was incorporated in 1978 and is headquartered in Atlanta, Georgia.
See Also
This instant news alert was generated by automated narrative technology and financial data from Opentrades and public regulatory filings. It is for informational purposes only and is not financial advice.