Over the past few days, there have been several developments concerning
Home Depot (HD) stock. Among these are sales of shares by several investors and companies, leading to discussions about whether now is the right time to invest or sell. For instance,
Truist is reconsidering its position on HD stock following a preview of its second quarter results, while financial institutions such as
GKV Capital Management Co. Inc,
Gulf International Bank UK Ltd, and
Russell Investments Group Ltd have all reduced their stakes. However, there's also significant buying and boosting of positions in HD by entities like
National Pension Service,
Vestmark Advisory Solutions Inc, and
Westpac Banking Corp. These decisions are made in anticipation of the second quarter earnings release. Additionally, a new class action lawsuit against the company has not dampened stock performance, indicating resilience.
Telsey Advisory Group maintains an Outperform rating and
Truist Financial gives HD a Buy rating. In anticipation of the Q2 2025 earnings results, market participants speculate on the comparison of investment value between HD and Lowe's.
Home Depot HD News Analytics from Tue, 25 Feb 2025 08:00:00 GMT to Sat, 16 Aug 2025 23:12:40 GMT -
Rating 6
- Innovation 2
- Information 8
- Rumor -4
