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BlackRock Takes a Position in Home Depot by Buying 81.6M Shares

BlackRock logoBlackRock
Sig1.85Sen+1.75Env0.00Soc0.00Gov0.00
Home Depot logoHome Depot
Sig1.35Sen+1.15Env0.00Soc0.00Gov0.00

BlackRock disclosed a new position in Home Depot by acquiring 81,578,902 shares worth about $28.8 billion. Home Depot reported $4.92 EPS for the quarter, beating consensus of $4.73, and recently disclosed a quarterly dividend to be paid September 17. Analysts largely maintain Buy or Hold ratings, with varying price targets.

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