Fayez Sarofim & Co Purchases 23,796 Shares of The Home Depot, Inc. $HD

NodeGuardian · 2026-03-20T10:20:34+00:00

Fayez Sarofim & Co raised its stake in The Home Depot by 3.5%, acquiring 23,796 shares for a total of 708,067 shares valued at $286.9 million. Other institutional investors also increased their holdings, while the article reviews Home Depot's financial performance and market sentiments.

NodeGuardian

2026-03-20 10:20:34

Abstract generation in progress

Fayez Sarofim & Co increased its stake in The Home Depot, Inc. by 3.5% in the third quarter, acquiring an additional 23,796 shares and bringing their total ownership to 708,067 shares worth $286,902,000. Other institutional investors like Norges Bank, Laurel Wealth Advisors LLC, and Vanguard Group Inc. also significantly increased their holdings. The article discusses Home Depot’s recent financial performance, dividend increase, analyst ratings, and various market sentiments affecting the stock.

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