Telsey Advisory Group Upgrades Home Depot (SNSE:HD)

Fintel reports that on November 8, 2024, Telsey Advisory Group upgraded their outlook for Home Depot (SNSE:HD) from Market Perform to Outperform.

What is the Fund Sentiment?

There are 5,089 funds or institutions reporting positions in Home Depot. This is an increase of 118 owner(s) or 2.37% in the last quarter. Average portfolio weight of all funds dedicated to HD is 0.74%, an increase of 0.09%. Total shares owned by institutions increased in the last three months by 2.30% to 794,134K shares.

What are Other Shareholders Doing?

CL:HD / The Home Depot, Inc. Shares Held by Institutions

VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 31,317K shares representing 3.15% ownership of the company. In its prior filing, the firm reported owning 31,269K shares , representing an increase of 0.15%. The firm decreased its portfolio allocation in HD by 12.60% over the last quarter.

VFINX - Vanguard 500 Index Fund Investor Shares holds 25,436K shares representing 2.56% ownership of the company. In its prior filing, the firm reported owning 25,081K shares , representing an increase of 1.39%. The firm decreased its portfolio allocation in HD by 13.85% over the last quarter.

Capital World Investors holds 25,102K shares representing 2.53% ownership of the company. In its prior filing, the firm reported owning 37,665K shares , representing a decrease of 50.05%. The firm decreased its portfolio allocation in HD by 41.08% over the last quarter.

Geode Capital Management holds 21,267K shares representing 2.14% ownership of the company. In its prior filing, the firm reported owning 20,693K shares , representing an increase of 2.70%. The firm decreased its portfolio allocation in HD by 54.30% over the last quarter.

Bank Of America holds 14,189K shares representing 1.43% ownership of the company. In its prior filing, the firm reported owning 14,671K shares , representing a decrease of 3.39%. The firm decreased its portfolio allocation in HD by 79.66% over the last quarter.

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This story originally appeared on Fintel.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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