K.J. Harrison & Partners Inc Reduces Position in The Home Depot, Inc. $HD

Posted by Francis Steltz on Jul 5th, 2026

K.J. Harrison & Partners Inc decreased its holdings in shares of The Home Depot, Inc. (NYSE:HD – Free Report) by 50.4% during the first quarter, HoldingsChannel reports. The institutional investor owned 8,858 shares of the home improvement retailer’s stock after selling 9,002 shares during the period. K.J. Harrison & Partners Inc’s holdings in Home Depot were worth $2,913,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Parvin Asset Management LLC boosted its holdings in Home Depot by 110.0% during the 3rd quarter. Parvin Asset Management LLC now owns 63 shares of the home improvement retailer’s stock valued at $26,000 after acquiring an additional 33 shares during the period. Advocate Investing Services LLC bought a new position in Home Depot in the 4th quarter valued at $25,000. Key Capital Management INC purchased a new stake in Home Depot in the fourth quarter worth $28,000. Cache Advisors LLC purchased a new stake in Home Depot in the first quarter worth $27,000. Finally, Imprint Wealth LLC bought a new stake in shares of Home Depot during the third quarter worth $34,000. 70.86% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have recently issued reports on HD shares. Wall Street Zen raised shares of Home Depot from a “sell” rating to a “hold” rating in a research note on Tuesday, June 2nd. Oppenheimer reduced their price target on shares of Home Depot from $405.00 to $310.00 and set a “market perform” rating on the stock in a research note on Monday, May 18th. Mizuho decreased their price objective on shares of Home Depot from $415.00 to $385.00 and set an “outperform” rating for the company in a report on Wednesday, May 20th. Weiss Ratings cut shares of Home Depot from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, June 23rd. Finally, Wolfe Research downgraded shares of Home Depot from an “outperform” rating to a “peer perform” rating in a research note on Tuesday, June 23rd. Eighteen investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Home Depot has a consensus rating of “Moderate Buy” and a consensus price target of $371.71.

Check Out Our Latest Research Report on HD

Home Depot Price Performance

HD opened at $357.73 on Friday. The company has a market capitalization of $356.69 billion, a price-to-earnings ratio of 25.41, a PEG ratio of 4.13 and a beta of 0.95. The company has a current ratio of 1.04, a quick ratio of 0.28 and a debt-to-equity ratio of 3.23. The Home Depot, Inc. has a 12-month low of $289.10 and a 12-month high of $426.75. The business’s fifty day simple moving average is $323.97 and its 200-day simple moving average is $345.83.

Home Depot (NYSE:HD – Get Free Report) last released its quarterly earnings data on Tuesday, May 19th. The home improvement retailer reported $3.43 earnings per share for the quarter, beating the consensus estimate of $3.41 by $0.02. Home Depot had a return on equity of 117.24% and a net margin of 8.41%.The firm had revenue of $41.77 billion during the quarter, compared to the consensus estimate of $41.59 billion. During the same period in the previous year, the company posted $3.56 earnings per share. The firm’s quarterly revenue was up 4.8% on a year-over-year basis. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. On average, equities research analysts anticipate that The Home Depot, Inc. will post 15.01 earnings per share for the current fiscal year.

Home Depot Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Thursday, June 4th were issued a dividend of $2.33 per share. This represents a $9.32 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend was Thursday, June 4th. Home Depot’s dividend payout ratio (DPR) is presently 66.19%.

Home Depot Profile

(Free Report)

The Home Depot, Inc (NYSE: HD) is a leading home improvement retailer that operates large-format stores and an integrated online platform offering a broad range of products and services for do-it-yourself consumers, professional contractors and businesses. The company was founded in 1978 by Bernard Marcus and Arthur Blank and is headquartered in Atlanta, Georgia. Since opening its first stores at the end of the 1970s, Home Depot has grown into a multinational retailer known for its orange-branded stores and wide assortment of home improvement merchandise.

Home Depot’s core business includes the sale of building materials, lumber, tools, hardware, appliances, paint, plumbing and electrical supplies, lawn and garden products, and home décor.