Clearbridge Investments LLC Trims Position in The Home Depot, Inc. $HD

Posted by Geri Gentry on Jun 7th, 2026

Clearbridge Investments LLC lessened its stake in The Home Depot, Inc. (NYSE:HD – Free Report) by 4.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,340,404 shares of the home improvement retailer’s stock after selling 61,382 shares during the period. Clearbridge Investments LLC’s holdings in Home Depot were worth $461,233,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the stock. SouthState Bank Corp increased its stake in Home Depot by 0.3% in the 4th quarter. SouthState Bank Corp now owns 59,683 shares of the home improvement retailer’s stock worth $20,537,000 after buying an additional 174 shares during the period. Capital World Investors increased its stake in Home Depot by 1.6% in the 4th quarter. Capital World Investors now owns 13,147,117 shares of the home improvement retailer’s stock worth $4,524,166,000 after buying an additional 201,694 shares during the period. Capital International Sarl increased its stake in Home Depot by 23.5% in the 4th quarter. Capital International Sarl now owns 63,580 shares of the home improvement retailer’s stock worth $21,878,000 after buying an additional 12,098 shares during the period. Capital International Ltd. CA increased its stake in Home Depot by 29.8% in the 4th quarter. Capital International Ltd. CA now owns 31,347 shares of the home improvement retailer’s stock worth $10,787,000 after buying an additional 7,200 shares during the period. Finally, Capital International Inc. CA increased its stake in Home Depot by 4.3% in the 4th quarter. Capital International Inc. CA now owns 150,368 shares of the home improvement retailer’s stock worth $51,742,000 after buying an additional 6,187 shares during the period. Hedge funds and other institutional investors own 70.86% of the company’s stock.

Home Depot Stock Up 0.3%

Shares of Home Depot stock opened at $310.73 on Friday. The firm’s 50 day moving average price is $322.95 and its 200-day moving average price is $347.74. The company has a quick ratio of 0.28, a current ratio of 1.04 and a debt-to-equity ratio of 3.23. The Home Depot, Inc. has a 52-week low of $289.10 and a 52-week high of $426.75. The company has a market cap of $309.83 billion, a P/E ratio of 22.07, a PEG ratio of 3.59 and a beta of 0.97.

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

Home Depot Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th will be given a $2.33 dividend. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $9.32 dividend on an annualized basis and a dividend yield of 3.0%. Home Depot’s payout ratio is presently 66.19%.

Wall Street Analyst Weigh In

A number of research analysts have commented on the stock. HSBC cut their target price on shares of Home Depot from $392.00 to $310.00 and set a “hold” rating on the stock in a research report on Wednesday, May 20th. Jefferies Financial Group cut their target price on shares of Home Depot from $361.00 to $360.00 and set a “buy” rating on the stock in a research report on Thursday. Gordon Haskett cut their target price on shares of Home Depot from $330.00 to $320.00 and set a “hold” rating on the stock in a research report on Tuesday, May 19th. Daiwa Securities Group raised their target price on shares of Home Depot from $360.00 to $390.00 and gave the company a “neutral” rating in a research report on Thursday, February 26th. Finally, Citigroup cut their target price on shares of Home Depot from $450.00 to $400.00 and set a “buy” rating on the stock in a research report on Tuesday, May 12th. Nineteen equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $371.36.

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About Home Depot

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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.