Stocks

State Street Corp Doubles Down on Home Depot with Additional Share Purchase

Guavy AI Editorial Team Published September 22, 2026

Instruments

State Street Corp purchased an additional 499,168 shares of The Home Depot, Inc. ($HD) stock in the second quarter, boosting its position by 1.1% to a total of 47,175,026 shares.

The value of State Street Corp's stake in Home Depot is approximately $16,637,688,000, which accounts for about 4.73% of the company's outstanding stock.

This purchase comes as several other large investors have increased their positions in Home Depot in recent quarters, including BlackRock Inc., Bank of America Corp DE, and Norges Bank.

The Home Depot reported $47.86 billion in revenue for its most recent quarter, beating analyst estimates of $47.24 billion, with earnings per share (EPS) coming in at $4.92, exceeding the consensus estimate of $4.73.

State Street Corp Doubles Down on Home Depot with Additional Share Purchase

Cisco Stock Dips 20% to Lowest Since May as AI Super Cycle Drives Growth

AI-Powered Malware Leverages Multiple Models for Autonomous Attacks

Networks Must Become Active Security Layers in AI-Driven World