2,386 Shares in The Home Depot, Inc. $HD Acquired by Jacobsen Capital Management

Posted by Francis Steltz on Oct 28th, 2026

Jacobsen Capital Management purchased a new stake in shares of The Home Depot, Inc. (NYSE:HD – Free Report) during the third quarter, Holdings Channel reports. The institutional investor purchased 2,386 shares of the home improvement retailer’s stock, valued at approximately $679,000.

Several other institutional investors and hedge funds also recently bought and sold shares of HD. BlackRock Inc. bought a new stake in Home Depot during the 2nd quarter valued at $28,771,247,000. Bank of America Corp DE bought a new position in shares of Home Depot in the second quarter worth $5,780,468,000. Bank of New York Mellon Corp bought a new position in shares of Home Depot in the second quarter worth $2,777,396,000. Corient Private Wealth LP bought a new position in shares of Home Depot in the second quarter worth $390,913,000. Finally, Legal & General Group Plc bought a new position in shares of Home Depot in the second quarter worth $1,953,883,000. 70.86% of the stock is owned by institutional investors.

Key Headlines Impacting Home Depot

Here are the key news stories impacting Home Depot this week:

Positive Sentiment: Dividend appeal remains a support. Home Depot’s dividend yield of roughly 2.84% exceeds the S&P 500’s average, and the company has increased its payout for more than a decade. Coverage highlights the dividend’s substantial long-term growth and examines whether the payout remains secure. Home Depot dividend safety article
Positive Sentiment: Institutional demand provided a modest positive signal. Home Depot attracted approximately $62.1 million in net exchange-traded-fund buying, indicating some continued portfolio demand for HD shares. Home Depot ETF buying article
Neutral Sentiment: Peer comparisons offer context but no clear catalyst. Q2 benchmarking coverage compares Home Depot’s performance with other home-furnishing and improvement retailers, helping investors assess relative resilience as the sector completes its earnings season. Home improvement retail Q2 benchmarking article
Negative Sentiment: High mortgage rates remain the main pressure. Expensive financing is making homes less affordable and discouraging existing homeowners with low-rate mortgages from moving. That reduces housing turnover and can delay renovation projects, creating a challenging demand environment for Home Depot. Housing stocks and mortgage rates article
Negative Sentiment: Dividend growth has slowed. Although Home Depot’s long-term dividend record is strong, the latest increases are described as more modest, reflecting pressure on housing-related demand and free cash flow. This may limit the stock’s income-growth appeal in the near term. Home Depot dividend growth article

Analyst Ratings Changes

HD has been the subject of several recent research reports. Guggenheim reiterated a “buy” rating and set a $425.00 price objective on shares of Home Depot in a research note on Wednesday, August 19th. Argus restated a “buy” rating and issued a $400.00 target price on shares of Home Depot in a research note on Wednesday, August 19th. Wells Fargo & Company raised their target price on Home Depot from $360.00 to $400.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 11th. TD Cowen reaffirmed a “buy” rating on shares of Home Depot in a report on Monday, August 10th. Finally, Melius Research set a $397.00 price target on Home Depot in a research report on Tuesday, October 6th. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $375.31.

Read Our Latest Report on Home Depot

Home Depot Trading Down 0.2%

NYSE HD opened at $318.82 on Wednesday. The company’s 50 day simple moving average is $309.27 and its two-hundred day simple moving average is $335.58. The Home Depot, Inc. has a 1 year low of $277.15 and a 1 year high of $397.63.

Home Depot (NYSE:HD – Get Free Report) last released its quarterly earnings results on Tuesday, August 18th. The home improvement retailer reported $4.92 EPS for the quarter, beating analysts’ consensus estimates of $4.73 by $0.19. The firm had revenue of $47.86 billion for the quarter, compared to analysts’ expectations of $47.24 billion. The firm’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same quarter last year, the firm earned $4.68 earnings per share. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. As a group, research analysts predict that The Home Depot, Inc. will post 15.01 EPS for the current year.

Home Depot Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 17th. Investors of record on Thursday, September 3rd were paid a dividend of $2.33 per share. The ex-dividend date of this dividend was Thursday, September 3rd. This represents a $9.32 annualized dividend and a yield of 2.9%.

Insiders Place Their Bets

In other Home Depot news, CFO Richard McPhail sold 5,989 shares of the firm’s stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $348.40, for a total value of $2,086,567.60. Following the sale, the chief financial officer owned 48,104 shares of the company’s stock, valued at $16,759,433.60. This trade represents a 11.07% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Kimberly Scardino sold 675 shares of Home Depot stock in a transaction dated Thursday, September 10th. The shares were sold at an average price of $305.95, for a total value of $206,516.25. Following the sale, the chief accounting officer owned 8,189 shares of the company’s stock, valued at approximately $2,505,424.55. This trade represents a 7.62% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 9,829 shares of company stock worth $3,339,314 over the last three months. Corporate insiders own 0.08% of the company’s stock.

Home Depot Company Profile

(Free Report)

The Home Depot, Inc is a home improvement retailer serving do-it-yourself customers, professional contractors, and other building and maintenance professionals. The company sells a broad selection of building materials, hardware, tools, appliances, paint, plumbing and electrical supplies, flooring, lighting, lawn and garden products, and home décor.

In addition to merchandise, Home Depot offers services such as product delivery, tool and equipment rental, credit services, and installation for selected products.