Ritholtz Wealth Management Has $270,000 Stock Holdings in D.R. Horton, Inc. (NYSE:DHI)

Ritholtz Wealth Management increased its holdings in D.R. Horton, Inc. (NYSE:DHI) by 6.5% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,124 shares of the construction company’s stock after purchasing an additional 129 shares during the period. Ritholtz Wealth Management’s holdings in D.R. Horton were worth $270,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in DHI. Dynamic Advisor Solutions LLC increased its holdings in shares of D.R. Horton by 5.0% during the first quarter. Dynamic Advisor Solutions LLC now owns 27,076 shares of the construction company’s stock worth $3,442,000 after buying an additional 1,287 shares in the last quarter. Hennessy Advisors Inc. increased its holdings in shares of D.R. Horton by 14.3% during the first quarter. Hennessy Advisors Inc. now owns 18,400 shares of the construction company’s stock worth $2,339,000 after buying an additional 2,300 shares in the last quarter. Azzad Asset Management Inc. ADV increased its holdings in shares of D.R. Horton by 2.6% during the first quarter. Azzad Asset Management Inc. ADV now owns 8,957 shares of the construction company’s stock worth $1,139,000 after buying an additional 225 shares in the last quarter. Smithbridge Asset Management Inc. DE acquired a new stake in shares of D.R. Horton during the first quarter worth approximately $953,000. Finally, Sapient Capital LLC increased its holdings in shares of D.R. Horton by 0.8% during the first quarter. Sapient Capital LLC now owns 65,811 shares of the construction company’s stock worth $8,367,000 after buying an additional 495 shares in the last quarter. Institutional investors and hedge funds own 90.63% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on DHI shares. Royal Bank Of Canada dropped their price objective on shares of D.R. Horton from $125.00 to $105.00 and set an “underperform” rating for the company in a report on Monday, April 21st. JPMorgan Chase & Co. dropped their price objective on shares of D.R. Horton from $132.00 to $111.00 and set an “underweight” rating for the company in a report on Monday, April 21st. Wells Fargo & Company decreased their price target on shares of D.R. Horton from $175.00 to $160.00 and set an “overweight” rating on the stock in a research note on Monday, April 14th. Bank of America decreased their price target on shares of D.R. Horton from $150.00 to $125.00 and set a “neutral” rating on the stock in a research note on Thursday, April 17th. Softer demand and elevated incentives impacting outlook through H2 2025 Finally, Wall Street Zen raised shares of D.R. Horton from a “sell” rating to a “hold” rating in a research note on Tuesday, May 13th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $151.15.

D.R. Horton Stock Performance

Shares of DHI stock opened at $124.17 on Friday. The firm has a 50-day moving average of $122.51 and a 200-day moving average of $131.13. The company has a market cap of $38.14 billion, a P/E ratio of 9.40, a P/E/G ratio of 3.79 and a beta of 1.37. The company has a debt-to-equity ratio of 0.26, a current ratio of 7.29 and a quick ratio of 1.15. D.R. Horton, Inc. has a one year low of $110.44 and a one year high of $199.85.

D.R. Horton (NYSE:DHI) last posted its quarterly earnings data on Thursday, April 17th. The construction company reported $2.58 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.69 by ($0.11). The company had revenue of $7.73 billion for the quarter, compared to analysts’ expectations of $8.07 billion. D.R. Horton had a return on equity of 16.95% and a net margin of 12.15%. During the same quarter last year, the business posted $3.52 EPS. Equities research analysts forecast that D.R. Horton, Inc. will post 13.04 EPS for the current fiscal year.

D.R. Horton Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 9th. Stockholders of record on Friday, May 2nd were given a $0.40 dividend. The ex-dividend date was Friday, May 2nd. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.29%. D.R. Horton’s dividend payout ratio (DPR) is currently 12.11%.

D.R. Horton Profile

D.R. Horton, Inc operates as a homebuilding company in East, North, Southeast, South Central, Southwest, and Northwest regions in the United States. It engages in the acquisition and development of land; and construction and sale of residential homes in 118 markets across 33 states under the names of D.R.