American Century Companies Inc. Lowers Stock Holdings in D.R. Horton, Inc. $DHI

American Century Companies Inc. trimmed its holdings in shares of D.R. Horton, Inc. (NYSE:DHI) by 1.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 96,010 shares of the construction company’s stock after selling 1,686 shares during the quarter. American Century Companies Inc.’s holdings in D.R. Horton were worth $12,206,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Olde Wealth Management LLC acquired a new position in D.R. Horton during the first quarter worth $26,000. Bayforest Capital Ltd raised its position in shares of D.R. Horton by 340.4% during the 1st quarter. Bayforest Capital Ltd now owns 251 shares of the construction company’s stock worth $32,000 after purchasing an additional 194 shares during the last quarter. Itau Unibanco Holding S.A. purchased a new position in D.R. Horton in the 4th quarter valued at about $43,000. Alpine Bank Wealth Management acquired a new stake in D.R. Horton in the 1st quarter worth about $61,000. Finally, Continuum Advisory LLC increased its stake in D.R. Horton by 25.8% during the 4th quarter. Continuum Advisory LLC now owns 487 shares of the construction company’s stock worth $68,000 after buying an additional 100 shares in the last quarter. Institutional investors and hedge funds own 90.63% of the company’s stock.

D.R. Horton Trading Down 0.8%

DHI opened at $169.26 on Tuesday. The stock has a market capitalization of $50.46 billion, a PE ratio of 13.57, a P/E/G ratio of 3.63 and a beta of 1.34. D.R. Horton, Inc. has a one year low of $110.44 and a one year high of $199.85. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.19 and a current ratio of 7.06. The business’s 50 day moving average price is $143.25 and its 200 day moving average price is $131.34.

D.R. Horton (NYSE:DHI) last posted its earnings results on Tuesday, July 22nd. The construction company reported $3.36 EPS for the quarter, beating analysts’ consensus estimates of $2.90 by $0.46. The company had revenue of $9.23 billion for the quarter, compared to the consensus estimate of $8.80 billion. D.R. Horton had a return on equity of 15.74% and a net margin of 11.46%.The company’s revenue for the quarter was down 7.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $4.10 earnings per share. D.R. Horton has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. As a group, equities research analysts expect that D.R. Horton, Inc. will post 13.04 EPS for the current year.

D.R. Horton Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, August 14th. Stockholders of record on Thursday, August 7th were paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend was Thursday, August 7th. D.R. Horton’s payout ratio is 12.83%.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on DHI shares. Wells Fargo & Company lifted their price target on D.R. Horton from $160.00 to $175.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 23rd. Wedbush lifted their target price on shares of D.R. Horton from $155.00 to $170.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 23rd. UBS Group increased their target price on shares of D.R. Horton from $176.00 to $187.00 and gave the company a “buy” rating in a research report on Wednesday, July 23rd. Royal Bank Of Canada boosted their price target on shares of D.R. Horton from $105.00 to $117.00 and gave the stock an “underperform” rating in a research report on Wednesday, July 23rd. Finally, Keefe, Bruyette & Woods increased their price objective on shares of D.R. Horton from $135.00 to $161.00 and gave the company a “market perform” rating in a report on Thursday, July 24th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, six have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, D.R. Horton has a consensus rating of “Hold” and an average price target of $153.23.

Insider Activity at D.R. Horton

In related news, Director Michael R. Buchanan sold 2,150 shares of D.R. Horton stock in a transaction that occurred on Tuesday, June 24th. The shares were sold at an average price of $127.70, for a total value of $274,555.00. Following the completion of the sale, the director owned 2,193 shares in the company, valued at approximately $280,046.10. This trade represents a 49.50% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.54% of the company’s stock.

D.R. Horton Company 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.