MassMutual Private Wealth & Trust FSB Purchases 350 Shares of D.R. Horton, Inc. $DHI

MassMutual Private Wealth & Trust FSB increased its position in shares of D.R. Horton, Inc. (NYSE:DHI) by 34.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,371 shares of the construction company’s stock after purchasing an additional 350 shares during the quarter. MassMutual Private Wealth & Trust FSB’s holdings in D.R. Horton were worth $177,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Edgestream Partners L.P. lifted its holdings in shares of D.R. Horton by 1,710.0% in the first quarter. Edgestream Partners L.P. now owns 107,587 shares of the construction company’s stock worth $13,678,000 after acquiring an additional 101,643 shares during the last quarter. MQS Management LLC bought a new position in shares of D.R. Horton in the first quarter worth about $1,132,000. Leavell Investment Management Inc. lifted its holdings in shares of D.R. Horton by 19.8% in the first quarter. Leavell Investment Management Inc. now owns 3,326 shares of the construction company’s stock worth $423,000 after acquiring an additional 549 shares during the last quarter. Inspire Investing LLC lifted its holdings in shares of D.R. Horton by 787.0% in the first quarter. Inspire Investing LLC now owns 20,384 shares of the construction company’s stock worth $2,591,000 after acquiring an additional 18,086 shares during the last quarter. Finally, Exchange Traded Concepts LLC lifted its holdings in shares of D.R. Horton by 25.0% in the first quarter. Exchange Traded Concepts LLC now owns 2,555 shares of the construction company’s stock worth $325,000 after acquiring an additional 511 shares during the last quarter. Institutional investors own 90.63% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on DHI shares. Bank of America increased their target price on shares of D.R. Horton from $155.00 to $175.00 and gave the stock a “neutral” rating in a report on Thursday. Wall Street Zen raised D.R. Horton from a “sell” rating to a “hold” rating in a research note on Sunday, July 20th. UBS Group upped their price objective on D.R. Horton from $176.00 to $187.00 and gave the company a “buy” rating in a research note on Wednesday, July 23rd. Wedbush upped their price objective on D.R. Horton from $155.00 to $170.00 and gave the company a “neutral” rating in a research note on Wednesday, July 23rd. Finally, Wells Fargo & Company upped their price objective on D.R. Horton from $175.00 to $190.00 and gave the company an “overweight” rating in a research note on Tuesday, September 2nd. One equities research 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 company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $158.23.

D.R. Horton Stock Down 0.2%

DHI stock opened at $169.63 on Friday. The company has a quick ratio of 1.19, a current ratio of 7.06 and a debt-to-equity ratio of 0.29. The firm has a market capitalization of $50.57 billion, a PE ratio of 13.60, a PEG ratio of 3.60 and a beta of 1.36. D.R. Horton, Inc. has a twelve month low of $110.44 and a twelve month high of $199.85. The stock has a 50-day simple moving average of $159.13 and a two-hundred day simple moving average of $136.91.

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

D.R. Horton Announces Dividend

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

Insiders Place Their Bets

In other D.R. Horton news, Director Michael R. Buchanan sold 1,000 shares of the company’s stock in a transaction that occurred on Friday, September 5th. The stock was sold at an average price of $180.74, for a total value of $180,740.00. Following the completion of the sale, the director owned 1,193 shares of the company’s stock, valued at $215,622.82. This represents a 45.60% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Aron M. Odom sold 1,376 shares of the company’s stock in a transaction that occurred on Friday, September 5th. The stock was sold at an average price of $183.00, for a total value of $251,808.00. Following the completion of the sale, the senior vice president directly owned 6,457 shares of the company’s stock, valued at approximately $1,181,631. This represents a 17.57% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 34,526 shares of company stock valued at $6,173,403 over the last quarter. 0.54% of the stock is owned by corporate insiders.

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.