TD Private Client Wealth LLC Grows Stock Holdings in D.R. Horton, Inc. $DHI

TD Private Client Wealth LLC raised its position in D.R. Horton, Inc. (NYSE:DHI) by 32.9% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,700 shares of the construction company’s stock after purchasing an additional 421 shares during the period. TD Private Client Wealth LLC’s holdings in D.R. Horton were worth $219,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in DHI. Mather Group LLC. increased its position in shares of D.R. Horton by 1.7% in the second quarter. Mather Group LLC. now owns 6,185 shares of the construction company’s stock valued at $797,000 after acquiring an additional 103 shares during the period. IMS Capital Management bought a new position in D.R. Horton during the second quarter valued at approximately $559,000. Ballentine Partners LLC raised its position in D.R. Horton by 2.1% in the second quarter. Ballentine Partners LLC now owns 7,203 shares of the construction company’s stock worth $929,000 after acquiring an additional 146 shares during the period. PICTET BANK & TRUST Ltd raised its position in D.R. Horton by 36.0% in the second quarter. PICTET BANK & TRUST Ltd now owns 12,808 shares of the construction company’s stock worth $1,651,000 after acquiring an additional 3,390 shares during the period. Finally, Argent Capital Management LLC raised its position in D.R. Horton by 0.4% in the second quarter. Argent Capital Management LLC now owns 545,650 shares of the construction company’s stock worth $70,345,000 after acquiring an additional 2,039 shares during the period. 90.63% of the stock is owned by institutional investors.

D.R. Horton Stock Up 1.4%

Shares of NYSE:DHI opened at $167.29 on Monday. The stock’s 50-day moving average price is $163.15 and its 200-day moving average price is $138.51. D.R. Horton, Inc. has a 12-month low of $110.44 and a 12-month high of $195.50. The stock has a market capitalization of $49.87 billion, a P/E ratio of 13.42, a price-to-earnings-growth ratio of 3.55 and a beta of 1.36. The company has a current ratio of 7.06, a quick ratio of 1.19 and a debt-to-equity ratio of 0.29.

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

D.R. Horton Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 14th. Stockholders of record on Thursday, August 7th were issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Thursday, August 7th. D.R. Horton’s dividend payout ratio (DPR) is presently 12.83%.

Insider Buying and Selling

In related news, Director Michael R. Buchanan sold 1,000 shares of the business’s stock in a transaction that occurred on Friday, September 5th. The shares were sold at an average price of $180.74, for a total value of $180,740.00. Following the completion of the transaction, the director directly owned 1,193 shares in the company, valued at $215,622.82. The trade was a 45.60% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Chairman David V. Auld sold 30,000 shares of D.R. Horton stock in a transaction that occurred on Friday, September 5th. The stock was sold at an average price of $182.21, for a total transaction of $5,466,300.00. Following the completion of the sale, the chairman directly owned 815,672 shares of the company’s stock, valued at approximately $148,623,595.12. This trade represents a 3.55% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 32,376 shares of company stock worth $5,898,848 in the last three months. Insiders own 0.54% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on DHI shares. Royal Bank Of Canada increased their price objective on shares of D.R. Horton from $105.00 to $117.00 and gave the stock an “underperform” rating in a research note on Wednesday, July 23rd. Keefe, Bruyette & Woods increased their price objective on shares of D.R. Horton from $135.00 to $161.00 and gave the stock a “market perform” rating in a research note on Thursday, July 24th. Wedbush raised their target price on shares of D.R. Horton from $155.00 to $170.00 and gave the company a “neutral” rating in a research note on Wednesday, July 23rd. Wells Fargo & Company raised their target price on shares of D.R. Horton from $175.00 to $190.00 and gave the company an “overweight” rating in a research note on Tuesday, September 2nd. Finally, UBS Group raised 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 note on Wednesday, July 23rd. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, six have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $158.23.

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.