Farther Finance Advisors LLC Sells 121 Shares of D.R. Horton, Inc. $DHI

Farther Finance Advisors LLC decreased its position in shares of D.R. Horton, Inc. (NYSE:DHI) by 4.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,493 shares of the construction company’s stock after selling 121 shares during the period. Farther Finance Advisors LLC’s holdings in D.R. Horton were worth $321,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Silver Oak Securities Incorporated grew its position in shares of D.R. Horton by 8.7% during the second quarter. Silver Oak Securities Incorporated now owns 4,367 shares of the construction company’s stock valued at $563,000 after purchasing an additional 351 shares in the last quarter. Adirondack Trust Co. grew its position in shares of D.R. Horton by 53.2% during the second quarter. Adirondack Trust Co. now owns 406 shares of the construction company’s stock valued at $52,000 after purchasing an additional 141 shares in the last quarter. Livforsakringsbolaget Skandia Omsesidigt grew its position in shares of D.R. Horton by 19.5% during the second quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 30,703 shares of the construction company’s stock valued at $3,956,000 after purchasing an additional 5,000 shares in the last quarter. Exchange Traded Concepts LLC grew its position in shares of D.R. Horton by 463.6% during the second quarter. Exchange Traded Concepts LLC now owns 14,399 shares of the construction company’s stock valued at $1,856,000 after purchasing an additional 11,844 shares in the last quarter. Finally, Polianta Ltd purchased a new position in shares of D.R. Horton during the second quarter valued at about $1,289,000. Hedge funds and other institutional investors own 90.63% of the company’s stock.

Insiders Place Their Bets

In other D.R. Horton news, SVP Aron M. Odom sold 1,376 shares of the firm’s stock in a transaction dated Friday, September 5th. The shares were 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 owned 6,457 shares of the company’s stock, valued at $1,181,631. This trade represents a 17.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Chairman David V. Auld sold 30,000 shares of the firm’s stock in a transaction dated 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. The trade was 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 valued at $5,898,848 over the last 90 days. Insiders own 0.54% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. Wall Street Zen upgraded D.R. Horton from a “sell” rating to a “hold” rating in a research report on Sunday, July 20th. Keefe, Bruyette & Woods increased their price target 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. Bank of America increased their price target on shares of D.R. Horton from $155.00 to $175.00 and gave the company a “neutral” rating in a report on Thursday, September 18th. Royal Bank Of Canada increased their price target on shares of D.R. Horton from $105.00 to $117.00 and gave the company an “underperform” rating in a report on Wednesday, July 23rd. Finally, UBS Group increased their price target on shares of D.R. Horton from $176.00 to $187.00 and gave the company a “buy” rating in a report on Wednesday, July 23rd. One investment 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 assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $158.23.

D.R. Horton Stock Up 1.6%

Shares of NYSE DHI opened at $169.90 on Tuesday. The company has a debt-to-equity ratio of 0.29, a current ratio of 7.06 and a quick ratio of 1.19. The company has a market cap of $50.65 billion, a P/E ratio of 13.62, a PEG ratio of 3.55 and a beta of 1.36. D.R. Horton, Inc. has a 1 year low of $110.44 and a 1 year high of $195.50. The firm has a 50-day simple moving average of $163.93 and a two-hundred day simple moving average of $138.81.

D.R. Horton (NYSE:DHI) last announced its quarterly earnings data 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 business had revenue of $9.23 billion during the quarter, compared to the consensus estimate of $8.80 billion. D.R. Horton had a net margin of 11.46% and a return on equity of 15.74%. The firm’s quarterly revenue was down 7.4% compared to the same quarter last year. During the same quarter 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. Research analysts anticipate that D.R. Horton, Inc. will post 13.04 earnings per share for the current year.

D.R. Horton Announces Dividend

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

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.