D.R. Horton, Inc. $DHI Stock Position Reduced by Andra AP fonden

Andra AP fonden decreased its position in D.R. Horton, Inc. (NYSE:DHIFree Report) by 36.6% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 62,600 shares of the construction company’s stock after selling 36,200 shares during the quarter. Andra AP fonden’s holdings in D.R. Horton were worth $8,070,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. lifted its stake in D.R. Horton by 1.9% during the first quarter. Vanguard Group Inc. now owns 33,664,013 shares of the construction company’s stock worth $4,279,706,000 after purchasing an additional 642,642 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of D.R. Horton by 1.0% during the first quarter. Dimensional Fund Advisors LP now owns 3,509,407 shares of the construction company’s stock worth $446,093,000 after purchasing an additional 33,412 shares during the period. Allspring Global Investments Holdings LLC lifted its position in shares of D.R. Horton by 42.7% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 2,827,694 shares of the construction company’s stock worth $378,628,000 after buying an additional 846,085 shares during the last quarter. Invesco Ltd. boosted its holdings in shares of D.R. Horton by 23.1% in the 1st quarter. Invesco Ltd. now owns 2,520,422 shares of the construction company’s stock valued at $320,421,000 after buying an additional 472,382 shares during the period. Finally, Amundi grew its position in shares of D.R. Horton by 60.2% during the 1st quarter. Amundi now owns 2,176,211 shares of the construction company’s stock valued at $266,811,000 after buying an additional 817,998 shares during the last quarter. 90.63% of the stock is currently owned by institutional investors.

Insider Transactions at D.R. Horton

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 stock was sold at an average price of $180.74, for a total transaction of $180,740.00. Following the sale, the director owned 1,193 shares of the company’s stock, valued at $215,622.82. The trade was a 45.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Chairman David V. Auld sold 30,000 shares of the company’s stock in a transaction that occurred on Friday, September 5th. The stock was sold at an average price of $182.21, for a total value of $5,466,300.00. Following the completion of the sale, the chairman owned 815,672 shares of the company’s stock, valued at $148,623,595.12. This trade represents a 3.55% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 32,376 shares of company stock valued at $5,898,848. Company insiders own 0.54% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the company. Bank of America decreased their target price on D.R. Horton from $175.00 to $165.00 and set a “neutral” rating for the company in a research note on Friday, October 10th. UBS Group boosted their price objective on D.R. Horton from $187.00 to $195.00 and gave the company a “buy” rating in a research report on Wednesday, October 29th. Wells Fargo & Company increased their target price on D.R. Horton from $175.00 to $190.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 2nd. Evercore ISI set a $169.00 price target on shares of D.R. Horton and gave the company an “in-line” rating in a report on Tuesday, October 7th. Finally, Keefe, Bruyette & Woods lowered their price target on shares of D.R. Horton from $178.00 to $175.00 and set a “market perform” rating for the company in a research report on Wednesday, October 29th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $157.38.

Get Our Latest Stock Report on D.R. Horton

D.R. Horton Trading Down 0.5%

Shares of DHI stock opened at $144.51 on Friday. D.R. Horton, Inc. has a 1 year low of $110.44 and a 1 year high of $184.54. The firm has a market capitalization of $43.08 billion, a PE ratio of 12.47, a price-to-earnings-growth ratio of 3.09 and a beta of 1.36. The stock has a fifty day moving average of $162.88 and a two-hundred day moving average of $145.12. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.19 and a current ratio of 6.48.

D.R. Horton (NYSE:DHIGet Free Report) last issued its quarterly earnings results on Tuesday, October 28th. The construction company reported $3.04 EPS for the quarter, missing analysts’ consensus estimates of $3.29 by ($0.25). The business had revenue of $9.68 billion for the quarter, compared to analyst estimates of $9.44 billion. D.R. Horton had a net margin of 10.47% and a return on equity of 14.39%. D.R. Horton’s revenue for the quarter was down 3.2% on a year-over-year basis. During the same period last year, the business posted $3.92 earnings per share. D.R. Horton has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. As a group, research analysts expect that D.R. Horton, Inc. will post 13.04 EPS for the current year.

D.R. Horton Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, November 20th. Shareholders of record on Thursday, November 13th will be given a dividend of $0.45 per share. This is a positive change from D.R. Horton’s previous quarterly dividend of $0.40. The ex-dividend date is Thursday, November 13th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.2%. D.R. Horton’s payout ratio is presently 15.53%.

D.R. Horton Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for D.R. Horton (NYSE:DHI)

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