25,300 Shares in D.R. Horton, Inc. $DHI Bought by AGF Management Ltd.

AGF Management Ltd. acquired a new stake in D.R. Horton, Inc. (NYSE:DHI) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 25,300 shares of the construction company’s stock, valued at approximately $3,262,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Brown Advisory Inc. increased its position in D.R. Horton by 14.0% during the first quarter. Brown Advisory Inc. now owns 6,111 shares of the construction company’s stock worth $777,000 after buying an additional 749 shares during the period. Leavell Investment Management Inc. raised its position in D.R. Horton by 19.8% in the 1st quarter. Leavell Investment Management Inc. now owns 3,326 shares of the construction company’s stock valued at $423,000 after purchasing an additional 549 shares during the last quarter. Cerity Partners LLC boosted its stake in D.R. Horton by 9.4% during the 1st quarter. Cerity Partners LLC now owns 32,067 shares of the construction company’s stock worth $4,077,000 after purchasing an additional 2,745 shares during the period. Xponance Inc. boosted its stake in D.R. Horton by 13.2% during the 1st quarter. Xponance Inc. now owns 44,764 shares of the construction company’s stock worth $5,691,000 after purchasing an additional 5,233 shares during the period. Finally, SkyOak Wealth LLC increased its stake in D.R. Horton by 13.6% in the first quarter. SkyOak Wealth LLC now owns 1,935 shares of the construction company’s stock valued at $246,000 after purchasing an additional 231 shares during the period. Institutional investors and hedge funds own 90.63% of the company’s stock.

D.R. Horton Stock Performance

NYSE:DHI opened at $144.51 on Monday. The firm’s fifty day simple moving average is $162.88 and its 200-day simple moving average is $145.41. The company has a quick ratio of 1.19, a current ratio of 6.48 and a debt-to-equity ratio of 0.24. The stock has a market cap 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. D.R. Horton, Inc. has a fifty-two week low of $110.44 and a fifty-two week high of $184.54.

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

D.R. Horton Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, November 20th. Investors of record on Thursday, November 13th will be issued a $0.45 dividend. 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%. This is an increase from D.R. Horton’s previous quarterly dividend of $0.40. D.R. Horton’s payout ratio is currently 15.53%.

Insider Activity at D.R. Horton

In related news, Chairman David V. Auld sold 30,000 shares of D.R. Horton stock in a transaction 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 transaction, 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Michael R. Buchanan sold 1,000 shares of the business’s stock in a transaction 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 sale, the director owned 1,193 shares in the company, valued at approximately $215,622.82. The trade was a 45.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 32,376 shares of company stock valued at $5,898,848 in the last ninety days. Corporate insiders own 0.54% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on DHI shares. Citigroup reissued a “market outperform” rating on shares of D.R. Horton in a report on Thursday, October 30th. Evercore ISI set a $169.00 target price on D.R. Horton and gave the company an “in-line” rating in a research note on Tuesday, October 7th. Keefe, Bruyette & Woods dropped their target price on D.R. Horton from $178.00 to $175.00 and set a “market perform” rating on the stock in a report on Wednesday, October 29th. Bank of America decreased their price target on D.R. Horton from $175.00 to $165.00 and set a “neutral” rating for the company in a report on Friday, October 10th. Finally, Wells Fargo & Company boosted their price objective 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. 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 assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $157.38.

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.