Boston Research & Management Inc. lifted its stake in D.R. Horton, Inc. (NYSE:DHI – Free Report) by 6.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 42,439 shares of the construction company’s stock after acquiring an additional 2,421 shares during the quarter. Boston Research & Management Inc.’s holdings in D.R. Horton were worth $5,471,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also recently bought and sold shares of the company. Phoenix Financial Ltd. increased its position in D.R. Horton by 1.0% in the 1st quarter. Phoenix Financial Ltd. now owns 18,277 shares of the construction company’s stock worth $2,328,000 after purchasing an additional 186 shares during the last quarter. Skandinaviska Enskilda Banken AB publ grew its stake in shares of D.R. Horton by 1.0% in the 1st quarter. Skandinaviska Enskilda Banken AB publ now owns 58,597 shares of the construction company’s stock valued at $7,449,000 after buying an additional 607 shares in the last quarter. Heartland Advisors Inc. acquired a new position in D.R. Horton in the first quarter worth approximately $6,544,000. Mediolanum International Funds Ltd raised its position in D.R. Horton by 9.2% during the first quarter. Mediolanum International Funds Ltd now owns 79,468 shares of the construction company’s stock valued at $10,012,000 after acquiring an additional 6,712 shares in the last quarter. Finally, HB Wealth Management LLC lifted its stake in D.R. Horton by 26.1% in the first quarter. HB Wealth Management LLC now owns 13,144 shares of the construction company’s stock valued at $1,671,000 after acquiring an additional 2,720 shares during the last quarter. Institutional investors and hedge funds own 90.63% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research analysts have recently commented on the stock. Weiss Ratings restated a “hold (c+)” rating on shares of D.R. Horton in a research note on Wednesday, October 8th. Evercore ISI set a $169.00 target price on D.R. Horton and gave the company an “in-line” rating in a report on Tuesday, October 7th. Wells Fargo & Company upped their price target on D.R. Horton from $175.00 to $190.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 2nd. UBS Group increased their price objective on D.R. Horton from $187.00 to $195.00 and gave the company a “buy” rating in a report on Wednesday, October 29th. Finally, Keefe, Bruyette & Woods reduced their target price on D.R. Horton from $178.00 to $175.00 and set a “market perform” rating for the company in a report on Wednesday, October 29th. 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 issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $157.38.
D.R. Horton Trading Up 6.9%
D.R. Horton stock opened at $146.73 on Friday. The business’s 50-day simple moving average is $155.92 and its 200-day simple moving average is $146.44. D.R. Horton, Inc. has a 52 week low of $110.44 and a 52 week high of $184.54. The firm has a market capitalization of $43.74 billion, a PE ratio of 12.66, a PEG ratio of 3.09 and a beta of 1.36. 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:DHI – Get Free Report) last released its earnings results on Tuesday, October 28th. The construction company reported $3.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.29 by ($0.25). D.R. Horton had a net margin of 10.47% and a return on equity of 14.39%. The business had revenue of $9.68 billion during the quarter, compared to analyst estimates of $9.44 billion. During the same period last year, the business earned $3.92 EPS. The business’s quarterly revenue was down 3.2% compared to the same quarter last year. D.R. Horton has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. Equities research analysts forecast that D.R. Horton, Inc. will post 13.04 earnings per share for the current year.
D.R. Horton Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, November 20th. Shareholders of record on Thursday, November 13th were issued a $0.45 dividend. This is a boost from D.R. Horton’s previous quarterly dividend of $0.40. The ex-dividend date of this dividend was Thursday, November 13th. This represents a $1.80 dividend on an annualized basis and a yield of 1.2%. D.R. Horton’s payout ratio is currently 15.53%.
Insiders Place Their Bets
In other news, SVP Aron M. Odom sold 1,376 shares of the business’s stock in a transaction dated Friday, September 5th. The shares were sold at an average price of $183.00, for a total transaction of $251,808.00. Following the transaction, the senior vice president owned 6,457 shares in the company, valued at approximately $1,181,631. The trade was a 17.57% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Michael R. Buchanan sold 1,000 shares of the company’s stock in a transaction dated Friday, September 5th. The shares were sold at an average price of $180.74, for a total transaction of $180,740.00. Following the transaction, the director directly owned 1,193 shares of the company’s stock, valued at $215,622.82. This represents a 45.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 32,376 shares of company stock worth $5,898,848 in the last ninety days. Insiders own 0.54% of the company’s stock.
About D.R. Horton
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.
Featured Articles
- Five stocks we like better than D.R. Horton
- Canada Bond Market Holiday: How to Invest and Trade
- MP Materials Stock Soared After Earnings—Here’s the Real Reason
- What is MarketRank™? How to Use it
- Why Palantir Slide May Be a Setup for a Long-Term Opportunity
- How to find penny stocks to invest and trade
- Attention Income Investors: This REIT Is on Sale
Want to see what other hedge funds are holding DHI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for D.R. Horton, Inc. (NYSE:DHI – Free Report).
Receive News & Ratings for D.R. Horton Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for D.R. Horton and related companies with MarketBeat.com's FREE daily email newsletter.
