Greenhaven Associates Inc. Lowers Stake in Meritage Homes Corporation $MTH

Greenhaven Associates Inc. reduced its stake in shares of Meritage Homes Corporation (NYSE:MTH) by 2.6% in the third quarter, according to its most recent filing with the SEC. The fund owned 1,452,954 shares of the construction company’s stock after selling 39,001 shares during the period. Meritage Homes makes up 1.6% of Greenhaven Associates Inc.’s investment portfolio, making the stock its 13th biggest position. Greenhaven Associates Inc. owned about 2.04% of Meritage Homes worth $105,237,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in MTH. Archer Investment Corp boosted its holdings in shares of Meritage Homes by 11.4% in the 3rd quarter. Archer Investment Corp now owns 1,559 shares of the construction company’s stock worth $113,000 after purchasing an additional 159 shares in the last quarter. Arkadios Wealth Advisors lifted its position in Meritage Homes by 3.3% in the 3rd quarter. Arkadios Wealth Advisors now owns 5,749 shares of the construction company’s stock worth $416,000 after buying an additional 183 shares during the last quarter. QRG Capital Management Inc. boosted its stake in Meritage Homes by 2.5% in the second quarter. QRG Capital Management Inc. now owns 8,658 shares of the construction company’s stock worth $580,000 after buying an additional 208 shares in the last quarter. Signaturefd LLC grew its position in Meritage Homes by 54.9% during the second quarter. Signaturefd LLC now owns 618 shares of the construction company’s stock valued at $41,000 after acquiring an additional 219 shares during the last quarter. Finally, M&T Bank Corp raised its stake in shares of Meritage Homes by 5.6% during the second quarter. M&T Bank Corp now owns 4,806 shares of the construction company’s stock worth $322,000 after acquiring an additional 256 shares in the last quarter. Institutional investors own 98.44% of the company’s stock.

Meritage Homes News Summary

Here are the key news stories impacting Meritage Homes this week:

• Positive Sentiment: Q4 EPS beat consensus: Meritage reported $1.67 EPS versus estimates of $1.55 and disclosed an adjusted home-closing gross margin (~19.3% excluding one-offs), which shows some operational resilience. GlobeNewswire: Q4 results
• Positive Sentiment: Analyst support: Several firms maintain buy ratings and above-current price targets (including UBS and others), which could limit downside if execution stabilizes. QuiverQuant: Q4 release & analyst notes
• Neutral Sentiment: Earnings call details and presentation posted — useful for drilling into forward commentary, backlog, pricing and cost assumptions but not a direct market mover by itself. Seeking Alpha: Q4 call transcript
• Negative Sentiment: Q1 2026 guidance slashed: Management updated Q1 EPS guidance to $0.87–$1.13 versus consensus ~$1.53, a clear downward revision that drove the immediate negative market reaction. Investing.com: Stock tumbles on weak outlook
• Negative Sentiment: Revenue and margin pressure: Q4 revenue came in below estimates (~$1.44B vs. ~$1.51B est) and YoY revenue and profit declines point to continued market softness and margin compression. QuiverQuant: Q4 metrics & revenue miss
• Negative Sentiment: Insider selling and mixed institutional flows: Recent insider sales were reported and hedge fund position changes have been sizeable, which can increase near-term selling pressure. QuiverQuant: insider & institutional activity
• Neutral Sentiment: Valuation check commentary is circulating as the share price weakens — some see upside to targets if rate/market dynamics improve, others see risks from slowing closings. Yahoo Finance: Valuation check

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Citigroup started coverage on shares of Meritage Homes in a research note on Wednesday, January 7th. They issued an “outperform” rating for the company. UBS Group set a $95.00 price target on shares of Meritage Homes in a research report on Friday. Bank of America reaffirmed a “neutral” rating and set a $82.00 price objective (up from $75.00) on shares of Meritage Homes in a research note on Friday, January 16th. The Goldman Sachs Group reissued a “buy” rating and issued a $90.00 target price on shares of Meritage Homes in a research note on Tuesday, January 13th. Finally, Wall Street Zen lowered Meritage Homes from a “hold” rating to a “sell” rating in a research report on Sunday, January 11th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Meritage Homes currently has an average rating of “Hold” and a consensus price target of $83.50.

Meritage Homes Stock Down 0.6%

Shares of NYSE:MTH opened at $69.51 on Friday. Meritage Homes Corporation has a 1 year low of $59.27 and a 1 year high of $84.74. The company has a market cap of $4.89 billion, a PE ratio of 11.00 and a beta of 1.48. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.10 and a quick ratio of 1.95. The stock’s 50-day moving average is $70.92 and its 200 day moving average is $71.84.

Meritage Homes (NYSE:MTH) last released its quarterly earnings results on Wednesday, January 28th. The construction company reported $1.67 EPS for the quarter, beating analysts’ consensus estimates of $1.55 by $0.12. The business had revenue of $1.44 billion during the quarter, compared to analyst estimates of $1.51 billion. Meritage Homes had a return on equity of 9.28% and a net margin of 7.73%.Meritage Homes’s quarterly revenue was down 11.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $4.72 EPS. Sell-side analysts anticipate that Meritage Homes Corporation will post 9.44 EPS for the current year.

Meritage Homes Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Wednesday, December 17th were issued a $0.43 dividend. The ex-dividend date was Wednesday, December 17th. This represents a $1.72 annualized dividend and a yield of 2.5%. Meritage Homes’s payout ratio is 27.22%.

Meritage Homes Company Profile

Meritage Homes Corporation is a national homebuilder and residential developer headquartered in Scottsdale, Arizona. Founded in 1985 as Winchester Homes and later rebranded to Meritage Homes, the company specializes in designing, constructing and selling single‐family detached and attached homes. With a focus on energy efficiency and sustainable building practices, Meritage Homes markets its properties under the GreenSmart program, which integrates high‐performance features aimed at reducing long‐term energy and water consumption for homebuyers.

The company’s core activities encompass land acquisition, residential community planning, home design, construction management and real estate sales.