Omnia Family Wealth LLC Acquires 175 Shares of D.R. Horton, Inc. (NYSE:DHI)

Omnia Family Wealth LLC increased its holdings in D.R. Horton, Inc. (NYSE:DHI) by 8.6% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,203 shares of the construction company’s stock after acquiring an additional 175 shares during the quarter. Omnia Family Wealth LLC’s holdings in D.R. Horton were worth $280,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently modified their holdings of the company. Exchange Traded Concepts LLC increased its stake in shares of D.R. Horton by 25.0% in the 1st quarter. Exchange Traded Concepts LLC now owns 2,555 shares of the construction company’s stock worth $325,000 after acquiring an additional 511 shares in the last quarter. Bank Pictet & Cie Europe AG increased its stake in shares of D.R. Horton by 1.6% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 319,166 shares of the construction company’s stock worth $44,626,000 after acquiring an additional 5,052 shares in the last quarter. OneAscent Financial Services LLC increased its stake in shares of D.R. Horton by 21.2% in the 4th quarter. OneAscent Financial Services LLC now owns 3,325 shares of the construction company’s stock worth $465,000 after acquiring an additional 582 shares in the last quarter. Ritholtz Wealth Management increased its stake in shares of D.R. Horton by 6.5% in the 1st quarter. Ritholtz Wealth Management now owns 2,124 shares of the construction company’s stock worth $270,000 after acquiring an additional 129 shares in the last quarter. Finally, Proficio Capital Partners LLC grew its position in D.R. Horton by 59.5% during the 4th quarter. Proficio Capital Partners LLC now owns 1,880 shares of the construction company’s stock valued at $263,000 after purchasing an additional 701 shares during the last quarter. 90.63% of the stock is currently owned by institutional investors.

Insider Activity

In related news, Director Michael R. Buchanan sold 2,150 shares of the business’s stock in a transaction on Tuesday, June 24th. The shares were sold at an average price of $127.70, for a total value of $274,555.00. Following the sale, the director now owns 2,193 shares in the company, valued at approximately $280,046.10. The trade was a 49.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.54% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on DHI. BTIG Research cut their price objective on shares of D.R. Horton from $171.00 to $150.00 and set a “buy” rating on the stock in a research report on Wednesday, April 16th. Their comments are based on a broader research note on Homebuilders ahead of the industry’s start of the earnings season. The firm is projecting a 7% decline in U.S. new home sales and a 27% average decline in earnings due to lower consumer confidence as a result of heightened uncertainty about the future in terms of both income/job security and cost of living along with still-relatively high interest rates. JMP Securities cut their price objective on shares of D.R. Horton from $210.00 to $180.00 and set a “market outperform” rating on the stock in a research report on Monday, April 21st. Bank of America cut their price objective on shares of D.R. Horton from $150.00 to $125.00 and set a “neutral” rating on the stock in a research report on Thursday, April 17th. Softer demand and elevated incentives impacting outlook through H2 2025 Wells Fargo & Company dropped their price target on shares of D.R. Horton from $175.00 to $160.00 and set an “overweight” rating on the stock in a report on Monday, April 14th. Finally, Royal Bank Of Canada dropped their price target on shares of D.R. Horton from $125.00 to $105.00 and set an “underperform” rating on the stock in a report on Monday, April 21st. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $151.15.

D.R. Horton Trading Down 1.8%

D.R. Horton stock opened at $127.34 on Thursday. The stock has a market cap of $39.12 billion, a P/E ratio of 9.64, a PEG ratio of 4.05 and a beta of 1.37. The company has a debt-to-equity ratio of 0.26, a current ratio of 7.29 and a quick ratio of 1.15. D.R. Horton, Inc. has a 1 year low of $110.44 and a 1 year high of $199.85. The firm’s 50 day moving average price is $123.05 and its 200-day moving average price is $130.49.

D.R. Horton (NYSE:DHI) last released its quarterly earnings data on Thursday, April 17th. The construction company reported $2.58 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.69 by ($0.11). The company had revenue of $7.73 billion for the quarter, compared to the consensus estimate of $8.07 billion. D.R. Horton had a net margin of 12.15% and a return on equity of 16.95%. During the same quarter in the previous year, the business earned $3.52 EPS. On average, equities analysts predict that D.R. Horton, Inc. will post 13.04 earnings per share for the current fiscal year.

D.R. Horton Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 9th. Stockholders of record on Friday, May 2nd were given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 1.26%. The ex-dividend date was Friday, May 2nd. D.R. Horton’s payout ratio is currently 12.11%.

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.