D.R. Horton, Inc. $DHI Shares Acquired by AlphaQuest LLC

AlphaQuest LLC grew its position in D.R. Horton, Inc. (NYSE:DHI) by 296.0% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,897 shares of the construction company’s stock after buying an additional 8,893 shares during the quarter. AlphaQuest LLC’s holdings in D.R. Horton were worth $1,512,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of DHI. Allspring Global Investments Holdings LLC grew its stake in shares of D.R. Horton by 652.0% in the first quarter. Allspring Global Investments Holdings LLC now owns 1,981,609 shares of the construction company’s stock valued at $252,477,000 after buying an additional 1,718,094 shares in the last quarter. Pacer Advisors Inc. grew its stake in D.R. Horton by 4,630.6% during the 1st quarter. Pacer Advisors Inc. now owns 1,691,056 shares of the construction company’s stock worth $214,984,000 after purchasing an additional 1,655,309 shares in the last quarter. GAMMA Investing LLC grew its stake in D.R. Horton by 19,102.6% during the 1st quarter. GAMMA Investing LLC now owns 916,734 shares of the construction company’s stock worth $116,544,000 after purchasing an additional 911,960 shares in the last quarter. Two Sigma Investments LP grew its stake in D.R. Horton by 1,838.0% during the 4th quarter. Two Sigma Investments LP now owns 877,644 shares of the construction company’s stock worth $122,712,000 after purchasing an additional 832,358 shares in the last quarter. Finally, Nuveen LLC acquired a new position in D.R. Horton during the 1st quarter worth $98,382,000. 90.63% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at D.R. Horton

In other news, Director Michael R. Buchanan sold 2,150 shares of the business’s stock in a transaction dated Tuesday, June 24th. The stock was sold at an average price of $127.70, for a total value of $274,555.00. Following the completion of the sale, the director directly owned 2,193 shares of the company’s stock, valued at approximately $280,046.10. The trade was a 49.50% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.54% of the company’s stock.

D.R. Horton Stock Up 5.5%

Shares of NYSE DHI opened at $170.7610 on Friday. The company has a market capitalization of $50.91 billion, a price-to-earnings ratio of 13.69, a price-to-earnings-growth ratio of 3.44 and a beta of 1.34. The company has a debt-to-equity ratio of 0.29, a current ratio of 7.06 and a quick ratio of 1.19. The business has a 50-day moving average of $142.34 and a two-hundred day moving average of $131.14. D.R. Horton, Inc. has a 1 year low of $110.44 and a 1 year high of $199.85.

D.R. Horton (NYSE:DHI) last announced its quarterly earnings results on Tuesday, July 22nd. The construction company reported $3.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.90 by $0.46. The company had revenue of $9.23 billion during the quarter, compared to the consensus estimate of $8.80 billion. D.R. Horton had a return on equity of 15.74% and a net margin of 11.46%.D.R. Horton’s revenue for the quarter was down 7.4% on a year-over-year basis. During the same period in the previous year, the business earned $4.10 EPS. D.R. Horton has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. On average, analysts forecast that D.R. Horton, Inc. will post 13.04 earnings per share for the current fiscal year.

D.R. Horton Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, August 14th. Stockholders of record on Thursday, August 7th were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend was Thursday, August 7th. D.R. Horton’s payout ratio is presently 12.83%.

Analyst Upgrades and Downgrades

DHI has been the subject of several analyst reports. Keefe, Bruyette & Woods boosted their target price on D.R. Horton from $135.00 to $161.00 and gave the stock a “market perform” rating in a research note on Thursday, July 24th. Royal Bank Of Canada boosted their target price on D.R. Horton from $105.00 to $117.00 and gave the stock an “underperform” rating in a research note on Wednesday, July 23rd. Wall Street Zen raised D.R. Horton from a “sell” rating to a “hold” rating in a research note on Sunday, July 20th. UBS Group boosted their target price on D.R. Horton from $176.00 to $187.00 and gave the stock a “buy” rating in a research note on Wednesday, July 23rd. Finally, Wells Fargo & Company boosted their target price on D.R. Horton from $160.00 to $175.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 23rd. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, six have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $153.23.

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.