Palogic Value Management L.P. Has $1.01 Million Stock Position in D.R. Horton, Inc. $DHI

Palogic Value Management L.P. raised its position in D.R. Horton, Inc. (NYSE:DHI) by 11.7% in the 1st quarter, HoldingsChannel reports. The fund owned 7,970 shares of the construction company’s stock after purchasing an additional 834 shares during the period. Palogic Value Management L.P.’s holdings in D.R. Horton were worth $1,013,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Olde Wealth Management LLC acquired a new position in D.R. Horton in the 1st quarter valued at approximately $26,000. Bayforest Capital Ltd raised its holdings in D.R. Horton by 340.4% in the 1st quarter. Bayforest Capital Ltd now owns 251 shares of the construction company’s stock valued at $32,000 after acquiring an additional 194 shares in the last quarter. Accredited Wealth Management LLC acquired a new position in D.R. Horton in the 1st quarter valued at approximately $34,000. Itau Unibanco Holding S.A. acquired a new position in D.R. Horton in the 4th quarter valued at approximately $43,000. Finally, Alpine Bank Wealth Management acquired a new position in shares of D.R. Horton in the 1st quarter worth approximately $61,000. Institutional investors and hedge funds own 90.63% of the company’s stock.

Wall Street Analyst Weigh In

DHI has been the subject of several analyst reports. Royal Bank Of Canada raised their target price on D.R. Horton from $105.00 to $117.00 and gave the stock an “underperform” rating in a research report on Wednesday, July 23rd. UBS Group raised their target price on D.R. Horton from $176.00 to $187.00 and gave the stock a “buy” rating in a research report on Wednesday, July 23rd. Wells Fargo & Company raised their target price on D.R. Horton from $160.00 to $175.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 23rd. Wedbush raised their target price on D.R. Horton from $155.00 to $170.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 23rd. Finally, Keefe, Bruyette & Woods raised their target price on D.R. Horton from $135.00 to $161.00 and gave the stock a “market perform” rating in a research report on Thursday, July 24th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $153.23.

Insider Activity at D.R. Horton

In other news, Director Michael R. Buchanan sold 2,150 shares of D.R. Horton stock in a transaction on 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. This trade represents a 49.50% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.54% of the company’s stock.

D.R. Horton Trading Up 0.4%

DHI stock opened at $169.66 on Friday. The business has a fifty day moving average price of $147.01 and a 200 day moving average price of $132.38. D.R. Horton, Inc. has a fifty-two week low of $110.44 and a fifty-two week high of $199.85. The stock has a market capitalization of $50.58 billion, a price-to-earnings ratio of 13.61, a P/E/G ratio of 3.59 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.

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

D.R. Horton Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, August 14th. Stockholders of record on Thursday, August 7th were paid 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 dividend payout ratio (DPR) is 12.83%.

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.