FJ Capital Management LLC Makes New Investment in D.R. Horton, Inc. $DHI

FJ Capital Management LLC acquired a new stake in D.R. Horton, Inc. (NYSE:DHI) during the 1st quarter, Holdings Channel reports. The institutional investor acquired 12,719 shares of the construction company’s stock, valued at approximately $1,617,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Olde Wealth Management LLC acquired a new stake in D.R. Horton during the 1st quarter valued at $26,000. Bayforest Capital Ltd increased its holdings in shares of D.R. Horton by 340.4% in the first quarter. Bayforest Capital Ltd now owns 251 shares of the construction company’s stock valued at $32,000 after purchasing an additional 194 shares during the last quarter. Accredited Wealth Management LLC bought a new position in shares of D.R. Horton in the first quarter valued at about $34,000. Alpine Bank Wealth Management acquired a new stake in shares of D.R. Horton during the 1st quarter worth about $61,000. Finally, Continuum Advisory LLC boosted its holdings in shares of D.R. Horton by 25.8% during the 4th quarter. Continuum Advisory LLC now owns 487 shares of the construction company’s stock worth $68,000 after buying an additional 100 shares during the period. 90.63% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

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 transaction, the director owned 2,193 shares in the company, valued at approximately $280,046.10. This trade represents a 49.50% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.54% of the stock is owned by insiders.

D.R. Horton Stock Up 0.4%

Shares of NYSE DHI opened at $169.66 on Monday. The stock has a market capitalization of $50.58 billion, a P/E ratio of 13.61, a PEG ratio of 3.60 and a beta of 1.36. The stock’s fifty day moving average is $147.01 and its 200 day moving average is $132.43. D.R. Horton, Inc. has a 52 week low of $110.44 and a 52 week high of $199.85. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.19 and a current ratio of 7.06.

D.R. Horton (NYSE:DHI) last announced its quarterly earnings data 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. D.R. Horton had a net margin of 11.46% and a return on equity of 15.74%. The firm had revenue of $9.23 billion for the quarter, compared to the consensus estimate of $8.80 billion. During the same period in the prior year, the company posted $4.10 earnings per share. The business’s revenue for the quarter 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. Sell-side 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 disclosed a quarterly dividend, which was paid on Thursday, August 14th. Shareholders of record on Thursday, August 7th were given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 0.9%. The ex-dividend date was Thursday, August 7th. D.R. Horton’s payout ratio is currently 12.83%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. Keefe, Bruyette & Woods raised their price objective on shares of 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. Wells Fargo & Company increased 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. Royal Bank Of Canada boosted their price target on D.R. Horton from $105.00 to $117.00 and gave the company 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 report on Sunday, July 20th. Finally, UBS Group lifted their target price on D.R. Horton from $176.00 to $187.00 and gave the stock a “buy” rating in a report on Wednesday, July 23rd. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, six have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target 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.