Blair William & Co. IL Sells 1,087 Shares of D.R. Horton, Inc. $DHI

Blair William & Co. IL trimmed its holdings in D.R. Horton, Inc. (NYSE:DHI) by 3.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 35,653 shares of the construction company’s stock after selling 1,087 shares during the period. Blair William & Co. IL’s holdings in D.R. Horton were worth $4,596,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in DHI. Allspring Global Investments Holdings LLC lifted 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. lifted its position in shares of D.R. Horton by 4,630.6% during the first quarter. Pacer Advisors Inc. now owns 1,691,056 shares of the construction company’s stock valued at $214,984,000 after purchasing an additional 1,655,309 shares in the last quarter. Amundi lifted its position in shares of D.R. Horton by 60.2% during the first quarter. Amundi now owns 2,176,211 shares of the construction company’s stock valued at $266,811,000 after purchasing an additional 817,998 shares in the last quarter. Nuveen LLC bought a new position in shares of D.R. Horton during the first quarter valued at about $98,382,000. Finally, Vanguard Group Inc. lifted its position in shares of D.R. Horton by 1.9% during the first quarter. Vanguard Group Inc. now owns 33,664,013 shares of the construction company’s stock valued at $4,279,706,000 after purchasing an additional 642,642 shares in the last quarter. 90.63% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. Wall Street Zen raised shares of D.R. Horton from a “sell” rating to a “hold” rating in a research report on Sunday, July 20th. Keefe, Bruyette & Woods raised their price target on shares of D.R. Horton from $135.00 to $161.00 and gave the company a “market perform” rating in a research report on Thursday, July 24th. Evercore ISI set a $169.00 price target on shares of D.R. Horton and gave the company an “in-line” rating in a research report on Tuesday, October 7th. Royal Bank Of Canada raised their price target on shares of D.R. Horton from $105.00 to $117.00 and gave the company an “underperform” rating in a research report on Wednesday, July 23rd. Finally, Wells Fargo & Company lifted their price objective on shares of D.R. Horton from $175.00 to $190.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 2nd. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $156.54.

Insider Transactions at D.R. Horton

In related news, SVP Aron M. Odom sold 1,376 shares of the business’s stock in a transaction that occurred on Friday, September 5th. The shares were sold at an average price of $183.00, for a total transaction of $251,808.00. Following the completion of the transaction, the senior vice president owned 6,457 shares of the company’s stock, valued at approximately $1,181,631. The trade was a 17.57% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Michael R. Buchanan sold 1,000 shares of the business’s stock in a transaction that occurred on Friday, September 5th. The shares were sold at an average price of $180.74, for a total transaction of $180,740.00. Following the transaction, the director directly owned 1,193 shares of the company’s stock, valued at approximately $215,622.82. This represents a 45.60% decrease in their position. The disclosure for this sale can be found here. Insiders sold 32,376 shares of company stock worth $5,898,848 over the last quarter. Corporate insiders own 0.54% of the company’s stock.

D.R. Horton Price Performance

DHI opened at $151.30 on Monday. The company has a market capitalization of $45.11 billion, a price-to-earnings ratio of 12.13, a PEG ratio of 3.15 and a beta of 1.40. The company has a quick ratio of 1.19, a current ratio of 7.06 and a debt-to-equity ratio of 0.29. The firm has a 50-day moving average price of $167.13 and a 200-day moving average price of $141.03. D.R. Horton, Inc. has a twelve month low of $110.44 and a twelve month high of $195.50.

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

D.R. Horton Announces Dividend

The firm 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. The ex-dividend date was Thursday, August 7th. This represents a $1.60 annualized dividend and a dividend yield of 1.1%. D.R. Horton’s dividend payout ratio (DPR) is presently 12.83%.

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.