D.R. Horton, Inc. $DHI Shares Acquired by Koshinski Asset Management Inc.

Koshinski Asset Management Inc. lifted its stake in shares of D.R. Horton, Inc. (NYSE:DHI) by 2.7% during the second quarter, HoldingsChannel.com reports. The firm owned 7,106 shares of the construction company’s stock after purchasing an additional 188 shares during the period. Koshinski Asset Management Inc.’s holdings in D.R. Horton were worth $916,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Mutual Advisors LLC grew its stake in shares of D.R. Horton by 4.8% during the 2nd quarter. Mutual Advisors LLC now owns 1,749 shares of the construction company’s stock worth $225,000 after purchasing an additional 80 shares during the period. Horizon Investments LLC grew its stake in shares of D.R. Horton by 1.5% during the 1st quarter. Horizon Investments LLC now owns 5,586 shares of the construction company’s stock worth $708,000 after purchasing an additional 83 shares during the period. Franchise Capital Ltd grew its stake in shares of D.R. Horton by 15.7% during the 2nd quarter. Franchise Capital Ltd now owns 626 shares of the construction company’s stock worth $81,000 after purchasing an additional 85 shares during the period. Sheaff Brock Investment Advisors LLC boosted its position in shares of D.R. Horton by 2.7% in the 1st quarter. Sheaff Brock Investment Advisors LLC now owns 3,696 shares of the construction company’s stock worth $470,000 after buying an additional 98 shares in the last quarter. Finally, Pinnacle Wealth Planning Services Inc. boosted its position in shares of D.R. Horton by 4.2% in the 1st quarter. Pinnacle Wealth Planning Services Inc. now owns 2,529 shares of the construction company’s stock worth $322,000 after buying an additional 101 shares in the last quarter. 90.63% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, Chairman David V. Auld sold 30,000 shares of the company’s stock in a transaction dated Friday, September 5th. The shares were sold at an average price of $182.21, for a total transaction of $5,466,300.00. Following the completion of the transaction, the chairman owned 815,672 shares of the company’s stock, valued at $148,623,595.12. This represents a 3.55% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Michael R. Buchanan sold 1,000 shares of the company’s stock in a transaction dated 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 a total of 32,376 shares of company stock valued at $5,898,848 in the last 90 days. 0.54% of the stock is currently owned by insiders.

D.R. Horton Price Performance

NYSE:DHI opened at $153.54 on Monday. The firm has a market cap of $45.77 billion, a price-to-earnings ratio of 12.31, a price-to-earnings-growth ratio of 3.19 and a beta of 1.40. The company has a current ratio of 7.06, a quick ratio of 1.19 and a debt-to-equity ratio of 0.29. The company’s 50-day moving average is $167.08 and its two-hundred day moving average is $142.01. D.R. Horton, Inc. has a 12-month low of $110.44 and a 12-month high of $195.50.

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

Analyst Ratings Changes

Several equities research analysts recently commented on DHI shares. Wedbush boosted their price objective on shares of D.R. Horton from $155.00 to $170.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 23rd. UBS Group boosted their price objective on shares of D.R. Horton from $176.00 to $187.00 and gave the stock a “buy” rating in a research report on Wednesday, July 23rd. Evercore ISI set a $169.00 price objective on shares of D.R. Horton and gave the stock an “in-line” rating in a research report on Tuesday, October 7th. Citigroup boosted their price objective on shares of D.R. Horton from $162.00 to $175.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 1st. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of D.R. Horton in a research report on Wednesday, October 8th. One research 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 given a Sell rating to the company’s stock. According to MarketBeat.com, D.R. Horton has a consensus rating of “Hold” and an average target price of $156.54.

About D.R. Horton

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.