Bank of Montreal Can Sells 66,314 Shares of D.R. Horton, Inc. $DHI

Bank of Montreal Can decreased its stake in D.R. Horton, Inc. (NYSE:DHI) by 13.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 445,469 shares of the construction company’s stock after selling 66,314 shares during the period. Bank of Montreal Can owned about 0.15% of D.R. Horton worth $57,430,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Mutual Advisors LLC increased its holdings in shares of D.R. Horton by 4.8% in the 2nd quarter. Mutual Advisors LLC now owns 1,749 shares of the construction company’s stock worth $225,000 after buying an additional 80 shares during the last quarter. Horizon Investments LLC raised its stake in shares of D.R. Horton by 1.5% during the first quarter. Horizon Investments LLC now owns 5,586 shares of the construction company’s stock worth $708,000 after acquiring an additional 83 shares in the last quarter. Franchise Capital Ltd raised its stake in shares of D.R. Horton by 15.7% during the second quarter. Franchise Capital Ltd now owns 626 shares of the construction company’s stock worth $81,000 after acquiring an additional 85 shares in the last quarter. Sheaff Brock Investment Advisors LLC raised its stake in shares of D.R. Horton by 2.7% during the first quarter. Sheaff Brock Investment Advisors LLC now owns 3,696 shares of the construction company’s stock worth $470,000 after acquiring an additional 98 shares in the last quarter. Finally, Generali Investments Towarzystwo Funduszy Inwestycyjnych raised its stake in shares of D.R. Horton by 5.3% during the second quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych now owns 2,000 shares of the construction company’s stock worth $258,000 after acquiring an additional 100 shares in the last quarter. Institutional investors own 90.63% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have commented on DHI. Citigroup reissued a “market outperform” rating on shares of D.R. Horton in a research note on Thursday, October 30th. Wall Street Zen upgraded D.R. Horton from a “sell” rating to a “hold” rating in a research report on Sunday, July 20th. Royal Bank Of Canada boosted their price objective on D.R. Horton from $117.00 to $118.00 and gave the company an “underperform” rating in a research report on Wednesday, October 29th. Wells Fargo & Company boosted their price objective on D.R. Horton from $175.00 to $190.00 and gave the company an “overweight” rating in a research report on Tuesday, September 2nd. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of D.R. Horton in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $157.38.

D.R. Horton Stock Performance

D.R. Horton stock opened at $145.35 on Thursday. The stock’s 50 day simple moving average is $163.86 and its two-hundred day simple moving average is $144.96. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.19 and a current ratio of 6.48. The stock has a market cap of $43.33 billion, a price-to-earnings ratio of 12.54, a PEG ratio of 3.09 and a beta of 1.36. D.R. Horton, Inc. has a fifty-two week low of $110.44 and a fifty-two week high of $184.54.

D.R. Horton (NYSE:DHI) last posted its quarterly earnings data on Tuesday, October 28th. The construction company reported $3.04 earnings per share for the quarter, missing the consensus estimate of $3.29 by ($0.25). The firm had revenue of $9.68 billion for the quarter, compared to the consensus estimate of $9.44 billion. D.R. Horton had a net margin of 10.47% and a return on equity of 14.39%. The business’s revenue was down 3.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $3.92 earnings per share. D.R. Horton has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. As a group, analysts expect that D.R. Horton, Inc. will post 13.04 earnings per share for the current fiscal year.

D.R. Horton Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, November 20th. Investors of record on Thursday, November 13th will be paid a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Thursday, November 13th. This is an increase from D.R. Horton’s previous quarterly dividend of $0.40. D.R. Horton’s dividend payout ratio (DPR) is currently 15.53%.

Insider Buying and Selling

In related news, SVP Aron M. Odom sold 1,376 shares of the company’s stock in a transaction that occurred on Friday, September 5th. The stock was sold at an average price of $183.00, for a total value of $251,808.00. Following the sale, the senior vice president owned 6,457 shares in the company, valued at $1,181,631. This represents a 17.57% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Michael R. Buchanan sold 1,000 shares of the company’s stock in a transaction that occurred on Friday, September 5th. The stock was sold at an average price of $180.74, for a total value of $180,740.00. Following the completion of the sale, the director owned 1,193 shares in the company, valued at $215,622.82. The trade was a 45.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 32,376 shares of company stock worth $5,898,848 in the last 90 days. Insiders own 0.54% of the company’s stock.

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.