OneAscent Family Office LLC acquired a new position in D.R. Horton, Inc. (NYSE:DHI – Free Report) in the second quarter, HoldingsChannel.com reports. The institutional investor acquired 1,793 shares of the construction company’s stock, valued at approximately $231,000.
A number of other large investors also recently added to or reduced their stakes in the business. Edgestream Partners L.P. raised its stake in D.R. Horton by 1,710.0% in the first quarter. Edgestream Partners L.P. now owns 107,587 shares of the construction company’s stock worth $13,678,000 after buying an additional 101,643 shares in the last quarter. MQS Management LLC bought a new position in shares of D.R. Horton in the 1st quarter worth $1,132,000. Leavell Investment Management Inc. lifted its stake in shares of D.R. Horton by 19.8% during the 1st quarter. Leavell Investment Management Inc. now owns 3,326 shares of the construction company’s stock worth $423,000 after purchasing an additional 549 shares during the last quarter. Inspire Investing LLC boosted its position in D.R. Horton by 787.0% during the first quarter. Inspire Investing LLC now owns 20,384 shares of the construction company’s stock valued at $2,591,000 after purchasing an additional 18,086 shares in the last quarter. Finally, Swedbank AB grew its stake in D.R. Horton by 22.8% in the first quarter. Swedbank AB now owns 524,512 shares of the construction company’s stock valued at $66,681,000 after purchasing an additional 97,467 shares during the last quarter. 90.63% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
A number of analysts have recently weighed in on the stock. UBS Group raised their price target on shares of D.R. Horton from $187.00 to $195.00 and gave the company a “buy” rating in a report on Wednesday, October 29th. Bank of America lowered their target price on shares of D.R. Horton from $175.00 to $165.00 and set a “neutral” rating for the company in a research note on Friday, October 10th. Citigroup reiterated a “market outperform” rating on shares of D.R. Horton in a report on Thursday, October 30th. Royal Bank Of Canada raised their price objective on D.R. Horton from $117.00 to $118.00 and gave the stock an “underperform” rating in a research report on Wednesday, October 29th. Finally, Keefe, Bruyette & Woods reduced their target price on D.R. Horton from $178.00 to $175.00 and set a “market perform” rating on the stock in a research report on Wednesday, October 29th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $157.38.
Insider Buying and Selling at D.R. Horton
In other news, Director Michael R. Buchanan sold 1,000 shares of the firm’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 transaction, the director owned 1,193 shares in the company, valued at $215,622.82. This trade represents a 45.60% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Chairman David V. Auld sold 30,000 shares of the business’s stock in a transaction that occurred on Friday, September 5th. The stock was sold at an average price of $182.21, for a total value of $5,466,300.00. Following the sale, the chairman owned 815,672 shares of the company’s stock, valued at $148,623,595.12. The trade was a 3.55% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 32,376 shares of company stock valued at $5,898,848 over the last quarter. 0.54% of the stock is currently owned by insiders.
D.R. Horton Price Performance
Shares of NYSE DHI opened at $145.35 on Thursday. The firm has a market cap of $43.33 billion, a P/E ratio of 12.54, a P/E/G ratio of 3.09 and a beta of 1.36. D.R. Horton, Inc. has a 52 week low of $110.44 and a 52 week high of $184.54. The business’s 50 day moving average price is $163.86 and its 200 day moving average price is $144.96. The company has a quick ratio of 1.19, a current ratio of 6.48 and a debt-to-equity ratio of 0.24.
D.R. Horton (NYSE:DHI – Get Free Report) last posted its earnings results on Tuesday, October 28th. The construction company reported $3.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.29 by ($0.25). The business had revenue of $9.68 billion for the quarter, compared to analyst estimates of $9.44 billion. D.R. Horton had a net margin of 10.47% and a return on equity of 14.39%. The company’s revenue for the quarter was down 3.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $3.92 earnings per share. D.R. Horton has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. On average, sell-side analysts expect that D.R. Horton, Inc. will post 13.04 earnings per share for the current year.
D.R. Horton Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, November 20th. Stockholders of record on Thursday, November 13th will be paid a dividend of $0.45 per share. This is an increase from D.R. Horton’s previous quarterly dividend of $0.40. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, November 13th. D.R. Horton’s dividend payout ratio is presently 15.53%.
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.
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