Future Fund LLC lifted its stake in shares of D.R. Horton, Inc. (NYSE:DHI – Free Report) by 10.2% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 5,325 shares of the construction company’s stock after purchasing an additional 494 shares during the quarter. Future Fund LLC’s holdings in D.R. Horton were worth $686,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. lifted its holdings in shares of D.R. Horton by 1.9% during the 1st quarter. Vanguard Group Inc. now owns 33,664,013 shares of the construction company’s stock worth $4,279,706,000 after acquiring an additional 642,642 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of D.R. Horton by 1.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 3,509,407 shares of the construction company’s stock valued at $446,093,000 after purchasing an additional 33,412 shares in the last quarter. Allspring Global Investments Holdings LLC increased its stake in shares of D.R. Horton by 42.7% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 2,827,694 shares of the construction company’s stock valued at $378,628,000 after purchasing an additional 846,085 shares during the last quarter. Invesco Ltd. raised its holdings in shares of D.R. Horton by 23.1% during the 1st quarter. Invesco Ltd. now owns 2,520,422 shares of the construction company’s stock worth $320,421,000 after buying an additional 472,382 shares in the last quarter. Finally, Amundi lifted its position in shares of D.R. Horton by 60.2% during the 1st quarter. Amundi now owns 2,176,211 shares of the construction company’s stock worth $266,811,000 after buying an additional 817,998 shares during the last quarter. Institutional investors and hedge funds own 90.63% of the company’s stock.
Analysts Set New Price Targets
DHI has been the topic of a number of research analyst reports. Bank of America reduced their price target on shares of D.R. Horton from $175.00 to $165.00 and set a “neutral” rating on the stock in a research note on Friday, October 10th. Wells Fargo & Company boosted their target price on shares of D.R. Horton from $175.00 to $190.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 2nd. Royal Bank Of Canada increased their price target on D.R. Horton from $117.00 to $118.00 and gave the company an “underperform” rating in a research note on Wednesday, October 29th. Wall Street Zen raised D.R. Horton from a “sell” rating to a “hold” rating in a report on Sunday, July 20th. Finally, Wedbush upped their target price on D.R. Horton from $155.00 to $170.00 and gave the stock a “neutral” rating in a report on Wednesday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, D.R. Horton presently has an average rating of “Hold” and an average target price of $157.38.
Insider Buying and Selling at D.R. Horton
In related news, Director Michael R. Buchanan sold 1,000 shares of D.R. Horton stock in a transaction dated 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 of the company’s stock, valued at approximately $215,622.82. This trade represents a 45.60% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, 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 sale, the chairman directly owned 815,672 shares in the company, valued at approximately $148,623,595.12. This trade represents a 3.55% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 32,376 shares of company stock valued at $5,898,848. Company insiders own 0.54% of the company’s stock.
D.R. Horton Stock Down 0.5%
DHI stock opened at $144.51 on Monday. The stock’s 50 day simple moving average is $162.88 and its 200 day simple moving average is $145.41. D.R. Horton, Inc. has a fifty-two week low of $110.44 and a fifty-two week high of $184.54. 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 company has a market cap of $43.08 billion, a P/E ratio of 12.47, a price-to-earnings-growth ratio of 3.09 and a beta of 1.36.
D.R. Horton (NYSE:DHI – Get Free Report) last released its quarterly earnings data on Tuesday, October 28th. The construction company reported $3.04 earnings per share for the quarter, missing analysts’ consensus estimates of $3.29 by ($0.25). The business had revenue of $9.68 billion during 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 firm’s quarterly revenue was down 3.2% on a year-over-year basis. During the same period last year, the business posted $3.92 earnings per share. D.R. Horton has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. On average, research 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 disclosed a quarterly dividend, which will be paid on Thursday, November 20th. Shareholders of record on Thursday, November 13th will be given a $0.45 dividend. This is a positive change from D.R. Horton’s previous quarterly dividend of $0.40. This represents a $1.80 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Thursday, November 13th. D.R. Horton’s payout ratio is presently 15.53%.
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.
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