PNC Financial Services Group Inc. Decreases Stake in D.R. Horton, Inc. $DHI

PNC Financial Services Group Inc. cut its holdings in shares of D.R. Horton, Inc. (NYSE:DHI) by 1.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 213,559 shares of the construction company’s stock after selling 4,193 shares during the quarter. PNC Financial Services Group Inc. owned approximately 0.07% of D.R. Horton worth $27,532,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Cerity Partners LLC lifted its position in shares of D.R. Horton by 9.4% during the first quarter. Cerity Partners LLC now owns 32,067 shares of the construction company’s stock worth $4,077,000 after acquiring an additional 2,745 shares in the last quarter. Stephens Inc. AR raised its stake in shares of D.R. Horton by 9.1% during the 1st quarter. Stephens Inc. AR now owns 3,819 shares of the construction company’s stock valued at $485,000 after purchasing an additional 319 shares during the period. CWM LLC raised its stake in shares of D.R. Horton by 71.1% during the 1st quarter. CWM LLC now owns 20,133 shares of the construction company’s stock valued at $2,560,000 after purchasing an additional 8,366 shares during the period. Kingsview Wealth Management LLC bought a new position in D.R. Horton in the 1st quarter worth about $8,873,000. Finally, Archer Investment Corp grew its holdings in D.R. Horton by 4,950.0% during the 1st quarter. Archer Investment Corp now owns 2,020 shares of the construction company’s stock valued at $257,000 after buying an additional 1,980 shares in the last quarter. Institutional investors own 90.63% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Bank of America lowered 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 report on Friday, October 10th. Wall Street Zen raised shares of D.R. Horton from a “sell” rating to a “hold” rating in a report on Sunday, July 20th. Weiss Ratings restated a “hold (c+)” rating on shares of D.R. Horton in a research report on Wednesday, October 8th. Wells Fargo & Company lifted their price objective on D.R. Horton from $175.00 to $190.00 and gave the company an “overweight” rating in a research note on Tuesday, September 2nd. Finally, Keefe, Bruyette & Woods decreased 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 note on Wednesday, October 29th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, D.R. Horton presently has a consensus rating of “Hold” and a consensus price target of $157.38.

Insider Buying and Selling at D.R. Horton

In other news, Chairman David V. Auld sold 30,000 shares of the stock in a transaction on Friday, September 5th. The shares were sold at an average price of $182.21, for a total value of $5,466,300.00. Following the completion of the sale, the chairman directly owned 815,672 shares of the company’s stock, valued at $148,623,595.12. This represents a 3.55% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Michael R. Buchanan sold 1,000 shares of D.R. Horton stock in a transaction on Friday, September 5th. The stock was sold at an average price of $180.74, for a total transaction of $180,740.00. Following the completion of the transaction, the director directly owned 1,193 shares of the company’s stock, valued at $215,622.82. The trade was a 45.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 32,376 shares of company stock valued at $5,898,848. 0.54% of the stock is owned by company insiders.

D.R. Horton Stock Down 0.8%

DHI opened at $142.20 on Friday. The business’s fifty day simple moving average is $159.92 and its 200 day simple moving average is $145.80. D.R. Horton, Inc. has a 52 week low of $110.44 and a 52 week high of $184.54. The company has a quick ratio of 1.19, a current ratio of 6.48 and a debt-to-equity ratio of 0.24. The stock has a market cap of $42.39 billion, a PE ratio of 12.27, a P/E/G ratio of 3.09 and a beta of 1.36.

D.R. Horton (NYSE:DHI) last announced its quarterly earnings data on Tuesday, October 28th. The construction company reported $3.04 EPS 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%. D.R. Horton’s revenue for the quarter was down 3.2% compared to the same quarter last year. During the same quarter last year, the company 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, 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 announced a quarterly dividend, which will be paid on Thursday, November 20th. Shareholders of record on Thursday, November 13th will be issued a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 1.3%. This is a positive change from D.R. Horton’s previous quarterly dividend of $0.40. 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 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.