Intech Investment Management LLC Raises Holdings in D.R. Horton, Inc. $DHI

Intech Investment Management LLC increased its position in D.R. Horton, Inc. (NYSE:DHI) by 11.9% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 14,108 shares of the construction company’s stock after acquiring an additional 1,500 shares during the quarter. Intech Investment Management LLC’s holdings in D.R. Horton were worth $1,819,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in shares of D.R. Horton by 1.9% in the first quarter. Vanguard Group Inc. now owns 33,664,013 shares of the construction company’s stock valued at $4,279,706,000 after purchasing an additional 642,642 shares during the period. Dimensional Fund Advisors LP raised its holdings in D.R. Horton by 1.0% during 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 acquiring an additional 33,412 shares during the period. Allspring Global Investments Holdings LLC lifted its position in shares of D.R. Horton by 42.7% during the second quarter. Allspring Global Investments Holdings LLC now owns 2,827,694 shares of the construction company’s stock worth $378,628,000 after acquiring an additional 846,085 shares in the last quarter. Invesco Ltd. boosted its holdings in shares of D.R. Horton by 23.1% in the first quarter. Invesco Ltd. now owns 2,520,422 shares of the construction company’s stock worth $320,421,000 after acquiring an additional 472,382 shares during the period. Finally, Amundi grew its position in shares of D.R. Horton by 60.2% in the first quarter. Amundi now owns 2,176,211 shares of the construction company’s stock valued at $266,811,000 after purchasing an additional 817,998 shares in the last quarter. 90.63% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts recently issued reports on DHI shares. UBS Group increased their price objective on D.R. Horton from $187.00 to $195.00 and gave the stock a “buy” rating in a report on Wednesday, October 29th. Bank of America cut their price objective on shares of D.R. Horton from $175.00 to $165.00 and set a “neutral” rating for the company in a research report on Friday, October 10th. Keefe, Bruyette & Woods reduced their price objective on shares of D.R. Horton from $178.00 to $175.00 and set a “market perform” rating for the company in a research note on Wednesday, October 29th. Citigroup reiterated a “market outperform” rating on shares of D.R. Horton in a research note on Thursday, October 30th. Finally, Evercore ISI set a $169.00 price target on shares of D.R. Horton and gave the company an “in-line” rating in a research report on Tuesday, October 7th. One 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. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $157.38.

Insiders Place Their Bets

In related news, Director Michael R. Buchanan sold 1,000 shares of the firm’s stock in a transaction dated Friday, September 5th. The stock was 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 trade represents a 45.60% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, 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 completion of the sale, the senior vice president directly owned 6,457 shares of the company’s stock, valued at approximately $1,181,631. This represents a 17.57% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 32,376 shares of company stock valued at $5,898,848 over the last 90 days. Insiders own 0.54% of the company’s stock.

D.R. Horton Trading Up 6.9%

Shares of D.R. Horton stock opened at $146.73 on Friday. D.R. Horton, Inc. has a 1 year low of $110.44 and a 1 year high of $184.54. The firm has a market cap of $43.74 billion, a PE ratio of 12.66, a PEG ratio of 3.09 and a beta of 1.36. The company has a debt-to-equity ratio of 0.24, a current ratio of 6.48 and a quick ratio of 1.19. The company has a 50 day simple moving average of $155.92 and a two-hundred day simple moving average of $146.27.

D.R. Horton (NYSE:DHI) last issued its quarterly earnings results on Tuesday, October 28th. The construction company reported $3.04 EPS for the quarter, missing analysts’ consensus estimates of $3.29 by ($0.25). The company had revenue of $9.68 billion during the quarter, compared to the consensus estimate of $9.44 billion. D.R. Horton had a return on equity of 14.39% and a net margin of 10.47%.D.R. Horton’s quarterly revenue was down 3.2% on a year-over-year basis. During the same period in the previous year, the company earned $3.92 EPS. D.R. Horton has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. 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 company also recently declared a quarterly dividend, which was paid on Thursday, November 20th. Shareholders of record on Thursday, November 13th were given a dividend of $0.45 per share. The ex-dividend date was Thursday, November 13th. This is a positive change from D.R. Horton’s previous quarterly dividend of $0.40. This represents a $1.80 dividend on an annualized basis and a yield of 1.2%. D.R. Horton’s dividend payout ratio (DPR) is 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.