Vanguard Personalized Indexing Management LLC Increases Stake in D.R. Horton, Inc. $DHI

Vanguard Personalized Indexing Management LLC boosted its stake in D.R. Horton, Inc. (NYSE:DHI) by 13.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 44,568 shares of the construction company’s stock after purchasing an additional 5,430 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in D.R. Horton were worth $5,746,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in DHI. Farther Finance Advisors LLC grew its position in shares of D.R. Horton by 15.3% in the 1st quarter. Farther Finance Advisors LLC now owns 2,614 shares of the construction company’s stock worth $333,000 after buying an additional 347 shares during the last quarter. GAMMA Investing LLC grew its position in shares of D.R. Horton by 51.0% in the 1st quarter. GAMMA Investing LLC now owns 7,211 shares of the construction company’s stock worth $917,000 after buying an additional 2,437 shares during the last quarter. Simon Quick Advisors LLC grew its position in shares of D.R. Horton by 12.6% in the 1st quarter. Simon Quick Advisors LLC now owns 1,650 shares of the construction company’s stock worth $210,000 after buying an additional 185 shares during the last quarter. Hennessy Advisors Inc. grew its position in shares of D.R. Horton by 14.3% in the 1st quarter. Hennessy Advisors Inc. now owns 18,400 shares of the construction company’s stock worth $2,339,000 after buying an additional 2,300 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC boosted its position in shares of D.R. Horton by 5.0% during the first quarter. Dynamic Advisor Solutions LLC now owns 27,076 shares of the construction company’s stock valued at $3,442,000 after purchasing an additional 1,287 shares in the last quarter. 90.63% of the stock is currently owned by institutional investors.

Insider Transactions at D.R. Horton

In other news, Director Michael R. Buchanan sold 1,000 shares of the business’s stock in a transaction 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 transaction, the director owned 1,193 shares in the company, valued at $215,622.82. The trade was a 45.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Chairman David V. Auld sold 30,000 shares of the business’s stock in a transaction 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 completion of the transaction, the chairman owned 815,672 shares of the company’s stock, valued at $148,623,595.12. This represents a 3.55% decrease in their position. The disclosure for this sale can be found here. Insiders sold 32,376 shares of company stock worth $5,898,848 over the last quarter. 0.54% of the stock is currently owned by insiders.

D.R. Horton Trading Up 0.5%

D.R. Horton stock opened at $152.32 on Tuesday. The company has a current ratio of 7.06, a quick ratio of 1.19 and a debt-to-equity ratio of 0.29. The business’s fifty day simple moving average is $167.11 and its two-hundred day simple moving average is $141.21. D.R. Horton, Inc. has a 12 month low of $110.44 and a 12 month high of $195.50. The company has a market capitalization of $45.41 billion, a price-to-earnings ratio of 12.22, a price-to-earnings-growth ratio of 3.15 and a beta of 1.40.

D.R. Horton (NYSE:DHI) last released its earnings results on Tuesday, July 22nd. The construction company reported $3.36 EPS for the quarter, topping the consensus estimate of $2.90 by $0.46. D.R. Horton had a return on equity of 15.74% and a net margin of 11.46%.The business had revenue of $9.23 billion for the quarter, compared to the consensus estimate of $8.80 billion. During the same period in the previous year, the company posted $4.10 earnings per share. The company’s revenue for the quarter was down 7.4% compared to the same quarter last year. D.R. Horton has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. As a group, equities analysts predict that D.R. Horton, Inc. will post 13.04 earnings per share for the current fiscal year.

D.R. Horton Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 14th. Stockholders of record on Thursday, August 7th were paid a $0.40 dividend. The ex-dividend date was Thursday, August 7th. This represents a $1.60 annualized dividend and a dividend yield of 1.1%. D.R. Horton’s payout ratio is currently 12.83%.

Analysts Set New Price Targets

Several research firms recently weighed in on DHI. Weiss Ratings restated a “hold (c+)” rating on shares of D.R. Horton in a research report on Wednesday, October 8th. Wall Street Zen upgraded D.R. Horton from a “sell” rating to a “hold” rating in a research report on Sunday, July 20th. Wells Fargo & Company lifted their price target 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. Evercore ISI set a $169.00 price target on D.R. Horton and gave the company an “in-line” rating in a research report on Tuesday, October 7th. Finally, Keefe, Bruyette & Woods lifted their price target on D.R. Horton from $135.00 to $161.00 and gave the company a “market perform” rating in a research report on Thursday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $156.54.

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.