Lyell Wealth Management LP Has $14.78 Million Position in D.R. Horton, Inc. $DHI

Lyell Wealth Management LP boosted its position in D.R. Horton, Inc. (NYSE:DHI) by 3.3% in the second quarter, Holdings Channel.com reports. The firm owned 114,625 shares of the construction company’s stock after purchasing an additional 3,633 shares during the quarter. D.R. Horton comprises 1.2% of Lyell Wealth Management LP’s portfolio, making the stock its 29th biggest holding. Lyell Wealth Management LP’s holdings in D.R. Horton were worth $14,777,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Mutual Advisors LLC increased its holdings in D.R. Horton by 4.8% in the 2nd quarter. Mutual Advisors LLC now owns 1,749 shares of the construction company’s stock worth $225,000 after purchasing an additional 80 shares in the last quarter. Horizon Investments LLC increased its stake in shares of D.R. Horton by 1.5% in the first quarter. Horizon Investments LLC now owns 5,586 shares of the construction company’s stock valued at $708,000 after buying an additional 83 shares during the period. Franchise Capital Ltd increased its stake in shares of D.R. Horton by 15.7% in the second quarter. Franchise Capital Ltd now owns 626 shares of the construction company’s stock valued at $81,000 after buying an additional 85 shares during the period. Sheaff Brock Investment Advisors LLC increased its stake in shares of D.R. Horton by 2.7% in the first quarter. Sheaff Brock Investment Advisors LLC now owns 3,696 shares of the construction company’s stock valued at $470,000 after buying an additional 98 shares during the period. Finally, Pinnacle Wealth Planning Services Inc. increased its stake in shares of D.R. Horton by 4.2% in the first quarter. Pinnacle Wealth Planning Services Inc. now owns 2,529 shares of the construction company’s stock valued at $322,000 after buying an additional 101 shares during the period. Institutional investors and hedge funds own 90.63% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on DHI. Wedbush increased their price target on D.R. Horton from $155.00 to $170.00 and gave the company a “neutral” rating in a research note on Wednesday, July 23rd. Wall Street Zen raised D.R. Horton from a “sell” rating to a “hold” rating in a research note on Sunday, July 20th. Weiss Ratings reissued a “hold (c+)” rating on shares of D.R. Horton in a research note on Wednesday, October 8th. Royal Bank Of Canada increased their price target on D.R. Horton from $105.00 to $117.00 and gave the company an “underperform” rating in a research note on Wednesday, July 23rd. Finally, Citigroup raised their target price on D.R. Horton from $162.00 to $175.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 1st. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, D.R. Horton currently has a consensus rating of “Hold” and an average target price of $156.54.

D.R. Horton Trading Up 0.4%

NYSE DHI opened at $153.54 on Monday. The business has a 50 day simple moving average of $167.08 and a 200 day simple moving average of $142.01. D.R. Horton, Inc. has a one year low of $110.44 and a one year high of $195.50. The stock has a market capitalization of $45.77 billion, a P/E ratio of 12.31, a P/E/G ratio of 3.19 and a beta of 1.40. The company has a debt-to-equity ratio of 0.29, a current ratio of 7.06 and a quick ratio of 1.19.

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. The business had revenue of $9.23 billion during the quarter, compared to analysts’ expectations of $8.80 billion. D.R. Horton had a return on equity of 15.74% and a net margin of 11.46%.The firm’s revenue was down 7.4% on a year-over-year basis. During the same quarter last year, the firm posted $4.10 earnings per share. D.R. Horton has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. Research analysts expect that D.R. Horton, Inc. will post 13.04 earnings per share for the current year.

Insiders Place Their Bets

In other D.R. Horton news, Director Michael R. Buchanan sold 1,000 shares of the 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 approximately $215,622.82. This represents a 45.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Aron M. Odom sold 1,376 shares of the 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 transaction, the senior vice president owned 6,457 shares in the company, valued at approximately $1,181,631. The trade was a 17.57% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 32,376 shares of company stock worth $5,898,848. Corporate insiders own 0.54% of the company’s stock.

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.