W.H. Cornerstone Investments Inc. Invests $200,000 in D.R. Horton, Inc. $DHI

W.H. Cornerstone Investments Inc. bought a new stake in D.R. Horton, Inc. (NYSE:DHI) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 1,555 shares of the construction company’s stock, valued at approximately $200,000.

A number of other hedge funds have also modified their holdings of DHI. Vanguard Group Inc. lifted its position in D.R. Horton by 1.9% in the 1st quarter. Vanguard Group Inc. now owns 33,664,013 shares of the construction company’s stock worth $4,279,706,000 after buying an additional 642,642 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in D.R. Horton by 1.0% during the first quarter. Dimensional Fund Advisors LP now owns 3,509,407 shares of the construction company’s stock worth $446,093,000 after buying an additional 33,412 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its position in shares of D.R. Horton by 42.7% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 2,827,694 shares of the construction company’s stock worth $378,628,000 after buying an additional 846,085 shares during the period. Invesco Ltd. increased its holdings in shares of D.R. Horton by 23.1% during the first 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 increased its stake 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 buying an additional 817,998 shares in the last quarter. 90.63% of the stock is currently owned by institutional investors and hedge funds.

D.R. Horton Price Performance

NYSE:DHI traded down $0.86 during midday trading on Thursday, hitting $145.17. The company had a trading volume of 283,985 shares, compared to its average volume of 3,665,528. The company has a market capitalization of $43.28 billion, a PE ratio of 12.52, a P/E/G ratio of 3.09 and a beta of 1.36. The stock’s fifty day moving average price is $161.38 and its 200-day moving average price is $145.70. 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.

D.R. Horton (NYSE:DHI) 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). D.R. Horton had a net margin of 10.47% and a return on equity of 14.39%. The company had revenue of $9.68 billion for the quarter, compared to analysts’ expectations of $9.44 billion. During the same period last year, the company posted $3.92 EPS. The business’s revenue for the quarter was down 3.2% compared to the same quarter last year. 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 year.

D.R. Horton Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, November 20th. Investors of record on Thursday, November 13th will be given a $0.45 dividend. This is a boost from D.R. Horton’s previous quarterly dividend of $0.40. The ex-dividend date of this dividend is Thursday, November 13th. This represents a $1.80 annualized dividend and a yield of 1.2%. D.R. Horton’s payout ratio is currently 15.53%.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on DHI. Wells Fargo & Company lifted their price target on shares of D.R. Horton from $175.00 to $190.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 2nd. Keefe, Bruyette & Woods dropped their price objective on D.R. Horton from $178.00 to $175.00 and set a “market perform” rating for the company in a report on Wednesday, October 29th. Evercore ISI set a $169.00 price target on shares of D.R. Horton and gave the stock an “in-line” rating in a report on Tuesday, October 7th. Citigroup reiterated a “market outperform” rating on shares of D.R. Horton in a report on Thursday, October 30th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of D.R. Horton in a research note on Wednesday, October 8th. One 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 MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $157.38.

Insiders Place Their Bets

In related 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 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 approximately $215,622.82. This represents a 45.60% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Chairman David V. Auld sold 30,000 shares of the firm’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 sale, the chairman owned 815,672 shares of the company’s stock, valued at approximately $148,623,595.12. This represents a 3.55% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 32,376 shares of company stock valued at $5,898,848. 0.54% of the stock is owned by insiders.

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.