Tredje AP fonden lowered its stake in D.R. Horton, Inc. (NYSE:DHI – Free Report) by 43.8% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 226,300 shares of the construction company’s stock after selling 176,700 shares during the quarter. Tredje AP fonden owned about 0.08% of D.R. Horton worth $29,175,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors have also recently made changes to their positions in the company. Edgestream Partners L.P. raised its stake in shares of D.R. Horton by 1,710.0% in the first quarter. Edgestream Partners L.P. now owns 107,587 shares of the construction company’s stock worth $13,678,000 after buying an additional 101,643 shares during the period. MQS Management LLC bought a new position in shares of D.R. Horton in the first quarter worth about $1,132,000. Leavell Investment Management Inc. raised its stake in shares of D.R. Horton by 19.8% in the first quarter. Leavell Investment Management Inc. now owns 3,326 shares of the construction company’s stock worth $423,000 after buying an additional 549 shares during the period. Inspire Investing LLC raised its stake in D.R. Horton by 787.0% during the 1st quarter. Inspire Investing LLC now owns 20,384 shares of the construction company’s stock valued at $2,591,000 after purchasing an additional 18,086 shares during the period. Finally, Swedbank AB raised its stake in D.R. Horton by 22.8% during the 1st quarter. Swedbank AB now owns 524,512 shares of the construction company’s stock valued at $66,681,000 after purchasing an additional 97,467 shares during the period. Institutional investors own 90.63% of the company’s stock.
Analysts Set New Price Targets
Several analysts recently issued reports on the company. UBS Group lifted their target price on D.R. Horton from $187.00 to $195.00 and gave the company a “buy” rating in a research note on Wednesday. Weiss Ratings reissued a “hold (c+)” rating on shares of D.R. Horton in a research note on Wednesday, October 8th. Bank of America decreased their target price on D.R. Horton from $175.00 to $165.00 and set a “neutral” rating on the stock in a research note on Friday, October 10th. Wall Street Zen raised D.R. Horton from a “sell” rating to a “hold” rating in a research note on Sunday, July 20th. Finally, Citigroup reissued a “market outperform” rating on shares of D.R. Horton in a research note on Thursday. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, seven have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $157.38.
D.R. Horton Stock Performance
NYSE DHI opened at $149.08 on Friday. The stock has a market capitalization of $44.44 billion, a PE ratio of 12.86, a P/E/G ratio of 3.09 and a beta of 1.40. The business has a 50 day simple moving average of $165.25 and a two-hundred day simple moving average of $144.43. The company has a debt-to-equity ratio of 0.24, a current ratio of 6.48 and a quick ratio of 1.19. D.R. Horton, Inc. has a 1-year low of $110.44 and a 1-year high of $184.54.
D.R. Horton (NYSE:DHI – Get Free Report) last released its quarterly earnings results on Tuesday, October 28th. The construction company reported $3.04 earnings per share 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 analysts’ expectations of $9.44 billion. D.R. Horton had a net margin of 10.47% and a return on equity of 14.39%. The business’s quarterly revenue was down 3.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $3.92 EPS. D.R. Horton has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. On average, research analysts predict that D.R. Horton, Inc. will post 13.04 EPS for the current fiscal year.
D.R. Horton Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Thursday, November 20th. Shareholders of record on Thursday, November 13th will be issued a dividend of $0.45 per share. The ex-dividend date is Thursday, November 13th. This represents a $1.80 annualized dividend and a yield of 1.2%. This is a boost from D.R. Horton’s previous quarterly dividend of $0.40. D.R. Horton’s dividend payout ratio (DPR) is 15.53%.
Insider Transactions at D.R. Horton
In other news, Director Michael R. Buchanan sold 1,000 shares of D.R. Horton 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 completion of the transaction, the director owned 1,193 shares in the company, valued at approximately $215,622.82. The trade was a 45.60% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Aron M. Odom sold 1,376 shares of D.R. Horton 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 of the company’s stock, valued at approximately $1,181,631. This trade represents a 17.57% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 32,376 shares of company stock worth $5,898,848. 0.54% of the stock is currently owned by company insiders.
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.
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