Asahi Life Asset Management CO. LTD. Purchases New Stake in D.R. Horton, Inc. $DHI

Asahi Life Asset Management CO. LTD. bought a new position in D.R. Horton, Inc. (NYSE:DHI) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 2,860 shares of the construction company’s stock, valued at approximately $369,000.

Other large investors have also recently added to or reduced their stakes in the company. Pacer Advisors Inc. increased its holdings in shares of D.R. Horton by 4,630.6% during the first quarter. Pacer Advisors Inc. now owns 1,691,056 shares of the construction company’s stock valued at $214,984,000 after purchasing an additional 1,655,309 shares during the period. Allspring Global Investments Holdings LLC increased its holdings 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 valued at $378,628,000 after purchasing an additional 846,085 shares during the period. Amundi increased its holdings in shares of D.R. Horton by 60.2% during 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 during the period. Nuveen LLC acquired a new position in shares of D.R. Horton during the first quarter valued at $98,382,000. Finally, Vanguard Group Inc. increased its holdings in shares of D.R. Horton by 1.9% during 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. 90.63% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

DHI has been the topic of a number of research analyst reports. Bank of America lowered their price target on D.R. Horton from $175.00 to $165.00 and set a “neutral” rating on the stock in a report on Friday, October 10th. Royal Bank Of Canada raised their price target on D.R. Horton from $117.00 to $118.00 and gave the company an “underperform” rating in a report on Wednesday, October 29th. Evercore ISI set a $169.00 target price on D.R. Horton and gave the company an “in-line” rating in a research note on Tuesday, October 7th. Wells Fargo & Company raised their target price on D.R. Horton from $175.00 to $190.00 and gave the company an “overweight” rating in a research note on Tuesday, September 2nd. Finally, UBS Group raised 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, October 29th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $157.38.

Insider Activity

In other D.R. Horton news, Chairman David V. Auld sold 30,000 shares of D.R. Horton stock in a transaction that occurred on Friday, September 5th. The stock was sold at an average price of $182.21, for a total value of $5,466,300.00. Following the transaction, the chairman directly owned 815,672 shares of the company’s stock, valued at $148,623,595.12. The trade was a 3.55% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at 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 directly owned 6,457 shares in the company, valued at approximately $1,181,631. This represents a 17.57% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 32,376 shares of company stock valued at $5,898,848 over the last 90 days. 0.54% of the stock is currently owned by company insiders.

D.R. Horton Stock Down 0.2%

Shares of D.R. Horton stock opened at $145.35 on Thursday. The stock has a 50-day moving average price of $163.86 and a 200 day moving average price of $144.96. The company has a market cap of $43.33 billion, a P/E ratio of 12.54, a P/E/G ratio of 3.09 and a beta of 1.36. The company has a current ratio of 6.48, a quick ratio of 1.19 and a debt-to-equity ratio of 0.24. 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) last posted its quarterly earnings results 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 return on equity of 14.39% and a net margin of 10.47%.The firm had revenue of $9.68 billion for the quarter, compared to analysts’ expectations of $9.44 billion. During the same period last year, the business earned $3.92 earnings per share. The firm’s revenue for the quarter was down 3.2% on a year-over-year basis. D.R. Horton has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. As a group, analysts expect 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. Stockholders of record on Thursday, November 13th will be given a $0.45 dividend. 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 dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, November 13th. D.R. Horton’s payout ratio 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.