Cetera Investment Advisers Raises Stock Position in D.R. Horton, Inc. $DHI

Cetera Investment Advisers lifted its stake in shares of D.R. Horton, Inc. (NYSE:DHI) by 10.5% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 83,097 shares of the construction company’s stock after purchasing an additional 7,915 shares during the period. Cetera Investment Advisers’ holdings in D.R. Horton were worth $11,403,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Capital World Investors raised its stake in D.R. Horton by 22.1% in the 4th quarter. Capital World Investors now owns 36,948,434 shares of the construction company’s stock valued at $5,321,849,000 after purchasing an additional 6,695,592 shares during the last quarter. Norges Bank acquired a new stake in D.R. Horton during the 4th quarter worth $649,305,000. Boston Partners acquired a new stake in D.R. Horton during the 3rd quarter worth $274,784,000. Viking Global Investors LP grew its holdings in shares of D.R. Horton by 108.3% during the second quarter. Viking Global Investors LP now owns 2,827,032 shares of the construction company’s stock worth $364,461,000 after buying an additional 1,469,978 shares in the last quarter. Finally, Pictet Asset Management Holding SA raised its position in shares of D.R. Horton by 216.8% in the fourth quarter. Pictet Asset Management Holding SA now owns 1,126,005 shares of the construction company’s stock valued at $162,186,000 after buying an additional 770,521 shares during the last quarter. Institutional investors and hedge funds own 90.63% of the company’s stock.

Key Stories Impacting D.R. Horton

Here are the key news stories impacting D.R. Horton this week:

• Positive Sentiment: Wolfe Research raised its FY2027 EPS forecast for D.R. Horton to $11.98 from $11.39, indicating expectations for improved earnings growth beyond fiscal 2026.
• Positive Sentiment: Keefe, Bruyette & Woods maintained a Market Perform rating and a $167 price target, implying potential upside from recent levels despite lowering several earnings estimates.
• Neutral Sentiment: Keefe, Bruyette & Woods projected quarterly EPS of $2.10, $2.50, $3.42 and $3.51 for D.R. Horton’s first through fourth quarters of fiscal 2027, respectively, for full-year EPS of $11.53. Its FY2028 estimate is $13.15.
• Negative Sentiment: Keefe, Bruyette & Woods cut its Q4 fiscal 2026 EPS forecast to $3.09 from $3.41, FY2026 EPS to $10.57 from $10.73, FY2027 EPS to $11.53 from $12.28 and FY2028 EPS to $13.15 from $13.92.
• Negative Sentiment: Wolfe Research lowered its Q4 fiscal 2026 EPS estimate to $2.97 from $3.20 and FY2026 EPS to $10.41 from $10.49. Its revised FY2026 forecast is also slightly below the roughly $10.49–$10.54 consensus range.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Truist Financial boosted their price target on shares of D.R. Horton from $140.00 to $150.00 and gave the stock a “hold” rating in a research report on Wednesday, April 22nd. BTIG Research set a $184.00 price objective on D.R. Horton in a research note on Wednesday, July 22nd. UBS Group upped their target price on D.R. Horton from $193.00 to $206.00 and gave the company a “buy” rating in a report on Wednesday, April 22nd. Wells Fargo & Company raised their target price on D.R. Horton from $147.00 to $170.00 and gave the stock an “equal weight” rating in a research note on Wednesday, April 22nd. Finally, Barclays lifted their price target on D.R. Horton from $140.00 to $141.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 14th. Five investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $168.17.

D.R. Horton Price Performance

DHI opened at $145.59 on Friday. The stock’s 50-day moving average price is $151.50 and its 200 day moving average price is $150.43. The company has a current ratio of 6.43, a quick ratio of 1.04 and a debt-to-equity ratio of 0.29. D.R. Horton, Inc. has a 12-month low of $131.75 and a 12-month high of $184.54. The firm has a market cap of $40.72 billion, a price-to-earnings ratio of 13.85, a PEG ratio of 2.33 and a beta of 1.36.

D.R. Horton (NYSE:DHI) last issued its earnings results on Tuesday, July 21st. The construction company reported $3.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.02 by $0.18. D.R. Horton had a net margin of 9.15% and a return on equity of 12.47%. The business had revenue of $9.23 billion during the quarter, compared to analysts’ expectations of $9.10 billion. During the same quarter in the prior year, the business posted $3.36 EPS. The company’s revenue for the quarter was up .0% on a year-over-year basis. As a group, sell-side analysts expect that D.R. Horton, Inc. will post 10.49 earnings per share for the current year.

D.R. Horton Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 13th. Shareholders of record on Thursday, August 6th will be paid a $0.45 dividend. The ex-dividend date is Thursday, August 6th. This represents a $1.80 dividend on an annualized basis and a yield of 1.2%. D.R. Horton’s payout ratio is currently 17.13%.

About D.R. Horton

D.R. Horton, Inc is a national homebuilding company that designs, constructs and sells new residential properties across the United States. The company’s core operations focus on building single-family detached homes, townhomes and condominiums for a range of buyer segments. In addition to home construction and sales, D.R. Horton provides complementary services through subsidiaries that support the mortgage, title and closing processes for its customers, enabling integrated transaction workflows from inventory development to home delivery.

Founded in 1978 by Donald R.