Vestmark Advisory Solutions Inc. purchased a new position in D.R. Horton, Inc. (NYSE:DHI – Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 2,112 shares of the construction company’s stock, valued at approximately $272,000.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Bayforest Capital Ltd lifted its position in shares of D.R. Horton by 340.4% in the 1st quarter. Bayforest Capital Ltd now owns 251 shares of the construction company’s stock worth $32,000 after purchasing an additional 194 shares during the period. Accredited Wealth Management LLC bought a new position in shares of D.R. Horton in the 1st quarter worth $34,000. Hantz Financial Services Inc. lifted its stake in shares of D.R. Horton by 1,678.9% during the 2nd quarter. Hantz Financial Services Inc. now owns 338 shares of the construction company’s stock worth $44,000 after purchasing an additional 319 shares during the last quarter. Ransom Advisory Ltd purchased a new position in D.R. Horton in the first quarter valued at about $51,000. Finally, Adirondack Trust Co. lifted its position in shares of D.R. Horton by 53.2% during the second quarter. Adirondack Trust Co. now owns 406 shares of the construction company’s stock valued at $52,000 after buying an additional 141 shares during the last quarter. Hedge funds and other institutional investors own 90.63% of the company’s stock.
Insider Activity at D.R. Horton
In related news, Director Michael R. Buchanan sold 1,000 shares of the stock in a transaction on Friday, September 5th. The shares were sold at an average price of $180.74, for a total transaction 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. This represents a 45.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Chairman David V. Auld sold 30,000 shares of D.R. Horton stock in a transaction dated Friday, September 5th. The shares were sold at an average price of $182.21, for a total transaction of $5,466,300.00. Following the completion of the transaction, the chairman directly owned 815,672 shares of the company’s stock, valued at approximately $148,623,595.12. This trade represents a 3.55% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 32,376 shares of company stock valued at $5,898,848. 0.54% of the stock is owned by insiders.
D.R. Horton Stock Up 0.0%
D.R. Horton (NYSE:DHI – Get Free Report) last issued its quarterly earnings data on Tuesday, October 28th. The construction company reported $3.04 earnings per share (EPS) 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 business had revenue of $9.68 billion during the quarter, compared to the consensus estimate of $9.44 billion. During the same quarter in the prior year, the company posted $3.92 earnings per share. The company’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. 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 announced a quarterly dividend, which will be paid on Thursday, November 20th. Shareholders of record on Thursday, November 13th will be paid a $0.45 dividend. The ex-dividend date of this dividend is Thursday, November 13th. This is a boost from D.R. Horton’s previous quarterly dividend of $0.40. 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
Several equities research analysts have recently commented on the stock. Wells Fargo & Company lifted their price objective on shares of D.R. Horton from $175.00 to $190.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 2nd. Citigroup restated a “market outperform” rating on shares of D.R. Horton in a research report on Thursday, October 30th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of D.R. Horton in a research report on Wednesday, October 8th. Wall Street Zen upgraded D.R. Horton from a “sell” rating to a “hold” rating in a research report on Sunday, July 20th. Finally, Wedbush upped their price objective on shares of D.R. Horton from $155.00 to $170.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 23rd. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $157.38.
Get Our Latest Analysis on D.R. Horton
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.
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