D.R. Horton, Inc. $DHI Shares Sold by Geode Capital Management LLC

Geode Capital Management LLC lessened its stake in shares of D.R. Horton, Inc. (NYSE:DHI) by 1.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,202,905 shares of the construction company’s stock after selling 106,648 shares during the quarter. Geode Capital Management LLC owned approximately 2.42% of D.R. Horton worth $924,698,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew 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 worth $4,279,706,000 after buying an additional 642,642 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of 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 valued at $446,093,000 after buying an additional 33,412 shares during the period. Allspring Global Investments Holdings LLC boosted its position in 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 worth $378,628,000 after acquiring an additional 846,085 shares during the last quarter. Invesco Ltd. grew its stake in D.R. Horton by 23.1% in the 1st quarter. Invesco Ltd. now owns 2,520,422 shares of the construction company’s stock worth $320,421,000 after acquiring an additional 472,382 shares during the period. Finally, Amundi raised its holdings in D.R. Horton by 60.2% in the 1st quarter. Amundi now owns 2,176,211 shares of the construction company’s stock valued at $266,811,000 after acquiring an additional 817,998 shares during the last quarter. 90.63% of the stock is currently owned by hedge funds and other institutional investors.

D.R. Horton Stock Down 1.8%

DHI opened at $143.39 on Friday. D.R. Horton, Inc. has a 1 year low of $110.44 and a 1 year high of $184.54. The firm has a 50 day moving average price of $160.71 and a 200 day moving average price of $145.68. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.19 and a current ratio of 6.48. The company has a market cap of $42.75 billion, a PE ratio of 12.37, a price-to-earnings-growth ratio of 3.09 and a beta of 1.36.

D.R. Horton (NYSE:DHI) last released its quarterly earnings data on Tuesday, October 28th. The construction company reported $3.04 earnings per share (EPS) for the quarter, missing the consensus estimate 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 for the quarter, compared to analysts’ expectations of $9.44 billion. During the same quarter in the prior year, the firm earned $3.92 earnings per share. D.R. Horton’s quarterly revenue 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. Sell-side analysts expect that D.R. Horton, Inc. will post 13.04 earnings per share for the current year.

D.R. Horton Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, November 20th. Investors of record on Thursday, November 13th will be issued a $0.45 dividend. The ex-dividend date is Thursday, November 13th. This represents a $1.80 annualized dividend and a yield of 1.3%. This is an increase from D.R. Horton’s previous quarterly dividend of $0.40. D.R. Horton’s payout ratio is currently 15.53%.

Insider Buying and Selling at D.R. Horton

In other news, SVP Aron M. Odom sold 1,376 shares of the stock in a transaction dated 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 sale, the senior vice president owned 6,457 shares in the company, valued at approximately $1,181,631. This trade represents a 17.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Michael R. Buchanan sold 1,000 shares of the firm’s stock in a transaction dated Friday, September 5th. The shares were sold at an average price of $180.74, for a total value of $180,740.00. Following the sale, the director owned 1,193 shares in the company, valued at approximately $215,622.82. The trade was a 45.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 32,376 shares of company stock valued at $5,898,848 over the last three months. 0.54% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

DHI has been the topic of several analyst reports. Keefe, Bruyette & Woods decreased their price objective on D.R. Horton from $178.00 to $175.00 and set a “market perform” rating on the stock in a report on Wednesday, October 29th. Wedbush increased their target price on D.R. Horton from $155.00 to $170.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 23rd. Evercore ISI set a $169.00 price target on D.R. Horton and gave the company an “in-line” rating in a report on Tuesday, October 7th. Wells Fargo & Company upped their price objective on shares of 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, Wall Street Zen raised shares of D.R. Horton from a “sell” rating to a “hold” rating in a research report on Sunday, July 20th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $157.38.

D.R. Horton Company 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.