KBC Group NV Decreases Position in D.R. Horton, Inc. $DHI

KBC Group NV trimmed its holdings in shares of D.R. Horton, Inc. (NYSE:DHIFree Report) by 2.4% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 81,076 shares of the construction company’s stock after selling 2,028 shares during the period. KBC Group NV’s holdings in D.R. Horton were worth $10,452,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the business. Bayforest Capital Ltd boosted its holdings in D.R. Horton by 340.4% in the first quarter. Bayforest Capital Ltd now owns 251 shares of the construction company’s stock worth $32,000 after acquiring an additional 194 shares in the last quarter. Accredited Wealth Management LLC acquired a new position in shares of D.R. Horton during the first quarter valued at about $34,000. Hantz Financial Services Inc. raised its position in shares of D.R. Horton by 1,678.9% in the 2nd quarter. Hantz Financial Services Inc. now owns 338 shares of the construction company’s stock valued at $44,000 after purchasing an additional 319 shares during the last quarter. Ransom Advisory Ltd acquired a new stake in D.R. Horton in the 1st quarter worth approximately $51,000. Finally, Adirondack Trust Co. boosted its stake in D.R. Horton by 53.2% in the 2nd quarter. Adirondack Trust Co. now owns 406 shares of the construction company’s stock worth $52,000 after purchasing an additional 141 shares in the last quarter. 90.63% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling 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 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 directly owned 1,193 shares of the company’s stock, valued at $215,622.82. The trade was a 45.60% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Chairman David V. Auld sold 30,000 shares of the business’s stock in a transaction on 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 owned 815,672 shares of the company’s stock, valued at approximately $148,623,595.12. This represents a 3.55% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 32,376 shares of company stock valued at $5,898,848. 0.54% of the stock is owned by company insiders.

D.R. Horton Trading Down 0.8%

Shares of D.R. Horton stock opened at $142.20 on Friday. The stock has a market cap of $42.39 billion, a PE ratio of 12.27, a price-to-earnings-growth ratio of 3.09 and a beta of 1.36. The firm has a fifty day moving average price of $159.92 and a 200 day moving average price of $145.80. D.R. Horton, Inc. has a 1 year low of $110.44 and a 1 year high of $184.54. 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 (NYSE:DHIGet Free Report) last announced 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 company had revenue of $9.68 billion for the quarter, compared to analyst estimates of $9.44 billion. D.R. Horton had a return on equity of 14.39% and a net margin of 10.47%.D.R. Horton’s revenue for the quarter was down 3.2% on a year-over-year basis. During the same period in the prior year, the business posted $3.92 earnings per share. D.R. Horton has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. Equities research analysts predict 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 given a dividend of $0.45 per share. This is an increase from D.R. Horton’s previous quarterly dividend of $0.40. This represents a $1.80 annualized dividend and a yield of 1.3%. The ex-dividend date is Thursday, November 13th. D.R. Horton’s dividend payout ratio (DPR) is 15.53%.

Analysts Set New Price Targets

A number of research analysts have issued reports on DHI shares. Wall Street Zen upgraded shares of D.R. Horton from a “sell” rating to a “hold” rating in a research note on Sunday, July 20th. Wedbush upped their target price on D.R. Horton from $155.00 to $170.00 and gave the company a “neutral” rating in a research report on Wednesday, July 23rd. Royal Bank Of Canada raised their target price on D.R. Horton from $117.00 to $118.00 and gave the stock an “underperform” rating in a research note on Wednesday, October 29th. Citigroup reiterated a “market outperform” rating on shares of D.R. Horton in a research note on Thursday, October 30th. Finally, Keefe, Bruyette & Woods cut 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. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $157.38.

Get Our Latest Stock Report on DHI

About D.R. Horton

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding DHI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for D.R. Horton, Inc. (NYSE:DHIFree Report).

Institutional Ownership by Quarter for D.R. Horton (NYSE:DHI)

Receive News & Ratings for D.R. Horton Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for D.R. Horton and related companies with MarketBeat.com's FREE daily email newsletter.