New York State Common Retirement Fund Sells 4,747 Shares of D.R. Horton, Inc. $DHI

New York State Common Retirement Fund lowered its holdings in D.R. Horton, Inc. (NYSE:DHI) by 1.5% during the second quarter, HoldingsChannel.com reports. The fund owned 308,759 shares of the construction company’s stock after selling 4,747 shares during the period. New York State Common Retirement Fund’s holdings in D.R. Horton were worth $39,805,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in DHI. Twin Capital Management Inc. grew its stake in shares of D.R. Horton by 0.3% in the 2nd quarter. Twin Capital Management Inc. now owns 23,330 shares of the construction company’s stock valued at $3,008,000 after purchasing an additional 78 shares during the period. Mutual Advisors LLC boosted its stake in D.R. Horton by 4.8% in the 2nd quarter. Mutual Advisors LLC now owns 1,749 shares of the construction company’s stock valued at $225,000 after buying an additional 80 shares in the last quarter. Horizon Investments LLC grew its position in D.R. Horton by 1.5% in the first quarter. Horizon Investments LLC now owns 5,586 shares of the construction company’s stock valued at $708,000 after acquiring an additional 83 shares during the period. Franchise Capital Ltd raised its stake in D.R. Horton by 15.7% during the second quarter. Franchise Capital Ltd now owns 626 shares of the construction company’s stock worth $81,000 after acquiring an additional 85 shares in the last quarter. Finally, Generali Investments Towarzystwo Funduszy Inwestycyjnych lifted its holdings in shares of D.R. Horton by 5.3% during the second quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych now owns 2,000 shares of the construction company’s stock valued at $258,000 after acquiring an additional 100 shares during the period. Institutional investors own 90.63% of the company’s stock.

D.R. Horton Trading Up 0.8%

Shares of NYSE DHI opened at $157.95 on Monday. D.R. Horton, Inc. has a 1-year low of $110.44 and a 1-year high of $184.54. The company has a 50-day moving average of $154.34 and a two-hundred day moving average of $147.68. The company has a market cap of $46.13 billion, a PE ratio of 13.63, 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 (NYSE:DHI) last issued 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 net margin of 10.47% and a return on equity of 14.39%. The company had revenue of $9.68 billion during the quarter, compared to analyst estimates of $9.44 billion. During the same period in the prior year, the business earned $3.92 EPS. The business’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, equities analysts expect that D.R. Horton, Inc. will post 13.04 earnings per share for the current fiscal year.

D.R. Horton Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, November 20th. Stockholders of record on Thursday, November 13th were given a dividend of $0.45 per share. The ex-dividend date was Thursday, November 13th. This is an increase 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 1.1%. D.R. Horton’s dividend payout ratio is presently 15.53%.

Analysts Set New Price Targets

Several research firms have recently weighed in on DHI. Keefe, Bruyette & Woods lowered their target price on shares of 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. Evercore ISI set a $169.00 price target on shares of D.R. Horton and gave the company an “in-line” rating in a research report on Tuesday, October 7th. Royal Bank Of Canada raised their price objective on shares of D.R. Horton from $117.00 to $118.00 and gave the stock an “underperform” rating in a report 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, Bank of America decreased their price target on D.R. Horton from $175.00 to $165.00 and set a “neutral” rating on the stock in a research report on Friday, October 10th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $157.38.

Insider Activity

In related news, SVP Aron M. Odom sold 1,376 shares of the firm’s 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 transaction, the senior vice president owned 6,457 shares in the company, valued at $1,181,631. This trade represents a 17.57% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Chairman David V. Auld sold 30,000 shares of D.R. Horton stock in a transaction dated 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 completion of the sale, the chairman owned 815,672 shares of the company’s stock, valued at approximately $148,623,595.12. The trade was a 3.55% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 32,376 shares of company stock valued at $5,898,848 over the last 90 days. 0.54% of the stock is owned by company insiders.

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.