D.R. Horton, Inc. $DHI Stake Boosted by Eurizon Capital SGR S.p.A.

Eurizon Capital SGR S.p.A. raised its position in shares of D.R. Horton, Inc. (NYSE:DHI) by 36.6% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 216,139 shares of the construction company’s stock after acquiring an additional 57,861 shares during the quarter. Eurizon Capital SGR S.p.A. owned approximately 0.08% of D.R. Horton worth $29,571,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in DHI. BlackRock Inc. purchased a new position in shares of D.R. Horton in the 2nd quarter valued at approximately $4,067,842,000. Bank of America Corp DE purchased a new position in D.R. Horton during the second quarter valued at $477,358,000. Bank of New York Mellon Corp bought a new stake in shares of D.R. Horton during the 2nd quarter valued at $294,292,000. Legal & General Group Plc bought a new stake in shares of D.R. Horton during the 2nd quarter valued at $280,664,000. Finally, Deutsche Bank AG purchased a new stake in shares of D.R. Horton in the 2nd quarter worth about $201,077,000. Hedge funds and other institutional investors own 90.63% of the company’s stock.

Latest D.R. Horton News

These are some of the DHI news items that stood out recently:

• Neutral Sentiment: A dividend analysis reviews D.R. Horton’s payout, but the available article details do not specify the yield, payout ratio, or a dividend change, so the near-term stock impact is unclear. D.R. Horton Inc’s Dividend Analysis
• Negative Sentiment: Zacks Research cut its rating on D.R. Horton from “hold” to “strong sell,” adding to concerns about the stock’s outlook. Zacks Research ratings
• Negative Sentiment: Melius Research reiterated a “sell” rating and a $128 price target, below the $145.41 price cited in the coverage. Its estimates project fiscal 2027 EPS of $7.57 and fiscal 2028 EPS of $9.12, versus the reported current-year consensus estimate of $10.48, signaling expected earnings pressure. The multiple reports repeat the same Melius forecast and rating. D.R. Horton analyst coverage

D.R. Horton Trading Up 0.7%

NYSE:DHI opened at $145.41 on Friday. The company’s 50 day moving average price is $141.65 and its 200-day moving average price is $147.46. D.R. Horton, Inc. has a 52 week low of $130.40 and a 52 week high of $170.79. The company has a quick ratio of 0.95, a current ratio of 6.01 and a debt-to-equity ratio of 0.26. The stock has a market cap of $40.67 billion, a price-to-earnings ratio of 14.25, a PEG ratio of 1.85 and a beta of 1.35.

D.R. Horton (NYSE:DHI) last issued its earnings results on Thursday, October 29th. The construction company reported $2.67 EPS for the quarter, missing the consensus estimate of $3.01 by ($0.34). The business had revenue of $9.37 billion for the quarter, compared to analysts’ expectations of $9.07 billion. D.R. Horton had a net margin of 8.74% and a return on equity of 11.93%. The business’s revenue for the quarter was down 3.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $3.04 earnings per share. On average, equities research analysts forecast that D.R. Horton, Inc. will post 9.58 earnings per share for the current fiscal year.

D.R. Horton Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 19th. Shareholders of record on Thursday, November 12th will be given a $0.50 dividend. This is a positive change from D.R. Horton’s previous quarterly dividend of $0.45. The ex-dividend date of this dividend is Thursday, November 12th. This represents a $2.00 dividend on an annualized basis and a yield of 1.4%. D.R. Horton’s payout ratio is presently 19.72%.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the stock. Bank of America decreased their price target on shares of D.R. Horton from $150.00 to $145.00 in a research note on Wednesday, October 7th. Royal Bank Of Canada decreased their target price on shares of D.R. Horton from $119.00 to $114.00 and set an “underperform” rating for the company in a research note on Friday, October 30th. Evercore lowered their target price on shares of D.R. Horton from $171.00 to $166.00 in a report on Thursday, October 8th. Weiss Ratings cut D.R. Horton from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, November 2nd. Finally, Keefe, Bruyette & Woods cut their price target on D.R. Horton from $160.00 to $152.00 in a research note on Thursday, October 22nd. Five equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and five have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $151.33.

D.R. Horton Profile

D.R. Horton, Inc. is a U.S. homebuilder founded in 1978 by Donald R. Horton. Headquartered in Arlington, Texas, the company builds and sells homes in markets across the United States. Its homebuilding business offers single-family homes and townhomes for buyers with a range of needs and budgets. D.R. Horton markets homes under brands including D.R. Horton, Express, Emerald and Freedom, which serves active-adult buyers. The company also provides mortgage financing and title services to homebuyers through its financial-services operations, and has a home-rental business.