500 Shares in D.R. Horton, Inc. $DHI Purchased by Thompson Investment Management Inc.

Thompson Investment Management Inc. bought a new position in shares of D.R. Horton, Inc. (NYSE:DHI) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 500 shares of the construction company’s stock, valued at approximately $64,000.

Other large investors have also recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC increased its stake in D.R. Horton by 652.0% during the first quarter. Allspring Global Investments Holdings LLC now owns 1,981,609 shares of the construction company’s stock worth $252,477,000 after acquiring an additional 1,718,094 shares during the last quarter. Pacer Advisors Inc. increased its stake in D.R. Horton by 4,630.6% during the first quarter. Pacer Advisors Inc. now owns 1,691,056 shares of the construction company’s stock worth $214,984,000 after acquiring an additional 1,655,309 shares during the last quarter. Amundi increased its stake in D.R. Horton by 60.2% during the first quarter. Amundi now owns 2,176,211 shares of the construction company’s stock worth $266,811,000 after acquiring an additional 817,998 shares during the last quarter. Nuveen LLC acquired a new stake in D.R. Horton during the first quarter worth about $98,382,000. Finally, Vanguard Group Inc. increased its stake in 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 acquiring an additional 642,642 shares during the last quarter. 90.63% of the stock is currently owned by hedge funds and other institutional investors.

D.R. Horton Price Performance

Shares of NYSE DHI opened at $151.30 on Friday. D.R. Horton, Inc. has a fifty-two week low of $110.44 and a fifty-two week high of $195.50. The business has a 50 day moving average price of $167.13 and a two-hundred day moving average price of $140.87. The company has a quick ratio of 1.19, a current ratio of 7.06 and a debt-to-equity ratio of 0.29. The firm has a market cap of $45.11 billion, a PE ratio of 12.13, a price-to-earnings-growth ratio of 3.14 and a beta of 1.40.

D.R. Horton (NYSE:DHI) last issued its quarterly earnings data on Tuesday, July 22nd. The construction company reported $3.36 earnings per share for the quarter, beating analysts’ consensus estimates of $2.90 by $0.46. D.R. Horton had a return on equity of 15.74% and a net margin of 11.46%.The firm had revenue of $9.23 billion during the quarter, compared to analyst estimates of $8.80 billion. During the same quarter last year, the firm earned $4.10 EPS. D.R. Horton’s quarterly revenue was down 7.4% on a year-over-year basis. D.R. Horton has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. Sell-side analysts expect that D.R. Horton, Inc. will post 13.04 earnings per share for the current fiscal year.

D.R. Horton Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 14th. Shareholders of record on Thursday, August 7th were paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date was Thursday, August 7th. D.R. Horton’s dividend payout ratio (DPR) is 12.83%.

Insider Buying and Selling at D.R. Horton

In other D.R. Horton news, Chairman David V. Auld sold 30,000 shares of the firm’s stock in a transaction that occurred on Friday, September 5th. The stock was sold at an average price of $182.21, for a total transaction of $5,466,300.00. Following the completion of the sale, the chairman owned 815,672 shares in the company, valued at $148,623,595.12. This trade represents a 3.55% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Michael R. Buchanan sold 1,000 shares of the firm’s stock in a transaction that occurred on 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 of the company’s stock, valued at approximately $215,622.82. This trade represents a 45.60% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 32,376 shares of company stock worth $5,898,848 in the last 90 days. 0.54% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several brokerages have commented on DHI. Wells Fargo & Company upped their price target on D.R. Horton from $175.00 to $190.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 2nd. Royal Bank Of Canada increased their target price on D.R. Horton from $105.00 to $117.00 and gave the company an “underperform” rating in a research note on Wednesday, July 23rd. Weiss Ratings reiterated a “hold (c+)” rating on shares of D.R. Horton in a research note on Wednesday. Wedbush increased their target price on D.R. Horton from $155.00 to $170.00 and gave the company a “neutral” rating in a research note on Wednesday, July 23rd. Finally, UBS Group increased their target price on D.R. Horton from $176.00 to $187.00 and gave the company a “buy” rating in a research note on Wednesday, July 23rd. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $156.54.

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.