Carret Asset Management LLC Cuts Stock Holdings in D.R. Horton, Inc. $DHI

Carret Asset Management LLC decreased its holdings in shares of D.R. Horton, Inc. (NYSE:DHI) by 0.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,343 shares of the construction company’s stock after selling 166 shares during the quarter. Carret Asset Management LLC’s holdings in D.R. Horton were worth $3,654,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. 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 purchasing an additional 642,642 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in D.R. Horton by 1.0% in the first quarter. Dimensional Fund Advisors LP now owns 3,509,407 shares of the construction company’s stock worth $446,093,000 after buying an additional 33,412 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its stake in D.R. Horton by 42.7% in 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 buying an additional 846,085 shares in the last quarter. Invesco Ltd. boosted its stake in D.R. Horton by 23.1% in the first quarter. Invesco Ltd. now owns 2,520,422 shares of the construction company’s stock worth $320,421,000 after buying an additional 472,382 shares in the last quarter. Finally, Amundi boosted its stake in D.R. Horton by 60.2% in the first quarter. Amundi now owns 2,176,211 shares of the construction company’s stock worth $266,811,000 after buying an additional 817,998 shares in the last quarter. Hedge funds and other institutional investors own 90.63% of the company’s stock.

D.R. Horton Stock Performance

NYSE:DHI opened at $148.11 on Thursday. The firm has a market cap of $44.15 billion, a PE ratio of 12.78, a price-to-earnings-growth ratio of 3.20 and a beta of 1.40. D.R. Horton, Inc. has a fifty-two week low of $110.44 and a fifty-two week high of $184.54. 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 business has a 50 day moving average price of $165.93 and a 200-day moving average price of $144.03.

D.R. Horton (NYSE:DHI) last released its quarterly earnings data 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). The company had revenue of $9.68 billion for the quarter, compared to analysts’ expectations of $9.44 billion. D.R. Horton had a net margin of 10.47% and a return on equity of 14.39%. The business’s revenue for the quarter was down 3.2% compared to the same quarter last year. During the same period last year, the company posted $3.92 EPS. 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 firm also recently announced a quarterly dividend, which will be paid on Thursday, November 20th. Investors of record on Thursday, November 13th will be issued a dividend of $0.45 per share. This is a boost 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 1.2%. The ex-dividend date is Thursday, November 13th. D.R. Horton’s dividend payout ratio is currently 15.53%.

Wall Street Analyst Weigh In

Several brokerages have issued reports on DHI. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of D.R. Horton in a research note on Wednesday, October 8th. Citigroup reaffirmed a “market outperform” rating on shares of D.R. Horton in a research note on Thursday. Evercore ISI set a $169.00 price objective on D.R. Horton and gave the company an “in-line” rating in a research note on Tuesday, October 7th. Wedbush raised their price objective 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 raised their price objective on D.R. Horton from $187.00 to $195.00 and gave the company a “buy” rating in a research note on Wednesday. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $157.38.

Insider Activity at D.R. Horton

In related news, SVP Aron M. Odom sold 1,376 shares of the company’s stock in a transaction that occurred on Friday, September 5th. The stock was sold at an average price of $183.00, for a total transaction of $251,808.00. Following the completion of the transaction, the senior vice president owned 6,457 shares in the company, valued at $1,181,631. This represents a 17.57% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Michael R. Buchanan sold 1,000 shares of the company’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 transaction, the director owned 1,193 shares of the company’s stock, valued at approximately $215,622.82. This represents a 45.60% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 32,376 shares of company stock worth $5,898,848 over the last quarter. 0.54% of the stock is owned by corporate insiders.

D.R. Horton 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.