Caxton Associates LLP Makes New $2.53 Million Investment in D.R. Horton, Inc. $DHI

Caxton Associates LLP bought a new position in shares of D.R. Horton, Inc. (NYSE:DHI) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 19,864 shares of the construction company’s stock, valued at approximately $2,525,000.

Several other institutional investors have also recently made changes to their positions in the stock. Vanguard Group Inc. lifted its position 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 acquiring an additional 642,642 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of D.R. Horton by 1.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 3,509,407 shares of the construction company’s stock valued at $446,093,000 after purchasing an additional 33,412 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of D.R. Horton by 21.7% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,677,100 shares of the construction company’s stock worth $374,312,000 after buying an additional 476,816 shares in the last quarter. Invesco Ltd. raised its position in shares of 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 raised its position in shares of 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.

Wall Street Analysts Forecast Growth

DHI has been the topic of a number of recent analyst reports. Wall Street Zen upgraded D.R. Horton from a “sell” rating to a “hold” rating in a research report on Sunday, July 20th. Wedbush increased their price objective on D.R. Horton from $155.00 to $170.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 23rd. Wells Fargo & Company increased their price objective on D.R. Horton from $175.00 to $190.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 2nd. Keefe, Bruyette & Woods increased their price objective on D.R. Horton from $135.00 to $161.00 and gave the stock a “market perform” rating in a research report on Thursday, July 24th. Finally, UBS Group increased their price objective on D.R. Horton from $176.00 to $187.00 and gave the stock a “buy” rating in a research report on Wednesday, July 23rd. One 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 issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $154.38.

D.R. Horton Trading Up 1.3%

NYSE DHI opened at $184.21 on Tuesday. The stock’s 50-day simple moving average is $152.69 and its two-hundred day simple moving average is $134.41. D.R. Horton, Inc. has a twelve month low of $110.44 and a twelve month high of $199.85. 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 company has a market capitalization of $54.92 billion, a price-to-earnings ratio of 14.77, a PEG ratio of 3.87 and a beta of 1.36.

D.R. Horton (NYSE:DHI) last released its quarterly earnings results 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 business had revenue of $9.23 billion for the quarter, compared to the consensus estimate of $8.80 billion. During the same quarter last year, the business posted $4.10 earnings per share. The company’s revenue for the quarter 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. Research analysts forecast that D.R. Horton, Inc. will post 13.04 EPS for the current fiscal year.

D.R. Horton Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 14th. Stockholders of record on Thursday, August 7th were issued a $0.40 dividend. The ex-dividend date was Thursday, August 7th. This represents a $1.60 annualized dividend and a dividend yield of 0.9%. D.R. Horton’s payout ratio is currently 12.83%.

Insider Activity at D.R. Horton

In other news, Director Michael R. Buchanan sold 2,150 shares of D.R. Horton stock in a transaction dated Tuesday, June 24th. The stock was sold at an average price of $127.70, for a total value of $274,555.00. Following the transaction, the director owned 2,193 shares in the company, valued at approximately $280,046.10. The trade was a 49.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.54% of the company’s stock.

D.R. Horton Company 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.