Creative Planning lifted its holdings in shares of D.R. Horton, Inc. (NYSE:DHI – Free Report) by 12.8% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 53,513 shares of the construction company’s stock after acquiring an additional 6,071 shares during the period. Creative Planning’s holdings in D.R. Horton were worth $6,899,000 at the end of the most recent reporting period.
Several other institutional investors have also recently added to or reduced their stakes in the business. Bayforest Capital Ltd increased its stake in D.R. Horton by 340.4% in the first quarter. Bayforest Capital Ltd now owns 251 shares of the construction company’s stock valued at $32,000 after purchasing an additional 194 shares during the last quarter. Accredited Wealth Management LLC acquired a new position in shares of D.R. Horton in the 1st quarter valued at $34,000. Hantz Financial Services Inc. grew its position in shares of D.R. Horton by 1,678.9% in the 2nd quarter. Hantz Financial Services Inc. now owns 338 shares of the construction company’s stock valued at $44,000 after buying an additional 319 shares during the last quarter. Ransom Advisory Ltd acquired a new stake in D.R. Horton during the 1st quarter worth $51,000. Finally, Adirondack Trust Co. raised its stake in D.R. Horton by 53.2% during the 2nd quarter. Adirondack Trust Co. now owns 406 shares of the construction company’s stock worth $52,000 after acquiring an additional 141 shares in the last quarter. Hedge funds and other institutional investors own 90.63% of the company’s stock.
Wall Street Analyst Weigh In
Several equities analysts have issued reports on DHI shares. Bank of America dropped their price objective on D.R. Horton from $175.00 to $165.00 and set a “neutral” rating on the stock in a report on Friday, October 10th. UBS Group upped their target price on D.R. Horton from $187.00 to $195.00 and gave the company a “buy” rating in a research report on Wednesday, October 29th. Evercore ISI set a $169.00 price target on D.R. Horton and gave the stock an “in-line” rating in a research note on Tuesday, October 7th. Wells Fargo & Company boosted their price objective on D.R. Horton from $175.00 to $190.00 and gave the company an “overweight” rating in a research note on Tuesday, September 2nd. Finally, Wedbush increased their price objective on D.R. Horton from $155.00 to $170.00 and gave the company a “neutral” rating in a report on Wednesday, July 23rd. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, D.R. Horton currently has an average rating of “Hold” and an average target price of $157.38.
D.R. Horton Trading Down 0.7%
Shares of DHI stock opened at $137.44 on Thursday. The company has a market capitalization of $40.97 billion, a P/E ratio of 11.86, a price-to-earnings-growth 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. The business’s 50 day moving average is $157.42 and its two-hundred day moving average is $146.18. D.R. Horton, Inc. has a twelve month low of $110.44 and a twelve month high of $184.54.
D.R. Horton (NYSE:DHI – Get Free Report) last issued its quarterly earnings results on Tuesday, October 28th. The construction company reported $3.04 earnings per share for the quarter, missing the consensus estimate of $3.29 by ($0.25). D.R. Horton had a return on equity of 14.39% and a net margin of 10.47%.The company had revenue of $9.68 billion for the quarter, compared to analyst estimates of $9.44 billion. During the same period in the prior year, the business earned $3.92 earnings per share. D.R. Horton’s revenue for the quarter was down 3.2% compared to the same quarter last year. D.R. Horton has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. Equities analysts forecast that D.R. Horton, Inc. will post 13.04 EPS for the current year.
D.R. Horton Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, November 20th. Stockholders of record on Thursday, November 13th will be issued a $0.45 dividend. The ex-dividend date of this dividend is Thursday, November 13th. This is a positive change from D.R. Horton’s previous quarterly dividend of $0.40. This represents a $1.80 annualized dividend and a dividend yield of 1.3%. D.R. Horton’s payout ratio is presently 15.53%.
Insider Transactions at D.R. Horton
In other news, SVP Aron M. Odom sold 1,376 shares of the 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 directly owned 6,457 shares of the company’s stock, valued at approximately $1,181,631. This represents a 17.57% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Chairman David V. Auld sold 30,000 shares of the firm’s stock in a transaction that occurred on Friday, September 5th. The shares were sold at an average price of $182.21, for a total value of $5,466,300.00. Following the completion of the sale, the chairman directly owned 815,672 shares of the company’s stock, valued at $148,623,595.12. This represents a 3.55% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 32,376 shares of company stock worth $5,898,848 over the last ninety days. 0.54% of the stock is currently 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.
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