JFS Wealth Advisors LLC Lowers Position in D.R. Horton, Inc. $DHI

JFS Wealth Advisors LLC trimmed its stake in D.R. Horton, Inc. (NYSE:DHI) by 26.5% in the second quarter, Holdings Channel.com reports. The firm owned 303 shares of the construction company’s stock after selling 109 shares during the quarter. JFS Wealth Advisors LLC’s holdings in D.R. Horton were worth $39,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the stock. PDS Planning Inc purchased a new stake in D.R. Horton in the second quarter valued at approximately $204,000. Blue Trust Inc. grew its holdings in D.R. Horton by 16.9% in the second quarter. Blue Trust Inc. now owns 4,544 shares of the construction company’s stock valued at $586,000 after purchasing an additional 656 shares during the period. Thompson Investment Management Inc. purchased a new stake in D.R. Horton in the second quarter valued at approximately $64,000. Callan Family Office LLC grew its holdings in D.R. Horton by 47.7% in the second quarter. Callan Family Office LLC now owns 11,693 shares of the construction company’s stock valued at $1,507,000 after purchasing an additional 3,775 shares during the period. Finally, Copperwynd Financial LLC increased its position in shares of D.R. Horton by 4.3% in the second quarter. Copperwynd Financial LLC now owns 4,669 shares of the construction company’s stock worth $602,000 after acquiring an additional 192 shares in the last quarter. 90.63% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other D.R. Horton news, SVP Aron M. Odom sold 1,376 shares of the stock in a transaction on Friday, September 5th. The shares were sold at an average price of $183.00, for a total transaction of $251,808.00. Following the transaction, the senior vice president directly owned 6,457 shares in the company, valued at $1,181,631. This represents a 17.57% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Michael R. Buchanan sold 1,000 shares of the stock in a transaction on Friday, September 5th. The shares were sold at an average price of $180.74, for a total transaction of $180,740.00. Following the transaction, the director owned 1,193 shares in the company, valued at $215,622.82. This trade represents a 45.60% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 32,376 shares of company stock worth $5,898,848. 0.54% of the stock is currently owned by company insiders.

D.R. Horton Price Performance

Shares of DHI stock opened at $151.30 on Monday. The company has a market capitalization of $45.11 billion, a PE ratio of 12.13, a price-to-earnings-growth ratio of 3.15 and a beta of 1.40. The firm has a fifty day simple moving average of $167.13 and a 200-day simple moving average of $141.03. The company has a current ratio of 7.06, a quick ratio of 1.19 and a debt-to-equity ratio of 0.29. D.R. Horton, Inc. has a twelve month low of $110.44 and a twelve month high of $195.50.

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

D.R. Horton Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, August 14th. Stockholders of record on Thursday, August 7th were paid a $0.40 dividend. The ex-dividend date was Thursday, August 7th. This represents a $1.60 annualized dividend and a dividend yield of 1.1%. D.R. Horton’s dividend payout ratio is 12.83%.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on DHI. Royal Bank Of Canada increased their price objective on shares of D.R. Horton from $105.00 to $117.00 and gave the stock an “underperform” rating in a research report on Wednesday, July 23rd. Weiss Ratings reissued a “hold (c+)” rating on shares of D.R. Horton in a research report on Wednesday, October 8th. Evercore ISI set a $169.00 price objective on shares of D.R. Horton and gave the stock an “in-line” rating in a research report on Tuesday, October 7th. Wells Fargo & Company increased their price objective on shares of D.R. Horton from $175.00 to $190.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 2nd. Finally, Citigroup increased their price objective on shares of D.R. Horton from $162.00 to $175.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 1st. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently 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.