VIRGINIA RETIREMENT SYSTEMS ET Al Sells 51,900 Shares of D.R. Horton, Inc. $DHI

VIRGINIA RETIREMENT SYSTEMS ET Al lowered its position in D.R. Horton, Inc. (NYSE:DHI) by 23.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 171,764 shares of the construction company’s stock after selling 51,900 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al owned approximately 0.06% of D.R. Horton worth $23,472,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of DHI. Fiduciary Financial Advisors purchased a new stake in D.R. Horton in the second quarter worth about $25,000. Caitlin John LLC bought a new position in D.R. Horton during the 2nd quarter worth about $25,000. Compass Wealth Management LLC purchased a new position in D.R. Horton during the 3rd quarter valued at about $27,000. Pension & Wealth Management Advisors Inc. purchased a new position in D.R. Horton during the 3rd quarter valued at about $28,000. Finally, Compass Financial Management LLC bought a new stake in shares of D.R. Horton in the 2nd quarter valued at about $31,000. Institutional investors own 90.63% of the company’s stock.

D.R. Horton Price Performance

Shares of NYSE DHI opened at $145.93 on Friday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.04 and a current ratio of 6.01. The company has a market cap of $40.82 billion, a PE ratio of 14.39, a P/E/G ratio of 2.27 and a beta of 1.35. The business has a 50-day simple moving average of $140.76 and a two-hundred day simple moving average of $147.70. D.R. Horton, Inc. has a fifty-two week low of $130.40 and a fifty-two week high of $170.79.

D.R. Horton (NYSE:DHI) last released its earnings results on Thursday, October 29th. The construction company reported $2.67 earnings per share for the quarter, missing the consensus estimate of $3.01 by ($0.34). D.R. Horton had a return on equity of 11.93% and a net margin of 8.74%. The company had revenue of $9.37 billion for the quarter, compared to analysts’ expectations of $9.07 billion. During the same period in the prior year, the firm posted $3.04 EPS. The firm’s revenue for the quarter was down 3.2% on a year-over-year basis. As a group, equities analysts expect that D.R. Horton, Inc. will post 11.35 EPS for the current fiscal year.

D.R. Horton Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, November 19th. Investors of record on Thursday, November 12th will be issued a $0.50 dividend. This is a boost from D.R. Horton’s previous quarterly dividend of $0.45. The ex-dividend date is Thursday, November 12th. This represents a $2.00 annualized dividend and a yield of 1.4%. D.R. Horton’s dividend payout ratio is currently 17.75%.

Key D.R. Horton News

Here are the key news stories impacting D.R. Horton this week:

• Positive Sentiment: D.R. Horton declared a quarterly dividend of $0.50 per share, an 11.1% increase from $0.45, bringing the annualized dividend to $2.00 and signaling continued confidence in cash generation.
• Positive Sentiment: Fourth-quarter revenue reached $9.37 billion, exceeding the $9.07 billion analyst estimate. The company also controls 77% of its lot supply through purchase contracts, which may support future construction flexibility. D.R. Horton: 3 Key Takeaways for Long-Term Investors
• Neutral Sentiment: The company is investing in robotic homebuilding, a potential long-term productivity and cost advantage, although the financial impact is not yet clear. Inside giant homebuilder D.R. Horton’s bet on robotic homebuilding
• Negative Sentiment: Fiscal fourth-quarter earnings per share were $2.67, below the $3.01 consensus and down from $3.04 a year earlier. Revenue also declined 3.2% year over year, while a reported $91 million impairment further clouded results. D.R. Horton’s Q4 Earnings Miss on Weak Housing Demand, Sales Beat
• Negative Sentiment: Management warned that elevated mortgage rates are weakening demand, increasing cancellations and forcing greater buyer incentives, which is squeezing profitability. Its fiscal 2027 revenue outlook of $30 billion to $32 billion reflects a cautious operating environment. D.R. Horton Profit Down as Mortgage Rates Weigh
• Negative Sentiment: Analysts lowered their valuations: Royal Bank of Canada cut its price target to $114 and maintained an “underperform” rating, while Barclays reduced its target to $125 and kept an “equal weight” rating. The revisions reinforce concerns about earnings and housing demand.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on DHI. Zelman & Associates raised shares of D.R. Horton from a “neutral” rating to an “outperform” rating in a report on Tuesday, July 7th. Evercore lowered their target price on D.R. Horton from $171.00 to $166.00 in a report on Thursday, October 8th. Royal Bank Of Canada dropped their target price on D.R. Horton from $119.00 to $114.00 and set an “underperform” rating on the stock in a research report on Friday. Keefe, Bruyette & Woods cut their price target on D.R. Horton from $160.00 to $152.00 in a report on Thursday, October 22nd. Finally, Bank of America reduced their price target on D.R. Horton from $150.00 to $145.00 in a research report on Wednesday, October 7th. Five analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $152.60.

D.R. Horton Profile

D.R. Horton, Inc is a residential construction company that builds and sells single-family detached and attached homes in the United States. Its offerings include entry-level, move-up, luxury and active-adult housing, serving a range of homebuyers through brands such as D.R. Horton, Express Homes, Emerald Homes and Freedom Homes.

The company’s operations also include land acquisition and development, home financing and title services. Through subsidiaries and affiliated businesses, D.R.