CX Institutional Sells 259 Shares of D.R. Horton, Inc. $DHI

CX Institutional trimmed its position in D.R. Horton, Inc. (NYSE:DHI) by 6.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,037 shares of the construction company’s stock after selling 259 shares during the period. CX Institutional’s holdings in D.R. Horton were worth $520,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of DHI. Olde Wealth Management LLC bought a new stake in D.R. Horton in the first quarter valued at approximately $26,000. Bayforest Capital Ltd grew its holdings in shares of D.R. Horton by 340.4% in the 1st quarter. Bayforest Capital Ltd now owns 251 shares of the construction company’s stock valued at $32,000 after buying an additional 194 shares during the period. Accredited Wealth Management LLC bought a new position in D.R. Horton during the first quarter worth about $34,000. Ransom Advisory Ltd bought a new position in D.R. Horton during the first quarter worth about $51,000. Finally, Adirondack Trust Co. lifted its holdings in D.R. Horton by 53.2% during the second 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. Institutional investors own 90.63% of the company’s stock.

Insiders Place Their Bets

In other news, SVP Aron M. Odom sold 1,376 shares of the firm’s stock in a transaction dated Friday, September 5th. The shares were sold at an average price of $183.00, for a total transaction of $251,808.00. Following the completion of the sale, the senior vice president owned 6,457 shares in the company, valued at approximately $1,181,631. This trade represents a 17.57% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Michael R. Buchanan sold 2,150 shares of the stock in a transaction dated Tuesday, June 24th. The shares were sold at an average price of $127.70, for a total transaction of $274,555.00. Following the completion of the transaction, the director directly owned 2,193 shares in the company, valued at approximately $280,046.10. This represents a 49.50% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 34,526 shares of company stock valued at $6,173,403 over the last ninety days. 0.54% of the stock is currently owned by company insiders.

D.R. Horton Trading Down 0.8%

Shares of NYSE:DHI opened at $168.20 on Monday. D.R. Horton, Inc. has a 52-week low of $110.44 and a 52-week high of $195.50. The company has a market capitalization of $50.14 billion, a P/E ratio of 13.49, a price-to-earnings-growth ratio of 3.57 and a beta of 1.36. The company has a 50-day simple moving average of $159.76 and a 200 day simple moving average of $137.28. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.19 and a current ratio of 7.06.

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

D.R. Horton Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 14th. Shareholders of record on Thursday, August 7th were given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend was Thursday, August 7th. D.R. Horton’s payout ratio is 12.83%.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. Keefe, Bruyette & Woods raised their price target 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. Wedbush increased their target price on D.R. Horton from $155.00 to $170.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 23rd. Wells Fargo & Company upped their price target on shares of D.R. Horton from $175.00 to $190.00 and gave the company an “overweight” rating in a report on Tuesday, September 2nd. UBS Group upped their price target on shares of D.R. Horton from $176.00 to $187.00 and gave the company a “buy” rating in a report on Wednesday, July 23rd. Finally, Royal Bank Of Canada boosted their price objective on shares of D.R. Horton from $105.00 to $117.00 and gave the company an “underperform” rating in a research report on Wednesday, July 23rd. One investment 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. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $158.23.

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.