Blair William & Co. IL Trims Stock Position in D.R. Horton, Inc. $DHI

Blair William & Co. IL lowered its position in shares of D.R. Horton, Inc. (NYSE:DHI) by 3.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 35,653 shares of the construction company’s stock after selling 1,087 shares during the period. Blair William & Co. IL’s holdings in D.R. Horton were worth $4,596,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of DHI. Allspring Global Investments Holdings LLC lifted its position in D.R. Horton by 652.0% during the first quarter. Allspring Global Investments Holdings LLC now owns 1,981,609 shares of the construction company’s stock valued at $252,477,000 after purchasing an additional 1,718,094 shares during the last quarter. Pacer Advisors Inc. lifted its position in D.R. Horton by 4,630.6% during the first quarter. Pacer Advisors Inc. now owns 1,691,056 shares of the construction company’s stock valued at $214,984,000 after purchasing an additional 1,655,309 shares during the last quarter. Amundi lifted its position in D.R. Horton by 60.2% during the first quarter. Amundi now owns 2,176,211 shares of the construction company’s stock valued at $266,811,000 after purchasing an additional 817,998 shares during the last quarter. Nuveen LLC bought a new stake in D.R. Horton during the first quarter valued at approximately $98,382,000. Finally, Vanguard Group Inc. lifted its position in 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 valued at $4,279,706,000 after purchasing an additional 642,642 shares during the last quarter. 90.63% of the stock is currently owned by institutional investors.

D.R. Horton Trading Down 0.1%

NYSE:DHI opened at $151.30 on Monday. The company has a fifty day moving average of $167.13 and a 200 day moving average of $141.03. D.R. Horton, Inc. has a 52 week low of $110.44 and a 52 week high of $195.50. 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 firm has a market capitalization of $45.11 billion, a P/E ratio of 12.13, a P/E/G ratio of 3.15 and a beta of 1.40.

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

D.R. Horton Announces Dividend

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

Insider Activity at D.R. Horton

In related news, Chairman David V. Auld sold 30,000 shares of the company’s stock in a transaction on Friday, September 5th. The shares were sold at an average price of $182.21, for a total transaction of $5,466,300.00. Following the completion of the sale, the chairman directly owned 815,672 shares in the company, valued at $148,623,595.12. This represents a 3.55% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Michael R. Buchanan sold 1,000 shares of the company’s 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 sale, the director owned 1,193 shares of the company’s stock, valued at $215,622.82. This represents a 45.60% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 32,376 shares of company stock worth $5,898,848 in the last three months. 0.54% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several brokerages have issued reports on DHI. Wall Street Zen upgraded shares of D.R. Horton from a “sell” rating to a “hold” rating in a research report on Sunday, July 20th. Citigroup lifted their target price on shares of D.R. Horton from $162.00 to $175.00 and gave the company a “neutral” rating in a research report on Wednesday, October 1st. Royal Bank Of Canada boosted their price objective on shares of D.R. Horton from $105.00 to $117.00 and gave the stock an “underperform” rating in a report on Wednesday, July 23rd. Keefe, Bruyette & Woods boosted their price objective on shares of D.R. Horton from $135.00 to $161.00 and gave the stock a “market perform” rating in a report on Thursday, July 24th. Finally, Evercore ISI set a $169.00 price objective on shares of D.R. Horton and gave the stock an “in-line” rating in a report on Tuesday, October 7th. One equities research 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 given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target 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.