Inspire Investing LLC Sells 16,787 Shares of D.R. Horton, Inc. $DHI

Inspire Investing LLC cut its stake in D.R. Horton, Inc. (NYSE:DHI) by 82.4% during the 2nd quarter, Holdings Channel.com reports. The firm owned 3,597 shares of the construction company’s stock after selling 16,787 shares during the period. Inspire Investing LLC’s holdings in D.R. Horton were worth $464,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. Edgestream Partners L.P. raised its position in shares of D.R. Horton by 1,710.0% in the first quarter. Edgestream Partners L.P. now owns 107,587 shares of the construction company’s stock valued at $13,678,000 after purchasing an additional 101,643 shares during the period. MQS Management LLC bought a new position in shares of D.R. Horton in the first quarter valued at about $1,132,000. Leavell Investment Management Inc. raised its position in shares of D.R. Horton by 19.8% in the first quarter. Leavell Investment Management Inc. now owns 3,326 shares of the construction company’s stock valued at $423,000 after purchasing an additional 549 shares during the period. Swedbank AB raised its position in shares of D.R. Horton by 22.8% in the first quarter. Swedbank AB now owns 524,512 shares of the construction company’s stock valued at $66,681,000 after purchasing an additional 97,467 shares during the period. Finally, Exchange Traded Concepts LLC raised its position in shares of D.R. Horton by 25.0% in the first quarter. Exchange Traded Concepts LLC now owns 2,555 shares of the construction company’s stock valued at $325,000 after purchasing an additional 511 shares during the period. 90.63% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, 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 sale, the chairman directly owned 815,672 shares in the company, valued at approximately $148,623,595.12. This trade represents a 3.55% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Aron M. Odom sold 1,376 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the senior vice president owned 6,457 shares in the company, valued at approximately $1,181,631. The trade was a 17.57% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 32,376 shares of company stock worth $5,898,848 over the last ninety days. Corporate insiders own 0.54% of the company’s stock.

D.R. Horton Trading Down 0.1%

Shares of D.R. Horton stock opened at $151.30 on Monday. The company has a market capitalization of $45.11 billion, a price-to-earnings ratio of 12.13, a PEG ratio of 3.15 and a beta of 1.40. The company has a quick ratio of 1.19, a current ratio of 7.06 and a debt-to-equity ratio of 0.29. D.R. Horton, Inc. has a 12-month low of $110.44 and a 12-month high of $195.50. The firm’s 50-day moving average price is $167.13 and its two-hundred day moving average price is $141.03.

D.R. Horton (NYSE:DHI) last announced its quarterly earnings data on Tuesday, July 22nd. The construction company reported $3.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.90 by $0.46. The firm had revenue of $9.23 billion for 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 revenue for the quarter was down 7.4% on a year-over-year basis. During the same period in the prior year, the company posted $4.10 earnings per share. D.R. Horton has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. On average, analysts forecast 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 disclosed a quarterly dividend, which was paid on Thursday, August 14th. Shareholders of record on Thursday, August 7th were paid 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 presently 12.83%.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on DHI shares. Wedbush increased their price objective on shares of D.R. Horton from $155.00 to $170.00 and gave the company a “neutral” rating in a research report on Wednesday, July 23rd. Keefe, Bruyette & Woods raised their price target on shares of 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. Royal Bank Of Canada raised their price target 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. Citigroup raised their price target 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. Finally, UBS Group raised their price target on shares of D.R. Horton from $176.00 to $187.00 and gave the stock a “buy” rating in a research report on Wednesday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $156.54.

D.R. Horton 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.