D.R. Horton, Inc. $DHI Shares Sold by Miller Investment Management LP

Miller Investment Management LP cut its stake in D.R. Horton, Inc. (NYSE:DHI) by 1.0% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 86,693 shares of the construction company’s stock after selling 844 shares during the period. D.R. Horton makes up 1.2% of Miller Investment Management LP’s investment portfolio, making the stock its 19th largest position. Miller Investment Management LP’s holdings in D.R. Horton were worth $11,176,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of DHI. TD Private Client Wealth LLC grew its stake in shares of D.R. Horton by 14.5% during the 1st quarter. TD Private Client Wealth LLC now owns 1,279 shares of the construction company’s stock valued at $163,000 after buying an additional 162 shares during the period. Brown Advisory Inc. raised its position in shares of D.R. Horton by 14.0% in the 1st quarter. Brown Advisory Inc. now owns 6,111 shares of the construction company’s stock worth $777,000 after buying an additional 749 shares during the period. Leavell Investment Management Inc. boosted its holdings in 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 acquiring an additional 549 shares during the last quarter. Cerity Partners LLC grew its position in D.R. Horton by 9.4% during the first quarter. Cerity Partners LLC now owns 32,067 shares of the construction company’s stock valued at $4,077,000 after acquiring an additional 2,745 shares during the period. Finally, Fidelis Capital Partners LLC grew its position in D.R. Horton by 9.8% during the first quarter. Fidelis Capital Partners LLC now owns 4,906 shares of the construction company’s stock valued at $611,000 after acquiring an additional 437 shares during the period. 90.63% of the stock is currently owned by hedge funds and other institutional investors.

D.R. Horton Trading Down 0.5%

DHI opened at $144.51 on Friday. The firm’s 50 day moving average is $162.88 and its 200-day moving average is $145.12. D.R. Horton, Inc. has a 52-week low of $110.44 and a 52-week high of $184.54. The company has a quick ratio of 1.19, a current ratio of 6.48 and a debt-to-equity ratio of 0.24. The firm has a market capitalization of $43.08 billion, a P/E ratio of 12.47, a P/E/G ratio of 3.09 and a beta of 1.36.

D.R. Horton (NYSE:DHI) last released its quarterly earnings results on Tuesday, October 28th. The construction company reported $3.04 earnings per share for the quarter, missing analysts’ consensus estimates of $3.29 by ($0.25). D.R. Horton had a net margin of 10.47% and a return on equity of 14.39%. The firm had revenue of $9.68 billion for the quarter, compared to analyst estimates of $9.44 billion. During the same period in the previous year, the business posted $3.92 earnings per share. D.R. Horton’s revenue for the quarter was down 3.2% on a year-over-year basis. D.R. Horton has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. Analysts expect that D.R. Horton, Inc. will post 13.04 EPS for the current fiscal year.

D.R. Horton Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 20th. Stockholders of record on Thursday, November 13th will be given a dividend of $0.45 per share. The ex-dividend date of this dividend is Thursday, November 13th. This is a positive change from D.R. Horton’s previous quarterly dividend of $0.40. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.2%. D.R. Horton’s dividend payout ratio is presently 15.53%.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on DHI shares. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of D.R. Horton in a research note on Wednesday, October 8th. Keefe, Bruyette & Woods cut their price target on shares of D.R. Horton from $178.00 to $175.00 and set a “market perform” rating on the stock in a report on Wednesday, October 29th. Bank of America decreased their price objective on shares of D.R. Horton from $175.00 to $165.00 and set a “neutral” rating for the company in a research note on Friday, October 10th. 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 reissued a “market outperform” rating on shares of D.R. Horton in a research note on Thursday, October 30th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, six have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, D.R. Horton has an average rating of “Hold” and an average price target of $157.38.

Insider Buying and Selling

In related news, SVP Aron M. Odom sold 1,376 shares of the stock in a transaction dated Friday, September 5th. The stock was sold at an average price of $183.00, for a total value of $251,808.00. Following the completion of the transaction, the senior vice president owned 6,457 shares of the company’s stock, valued at approximately $1,181,631. This represents a 17.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, 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 owned 815,672 shares of the company’s stock, valued at approximately $148,623,595.12. This trade represents a 3.55% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 32,376 shares of company stock worth $5,898,848. 0.54% of the stock is currently owned by corporate insiders.

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.