W.H. Cornerstone Investments Inc. Buys New Stake in D.R. Horton, Inc. $DHI

W.H. Cornerstone Investments Inc. bought a new stake in D.R. Horton, Inc. (NYSE:DHI) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 1,555 shares of the construction company’s stock, valued at approximately $200,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Bayforest Capital Ltd boosted its stake in shares of D.R. Horton by 340.4% during the first quarter. Bayforest Capital Ltd now owns 251 shares of the construction company’s stock worth $32,000 after buying an additional 194 shares during the period. Accredited Wealth Management LLC acquired a new position in shares of D.R. Horton during the first quarter worth about $34,000. Hantz Financial Services Inc. increased its holdings in D.R. Horton by 1,678.9% during the 2nd quarter. Hantz Financial Services Inc. now owns 338 shares of the construction company’s stock worth $44,000 after purchasing an additional 319 shares during the last quarter. Ransom Advisory Ltd acquired a new position in shares of D.R. Horton in the 1st quarter worth approximately $51,000. Finally, Adirondack Trust Co. boosted its position in D.R. Horton by 53.2% during the 2nd quarter. Adirondack Trust Co. now owns 406 shares of the construction company’s stock valued at $52,000 after purchasing an additional 141 shares during the period. 90.63% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

DHI has been the subject of several recent analyst reports. Citigroup reaffirmed a “market outperform” rating on shares of D.R. Horton in a research report on Thursday, October 30th. Wells Fargo & Company increased their target price on D.R. Horton from $175.00 to $190.00 and gave the stock an “overweight” rating in a report on Tuesday, September 2nd. Keefe, Bruyette & Woods lowered their target price on shares of D.R. Horton from $178.00 to $175.00 and set a “market perform” rating for the company in a report on Wednesday, October 29th. Evercore ISI set a $169.00 price target on shares of D.R. Horton and gave the company an “in-line” rating in a research report on Tuesday, October 7th. Finally, Royal Bank Of Canada raised their price target on D.R. Horton from $117.00 to $118.00 and gave the stock an “underperform” rating in a research report on Wednesday, October 29th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $157.38.

Insider Buying and Selling at D.R. Horton

In related news, Chairman David V. Auld sold 30,000 shares of the firm’s stock in a transaction dated Friday, September 5th. The stock was 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 of the company’s stock, valued at $148,623,595.12. This trade represents a 3.55% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Michael R. Buchanan sold 1,000 shares of the firm’s stock in a transaction on Friday, September 5th. The shares were sold at an average price of $180.74, for a total value of $180,740.00. Following the transaction, the director directly owned 1,193 shares of the company’s stock, valued at $215,622.82. This represents a 45.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 32,376 shares of company stock valued at $5,898,848 in the last 90 days. Corporate insiders own 0.54% of the company’s stock.

D.R. Horton Price Performance

Shares of NYSE DHI traded down $0.86 during mid-day trading on Thursday, hitting $145.17. 283,985 shares of the stock traded hands, compared to its average volume of 3,665,528. The company has a debt-to-equity ratio of 0.24, a current ratio of 6.48 and a quick ratio of 1.19. D.R. Horton, Inc. has a twelve month low of $110.44 and a twelve month high of $184.54. The company has a market cap of $43.28 billion, a PE ratio of 12.52, a price-to-earnings-growth ratio of 3.09 and a beta of 1.36. The firm has a 50 day simple moving average of $161.38 and a two-hundred day simple moving average of $145.70.

D.R. Horton (NYSE:DHI) last released its earnings results on Tuesday, October 28th. The construction company reported $3.04 earnings per share (EPS) 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 company had revenue of $9.68 billion for the quarter, compared to analyst estimates of $9.44 billion. During the same quarter in the previous year, the firm earned $3.92 EPS. The firm’s revenue 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. As a group, equities research analysts forecast that D.R. Horton, Inc. will post 13.04 EPS for the current fiscal year.

D.R. Horton Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, November 20th. Shareholders of record on Thursday, November 13th will be issued a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 1.2%. 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. D.R. Horton’s payout ratio is 15.53%.

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.