Savant Capital LLC Cuts Stock Position in D.R. Horton, Inc. $DHI

Savant Capital LLC lessened its holdings in shares of D.R. Horton, Inc. (NYSE:DHI) by 56.7% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 7,474 shares of the construction company’s stock after selling 9,801 shares during the quarter. Savant Capital LLC’s holdings in D.R. Horton were worth $964,000 as of its most recent filing with the SEC.

Other institutional investors have also recently made changes to their positions in the company. Bayforest Capital Ltd boosted its position in 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 purchased a new position in D.R. Horton in the first quarter valued at $34,000. Hantz Financial Services Inc. grew its stake 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 in the last quarter. Ransom Advisory Ltd purchased a new stake in D.R. Horton during the 1st quarter worth about $51,000. Finally, Adirondack Trust Co. raised its position in D.R. Horton by 53.2% in 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 in the last quarter. Institutional investors and hedge funds own 90.63% of the company’s stock.

Insider Transactions at D.R. Horton

In related news, Director Michael R. Buchanan sold 1,000 shares of the 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 completion of the sale, the director owned 1,193 shares in the company, valued at $215,622.82. This represents a 45.60% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Aron M. Odom sold 1,376 shares of the firm’s stock in a transaction on Friday, September 5th. The stock was sold at an average price of $183.00, for a total transaction of $251,808.00. Following the transaction, the senior vice president directly owned 6,457 shares in the company, valued at $1,181,631. The trade was a 17.57% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 32,376 shares of company stock worth $5,898,848. Insiders own 0.54% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have commented on the stock. Weiss Ratings reiterated a “hold (c+)” rating on shares of D.R. Horton in a report on Wednesday, October 8th. Bank of America cut their price target on D.R. Horton from $175.00 to $165.00 and set a “neutral” rating on the stock in a research note on Friday, October 10th. Wells Fargo & Company lifted their price target on D.R. Horton from $175.00 to $190.00 and gave the stock an “overweight” rating in a report on Tuesday, September 2nd. Evercore ISI set a $169.00 price objective on D.R. Horton and gave the company an “in-line” rating in a report on Tuesday, October 7th. Finally, Royal Bank Of Canada raised their target price 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 equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, D.R. Horton presently has an average rating of “Hold” and an average price target of $157.38.

D.R. Horton Stock Performance

Shares of DHI stock opened at $143.39 on Friday. The stock’s 50-day moving average is $160.71 and its two-hundred day moving average is $145.68. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.19 and a current ratio of 6.48. D.R. Horton, Inc. has a 1 year low of $110.44 and a 1 year high of $184.54. The firm has a market cap of $42.75 billion, a price-to-earnings ratio of 12.37, a PEG ratio of 3.09 and a beta of 1.36.

D.R. Horton (NYSE:DHI) last announced 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). The firm had revenue of $9.68 billion during the quarter, compared to analyst estimates of $9.44 billion. D.R. Horton had a net margin of 10.47% and a return on equity of 14.39%. The firm’s revenue for the quarter was down 3.2% compared to the same quarter last year. During the same period last year, the company earned $3.92 earnings per share. D.R. Horton has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. Analysts predict that D.R. Horton, Inc. will post 13.04 earnings per share for the current 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. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.3%. This is a boost from D.R. Horton’s previous quarterly dividend of $0.40. The ex-dividend date is Thursday, November 13th. 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.