Pictet Asset Management Holding SA Has $210.68 Million Stake in D.R. Horton, Inc. $DHI

Posted by Brenda Bartman on Jun 28th, 2026

Pictet Asset Management Holding SA lifted its stake in D.R. Horton, Inc. (NYSE:DHI – Free Report) by 36.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,535,482 shares of the construction company’s stock after buying an additional 409,477 shares during the period. Pictet Asset Management Holding SA owned approximately 0.53% of D.R. Horton worth $210,684,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. Sterling Capital Management LLC lifted its position in shares of D.R. Horton by 25.4% during the 1st quarter. Sterling Capital Management LLC now owns 295,210 shares of the construction company’s stock valued at $40,509,000 after acquiring an additional 59,838 shares during the period. Generali Investments Towarzystwo Funduszy Inwestycyjnych increased its position in shares of D.R. Horton by 20.0% in the first quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych now owns 3,600 shares of the construction company’s stock worth $494,000 after purchasing an additional 600 shares during the period. GHP Investment Advisors Inc. raised its stake in D.R. Horton by 9.7% in the first quarter. GHP Investment Advisors Inc. now owns 19,520 shares of the construction company’s stock valued at $2,679,000 after purchasing an additional 1,726 shares in the last quarter. Louisiana State Employees Retirement System acquired a new position in D.R. Horton in the first quarter valued at about $1,880,000. Finally, Kestra Private Wealth Services LLC lifted its position in D.R. Horton by 28.7% during the first quarter. Kestra Private Wealth Services LLC now owns 7,057 shares of the construction company’s stock worth $968,000 after purchasing an additional 1,575 shares during the period. Institutional investors and hedge funds own 90.63% of the company’s stock.

D.R. Horton Stock Performance

Shares of DHI stock opened at $166.51 on Friday. The firm has a market capitalization of $47.22 billion, a price-to-earnings ratio of 15.61, a PEG ratio of 2.32 and a beta of 1.37. The company has a current ratio of 6.46, a quick ratio of 0.97 and a debt-to-equity ratio of 0.27. The business’s 50-day moving average price is $150.29 and its 200-day moving average price is $150.01. D.R. Horton, Inc. has a 12 month low of $127.34 and a 12 month high of $184.54.

D.R. Horton (NYSE:DHI – Get Free Report) last issued its quarterly earnings data on Tuesday, April 21st. The construction company reported $2.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.15 by $0.09. D.R. Horton had a net margin of 9.51% and a return on equity of 12.94%. The business had revenue of $7.56 billion during the quarter, compared to analyst estimates of $7.55 billion. During the same quarter last year, the business earned $2.58 EPS. The firm’s quarterly revenue was down 2.3% on a year-over-year basis. Equities research analysts forecast that D.R. Horton, Inc. will post 10.61 EPS for the current year.

D.R. Horton Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 14th. Investors of record on Thursday, May 7th were paid a $0.45 dividend. The ex-dividend date of this dividend was Thursday, May 7th. This represents a $1.80 annualized dividend and a dividend yield of 1.1%. D.R. Horton’s payout ratio is currently 16.87%.

Analyst Ratings Changes

DHI has been the topic of several recent analyst reports. Barclays raised their target price on shares of D.R. Horton from $128.00 to $140.00 and gave the company an “equal weight” rating in a report on Wednesday, April 22nd. Wells Fargo & Company raised their target price on D.R. Horton from $147.00 to $170.00 and gave the company an “equal weight” rating in a report on Wednesday, April 22nd. Citigroup upped their price objective on D.R. Horton from $162.00 to $173.00 and gave the stock a “neutral” rating in a research report on Thursday, April 23rd. Truist Financial raised their price objective on D.R. Horton from $140.00 to $150.00 and gave the company a “hold” rating in a research note on Wednesday, April 22nd. Finally, The Goldman Sachs Group raised their price target on shares of D.R. Horton from $172.00 to $190.00 and gave the company a “buy” rating in a research note on Tuesday, April 21st. Four research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, D.R. Horton presently has an average rating of “Hold” and a consensus price target of $168.54.

Read Our Latest Stock Analysis on DHI

About D.R. Horton

(Free Report)

D.R. Horton, Inc is a national homebuilding company that designs, constructs and sells new residential properties across the United States. The company’s core operations focus on building single-family detached homes, townhomes and condominiums for a range of buyer segments. In addition to home construction and sales, D.R. Horton provides complementary services through subsidiaries that support the mortgage, title and closing processes for its customers, enabling integrated transaction workflows from inventory development to home delivery.

Founded in 1978 by Donald R.