PSI Advisors LLC Acquires 400 Shares of D.R. Horton, Inc. (NYSE:DHI)

PSI Advisors LLC boosted its holdings in shares of D.R. Horton, Inc. (NYSE:DHI) by 64.2% during the first quarter, HoldingsChannel reports. The fund owned 1,023 shares of the construction company’s stock after purchasing an additional 400 shares during the quarter. PSI Advisors LLC’s holdings in D.R. Horton were worth $130,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Bank Pictet & Cie Europe AG increased its holdings in D.R. Horton by 1.6% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 319,166 shares of the construction company’s stock valued at $44,626,000 after purchasing an additional 5,052 shares during the period. Principal Securities Inc. boosted its holdings in D.R. Horton by 4.8% in the fourth quarter. Principal Securities Inc. now owns 11,215 shares of the construction company’s stock valued at $1,568,000 after acquiring an additional 515 shares during the last quarter. Allworth Financial LP boosted its holdings in D.R. Horton by 5.5% in the fourth quarter. Allworth Financial LP now owns 1,561 shares of the construction company’s stock valued at $229,000 after acquiring an additional 82 shares during the last quarter. Sierra Ocean LLC acquired a new stake in D.R. Horton during the 4th quarter valued at approximately $43,000. Finally, Catalyst Capital Advisors LLC bought a new position in D.R. Horton during the 4th quarter worth approximately $51,000. 90.63% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

DHI has been the subject of several recent analyst reports. Keefe, Bruyette & Woods decreased their price objective on shares of D.R. Horton from $165.00 to $135.00 and set a “market perform” rating for the company in a research report on Tuesday, April 22nd. Bank of America decreased their price target on D.R. Horton from $150.00 to $125.00 and set a “neutral” rating for the company in a report on Thursday, April 17th. Softer demand and elevated incentives impacting outlook through H2 2025 Wall Street Zen raised D.R. Horton from a “sell” rating to a “hold” rating in a research note on Tuesday, May 13th. The Goldman Sachs Group cut their target price on D.R. Horton from $173.00 to $150.00 and set a “buy” rating on the stock in a research report on Tuesday, April 15th. Finally, Wells Fargo & Company lowered their target price on D.R. Horton from $175.00 to $160.00 and set an “overweight” rating for the company in a report on Monday, April 14th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating, six have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $151.15.

D.R. Horton Trading Down 3.0%

NYSE DHI opened at $119.91 on Wednesday. The company has a quick ratio of 1.15, a current ratio of 7.29 and a debt-to-equity ratio of 0.26. D.R. Horton, Inc. has a 52 week low of $110.44 and a 52 week high of $199.85. The business has a 50 day moving average price of $122.35 and a 200-day moving average price of $131.82. The company has a market cap of $36.83 billion, a price-to-earnings ratio of 9.08, a P/E/G ratio of 3.86 and a beta of 1.37.

D.R. Horton (NYSE:DHI) last posted its quarterly earnings results on Thursday, April 17th. The construction company reported $2.58 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.69 by ($0.11). D.R. Horton had a net margin of 12.15% and a return on equity of 16.95%. The business had revenue of $7.73 billion during the quarter, compared to analyst estimates of $8.07 billion. During the same period in the previous year, the business posted $3.52 EPS. As a group, equities analysts expect that D.R. Horton, Inc. will post 13.04 earnings per share for the current fiscal year.

D.R. Horton Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, May 9th. Stockholders of record on Friday, May 2nd were given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 1.33%. The ex-dividend date was Friday, May 2nd. D.R. Horton’s payout ratio is presently 12.11%.

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.