Hsbc Holdings PLC Raises Holdings in Meritage Homes Corporation $MTH

Posted by Francis Steltz on Jul 23rd, 2026

Hsbc Holdings PLC lifted its position in shares of Meritage Homes Corporation (NYSE:MTH – Free Report) by 77.8% during the first quarter, Holdings Channel.com reports. The institutional investor owned 164,915 shares of the construction company’s stock after acquiring an additional 72,174 shares during the quarter. Hsbc Holdings PLC’s holdings in Meritage Homes were worth $10,093,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in MTH. Dimensional Fund Advisors LP raised its holdings in shares of Meritage Homes by 0.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,901,851 shares of the construction company’s stock valued at $190,943,000 after acquiring an additional 16,338 shares in the last quarter. Balyasny Asset Management L.P. grew its holdings in Meritage Homes by 58.9% during the 2nd quarter. Balyasny Asset Management L.P. now owns 1,423,013 shares of the construction company’s stock worth $95,299,000 after acquiring an additional 527,265 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in Meritage Homes by 58.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,058,850 shares of the construction company’s stock worth $75,051,000 after acquiring an additional 391,297 shares in the last quarter. Norges Bank purchased a new position in Meritage Homes during the 4th quarter valued at about $63,053,000. Finally, Bank of New York Mellon Corp increased its position in Meritage Homes by 7.7% during the 4th quarter. Bank of New York Mellon Corp now owns 855,679 shares of the construction company’s stock valued at $56,304,000 after purchasing an additional 61,342 shares during the period. Hedge funds and other institutional investors own 98.44% of the company’s stock.

Insider Transactions at Meritage Homes

In other Meritage Homes news, CAO Alison Sasser sold 1,273 shares of Meritage Homes stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $62.11, for a total value of $79,066.03. Following the transaction, the chief accounting officer directly owned 7,634 shares of the company’s stock, valued at approximately $474,147.74. The trade was a 14.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 2.50% of the company’s stock.

Meritage Homes Stock Performance

MTH stock opened at $72.25 on Thursday. Meritage Homes Corporation has a one year low of $58.03 and a one year high of $85.38. The firm has a market cap of $4.82 billion, a price-to-earnings ratio of 13.26, a PEG ratio of 3.17 and a beta of 1.35. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.96 and a current ratio of 1.96. The firm has a 50-day simple moving average of $72.38 and a two-hundred day simple moving average of $70.36.

Meritage Homes (NYSE:MTH – Get Free Report) last issued its quarterly earnings data on Wednesday, April 22nd. The construction company reported $0.86 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.98 by ($0.12). The firm had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.55 billion. Meritage Homes had a return on equity of 8.08% and a net margin of 6.86%.The firm’s quarterly revenue was down 17.5% on a year-over-year basis. During the same period in the previous year, the firm earned $1.69 EPS. On average, equities analysts forecast that Meritage Homes Corporation will post 5 EPS for the current fiscal year.

Meritage Homes Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 16th were paid a $0.48 dividend. This represents a $1.92 annualized dividend and a yield of 2.7%. The ex-dividend date was Tuesday, June 16th. Meritage Homes’s dividend payout ratio (DPR) is 35.23%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on MTH shares. UBS Group set a $86.00 price target on shares of Meritage Homes and gave the stock a “buy” rating in a research report on Friday, April 24th. Bank of America cut their price objective on shares of Meritage Homes from $74.00 to $72.00 and set a “neutral” rating on the stock in a report on Monday, April 20th. JPMorgan Chase & Co. lowered their target price on Meritage Homes from $62.00 to $58.00 and set a “neutral” rating for the company in a report on Tuesday, April 28th. Zacks Research raised Meritage Homes from a “strong sell” rating to a “hold” rating in a research report on Monday, July 13th. Finally, The Goldman Sachs Group reiterated a “buy” rating and issued a $93.00 price target (up from $82.00) on shares of Meritage Homes in a report on Friday, July 10th. Five equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $80.22.

Read Our Latest Stock Analysis on MTH

Meritage Homes Profile

(Free Report)

Meritage Homes Corporation is a national homebuilder and residential developer headquartered in Scottsdale, Arizona. Founded in 1985 as Winchester Homes and later rebranded to Meritage Homes, the company specializes in designing, constructing and selling single‐family detached and attached homes. With a focus on energy efficiency and sustainable building practices, Meritage Homes markets its properties under the GreenSmart program, which integrates high‐performance features aimed at reducing long‐term energy and water consumption for homebuyers.

The company’s core activities encompass land acquisition, residential community planning, home design, construction management and real estate sales.