Sone Capital Management LLC Purchases Shares of 128,168 Meritage Homes Corporation $MTH

Posted by Francis Steltz on Aug 25th, 2026

Sone Capital Management LLC purchased a new stake in shares of Meritage Homes Corporation (NYSE:MTH – Free Report) in the second quarter, according to its most recent 13F filing with the SEC. The fund purchased 128,168 shares of the construction company’s stock, valued at approximately $10,747,000.

Several other institutional investors have also recently made changes to their positions in MTH. New Age Alpha Advisors LLC boosted its stake in Meritage Homes by 1.5% during the fourth quarter. New Age Alpha Advisors LLC now owns 10,627 shares of the construction company’s stock valued at $699,000 after buying an additional 158 shares during the period. ProShare Advisors LLC increased its stake in Meritage Homes by 1.2% in the 4th quarter. ProShare Advisors LLC now owns 13,559 shares of the construction company’s stock worth $892,000 after acquiring an additional 164 shares during the last quarter. Glenmede Trust Co. NA increased its stake in Meritage Homes by 2.0% in the 1st quarter. Glenmede Trust Co. NA now owns 9,223 shares of the construction company’s stock worth $570,000 after acquiring an additional 179 shares during the last quarter. CIBC Asset Management Inc raised its holdings in shares of Meritage Homes by 2.7% in the 4th quarter. CIBC Asset Management Inc now owns 6,916 shares of the construction company’s stock valued at $455,000 after acquiring an additional 185 shares in the last quarter. Finally, Xponance LLC raised its holdings in shares of Meritage Homes by 2.7% in the 4th quarter. Xponance LLC now owns 7,868 shares of the construction company’s stock valued at $518,000 after acquiring an additional 208 shares in the last quarter. Institutional investors own 98.44% of the company’s stock.

Meritage Homes Trading Up 1.2%

NYSE MTH opened at $72.55 on Tuesday. The stock’s 50-day simple moving average is $75.12 and its two-hundred day simple moving average is $70.42. Meritage Homes Corporation has a twelve month low of $58.03 and a twelve month high of $85.38. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 0.37. The company has a market capitalization of $4.73 billion, a price-to-earnings ratio of 15.18, a PEG ratio of 5.25 and a beta of 1.36.

Meritage Homes (NYSE:MTH – Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The construction company reported $1.42 EPS for the quarter, beating the consensus estimate of $1.30 by $0.12. The firm had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.43 billion. Meritage Homes had a return on equity of 7.13% and a net margin of 6.11%.The company’s revenue was down 14.1% on a year-over-year basis. During the same period in the prior year, the company earned $2.04 EPS. Research analysts forecast that Meritage Homes Corporation will post 5.04 EPS for the current fiscal year.

Meritage Homes Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be paid a $0.48 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.6%. Meritage Homes’s dividend payout ratio is 40.17%.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on MTH shares. Zelman & Associates downgraded Meritage Homes from an “outperform” rating to a “neutral” rating in a research report on Tuesday, July 7th. JPMorgan Chase & Co. decreased their price objective on shares of Meritage Homes from $62.00 to $58.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 28th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $93.00 target price (up from $82.00) on shares of Meritage Homes in a research note on Friday, July 10th. UBS Group reiterated a “buy” rating and set a $88.00 target price (up from $86.00) on shares of Meritage Homes in a research report on Friday, July 31st. Finally, Zacks Research raised shares of Meritage Homes from a “strong sell” rating to a “hold” rating in a research note on Monday, July 13th. Five analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $79.25.

View Our Latest Analysis on Meritage Homes

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.