D.R. Horton, Inc. $DHI Shares Bought by Provident Investment Management Inc.

Posted by Stanley Muller on Oct 26th, 2026

Provident Investment Management Inc. boosted its stake in shares of D.R. Horton, Inc. (NYSE:DHI – Free Report) by 4,532.5% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 138,558 shares of the construction company’s stock after purchasing an additional 135,567 shares during the period. D.R. Horton makes up approximately 1.9% of Provident Investment Management Inc.’s portfolio, making the stock its 21st biggest holding. Provident Investment Management Inc.’s holdings in D.R. Horton were worth $18,934,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Valley National Advisers Inc. lifted its holdings in D.R. Horton by 34.0% in the third quarter. Valley National Advisers Inc. now owns 16,127 shares of the construction company’s stock valued at $2,204,000 after acquiring an additional 4,090 shares during the period. BG Investment Services LLC purchased a new stake in D.R. Horton in the 3rd quarter worth approximately $517,000. Citizens Financial Group Inc. RI boosted its position in D.R. Horton by 0.9% in the 3rd quarter. Citizens Financial Group Inc. RI now owns 10,892 shares of the construction company’s stock worth $1,488,000 after purchasing an additional 100 shares in the last quarter. Simplicity Wealth LLC grew its stake in shares of D.R. Horton by 75.1% during the 3rd quarter. Simplicity Wealth LLC now owns 3,635 shares of the construction company’s stock worth $497,000 after purchasing an additional 1,559 shares during the period. Finally, Evergreen Capital Management LLC grew its stake in shares of D.R. Horton by 10.3% during the 3rd quarter. Evergreen Capital Management LLC now owns 9,112 shares of the construction company’s stock worth $1,245,000 after purchasing an additional 851 shares during the period. Hedge funds and other institutional investors own 90.63% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on DHI. Melius Research assumed coverage on shares of D.R. Horton in a report on Tuesday, October 6th. They set a “sell” rating and a $128.00 target price for the company. The Goldman Sachs Group reissued a “buy” rating and set a $182.00 price target on shares of D.R. Horton in a report on Monday, October 12th. Keefe, Bruyette & Woods dropped their price target on shares of D.R. Horton from $167.00 to $160.00 and set a “market perform” rating on the stock in a research report on Tuesday, September 22nd. Royal Bank Of Canada dropped their price target on shares of D.R. Horton from $125.00 to $119.00 and set an “underperform” rating on the stock in a research report on Thursday, October 15th. Finally, Wells Fargo & Company cut their price objective on shares of D.R. Horton from $145.00 to $140.00 and set an “equal weight” rating for the company in a report on Friday, October 16th. Five research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $156.36.

Check Out Our Latest Stock Analysis on D.R. Horton

D.R. Horton Stock Performance

Shares of DHI stock opened at $147.43 on Monday. The company has a current ratio of 6.43, a quick ratio of 1.04 and a debt-to-equity ratio of 0.29. D.R. Horton, Inc. has a 12-month low of $130.40 and a 12-month high of $170.79. The business’s 50 day moving average is $140.92 and its two-hundred day moving average is $146.60. The company has a market capitalization of $41.24 billion, a P/E ratio of 14.03, a P/E/G ratio of 2.30 and a beta of 1.35.

Key Headlines Impacting D.R. Horton

Here are the key news stories impacting D.R. Horton this week:

Positive Sentiment: Homebuilder sentiment has improved as mortgage rates and longer-term Treasury yields have eased, potentially supporting housing affordability and future demand. Investors may also be positioning ahead of D.R. Horton’s October 29 earnings release. D.R. Horton Shares Climb as Lower Rates Lift Homebuilders Ahead of Earnings
Positive Sentiment: D.R. Horton’s board authorized an additional $5 billion in share repurchases, with fiscal 2026 buybacks expected to total at least $3.25 billion. The capital-return program may provide ongoing support for the shares.
Neutral Sentiment: Stonex Financia maintained a “Hold” rating while forecasting earnings of $10.46 per share for fiscal 2026, $10.75 for fiscal 2027 and $13.27 for fiscal 2028. The estimates imply longer-term earnings growth, but the unchanged rating signals limited near-term conviction.
Neutral Sentiment: Analysts expect D.R. Horton to report quarterly earnings on October 29, making results on orders, margins, deliveries and management guidance the next major catalyst. D.R. Horton Expected to Post Quarterly Earnings on Thursday
Negative Sentiment: D.R. Horton reportedly cut its 2026 outlook after missing sales expectations, raising concerns about demand, pricing and profitability in a still-constrained housing market. D.R. Horton Cuts 2026 Outlook Following Sales Miss While Undervalued Narrative Holds
Negative Sentiment: Pre-earnings analysis expects a decline in quarterly earnings and indicates D.R. Horton lacks the usual signals associated with a likely earnings beat, increasing downside risk if results or guidance disappoint. Analysts Estimate D.R. Horton to Report a Decline in Earnings

About D.R. Horton

(Free Report)

D.R. Horton, Inc is a residential construction company that builds and sells single-family detached and attached homes in the United States. Its offerings include entry-level, move-up, luxury and active-adult housing, serving a range of homebuyers through brands such as D.R. Horton, Express Homes, Emerald Homes and Freedom Homes.

The company’s operations also include land acquisition and development, home financing and title services. Through subsidiaries and affiliated businesses, D.R.