AlphaQuest LLC Has $1.51 Million Stake in D.R. Horton, Inc. $DHI

Key Points

• AlphaQuest LLC increased its stake in D.R. Horton, Inc. by 296.0% in Q1, owning 11,897 shares worth $1,512,000 after acquiring an additional 8,893 shares.
• D.R. Horton reported a quarterly earnings per share (EPS) of $3.36, exceeding analysts' expectations, with revenue of $9.23 billion, which is a 7.4% decline year-over-year.
• The company has a dividend yield of 0.9% after paying a quarterly dividend of $0.40 to stockholders, representing an annual payout of $1.60.

AlphaQuest LLC increased its position in D.R. Horton, Inc. (NYSE:DHI - Free Report) by 296.0% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 11,897 shares of the construction company's stock after acquiring an additional 8,893 shares during the period. AlphaQuest LLC's holdings in D.R. Horton were worth $1,512,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. Horizon Investments LLC grew its position in D.R. Horton by 1.5% during the first quarter. Horizon Investments LLC now owns 5,586 shares of the construction company's stock worth $708,000 after buying an additional 83 shares during the period. Azzad Asset Management Inc. ADV grew its position in D.R. Horton by 1.0% during the fourth quarter. Azzad Asset Management Inc. ADV now owns 8,732 shares of the construction company's stock worth $1,221,000 after buying an additional 89 shares during the period. Aptus Capital Advisors LLC grew its position in D.R. Horton by 3.2% during the fourth quarter. Aptus Capital Advisors LLC now owns 3,190 shares of the construction company's stock worth $446,000 after buying an additional 98 shares during the period. Sheaff Brock Investment Advisors LLC lifted its holdings in shares of D.R. Horton by 2.7% in the first quarter. Sheaff Brock Investment Advisors LLC now owns 3,696 shares of the construction company's stock valued at $470,000 after purchasing an additional 98 shares in the last quarter. Finally, Continuum Advisory LLC grew its holdings in D.R. Horton by 25.8% during the 4th quarter. Continuum Advisory LLC now owns 487 shares of the construction company's stock valued at $68,000 after buying an additional 100 shares during the last quarter. Institutional investors own 90.63% of the company's stock.

D.R. Horton Trading Down 0.3%

D.R. Horton stock traded down $0.55 during trading hours on Tuesday, reaching $168.41. 4,223,220 shares of the company's stock traded hands, compared to its average volume of 3,827,938. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.19 and a current ratio of 7.06. D.R. Horton, Inc. has a fifty-two week low of $110.44 and a fifty-two week high of $199.85. The firm has a market capitalization of $50.21 billion, a price-to-earnings ratio of 13.51, a PEG ratio of 3.63 and a beta of 1.34. The firm's 50 day moving average is $144.22 and its 200-day moving average is $131.60.

D.R. Horton (NYSE:DHI - Get Free Report) last announced its earnings results on Tuesday, July 22nd. The construction company reported $3.36 EPS for the quarter, topping the consensus estimate of $2.90 by $0.46. The firm had revenue of $9.23 billion for the quarter, compared to the consensus estimate of $8.80 billion. D.R. Horton had a net margin of 11.46% and a return on equity of 15.74%. The business's quarterly revenue was down 7.4% on a year-over-year basis. During the same period last year, the company posted $4.10 EPS. D.R. Horton has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. On average, analysts predict that D.R. Horton, Inc. will post 13.04 earnings per share for the current year.

D.R. Horton Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 14th. Stockholders of record on Thursday, August 7th were given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend was Thursday, August 7th. D.R. Horton's payout ratio is presently 12.83%.

Insider Buying and Selling

In other D.R. Horton news, Director Michael R. Buchanan sold 2,150 shares of the business's stock in a transaction dated Tuesday, June 24th. The stock was sold at an average price of $127.70, for a total transaction of $274,555.00. Following the completion of the transaction, the director owned 2,193 shares of the company's stock, valued at approximately $280,046.10. The trade was a 49.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.54% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. UBS Group increased their price objective on D.R. Horton from $176.00 to $187.00 and gave the company a "buy" rating in a research note on Wednesday, July 23rd. Wedbush increased their price target on shares of D.R. Horton from $155.00 to $170.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 23rd. Keefe, Bruyette & Woods increased their target price on D.R. Horton from $135.00 to $161.00 and gave the stock a "market perform" rating in a research report on Thursday, July 24th. Wall Street Zen upgraded D.R. Horton from a "sell" rating to a "hold" rating in a research report on Sunday, July 20th. Finally, Wells Fargo & Company lifted their price objective on shares of D.R. Horton from $160.00 to $175.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 23rd. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, D.R. Horton presently has a consensus rating of "Hold" and a consensus price target of $153.23.

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.