Brave Warrior Advisors LLC Has $149.38 Million Stock Holdings in D.R. Horton, Inc. $DHI

Key Points

• Brave Warrior Advisors LLC has increased its stake in D.R. Horton, Inc. by 50.3%, now holding 1,174,997 shares valued at approximately $149.38 million.
• D.R. Horton reported $3.36 earnings per share (EPS) for the last quarter, exceeding estimates, although revenue decreased by 7.4% year-over-year.
• The company also announced a quarterly dividend of $0.40, yielding 0.9% based on an annualized dividend payout of $1.60.

Brave Warrior Advisors LLC boosted its holdings in shares of D.R. Horton, Inc. (NYSE:DHI - Free Report) by 50.3% in the first quarter, according to its most recent filing with the SEC. The firm owned 1,174,997 shares of the construction company's stock after acquiring an additional 393,470 shares during the period. D.R. Horton accounts for 3.4% of Brave Warrior Advisors LLC's portfolio, making the stock its 15th largest position. Brave Warrior Advisors LLC owned 0.38% of D.R. Horton worth $149,377,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Vanguard Group Inc. grew its holdings in D.R. Horton by 1.9% during the 1st quarter. Vanguard Group Inc. now owns 33,664,013 shares of the construction company's stock worth $4,279,706,000 after acquiring an additional 642,642 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of D.R. Horton by 1.0% during the first quarter. Dimensional Fund Advisors LP now owns 3,509,407 shares of the construction company's stock worth $446,093,000 after purchasing an additional 33,412 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of D.R. Horton by 21.7% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,677,100 shares of the construction company's stock worth $374,312,000 after purchasing an additional 476,816 shares in the last quarter. Invesco Ltd. boosted its position in shares of D.R. Horton by 23.1% during the first quarter. Invesco Ltd. now owns 2,520,422 shares of the construction company's stock worth $320,421,000 after purchasing an additional 472,382 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC boosted its position in shares of D.R. Horton by 652.0% during the first quarter. Allspring Global Investments Holdings LLC now owns 1,981,609 shares of the construction company's stock worth $252,477,000 after purchasing an additional 1,718,094 shares in the last quarter. Institutional investors and hedge funds own 90.63% of the company's stock.

D.R. Horton Stock Up 0.4%

Shares of DHI stock opened at $169.66 on Monday. The company has a current ratio of 7.06, a quick ratio of 1.19 and a debt-to-equity ratio of 0.29. D.R. Horton, Inc. has a 1 year low of $110.44 and a 1 year high of $199.85. The firm's fifty day moving average price is $147.01 and its two-hundred day moving average price is $132.43. The firm has a market capitalization of $50.58 billion, a P/E ratio of 13.61, a PEG ratio of 3.60 and a beta of 1.36.

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

D.R. Horton Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, August 14th. Investors of record on Thursday, August 7th were paid a $0.40 dividend. The ex-dividend date was Thursday, August 7th. This represents a $1.60 dividend on an annualized basis and a yield of 0.9%. D.R. Horton's dividend payout ratio is 12.83%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on DHI. Wells Fargo & Company lifted their price target on shares of D.R. Horton from $160.00 to $175.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 23rd. Keefe, Bruyette & Woods lifted their price target on shares of 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. Wedbush lifted 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. Wall Street Zen raised shares of D.R. Horton from a "sell" rating to a "hold" rating in a research report on Sunday, July 20th. Finally, UBS Group boosted their price objective on shares of D.R. Horton from $176.00 to $187.00 and gave the company a "buy" rating in a research report on Wednesday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat.com, D.R. Horton has a consensus rating of "Hold" and a consensus target price of $153.23.

Insider Buying and Selling

In related news, Director Michael R. Buchanan sold 2,150 shares of the company's stock in a transaction dated Tuesday, June 24th. The shares were sold at an average price of $127.70, for a total value of $274,555.00. Following the transaction, the director owned 2,193 shares in the company, valued at approximately $280,046.10. This represents a 49.50% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.54% of the company's stock.

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.

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