Canada Pension Plan Investment Board Has $41.08 Million Holdings in D.R. Horton, Inc. $DHI

Key Points

• The **Canada Pension Plan Investment Board** increased its stake in **D.R. Horton, Inc.** by **200.3%**, owning approximately **0.11%** of the company, valued at **$41.08 million** as of its latest SEC filing.
• D.R. Horton received multiple **upgrades from analysts**, with price targets raised by firms like Wells Fargo and UBS; the consensus price target is now **$153.23**.
• The company reported an **EPS of $3.36** for the last quarter, exceeding expectations, but noted a **7.4% year-over-year revenue decline**.

Canada Pension Plan Investment Board lifted its stake in shares of D.R. Horton, Inc. (NYSE:DHI - Free Report) by 200.3% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 323,164 shares of the construction company's stock after purchasing an additional 215,536 shares during the period. Canada Pension Plan Investment Board owned about 0.11% of D.R. Horton worth $41,084,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of DHI. Olde Wealth Management LLC bought a new position in shares of D.R. Horton during the first quarter worth about $26,000. Bayforest Capital Ltd lifted its position in shares of D.R. Horton by 340.4% during the first quarter. Bayforest Capital Ltd now owns 251 shares of the construction company's stock worth $32,000 after purchasing an additional 194 shares during the last quarter. Accredited Wealth Management LLC acquired a new stake in D.R. Horton during the first quarter worth about $34,000. Itau Unibanco Holding S.A. acquired a new stake in D.R. Horton during the fourth quarter worth about $43,000. Finally, Alpine Bank Wealth Management acquired a new stake in D.R. Horton during the first quarter worth about $61,000. Institutional investors own 90.63% of the company's stock.

Insider Transactions at D.R. Horton

In other news, Director Michael R. Buchanan sold 2,150 shares of the firm's stock in a transaction on Tuesday, June 24th. The shares were sold at an average price of $127.70, for a total transaction of $274,555.00. Following the transaction, the director owned 2,193 shares in the company, valued at approximately $280,046.10. This trade represents a 49.50% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.54% of the stock is currently owned by insiders.

D.R. Horton Price Performance

Shares of D.R. Horton stock traded up $0.77 on Tuesday, hitting $170.25. The company had a trading volume of 3,264,948 shares, compared to its average volume of 3,541,768. The business has a 50-day simple moving average of $148.64 and a 200-day simple moving average of $132.97. The company has a debt-to-equity ratio of 0.29, a current ratio of 7.06 and a quick ratio of 1.19. The company has a market cap of $50.76 billion, a PE ratio of 13.65, a PEG ratio of 3.60 and a beta of 1.36. D.R. Horton, Inc. has a 52 week low of $110.44 and a 52 week high of $199.85.

D.R. Horton (NYSE:DHI - Get Free Report) last posted its quarterly earnings data 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 business had revenue of $9.23 billion during the quarter, compared to analysts' expectations 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 revenue was down 7.4% on a year-over-year basis. During the same period last year, the firm posted $4.10 earnings per share. D.R. Horton has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. Research analysts expect that D.R. Horton, Inc. will post 13.04 EPS for the current fiscal year.

D.R. Horton Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, August 14th. Shareholders of record on Thursday, August 7th were given 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 presently 12.83%.

Analyst Ratings Changes

Several research firms recently weighed in on DHI. Wall Street Zen upgraded shares of D.R. Horton from a "sell" rating to a "hold" rating in a research note on Sunday, July 20th. Wedbush increased their price objective on shares of D.R. Horton from $155.00 to $170.00 and gave the stock a "neutral" rating in a research note on Wednesday, July 23rd. Royal Bank Of Canada increased their price objective on shares of D.R. Horton from $105.00 to $117.00 and gave the stock an "underperform" rating in a research note on Wednesday, July 23rd. Keefe, Bruyette & Woods increased their price objective on shares of D.R. Horton from $135.00 to $161.00 and gave the stock a "market perform" rating in a research note on Thursday, July 24th. Finally, Wells Fargo & Company increased their price objective on shares of D.R. Horton from $175.00 to $190.00 and gave the stock an "overweight" rating in a research note on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $154.38.

D.R. Horton Company 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.