D.R. Horton, Inc. (NYSE:DHI) Shares Sold by CapWealth Advisors LLC

CapWealth Advisors LLC decreased its stake in D.R. Horton, Inc. (NYSE:DHI - Free Report) by 1.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 160,847 shares of the construction company's stock after selling 2,630 shares during the period. D.R. Horton comprises about 2.2% of CapWealth Advisors LLC's holdings, making the stock its 18th largest holding. CapWealth Advisors LLC owned about 0.05% of D.R. Horton worth $20,448,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Exchange Traded Concepts LLC increased its position in shares of D.R. Horton by 25.0% during the first quarter. Exchange Traded Concepts LLC now owns 2,555 shares of the construction company's stock worth $325,000 after buying an additional 511 shares during the period. Bank Pictet & Cie Europe AG grew its holdings in D.R. Horton by 1.6% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 319,166 shares of the construction company's stock worth $44,626,000 after purchasing an additional 5,052 shares during the period. OneAscent Financial Services LLC lifted its stake in shares of D.R. Horton by 21.2% in the fourth quarter. OneAscent Financial Services LLC now owns 3,325 shares of the construction company's stock valued at $465,000 after buying an additional 582 shares in the last quarter. Ritholtz Wealth Management lifted its stake in shares of D.R. Horton by 6.5% in the first quarter. Ritholtz Wealth Management now owns 2,124 shares of the construction company's stock valued at $270,000 after buying an additional 129 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. lifted its stake in shares of D.R. Horton by 34.7% in the first quarter. Robeco Institutional Asset Management B.V. now owns 46,215 shares of the construction company's stock valued at $5,875,000 after buying an additional 11,905 shares in the last quarter. Institutional investors own 90.63% of the company's stock.

D.R. Horton Trading Up 5.8%

Shares of NYSE:DHI traded up $7.58 on Wednesday, hitting $138.95. The company had a trading volume of 5,720,466 shares, compared to its average volume of 3,150,059. D.R. Horton, Inc. has a 1 year low of $110.44 and a 1 year high of $199.85. The firm has a market capitalization of $42.68 billion, a price-to-earnings ratio of 10.52, a P/E/G ratio of 4.10 and a beta of 1.38. The firm's 50-day simple moving average is $124.40 and its two-hundred day simple moving average is $129.28. The company has a quick ratio of 1.15, a current ratio of 7.29 and a debt-to-equity ratio of 0.26.

D.R. Horton (NYSE:DHI - Get Free Report) last announced its quarterly earnings results on Thursday, April 17th. The construction company reported $2.58 earnings per share for the quarter, missing the consensus estimate of $2.69 by ($0.11). The firm had revenue of $7.73 billion for the quarter, compared to the consensus estimate of $8.07 billion. D.R. Horton had a net margin of 12.15% and a return on equity of 16.95%. During the same period last year, the business earned $3.52 EPS. Equities analysts anticipate that D.R. Horton, Inc. will post 13.04 earnings per share for the current fiscal year.

D.R. Horton Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 9th. Investors of record on Friday, May 2nd were paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.15%. The ex-dividend date of this dividend was Friday, May 2nd. D.R. Horton's dividend payout ratio (DPR) is 12.11%.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. JMP Securities dropped their price target on shares of D.R. Horton from $210.00 to $180.00 and set a "market outperform" rating on the stock in a research report on Monday, April 21st. Royal Bank Of Canada reduced their target price on shares of D.R. Horton from $125.00 to $105.00 and set an "underperform" rating for the company in a research note on Monday, April 21st. Wells Fargo & Company reduced their price objective on shares of D.R. Horton from $175.00 to $160.00 and set an "overweight" rating for the company in a research note on Monday, April 14th. BTIG Research reduced their price objective on shares of D.R. Horton from $171.00 to $150.00 and set a "buy" rating for the company in a research note on Wednesday, April 16th. Their comments are based on a broader research note on Homebuilders ahead of the industry’s start of the earnings season. The firm is projecting a 7% decline in U.S. new home sales and a 27% average decline in earnings due to lower consumer confidence as a result of heightened uncertainty about the future in terms of both income/job security and cost of living along with still-relatively high interest rates. Finally, Bank of America cut their price target on shares of D.R. Horton from $150.00 to $125.00 and set a "neutral" rating for the company in a research note on Thursday, April 17th. Softer demand and elevated incentives impacting outlook through H2 2025 Two analysts have rated the stock with a sell rating, seven have given a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $151.15.

Insider Buying and Selling

In other 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 transaction of $274,555.00. Following the sale, the director directly 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 can be accessed through the SEC website. 0.54% of the stock is currently owned by insiders.

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.