Childress Capital Advisors LLC Makes New $217,000 Investment in D.R. Horton, Inc. $DHI

Key Points

• Childress Capital Advisors LLC made a new investment of $217,000 in D.R. Horton by acquiring 1,683 shares in the second quarter.
• D.R. Horton recently reported earnings of $3.36 per share, exceeding estimates and showing a revenue of $9.23 billion, despite a 7.4% decline compared to the same quarter last year.
• Analysts have adjusted the price target for D.R. Horton, with price increases from firms like Bank of America and Citigroup, reflecting a consensus target price of $160.00.

Childress Capital Advisors LLC purchased a new position in shares of D.R. Horton, Inc. (NYSE:DHI - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 1,683 shares of the construction company's stock, valued at approximately $217,000.

Other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. grew its stake in shares of 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 purchasing an additional 642,642 shares during the period. Dimensional Fund Advisors LP grew its stake in shares of D.R. Horton by 1.0% during the 1st 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 during the period. Invesco Ltd. grew its stake in shares of D.R. Horton by 23.1% during the 1st 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 during the period. Amundi grew its stake in shares of D.R. Horton by 60.2% during the 1st quarter. Amundi now owns 2,176,211 shares of the construction company's stock worth $266,811,000 after purchasing an additional 817,998 shares during the period. Finally, Allspring Global Investments Holdings LLC grew its stake in D.R. Horton by 652.0% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 1,981,609 shares of the construction company's stock valued at $252,477,000 after acquiring an additional 1,718,094 shares during the period. 90.63% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the stock. Wall Street Zen raised shares of D.R. Horton from a "sell" rating to a "hold" rating in a research note on Sunday, July 20th. Bank of America lifted their price target on shares of D.R. Horton from $155.00 to $175.00 and gave the company a "neutral" rating in a research note on Thursday, September 18th. Wedbush lifted their price target on shares of D.R. Horton from $155.00 to $170.00 and gave the company a "neutral" rating in a research note on Wednesday, July 23rd. Citigroup lifted their price target on shares of D.R. Horton from $162.00 to $175.00 and gave the company a "neutral" rating in a research note on Wednesday. Finally, Keefe, Bruyette & Woods lifted their price target on shares of D.R. Horton from $135.00 to $161.00 and gave the company a "market perform" rating in a research note on Thursday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat.com, D.R. Horton presently has a consensus rating of "Hold" and a consensus target price of $160.00.

D.R. Horton Price Performance

D.R. Horton stock opened at $172.47 on Thursday. D.R. Horton, Inc. has a 12 month low of $110.44 and a 12 month high of $195.50. 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 business has a 50 day simple moving average of $164.73 and a 200-day simple moving average of $139.25. The stock has a market capitalization of $51.42 billion, a PE ratio of 13.83, a price-to-earnings-growth ratio of 3.59 and a beta of 1.40.

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

D.R. Horton Announces Dividend

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

Insider Activity at D.R. Horton

In other D.R. Horton news, SVP Aron M. Odom sold 1,376 shares of the firm's stock in a transaction dated Friday, September 5th. The stock was sold at an average price of $183.00, for a total value of $251,808.00. Following the sale, the senior vice president directly owned 6,457 shares of the company's stock, valued at approximately $1,181,631. This trade represents a 17.57% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Chairman David V. Auld sold 30,000 shares of the firm's stock in a transaction dated Friday, September 5th. The stock was sold at an average price of $182.21, for a total value of $5,466,300.00. Following the completion of the sale, the chairman directly owned 815,672 shares in the company, valued at approximately $148,623,595.12. The trade was a 3.55% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 32,376 shares of company stock valued at $5,898,848 over the last quarter. 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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