Clarius Group LLC Invests $232,000 in D.R. Horton, Inc. $DHI

Key Points

• Clarius Group LLC invested $232,000 in D.R. Horton, acquiring 1,797 shares of the construction company during the second quarter.
• D.R. Horton reported $3.36 EPS for the last quarter, exceeding the consensus estimate by $0.46, with a revenue of $9.23 billion, though down 7.4% year-over-year.
• The company announced a quarterly dividend of $0.40 per share, representing a 1.0% yield, and has a dividend payout ratio of 12.83%.

Clarius Group LLC acquired a new position in shares of D.R. Horton, Inc. (NYSE:DHI - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 1,797 shares of the construction company's stock, valued at approximately $232,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in DHI. Olde Wealth Management LLC bought a new position in shares of D.R. Horton during the 1st quarter worth about $26,000. Bayforest Capital Ltd boosted its position in shares of D.R. Horton by 340.4% during the 1st quarter. Bayforest Capital Ltd now owns 251 shares of the construction company's stock worth $32,000 after purchasing an additional 194 shares in the last quarter. Accredited Wealth Management LLC bought a new position in shares of D.R. Horton during the 1st quarter worth about $34,000. Ransom Advisory Ltd bought a new position in shares of D.R. Horton during the 1st quarter worth about $51,000. Finally, Adirondack Trust Co. boosted its position in shares of D.R. Horton by 53.2% during the 2nd quarter. Adirondack Trust Co. now owns 406 shares of the construction company's stock worth $52,000 after purchasing an additional 141 shares in the last quarter. Institutional investors own 90.63% of the company's stock.

D.R. Horton Trading Down 6.0%

NYSE:DHI opened at $161.23 on Wednesday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.19 and a current ratio of 7.06. The firm has a market cap of $48.07 billion, a price-to-earnings ratio of 12.93, a price-to-earnings-growth ratio of 3.56 and a beta of 1.40. D.R. Horton, Inc. has a 52 week low of $110.44 and a 52 week high of $195.50. The firm has a 50-day moving average price of $166.63 and a two-hundred day moving average price of $140.45.

D.R. Horton (NYSE:DHI - Get Free Report) last posted its quarterly earnings data on Tuesday, July 22nd. The construction company reported $3.36 EPS for the quarter, beating the consensus estimate of $2.90 by $0.46. The firm had revenue of $9.23 billion during 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 for the quarter was down 7.4% on a year-over-year basis. During the same quarter last year, the business posted $4.10 EPS. D.R. Horton has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. On average, equities analysts expect 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 disclosed a quarterly dividend, which was paid on Thursday, August 14th. Shareholders 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 annualized dividend and a yield of 1.0%. D.R. Horton's dividend payout ratio (DPR) is 12.83%.

Insider Buying and Selling at D.R. Horton

In other news, Chairman David V. Auld sold 30,000 shares of the firm's stock in a transaction that occurred on Friday, September 5th. The shares were sold at an average price of $182.21, for a total transaction of $5,466,300.00. Following the completion of the sale, the chairman owned 815,672 shares in the company, valued at $148,623,595.12. This trade represents a 3.55% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Aron M. Odom sold 1,376 shares of the firm's stock in a transaction that occurred on Friday, September 5th. The stock was sold at an average price of $183.00, for a total transaction of $251,808.00. Following the sale, the senior vice president owned 6,457 shares of the company's stock, valued at approximately $1,181,631. The trade was a 17.57% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 32,376 shares of company stock worth $5,898,848. Insiders own 0.54% of the company's stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. Evercore ISI set a $169.00 price target on shares of D.R. Horton and gave the company an "in-line" rating in a research report on Tuesday. Royal Bank Of Canada raised their price target on shares of D.R. Horton from $105.00 to $117.00 and gave the company an "underperform" rating in a research report on Wednesday, July 23rd. Wedbush raised 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 report on Wednesday, July 23rd. Citigroup raised 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 report on Wednesday, October 1st. Finally, Keefe, Bruyette & Woods raised 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 report on Thursday, July 24th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, eight have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $157.31.

About D.R. Horton

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.