4,477 Shares in D.R. Horton, Inc. (NYSE:DHI) Bought by Copperwynd Financial LLC

Copperwynd Financial LLC bought a new position in shares of D.R. Horton, Inc. (NYSE:DHI - Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 4,477 shares of the construction company's stock, valued at approximately $569,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Nemes Rush Group LLC raised its position in shares of D.R. Horton by 74.5% in the 4th quarter. Nemes Rush Group LLC now owns 192 shares of the construction company's stock valued at $27,000 after purchasing an additional 82 shares during the last quarter. Azzad Asset Management Inc. ADV grew its stake in shares of D.R. Horton by 1.0% during the 4th quarter. Azzad Asset Management Inc. ADV now owns 8,732 shares of the construction company's stock worth $1,221,000 after purchasing an additional 89 shares during the period. Blair William & Co. IL grew its stake in D.R. Horton by 0.3% in the 4th quarter. Blair William & Co. IL now owns 36,782 shares of the construction company's stock valued at $5,143,000 after acquiring an additional 95 shares during the period. Aptus Capital Advisors LLC grew its stake in D.R. Horton by 3.2% in the 4th quarter. Aptus Capital Advisors LLC now owns 3,190 shares of the construction company's stock valued at $446,000 after acquiring an additional 98 shares during the period. Finally, Continuum Advisory LLC lifted its holdings in D.R. Horton by 25.8% in the 4th quarter. Continuum Advisory LLC now owns 487 shares of the construction company's stock valued at $68,000 after purchasing an additional 100 shares in the last quarter. Institutional investors own 90.63% of the company's stock.

Analyst Upgrades and Downgrades

DHI has been the topic of several research analyst reports. Bank of America reduced their price objective on shares of D.R. Horton from $150.00 to $125.00 and set a "neutral" rating on the stock in a report on Thursday, April 17th. Softer demand and elevated incentives impacting outlook through H2 2025 BTIG Research cut their price target on shares of D.R. Horton from $171.00 to $150.00 and set a "buy" rating on the stock 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. Wall Street Zen lowered shares of D.R. Horton from a "hold" rating to a "sell" rating in a research note on Saturday, July 12th. Barclays cut their price target on shares of D.R. Horton from $120.00 to $110.00 and set an "equal weight" rating on the stock in a research note on Monday, April 21st. Finally, Royal Bank Of Canada cut their price target on shares of D.R. Horton from $125.00 to $105.00 and set an "underperform" rating on the stock in a research note on Monday, April 21st. Three research analysts have rated the stock with a sell rating, six have assigned a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $151.15.

Insider Buying and Selling at D.R. Horton

In other news, Director Michael R. Buchanan sold 2,150 shares of the firm's stock in a transaction that occurred on Tuesday, June 24th. The stock was sold at an average price of $127.70, for a total value of $274,555.00. Following the completion of the sale, the director directly owned 2,193 shares of the company's stock, valued at $280,046.10. This trade represents a 49.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 0.54% of the stock is owned by corporate insiders.

D.R. Horton Stock Performance

Shares of NYSE:DHI traded up $0.21 during trading on Friday, hitting $131.86. 5,125,531 shares of the stock were exchanged, compared to its average volume of 3,159,151. The company's fifty day simple moving average is $126.01 and its 200-day simple moving average is $128.95. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.15 and a current ratio of 7.29. The company has a market capitalization of $40.50 billion, a price-to-earnings ratio of 9.98, a price-to-earnings-growth ratio of 4.12 and a beta of 1.38. D.R. Horton, Inc. has a 1-year low of $110.44 and a 1-year high of $199.85.

D.R. Horton (NYSE:DHI - Get Free Report) last issued its quarterly earnings data on Thursday, April 17th. The construction company reported $2.58 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.69 by ($0.11). The business had revenue of $7.73 billion during 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 quarter in the previous year, the firm posted $3.52 EPS. Sell-side analysts expect that D.R. Horton, Inc. will post 13.04 EPS for the current fiscal year.

D.R. Horton Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 9th. Stockholders of record on Friday, May 2nd were given a dividend of $0.40 per share. The ex-dividend date was Friday, May 2nd. This represents a $1.60 annualized dividend and a dividend yield of 1.21%. D.R. Horton's dividend payout ratio is currently 12.11%.

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.