D.R. Horton, Inc. (NYSE:DHI) Stock Holdings Increased by Cwm LLC

CWM LLC increased its position in shares of D.R. Horton, Inc. (NYSE:DHI - Free Report) by 71.1% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 20,133 shares of the construction company's stock after purchasing an additional 8,366 shares during the quarter. CWM LLC's holdings in D.R. Horton were worth $2,560,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. Geode Capital Management LLC boosted its stake in D.R. Horton by 1.8% during the fourth quarter. Geode Capital Management LLC now owns 7,235,518 shares of the construction company's stock worth $1,009,077,000 after buying an additional 127,606 shares during the last quarter. Norges Bank acquired a new position in D.R. Horton during the fourth quarter worth $593,363,000. Franklin Resources Inc. boosted its stake in D.R. Horton by 71.5% during the fourth quarter. Franklin Resources Inc. now owns 3,574,409 shares of the construction company's stock worth $499,774,000 after buying an additional 1,490,648 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in D.R. Horton by 2.1% during the fourth quarter. Dimensional Fund Advisors LP now owns 3,475,995 shares of the construction company's stock worth $485,984,000 after buying an additional 72,161 shares during the last quarter. Finally, Northern Trust Corp boosted its stake in D.R. Horton by 15.8% during the fourth quarter. Northern Trust Corp now owns 3,375,050 shares of the construction company's stock worth $471,899,000 after buying an additional 460,804 shares during the last quarter. 90.63% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

DHI has been the topic of several recent analyst reports. Bank of America decreased their price target on D.R. Horton from $150.00 to $125.00 and set a "neutral" rating on the stock in a research note on Thursday, April 17th. Softer demand and elevated incentives impacting outlook through H2 2025 Wall Street Zen raised D.R. Horton from a "sell" rating to a "hold" rating in a research note on Sunday. BTIG Research decreased their price target on 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. JMP Securities decreased their price target on D.R. Horton from $210.00 to $180.00 and set a "market outperform" rating on the stock in a research note on Monday, April 21st. Finally, JPMorgan Chase & Co. decreased their price target on D.R. Horton from $132.00 to $111.00 and set an "underweight" rating on the stock in a research note on Monday, April 21st. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, D.R. Horton currently has a consensus rating of "Hold" and a consensus target price of $151.15.

Insider Buying and Selling at D.R. Horton

In other news, Director Michael R. Buchanan sold 2,150 shares of the business's stock in a transaction 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 transaction, the director directly owned 2,193 shares of the company's stock, valued at $280,046.10. The trade was a 49.50% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.54% of the stock is currently owned by company insiders.

D.R. Horton Stock Performance

Shares of NYSE DHI traded up $0.21 during trading hours on Friday, reaching $131.86. The stock had a trading volume of 5,125,531 shares, compared to its average volume of 3,159,151. D.R. Horton, Inc. has a fifty-two week low of $110.44 and a fifty-two week high of $199.85. The firm has a 50-day moving average of $126.01 and a 200-day moving average of $128.95. The company has a current ratio of 7.29, a quick ratio of 1.15 and a debt-to-equity ratio of 0.26. The firm has a market cap of $40.50 billion, a price-to-earnings ratio of 9.98, a PEG ratio of 4.12 and a beta of 1.38.

D.R. Horton (NYSE:DHI - Get Free Report) last posted its quarterly earnings data on Thursday, April 17th. The construction company reported $2.58 earnings per share for the quarter, missing analysts' consensus estimates of $2.69 by ($0.11). The company had revenue of $7.73 billion for the quarter, compared to analyst estimates of $8.07 billion. D.R. Horton had a return on equity of 16.95% and a net margin of 12.15%. During the same period in the previous year, the business posted $3.52 earnings per share. Equities research 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 declared a quarterly dividend, which was paid on Friday, May 9th. Stockholders of record on Friday, May 2nd were issued a $0.40 dividend. The ex-dividend date of this dividend was Friday, May 2nd. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.21%. D.R. Horton's dividend payout ratio (DPR) is 12.11%.

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.