CW Advisors LLC Increases Holdings in D.R. Horton, Inc. $DHI

Key Points

• CW Advisors LLC increased its position in D.R. Horton by 79.3%, owning 18,551 shares worth approximately $2.36 million following additional purchases in the first quarter.
• Analysts have raised target prices for D.R. Horton shares, with Wells Fargo setting it at $175.00 and UBS at $187.00, indicating a strong overall market interest.
• D.R. Horton reported a quarterly earnings per share (EPS) of $3.36, surpassing estimates, despite a 7.4% revenue decline year-over-year.

CW Advisors LLC boosted its position in shares of D.R. Horton, Inc. (NYSE:DHI - Free Report) by 79.3% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 18,551 shares of the construction company's stock after acquiring an additional 8,204 shares during the quarter. CW Advisors LLC's holdings in D.R. Horton were worth $2,361,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Horizon Investments LLC lifted its stake in shares of D.R. Horton by 1.5% during the 1st quarter. Horizon Investments LLC now owns 5,586 shares of the construction company's stock worth $708,000 after acquiring an additional 83 shares during the last quarter. Azzad Asset Management Inc. ADV lifted its holdings in shares of D.R. Horton by 1.0% in the 4th quarter. Azzad Asset Management Inc. ADV now owns 8,732 shares of the construction company's stock worth $1,221,000 after buying an additional 89 shares during the period. Aptus Capital Advisors LLC lifted its holdings in shares of 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 worth $446,000 after buying an additional 98 shares during the period. Sheaff Brock Investment Advisors LLC lifted its holdings in shares of D.R. Horton by 2.7% in the 1st quarter. Sheaff Brock Investment Advisors LLC now owns 3,696 shares of the construction company's stock worth $470,000 after buying an additional 98 shares during the period. Finally, Continuum Advisory LLC lifted its holdings in shares of D.R. Horton by 25.8% in the 4th quarter. Continuum Advisory LLC now owns 487 shares of the construction company's stock worth $68,000 after buying an additional 100 shares during the period. Hedge funds and other institutional investors own 90.63% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on DHI. Keefe, Bruyette & Woods upped their price objective on D.R. Horton from $135.00 to $161.00 and gave the stock a "market perform" rating in a research note on Thursday, July 24th. Wells Fargo & Company upped their target price on D.R. Horton from $160.00 to $175.00 and gave the company an "overweight" rating in a research report on Wednesday, July 23rd. Wall Street Zen raised D.R. Horton from a "sell" rating to a "hold" rating in a report on Sunday, July 20th. Wedbush increased their price target on shares of D.R. Horton from $155.00 to $170.00 and gave the stock a "neutral" rating in a report on Wednesday, July 23rd. Finally, UBS Group increased their price target on shares of D.R. Horton from $176.00 to $187.00 and gave the stock a "buy" rating in a report on Wednesday, July 23rd. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat, D.R. Horton has an average rating of "Hold" and a consensus target price of $153.23.

D.R. Horton Price Performance

Shares of NYSE:DHI traded up $1.48 during midday trading on Thursday, hitting $168.98. The company had a trading volume of 2,539,008 shares, compared to its average volume of 3,813,798. D.R. Horton, Inc. has a twelve month low of $110.44 and a twelve month high of $199.85. 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 stock has a market cap of $50.37 billion, a price-to-earnings ratio of 13.55, a price-to-earnings-growth ratio of 3.58 and a beta of 1.34. The business's 50-day simple moving average is $145.15 and its 200-day simple moving average is $131.84.

D.R. Horton (NYSE:DHI - Get Free Report) last announced its earnings results on Tuesday, July 22nd. The construction company reported $3.36 earnings per share for the quarter, topping the consensus estimate of $2.90 by $0.46. D.R. Horton had a net margin of 11.46% and a return on equity of 15.74%. The company had revenue of $9.23 billion during the quarter, compared to analyst estimates of $8.80 billion. During the same quarter last year, the firm posted $4.10 earnings per share. D.R. Horton's revenue was down 7.4% compared to the same quarter last year. D.R. Horton has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. On average, 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 announced a quarterly dividend, which was paid on Thursday, August 14th. Investors of record on Thursday, August 7th were issued a $0.40 dividend. The ex-dividend date was Thursday, August 7th. This represents a $1.60 dividend on an annualized basis and a yield of 0.9%. D.R. Horton's dividend payout ratio (DPR) is 12.83%.

Insider Transactions at D.R. Horton

In other D.R. Horton news, Director Michael R. Buchanan sold 2,150 shares of D.R. Horton stock in a transaction dated Tuesday, June 24th. The stock was sold at an average price of $127.70, for a total transaction 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. The trade was a 49.50% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.54% of the company's stock.

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.