D.R. Horton, Inc. $DHI Shares Sold by Sterling Capital Management LLC

Key Points

• Sterling Capital Management reduced its D.R. Horton position by 7.3% in the third quarter, selling 17,334 shares and retaining 221,233 shares valued at approximately $30.2 million. Institutional investors and hedge funds collectively own 90.63% of the company.
• D.R. Horton shares recently traded at $147.43, near the middle of their 52-week range, while the company’s latest quarterly results exceeded expectations with earnings of $3.20 per share and revenue of $9.23 billion.
• Analyst sentiment is mixed, with five Buy, twelve Hold and two Sell ratings producing an average “Hold” rating and a $156.36 price target. Upcoming earnings and housing-demand trends remain key catalysts, amid potential support from lower mortgage rates and a newly authorized $5 billion share-repurchase program.

Sterling Capital Management LLC decreased its holdings in D.R. Horton, Inc. (NYSE:DHI - Free Report) by 7.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 221,233 shares of the construction company's stock after selling 17,334 shares during the quarter. Sterling Capital Management LLC owned approximately 0.08% of D.R. Horton worth $30,231,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Fiduciary Financial Advisors acquired a new position in D.R. Horton during the 2nd quarter worth about $25,000. Caitlin John LLC acquired a new stake in shares of D.R. Horton in the second quarter valued at about $25,000. Compass Wealth Management LLC acquired a new stake in shares of D.R. Horton in the third quarter valued at about $27,000. Pension & Wealth Management Advisors Inc. acquired a new stake in shares of D.R. Horton in the third quarter valued at about $28,000. Finally, Compass Financial Management LLC bought a new position in shares of D.R. Horton during the second quarter worth about $31,000. 90.63% of the stock is currently owned by institutional investors and hedge funds.

D.R. Horton Trading Down 0.2%

Shares of NYSE:DHI traded down $0.23 during midday trading on Friday, reaching $147.43. The company's stock had a trading volume of 2,656,551 shares, compared to its average volume of 3,118,676. D.R. Horton, Inc. has a fifty-two week low of $130.40 and a fifty-two week high of $170.79. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.04 and a current ratio of 6.43. The firm has a 50 day moving average price of $140.92 and a two-hundred day moving average price of $146.57. The firm has a market capitalization of $41.24 billion, a price-to-earnings ratio of 14.03, a PEG ratio of 2.30 and a beta of 1.35.

D.R. Horton (NYSE:DHI - Get Free Report) last released its earnings results on Tuesday, July 21st. The construction company reported $3.20 EPS for the quarter, topping the consensus estimate of $3.02 by $0.18. The business had revenue of $9.23 billion during the quarter, compared to analysts' expectations of $9.10 billion. D.R. Horton had a return on equity of 12.47% and a net margin of 9.15%. The firm's revenue was up .0% on a year-over-year basis. During the same quarter last year, the firm posted $3.36 earnings per share. As a group, analysts forecast that D.R. Horton, Inc. will post 10.43 earnings per share for the current year.

D.R. Horton News Roundup

Here are the key news stories impacting D.R. Horton this week:

• Positive Sentiment: Homebuilder sentiment has improved as mortgage rates and longer-term Treasury yields have eased, potentially supporting housing affordability and future demand. Investors may also be positioning ahead of D.R. Horton’s October 29 earnings release. D.R. Horton Shares Climb as Lower Rates Lift Homebuilders Ahead of Earnings
• Positive Sentiment: D.R. Horton’s board authorized an additional $5 billion in share repurchases, with fiscal 2026 buybacks expected to total at least $3.25 billion. The capital-return program may provide ongoing support for the shares.
• Neutral Sentiment: Stonex Financia maintained a “Hold” rating while forecasting earnings of $10.46 per share for fiscal 2026, $10.75 for fiscal 2027 and $13.27 for fiscal 2028. The estimates imply longer-term earnings growth, but the unchanged rating signals limited near-term conviction.
• Neutral Sentiment: Analysts expect D.R. Horton to report quarterly earnings on October 29, making results on orders, margins, deliveries and management guidance the next major catalyst. D.R. Horton Expected to Post Quarterly Earnings on Thursday
• Negative Sentiment: D.R. Horton reportedly cut its 2026 outlook after missing sales expectations, raising concerns about demand, pricing and profitability in a still-constrained housing market. D.R. Horton Cuts 2026 Outlook Following Sales Miss While Undervalued Narrative Holds
• Negative Sentiment: Pre-earnings analysis expects a decline in quarterly earnings and indicates D.R. Horton lacks the usual signals associated with a likely earnings beat, increasing downside risk if results or guidance disappoint. Analysts Estimate D.R. Horton to Report a Decline in Earnings

Analyst Ratings Changes

A number of equities analysts recently commented on the company. The Goldman Sachs Group reaffirmed a "buy" rating and issued a $182.00 price objective on shares of D.R. Horton in a research note on Monday, October 12th. Truist Financial lowered their price target on shares of D.R. Horton from $150.00 to $140.00 and set a "hold" rating for the company in a report on Wednesday, September 16th. Morgan Stanley assumed coverage on shares of D.R. Horton in a report on Thursday, October 1st. They set an "equal weight" rating and a $151.00 price target for the company. Zelman & Associates upgraded shares of D.R. Horton from a "neutral" rating to an "outperform" rating in a research report on Tuesday, July 7th. Finally, Barclays reduced their price objective on shares of D.R. Horton from $141.00 to $130.00 and set an "equal weight" rating on the stock in a research note on Tuesday, October 6th. Five investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Hold" and an average price target of $156.36.

D.R. Horton Profile

D.R. Horton, Inc is a residential construction company that builds and sells single-family detached and attached homes in the United States. Its offerings include entry-level, move-up, luxury and active-adult housing, serving a range of homebuyers through brands such as D.R. Horton, Express Homes, Emerald Homes and Freedom Homes.

The company's operations also include land acquisition and development, home financing and title services. Through subsidiaries and affiliated businesses, D.R.

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