D.R. Horton, Inc. $DHI Stock: Asset Management One Co. Ltd. Trims Holdings

Key Points

• Asset Management One Co. Ltd. cut its D.R. Horton position by 9.8% in the third quarter, selling 12,487 shares and retaining 115,499 shares valued at approximately $15.8 million. Institutional investors collectively own 90.63% of the company.
• D.R. Horton reported quarterly EPS of $2.67, below the $3.01 consensus estimate, while revenue of $9.37 billion exceeded expectations but declined 3.2% year over year.
• The company raised its quarterly dividend from $0.45 to $0.50 per share, representing a $2.00 annualized payout and a 1.4% yield. Analysts maintain a consensus “Hold” rating with an average price target of $152.60.

Asset Management One Co. Ltd. decreased its position in D.R. Horton, Inc. (NYSE:DHI - Free Report) by 9.8% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 115,499 shares of the construction company's stock after selling 12,487 shares during the quarter. Asset Management One Co. Ltd.'s holdings in D.R. Horton were worth $15,783,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Verdence Capital Advisors LLC increased its holdings in D.R. Horton by 12.7% during the 3rd quarter. Verdence Capital Advisors LLC now owns 18,513 shares of the construction company's stock valued at $2,530,000 after purchasing an additional 2,086 shares in the last quarter. Flagship Harbor Advisors LLC boosted its stake in D.R. Horton by 38.1% in the third quarter. Flagship Harbor Advisors LLC now owns 4,012 shares of the construction company's stock worth $548,000 after purchasing an additional 1,107 shares in the last quarter. Peterson Wealth Services boosted its stake in D.R. Horton by 42.0% in the third quarter. Peterson Wealth Services now owns 1,968 shares of the construction company's stock worth $269,000 after purchasing an additional 582 shares in the last quarter. Viewpoint Investment Partners Corp grew its holdings in shares of D.R. Horton by 92.9% during the third quarter. Viewpoint Investment Partners Corp now owns 2,700 shares of the construction company's stock worth $369,000 after purchasing an additional 1,300 shares during the last quarter. Finally, Provident Investment Management Inc. increased its stake in shares of D.R. Horton by 4,532.5% in the third quarter. Provident Investment Management Inc. now owns 138,558 shares of the construction company's stock valued at $18,934,000 after buying an additional 135,567 shares in the last quarter. Institutional investors own 90.63% of the company's stock.

D.R. Horton Price Performance

NYSE DHI opened at $145.93 on Friday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.04 and a current ratio of 6.01. The stock has a market cap of $40.82 billion, a price-to-earnings ratio of 14.39, a PEG ratio of 2.28 and a beta of 1.35. The business has a 50 day simple moving average of $140.76 and a 200 day simple moving average of $147.70. D.R. Horton, Inc. has a 52-week low of $130.40 and a 52-week high of $170.79.

D.R. Horton (NYSE:DHI - Get Free Report) last posted its quarterly earnings data on Thursday, October 29th. The construction company reported $2.67 EPS for the quarter, missing the consensus estimate of $3.01 by ($0.34). The company had revenue of $9.37 billion during the quarter, compared to the consensus estimate of $9.07 billion. D.R. Horton had a net margin of 8.74% and a return on equity of 11.93%. The company's revenue was down 3.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $3.04 earnings per share. Analysts anticipate that D.R. Horton, Inc. will post 11.35 earnings per share for the current fiscal year.

D.R. Horton Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 19th. Investors of record on Thursday, November 12th will be issued a dividend of $0.50 per share. The ex-dividend date is Thursday, November 12th. This is a positive change from D.R. Horton's previous quarterly dividend of $0.45. This represents a $2.00 annualized dividend and a yield of 1.4%. D.R. Horton's dividend payout ratio is currently 17.13%.

Key Stories Impacting D.R. Horton

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

• Positive Sentiment: D.R. Horton declared a quarterly dividend of $0.50 per share, an 11.1% increase from $0.45, bringing the annualized dividend to $2.00 and signaling continued confidence in cash generation.
• Positive Sentiment: Fourth-quarter revenue reached $9.37 billion, exceeding the $9.07 billion analyst estimate. The company also controls 77% of its lot supply through purchase contracts, which may support future construction flexibility. D.R. Horton: 3 Key Takeaways for Long-Term Investors
• Neutral Sentiment: The company is investing in robotic homebuilding, a potential long-term productivity and cost advantage, although the financial impact is not yet clear. Inside giant homebuilder D.R. Horton's bet on robotic homebuilding
• Negative Sentiment: Fiscal fourth-quarter earnings per share were $2.67, below the $3.01 consensus and down from $3.04 a year earlier. Revenue also declined 3.2% year over year, while a reported $91 million impairment further clouded results. D.R. Horton's Q4 Earnings Miss on Weak Housing Demand, Sales Beat
• Negative Sentiment: Management warned that elevated mortgage rates are weakening demand, increasing cancellations and forcing greater buyer incentives, which is squeezing profitability. Its fiscal 2027 revenue outlook of $30 billion to $32 billion reflects a cautious operating environment. D.R. Horton Profit Down as Mortgage Rates Weigh
• Negative Sentiment: Analysts lowered their valuations: Royal Bank of Canada cut its price target to $114 and maintained an “underperform” rating, while Barclays reduced its target to $125 and kept an “equal weight” rating. The revisions reinforce concerns about earnings and housing demand.

Analysts Set New Price Targets

Several analysts have recently commented on DHI shares. Citigroup decreased their price target on shares of D.R. Horton from $160.00 to $150.00 and set a "neutral" rating on the stock in a research note on Thursday, October 15th. Barclays dropped their price objective on shares of D.R. Horton from $130.00 to $125.00 and set an "equal weight" rating for the company in a research report on Friday. Evercore reduced their price objective on D.R. Horton from $171.00 to $166.00 in a report on Thursday, October 8th. Bank of America decreased their price objective on D.R. Horton from $150.00 to $145.00 in a research report on Wednesday, October 7th. Finally, Weiss Ratings raised D.R. Horton from a "hold (c)" rating to a "hold (c+)" rating in a research note on Thursday, October 15th. Five analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $152.60.

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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