Brandywine Global Investment Management LLC Boosts Holdings in D.R. Horton, Inc. $DHI

Key Points

• Brandywine Global Investment Management LLC increased its stake in D.R. Horton by 4.9% in the first quarter, now owning approximately 0.08% of the company valued at $30.5 million.
• D.R. Horton reported $3.36 EPS for the quarter, surpassing analysts' estimates of $2.90, with a revenue of $9.23 billion that was down 7.4% from the previous year.
• The company recently declared a quarterly dividend of $0.40 per share, yielding 1.0%, with a dividend payout ratio of 12.83%.

Brandywine Global Investment Management LLC grew its holdings in shares of D.R. Horton, Inc. (NYSE:DHI - Free Report) by 4.9% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 240,041 shares of the construction company's stock after purchasing an additional 11,147 shares during the period. Brandywine Global Investment Management LLC owned about 0.08% of D.R. Horton worth $30,516,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Horizon Investments LLC lifted its position in shares of D.R. Horton by 1.5% during the first quarter. Horizon Investments LLC now owns 5,586 shares of the construction company's stock valued at $708,000 after purchasing an additional 83 shares in the last quarter. Azzad Asset Management Inc. ADV lifted its position in shares of D.R. Horton by 1.0% during the fourth quarter. Azzad Asset Management Inc. ADV now owns 8,732 shares of the construction company's stock valued at $1,221,000 after purchasing an additional 89 shares in the last quarter. Aptus Capital Advisors LLC lifted its position in shares of D.R. Horton by 3.2% during the fourth quarter. Aptus Capital Advisors LLC now owns 3,190 shares of the construction company's stock valued at $446,000 after purchasing an additional 98 shares in the last quarter. Sheaff Brock Investment Advisors LLC lifted its position in shares of D.R. Horton by 2.7% during the first quarter. Sheaff Brock Investment Advisors LLC now owns 3,696 shares of the construction company's stock valued at $470,000 after purchasing an additional 98 shares in the last quarter. Finally, Continuum Advisory LLC lifted its position in shares of D.R. Horton by 25.8% during the fourth 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 and hedge funds own 90.63% of the company's stock.

Insider Buying and Selling

In other D.R. Horton news, Director Michael R. Buchanan sold 2,150 shares of the firm's stock in a transaction that occurred on Tuesday, June 24th. The shares were sold at an average price of $127.70, for a total transaction of $274,555.00. Following the sale, the director owned 2,193 shares in the company, valued at approximately $280,046.10. This trade represents a 49.50% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.54% of the company's stock.

D.R. Horton Trading Down 2.6%

NYSE DHI traded down $4.2240 during trading on Thursday, hitting $159.1460. The company had a trading volume of 1,884,359 shares, compared to its average volume of 3,800,458. The company has a current ratio of 7.06, a quick ratio of 1.19 and a debt-to-equity ratio of 0.29. D.R. Horton, Inc. has a one year low of $110.44 and a one year high of $199.85. The company has a market cap of $47.44 billion, a price-to-earnings ratio of 12.75, a price-to-earnings-growth ratio of 3.56 and a beta of 1.34. The company's fifty day moving average is $140.67 and its 200-day moving average is $130.76.

D.R. Horton (NYSE:DHI - Get Free Report) last issued its quarterly earnings data on Tuesday, July 22nd. The construction company reported $3.36 EPS for the quarter, topping the consensus estimate of $2.90 by $0.46. The business had revenue of $9.23 billion during the quarter, compared to analyst estimates of $8.80 billion. D.R. Horton had a net margin of 11.46% and a return on equity of 15.74%. The company's revenue for the quarter was down 7.4% on a year-over-year basis. During the same period in the prior year, the business earned $4.10 EPS. D.R. Horton has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. On average, sell-side analysts predict that D.R. Horton, Inc. will post 13.04 earnings per share for the current year.

D.R. Horton Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 14th. Stockholders of record on Thursday, August 7th were paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Thursday, August 7th. D.R. Horton's dividend payout ratio is 12.83%.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on DHI shares. Royal Bank Of Canada raised their price target on shares of D.R. Horton from $105.00 to $117.00 and gave the company an "underperform" rating in a research report on Wednesday, July 23rd. Keefe, Bruyette & Woods raised their price target on shares of D.R. Horton from $135.00 to $161.00 and gave the company a "market perform" rating in a research report on Thursday, July 24th. Wedbush raised their price target on shares of D.R. Horton from $155.00 to $170.00 and gave the company a "neutral" rating in a research report on Wednesday, July 23rd. UBS Group lifted their price objective on shares of D.R. Horton from $176.00 to $187.00 and gave the stock a "buy" rating in a research report on Wednesday, July 23rd. Finally, Wells Fargo & Company lifted their price objective on shares of D.R. Horton from $160.00 to $175.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $153.23.

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.