D.R. Horton, Inc. (NYSE:DHI) Shares Sold by Lodestone Wealth Management LLC

Lodestone Wealth Management LLC lessened its holdings in shares of D.R. Horton, Inc. (NYSE:DHI - Free Report) by 14.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 15,361 shares of the construction company's stock after selling 2,565 shares during the quarter. Lodestone Wealth Management LLC's holdings in D.R. Horton were worth $2,028,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Geode Capital Management LLC boosted its position in shares of D.R. Horton by 1.8% during the 4th quarter. Geode Capital Management LLC now owns 7,235,518 shares of the construction company's stock valued at $1,009,077,000 after acquiring an additional 127,606 shares during the last quarter. Norges Bank acquired a new position in shares of D.R. Horton during the 4th quarter valued at about $593,363,000. Franklin Resources Inc. boosted its position in shares of D.R. Horton by 71.5% during the 4th quarter. Franklin Resources Inc. now owns 3,574,409 shares of the construction company's stock valued at $499,774,000 after acquiring an additional 1,490,648 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in D.R. Horton by 2.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 3,475,995 shares of the construction company's stock valued at $485,984,000 after buying an additional 72,161 shares during the period. Finally, Northern Trust Corp raised its holdings in D.R. Horton by 15.8% in the 4th quarter. Northern Trust Corp now owns 3,375,050 shares of the construction company's stock valued at $471,899,000 after buying an additional 460,804 shares during the period. Institutional investors and hedge funds own 90.63% of the company's stock.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the stock. Keefe, Bruyette & Woods reduced their price objective on shares of D.R. Horton from $165.00 to $135.00 and set a "market perform" rating on the stock in a report on Tuesday, April 22nd. Royal Bank Of Canada reduced their price objective on shares of D.R. Horton from $125.00 to $105.00 and set an "underperform" rating on the stock in a report on Monday, April 21st. Wells Fargo & Company cut their price target on shares of D.R. Horton from $175.00 to $160.00 and set an "overweight" rating on the stock in a research note on Monday, April 14th. JPMorgan Chase & Co. cut their price target on shares of 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. Finally, Bank of America cut their price target on shares of 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 Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating, six have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $151.15.

Insider Buying and Selling

In other D.R. Horton news, Director Michael R. Buchanan sold 2,150 shares of the stock in a transaction that occurred on Tuesday, June 24th. The shares were sold at an average price of $127.70, for a total value of $274,555.00. Following the transaction, the director directly owned 2,193 shares in the company, valued at $280,046.10. This represents a 49.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.54% of the stock is owned by corporate insiders.

D.R. Horton Stock Down 2.6%

Shares of DHI stock traded down $3.53 during trading hours on Friday, reaching $132.08. 3,428,397 shares of the stock were exchanged, compared to its average volume of 3,123,490. The business's fifty day moving average is $124.00 and its two-hundred day moving average is $129.57. The company has a debt-to-equity ratio of 0.26, a current ratio of 7.29 and a quick ratio of 1.15. D.R. Horton, Inc. has a 12-month low of $110.44 and a 12-month high of $199.85. The firm has a market capitalization of $40.57 billion, a P/E ratio of 10.00, a P/E/G ratio of 4.24 and a beta of 1.38.

D.R. Horton (NYSE:DHI - Get Free Report) last released its earnings results 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). D.R. Horton had a return on equity of 16.95% and a net margin of 12.15%. The firm had revenue of $7.73 billion for the quarter, compared to analysts' expectations of $8.07 billion. During the same quarter in the previous year, the company posted $3.52 earnings per share. As a group, research analysts expect that D.R. Horton, Inc. will post 13.04 EPS for the current fiscal year.

D.R. Horton Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 9th. Shareholders of record on Friday, May 2nd were paid a $0.40 dividend. The ex-dividend date of this dividend was Friday, May 2nd. This represents a $1.60 annualized dividend and a yield of 1.21%. D.R. Horton's dividend payout ratio is currently 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.