D.R. Horton, Inc. (NYSE:DHI) Holdings Raised by IFM Investors Pty Ltd

IFM Investors Pty Ltd raised its holdings in shares of D.R. Horton, Inc. (NYSE:DHI - Free Report) by 9.2% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 61,165 shares of the construction company's stock after acquiring an additional 5,146 shares during the quarter. IFM Investors Pty Ltd's holdings in D.R. Horton were worth $7,776,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. OneDigital Investment Advisors LLC raised its stake in D.R. Horton by 5.4% in the 1st quarter. OneDigital Investment Advisors LLC now owns 7,960 shares of the construction company's stock valued at $1,012,000 after purchasing an additional 408 shares during the last quarter. Calamos Advisors LLC grew its holdings in D.R. Horton by 1.1% in the 1st quarter. Calamos Advisors LLC now owns 160,188 shares of the construction company's stock valued at $20,365,000 after buying an additional 1,784 shares during the period. Sitrin Capital Management LLC increased its position in D.R. Horton by 0.4% during the first quarter. Sitrin Capital Management LLC now owns 32,910 shares of the construction company's stock worth $4,184,000 after purchasing an additional 128 shares during the last quarter. D.A. Davidson & CO. boosted its holdings in shares of D.R. Horton by 6.8% in the 1st quarter. D.A. Davidson & CO. now owns 79,730 shares of the construction company's stock valued at $10,136,000 after purchasing an additional 5,066 shares during the last quarter. Finally, Mutual Advisors LLC grew its stake in shares of D.R. Horton by 16.7% during the 1st quarter. Mutual Advisors LLC now owns 1,669 shares of the construction company's stock valued at $208,000 after buying an additional 239 shares during the period. Institutional investors and hedge funds own 90.63% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on DHI shares. Bank of America reduced their target price on D.R. Horton from $150.00 to $125.00 and set a "neutral" rating on the stock in a report on Thursday, April 17th. Softer demand and elevated incentives impacting outlook through H2 2025 JMP Securities decreased their target price on D.R. Horton from $210.00 to $180.00 and set a "market outperform" rating for the company in a report on Monday, April 21st. The Goldman Sachs Group reduced their price target on shares of D.R. Horton from $173.00 to $150.00 and set a "buy" rating on the stock in a research report on Tuesday, April 15th. Keefe, Bruyette & Woods lowered their price target on shares of D.R. Horton from $165.00 to $135.00 and set a "market perform" rating for the company in a report on Tuesday, April 22nd. Finally, Royal Bank Of Canada reduced their price target on shares of D.R. Horton from $125.00 to $105.00 and set an "underperform" rating on the stock in a research report on Monday, April 21st. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $151.15.

D.R. Horton Price Performance

DHI stock traded down $0.89 during trading hours on Monday, hitting $131.01. 3,086,693 shares of the stock traded hands, compared to its average volume of 3,129,206. D.R. Horton, Inc. has a one year low of $110.44 and a one year high of $199.85. The company has a current ratio of 7.29, a quick ratio of 1.15 and a debt-to-equity ratio of 0.26. The company has a market cap of $40.24 billion, a P/E ratio of 9.92, a P/E/G ratio of 4.12 and a beta of 1.38. The stock has a 50-day simple moving average of $124.15 and a 200 day simple moving average of $129.32.

D.R. Horton (NYSE:DHI - Get Free Report) last announced its quarterly earnings data on Thursday, April 17th. The construction company reported $2.58 EPS for the quarter, missing analysts' consensus estimates of $2.69 by ($0.11). The company had revenue of $7.73 billion for the quarter, compared to analyst estimates of $8.07 billion. D.R. Horton had a net margin of 12.15% and a return on equity of 16.95%. During the same quarter last year, the company posted $3.52 EPS. Equities analysts forecast 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 declared a quarterly dividend, which was paid on Friday, May 9th. Investors of record on Friday, May 2nd were paid a $0.40 dividend. The ex-dividend date was Friday, May 2nd. This represents a $1.60 dividend on an annualized basis and a yield of 1.22%. D.R. Horton's dividend payout ratio is currently 12.11%.

Insider Activity

In related 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 value of $274,555.00. Following the completion of the transaction, the director owned 2,193 shares of the company's stock, valued at approximately $280,046.10. This trade represents a 49.50% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.54% of the stock is owned by corporate insiders.

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.