EntryPoint Capital LLC Takes Position in D.R. Horton, Inc. $DHI

Key Points

• EntryPoint Capital LLC has acquired a new stake in D.R. Horton, purchasing 4,247 shares valued at approximately $540,000.
• Several institutional investors have significantly increased their holdings in D.R. Horton, with Allspring Global Investments growing its stake by 652.0% and GAMMA Investing boosting its stake by 19,102.6% in the first quarter.
• D.R. Horton reported an EPS of $3.36 for the last quarter, exceeding the consensus estimate of $2.90, and its revenue totaled $9.23 billion.

EntryPoint Capital LLC bought a new stake in shares of D.R. Horton, Inc. (NYSE:DHI - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 4,247 shares of the construction company's stock, valued at approximately $540,000.

A number of other institutional investors have also recently added to or reduced their stakes in DHI. Allspring Global Investments Holdings LLC grew its stake in D.R. Horton by 652.0% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 1,981,609 shares of the construction company's stock valued at $252,477,000 after acquiring an additional 1,718,094 shares during the period. Pacer Advisors Inc. boosted its stake in D.R. Horton by 4,630.6% during the 1st quarter. Pacer Advisors Inc. now owns 1,691,056 shares of the construction company's stock worth $214,984,000 after purchasing an additional 1,655,309 shares during the last quarter. GAMMA Investing LLC boosted its stake in D.R. Horton by 19,102.6% during the 1st quarter. GAMMA Investing LLC now owns 916,734 shares of the construction company's stock worth $116,544,000 after purchasing an additional 911,960 shares during the last quarter. Two Sigma Investments LP boosted its stake in D.R. Horton by 1,838.0% during the 4th quarter. Two Sigma Investments LP now owns 877,644 shares of the construction company's stock worth $122,712,000 after purchasing an additional 832,358 shares during the last quarter. Finally, Nuveen LLC acquired a new stake in D.R. Horton during the 1st quarter worth $98,382,000. Institutional investors and hedge funds own 90.63% of the company's stock.

Analyst Ratings Changes

DHI has been the topic of several recent research reports. UBS Group lifted their target price on shares of D.R. Horton from $176.00 to $187.00 and gave the stock a "buy" rating in a research note on Wednesday, July 23rd. Wedbush lifted their target price on shares of D.R. Horton from $155.00 to $170.00 and gave the stock a "neutral" rating in a research note on Wednesday, July 23rd. Keefe, Bruyette & Woods lifted their target price on shares of D.R. Horton from $135.00 to $161.00 and gave the stock a "market perform" rating in a research note on Thursday, July 24th. Wall Street Zen raised shares of D.R. Horton from a "sell" rating to a "hold" rating in a research note on Sunday, July 20th. Finally, Wells Fargo & Company lifted their target price on shares of D.R. Horton from $160.00 to $175.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $153.23.

Insider Transactions at D.R. Horton

In related news, Director Michael R. Buchanan sold 2,150 shares of the business's stock in a transaction dated Tuesday, June 24th. The shares were sold at an average price of $127.70, for a total value of $274,555.00. Following the sale, the director directly owned 2,193 shares in the company, valued at approximately $280,046.10. The trade was a 49.50% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.54% of the company's stock.

D.R. Horton Stock Up 1.7%

NYSE DHI opened at $167.9380 on Wednesday. D.R. Horton, Inc. has a 52 week low of $110.44 and a 52 week high of $199.85. The company has a quick ratio of 1.19, a current ratio of 7.06 and a debt-to-equity ratio of 0.29. The business's fifty day simple moving average is $139.91 and its 200-day simple moving average is $130.54. The firm has a market cap of $50.07 billion, a PE ratio of 13.47, a P/E/G ratio of 3.50 and a beta of 1.34.

D.R. Horton (NYSE:DHI - Get Free Report) last posted its quarterly earnings results on Tuesday, July 22nd. The construction company reported $3.36 EPS for the quarter, topping the consensus estimate of $2.90 by $0.46. D.R. Horton had a return on equity of 15.74% and a net margin of 11.46%.The business had revenue of $9.23 billion for the quarter, compared to analyst estimates of $8.80 billion. During the same quarter in the previous year, the firm earned $4.10 EPS. The company's quarterly revenue was down 7.4% compared to the same quarter last year. D.R. Horton has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. As a group, equities analysts anticipate 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 disclosed a quarterly dividend, which was paid on Thursday, August 14th. Investors of record on Thursday, August 7th were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 1.0%. The ex-dividend date was Thursday, August 7th. D.R. Horton's payout ratio is 12.83%.

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.

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