Fulcrum Capital LLC Has $5.89 Million Stock Holdings in D.R. Horton, Inc. $DHI

Key Points

• Fulcrum Capital LLC increased its investment in D.R. Horton, Inc. by 4.1%, bringing its total holdings to 45,702 shares valued at approximately $5.89 million.
• Several large investors, including Vanguard and Invesco, have also boosted their stakes in D.R. Horton, resulting in institutional ownership rising to 90.63% of the company's stock.
• D.R. Horton reported earnings of $3.36 per share for the last quarter, exceeding analysts' expectations of $2.90, alongside a revenue of $9.23 billion.

Fulcrum Capital LLC grew its position in shares of D.R. Horton, Inc. (NYSE:DHI - Free Report) by 4.1% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 45,702 shares of the construction company's stock after acquiring an additional 1,808 shares during the quarter. Fulcrum Capital LLC's holdings in D.R. Horton were worth $5,892,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in D.R. Horton by 1.9% during the 1st quarter. Vanguard Group Inc. now owns 33,664,013 shares of the construction company's stock worth $4,279,706,000 after acquiring an additional 642,642 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in D.R. Horton by 1.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 3,509,407 shares of the construction company's stock worth $446,093,000 after acquiring an additional 33,412 shares during the last quarter. Invesco Ltd. boosted its position in D.R. Horton by 23.1% during the 1st quarter. Invesco Ltd. now owns 2,520,422 shares of the construction company's stock worth $320,421,000 after acquiring an additional 472,382 shares during the last quarter. Amundi boosted its position in D.R. Horton by 60.2% during the 1st quarter. Amundi now owns 2,176,211 shares of the construction company's stock worth $266,811,000 after acquiring an additional 817,998 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC boosted its position in D.R. Horton by 652.0% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 1,981,609 shares of the construction company's stock worth $252,477,000 after acquiring an additional 1,718,094 shares during the last quarter. Institutional investors and hedge funds own 90.63% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on DHI shares. Citigroup upped their price target on D.R. Horton from $162.00 to $175.00 and gave the stock a "neutral" rating in a research report on Wednesday, October 1st. UBS Group increased their price objective on D.R. Horton from $176.00 to $187.00 and gave the company a "buy" rating in a report on Wednesday, July 23rd. Wells Fargo & Company increased their price objective on D.R. Horton from $175.00 to $190.00 and gave the company an "overweight" rating in a report on Tuesday, September 2nd. Weiss Ratings reissued a "hold (c+)" rating on shares of D.R. Horton in a report on Wednesday. Finally, Evercore ISI set a $169.00 price objective on D.R. Horton and gave the company an "in-line" rating in a report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $156.54.

D.R. Horton Stock Down 0.1%

DHI opened at $151.30 on Friday. D.R. Horton, Inc. has a 1-year low of $110.44 and a 1-year high of $195.50. The stock's fifty day simple moving average is $167.13 and its 200 day simple moving average is $140.87. The company has a current ratio of 7.06, a quick ratio of 1.19 and a debt-to-equity ratio of 0.29. The stock has a market cap of $45.11 billion, a PE ratio of 12.13, a price-to-earnings-growth ratio of 3.14 and a beta of 1.40.

D.R. Horton (NYSE:DHI - Get Free Report) last posted its quarterly earnings results on Tuesday, July 22nd. The construction company reported $3.36 earnings per share for the quarter, beating analysts' consensus estimates 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 analysts' expectations of $8.80 billion. During the same quarter in the prior year, the business earned $4.10 EPS. The firm's revenue for the quarter was down 7.4% on a year-over-year basis. D.R. Horton has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. As a group, research analysts expect that D.R. Horton, Inc. will post 13.04 earnings per share for the current year.

D.R. Horton Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, August 14th. Stockholders of record on Thursday, August 7th were issued a dividend of $0.40 per share. The ex-dividend date of this dividend was Thursday, August 7th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.1%. D.R. Horton's dividend payout ratio (DPR) is currently 12.83%.

Insider Transactions at D.R. Horton

In other news, SVP Aron M. Odom sold 1,376 shares of D.R. Horton stock in a transaction on Friday, September 5th. The stock was sold at an average price of $183.00, for a total transaction of $251,808.00. Following the completion of the sale, the senior vice president owned 6,457 shares of the company's stock, valued at approximately $1,181,631. This trade represents a 17.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Chairman David V. Auld sold 30,000 shares of the firm's stock in a transaction on Friday, September 5th. The stock was sold at an average price of $182.21, for a total value of $5,466,300.00. Following the completion of the transaction, the chairman owned 815,672 shares in the company, valued at $148,623,595.12. The trade was a 3.55% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 32,376 shares of company stock valued at $5,898,848. 0.54% of the stock is currently owned by corporate insiders.

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.

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