George Kaiser Family Foundation Invests $246,000 in D.R. Horton, Inc. $DHI

Key Points

• The George Kaiser Family Foundation has established a new position in D.R. Horton, Inc. by purchasing 1,937 shares valued at approximately $246,000 in the first quarter.
• Significant institutional interest is evident as multiple large investors, including Allspring Global Investments and Pacer Advisors, have drastically increased their stakes in D.R. Horton amid a broader market trend.
• D.R. Horton reported a net margin of 11.46% and earnings per share of $3.36 for the recent quarter, outperforming analysts' expectations of $2.90, despite a year-over-year revenue decline of 7.4%.

George Kaiser Family Foundation acquired a new stake in shares of D.R. Horton, Inc. (NYSE:DHI - Free Report) during the 1st quarter, according to its most recent disclosure with the SEC. The fund acquired 1,937 shares of the construction company's stock, valued at approximately $246,000.

Several other institutional investors have also recently made changes to their positions in DHI. Bank Pictet & Cie Europe AG boosted its position in shares of D.R. Horton by 1.6% during the fourth quarter. Bank Pictet & Cie Europe AG now owns 319,166 shares of the construction company's stock valued at $44,626,000 after purchasing an additional 5,052 shares in the last quarter. CreativeOne Wealth LLC boosted its position in shares of D.R. Horton by 18.6% during the fourth quarter. CreativeOne Wealth LLC now owns 4,621 shares of the construction company's stock valued at $646,000 after purchasing an additional 725 shares in the last quarter. Gabelli Funds LLC boosted its position in shares of D.R. Horton by 64.3% during the fourth quarter. Gabelli Funds LLC now owns 11,500 shares of the construction company's stock valued at $1,608,000 after purchasing an additional 4,500 shares in the last quarter. Gamco Investors INC. ET AL bought a new stake in shares of D.R. Horton during the fourth quarter valued at approximately $381,000. Finally, NewEdge Advisors LLC boosted its position in shares of D.R. Horton by 2.7% during the fourth quarter. NewEdge Advisors LLC now owns 16,668 shares of the construction company's stock valued at $2,331,000 after purchasing an additional 436 shares in the last quarter. Institutional investors own 90.63% of the company's stock.

Wall Street Analyst Weigh In

DHI has been the topic of several research reports. Royal Bank Of Canada lifted their price target on D.R. Horton from $105.00 to $117.00 and gave the company an "underperform" rating in a research report on Wednesday, July 23rd. UBS Group lifted their target price on shares of 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 lifted their target price on shares of D.R. Horton from $160.00 to $175.00 and gave the company an "overweight" rating in a report on Wednesday, July 23rd. Wall Street Zen upgraded shares of D.R. Horton from a "sell" rating to a "hold" rating in a report on Sunday, July 20th. Finally, Wedbush lifted their target price on shares of D.R. Horton from $155.00 to $170.00 and gave the company a "neutral" rating in a report on Wednesday, July 23rd. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, six have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $153.23.

Insider Transactions at D.R. Horton

In other news, Director Michael R. Buchanan sold 2,150 shares of the firm's stock in a transaction dated 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 of the company's stock, valued at $280,046.10. This trade represents a 49.50% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 0.54% of the company's stock.

D.R. Horton Stock Down 3.0%

Shares of DHI traded down $4.9610 on Wednesday, hitting $163.1490. 3,694,595 shares of the stock traded hands, compared to its average volume of 3,813,296. 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 capitalization of $48.64 billion, a PE ratio of 13.08, a P/E/G ratio of 3.50 and a beta of 1.34. The business has a 50 day simple moving average of $140.67 and a 200 day simple moving average of $130.76. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.19 and a current ratio of 7.06.

D.R. Horton (NYSE:DHI - Get Free Report) last issued its earnings results on Tuesday, July 22nd. The construction company reported $3.36 EPS for the quarter, beating 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 the consensus estimate of $8.80 billion. During the same period last year, the business posted $4.10 EPS. The company's 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 forecast that D.R. Horton, Inc. will post 13.04 earnings per share for the current fiscal year.

D.R. Horton Announces Dividend

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

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.