LBP AM SA acquired a new position in D.R. Horton, Inc. (NYSE:DHI - Free Report) during the 1st quarter, according to its most recent filing with the SEC. The fund acquired 32,487 shares of the construction company's stock, valued at approximately $4,130,000.
Other large investors have also recently added to or reduced their stakes in the company. Nemes Rush Group LLC increased its stake in shares of D.R. Horton by 74.5% during the 4th quarter. Nemes Rush Group LLC now owns 192 shares of the construction company's stock worth $27,000 after purchasing an additional 82 shares in the last quarter. Olde Wealth Management LLC acquired a new stake in D.R. Horton during the 1st quarter valued at $26,000. Itau Unibanco Holding S.A. purchased a new position in D.R. Horton during the fourth quarter worth $43,000. Oarsman Capital Inc. raised its holdings in shares of D.R. Horton by 146.7% in the fourth quarter. Oarsman Capital Inc. now owns 333 shares of the construction company's stock worth $46,000 after acquiring an additional 198 shares during the last quarter. Finally, Physician Wealth Advisors Inc. purchased a new stake in shares of D.R. Horton in the fourth quarter valued at $54,000. 90.63% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling
In related news, Director Michael R. Buchanan sold 2,150 shares of the business's stock in a transaction dated Tuesday, June 24th. The stock was sold at an average price of $127.70, for a total value of $274,555.00. Following the transaction, the director owned 2,193 shares in the company, valued at approximately $280,046.10. The trade was a 49.50% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.54% of the stock is owned by corporate insiders.
D.R. Horton Stock Down 2.0%
NYSE:DHI traded down $2.83 during mid-day trading on Friday, hitting $136.79. The company had a trading volume of 4,065,493 shares, compared to its average volume of 3,166,632. The business has a fifty day simple moving average of $125.12 and a 200-day simple moving average of $129.31. The firm has a market capitalization of $42.02 billion, a price-to-earnings ratio of 10.36, a PEG ratio of 4.36 and a beta of 1.38. D.R. Horton, Inc. has a 1 year low of $110.44 and a 1 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.
D.R. Horton (NYSE:DHI - Get Free Report) last announced its earnings results on Thursday, April 17th. The construction company reported $2.58 EPS for the quarter, missing the consensus estimate of $2.69 by ($0.11). The company had revenue of $7.73 billion for the quarter, compared to analysts' expectations 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 in the previous year, the business posted $3.52 earnings per share. Equities analysts forecast that D.R. Horton, Inc. will post 13.04 earnings per share for the current fiscal year.
D.R. Horton Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Friday, May 9th. Investors of record on Friday, May 2nd were paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.17%. The ex-dividend date was Friday, May 2nd. D.R. Horton's dividend payout ratio (DPR) is 12.11%.
Wall Street Analysts Forecast Growth
DHI has been the subject of a number of recent research reports. Bank of America cut their target price on shares of D.R. Horton from $150.00 to $125.00 and set a "neutral" rating for the company in a research note on Thursday, April 17th. Softer demand and elevated incentives impacting outlook through H2 2025 Wells Fargo & Company cut their price objective on shares of D.R. Horton from $175.00 to $160.00 and set an "overweight" rating for the company in a research report on Monday, April 14th. JPMorgan Chase & Co. decreased their target price on shares of D.R. Horton from $132.00 to $111.00 and set an "underweight" rating on the stock in a research report on Monday, April 21st. Keefe, Bruyette & Woods lowered their target price on shares of D.R. Horton from $165.00 to $135.00 and set a "market perform" rating for the company in a research note on Tuesday, April 22nd. Finally, Royal Bank Of Canada lowered their price objective on D.R. Horton from $125.00 to $105.00 and set an "underperform" rating for the company in a research report on Monday, April 21st. Three analysts have rated the stock with a sell rating, six have issued a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, D.R. Horton currently has an average rating of "Hold" and a consensus target price of $151.15.
Get Our Latest Stock Analysis on D.R. Horton
D.R. Horton Company Profile
(
Free Report)
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.
Further Reading

Before you consider D.R. Horton, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and D.R. Horton wasn't on the list.
While D.R. Horton currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.