ORG Wealth Partners LLC Takes $218,000 Position in D.R. Horton, Inc. $DHI

Key Points

• ORG Wealth Partners LLC has purchased a new stake in D.R. Horton, Inc. valued at approximately $218,000, acquiring 1,625 shares during the second quarter.
• D.R. Horton reported earnings per share (EPS) of $3.36 for the last quarter, exceeding estimates by $0.46, while the company’s revenue was $9.23 billion, up from a year-over-year comparison.
• The company also declared a quarterly dividend of $0.40 per share, indicating a dividend yield of 1.0% with a payout ratio of 12.83%.

ORG Wealth Partners LLC bought a new stake in shares of D.R. Horton, Inc. (NYSE:DHI - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,625 shares of the construction company's stock, valued at approximately $218,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Horizon Investments LLC grew its stake in shares of D.R. Horton by 1.5% in the 1st quarter. Horizon Investments LLC now owns 5,586 shares of the construction company's stock worth $708,000 after buying an additional 83 shares during the last quarter. Sheaff Brock Investment Advisors LLC raised its holdings in D.R. Horton by 2.7% in the 1st quarter. Sheaff Brock Investment Advisors LLC now owns 3,696 shares of the construction company's stock worth $470,000 after purchasing an additional 98 shares during the period. Pinnacle Wealth Planning Services Inc. raised its holdings in D.R. Horton by 4.2% in the 1st quarter. Pinnacle Wealth Planning Services Inc. now owns 2,529 shares of the construction company's stock worth $322,000 after purchasing an additional 101 shares during the period. Cresset Asset Management LLC increased its stake in D.R. Horton by 0.4% in the 1st quarter. Cresset Asset Management LLC now owns 27,063 shares of the construction company's stock worth $3,441,000 after buying an additional 102 shares in the last quarter. Finally, Unison Advisors LLC grew its position in shares of D.R. Horton by 0.3% during the first quarter. Unison Advisors LLC now owns 38,719 shares of the construction company's stock valued at $4,922,000 after purchasing an additional 103 shares in the last quarter. Hedge funds and other institutional investors own 90.63% of the company's stock.

Insider Activity at D.R. Horton

In related news, Chairman David V. Auld sold 30,000 shares of the company's stock in a transaction on Friday, September 5th. The shares were sold at an average price of $182.21, for a total transaction of $5,466,300.00. Following the completion of the transaction, the chairman directly owned 815,672 shares in the company, valued at $148,623,595.12. This represents a 3.55% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Michael R. Buchanan sold 1,000 shares of the company's stock in a transaction dated Friday, September 5th. The stock was sold at an average price of $180.74, for a total transaction of $180,740.00. Following the completion of the sale, the director directly owned 1,193 shares in the company, valued at approximately $215,622.82. The trade was a 45.60% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 32,376 shares of company stock valued at $5,898,848. Corporate insiders own 0.54% of the company's stock.

D.R. Horton Price Performance

Shares of DHI stock opened at $167.29 on Friday. The firm has a market cap of $49.87 billion, a P/E ratio of 13.42, a P/E/G ratio of 3.55 and a beta of 1.36. The company has a debt-to-equity ratio of 0.29, a current ratio of 7.06 and a quick ratio of 1.19. D.R. Horton, Inc. has a 1-year low of $110.44 and a 1-year high of $195.50. The firm has a fifty day moving average of $163.15 and a two-hundred day moving average of $138.41.

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, beating the consensus estimate of $2.90 by $0.46. D.R. Horton had a net margin of 11.46% and a return on equity of 15.74%. The business had revenue of $9.23 billion during the quarter, compared to analyst estimates of $8.80 billion. During the same period in the previous year, the business posted $4.10 EPS. The company's quarterly revenue 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 anticipate that D.R. Horton, Inc. will post 13.04 earnings per share for the current fiscal year.

D.R. Horton Announces Dividend

The company also recently declared 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 was Thursday, August 7th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.0%. D.R. Horton's payout ratio is currently 12.83%.

Analyst Ratings Changes

A number of research analysts recently commented on DHI shares. Royal Bank Of Canada increased their price target on shares of D.R. Horton from $105.00 to $117.00 and gave the company an "underperform" rating in a report on Wednesday, July 23rd. Wells Fargo & Company upped their price objective on shares of D.R. Horton from $175.00 to $190.00 and gave the stock an "overweight" rating in a research report on Tuesday, September 2nd. Wall Street Zen upgraded shares of D.R. Horton from a "sell" rating to a "hold" rating in a report on Sunday, July 20th. UBS Group lifted their price objective on shares of D.R. Horton from $176.00 to $187.00 and gave the stock a "buy" rating in a research report on Wednesday, July 23rd. Finally, Wedbush upped 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 equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $158.23.

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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