Teacher Retirement System of Texas Buys 12,778 Shares of D.R. Horton, Inc. $DHI

Key Points

• Teacher Retirement System of Texas increased its stake by 12.7% in D.R. Horton during Q4, buying 12,778 shares to hold 113,336 shares valued at about $16.32 million.
• Market and analyst signals are mixed: UBS raised its price target to $206 and issued a buy, but the brokerage consensus remains a "Hold"; D.R. Horton’s latest quarter beat EPS estimates ($2.24 vs. $2.15) while revenue missed and declined year-over-year.
• D.R. Horton announced a quarterly dividend of $0.45 per share (annualized $1.80) with an ex-dividend date of May 7 and payment on May 14, and roughly 90.6% of the stock is held by institutions.

Teacher Retirement System of Texas lifted its stake in D.R. Horton, Inc. (NYSE:DHI - Free Report) by 12.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 113,336 shares of the construction company's stock after purchasing an additional 12,778 shares during the quarter. Teacher Retirement System of Texas' holdings in D.R. Horton were worth $16,324,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Concord Wealth Partners bought a new stake in shares of D.R. Horton in the 3rd quarter worth approximately $25,000. Canton Hathaway LLC bought a new stake in shares of D.R. Horton in the 3rd quarter worth approximately $26,000. Steigerwald Gordon & Koch Inc. bought a new stake in shares of D.R. Horton in the 3rd quarter worth approximately $27,000. Sound Income Strategies LLC bought a new stake in shares of D.R. Horton in the 4th quarter worth approximately $27,000. Finally, Ameriflex Group Inc. bought a new position in D.R. Horton in the 3rd quarter valued at approximately $31,000. 90.63% of the stock is owned by institutional investors.

D.R. Horton News Summary

Here are the key news stories impacting D.R. Horton this week:

• Positive Sentiment: UBS raised its price target on D.R. Horton to $206 and moved to a "buy" rating, citing upside vs. the current price — a sizable analyst upgrade that can attract buyers. UBS raises price target to $206
• Positive Sentiment: Truist published a forecast calling for strong price appreciation in DHI, adding institutional support to the bullish case. Truist Forecasts Strong Price Appreciation for D.R. Horton
• Positive Sentiment: Market commentary highlights a rotation of capital into housing names (DHI cited as a preferred large-cap homebuilder) on a potential future Fed pivot and rate easing—a thematic flow that can lift DHI relative to smaller builders.
• Neutral Sentiment: Brokerage consensus on DHI remains around "Hold" (average recommendation), suggesting mixed analyst conviction despite some buy-side upgrades. D.R. Horton Receives Average "Hold" from Brokerages
• Neutral Sentiment: The broader Q1 earnings backdrop is being described as generally positive, which could support cyclicals like homebuilders if the tone holds. Earnings Picture Remains Positive: A Closer Look
• Negative Sentiment: Peer results are weak: NVR and PulteGroup reported Q1 misses and declining revenues/settlements — signals that housing demand and margins remain under pressure and can weigh on DHI's near-term outlook. NVR's Q1 Earnings Miss PulteGroup Q1 Miss
• Negative Sentiment: D.R. Horton’s latest quarter showed an EPS beat but a revenue shortfall (revenues down year-over-year), which markets often penalize in a rate-sensitive sector where demand and backlog trends matter. (Company Q1 results and guidance context.)

Insider Activity at D.R. Horton

In other D.R. Horton news, SVP Aron M. Odom sold 260 shares of the stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $167.55, for a total transaction of $43,563.00. Following the completion of the transaction, the senior vice president owned 6,457 shares of the company's stock, valued at $1,081,870.35. This represents a 3.87% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.66% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the stock. Citigroup boosted their target price on shares of D.R. Horton from $162.00 to $173.00 and gave the company a "neutral" rating in a research note on Thursday. UBS Group upped their price objective on D.R. Horton from $193.00 to $206.00 and gave the stock a "buy" rating in a research note on Wednesday. Weiss Ratings restated a "hold (c)" rating on shares of D.R. Horton in a research note on Friday, April 10th. Wells Fargo & Company upped their price objective on D.R. Horton from $147.00 to $170.00 and gave the stock an "equal weight" rating in a research note on Wednesday. Finally, Evercore upped their price objective on D.R. Horton from $167.00 to $169.00 and gave the stock an "in-line" rating in a research note on Wednesday, January 21st. Four analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $168.54.

D.R. Horton Stock Down 2.6%

DHI opened at $159.95 on Friday. The firm has a 50-day simple moving average of $148.13 and a two-hundred day simple moving average of $150.61. D.R. Horton, Inc. has a 52 week low of $114.17 and a 52 week high of $184.54. The company has a market capitalization of $46.34 billion, a PE ratio of 14.99, a price-to-earnings-growth ratio of 2.62 and a beta of 1.44. The company has a quick ratio of 0.98, a current ratio of 6.46 and a debt-to-equity ratio of 0.27.

D.R. Horton (NYSE:DHI - Get Free Report) last released its quarterly earnings data on Tuesday, April 21st. The construction company reported $2.24 EPS for the quarter, beating the consensus estimate of $2.15 by $0.09. D.R. Horton had a net margin of 9.51% and a return on equity of 12.94%. The business had revenue of $7.56 billion during the quarter, compared to the consensus estimate of $9.22 billion. During the same quarter in the prior year, the firm earned $2.58 EPS. The business's revenue was down 2.3% on a year-over-year basis. Analysts forecast that D.R. Horton, Inc. will post 10.5 earnings per share for the current fiscal year.

D.R. Horton Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 14th. Shareholders of record on Thursday, May 7th will be issued a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend is Thursday, May 7th. D.R. Horton's dividend payout ratio is 16.87%.

D.R. Horton Company Profile

D.R. Horton, Inc is a national homebuilding company that designs, constructs and sells new residential properties across the United States. The company's core operations focus on building single-family detached homes, townhomes and condominiums for a range of buyer segments. In addition to home construction and sales, D.R. Horton provides complementary services through subsidiaries that support the mortgage, title and closing processes for its customers, enabling integrated transaction workflows from inventory development to home delivery.

Founded in 1978 by Donald R.

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