Teacher Retirement System of Texas Increases Stock Position in American Homes 4 Rent $AMH

Key Points

• Teacher Retirement System of Texas raised its stake in American Homes 4 Rent by 44.0%, adding 140,434 shares to hold 459,482 shares worth about $14.75 million (≈0.12% of the company).
• Q results missed: AMH reported $0.33 EPS vs. $0.47 expected and revenue of $402.93M vs. $459.24M expected, while issuing FY2026 guidance of $1.890–$1.950 EPS (consensus ~$1.92).
• AMH increased its quarterly dividend to $0.33 (annualized $1.32, ~4.3% yield), though the dividend payout ratio is elevated at about 111.86%.

Teacher Retirement System of Texas raised its holdings in American Homes 4 Rent (NYSE:AMH - Free Report) by 44.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 459,482 shares of the real estate investment trust's stock after purchasing an additional 140,434 shares during the quarter. Teacher Retirement System of Texas owned 0.12% of American Homes 4 Rent worth $14,749,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB boosted its stake in shares of American Homes 4 Rent by 10,728.6% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 758 shares of the real estate investment trust's stock worth $25,000 after acquiring an additional 751 shares in the last quarter. True Wealth Design LLC boosted its stake in shares of American Homes 4 Rent by 230.8% during the 4th quarter. True Wealth Design LLC now owns 827 shares of the real estate investment trust's stock worth $27,000 after acquiring an additional 577 shares in the last quarter. Parallel Advisors LLC boosted its stake in shares of American Homes 4 Rent by 84.8% during the 3rd quarter. Parallel Advisors LLC now owns 963 shares of the real estate investment trust's stock worth $32,000 after acquiring an additional 442 shares in the last quarter. V Square Quantitative Management LLC purchased a new stake in shares of American Homes 4 Rent during the 4th quarter worth approximately $37,000. Finally, SJS Investment Consulting Inc. purchased a new stake in shares of American Homes 4 Rent during the 3rd quarter worth approximately $43,000. Hedge funds and other institutional investors own 91.87% of the company's stock.

American Homes 4 Rent Price Performance

AMH stock opened at $30.58 on Friday. American Homes 4 Rent has a 1 year low of $27.22 and a 1 year high of $39.49. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.63 and a current ratio of 0.63. The stock's 50 day moving average price is $29.41 and its 200 day moving average price is $30.99. The firm has a market cap of $11.13 billion, a P/E ratio of 25.92, a PEG ratio of 4.42 and a beta of 0.79.

American Homes 4 Rent (NYSE:AMH - Get Free Report) last posted its earnings results on Thursday, February 19th. The real estate investment trust reported $0.33 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.47 by ($0.14). American Homes 4 Rent had a net margin of 24.48% and a return on equity of 5.93%. The company had revenue of $402.93 million during the quarter, compared to analysts' expectations of $459.24 million. During the same period in the previous year, the company posted $0.45 EPS. American Homes 4 Rent's quarterly revenue was up 4.2% compared to the same quarter last year. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. On average, sell-side analysts expect that American Homes 4 Rent will post 1.92 earnings per share for the current fiscal year.

American Homes 4 Rent Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Friday, March 13th were paid a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a yield of 4.3%. The ex-dividend date of this dividend was Friday, March 13th. This is an increase from American Homes 4 Rent's previous quarterly dividend of $0.30. American Homes 4 Rent's dividend payout ratio is currently 111.86%.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the company. Weiss Ratings reissued a "hold (c)" rating on shares of American Homes 4 Rent in a research note on Wednesday, January 21st. Wall Street Zen lowered American Homes 4 Rent from a "hold" rating to a "sell" rating in a research note on Sunday, January 18th. BMO Capital Markets reissued a "market perform" rating and set a $37.00 price target on shares of American Homes 4 Rent in a research note on Friday, January 9th. Mizuho decreased their price target on American Homes 4 Rent from $32.00 to $29.00 and set a "neutral" rating on the stock in a research note on Friday, March 13th. Finally, Keefe, Bruyette & Woods decreased their price target on American Homes 4 Rent from $37.00 to $35.00 and set an "outperform" rating on the stock in a research note on Wednesday, February 25th. Seven equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $35.21.

Insider Buying and Selling

In other American Homes 4 Rent news, Director Douglas N. Benham purchased 1,200 shares of the business's stock in a transaction on Monday, March 2nd. The stock was bought at an average cost of $24.20 per share, for a total transaction of $29,040.00. Following the acquisition, the director owned 44,717 shares of the company's stock, valued at approximately $1,082,151.40. The trade was a 2.76% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Also, Director David Goldberg purchased 2,000 shares of the business's stock in a transaction on Tuesday, March 3rd. The stock was acquired at an average price of $29.30 per share, with a total value of $58,600.00. Following the completion of the acquisition, the director directly owned 36,723 shares in the company, valued at $1,075,983.90. The trade was a 5.76% increase in their position. The SEC filing for this purchase provides additional information. In the last ninety days, insiders purchased 6,771 shares of company stock worth $183,684. 5.70% of the stock is owned by corporate insiders.

About American Homes 4 Rent

American Homes 4 Rent NYSE: AMH is a publicly traded real estate investment trust (REIT) specializing in the acquisition, development and management of single-family rental homes. Since its initial public offering in April 2013, the company has focused on building a large-scale, professionally managed portfolio of homes designed to meet the needs of today's renters. Its business model emphasizes the acquisition of well-located properties coupled with consistent, in-house property management to drive occupancy and long-term value.

As of the most recent reporting, American Homes 4 Rent owns and operates tens of thousands of homes across the United States, with concentration in key Sun Belt and high-growth markets.

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