Windward Capital Management Co. CA Has $24.17 Million Holdings in D.R. Horton, Inc. $DHI

Key Points

• Windward Capital Management Co. CA reduced its stake in D.R. Horton, Inc. by 1.2%, now holding 190,129 shares valued at approximately $24.17 million, making it the company's 14th largest position.
• Several institutional investors have recently altered their positions in D.R. Horton, with notable increases from Bayforest Capital Ltd and new investments from Olde Wealth Management LLC and Alpine Bank Wealth Management.
• D.R. Horton reported a quarterly earnings per share of $3.36, exceeding estimates, with revenues of $9.23 billion, despite a year-over-year decrease in revenue by 7.4%.

Windward Capital Management Co. CA reduced its holdings in shares of D.R. Horton, Inc. (NYSE:DHI - Free Report) by 1.2% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 190,129 shares of the construction company's stock after selling 2,364 shares during the quarter. D.R. Horton makes up approximately 2.1% of Windward Capital Management Co. CA's holdings, making the stock its 14th biggest position. Windward Capital Management Co. CA owned approximately 0.06% of D.R. Horton worth $24,171,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Olde Wealth Management LLC acquired a new position in D.R. Horton during the first quarter worth $26,000. Bayforest Capital Ltd lifted its position in D.R. Horton by 340.4% during the 1st quarter. Bayforest Capital Ltd now owns 251 shares of the construction company's stock worth $32,000 after buying an additional 194 shares in the last quarter. Itau Unibanco Holding S.A. acquired a new position in shares of D.R. Horton during the 4th quarter worth about $43,000. Alpine Bank Wealth Management bought a new position in shares of D.R. Horton in the 1st quarter valued at about $61,000. Finally, Continuum Advisory LLC increased its position in shares of D.R. Horton by 25.8% in the fourth quarter. Continuum Advisory LLC now owns 487 shares of the construction company's stock valued at $68,000 after acquiring an additional 100 shares during the last quarter. Institutional investors own 90.63% of the company's stock.

D.R. Horton Stock Performance

Shares of NYSE DHI traded down $4.9610 during mid-day trading on Wednesday, reaching $163.1490. 3,694,595 shares of the company were exchanged, compared to its average volume of 3,813,296. The company's 50-day simple moving average is $139.91 and its 200-day simple moving average is $130.54. The company has a quick ratio of 1.19, a current ratio of 7.06 and a debt-to-equity ratio of 0.29. The stock has a market capitalization of $48.64 billion, a P/E ratio of 13.08, a P/E/G ratio of 3.50 and a beta of 1.34. D.R. Horton, Inc. has a twelve month low of $110.44 and a twelve month high of $199.85.

D.R. Horton (NYSE:DHI - Get Free Report) last announced its quarterly earnings results on Tuesday, July 22nd. The construction company reported $3.36 EPS for the quarter, beating analysts' consensus estimates of $2.90 by $0.46. The business had revenue of $9.23 billion for the quarter, compared to analyst estimates of $8.80 billion. D.R. Horton had a net margin of 11.46% and a return on equity of 15.74%. D.R. Horton's quarterly revenue was down 7.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $4.10 EPS. D.R. Horton has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. As a group, research analysts predict that D.R. Horton, Inc. will post 13.04 earnings per share for the current year.

D.R. Horton Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, August 14th. Investors of record on Thursday, August 7th were issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend was Thursday, August 7th. D.R. Horton's dividend payout ratio (DPR) is presently 12.83%.

Insider Transactions at D.R. Horton

In other D.R. Horton news, Director Michael R. Buchanan sold 2,150 shares of the company's stock in a transaction on 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 directly owned 2,193 shares of the company's stock, valued at $280,046.10. This represents a 49.50% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 0.54% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several brokerages recently commented on DHI. Wedbush increased their price target on D.R. Horton from $155.00 to $170.00 and gave the company a "neutral" rating in a research report on Wednesday, July 23rd. Keefe, Bruyette & Woods increased their price objective on D.R. Horton from $135.00 to $161.00 and gave the company a "market perform" rating in a report on Thursday, July 24th. Wall Street Zen raised shares of D.R. Horton from a "sell" rating to a "hold" rating in a research note on Sunday, July 20th. Wells Fargo & Company upped their price target on shares of D.R. Horton from $160.00 to $175.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 23rd. Finally, UBS Group lifted their price objective on shares of D.R. Horton from $176.00 to $187.00 and gave the company a "buy" rating in a research report on Wednesday, July 23rd. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $153.23.

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.