72,841 Shares in D.R. Horton, Inc. $DHI Purchased by AMF Tjanstepension AB

AMF Tjanstepension AB bought a new position in shares of D.R. Horton, Inc. (NYSE:DHI) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 72,841 shares of the construction company’s stock, valued at approximately $9,391,000.

Other hedge funds have also recently bought and sold shares of the company. Horizon Investments LLC lifted its holdings in shares of D.R. Horton by 1.5% during the 1st quarter. Horizon Investments LLC now owns 5,586 shares of the construction company’s stock valued at $708,000 after buying an additional 83 shares during the last quarter. Sheaff Brock Investment Advisors LLC lifted its holdings in shares of D.R. Horton by 2.7% during the 1st quarter. Sheaff Brock Investment Advisors LLC now owns 3,696 shares of the construction company’s stock valued at $470,000 after buying an additional 98 shares during the last quarter. Pinnacle Wealth Planning Services Inc. lifted its holdings in shares of D.R. Horton by 4.2% during the 1st quarter. Pinnacle Wealth Planning Services Inc. now owns 2,529 shares of the construction company’s stock valued at $322,000 after buying an additional 101 shares during the last quarter. Cresset Asset Management LLC lifted its holdings in shares of D.R. Horton by 0.4% during the 1st quarter. Cresset Asset Management LLC now owns 27,063 shares of the construction company’s stock valued at $3,441,000 after buying an additional 102 shares during the last quarter. Finally, Unison Advisors LLC lifted its holdings in shares of D.R. Horton by 0.3% during the 1st quarter. Unison Advisors LLC now owns 38,719 shares of the construction company’s stock valued at $4,922,000 after buying an additional 103 shares during the last quarter. 90.63% of the stock is owned by institutional investors and hedge funds.

D.R. Horton Stock Performance

Shares of NYSE DHI opened at $174.93 on Friday. 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 business’s 50 day moving average is $165.86 and its two-hundred day moving average is $139.88. The company has a market cap of $52.15 billion, a P/E ratio of 14.03, a P/E/G ratio of 3.56 and a beta of 1.40. D.R. Horton, Inc. has a 12 month low of $110.44 and a 12 month high of $195.50.

D.R. Horton (NYSE:DHI) last issued its quarterly earnings results on Tuesday, July 22nd. The construction company reported $3.36 EPS for the quarter, topping the consensus estimate of $2.90 by $0.46. The company had revenue of $9.23 billion for the quarter, compared to the consensus estimate of $8.80 billion. D.R. Horton had a return on equity of 15.74% and a net margin of 11.46%.The company’s revenue for the quarter was down 7.4% on a year-over-year basis. During the same period in the previous year, the business posted $4.10 EPS. D.R. Horton has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. On average, equities analysts expect that D.R. Horton, Inc. will post 13.04 EPS for the current year.

D.R. Horton Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 14th. Shareholders of record on Thursday, August 7th were given a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend was Thursday, August 7th. D.R. Horton’s payout ratio is currently 12.83%.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. UBS Group boosted their target price on D.R. Horton from $176.00 to $187.00 and gave the stock a “buy” rating in a report on Wednesday, July 23rd. Bank of America boosted their target price on D.R. Horton from $155.00 to $175.00 and gave the stock a “neutral” rating in a report on Thursday, September 18th. Weiss Ratings restated a “hold (c+)” rating on shares of D.R. Horton in a report on Saturday, September 27th. Keefe, Bruyette & Woods boosted their target price on D.R. Horton from $135.00 to $161.00 and gave the stock a “market perform” rating in a report on Thursday, July 24th. Finally, Wall Street Zen upgraded D.R. Horton from a “sell” rating to a “hold” rating in a report on Sunday, July 20th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, D.R. Horton presently has an average rating of “Hold” and an average target price of $160.00.

Insiders Place Their Bets

In related news, Director Michael R. Buchanan sold 1,000 shares of the company’s stock in a transaction on Friday, September 5th. The stock was sold at an average price of $180.74, for a total value of $180,740.00. Following the completion of the transaction, the director directly owned 1,193 shares in the company, valued at approximately $215,622.82. This represents a 45.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Aron M. Odom sold 1,376 shares of the company’s stock in a transaction on Friday, September 5th. The shares were sold at an average price of $183.00, for a total value of $251,808.00. Following the completion of the transaction, the senior vice president owned 6,457 shares of the company’s stock, valued at $1,181,631. The trade was a 17.57% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 32,376 shares of company stock valued at $5,898,848 in the last three months. Company insiders own 0.54% of the company’s stock.

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.