D.R. Horton, Inc. $DHI Shares Bought by Nomura Asset Management Co. Ltd.

Nomura Asset Management Co. Ltd. raised its position in D.R. Horton, Inc. (NYSE:DHI) by 3.3% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 137,873 shares of the construction company’s stock after purchasing an additional 4,385 shares during the period. Nomura Asset Management Co. Ltd.’s holdings in D.R. Horton were worth $17,775,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Bayforest Capital Ltd increased its holdings in D.R. Horton by 340.4% in the first quarter. Bayforest Capital Ltd now owns 251 shares of the construction company’s stock valued at $32,000 after buying an additional 194 shares during the last quarter. Accredited Wealth Management LLC purchased a new stake in D.R. Horton during the 1st quarter worth about $34,000. Hantz Financial Services Inc. boosted its position in shares of D.R. Horton by 1,678.9% during the 2nd quarter. Hantz Financial Services Inc. now owns 338 shares of the construction company’s stock worth $44,000 after acquiring an additional 319 shares in the last quarter. Ransom Advisory Ltd acquired a new position in shares of D.R. Horton during the 1st quarter worth about $51,000. Finally, Adirondack Trust Co. increased its holdings in shares of D.R. Horton by 53.2% in the 2nd quarter. Adirondack Trust Co. now owns 406 shares of the construction company’s stock valued at $52,000 after acquiring an additional 141 shares during the last quarter. 90.63% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at D.R. Horton

In other news, Chairman David V. Auld sold 30,000 shares of the stock in a transaction that occurred on Friday, September 5th. The stock was 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 of the company’s stock, valued at approximately $148,623,595.12. This represents a 3.55% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, SVP Aron M. Odom sold 1,376 shares of the firm’s stock in a transaction that occurred 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 sale, the senior vice president directly owned 6,457 shares of the company’s stock, valued at $1,181,631. This represents a 17.57% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 32,376 shares of company stock worth $5,898,848 over the last 90 days. Company insiders own 0.54% of the company’s stock.

D.R. Horton Price Performance

D.R. Horton stock opened at $138.31 on Wednesday. D.R. Horton, Inc. has a 12 month low of $110.44 and a 12 month high of $184.54. The company has a debt-to-equity ratio of 0.24, a current ratio of 6.48 and a quick ratio of 1.19. The business has a 50 day simple moving average of $158.20 and a 200-day simple moving average of $146.25. The stock has a market capitalization of $41.23 billion, a PE ratio of 11.93, a price-to-earnings-growth ratio of 3.09 and a beta of 1.36.

D.R. Horton (NYSE:DHI) last announced its quarterly earnings data on Tuesday, October 28th. The construction company reported $3.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.29 by ($0.25). The firm had revenue of $9.68 billion during the quarter, compared to analyst estimates of $9.44 billion. D.R. Horton had a net margin of 10.47% and a return on equity of 14.39%. The business’s quarterly revenue was down 3.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $3.92 earnings per share. D.R. Horton has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. Equities analysts predict that D.R. Horton, Inc. will post 13.04 earnings per share for the current year.

D.R. Horton Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, November 20th. Investors of record on Thursday, November 13th will be issued a dividend of $0.45 per share. This is an increase from D.R. Horton’s previous quarterly dividend of $0.40. This represents a $1.80 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Thursday, November 13th. D.R. Horton’s dividend payout ratio is currently 15.53%.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on DHI shares. Evercore ISI set a $169.00 price target on D.R. Horton and gave the company an “in-line” rating in a report on Tuesday, October 7th. Keefe, Bruyette & Woods reduced their price objective on shares of D.R. Horton from $178.00 to $175.00 and set a “market perform” rating for the company in a research report on Wednesday, October 29th. Wells Fargo & Company increased their target price on shares of D.R. Horton from $175.00 to $190.00 and gave the company an “overweight” rating in a research report on Tuesday, September 2nd. Citigroup reiterated a “market outperform” rating on shares of D.R. Horton in a research note on Thursday, October 30th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of D.R. Horton in a report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, six have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $157.38.

About D.R. Horton

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.