Handelsbanken Fonder AB Purchases 27,554 Shares of D.R. Horton, Inc. $DHI

Handelsbanken Fonder AB increased its position in D.R. Horton, Inc. (NYSE:DHIFree Report) by 28.1% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 125,482 shares of the construction company’s stock after acquiring an additional 27,554 shares during the period. Handelsbanken Fonder AB’s holdings in D.R. Horton were worth $16,177,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Twin Capital Management Inc. grew its stake in shares of D.R. Horton by 0.3% during the 2nd quarter. Twin Capital Management Inc. now owns 23,330 shares of the construction company’s stock valued at $3,008,000 after purchasing an additional 78 shares during the period. Mutual Advisors LLC boosted its holdings in shares of D.R. Horton by 4.8% in the second quarter. Mutual Advisors LLC now owns 1,749 shares of the construction company’s stock worth $225,000 after buying an additional 80 shares during the last quarter. Horizon Investments LLC grew its position in D.R. Horton by 1.5% during the first 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 period. Franchise Capital Ltd increased its holdings in D.R. Horton by 15.7% during the second quarter. Franchise Capital Ltd now owns 626 shares of the construction company’s stock valued at $81,000 after buying an additional 85 shares during the last quarter. Finally, Sheaff Brock Investment Advisors LLC raised its position in D.R. Horton by 2.7% in the first quarter. Sheaff Brock Investment Advisors LLC now owns 3,696 shares of the construction company’s stock worth $470,000 after acquiring an additional 98 shares during the period. Institutional investors own 90.63% of the company’s stock.

D.R. Horton Stock Up 6.9%

Shares of DHI opened at $146.73 on Friday. D.R. Horton, Inc. has a 12-month low of $110.44 and a 12-month high of $184.54. The company has a current ratio of 6.48, a quick ratio of 1.19 and a debt-to-equity ratio of 0.24. The company has a market capitalization of $43.74 billion, a PE ratio of 12.66, a price-to-earnings-growth ratio of 3.09 and a beta of 1.36. The business’s 50 day moving average is $155.92 and its 200 day moving average is $146.44.

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

D.R. Horton Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, November 20th. Shareholders of record on Thursday, November 13th were issued a $0.45 dividend. The ex-dividend date was Thursday, November 13th. This represents a $1.80 dividend on an annualized basis and a yield of 1.2%. This is an increase from D.R. Horton’s previous quarterly dividend of $0.40. D.R. Horton’s payout ratio is presently 15.53%.

Insiders Place Their Bets

In other news, SVP Aron M. Odom sold 1,376 shares of D.R. Horton stock in a transaction dated Friday, September 5th. The stock was sold at an average price of $183.00, for a total value of $251,808.00. Following the sale, the senior vice president directly owned 6,457 shares of the company’s stock, valued at approximately $1,181,631. The trade was a 17.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Chairman David V. Auld sold 30,000 shares of the stock in a transaction that occurred on Friday, September 5th. The shares were sold at an average price of $182.21, for a total value of $5,466,300.00. Following the transaction, the chairman directly owned 815,672 shares of the company’s stock, valued at approximately $148,623,595.12. The trade was a 3.55% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 32,376 shares of company stock worth $5,898,848 in the last 90 days. 0.54% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on DHI. Bank of America cut their price objective on shares of D.R. Horton from $175.00 to $165.00 and set a “neutral” rating for the company in a research report on Friday, October 10th. Citigroup reiterated a “market outperform” rating on shares of D.R. Horton in a research report on Thursday, October 30th. Evercore ISI set a $169.00 price target on D.R. Horton and gave the stock an “in-line” rating in a research report on Tuesday, October 7th. UBS Group raised their price objective on D.R. Horton from $187.00 to $195.00 and gave the stock a “buy” rating in a research note on Wednesday, October 29th. Finally, Royal Bank Of Canada lifted their price objective on D.R. Horton from $117.00 to $118.00 and gave the company an “underperform” rating in a research report on Wednesday, October 29th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $157.38.

Read Our Latest Report on D.R. Horton

D.R. Horton Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding DHI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for D.R. Horton, Inc. (NYSE:DHIFree Report).

Institutional Ownership by Quarter for D.R. Horton (NYSE:DHI)

Receive News & Ratings for D.R. Horton Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for D.R. Horton and related companies with MarketBeat.com's FREE daily email newsletter.