Nemes Rush Group LLC increased its holdings in D.R. Horton, Inc. (NYSE:DHI – Free Report) by 60,024.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 115,439 shares of the construction company’s stock after acquiring an additional 115,247 shares during the period. D.R. Horton comprises 1.6% of Nemes Rush Group LLC’s investment portfolio, making the stock its 19th biggest holding. Nemes Rush Group LLC’s holdings in D.R. Horton were worth $14,882,000 as of its most recent SEC filing.
A number of other hedge funds have also added to or reduced their stakes in the stock. Bayforest Capital Ltd raised its position in D.R. Horton by 340.4% in the 1st 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 bought a new stake in shares of D.R. Horton in the 1st quarter worth $34,000. Hantz Financial Services Inc. raised its holdings in shares of D.R. Horton by 1,678.9% in the second quarter. Hantz Financial Services Inc. now owns 338 shares of the construction company’s stock valued at $44,000 after purchasing an additional 319 shares during the last quarter. Ransom Advisory Ltd bought a new position in shares of D.R. Horton during the first quarter valued at about $51,000. Finally, Adirondack Trust Co. boosted its holdings in D.R. Horton by 53.2% during the second quarter. Adirondack Trust Co. now owns 406 shares of the construction company’s stock worth $52,000 after purchasing an additional 141 shares during the last quarter. Institutional investors and hedge funds own 90.63% of the company’s stock.
Analyst Upgrades and Downgrades
DHI has been the topic of a number of research analyst reports. Citigroup restated a “market outperform” rating on shares of D.R. Horton in a research note on Thursday, October 30th. UBS Group boosted their price objective on D.R. Horton from $187.00 to $195.00 and gave the stock a “buy” rating in a research report on Wednesday, October 29th. Keefe, Bruyette & Woods reduced their price objective on D.R. Horton from $178.00 to $175.00 and set a “market perform” rating for the company in a research note on Wednesday, October 29th. Royal Bank Of Canada lifted their target price on D.R. Horton from $117.00 to $118.00 and gave the stock an “underperform” rating in a research note on Wednesday, October 29th. Finally, Bank of America cut their price target on shares of D.R. Horton from $175.00 to $165.00 and set a “neutral” rating on the stock in a report on Friday, October 10th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, D.R. Horton presently has a consensus rating of “Hold” and a consensus target price of $157.38.
D.R. Horton Stock Performance
NYSE:DHI opened at $146.73 on Friday. The company has a market capitalization of $43.74 billion, a P/E ratio of 12.66, a P/E/G ratio of 3.09 and a beta of 1.36. The business has a fifty day simple moving average of $155.92 and a two-hundred day simple moving average of $146.44. The company has a debt-to-equity ratio of 0.24, a current ratio of 6.48 and a quick ratio of 1.19. D.R. Horton, Inc. has a 1 year low of $110.44 and a 1 year high of $184.54.
D.R. Horton (NYSE:DHI – Get Free Report) last posted its quarterly earnings results on Tuesday, October 28th. The construction company reported $3.04 earnings per share for the quarter, missing the consensus estimate of $3.29 by ($0.25). D.R. Horton had a return on equity of 14.39% and a net margin of 10.47%.The firm had revenue of $9.68 billion for the quarter, compared to the consensus estimate of $9.44 billion. During the same quarter in the previous year, the company posted $3.92 EPS. The firm’s revenue was down 3.2% compared to the same quarter last year. D.R. Horton has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. On average, analysts expect that D.R. Horton, Inc. will post 13.04 earnings per share for the current year.
D.R. Horton Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, November 20th. Stockholders of record on Thursday, November 13th were paid a $0.45 dividend. The ex-dividend date was Thursday, November 13th. This is a positive change from D.R. Horton’s previous quarterly dividend of $0.40. This represents a $1.80 annualized dividend and a dividend yield of 1.2%. D.R. Horton’s dividend payout ratio is 15.53%.
Insider Activity
In related news, Director Michael R. Buchanan sold 1,000 shares of the company’s stock in a transaction that occurred on Friday, September 5th. The shares were sold at an average price of $180.74, for a total transaction of $180,740.00. Following the sale, the director directly owned 1,193 shares in the company, valued at approximately $215,622.82. This represents a 45.60% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Chairman David V. Auld sold 30,000 shares of D.R. Horton stock in a transaction that occurred on Friday, September 5th. The shares were 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 owned 815,672 shares of the company’s stock, valued at $148,623,595.12. This represents 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 valued at $5,898,848 over the last quarter. 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.
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