Sterling Capital Management LLC Sells 17,334 Shares of D.R. Horton, Inc. $DHI

Sterling Capital Management LLC decreased its holdings in D.R. Horton, Inc. (NYSE:DHI) by 7.3% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 221,233 shares of the construction company’s stock after selling 17,334 shares during the quarter. Sterling Capital Management LLC’s holdings in D.R. Horton were worth $30,231,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. BlackRock Inc. bought a new stake in D.R. Horton during the 2nd quarter worth approximately $4,067,842,000. Bank of America Corp DE raised its stake in shares of D.R. Horton by 10.7% in the first quarter. Bank of America Corp DE now owns 3,226,686 shares of the construction company’s stock worth $442,766,000 after purchasing an additional 312,303 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of D.R. Horton by 0.7% in the first quarter. Dimensional Fund Advisors LP now owns 3,081,672 shares of the construction company’s stock valued at $422,734,000 after purchasing an additional 21,514 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of D.R. Horton by 4.4% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,903,786 shares of the construction company’s stock valued at $472,969,000 after purchasing an additional 122,434 shares in the last quarter. Finally, Principal Financial Group Inc. lifted its holdings in shares of D.R. Horton by 2.3% in the first quarter. Principal Financial Group Inc. now owns 2,155,581 shares of the construction company’s stock valued at $295,789,000 after purchasing an additional 48,723 shares in the last quarter. Institutional investors and hedge funds own 90.63% of the company’s stock.

Key Headlines Impacting D.R. Horton

Here are the key news stories impacting D.R. Horton this week:

• Positive Sentiment: Homebuilder sentiment has improved as mortgage rates and longer-term Treasury yields have eased, potentially supporting housing affordability and future demand. Investors may also be positioning ahead of D.R. Horton’s October 29 earnings release. D.R. Horton Shares Climb as Lower Rates Lift Homebuilders Ahead of Earnings
• Positive Sentiment: D.R. Horton’s board authorized an additional $5 billion in share repurchases, with fiscal 2026 buybacks expected to total at least $3.25 billion. The capital-return program may provide ongoing support for the shares.
• Neutral Sentiment: Stonex Financia maintained a “Hold” rating while forecasting earnings of $10.46 per share for fiscal 2026, $10.75 for fiscal 2027 and $13.27 for fiscal 2028. The estimates imply longer-term earnings growth, but the unchanged rating signals limited near-term conviction.
• Neutral Sentiment: Analysts expect D.R. Horton to report quarterly earnings on October 29, making results on orders, margins, deliveries and management guidance the next major catalyst. D.R. Horton Expected to Post Quarterly Earnings on Thursday
• Negative Sentiment: D.R. Horton reportedly cut its 2026 outlook after missing sales expectations, raising concerns about demand, pricing and profitability in a still-constrained housing market. D.R. Horton Cuts 2026 Outlook Following Sales Miss While Undervalued Narrative Holds
• Negative Sentiment: Pre-earnings analysis expects a decline in quarterly earnings and indicates D.R. Horton lacks the usual signals associated with a likely earnings beat, increasing downside risk if results or guidance disappoint. Analysts Estimate D.R. Horton to Report a Decline in Earnings

Analyst Ratings Changes

Several equities research analysts recently issued reports on DHI shares. Royal Bank Of Canada decreased their price target on D.R. Horton from $125.00 to $119.00 and set an “underperform” rating for the company in a report on Thursday, October 15th. Evercore set a $166.00 price objective on D.R. Horton in a research note on Friday, September 25th. Barclays dropped their price objective on D.R. Horton from $141.00 to $130.00 and set an “equal weight” rating on the stock in a research note on Tuesday, October 6th. Wells Fargo & Company cut their price objective on shares of D.R. Horton from $145.00 to $140.00 and set an “equal weight” rating on the stock in a report on Friday, October 16th. Finally, Truist Financial reduced their target price on shares of D.R. Horton from $150.00 to $140.00 and set a “hold” rating for the company in a research note on Wednesday, September 16th. Five equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $156.36.

D.R. Horton Stock Down 0.2%

NYSE:DHI traded down $0.23 on Friday, hitting $147.43. The stock had a trading volume of 2,656,551 shares, compared to its average volume of 3,118,676. D.R. Horton, Inc. has a 1 year low of $130.40 and a 1 year high of $170.79. The firm’s fifty day simple moving average is $140.92 and its two-hundred day simple moving average is $146.57. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.04 and a current ratio of 6.43. The stock has a market cap of $41.24 billion, a P/E ratio of 14.03, a price-to-earnings-growth ratio of 2.30 and a beta of 1.35.

D.R. Horton (NYSE:DHI) last announced its earnings results on Tuesday, July 21st. The construction company reported $3.20 earnings per share for the quarter, topping analysts’ consensus estimates of $3.02 by $0.18. The firm had revenue of $9.23 billion for the quarter, compared to the consensus estimate of $9.10 billion. D.R. Horton had a return on equity of 12.47% and a net margin of 9.15%. The company’s revenue was up .0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.36 EPS. Analysts predict that D.R. Horton, Inc. will post 10.43 earnings per share for the current year.

D.R. Horton Profile

D.R. Horton, Inc is a residential construction company that builds and sells single-family detached and attached homes in the United States. Its offerings include entry-level, move-up, luxury and active-adult housing, serving a range of homebuyers through brands such as D.R. Horton, Express Homes, Emerald Homes and Freedom Homes.

The company’s operations also include land acquisition and development, home financing and title services. Through subsidiaries and affiliated businesses, D.R.