Vanguard Personalized Indexing Management LLC Increases Stake in D.R. Horton, Inc. $DHI

Vanguard Personalized Indexing Management LLC increased its position in D.R. Horton, Inc. (NYSE:DHI) by 13.9% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 44,568 shares of the construction company’s stock after acquiring an additional 5,430 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in D.R. Horton were worth $5,746,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its holdings in D.R. Horton by 1.9% in the 1st quarter. Vanguard Group Inc. now owns 33,664,013 shares of the construction company’s stock worth $4,279,706,000 after acquiring an additional 642,642 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in D.R. Horton by 1.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 3,509,407 shares of the construction company’s stock worth $446,093,000 after purchasing an additional 33,412 shares in the last quarter. Invesco Ltd. lifted its holdings in D.R. Horton by 23.1% during the 1st quarter. Invesco Ltd. now owns 2,520,422 shares of the construction company’s stock worth $320,421,000 after purchasing an additional 472,382 shares in the last quarter. Amundi lifted its holdings in D.R. Horton by 60.2% during the 1st quarter. Amundi now owns 2,176,211 shares of the construction company’s stock worth $266,811,000 after purchasing an additional 817,998 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC lifted its holdings in D.R. Horton by 652.0% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 1,981,609 shares of the construction company’s stock worth $252,477,000 after purchasing an additional 1,718,094 shares in the last quarter. Hedge funds and other institutional investors own 90.63% of the company’s stock.

D.R. Horton Stock Performance

Shares of NYSE DHI opened at $152.32 on Tuesday. The stock has a market cap of $45.41 billion, a price-to-earnings ratio of 12.22, a P/E/G ratio of 3.15 and a beta of 1.40. The company has a current ratio of 7.06, a quick ratio of 1.19 and a debt-to-equity ratio of 0.29. D.R. Horton, Inc. has a 1-year low of $110.44 and a 1-year high of $195.50. The stock’s 50-day moving average is $167.11 and its 200 day moving average is $141.21.

D.R. Horton (NYSE:DHI) last announced its quarterly earnings data on Tuesday, July 22nd. The construction company reported $3.36 earnings per share for the quarter, beating analysts’ consensus estimates of $2.90 by $0.46. The company had revenue of $9.23 billion for the quarter, compared to analysts’ expectations of $8.80 billion. D.R. Horton had a return on equity of 15.74% and a net margin of 11.46%.D.R. Horton’s revenue for the quarter was down 7.4% compared to the same quarter last year. During the same period last year, the firm posted $4.10 EPS. D.R. Horton has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. On average, sell-side analysts anticipate that D.R. Horton, Inc. will post 13.04 EPS for the current fiscal year.

D.R. Horton Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 14th. Investors of record on Thursday, August 7th were issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Thursday, August 7th. D.R. Horton’s dividend payout ratio (DPR) is currently 12.83%.

Analysts Set New Price Targets

A number of brokerages recently issued reports on DHI. Weiss Ratings reissued a “hold (c+)” rating on shares of D.R. Horton in a report on Wednesday, October 8th. UBS Group increased their price objective on D.R. Horton from $176.00 to $187.00 and gave the stock a “buy” rating in a report on Wednesday, July 23rd. Royal Bank Of Canada lifted their price objective on D.R. Horton from $105.00 to $117.00 and gave the company an “underperform” rating in a research note on Wednesday, July 23rd. Wall Street Zen upgraded D.R. Horton from a “sell” rating to a “hold” rating in a research report on Sunday, July 20th. Finally, Evercore ISI set a $169.00 price target on D.R. Horton and gave the company an “in-line” rating in a research report on Tuesday, October 7th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, D.R. Horton has a consensus rating of “Hold” and a consensus price target of $156.54.

Insider Activity at D.R. Horton

In related news, SVP Aron M. Odom sold 1,376 shares of the firm’s stock in a transaction dated Friday, September 5th. The stock was sold at an average price of $183.00, for a total transaction of $251,808.00. Following the transaction, the senior vice president directly owned 6,457 shares of the company’s stock, valued at approximately $1,181,631. This trade represents a 17.57% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Chairman David V. Auld sold 30,000 shares of D.R. Horton stock in a transaction that occurred on Friday, September 5th. The stock was sold at an average price of $182.21, for a total value of $5,466,300.00. Following the completion of the transaction, the chairman directly owned 815,672 shares in the company, valued at $148,623,595.12. This trade represents a 3.55% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 32,376 shares of company stock valued at $5,898,848. Corporate insiders own 0.54% of the company’s stock.

D.R. Horton Company 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.