D.R. Horton, Inc. $DHI Shares Sold by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. trimmed its holdings in shares of D.R. Horton, Inc. (NYSE:DHI) by 93.9% during the 3rd quarter, Holdings Channel reports. The fund owned 7,475 shares of the construction company’s stock after selling 114,352 shares during the period. Jefferies Financial Group Inc.’s holdings in D.R. Horton were worth $1,021,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Fiduciary Financial Advisors bought a new stake in shares of D.R. Horton in the 2nd quarter valued at about $25,000. Caitlin John LLC purchased a new stake in shares of D.R. Horton in the 2nd quarter worth approximately $25,000. Compass Wealth Management LLC purchased a new stake in shares of D.R. Horton in the 3rd quarter worth approximately $27,000. Pension & Wealth Management Advisors Inc. purchased a new stake in shares of D.R. Horton in the 3rd quarter worth approximately $28,000. Finally, Compass Financial Management LLC bought a new position in shares of D.R. Horton during the second quarter valued at approximately $31,000. Hedge funds and other institutional investors own 90.63% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on DHI. Citigroup lifted their price objective on shares of D.R. Horton from $150.00 to $152.00 and gave the company a “neutral” rating in a report on Monday, November 2nd. Morgan Stanley reduced their price objective on shares of D.R. Horton from $151.00 to $130.00 and set an “equal weight” rating for the company in a research note on Tuesday, November 3rd. Truist Financial lowered their target price on D.R. Horton from $150.00 to $140.00 and set a “hold” rating for the company in a report on Wednesday, September 16th. BTIG Research reaffirmed a “buy” rating and set a $174.00 target price (down from $184.00) on shares of D.R. Horton in a research report on Tuesday, September 22nd. Finally, Weiss Ratings downgraded D.R. Horton from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, November 2nd. Five equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and five have given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $151.33.

D.R. Horton Stock Up 0.7%

D.R. Horton stock traded up $0.96 during trading hours on Friday, reaching $145.41. The stock had a trading volume of 2,710,535 shares, compared to its average volume of 3,387,529. The company has a market cap of $40.67 billion, a price-to-earnings ratio of 14.34, a PEG ratio of 1.85 and a beta of 1.35. The company has a debt-to-equity ratio of 0.26, a current ratio of 6.01 and a quick ratio of 0.95. The business’s 50 day moving average price is $141.65 and its 200-day moving average price is $147.46. D.R. Horton, Inc. has a 52 week low of $130.40 and a 52 week high of $170.79.

D.R. Horton (NYSE:DHI) last released its quarterly earnings results on Thursday, October 29th. The construction company reported $2.67 EPS for the quarter, missing the consensus estimate of $3.01 by ($0.34). D.R. Horton had a net margin of 8.74% and a return on equity of 11.93%. The firm had revenue of $9.37 billion for the quarter, compared to analysts’ expectations of $9.07 billion. During the same period in the previous year, the company posted $3.04 earnings per share. The business’s quarterly revenue was down 3.2% compared to the same quarter last year. Sell-side analysts anticipate that D.R. Horton, Inc. will post 9.58 EPS for the current year.

D.R. Horton Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, November 19th. Investors of record on Thursday, November 12th will be paid a dividend of $0.50 per share. This is a boost from D.R. Horton’s previous quarterly dividend of $0.45. The ex-dividend date is Thursday, November 12th. This represents a $2.00 annualized dividend and a dividend yield of 1.4%. D.R. Horton’s dividend payout ratio (DPR) is presently 19.72%.

Recent D.R. Horton Headlines

Investors following DHI have been watching these headlines:

• Neutral Sentiment: A dividend analysis reviews D.R. Horton’s payout, but the available article details do not specify the yield, payout ratio, or a dividend change, so the near-term stock impact is unclear. D.R. Horton Inc’s Dividend Analysis
• Negative Sentiment: Zacks Research cut its rating on D.R. Horton from “hold” to “strong sell,” adding to concerns about the stock’s outlook. Zacks Research ratings
• Negative Sentiment: Melius Research reiterated a “sell” rating and a $128 price target, below the $145.41 price cited in the coverage. Its estimates project fiscal 2027 EPS of $7.57 and fiscal 2028 EPS of $9.12, versus the reported current-year consensus estimate of $10.48, signaling expected earnings pressure. The multiple reports repeat the same Melius forecast and rating. D.R. Horton analyst coverage

D.R. Horton Profile

D.R. Horton, Inc. is a U.S. homebuilder founded in 1978 by Donald R. Horton. Headquartered in Arlington, Texas, the company builds and sells homes in markets across the United States. Its homebuilding business offers single-family homes and townhomes for buyers with a range of needs and budgets. D.R. Horton markets homes under brands including D.R. Horton, Express, Emerald and Freedom, which serves active-adult buyers. The company also provides mortgage financing and title services to homebuyers through its financial-services operations, and has a home-rental business.