California State Teachers Retirement System Cuts Stake in D.R. Horton, Inc. $DHI

California State Teachers Retirement System lessened its holdings in shares of D.R. Horton, Inc. (NYSE:DHI) by 3.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 388,962 shares of the construction company’s stock after selling 14,859 shares during the quarter. California State Teachers Retirement System’s holdings in D.R. Horton were worth $53,373,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in DHI. Core Wealth Advisors LLC bought a new position in shares of D.R. Horton during the fourth quarter worth $25,000. Osbon Capital Management LLC bought a new stake in D.R. Horton in the 4th quarter valued at $26,000. Sound Income Strategies LLC purchased a new stake in D.R. Horton in the 4th quarter worth $27,000. Elevated Capital Advisors LLC purchased a new stake in D.R. Horton in the 4th quarter worth $27,000. Finally, Wilkerson Advisory Group LLC bought a new position in shares of D.R. Horton during the 4th quarter valued at about $30,000. 90.63% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

DHI has been the topic of several research reports. Citigroup reaffirmed a “neutral” rating on shares of D.R. Horton in a report on Wednesday, July 22nd. Truist Financial raised their price target on D.R. Horton from $140.00 to $150.00 and gave the company a “hold” rating in a report on Wednesday, April 22nd. UBS Group lifted their price objective on D.R. Horton from $193.00 to $206.00 and gave the stock a “buy” rating in a research note on Wednesday, April 22nd. The Goldman Sachs Group reaffirmed a “buy” rating on shares of D.R. Horton in a report on Tuesday, July 21st. Finally, Zelman & Associates upgraded D.R. Horton from a “neutral” rating to an “outperform” rating in a research report on Tuesday, July 7th. Five equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat, D.R. Horton currently has a consensus rating of “Hold” and an average price target of $168.17.

Key Stories Impacting D.R. Horton

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

• Positive Sentiment: Wolfe Research raised its FY2027 EPS forecast for D.R. Horton to $11.98 from $11.39, indicating expectations for improved earnings growth beyond fiscal 2026.
• Positive Sentiment: Keefe, Bruyette & Woods maintained a Market Perform rating and a $167 price target, implying potential upside from recent levels despite lowering several earnings estimates.
• Neutral Sentiment: Keefe, Bruyette & Woods projected quarterly EPS of $2.10, $2.50, $3.42 and $3.51 for D.R. Horton’s first through fourth quarters of fiscal 2027, respectively, for full-year EPS of $11.53. Its FY2028 estimate is $13.15.
• Negative Sentiment: Keefe, Bruyette & Woods cut its Q4 fiscal 2026 EPS forecast to $3.09 from $3.41, FY2026 EPS to $10.57 from $10.73, FY2027 EPS to $11.53 from $12.28 and FY2028 EPS to $13.15 from $13.92.
• Negative Sentiment: Wolfe Research lowered its Q4 fiscal 2026 EPS estimate to $2.97 from $3.20 and FY2026 EPS to $10.41 from $10.49. Its revised FY2026 forecast is also slightly below the roughly $10.49–$10.54 consensus range.

D.R. Horton Price Performance

Shares of D.R. Horton stock opened at $145.59 on Friday. The stock has a market cap of $40.72 billion, a price-to-earnings ratio of 13.85, a price-to-earnings-growth ratio of 2.33 and a beta of 1.36. 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 50 day moving average price of $151.50 and a 200-day moving average price of $150.43. D.R. Horton, Inc. has a one year low of $131.75 and a one year high of $184.54.

D.R. Horton (NYSE:DHI) last released its quarterly earnings results on Tuesday, July 21st. The construction company reported $3.20 earnings per share for the quarter, beating the consensus estimate of $3.02 by $0.18. The company had revenue of $9.23 billion for the quarter, compared to analyst estimates of $9.10 billion. D.R. Horton had a return on equity of 12.47% and a net margin of 9.15%.D.R. Horton’s quarterly revenue was up .0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $3.36 EPS. Equities analysts expect that D.R. Horton, Inc. will post 10.49 EPS for the current year.

D.R. Horton Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, August 13th. Stockholders of record on Thursday, August 6th will be paid a $0.45 dividend. The ex-dividend date of this dividend is Thursday, August 6th. This represents a $1.80 annualized dividend and a dividend yield of 1.2%. D.R. Horton’s dividend payout ratio is currently 17.13%.

D.R. Horton Profile

D.R. Horton, Inc is a national homebuilding company that designs, constructs and sells new residential properties across the United States. The company’s core operations focus on building single-family detached homes, townhomes and condominiums for a range of buyer segments. In addition to home construction and sales, D.R. Horton provides complementary services through subsidiaries that support the mortgage, title and closing processes for its customers, enabling integrated transaction workflows from inventory development to home delivery.

Founded in 1978 by Donald R.