D.R. Horton, Inc. $DHI Shares Sold by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al reduced its stake in shares of D.R. Horton, Inc. (NYSE:DHI) by 23.2% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 171,764 shares of the construction company’s stock after selling 51,900 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in D.R. Horton were worth $23,472,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Caitlin John LLC acquired a new position in D.R. Horton in the second quarter valued at approximately $25,000. Fiduciary Financial Advisors purchased a new position in D.R. Horton in the second quarter valued at $25,000. Compass Wealth Management LLC acquired a new position in shares of D.R. Horton in the third quarter worth about $27,000. Bell Investment Advisors Inc purchased a new stake in shares of D.R. Horton during the 2nd quarter worth about $32,000. Finally, Compass Financial Management LLC purchased a new stake in shares of D.R. Horton during the 2nd quarter worth about $31,000. Hedge funds and other institutional investors own 90.63% of the company’s stock.

D.R. Horton Stock Down 0.4%

DHI stock opened at $145.93 on Friday. D.R. Horton, Inc. has a 52 week low of $130.40 and a 52 week high of $170.79. The company has a quick ratio of 1.04, a current ratio of 6.01 and a debt-to-equity ratio of 0.26. The firm has a 50-day simple moving average of $140.76 and a 200-day simple moving average of $147.70. The stock has a market capitalization of $40.82 billion, a P/E ratio of 14.39, a P/E/G ratio of 2.27 and a beta of 1.35.

D.R. Horton (NYSE:DHI) last issued its quarterly earnings results on Thursday, October 29th. The construction company reported $2.67 earnings per share for the quarter, missing analysts’ consensus estimates 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 company had revenue of $9.37 billion during the quarter, compared to analysts’ expectations of $9.07 billion. During the same period in the prior year, the business posted $3.04 earnings per share. The company’s quarterly revenue was down 3.2% compared to the same quarter last year. Equities analysts forecast that D.R. Horton, Inc. will post 11.35 earnings per share for the current fiscal year.

D.R. Horton Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, November 19th. Shareholders of record on Thursday, November 12th will be issued a dividend of $0.50 per share. The ex-dividend date of this dividend is Thursday, November 12th. This is an increase from D.R. Horton’s previous quarterly dividend of $0.45. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.4%. D.R. Horton’s payout ratio is currently 17.75%.

D.R. Horton News Summary

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

• Positive Sentiment: D.R. Horton declared a quarterly dividend of $0.50 per share, an 11.1% increase from $0.45, bringing the annualized dividend to $2.00 and signaling continued confidence in cash generation.
• Positive Sentiment: Fourth-quarter revenue reached $9.37 billion, exceeding the $9.07 billion analyst estimate. The company also controls 77% of its lot supply through purchase contracts, which may support future construction flexibility. D.R. Horton: 3 Key Takeaways for Long-Term Investors
• Neutral Sentiment: The company is investing in robotic homebuilding, a potential long-term productivity and cost advantage, although the financial impact is not yet clear. Inside giant homebuilder D.R. Horton’s bet on robotic homebuilding
• Negative Sentiment: Fiscal fourth-quarter earnings per share were $2.67, below the $3.01 consensus and down from $3.04 a year earlier. Revenue also declined 3.2% year over year, while a reported $91 million impairment further clouded results. D.R. Horton’s Q4 Earnings Miss on Weak Housing Demand, Sales Beat
• Negative Sentiment: Management warned that elevated mortgage rates are weakening demand, increasing cancellations and forcing greater buyer incentives, which is squeezing profitability. Its fiscal 2027 revenue outlook of $30 billion to $32 billion reflects a cautious operating environment. D.R. Horton Profit Down as Mortgage Rates Weigh
• Negative Sentiment: Analysts lowered their valuations: Royal Bank of Canada cut its price target to $114 and maintained an “underperform” rating, while Barclays reduced its target to $125 and kept an “equal weight” rating. The revisions reinforce concerns about earnings and housing demand.

Analysts Set New Price Targets

A number of research firms recently weighed in on DHI. Melius Research initiated coverage on D.R. Horton in a report on Tuesday, October 6th. They issued a “sell” rating and a $128.00 price target for the company. Keefe, Bruyette & Woods dropped their price objective on D.R. Horton from $160.00 to $152.00 in a report on Thursday, October 22nd. Morgan Stanley assumed coverage on D.R. Horton in a research report on Thursday, October 1st. They issued an “equal weight” rating and a $151.00 price objective for the company. Zelman & Associates raised D.R. Horton from a “neutral” rating to an “outperform” rating in a research note on Tuesday, July 7th. Finally, Weiss Ratings upgraded D.R. Horton from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, October 15th. Five analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, D.R. Horton has an average rating of “Hold” and an average price target of $152.60.

About D.R. Horton

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.