D.R. Horton, Inc. $DHI Shares Bought by Eurizon Capital SGR S.p.A.

Eurizon Capital SGR S.p.A. boosted its position in shares of D.R. Horton, Inc. (NYSE:DHI) by 36.6% in the third quarter, Holdings Channel reports. The fund owned 216,139 shares of the construction company’s stock after purchasing an additional 57,861 shares during the quarter. Eurizon Capital SGR S.p.A.’s holdings in D.R. Horton were worth $29,571,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the company. BlackRock Inc. bought a new stake in shares of D.R. Horton during the 2nd quarter valued at about $4,067,842,000. Bank of America Corp DE lifted its stake in shares of D.R. Horton by 10.7% in the 1st 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 period. Dimensional Fund Advisors LP lifted its stake in shares of D.R. Horton by 0.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 3,081,672 shares of the construction company’s stock worth $422,734,000 after purchasing an additional 21,514 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted 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 worth $472,969,000 after buying an additional 122,434 shares during the last quarter. Finally, Bank of New York Mellon Corp purchased a new position in shares of D.R. Horton in the second quarter worth approximately $294,292,000. Institutional investors own 90.63% of the company’s stock.

D.R. Horton Trading Up 0.7%

Shares of NYSE:DHI opened at $145.41 on Friday. The stock has a 50 day moving average of $141.65 and a 200 day moving average of $147.46. The company has a market cap of $40.67 billion, a PE ratio of 14.25, a price-to-earnings-growth ratio of 1.85 and a beta of 1.35. D.R. Horton, Inc. has a 12-month low of $130.40 and a 12-month high of $170.79. The company has a current ratio of 6.01, a quick ratio of 0.95 and a debt-to-equity ratio of 0.26.

D.R. Horton (NYSE:DHI) last released its earnings results on Thursday, October 29th. The construction company reported $2.67 EPS for the quarter, missing analysts’ consensus estimates of $3.01 by ($0.34). D.R. Horton had a return on equity of 11.93% and a net margin of 8.74%. The firm had revenue of $9.37 billion for the quarter, compared to the consensus estimate of $9.07 billion. During the same quarter in the previous year, the business posted $3.04 EPS. D.R. Horton’s revenue was down 3.2% on a year-over-year basis. As a group, equities research analysts expect 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. Stockholders of record on Thursday, November 12th will be paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.4%. This is a boost from D.R. Horton’s previous quarterly dividend of $0.45. The ex-dividend date of this dividend is Thursday, November 12th. D.R. Horton’s dividend payout ratio is currently 19.72%.

D.R. Horton News Summary

Here’s some of the latest news about DHI:

• 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

Wall Street Analysts Forecast Growth

A number of analysts have commented on DHI shares. 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 report on Tuesday, September 22nd. Evercore dropped their price target on shares of D.R. Horton from $171.00 to $166.00 in a research note on Thursday, October 8th. Royal Bank Of Canada cut their price objective on shares of D.R. Horton from $119.00 to $114.00 and set an “underperform” rating for the company in a research report on Friday, October 30th. Keefe, Bruyette & Woods reduced their price objective on D.R. Horton from $160.00 to $152.00 in a research note on Thursday, October 22nd. Finally, Zacks Research cut D.R. Horton from a “hold” rating to a “strong sell” rating in a report on Tuesday. Five investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and five have issued a Sell rating to the stock. Based on data from MarketBeat.com, D.R. Horton presently has an average rating of “Hold” and a consensus target price of $151.33.

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.