Argentarii LLC Sells 172 Shares of D.R. Horton, Inc. $DHI

Argentarii LLC cut its holdings in D.R. Horton, Inc. (NYSE:DHI) by 3.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,342 shares of the construction company’s stock after selling 172 shares during the quarter. Argentarii LLC’s holdings in D.R. Horton were worth $689,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of the business. Olde Wealth Management LLC bought a new stake in D.R. Horton during the 1st quarter valued at approximately $26,000. Bayforest Capital Ltd boosted its position in D.R. Horton by 340.4% during the 1st quarter. Bayforest Capital Ltd now owns 251 shares of the construction company’s stock valued at $32,000 after acquiring an additional 194 shares in the last quarter. Accredited Wealth Management LLC bought a new stake in D.R. Horton during the 1st quarter valued at approximately $34,000. Ransom Advisory Ltd bought a new stake in D.R. Horton during the 1st quarter valued at approximately $51,000. Finally, Adirondack Trust Co. boosted its position in D.R. Horton by 53.2% during the 2nd quarter. Adirondack Trust Co. now owns 406 shares of the construction company’s stock valued at $52,000 after acquiring an additional 141 shares in the last quarter. 90.63% of the stock is owned by institutional investors.

D.R. Horton Stock Performance

DHI stock opened at $164.22 on Tuesday. The company has a debt-to-equity ratio of 0.29, a current ratio of 7.06 and a quick ratio of 1.19. D.R. Horton, Inc. has a 1 year low of $110.44 and a 1 year high of $195.50. The company has a market cap of $48.96 billion, a P/E ratio of 13.17, a price-to-earnings-growth ratio of 3.57 and a beta of 1.36. The stock’s fifty day moving average price is $160.32 and its 200-day moving average price is $137.49.

D.R. Horton (NYSE:DHI) last posted its earnings results 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. D.R. Horton had a return on equity of 15.74% and a net margin of 11.46%.The company had revenue of $9.23 billion for the quarter, compared to the consensus estimate of $8.80 billion. During the same quarter in the prior year, the company earned $4.10 earnings per share. D.R. Horton’s revenue was down 7.4% on a year-over-year basis. D.R. Horton has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. On average, equities analysts forecast that D.R. Horton, Inc. will post 13.04 earnings per share for the current year.

D.R. Horton Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 14th. Investors of record on Thursday, August 7th were issued a $0.40 dividend. The ex-dividend date of this dividend was Thursday, August 7th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.0%. D.R. Horton’s dividend payout ratio (DPR) is presently 12.83%.

Analyst Ratings Changes

Several analysts have weighed in on DHI shares. Wall Street Zen raised D.R. Horton from a “sell” rating to a “hold” rating in a research report on Sunday, July 20th. Wedbush lifted their price objective on D.R. Horton from $155.00 to $170.00 and gave the company a “neutral” rating in a research report on Wednesday, July 23rd. Wells Fargo & Company lifted their price objective on D.R. Horton from $175.00 to $190.00 and gave the company an “overweight” rating in a research report on Tuesday, September 2nd. Bank of America lifted their target price on shares of D.R. Horton from $155.00 to $175.00 and gave the company a “neutral” rating in a report on Thursday, September 18th. Finally, UBS Group lifted their target price on shares of D.R. Horton from $176.00 to $187.00 and gave the company a “buy” rating in a report on Wednesday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, six have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, D.R. Horton presently has a consensus rating of “Hold” and an average target price of $158.23.

Insider Activity

In other news, Director Michael R. Buchanan sold 1,000 shares of the company’s stock in a transaction on Friday, September 5th. The stock was sold at an average price of $180.74, for a total value of $180,740.00. Following the completion of the sale, the director directly owned 1,193 shares in the company, valued at $215,622.82. This represents a 45.60% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Chairman David V. Auld sold 30,000 shares of the company’s stock in a transaction 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 sale, the chairman owned 815,672 shares of the company’s stock, 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. Insiders sold a total of 32,376 shares of company stock valued at $5,898,848 in the last 90 days. Company 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.