JPMorgan Chase & Co. Sells 6,019,121 Shares of D.R. Horton, Inc. $DHI

JPMorgan Chase & Co. trimmed its holdings in shares of D.R. Horton, Inc. (NYSE:DHI) by 35.9% in the second quarter, according to its most recent filing with the SEC. The firm owned 10,735,131 shares of the construction company’s stock after selling 6,019,121 shares during the period. JPMorgan Chase & Co.’s holdings in D.R. Horton were worth $1,383,973,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in DHI. Bayforest Capital Ltd lifted its stake in D.R. Horton by 340.4% during the first quarter. Bayforest Capital Ltd now owns 251 shares of the construction company’s stock worth $32,000 after purchasing an additional 194 shares during the period. Accredited Wealth Management LLC acquired a new position in shares of D.R. Horton in the 1st quarter worth approximately $34,000. Hantz Financial Services Inc. lifted its position in shares of D.R. Horton by 1,678.9% during the 2nd quarter. Hantz Financial Services Inc. now owns 338 shares of the construction company’s stock worth $44,000 after buying an additional 319 shares during the period. Ransom Advisory Ltd bought a new position in shares of D.R. Horton during the 1st quarter worth approximately $51,000. Finally, Adirondack Trust Co. boosted its stake in D.R. Horton by 53.2% in the 2nd quarter. Adirondack Trust Co. now owns 406 shares of the construction company’s stock valued at $52,000 after buying an additional 141 shares in the last quarter. Institutional investors own 90.63% of the company’s stock.

D.R. Horton Stock Up 6.9%

Shares of NYSE DHI opened at $146.73 on Friday. D.R. Horton, Inc. has a 12-month low of $110.44 and a 12-month high of $184.54. The firm’s 50-day simple moving average is $155.92 and its 200 day simple moving average is $146.27. The company has a quick ratio of 1.19, a current ratio of 6.48 and a debt-to-equity ratio of 0.24. The company has a market cap of $43.74 billion, a price-to-earnings ratio of 12.66, a price-to-earnings-growth ratio of 3.09 and a beta of 1.36.

D.R. Horton (NYSE:DHI) last posted its quarterly earnings data on Tuesday, October 28th. The construction company reported $3.04 earnings per share for the quarter, missing the consensus estimate of $3.29 by ($0.25). D.R. Horton had a net margin of 10.47% and a return on equity of 14.39%. The company had revenue of $9.68 billion during the quarter, compared to analyst estimates of $9.44 billion. During the same quarter in the previous year, the business posted $3.92 EPS. The company’s revenue was down 3.2% compared to the same quarter last year. D.R. Horton has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. On average, research analysts expect that D.R. Horton, Inc. will post 13.04 earnings per share for the current fiscal year.

D.R. Horton Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 20th. Investors of record on Thursday, November 13th were given a $0.45 dividend. This is a boost from D.R. Horton’s previous quarterly dividend of $0.40. The ex-dividend date was Thursday, November 13th. This represents a $1.80 annualized dividend and a yield of 1.2%. D.R. Horton’s dividend payout ratio is presently 15.53%.

Insider Buying and Selling at D.R. Horton

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 transaction of $180,740.00. Following the transaction, the director owned 1,193 shares of the company’s stock, valued at $215,622.82. This represents a 45.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Aron M. Odom sold 1,376 shares of the firm’s stock in a transaction dated Friday, September 5th. The shares were sold at an average price of $183.00, for a total value of $251,808.00. Following the completion of the transaction, the senior vice president owned 6,457 shares in the company, valued at approximately $1,181,631. This represents a 17.57% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 32,376 shares of company stock worth $5,898,848. Insiders own 0.54% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have issued reports on the company. Evercore ISI set a $169.00 price objective on D.R. Horton and gave the stock an “in-line” rating in a research note on Tuesday, October 7th. Weiss Ratings reiterated a “hold (c+)” rating on shares of D.R. Horton in a research report on Wednesday, October 8th. Wells Fargo & Company lifted their price target on shares of D.R. Horton from $175.00 to $190.00 and gave the company an “overweight” rating in a report on Tuesday, September 2nd. Bank of America decreased their price objective on shares of D.R. Horton from $175.00 to $165.00 and set a “neutral” rating on the stock in a research note on Friday, October 10th. Finally, Royal Bank Of Canada raised their price objective on shares of D.R. Horton from $117.00 to $118.00 and gave the stock an “underperform” rating in a report on Wednesday, October 29th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $157.38.

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.