Parnassus Investments LLC Sells 903,712 Shares of D.R. Horton, Inc. $DHI

Parnassus Investments LLC lowered its stake in D.R. Horton, Inc. (NYSE:DHI) by 69.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 388,335 shares of the construction company’s stock after selling 903,712 shares during the period. Parnassus Investments LLC owned approximately 0.13% of D.R. Horton worth $65,811,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Apella Capital LLC grew its holdings in D.R. Horton by 0.8% in the 3rd quarter. Apella Capital LLC now owns 8,578 shares of the construction company’s stock valued at $1,454,000 after buying an additional 69 shares during the last quarter. Twin Capital Management Inc. grew its position in D.R. Horton by 0.3% during the second quarter. Twin Capital Management Inc. now owns 23,330 shares of the construction company’s stock worth $3,008,000 after buying an additional 78 shares in the last quarter. Mutual Advisors LLC increased its stake in D.R. Horton by 4.8% during the second quarter. Mutual Advisors LLC now owns 1,749 shares of the construction company’s stock valued at $225,000 after acquiring an additional 80 shares during the period. Franchise Capital Ltd raised its stake in shares of D.R. Horton by 15.7% in the 2nd quarter. Franchise Capital Ltd now owns 626 shares of the construction company’s stock valued at $81,000 after buying an additional 85 shares in the last quarter. Finally, Salomon & Ludwin LLC increased its stake in D.R. Horton by 23.9% in the third quarter. Salomon & Ludwin LLC now owns 446 shares of the construction company’s stock valued at $78,000 after acquiring an additional 86 shares during the period. Institutional investors own 90.63% of the company’s stock.

D.R. Horton Stock Performance

NYSE:DHI opened at $157.06 on Friday. The company has a quick ratio of 1.18, a current ratio of 6.48 and a debt-to-equity ratio of 0.24. The firm has a market capitalization of $45.72 billion, a P/E ratio of 13.55, a P/E/G ratio of 1.74 and a beta of 1.42. The company has a fifty day moving average of $148.73 and a 200-day moving average of $153.31. D.R. Horton, Inc. has a twelve month low of $110.44 and a twelve month high of $184.54.

D.R. Horton (NYSE:DHI) last issued its earnings results on Tuesday, October 28th. The construction company reported $3.04 earnings per share for the quarter, missing analysts’ consensus estimates of $3.29 by ($0.25). The firm had revenue of $9.68 billion for the quarter, compared to analyst estimates of $9.44 billion. D.R. Horton had a return on equity of 14.39% and a net margin of 10.47%.D.R. Horton’s revenue for the quarter was down 3.2% compared to the same quarter last year. During the same period in the previous year, the company earned $3.92 earnings per share. As a group, sell-side analysts anticipate that D.R. Horton, Inc. will post 13.04 EPS for the current year.

D.R. Horton Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, November 20th. Stockholders of record on Thursday, November 13th were paid a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Thursday, November 13th. This is a positive change from D.R. Horton’s previous quarterly dividend of $0.40. D.R. Horton’s dividend payout ratio (DPR) is presently 15.53%.

Key D.R. Horton News

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

• Positive Sentiment: Citizens Jmp raised its Q4 2027 EPS estimate to $4.11 (from $3.82), a bullish tweak for the back half of FY2027 that could support near‑term sentiment if results track higher — this partially offsets other cuts by the same shop.
• Neutral Sentiment: Citizens Jmp reaffirmed a “Market Perform” (neutral) rating on DHI, signaling the firm sees limited upside from current levels despite the estimate changes. Citizens Jmp Reaffirms Market Perform
• Neutral Sentiment: Press pieces are urging investors to reassess DHI after a recent ~9% pullback, highlighting valuation and sentiment as drivers of trading rather than new fundamental news. These analyst/market-commentary articles can boost trading interest but are not firm-side developments. Assessing D.R. Horton Valuation Is It Time To Reassess D.R. Horton
• Negative Sentiment: Citizens Jmp cut several near-term estimates — Q1 2027 to $2.01 (from $2.20), Q3 2027 to $3.50 (from $3.83) and trimmed FY2026 to $11.18 (from $11.39) — signaling weaker expected near‑term earnings that could pressure sentiment and valuation.
• Negative Sentiment: Wells Fargo downgraded DHI to “Equal Weight,” indicating reduced conviction in outperformance versus peers; downgrades often prompt profit‑taking. Wells Fargo Cuts to Equal Weight
• Negative Sentiment: Citigroup trimmed its price target to $154 from $163 and kept a neutral stance, a direct downward revision of upside and a likely contributor to short‑term selling pressure. Citigroup Lowers Price Target
• Negative Sentiment: Media coverage summarizing analyst downgrades and valuation concerns (MSN/Yahoo pieces) can amplify volatility as traders respond to clustered negative notes. Citizens Downgrades Coverage

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the company. Wells Fargo & Company reiterated an “equal weight” rating and issued a $155.00 price objective (down previously from $180.00) on shares of D.R. Horton in a research report on Tuesday. Citizens Jmp restated a “market perform” rating on shares of D.R. Horton in a report on Wednesday. BTIG Research assumed coverage on D.R. Horton in a research note on Monday, December 1st. They issued a “buy” rating and a $186.00 target price on the stock. Evercore ISI set a $169.00 target price on D.R. Horton and gave the company an “in-line” rating in a research report on Tuesday, October 7th. Finally, Barclays lifted their price objective on shares of D.R. Horton from $110.00 to $132.00 and gave the stock an “equal weight” rating in a research report on Monday, December 8th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $158.15.

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.