135,567 D.R. Horton, Inc. $DHI Shares Acquired by Provident Investment Management Inc.

Provident Investment Management Inc. raised its stake in shares of D.R. Horton, Inc. (NYSE:DHI) by 4,532.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 138,558 shares of the construction company’s stock after purchasing an additional 135,567 shares during the period. D.R. Horton accounts for 1.9% of Provident Investment Management Inc.’s holdings, making the stock its 21st biggest position. Provident Investment Management Inc.’s holdings in D.R. Horton were worth $18,934,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of DHI. Caitlin John LLC purchased a new stake in shares of D.R. Horton during the second quarter worth about $25,000. Fiduciary Financial Advisors acquired a new position in shares of D.R. Horton during the 2nd quarter worth about $25,000. Compass Wealth Management LLC purchased a new position in D.R. Horton in the 3rd quarter valued at about $27,000. Bell Investment Advisors Inc purchased a new position in D.R. Horton in the 2nd quarter valued at about $32,000. Finally, Compass Financial Management LLC acquired a new stake in D.R. Horton in the 2nd quarter worth about $31,000. Institutional investors and hedge funds own 90.63% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have commented on the company. Evercore set a $166.00 price objective on D.R. Horton in a research note on Friday, September 25th. Zelman & Associates upgraded D.R. Horton from a “neutral” rating to an “outperform” rating in a research report on Tuesday, July 7th. Citigroup decreased their target price on D.R. Horton from $160.00 to $150.00 and set a “neutral” rating on the stock in a research report on Thursday, October 15th. Weiss Ratings raised D.R. Horton from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, October 15th. Finally, BTIG Research reiterated a “buy” rating and set a $174.00 price target on shares of D.R. Horton in a research report on Tuesday, September 22nd. Five equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, D.R. Horton presently has a consensus rating of “Hold” and an average target price of $156.36.

D.R. Horton Price Performance

Shares of NYSE DHI opened at $147.43 on Monday. The firm has a 50-day simple moving average of $140.92 and a 200-day simple moving average of $146.60. The company has a quick ratio of 1.04, a current ratio of 6.43 and a debt-to-equity ratio of 0.29. The stock has a market capitalization of $41.24 billion, a price-to-earnings ratio of 14.03, a price-to-earnings-growth ratio of 2.30 and a beta of 1.35. D.R. Horton, Inc. has a 52 week low of $130.40 and a 52 week high of $170.79.

Trending Headlines about D.R. Horton

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

• Positive Sentiment: Homebuilder sentiment has improved as mortgage rates and longer-term Treasury yields have eased, potentially supporting housing affordability and future demand. Investors may also be positioning ahead of D.R. Horton’s October 29 earnings release. D.R. Horton Shares Climb as Lower Rates Lift Homebuilders Ahead of Earnings
• Positive Sentiment: D.R. Horton’s board authorized an additional $5 billion in share repurchases, with fiscal 2026 buybacks expected to total at least $3.25 billion. The capital-return program may provide ongoing support for the shares.
• Neutral Sentiment: Stonex Financia maintained a “Hold” rating while forecasting earnings of $10.46 per share for fiscal 2026, $10.75 for fiscal 2027 and $13.27 for fiscal 2028. The estimates imply longer-term earnings growth, but the unchanged rating signals limited near-term conviction.
• Neutral Sentiment: Analysts expect D.R. Horton to report quarterly earnings on October 29, making results on orders, margins, deliveries and management guidance the next major catalyst. D.R. Horton Expected to Post Quarterly Earnings on Thursday
• Negative Sentiment: D.R. Horton reportedly cut its 2026 outlook after missing sales expectations, raising concerns about demand, pricing and profitability in a still-constrained housing market. D.R. Horton Cuts 2026 Outlook Following Sales Miss While Undervalued Narrative Holds
• Negative Sentiment: Pre-earnings analysis expects a decline in quarterly earnings and indicates D.R. Horton lacks the usual signals associated with a likely earnings beat, increasing downside risk if results or guidance disappoint. Analysts Estimate D.R. Horton to Report a Decline in Earnings

D.R. Horton Profile

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.