Fidelis Capital Partners LLC Purchases 437 Shares of D.R. Horton, Inc. (NYSE:DHI)

Fidelis Capital Partners LLC grew its stake in shares of D.R. Horton, Inc. (NYSE:DHI) by 9.8% in the first quarter, HoldingsChannel.com reports. The fund owned 4,906 shares of the construction company’s stock after acquiring an additional 437 shares during the quarter. Fidelis Capital Partners LLC’s holdings in D.R. Horton were worth $611,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Olde Wealth Management LLC bought a new stake in shares of D.R. Horton during the 1st quarter valued at $26,000. Nemes Rush Group LLC lifted its position in shares of D.R. Horton by 74.5% during the 4th quarter. Nemes Rush Group LLC now owns 192 shares of the construction company’s stock valued at $27,000 after acquiring an additional 82 shares during the period. Itau Unibanco Holding S.A. bought a new stake in shares of D.R. Horton during the 4th quarter valued at $43,000. Oarsman Capital Inc. lifted its position in shares of D.R. Horton by 146.7% during the 4th quarter. Oarsman Capital Inc. now owns 333 shares of the construction company’s stock valued at $46,000 after acquiring an additional 198 shares during the period. Finally, Physician Wealth Advisors Inc. bought a new stake in shares of D.R. Horton during the 4th quarter valued at $54,000. 90.63% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the company. Wall Street Zen cut D.R. Horton from a “hold” rating to a “sell” rating in a report on Saturday. Keefe, Bruyette & Woods lowered their price target on D.R. Horton from $165.00 to $135.00 and set a “market perform” rating for the company in a report on Tuesday, April 22nd. Bank of America lowered their price target on D.R. Horton from $150.00 to $125.00 and set a “neutral” rating for the company in a report on Thursday, April 17th. Softer demand and elevated incentives impacting outlook through H2 2025 JPMorgan Chase & Co. lowered their price target on D.R. Horton from $132.00 to $111.00 and set an “underweight” rating for the company in a report on Monday, April 21st. Finally, Barclays lowered their price target on D.R. Horton from $120.00 to $110.00 and set an “equal weight” rating for the company in a report on Monday, April 21st. Three analysts have rated the stock with a sell rating, six have given a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $151.15.

D.R. Horton Price Performance

Shares of DHI opened at $136.79 on Friday. The stock has a market cap of $42.02 billion, a PE ratio of 10.36, a PEG ratio of 4.36 and a beta of 1.38. The business has a 50-day simple moving average of $125.12 and a two-hundred day simple moving average of $129.31. The company has a quick ratio of 1.15, a current ratio of 7.29 and a debt-to-equity ratio of 0.26. D.R. Horton, Inc. has a 12-month low of $110.44 and a 12-month high of $199.85.

D.R. Horton (NYSE:DHI) last issued its quarterly earnings results on Thursday, April 17th. The construction company reported $2.58 earnings per share for the quarter, missing the consensus estimate of $2.69 by ($0.11). The company had revenue of $7.73 billion during the quarter, compared to analyst estimates of $8.07 billion. D.R. Horton had a net margin of 12.15% and a return on equity of 16.95%. During the same period in the previous year, the company posted $3.52 EPS. Analysts anticipate that D.R. Horton, Inc. will post 13.04 earnings per share for the current fiscal year.

D.R. Horton Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 9th. Stockholders of record on Friday, May 2nd were paid a $0.40 dividend. The ex-dividend date of this dividend was Friday, May 2nd. This represents a $1.60 annualized dividend and a dividend yield of 1.17%. D.R. Horton’s payout ratio is 12.11%.

Insider Buying and Selling at D.R. Horton

In other news, Director Michael R. Buchanan sold 2,150 shares of the stock in a transaction dated Tuesday, June 24th. The stock was sold at an average price of $127.70, for a total value of $274,555.00. Following the completion of the sale, the director owned 2,193 shares of the company’s stock, valued at approximately $280,046.10. This represents a 49.50% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 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.