GSA Capital Partners LLP Increases Position in Meritage Homes Corporation $MTH

GSA Capital Partners LLP increased its stake in Meritage Homes Corporation (NYSE:MTH) by 164.5% in the 4th quarter, Holdings Channel reports. The fund owned 21,008 shares of the construction company’s stock after buying an additional 13,065 shares during the quarter. GSA Capital Partners LLP’s holdings in Meritage Homes were worth $1,382,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in MTH. Capital World Investors grew its position in Meritage Homes by 44.3% in the third quarter. Capital World Investors now owns 1,987,850 shares of the construction company’s stock worth $143,980,000 after acquiring an additional 609,866 shares in the last quarter. Balyasny Asset Management L.P. boosted its position in Meritage Homes by 58.9% during the second quarter. Balyasny Asset Management L.P. now owns 1,423,013 shares of the construction company’s stock valued at $95,299,000 after buying an additional 527,265 shares during the period. Goldman Sachs Group Inc. boosted its position in Meritage Homes by 58.6% during the first quarter. Goldman Sachs Group Inc. now owns 1,058,850 shares of the construction company’s stock valued at $75,051,000 after buying an additional 391,297 shares during the period. Lodge Hill Capital LLC purchased a new stake in Meritage Homes during the third quarter valued at about $21,729,000. Finally, Sophron Capital Management L.P. purchased a new stake in Meritage Homes during the second quarter valued at about $17,613,000. 98.44% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, CAO Alison Sasser sold 1,273 shares of the company’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $62.11, for a total transaction of $79,066.03. Following the completion of the transaction, the chief accounting officer directly owned 7,634 shares of the company’s stock, valued at approximately $474,147.74. This represents a 14.29% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Javier Feliciano sold 3,580 shares of the company’s stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $76.24, for a total transaction of $272,939.20. Following the transaction, the executive vice president directly owned 44,935 shares of the company’s stock, valued at approximately $3,425,844.40. This trade represents a 7.38% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 48,895 shares of company stock valued at $3,719,339. 2.50% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several research firms have issued reports on MTH. Zacks Research lowered shares of Meritage Homes from a “hold” rating to a “strong sell” rating in a research report on Tuesday, May 12th. JPMorgan Chase & Co. cut their price target on shares of Meritage Homes from $62.00 to $58.00 and set a “neutral” rating for the company in a research report on Tuesday, April 28th. UBS Group set a $86.00 price target on shares of Meritage Homes and gave the company a “buy” rating in a research report on Friday, April 24th. Truist Financial set a $80.00 price target on shares of Meritage Homes and gave the company a “buy” rating in a research report on Thursday, April 16th. Finally, Bank of America cut their price target on shares of Meritage Homes from $74.00 to $72.00 and set a “neutral” rating for the company in a research report on Monday, April 20th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $79.89.

Key Stories Impacting Meritage Homes

Here are the key news stories impacting Meritage Homes this week:

• Positive Sentiment: Zacks Research raised Meritage Homes’ earnings estimates for several future periods, including Q2 2026, Q3 2026, Q4 2026, FY2026, FY2027, and FY2028, signaling slightly better profit expectations. Meritage Homes stock page
• Neutral Sentiment: Despite the higher estimates, Zacks Research maintained a Strong Sell rating on Meritage Homes, suggesting analysts still see meaningful risk or limited upside. Meritage Homes stock page
• Neutral Sentiment: The updated forecasts are only incremental changes, so the news is more supportive than transformative for the stock. Meritage Homes stock page

Meritage Homes Stock Performance

Shares of NYSE:MTH opened at $63.79 on Thursday. The company has a market cap of $4.25 billion, a price-to-earnings ratio of 11.70, a price-to-earnings-growth ratio of 2.69 and a beta of 1.43. The company has a 50-day moving average price of $64.09 and a 200-day moving average price of $68.81. The company has a current ratio of 1.96, a quick ratio of 1.96 and a debt-to-equity ratio of 0.36. Meritage Homes Corporation has a 12 month low of $58.03 and a 12 month high of $84.74.

Meritage Homes (NYSE:MTH) last issued its quarterly earnings data on Wednesday, April 22nd. The construction company reported $0.86 EPS for the quarter, missing the consensus estimate of $0.98 by ($0.12). The firm had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.55 billion. Meritage Homes had a net margin of 6.86% and a return on equity of 8.08%. The business’s revenue was down 17.5% on a year-over-year basis. During the same period last year, the company posted $1.69 earnings per share. As a group, equities analysts anticipate that Meritage Homes Corporation will post 5.01 EPS for the current year.

Meritage Homes Company Profile

Meritage Homes Corporation is a national homebuilder and residential developer headquartered in Scottsdale, Arizona. Founded in 1985 as Winchester Homes and later rebranded to Meritage Homes, the company specializes in designing, constructing and selling single‐family detached and attached homes. With a focus on energy efficiency and sustainable building practices, Meritage Homes markets its properties under the GreenSmart program, which integrates high‐performance features aimed at reducing long‐term energy and water consumption for homebuyers.

The company’s core activities encompass land acquisition, residential community planning, home design, construction management and real estate sales.