Rep. Robert Bresnahan, Jr. Sells Off Shares of D.R. Horton, Inc. (NYSE:DHI)

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently sold shares of D.R. Horton, Inc. NYSE: DHI. In a filing disclosed on March 27th, the Representative disclosed that they had sold between $1,001 and $15,000 in D.R. Horton stock on February 25th. The trade occurred in the Representative's "JP MORGAN BROKERAGE ACCOUNT" account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Intuit NASDAQ: INTU on 3/7/2025.
• Sold $1,001 - $15,000 in shares of Tesla NASDAQ: TSLA on 3/6/2025.
• Purchased $1,001 - $15,000 in shares of SEA NYSE: SE on 3/5/2025.
• Sold $1,001 - $15,000 in shares of Credo Technology Group NASDAQ: CRDO on 3/4/2025.
• Purchased $1,001 - $15,000 in shares of Meta Platforms NASDAQ: META on 3/4/2025.
• Purchased $1,001 - $15,000 in shares of Twilio NYSE: TWLO on 3/4/2025.
• Sold $15,001 - $50,000 in shares of Alibaba Group NYSE: BABA on 3/4/2025.
• Purchased $1,001 - $15,000 in shares of Zoom Video Communications NASDAQ: ZM on 3/4/2025.
• Purchased $1,001 - $15,000 in shares of Intel NASDAQ: INTC on 3/3/2025.
• Purchased $1,001 - $15,000 in shares of Snowflake NYSE: SNOW on 3/3/2025.

D.R. Horton Trading Up 0.3 %

DHI traded up $0.40 on Wednesday, reaching $127.81. 1,644,666 shares of the company traded hands, compared to its average volume of 3,595,197. The company has a quick ratio of 1.09, a current ratio of 6.92 and a debt-to-equity ratio of 0.20. The company has a market cap of $40.28 billion, a P/E ratio of 9.03, a price-to-earnings-growth ratio of 0.54 and a beta of 1.80. The firm has a fifty day simple moving average of $132.16 and a two-hundred day simple moving average of $153.89. D.R. Horton, Inc. has a one year low of $124.23 and a one year high of $199.85.

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D.R. Horton (NYSE:DHI - Get Free Report) last announced its quarterly earnings results on Tuesday, January 21st. The construction company reported $2.61 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.37 by $0.24. The firm had revenue of $7.61 billion during the quarter, compared to analyst estimates of $7.12 billion. D.R. Horton had a return on equity of 18.48% and a net margin of 12.69%. D.R. Horton's quarterly revenue was down 1.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.82 earnings per share. As a group, equities research analysts expect that D.R. Horton, Inc. will post 13.04 earnings per share for the current year.

D.R. Horton Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Friday, February 7th were issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.25%. The ex-dividend date of this dividend was Friday, February 7th. D.R. Horton's payout ratio is presently 11.31%.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on DHI. Keefe, Bruyette & Woods downgraded D.R. Horton from an "outperform" rating to a "market perform" rating and decreased their price objective for the company from $200.00 to $183.00 in a report on Tuesday, December 10th. Bank of America downgraded shares of D.R. Horton from a "buy" rating to a "neutral" rating and cut their target price for the company from $160.00 to $150.00 in a research report on Monday, January 27th. UBS Group dropped their price objective on shares of D.R. Horton from $214.00 to $203.00 and set a "buy" rating on the stock in a research note on Wednesday, January 8th. JMP Securities reissued a "market outperform" rating and issued a $210.00 price objective on shares of D.R. Horton in a research note on Wednesday, January 22nd. Finally, The Goldman Sachs Group dropped their target price on D.R. Horton from $200.00 to $171.00 and set a "buy" rating on the stock in a research report on Tuesday, January 14th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating, six have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $170.93.

Institutional Investors Weigh In On D.R. Horton

Several institutional investors have recently added to or reduced their stakes in DHI. Fairtree Asset Management Pty Ltd acquired a new stake in D.R. Horton in the 4th quarter worth approximately $397,000. Wealth Enhancement Advisory Services LLC lifted its stake in shares of D.R. Horton by 13.4% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 621,285 shares of the construction company's stock worth $86,868,000 after buying an additional 73,373 shares during the period. NorthCrest Asset Manangement LLC grew its holdings in shares of D.R. Horton by 2.9% during the fourth quarter. NorthCrest Asset Manangement LLC now owns 12,442 shares of the construction company's stock valued at $1,740,000 after buying an additional 349 shares during the last quarter. Lansforsakringar Fondforvaltning AB publ acquired a new position in shares of D.R. Horton in the 4th quarter valued at $8,874,000. Finally, TFR Capital LLC. purchased a new position in D.R. Horton in the 4th quarter worth $1,787,000. Institutional investors and hedge funds own 90.63% of the company's stock.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania's 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania's 8th Congressional District. He declared candidacy for the 2026 election. Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

About D.R. Horton

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.