Rep. Josh Gottheimer Purchases Shares of D.R. Horton, Inc. (NYSE:DHI)

Posted by Tristan Rich on Feb 13th, 2025

Representative Josh Gottheimer (D-New Jersey) recently bought shares of D.R. Horton, Inc. (NYSE:DHI). In a filing disclosed on February 10th, the Representative disclosed that they had bought between $1,001 and $15,000 in D.R. Horton stock on January 16th. The trade occurred in the Representative’s “MORGAN STANLEY – SELECT UMA ACCOUNT # 1” account.

Representative Josh Gottheimer also recently made the following trade(s):

Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 1/31/2025.
Sold $1,001 – $15,000 in shares of Arista Networks (NYSE:ANET) on 1/31/2025.
Purchased $1,001 – $15,000 in shares of Visa (NYSE:V) on 1/31/2025.
Purchased $1,001 – $15,000 in shares of Tesla (NASDAQ:TSLA) on 1/31/2025.
Purchased $1,001 – $15,000 in shares of Alibaba Group (NYSE:BABA) on 1/31/2025.
Purchased $1,001 – $15,000 in shares of Twilio (NYSE:TWLO) on 1/31/2025.
Sold $1,001 – $15,000 in shares of ICF International (NASDAQ:ICFI) on 1/31/2025.
Purchased $1,001 – $15,000 in shares of Mastercard (NYSE:MA) on 1/31/2025.
Purchased $1,001 – $15,000 in shares of Visa (NYSE:V) on 1/30/2025.
Purchased $1,001 – $15,000 in shares of 3M (NYSE:MMM) on 1/30/2025.

D.R. Horton Price Performance

D.R. Horton stock opened at $127.77 on Thursday. The firm has a market capitalization of $40.26 billion, a PE ratio of 9.03, a P/E/G ratio of 0.58 and a beta of 1.76. D.R. Horton, Inc. has a 52 week low of $125.84 and a 52 week high of $199.85. The firm’s 50-day simple moving average is $142.72 and its 200 day simple moving average is $166.70. The company has a quick ratio of 1.09, a current ratio of 6.92 and a debt-to-equity ratio of 0.20.

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 the consensus estimate of $2.37 by $0.24. The company had revenue of $7.61 billion for the quarter, compared to the consensus estimate of $7.12 billion. D.R. Horton had a net margin of 12.69% and a return on equity of 18.48%. The company’s revenue for the quarter was down 1.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.82 earnings per share. On average, equities research analysts predict that D.R. Horton, Inc. will post 13.04 EPS for the current fiscal year.

D.R. Horton Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, February 14th. Stockholders of record on Friday, February 7th will be paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 1.25%. The ex-dividend date is Friday, February 7th. D.R. Horton’s dividend payout ratio (DPR) is presently 11.31%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on DHI shares. Royal Bank of Canada reiterated an “underperform” rating and set a $125.00 target price on shares of D.R. Horton in a report on Wednesday, January 22nd. Raymond James cut D.R. Horton from an “outperform” rating to a “market perform” rating in a research report on Thursday, November 7th. Wells Fargo & Company reduced their target price on shares of D.R. Horton from $190.00 to $175.00 and set an “overweight” rating on the stock in a report on Tuesday, December 17th. BTIG Research decreased their price target on shares of D.R. Horton from $190.00 to $186.00 and set a “buy” rating on the stock in a research note on Wednesday, October 30th. Finally, StockNews.com raised shares of D.R. Horton from a “sell” rating to a “hold” rating in a research report on Saturday, January 25th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $170.93.

Read Our Latest Report on DHI

Institutional Trading of D.R. Horton

A number of institutional investors and hedge funds have recently made changes to their positions in DHI. Mountaineer Partners Management LLC acquired a new stake in D.R. Horton during the third quarter worth about $1,853,178,000. Norges Bank purchased a new stake in D.R. Horton during the fourth quarter worth approximately $593,363,000. FMR LLC grew its stake in D.R. Horton by 44.7% during the third quarter. FMR LLC now owns 7,906,129 shares of the construction company’s stock worth $1,508,252,000 after buying an additional 2,442,581 shares during the period. Franklin Resources Inc. increased its position in shares of D.R. Horton by 71.5% in the fourth quarter. Franklin Resources Inc. now owns 3,574,409 shares of the construction company’s stock worth $499,774,000 after acquiring an additional 1,490,648 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new position in shares of D.R. Horton in the 4th quarter valued at $98,720,000. 90.63% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at D.R. Horton

In related news, Director Barbara K. Allen sold 5,650 shares of the business’s stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $163.10, for a total transaction of $921,515.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 0.54% of the company’s stock.

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey’s 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027.

Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey’s 5th Congressional District. He declared candidacy for the 2026 election.

Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025.

Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

About D.R. Horton

(Get Free Report)

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.