D.R. Horton slides as homebuilder stocks sell off amid softer housing-demand signals

D.R. Horton, Inc. (DHI) is down 4.5% today. Here is some analysis on what might have caused this price movement.

Analysis: DHI appears to be moving mainly with the broader homebuilding group after fresh, cautious commentary on housing-related demand weighed on sentiment. A softer outlook from major home-improvement retailers reinforced investor concerns that elevated mortgage rates and weak housing turnover could limit near-term activity for housing and related categories.

Details:

A broad selloff hit homebuilding stocks alongside a decline in the iShares U.S. Home Construction ETF, suggesting a sector-driven move rather than DHI-specific news.

Lowe’s issued a cautious 2026 outlook despite an earnings beat, with management pointing to persistent pressure from high mortgage rates and a sluggish housing backdrop.

Home Depot commentary earlier in the week also emphasized affordability and financing-cost pressures, with limited signs of a near-term catalyst for a meaningful housing rebound.

In its most recent quarterly update (released January 20, 2026), D.R. Horton reiterated full-year fiscal 2026 guidance, which may not have been enough to offset the market’s renewed macro caution today.

Sources:

Barron’s, MarketWatch, D.R. Horton Investor Relations

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$DHI Insider Trading Activity

$DHI insiders have traded $DHI stock on the open market 4 times in the past 6 months. Of those trades, 0 have been purchases and 4 have been sales.

Here’s a breakdown of recent trading of $DHI stock by insiders over the last 6 months:

DAVID V AULD (Executive Chairman) sold 30,000 shares for an estimated $5,466,411
ARON M. ODOM (SVP, Controller and PAO) has made 0 purchases and 2 sales selling 1,636 shares for an estimated $295,371.
MICHAEL R BUCHANAN sold 1,000 shares for an estimated $180,740

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$DHI Hedge Fund Activity

We have seen 508 institutional investors add shares of $DHI stock to their portfolio, and 697 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 7,158,668 shares (-74.7%) from their portfolio in Q4 2025, for an estimated $1,031,062,952
CAPITAL WORLD INVESTORS added 6,695,592 shares (+22.1%) to their portfolio in Q4 2025, for an estimated $964,366,115
JPMORGAN CHASE & CO removed 3,639,413 shares (-34.6%) from their portfolio in Q4 2025, for an estimated $524,184,654
VIKING GLOBAL INVESTORS LP removed 2,827,032 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $479,097,113
CAPITAL INTERNATIONAL INVESTORS removed 2,331,852 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $335,856,643
QUBE RESEARCH & TECHNOLOGIES LTD removed 2,074,012 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $351,482,813
DZ BANK AG DEUTSCHE ZENTRAL GENOSSENSCHAFTS BANK, FRANKFURT AM MAIN removed 1,929,214 shares (-64.4%) from their portfolio in Q4 2025, for an estimated $277,864,692

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$DHI Congressional Stock Trading

Members of Congress have traded $DHI stock 5 times in the past 6 months. Of those trades, 2 have been purchases and 3 have been sales.

Here’s a breakdown of recent trading of $DHI stock by members of Congress over the last 6 months:

REPRESENTATIVE GILBERT RAY CISNEROS, JR. has traded it 2 times. They made 1 purchase worth up to $15,000 on 11/18 and 1 sale worth up to $15,000 on 01/09.
REPRESENTATIVE LISA C. MCCLAIN has traded it 3 times. They made 1 purchase worth up to $15,000 on 10/30 and 2 sales worth up to $30,000 on 10/31, 10/30.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.

$DHI Analyst Ratings

Wall Street analysts have issued reports on $DHI in the last several months. We have seen 2 firms issue buy ratings on the stock, and 1 firms issue sell ratings.

Here are some recent analyst ratings:

UBS issued a "Buy" rating on 01/06/2026
RBC Capital issued a "Underperform" rating on 10/29/2025
Wells Fargo issued a "Overweight" rating on 09/02/2025

To track analyst ratings and price targets for $DHI, check out Quiver Quantitative's $DHI forecast page.

$DHI Price Targets

Multiple analysts have issued price targets for $DHI recently. We have seen 9 analysts offer price targets for $DHI in the last 6 months, with a median target of $158.0.

Here are some recent targets:

Christopher Graja from Argus Research set a target price of $185.0 on 01/23/2026
Stephen Kim from Evercore ISI Group set a target price of $169.0 on 01/21/2026
Matthew Bouley from Barclays set a target price of $129.0 on 01/21/2026
Rafe Jadrosich from B of A Securities set a target price of $158.0 on 01/21/2026
Anthony Pettinari from Citigroup set a target price of $154.0 on 01/08/2026
Sam Reid from Wells Fargo set a target price of $155.0 on 01/06/2026
John Lovallo from UBS set a target price of $191.0 on 01/06/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.