Radnor Capital Management LLC Has $1.38 Million Stock Position in Meritage Homes Corporation $MTH

by · The Cerbat Gem

Radnor Capital Management LLC raised its position in Meritage Homes Corporation (NYSE:MTH – Free Report) by 288.8% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 19,098 shares of the construction company’s stock after acquiring an additional 14,186 shares during the period. Radnor Capital Management LLC’s holdings in Meritage Homes were worth $1,383,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of MTH. Graham Capital Management L.P. lifted its stake in Meritage Homes by 108.2% during the first quarter. Graham Capital Management L.P. now owns 7,754 shares of the construction company’s stock worth $550,000 after purchasing an additional 4,030 shares during the period. Royal Bank of Canada lifted its position in shares of Meritage Homes by 134.3% during the 1st quarter. Royal Bank of Canada now owns 38,658 shares of the construction company’s stock worth $2,740,000 after buying an additional 22,162 shares during the period. Amundi boosted its stake in Meritage Homes by 63.3% in the 1st quarter. Amundi now owns 31,478 shares of the construction company’s stock valued at $2,103,000 after buying an additional 12,197 shares in the last quarter. AQR Capital Management LLC grew its position in Meritage Homes by 51.7% in the first quarter. AQR Capital Management LLC now owns 12,937 shares of the construction company’s stock valued at $917,000 after acquiring an additional 4,407 shares during the period. Finally, Integrated Wealth Concepts LLC raised its stake in Meritage Homes by 137.8% during the first quarter. Integrated Wealth Concepts LLC now owns 44,726 shares of the construction company’s stock worth $3,170,000 after acquiring an additional 25,914 shares in the last quarter. Institutional investors and hedge funds own 98.44% of the company’s stock.

Meritage Homes Stock Up 0.5%

Meritage Homes stock opened at $66.13 on Friday. The firm has a market capitalization of $4.66 billion, a price-to-earnings ratio of 6.72 and a beta of 1.48. The company’s 50 day simple moving average is $68.71 and its 200 day simple moving average is $71.30. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.95 and a quick ratio of 1.95. Meritage Homes Corporation has a fifty-two week low of $59.27 and a fifty-two week high of $84.74.

Meritage Homes (NYSE:MTH – Get Free Report) last posted its quarterly earnings data on Tuesday, October 28th. The construction company reported $1.39 EPS for the quarter, missing the consensus estimate of $1.71 by ($0.32). The company had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.48 billion. Meritage Homes had a net margin of 8.96% and a return on equity of 10.37%. The company’s revenue was down 11.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $5.34 earnings per share. Meritage Homes has set its Q4 2025 guidance at 1.510-1.700 EPS. As a group, sell-side analysts anticipate that Meritage Homes Corporation will post 9.44 EPS for the current year.

Meritage Homes Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Wednesday, December 17th were paid a $0.43 dividend. This represents a $1.72 annualized dividend and a yield of 2.6%. The ex-dividend date was Wednesday, December 17th. Meritage Homes’s dividend payout ratio (DPR) is 17.48%.

Wall Street Analyst Weigh In

MTH has been the topic of several analyst reports. Evercore ISI set a $77.00 target price on shares of Meritage Homes and gave the stock an “in-line” rating in a report on Thursday, December 4th. Wall Street Zen upgraded shares of Meritage Homes from a “sell” rating to a “hold” rating in a research note on Saturday. Weiss Ratings reissued a “hold (c)” rating on shares of Meritage Homes in a report on Monday, December 29th. Bank of America decreased their price target on Meritage Homes from $85.00 to $80.00 and set a “buy” rating on the stock in a research report on Friday, October 10th. Finally, JPMorgan Chase & Co. lifted their price objective on Meritage Homes from $60.00 to $69.00 and gave the company a “neutral” rating in a research report on Tuesday, November 4th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Meritage Homes has a consensus rating of “Hold” and an average price target of $84.57.

Get Our Latest Research Report on Meritage Homes

Meritage Homes Profile

(Free Report)

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.

Featured Stories

Want to see what other hedge funds are holding MTH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Meritage Homes Corporation (NYSE:MTH – Free Report).