MTHNYSEOperative BuildersFiscal year ends December 31
Meritage Homes CORP
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 31, 2026
$58.38−0.79 (-1.34%)
Close on Oct 19, 2026
- Market cap
- $3.86B
- P/E (TTM)
- 12.2
- Dividend yield
- 0.74%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
100.0%
68M of 65M shares
Institutional holders
400
57 new, 62 sold out
Net institutional buying
2M
In Q2 2026
Insider trades, 12 months
0 buys · 22 sales
Net sold $5.02M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Vanguard Portfolio Management | 4,002,986 | 6.00% | 13G (passive) | Mar 31, 2026 |
| Abigail P. Johnson | 3,814,465 | 5.40% | 13G (passive) | Dec 31, 2025 |
| State Street Corporation | 3,576,303 | 5.00% | 13G (passive) | Sep 30, 2025 |
| Vanguard Capital Management | 3,390,713 | 5.08% | 13G (passive) | Mar 31, 2026 |
| BlackRock, Inc. | 10,867,741 | 15.10% | 13G (passive) amendment | Jun 30, 2025 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of MTH | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 12,228,015 | 18.76% | $1.03B | +503,452 | 0.02% |
| Vanguard Portfolio Management LLC | 4,046,067 | 6.21% | $339.26M | +78,631 | 0.02% |
| FMR LLC | 3,916,619 | 6.01% | $328.41M | +328,569 | 0.01% |
| State Street Corp | 3,594,997 | 5.52% | $301.44M | +140,265 | 0.01% |
| Vanguard Capital Management LLC | 2,896,044 | 4.44% | $242.83M | +13,234 | 0.01% |
| Dimensional Fund Advisors LP | 2,873,406 | 4.41% | $240.94M | −4,562 | 0.04% |
| Capital World Investors | 2,042,101 | 3.13% | $171.23M | +54,251 | 0.02% |
| Two Sigma Investments, LP | 1,839,080 | 2.82% | $154.21M | +438,051 | 0.11% |
| Geode Capital Management, LLC | 1,718,277 | 2.64% | $144.10M | +56,536 | 0.01% |
| Goldman Sachs Group Inc | 1,443,063 | 2.21% | $121.00M | +45,274 | 0.01% |
| Bamco Inc /Ny/ | 1,341,653 | 2.06% | $112.50M | New | 0.17% |
| Greenhaven Associates Inc | 1,297,494 | 1.99% | $108.79M | −157,355 | 1.26% |
| Earnest Partners LLC | 1,296,501 | 1.99% | $108.71M | −50,712 | 0.39% |
| UBS Group AG | 1,155,013 | 1.77% | $96.85M | +463,423 | 0.01% |
| Millennium Management LLC | 1,120,468 | 1.72% | $93.95M | +270,044 | 0.03% |
| Charles Schwab Investment Management Inc | 1,036,907 | 1.59% | $86.94M | +54,698 | 0.01% |
| Norges Bank | 931,561 | 1.43% | $78.11M | New | 0.01% |
| T. Rowe Price Investment Management, Inc. | 900,240 | 1.38% | $75.49K | +715,501 | 0.05% |
| Bank of New York Mellon Corp | 821,387 | 1.26% | $68.87M | −1,935 | 0.01% |
| Morgan Stanley | 804,790 | 1.23% | $67.48M | −148,183 | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 400 | 68M | 100.0% | 57 / 152 | 144 / 62 | 9M | 7M |
| Q1 2026 | 411 | 66M | 100.0% | 68 / 137 | 162 / 51 | 13M | 9M |
| Q4 2025 | 402 | 70M | 100.0% | 63 / 140 | 158 / 62 | 8M | 8M |
| Q3 2025 | 408 | 70M | 100.0% | 64 / 141 | 148 / 47 | 10M | 11M |
| Q2 2025 | 394 | 72M | 100.0% | 62 / 166 | 131 / 54 | 8M | 7M |
| Q1 2025 | 391 | 70M | 100.0% | 61 / 143 | 145 / 60 | 8M | 8M |
| Q4 2024 | 396 | 71M | 100.0% | 61 / 147 | 139 / 82 | 8M | 10M |
| Q3 2024 | 422 | 72M | 100.0% | 76 / 142 | 150 / 48 | 20M | 6M |
| Q2 2024 | 395 | 71M | 100.0% | 75 / 144 | 126 / 43 | 6M | 8M |
| Q1 2024 | 365 | 73M | 100.0% | 51 / 120 | 148 / 54 | 6M | 6M |
| Q4 2023 | 370 | 73M | 100.0% | 68 / 128 | 139 / 41 | 7M | 6M |
| Q3 2023 | 348 | 72M | 100.0% | 57 / 113 | 130 / 42 | 5M | 8M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of MTH | Value | % of fund | As of |
|---|---|---|---|---|---|
| iShares Core S&P Small-Cap ETF | 4,018,460 | 6.17% | $336.95M | 0.30% | Jun 30, 2026 |
| Vanguard Total Stock Market Index Fund | 2,014,383 | 3.09% | $168.91M | 0.01% | Jun 30, 2026 |
| SMALLCAP World Fund Inc | 1,987,850 | 3.05% | $166.68M | 0.18% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 1,713,676 | 2.63% | $143.69M | 0.17% | Jun 30, 2026 |
| Vanguard Small-Cap Index Fund | 1,452,903 | 2.23% | $121.83M | 0.06% | Jun 30, 2026 |
| Fidelity Low-Priced Stock Fund | 1,304,331 | 2.00% | $91.56M | 0.37% | Jul 31, 2026 |
| Baron Real Estate Fund | 1,148,300 | 1.76% | $96.28M | 4.20% | Jun 30, 2026 |
| Vanguard Small-Cap Value Index Fund | 920,584 | 1.41% | $77.19M | 0.11% | Jun 30, 2026 |
| U.S. Small Cap Value Portfolio | 800,533 | 1.23% | $56.20M | 0.29% | Jul 31, 2026 |
| Vanguard Explorer Fund | 772,275 | 1.18% | $54.21M | 0.25% | Jul 31, 2026 |
| Vanguard Extended Market Index Fund | 764,933 | 1.17% | $64.14M | 0.07% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 731,052 | 1.12% | $51.32M | 0.15% | Jul 31, 2026 |
| State Street(R) SPDR(R) S&P(R) Homebuilders ETF | 685,068 | 1.05% | $57.44M | 3.52% | Jun 30, 2026 |
| iShares U.S. Home Construction ETF | 644,153 | 0.99% | $54.01M | 2.08% | Jun 30, 2026 |
| iShares Russell 2000 Value ETF | 625,096 | 0.96% | $52.41M | 0.36% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Steven J. Hilton | Executive Chairman, Director | 863,021 | 1.32% | May 13, 2026 |
| Phillippe Lord | Chief Executive Officer, Director | 379,002 | 0.58% | Mar 25, 2026 |
| Alison Sasser | SVP - Chief Accounting Officer | 7,634 | 0.01% | May 13, 2026 |
| Austin M. Woffinden | EVP, Corp. Ops & Strategy | 15,506 | 0.02% | Mar 25, 2026 |
| Hilla Sferruzza | EVP- Chief Financial Officer | 163,146 | 0.25% | Mar 25, 2026 |
| Javier Feliciano | EVP Chief People Officer | 63,391 | 0.10% | Mar 25, 2026 |
| Malissia Clinton | EVP - Gen. Counsel, Secretary | 20,167 | 0.03% | Mar 25, 2026 |
| Clinton Szubinski | EVP - Chief Operating Officer | 48,536 | 0.07% | Mar 4, 2025 |
| R. Odell Michael | Director | 9,300 | 0.01% | Feb 23, 2026 |
| Joseph Keough | Director | 3,100 | 0.00% | Feb 23, 2026 |
| Geisha J. Williams | Director | 6,300 | 0.01% | Feb 23, 2026 |
| Erin N. Lantz | Director | 3,100 | 0.00% | Feb 23, 2026 |
| P. Kelly Mooney | Director | 3,100 | 0.00% | Feb 23, 2026 |
| Deborah A. Henretta | Director | 9,300 | 0.01% | Feb 23, 2026 |
| Peter L. Ax | Director | 48,058 | 0.07% | Feb 23, 2026 |
| Dana Bradford | Director | 1,009,300 | 1.55% | Feb 23, 2026 |
| Louis E. Caldera | Director | 3,100 | 0.00% | Feb 23, 2026 |
| Dennis V. Arriola | Director | 12,712 | 0.02% | Jul 29, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Steven J. Hilton Executive Chairman, Director | May 12, 2026 | Gift | +11,000 | – | – | 841,603 |
| Steven J. Hilton Executive Chairman, Director | May 12, 2026 | Gift | −11,000 | – | – | 830,603 |
| Alison Sasser SVP - Chief Accounting Officer | May 12, 2026 | Sale | −1,273 | $62.11 | $79.07K | 7,634 |
| Phillippe Lord Chief Executive Officer, Director | Mar 23, 2026 | Award | +48,907 | – | – | 118,613 |
| Steven J. Hilton Executive Chairman, Director | Mar 23, 2026 | Award | +8,151 | – | – | 21,418 |
| Malissia Clinton EVP - Gen. Counsel, Secretary | Mar 23, 2026 | Award | +7,760 | – | – | 20,167 |
| Hilla Sferruzza EVP- Chief Financial Officer | Mar 23, 2026 | Award | +14,672 | – | – | 38,185 |
| Austin M. Woffinden EVP, Corp. Ops & Strategy | Mar 23, 2026 | Award | +7,845 | – | – | 15,506 |
| Javier Feliciano EVP Chief People Officer | Mar 23, 2026 | Award | +7,346 | – | – | 18,456 |
| Austin M. Woffinden EVP, Corp. Ops & Strategy | Feb 24, 2026 | Sale(10b5-1 plan) | −143 | $76.80 | $10.98K | 20,595 |
| Alison Sasser SVP - Chief Accounting Officer | Feb 24, 2026 | Sale(10b5-1 plan) | −151 | $76.80 | $11.60K | 8,907 |
| Hilla Sferruzza EVP- Chief Financial Officer | Feb 23, 2026 | Sale(10b5-1 plan) | −200 | $77.59 | $15.52K | 124,961 |
| Hilla Sferruzza EVP- Chief Financial Officer | Feb 23, 2026 | Sale(10b5-1 plan) | −5,618 | $76.62 | $430.45K | 125,161 |
| Hilla Sferruzza EVP- Chief Financial Officer | Feb 23, 2026 | Sale(10b5-1 plan) | −5,110 | $76.00 | $388.36K | 130,779 |
| Phillippe Lord Chief Executive Officer, Director | Feb 23, 2026 | Sale(10b5-1 plan) | −6,688 | $76.05 | $508.62K | 286,521 |
| Phillippe Lord Chief Executive Officer, Director | Feb 23, 2026 | Sale(10b5-1 plan) | −25,963 | $76.60 | $1.99M | 260,558 |
| Phillippe Lord Chief Executive Officer, Director | Feb 23, 2026 | Sale(10b5-1 plan) | −169 | $77.81 | $13.15K | 260,389 |
| Steven J. Hilton Executive Chairman, Director | Feb 23, 2026 | Sale(10b5-1 plan) | −600 | $77.29 | $46.37K | 841,603 |
| Steven J. Hilton Executive Chairman, Director | Feb 23, 2026 | Sale(10b5-1 plan) | −4,235 | $75.97 | $321.73K | 842,203 |
| Javier Feliciano EVP Chief People Officer | Feb 23, 2026 | Sale(10b5-1 plan) | −2,910 | $75.99 | $221.13K | 45,605 |
| Javier Feliciano EVP Chief People Officer | Feb 23, 2026 | Sale(10b5-1 plan) | −115 | $77.86 | $8.95K | 44,935 |
| Javier Feliciano EVP Chief People Officer | Feb 23, 2026 | Sale(10b5-1 plan) | −555 | $77.20 | $42.85K | 45,050 |
| Malissia Clinton EVP - Gen. Counsel, Secretary | Feb 23, 2026 | Sale(10b5-1 plan) | −4,405 | $75.90 | $334.34K | 19,983 |
| Malissia Clinton EVP - Gen. Counsel, Secretary | Feb 23, 2026 | Sale(10b5-1 plan) | −548 | $77.05 | $42.22K | 19,435 |
| Malissia Clinton EVP - Gen. Counsel, Secretary | Feb 23, 2026 | Sale(10b5-1 plan) | −232 | $77.82 | $18.05K | 19,203 |
| Alison Sasser SVP - Chief Accounting Officer | Feb 20, 2026 | Sale(10b5-1 plan) | −158 | $78.16 | $12.35K | 8,508 |
| Phillippe Lord Chief Executive Officer, Director | Feb 20, 2026 | Award | +39,341 | – | – | 293,209 |
| Steven J. Hilton Executive Chairman, Director | Feb 20, 2026 | Award | +5,925 | – | – | 846,438 |
| Javier Feliciano EVP Chief People Officer | Feb 20, 2026 | Award | +6,259 | – | – | 48,515 |
| Hilla Sferruzza EVP- Chief Financial Officer | Feb 20, 2026 | Award | +14,080 | – | – | 135,889 |
| Malissia Clinton EVP - Gen. Counsel, Secretary | Feb 20, 2026 | Award | +8,001 | – | – | 24,388 |
| Austin M. Woffinden EVP, Corp. Ops & Strategy | Feb 20, 2026 | Sale(10b5-1 plan) | −263 | $78.16 | $20.56K | 20,215 |
| Peter L. Ax Director | Feb 19, 2026 | Award | +3,100 | – | – | 9,300 |
| P. Kelly Mooney Director | Feb 19, 2026 | Award | +3,100 | – | – | 3,100 |
| Dana Bradford Director | Feb 19, 2026 | Award | +3,100 | – | – | 9,300 |
| Joseph Keough Director | Feb 19, 2026 | Award | +3,100 | – | – | 3,100 |
| Erin N. Lantz Director | Feb 19, 2026 | Award | +3,100 | – | – | 3,100 |
| R. Odell Michael Director | Feb 19, 2026 | Award | +3,100 | – | – | 9,300 |
| Deborah A. Henretta Director | Feb 19, 2026 | Award | +3,100 | – | – | 9,300 |
| Geisha J. Williams Director | Feb 19, 2026 | Award | +3,100 | – | – | 3,100 |
| Louis E. Caldera Director | Feb 19, 2026 | Award | +3,100 | – | – | 3,100 |
| Alison Sasser SVP - Chief Accounting Officer | Feb 18, 2026 | Award | +2,658 | – | – | 10,103 |
| Alison Sasser SVP - Chief Accounting Officer | Feb 18, 2026 | Sale(10b5-1 plan) | −680 | $79.46 | $54.03K | 8,093 |
| Austin M. Woffinden EVP, Corp. Ops & Strategy | Feb 18, 2026 | Sale(10b5-1 plan) | −647 | $79.46 | $51.41K | 19,523 |
| Phillippe Lord Chief Executive Officer, Director | Feb 18, 2026 | Gift | −5,000 | – | – | 0 |
| Phillippe Lord Chief Executive Officer, Director | Feb 18, 2026 | Gift | +5,000 | – | – | 221,320 |
| Phillippe Lord Chief Executive Officer, Director | Feb 18, 2026 | Sale | −5,000 | $80.07 | $400.35K | 216,320 |
| Phillippe Lord Chief Executive Officer, Director | Aug 22, 2025 | Sale | −6,950 | $80.01 | $556.07K | 221,320 |
| Malissia Clinton EVP - Gen. Counsel, Secretary | Aug 12, 2025 | Sale(10b5-1 plan) | −5,361 | $71.49 | $383.26K | 9,906 |
| Malissia Clinton EVP - Gen. Counsel, Secretary | Aug 12, 2025 | Sale(10b5-1 plan) | −1,157 | $72.05 | $83.36K | 8,749 |
| Malissia Clinton EVP - Gen. Counsel, Secretary | Aug 10, 2025 | Award | +8,623 | – | – | 15,267 |
| Dennis V. Arriola Director | Jul 25, 2025 | Buy | +2,200 | $70.00 | $154.00K | 9,512 |
| Dennis V. Arriola Director | Jun 30, 2025 | Small purchase | +47 | $66.62 | $3.13K | 7,312 |
| Joseph Keough Director | Jun 12, 2025 | Buy | +4,000 | $66.16 | $264.64K | 41,700 |
| Dennis V. Arriola Director | Mar 31, 2025 | Small purchase | +45 | $69.62 | $3.13K | 7,265 |
| Joseph Keough Director | Mar 13, 2025 | Buy | +5,000 | $69.28 | $346.40K | 37,700 |
| Phillippe Lord Chief Executive Officer, Director | Mar 10, 2025 | Gift | +3,950 | – | – | 228,270 |
| Phillippe Lord Chief Executive Officer, Director | Mar 10, 2025 | Gift | −3,950 | – | – | 224,320 |
| Hilla Sferruzza EVP- Chief Financial Officer | Mar 3, 2025 | Sale(10b5-1 plan) | −13,621 | $71.77 | $977.58K | 109,313 |
| Hilla Sferruzza EVP- Chief Financial Officer | Mar 3, 2025 | Sale(10b5-1 plan) | −946 | $72.37 | $68.46K | 108,367 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Sasser Alison Officer | May 12, 2026 | 1,273 | $78.99K | May 12, 2026 | Vested Restricted Shares |
| Sasser Alison OFFICER | Feb 24, 2026 | 151 | $11.58K | Feb 24, 2026 | VESTED RESTRICTED SHARES |
| Woffinden Austin OFFICER | Feb 24, 2026 | 143 | $10.96K | Feb 24, 2026 | RESTRICTED VESTED SHARES |
| Lord Phillippe OFFICER | Feb 23, 2026 | 32,820 | $2.51M | Feb 23, 2026 | VESTED RESTRICTED SHARES |
| Sferruzza Hilla OFFICER | Feb 23, 2026 | 10,928 | $834.00K | Feb 23, 2026 | VESTED RESTRICTED SHARES |
| Clinton Malissia OFFICER | Feb 23, 2026 | 5,185 | $394.44K | Feb 23, 2026 | VESTED RESTRICTED SHARES |
| Hilton Steve OFFICER | Feb 23, 2026 | 4,835 | $367.93K | Feb 23, 2026 | VESTED RESTRICTED SHARES |
| Feliciano Javier OFFICER | Feb 23, 2026 | 3,580 | $272.79K | Feb 23, 2026 | VESTED RESTRICTED SHARES |
| Sasser Alison OFFICER | Feb 20, 2026 | 158 | $12.33K | Feb 20, 2026 | VESTED RESTRICTED SHARES |
| Woffinden Austin OFFICER | Feb 20, 2026 | 263 | $20.54K | Feb 20, 2026 | RESTRICTED VESTED SHARES |
| Lord Phillippe OFFICER | Feb 18, 2026 | 5,000 | $400.35K | Feb 18, 2026 | VESTED RESTRICTED SHARES |
| Sasser Alison OFFICER | Feb 18, 2026 | 680 | $54.01K | Feb 18, 2026 | VESTED RESTRICTED SHARES |
| Woffinden Austin OFFICER | Feb 18, 2026 | 647 | $51.39K | Feb 18, 2026 | VESTED RESTRICTED SHARES |
| Phillippe Lord Officer | Aug 22, 2025 | 6,950 | $556.07K | Aug 22, 2025 | VESTED RESTRICTED SHARES |
| Malissia Clinton Officer | Aug 12, 2025 | 6,518 | $466.40K | Aug 12, 2025 | VESTED RESTRICTED SHARES |