In its first-quarter 2026 investor letter, Argosy Investors highlighted Hovnanian Enterprises, Inc. (NYSE:HOV).
Hovnanian Enterprises, Inc. (NYSE:HOV) is a leading home building company that designs, constructs, markets, and sells residential homes in the United States
On June 5, 2026, Hovnanian Enterprises, Inc. (NYSE:HOV) closed at $109.00 per share. One-month return of Hovnanian Enterprises, Inc. (NYSE:HOV) was 0.79%, and its shares gained 11.29% over the past 52 weeks. Hovnanian Enterprises, Inc. (NYSE:HOV) has a market capitalization of $670.5 million.
Argosy Investors stated the following regarding Hovnanian Enterprises, Inc. (NYSE:HOV) in its Q1 2026 investor letter: “I sold Hovnanian Enterprises, Inc. (NYSE:HOV) and Dream Finders Homes (DFH) during the quarter. While I like the direction HOV and DFH are headed in terms of asset-light homebuilding, the macro backdrop for these companies has only gotten worse in the last several months, and I prefer to assess these businesses for a better re-entry point from the sidelines.” Hovnanian Enterprises, Inc. (NYSE:HOV) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 18 hedge fund portfolios held Hovnanian Enterprises, Inc. (NYSE:HOV) at the end of the first quarter, compared to 20 in the previous quarter.