PulteGroup, Inc. (NYSE:PHM - Get Free Report) Director Lila Snyder sold 3,339 shares of the firm's stock in a transaction on Friday, May 8th. The shares were sold at an average price of $117.18, for a total value of $391,264.02. Following the sale, the director directly owned 3,540 shares of the company's stock, valued at approximately $414,817.20. This represents a 48.54% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
PulteGroup Stock Performance
Shares of NYSE:PHM traded up $0.70 during midday trading on Friday, reaching $117.52. The company had a trading volume of 1,313,195 shares, compared to its average volume of 1,890,289. The company's 50 day moving average price is $122.86 and its 200 day moving average price is $124.59. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.14. The stock has a market cap of $22.39 billion, a P/E ratio of 11.37, a P/E/G ratio of 1.52 and a beta of 1.23. PulteGroup, Inc. has a 52-week low of $95.20 and a 52-week high of $144.49.
PulteGroup (NYSE:PHM - Get Free Report) last posted its quarterly earnings data on Thursday, April 23rd. The construction company reported $1.79 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.80 by ($0.01). The company had revenue of $3.41 billion for the quarter, compared to analysts' expectations of $3.40 billion. PulteGroup had a return on equity of 16.41% and a net margin of 12.14%.The business's quarterly revenue was down 12.4% on a year-over-year basis. During the same quarter last year, the business posted $2.57 EPS. As a group, sell-side analysts anticipate that PulteGroup, Inc. will post 10.02 EPS for the current fiscal year.
PulteGroup announced that its board has approved a share repurchase program on Thursday, April 23rd that authorizes the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization authorizes the construction company to buy up to 6.1% of its shares through open market purchases. Shares repurchase programs are often a sign that the company's management believes its stock is undervalued.
PulteGroup Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Thursday, July 2nd. Investors of record on Tuesday, June 16th will be issued a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Tuesday, June 16th. PulteGroup's payout ratio is 10.06%.
Wall Street Analyst Weigh In
A number of analysts have issued reports on PHM shares. Truist Financial decreased their target price on PulteGroup from $170.00 to $150.00 and set a "buy" rating for the company in a research report on Thursday, April 16th. The Goldman Sachs Group increased their price target on PulteGroup from $133.00 to $142.00 and gave the stock a "neutral" rating in a research note on Friday, April 24th. Seaport Research Partners restated a "sell" rating and issued a $100.00 price objective (down from $155.00) on shares of PulteGroup in a research note on Tuesday, April 7th. Royal Bank Of Canada upped their price objective on shares of PulteGroup from $111.00 to $115.00 and gave the company a "sector perform" rating in a report on Friday, January 30th. Finally, Raymond James Financial reiterated an "outperform" rating and issued a $145.00 target price on shares of PulteGroup in a research note on Wednesday, February 4th. Ten analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $140.71.
Check Out Our Latest Stock Analysis on PHM
Institutional Trading of PulteGroup
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Cedar Mountain Advisors LLC grew its holdings in PulteGroup by 1,650.0% during the 1st quarter. Cedar Mountain Advisors LLC now owns 210 shares of the construction company's stock valued at $25,000 after buying an additional 198 shares in the last quarter. NFSG Corp bought a new position in shares of PulteGroup in the first quarter valued at approximately $29,000. Rachor Investment Advisory Services LLC bought a new stake in PulteGroup during the 4th quarter worth approximately $31,000. HHM Wealth Advisors LLC boosted its holdings in PulteGroup by 158.5% in the 1st quarter. HHM Wealth Advisors LLC now owns 274 shares of the construction company's stock valued at $32,000 after purchasing an additional 168 shares during the period. Finally, DV Equities LLC bought a new position in shares of PulteGroup in the fourth quarter worth $32,000. 89.90% of the stock is currently owned by institutional investors.
Key Headlines Impacting PulteGroup
Here are the key news stories impacting PulteGroup this week:
- Positive Sentiment: Zacks Research raised its Q4 2026 EPS estimate for PulteGroup to $2.87 from $2.78, suggesting slightly better-than-expected profitability in that period.
- Positive Sentiment: Zacks Research also increased its Q4 2027 EPS estimate to $3.25 from $3.22, indicating improved longer-term earnings expectations. Article link
- Neutral Sentiment: The stock is drawing extra investor attention after being highlighted as one of Zacks.com’s most-watched names, which can increase trading interest but does not by itself change fundamentals. Article link
- Negative Sentiment: Analysts trimmed PulteGroup’s Q2 2026 EPS estimate to $2.37 from $2.60, a meaningful cut that may weigh on sentiment around near-term results.
- Negative Sentiment: Estimates were also cut for Q3 2026, Q2 2027, Q3 2027 and full-year FY2026 earnings, with FY2026 lowered to $9.70 from $9.85, reinforcing a more cautious earnings outlook. Article link
About PulteGroup
(
Get Free Report)
PulteGroup, Inc NYSE: PHM is a U.S.-based residential homebuilder that designs, constructs and sells single-family homes and develops master-planned communities. The company operates multiple national and regional brands that target different buyer segments, including first-time buyers, move-up buyers and active-adult customers. Its operations encompass land acquisition and development, home design and construction, community amenities and ongoing customer service and warranty programs.
PulteGroup markets homes under several well-known brands, such as Pulte Homes, Centex and Del Webb, among others, offering a range of product types from entry-level detached homes to larger, higher-end residences and age-restricted active-adult communities.
Further Reading
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