PulteGroup, Inc. (NYSE:PHM) Given Average Recommendation of "Moderate Buy" by Brokerages

PulteGroup, Inc. (NYSE:PHM - Get Free Report) has been assigned a consensus rating of "Moderate Buy" from the seventeen brokerages that are presently covering the firm, MarketBeat reports. Seven investment analysts have rated the stock with a hold recommendation and ten have given a buy recommendation to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $142.2143.

PHM has been the subject of several recent research reports. Bank of America reduced their price objective on PulteGroup from $145.00 to $140.00 and set a "buy" rating for the company in a research report on Monday, April 20th. Oppenheimer restated an "outperform" rating on shares of PulteGroup in a research note on Tuesday, May 26th. Wells Fargo & Company upped their price target on PulteGroup from $140.00 to $150.00 and gave the stock an "overweight" rating in a research report on Monday, July 6th. Citigroup raised their price target on shares of PulteGroup from $136.00 to $138.00 and gave the stock a "neutral" rating in a research note on Friday, April 24th. Finally, Truist Financial lowered their price objective on shares of PulteGroup from $170.00 to $150.00 and set a "buy" rating on the stock in a report on Thursday, April 16th.

Key Stories Impacting PulteGroup

Here are the key news stories impacting PulteGroup this week:

• Positive Sentiment: PulteGroup beat Q2 profit and revenue estimates, which is supporting the stock. PulteGroup Reports Second Quarter 2026 Financial Results
• Positive Sentiment: New orders rose year over year, signaling continued demand in key housing markets. PulteGroup Q2 Earnings & Revenues Beat Estimates, New Orders Up Y/Y
• Neutral Sentiment: Management said its diversified operating model is helping offset market weakness, but the company still faces affordability pressure and softer homebuying conditions. PulteGroup, Inc. (PHM) Q2 2026 Earnings Call Transcript
• Negative Sentiment: Profit declined from a year ago as revenue fell 9.6% and margins remained under pressure, reflecting a still-challenging housing market. PulteGroup Profit Falls on Declining Revenue

Insider Activity

In other news, Director Lila Snyder sold 3,339 shares of the stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $117.18, for a total transaction of $391,264.02. Following the completion of the transaction, the director directly owned 3,540 shares in the company, valued at $414,817.20. This represents a 48.54% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, COO Matthew William Koart sold 7,457 shares of the firm's stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $120.00, for a total value of $894,840.00. Following the completion of the transaction, the chief operating officer owned 28,100 shares of the company's stock, valued at $3,372,000. The trade was a 20.97% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.75% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. Tema ETFs LLC increased its position in shares of PulteGroup by 10.7% during the 2nd quarter. Tema ETFs LLC now owns 4,495 shares of the construction company's stock worth $617,000 after purchasing an additional 435 shares during the last quarter. Handelsbanken Fonder AB boosted its holdings in shares of PulteGroup by 4.1% in the 2nd quarter. Handelsbanken Fonder AB now owns 88,145 shares of the construction company's stock valued at $12,094,000 after buying an additional 3,443 shares during the last quarter. World Equity Group Inc. acquired a new stake in shares of PulteGroup in the 2nd quarter valued at approximately $383,000. Beacon Investment Advisory Services Inc. grew its stake in shares of PulteGroup by 11.0% in the second quarter. Beacon Investment Advisory Services Inc. now owns 7,339 shares of the construction company's stock valued at $1,007,000 after buying an additional 725 shares in the last quarter. Finally, Quantum Financial Advisors LLC acquired a new position in PulteGroup during the second quarter worth $204,000. 89.90% of the stock is currently owned by institutional investors.

PulteGroup Trading Up 1.6%

PHM opened at $126.27 on Thursday. The stock has a market capitalization of $24.05 billion, a P/E ratio of 12.21, a P/E/G ratio of 1.58 and a beta of 1.18. PulteGroup has a 12 month low of $108.49 and a 12 month high of $144.49. The firm's fifty day simple moving average is $123.53 and its 200 day simple moving average is $125.18. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.14.

PulteGroup (NYSE:PHM - Get Free Report) last released its earnings results on Wednesday, July 22nd. The construction company reported $2.48 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.36 by $0.12. PulteGroup had a return on equity of 16.41% and a net margin of 12.14%.The firm had revenue of $3.98 billion during the quarter, compared to analysts' expectations of $3.94 billion. During the same quarter in the prior year, the company earned $3.03 EPS. The company's revenue was down 9.6% on a year-over-year basis. As a group, research analysts anticipate that PulteGroup will post 9.95 EPS for the current fiscal year.

PulteGroup announced that its Board of Directors has initiated a stock repurchase plan on Thursday, April 23rd that allows the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization allows the construction company to repurchase up to 6.1% of its stock through open market purchases. Stock repurchase plans are often a sign that the company's management believes its shares are undervalued.

PulteGroup Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 2nd. Shareholders of record on Tuesday, June 16th were paid a $0.26 dividend. This represents a $1.04 annualized dividend and a yield of 0.8%. The ex-dividend date was Tuesday, June 16th. PulteGroup's payout ratio is presently 10.06%.

PulteGroup Company Profile

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.

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