Analysts’ Weekly Ratings Changes for PulteGroup (PHM)

PulteGroup (NYSE: PHM) recently received a number of ratings updates from brokerages and research firms:

• 1/31/2025 – PulteGroup had its “outperform” rating reaffirmed by analysts at Wedbush. They now have a $135.00 price target on the stock.
• 1/31/2025 – PulteGroup had its price target lowered by analysts at Oppenheimer Holdings Inc. from $165.00 to $150.00. They now have an “outperform” rating on the stock.
• 1/31/2025 – PulteGroup had its price target lowered by analysts at Barclays PLC from $125.00 to $117.00. They now have an “equal weight” rating on the stock.
• 1/31/2025 – PulteGroup had its price target raised by analysts at UBS Group AG from $148.00 to $151.00. They now have a “buy” rating on the stock.
• 1/27/2025 – PulteGroup was downgraded by analysts at Seaport Res Ptn from a “hold” rating to a “strong sell” rating.
• 1/27/2025 – PulteGroup had its price target lowered by analysts at Bank of America Co. from $135.00 to $134.00. They now have a “buy” rating on the stock.
• 1/16/2025 – PulteGroup had its price target lowered by analysts at Barclays PLC from $140.00 to $125.00. They now have an “equal weight” rating on the stock.
• 1/14/2025 – PulteGroup had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $140.00 to $124.00. They now have a “neutral” rating on the stock.
• 1/8/2025 – PulteGroup was upgraded by analysts at UBS Group AG from a “neutral” rating to a “buy” rating. They now have a $148.00 price target on the stock, down previously from $154.00.
• 1/6/2025 – PulteGroup had its price target lowered by analysts at Citigroup Inc. from $146.00 to $119.00. They now have a “neutral” rating on the stock.
• 1/3/2025 – PulteGroup was upgraded by analysts at Wedbush from a “neutral” rating to an “outperform” rating. They now have a $135.00 price target on the stock.

PulteGroup Price Performance

Shares of PHM stock traded up $1.00 during trading hours on Thursday, reaching $105.86. 555,939 shares of the company were exchanged, compared to its average volume of 2,198,410. PulteGroup, Inc. has a fifty-two week low of $101.13 and a fifty-two week high of $149.47. The stock’s fifty day moving average is $111.47 and its two-hundred day moving average is $125.63. The company has a market cap of $21.43 billion, a price-to-earnings ratio of 7.20, a P/E/G ratio of 0.29 and a beta of 1.68. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.86 and a quick ratio of 0.86.

PulteGroup (NYSE:PHM) last posted its quarterly earnings results on Thursday, January 30th. The construction company reported $3.50 earnings per share for the quarter, topping analysts’ consensus estimates of $3.28 by $0.22. PulteGroup had a net margin of 17.18% and a return on equity of 24.43%. Sell-side analysts forecast that PulteGroup, Inc. will post 12.32 earnings per share for the current fiscal year.

PulteGroup Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 2nd. Shareholders of record on Tuesday, March 18th will be paid a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 0.83%. The ex-dividend date of this dividend is Tuesday, March 18th. PulteGroup’s payout ratio is presently 5.98%.

Insider Buying and Selling at PulteGroup

In other news, Director Brian P. Anderson sold 2,500 shares of the stock in a transaction on Monday, February 10th. The shares were sold at an average price of $106.45, for a total transaction of $266,125.00. Following the completion of the sale, the director now owns 56,617 shares of the company’s stock, valued at $6,026,879.65. This represents a 4.23 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Brien P. O’meara sold 3,500 shares of the stock in a transaction on Thursday, February 13th. The stock was sold at an average price of $106.40, for a total transaction of $372,400.00. Following the sale, the vice president now directly owns 11,372 shares of the company’s stock, valued at $1,209,980.80. This represents a 23.53 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 21,191 shares of company stock valued at $2,256,367. Corporate insiders own 0.83% of the company’s stock.

Institutional Trading of PulteGroup

A number of large investors have recently added to or reduced their stakes in PHM. Creative Planning raised its stake in PulteGroup by 4.0% in the 3rd quarter. Creative Planning now owns 23,639 shares of the construction company’s stock worth $3,393,000 after purchasing an additional 901 shares in the last quarter. OLD National Bancorp IN raised its stake in PulteGroup by 5.0% in the 3rd quarter. OLD National Bancorp IN now owns 3,319 shares of the construction company’s stock worth $476,000 after purchasing an additional 157 shares in the last quarter. Sequoia Financial Advisors LLC raised its stake in PulteGroup by 8.3% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 19,624 shares of the construction company’s stock worth $2,817,000 after purchasing an additional 1,497 shares in the last quarter. Signaturefd LLC raised its stake in PulteGroup by 6.2% in the 3rd quarter. Signaturefd LLC now owns 6,565 shares of the construction company’s stock worth $942,000 after purchasing an additional 384 shares in the last quarter. Finally, Segment Wealth Management LLC acquired a new stake in PulteGroup in the 3rd quarter worth about $12,673,000. Institutional investors and hedge funds own 89.90% of the company’s stock.

PulteGroup, Inc, through its subsidiaries, primarily engages in the homebuilding business in the United States. It acquires and develops land primarily for residential purposes; and constructs housing on such land. The company also offers various home designs, including single-family detached, townhomes, condominiums, and duplexes under the Centex, Pulte Homes, Del Webb, DiVosta Homes, John Wieland Homes and Neighborhoods, and American West brand names.