PulteGroup, Inc. (NYSE:PHM) Receives $137.25 Average Price Target from Analysts

Shares of PulteGroup, Inc. (NYSE:PHM) have received a consensus rating of “Moderate Buy” from the seventeen research firms that are currently covering the stock, Marketbeat reports. Eight investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $136.00.

Several brokerages have commented on PHM. Bank of America cut their price target on shares of PulteGroup from $145.00 to $140.00 and set a “buy” rating on the stock in a research report on Friday, October 10th. JPMorgan Chase & Co. upped their target price on PulteGroup from $136.00 to $149.00 and gave the stock an “overweight” rating in a report on Thursday, December 4th. Wall Street Zen downgraded PulteGroup from a “hold” rating to a “sell” rating in a research note on Saturday, January 3rd. Wedbush reiterated an “outperform” rating and set a $150.00 price objective on shares of PulteGroup in a research note on Tuesday, October 21st. Finally, Citigroup cut their price objective on PulteGroup from $135.00 to $128.00 and set a “neutral” rating for the company in a report on Thursday.

Institutional Investors Weigh In On PulteGroup

Hedge funds have recently bought and sold shares of the company. Franklin Resources Inc. increased its position in PulteGroup by 5.0% during the third quarter. Franklin Resources Inc. now owns 12,900,271 shares of the construction company’s stock worth $1,704,513,000 after buying an additional 609,640 shares during the last quarter. Norges Bank bought a new position in shares of PulteGroup during the 2nd quarter worth approximately $404,339,000. First Trust Advisors LP increased its holdings in shares of PulteGroup by 13.3% during the 3rd quarter. First Trust Advisors LP now owns 3,623,917 shares of the construction company’s stock worth $478,828,000 after acquiring an additional 424,011 shares during the last quarter. Invesco Ltd. raised its stake in PulteGroup by 0.9% in the 2nd quarter. Invesco Ltd. now owns 2,634,275 shares of the construction company’s stock valued at $277,811,000 after acquiring an additional 23,051 shares during the period. Finally, Massachusetts Financial Services Co. MA acquired a new stake in PulteGroup during the 3rd quarter valued at $315,883,000. 89.90% of the stock is currently owned by institutional investors and hedge funds.

PulteGroup Trading Up 5.0%

NYSE:PHM opened at $123.12 on Friday. The company has a market cap of $24.00 billion, a P/E ratio of 9.48, a price-to-earnings-growth ratio of 0.95 and a beta of 1.33. PulteGroup has a twelve month low of $88.07 and a twelve month high of $142.11. The business has a 50 day moving average price of $121.34 and a two-hundred day moving average price of $122.46. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.13.

PulteGroup (NYSE:PHM) last announced its quarterly earnings data on Tuesday, October 21st. The construction company reported $2.96 EPS for the quarter, topping analysts’ consensus estimates of $2.86 by $0.10. The business had revenue of $4.40 billion for the quarter, compared to analyst estimates of $4.31 billion. PulteGroup had a net margin of 14.93% and a return on equity of 19.58%. The firm’s revenue for the quarter was down 1.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $3.35 earnings per share. As a group, analysts expect that PulteGroup will post 12.32 EPS for the current fiscal year.

PulteGroup Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, January 6th. Stockholders of record on Tuesday, December 16th were given a $0.26 dividend. This is a boost from PulteGroup’s previous quarterly dividend of $0.22. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.8%. PulteGroup’s payout ratio is 8.01%.

Key PulteGroup News

Here are the key news stories impacting PulteGroup this week:

• Positive Sentiment: Citizens JMP initiated coverage with a “Market Outperform” rating and a $145 price target (about a 17.8% upside vs. the prior reference price), giving investors fresh buy-side research to justify buying. Citizens Initiates Coverage
• Positive Sentiment: Unusually large options activity: roughly 9,941 call contracts were bought (a ~1,498% jump vs. average), signaling short-term bullish speculative interest or hedging by institutional players. Investors Purchase High Volume of Call Options on PulteGroup
• Positive Sentiment: Barron’s notes homebuilders have started the year with momentum and continued demand for housing supports the sector — a tailwind for PHM if incentives and buyer interest persist. Home Builder Stocks Are Off to a Good Start
• Positive Sentiment: Long-term performance highlight: investors who bought PHM five years ago are up substantially (reported ~198%), which can support investor confidence and narrative around durable returns. Five-Year Returns
• Neutral Sentiment: Zacks published an overview noting Wall Street bulls are optimistic on PHM; analyst commentary can move flows but is descriptive rather than presenting new fundamental changes. Zacks: Wall Street Bulls Look Optimistic
• Neutral Sentiment: Sector teardown and comparisons (Globe & Mail) and general market write-ups explain PHM’s positioning vs peers but do not introduce a clear one-way catalyst. Home Builders Stocks Q3 Teardown
• Negative Sentiment: Citigroup reduced its price target from $135 to $128 and moved to a “Neutral” rating — a more conservative view that can cap upside for traders focused on sell-side targets. Citigroup Lowers Price Target
• Negative Sentiment: Wells Fargo lowered expectations for PHM, adding downward analyst pressure and countering some of the bullish initiation and option-flow optimism. Wells Fargo Lowers Expectations

About PulteGroup

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.