PulteGroup (NYSE:PHM) Sets New 52-Week Low – Here’s What Happened

PulteGroup, Inc. (NYSE:PHM) shares hit a new 52-week low during mid-day trading on Wednesday. The company traded as low as $107.32 and last traded at $107.6140, with a volume of 407,054 shares. The stock had previously closed at $111.58.

More PulteGroup News

Here are the key news stories impacting PulteGroup this week:

• Positive Sentiment: PulteGroup was highlighted as a growth-at-a-reasonable-price (“GARP”) stock for the second half of 2026. The article points to the company’s combination of valuation and potential growth as an argument that PHM may offer value-oriented investors an attractive setup. These 3 GARP Stocks Show Why Growth and Value Do Not Have to Clash
• Positive Sentiment: iShares U.S. Home Construction ETF (ITB) added PHM on October 13. The inclusion could increase visibility and provide incremental buying demand from funds that track or invest alongside the ETF. iShares U.S. Home Construction ETF Adds DHI and PHM
• Neutral Sentiment: Investors are assessing whether PHM is a buy, sell, or hold following its second-quarter results. The company previously exceeded quarterly EPS and revenue expectations, although revenue and earnings were below the prior year’s levels. PulteGroup Buy, Sell, or Hold Post Q2 Earnings
• Neutral Sentiment: PulteGroup is scheduled to announce quarterly results on Thursday, making the upcoming report and management’s outlook the immediate catalysts for the stock. PulteGroup Set to Announce Quarterly Earnings
• Negative Sentiment: Royal Bank of Canada cut its PHM price target from $116 to $111 and maintained a “sector perform” rating. The new target implies modest downside from the referenced trading level, signaling limited near-term upside in the bank’s view.
• Negative Sentiment: Zacks expects third-quarter earnings to decline and says PHM lacks the factors that typically support a likely earnings beat. That outlook raises the risk of a disappointing report or cautious guidance. Earnings Preview: PulteGroup Q3 Earnings Expected to Decline

Wall Street Analyst Weigh In

PHM has been the subject of a number of recent analyst reports. Weiss Ratings lowered PulteGroup from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, October 2nd. The Goldman Sachs Group set a $138.00 price target on PulteGroup in a research report on Monday. Morgan Stanley initiated coverage on shares of PulteGroup in a report on Thursday, October 1st. They issued an “equal weight” rating and a $128.00 price target on the stock. Wolfe Research set a $129.00 price objective on shares of PulteGroup and gave the company an “outperform” rating in a research report on Monday, August 24th. Finally, Melius Research initiated coverage on shares of PulteGroup in a research report on Tuesday, October 6th. They issued a “hold” rating and a $132.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $138.00.

PulteGroup Trading Up 3.2%

The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.78 and a current ratio of 0.78. The stock has a market cap of $21.16 billion, a P/E ratio of 10.82, a P/E/G ratio of 1.51 and a beta of 1.16. The stock has a 50-day moving average price of $121.67 and a 200-day moving average price of $122.80.

PulteGroup (NYSE:PHM) last posted its quarterly earnings data on Wednesday, July 22nd. The construction company reported $2.48 earnings per share for the quarter, topping the consensus estimate of $2.36 by $0.12. The company had revenue of $3.98 billion for the quarter, compared to analysts’ expectations of $3.94 billion. PulteGroup had a net margin of 11.62% and a return on equity of 15.21%. PulteGroup’s revenue for the quarter was down 9.6% compared to the same quarter last year. During the same period in the prior year, the business earned $3.03 earnings per share. On average, equities research analysts expect that PulteGroup, Inc. will post 10.08 EPS for the current year.

PulteGroup Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 2nd. Stockholders of record on Tuesday, September 15th were given a dividend of $0.26 per share. The ex-dividend date was Tuesday, September 15th. This represents a $1.04 annualized dividend and a dividend yield of 0.9%. PulteGroup’s dividend payout ratio (DPR) is 10.62%.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in PHM. Bank of New York Mellon Corp purchased a new position in shares of PulteGroup in the 2nd quarter worth about $189,931,000. Amundi lifted its position in PulteGroup by 28.6% in the 1st quarter. Amundi now owns 1,438,508 shares of the construction company’s stock worth $169,183,000 after buying an additional 319,617 shares during the last quarter. First Trust Advisors LP boosted its stake in PulteGroup by 7.8% in the first quarter. First Trust Advisors LP now owns 4,314,501 shares of the construction company’s stock worth $507,428,000 after buying an additional 313,581 shares in the last quarter. State Street Corp boosted its stake in PulteGroup by 3.2% in the second quarter. State Street Corp now owns 9,174,111 shares of the construction company’s stock worth $1,261,092,000 after buying an additional 288,054 shares in the last quarter. Finally, iA Global Asset Management Inc. purchased a new stake in PulteGroup in the second quarter worth approximately $38,937,000. Institutional investors own 89.90% of the company’s stock.

About PulteGroup

PulteGroup, Inc is a homebuilding company headquartered in Atlanta, Georgia. Founded in 1950 by William J. Pulte, the company develops, builds and sells homes for a range of buyers, including first-time, move-up and active-adult customers.

The company operates through several well-known brands, including Pulte Homes, Centex, Del Webb and DiVosta. Its offerings include single-family homes and related residential developments, with designs and communities tailored to different lifestyles, price points and stages of homeownership.

PulteGroup serves homebuyers across numerous markets in the United States.