PulteGroup, Inc. $PHM Shares Purchased by Benjamin Edwards Inc.

Benjamin Edwards Inc. boosted its holdings in PulteGroup, Inc. (NYSE:PHM) by 12.2% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 65,193 shares of the construction company’s stock after acquiring an additional 7,084 shares during the quarter. Benjamin Edwards Inc.’s holdings in PulteGroup were worth $8,613,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in the stock. Private Wealth Management Group LLC increased its holdings in shares of PulteGroup by 281.7% in the 3rd quarter. Private Wealth Management Group LLC now owns 271 shares of the construction company’s stock valued at $36,000 after purchasing an additional 200 shares in the last quarter. Twin Peaks Wealth Advisors LLC purchased a new stake in PulteGroup during the second quarter worth about $32,000. Rexford Capital Inc. purchased a new stake in PulteGroup during the second quarter worth about $35,000. True Wealth Design LLC grew its position in PulteGroup by 229.6% during the third quarter. True Wealth Design LLC now owns 356 shares of the construction company’s stock worth $47,000 after buying an additional 248 shares during the period. Finally, SJS Investment Consulting Inc. increased its holdings in PulteGroup by 1,423.1% in the third quarter. SJS Investment Consulting Inc. now owns 396 shares of the construction company’s stock valued at $52,000 after buying an additional 370 shares in the last quarter. 89.90% of the stock is currently owned by hedge funds and other institutional investors.

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

PulteGroup Trading Up 5.0%

Shares of PulteGroup stock opened at $123.12 on Friday. PulteGroup, Inc. has a 1 year low of $88.07 and a 1 year high of $142.11. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.81 and a quick ratio of 0.81. The business has a 50 day moving average price of $121.34 and a 200 day moving average price of $122.46. The company has a market capitalization of $24.00 billion, a P/E ratio of 9.48, a P/E/G ratio of 0.95 and a beta of 1.33.

PulteGroup (NYSE:PHM) last released its quarterly earnings results on Tuesday, October 21st. The construction company reported $2.96 earnings per share for the quarter, topping the consensus estimate of $2.86 by $0.10. PulteGroup had a return on equity of 19.58% and a net margin of 14.93%.The company had revenue of $4.40 billion during the quarter, compared to the consensus estimate of $4.31 billion. During the same quarter last year, the business posted $3.35 earnings per share. PulteGroup’s revenue was down 1.6% compared to the same quarter last year. Sell-side analysts anticipate that PulteGroup, Inc. will post 12.32 EPS for the current fiscal year.

PulteGroup Increases Dividend

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

Analyst Ratings Changes

PHM has been the topic of several research analyst reports. Evercore ISI decreased their price target on PulteGroup from $154.00 to $134.00 and set an “in-line” rating on the stock in a research note on Wednesday, October 22nd. Citizens Jmp assumed coverage on PulteGroup in a research note on Wednesday. They issued a “market outperform” rating and a $145.00 price objective for the company. JPMorgan Chase & Co. boosted their target price on PulteGroup from $136.00 to $149.00 and gave the stock an “overweight” rating in a research report on Thursday, December 4th. Citigroup lowered their target price on PulteGroup from $135.00 to $128.00 and set a “neutral” rating on the stock in a report on Thursday. Finally, BTIG Research began coverage on PulteGroup in a research report on Monday, December 1st. They issued a “neutral” rating for the company. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $136.00.

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.