Oregon Public Employees Retirement Fund Increases Stock Position in PulteGroup, Inc. $PHM

Oregon Public Employees Retirement Fund lifted its position in shares of PulteGroup, Inc. (NYSE:PHM) by 30.0% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 22,513 shares of the construction company’s stock after buying an additional 5,192 shares during the period. Oregon Public Employees Retirement Fund’s holdings in PulteGroup were worth $2,975,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Twin Peaks Wealth Advisors LLC purchased a new position in shares of PulteGroup in the 2nd quarter worth about $32,000. Rexford Capital Inc. acquired a new stake in PulteGroup during the 2nd quarter worth approximately $35,000. Private Wealth Management Group LLC increased its position in PulteGroup by 281.7% during the 3rd quarter. Private Wealth Management Group LLC now owns 271 shares of the construction company’s stock worth $36,000 after purchasing an additional 200 shares in the last quarter. Hager Investment Management Services LLC raised its holdings in PulteGroup by 33.3% in the second quarter. Hager Investment Management Services LLC now owns 420 shares of the construction company’s stock valued at $44,000 after buying an additional 105 shares during the period. Finally, True Wealth Design LLC lifted 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 valued at $47,000 after buying an additional 248 shares in the last quarter. Institutional investors and hedge funds own 89.90% of the company’s stock.

Analyst Ratings Changes

PHM has been the subject of several recent research reports. Bank of America dropped their price objective on shares of PulteGroup from $145.00 to $140.00 and set a “buy” rating for the company in a research report on Friday, October 10th. BTIG Research started coverage on PulteGroup in a report on Monday, December 1st. They issued a “neutral” rating for the company. Citizens Jmp started coverage on PulteGroup in a research report on Wednesday, January 7th. They issued a “market outperform” rating and a $145.00 price objective on the stock. Wall Street Zen upgraded PulteGroup from a “sell” rating to a “hold” rating in a research note on Sunday. Finally, Weiss Ratings downgraded PulteGroup from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $135.92.

PulteGroup News Roundup

Here are the key news stories impacting PulteGroup this week:

• Positive Sentiment: Citizens initiated coverage of PulteGroup with a Market Outperform (buy) recommendation, a clear upside catalyst that can attract investor inflows. Citizens Jmp Begins Coverage on PulteGroup
• Positive Sentiment: Unusually large call-option activity: nearly 10k calls traded (a ~1,498% jump over normal), indicating speculative or hedged bullish bets that likely pushed intraday buying and implied-volatility interest. Investors Purchase High Volume of Call Options on PulteGroup
• Positive Sentiment: Media pieces highlighting strong multi‑year returns (investors up ~198% over five years) and Wall Street optimism provide supportive sentiment for longer-term holders and momentum buyers. Those who invested in PulteGroup five years ago are up 198% Wall Street Bulls Look Optimistic About PulteGroup
• Neutral Sentiment: Industry teardown and “why it’s trading” pieces provide context and may draw retail/institutional attention, but offer mixed, non‑actionable takeaways. Home Builders Stocks Q3 Teardown: PulteGroup Vs The Rest Why PulteGroup Stock Is Trading Up Today
• Negative Sentiment: Citigroup reduced its price target from $135 to $128 and set a Neutral rating — a formal signal that could cap upside for some investors and weigh on near-term sentiment. Citigroup Lowers Price Target on PulteGroup
• Negative Sentiment: Wells Fargo lowered expectations for PHM as well, adding downward analyst pressure that could prompt profit-taking after recent gains. Wells Fargo Lowers Expectations for PulteGroup

PulteGroup Stock Performance

Shares of PHM stock opened at $132.19 on Monday. 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 company’s fifty day moving average price is $121.58 and its two-hundred day moving average price is $122.90. The firm has a market capitalization of $25.77 billion, a P/E ratio of 10.18, a P/E/G ratio of 1.07 and a beta of 1.33. PulteGroup, Inc. has a 12 month low of $88.07 and a 12 month high of $142.11.

PulteGroup (NYSE:PHM) last announced its earnings results on Tuesday, October 21st. The construction company reported $2.96 earnings per share for the quarter, beating 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 period last year, the firm earned $3.35 earnings per share. The company’s revenue was down 1.6% on a year-over-year basis. On average, research analysts anticipate that PulteGroup, Inc. will post 12.32 earnings per share for the current fiscal year.

PulteGroup Increases Dividend

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

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.