PulteGroup (NYSE:PHM) Upgraded at Zacks Research

Zacks Research upgraded shares of PulteGroup (NYSE:PHM) from a strong sell rating to a hold rating in a research note published on Monday morning,Zacks.com reports. Zacks Research also issued estimates for PulteGroup’s Q1 2027 earnings at $2.12 EPS, Q1 2028 earnings at $2.54 EPS and FY2028 earnings at $13.67 EPS.

A number of other research firms have also weighed in on PHM. Citigroup boosted their price objective on shares of PulteGroup from $128.00 to $136.00 and gave the company a “neutral” rating in a research report on Tuesday, February 3rd. Truist Financial began coverage on shares of PulteGroup in a research report on Wednesday, March 4th. They issued a “buy” rating and a $170.00 price objective for the company. Evercore raised shares of PulteGroup from an “in-line” rating to an “outperform” rating and set a $146.00 price objective for the company in a research report on Monday. Wall Street Zen raised shares of PulteGroup from a “sell” rating to a “hold” rating in a research report on Sunday, January 11th. Finally, JPMorgan Chase & Co. cut their price objective on shares of PulteGroup from $149.00 to $131.00 and set an “overweight” rating for the company in a research report on Tuesday, February 3rd. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $140.21.

PulteGroup Stock Performance

NYSE:PHM opened at $120.96 on Monday. The firm has a 50 day simple moving average of $126.99 and a 200-day simple moving average of $125.00. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.01 and a quick ratio of 1.01. The firm has a market cap of $23.17 billion, a PE ratio of 10.88, a P/E/G ratio of 1.43 and a beta of 1.33. PulteGroup has a 1-year low of $91.76 and a 1-year high of $144.49.

PulteGroup Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, April 2nd. Investors of record on Tuesday, March 17th were given a dividend of $0.26 per share. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $1.04 annualized dividend and a yield of 0.9%. PulteGroup’s dividend payout ratio is 9.35%.

Insider Activity

In related news, insider Ryan Marshall sold 111,250 shares of the company’s stock in a transaction that occurred on Thursday, February 5th. The shares were sold at an average price of $133.86, for a total transaction of $14,891,925.00. Following the completion of the transaction, the insider owned 659,392 shares of the company’s stock, valued at approximately $88,266,213.12. This represents a 14.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Brien P. O’meara sold 4,000 shares of the company’s stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $135.51, for a total transaction of $542,040.00. Following the transaction, the vice president directly owned 8,601 shares of the company’s stock, valued at $1,165,521.51. This trade represents a 31.74% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 149,952 shares of company stock valued at $20,162,165 in the last ninety days. 0.75% of the stock is owned by company insiders.

Hedge Funds Weigh In On PulteGroup

Institutional investors and hedge funds have recently bought and sold shares of the stock. Rachor Investment Advisory Services LLC acquired a new position in PulteGroup during the fourth quarter worth approximately $31,000. DV Equities LLC acquired a new position in PulteGroup during the fourth quarter worth approximately $32,000. Lloyd Advisory Services LLC. purchased a new stake in PulteGroup during the fourth quarter worth approximately $33,000. Private Wealth Management Group LLC grew its stake in PulteGroup by 281.7% during the third quarter. Private Wealth Management Group LLC now owns 271 shares of the construction company’s stock worth $36,000 after buying an additional 200 shares during the period. Finally, High Point Wealth Management LLC purchased a new stake in PulteGroup during the fourth quarter worth approximately $38,000. Institutional investors and hedge funds own 89.90% of the company’s stock.

Key Headlines Impacting PulteGroup

Here are the key news stories impacting PulteGroup this week:

• Positive Sentiment: Zacks Research moved PHM from “strong sell” to “hold” and nudged up Q1 and FY2028 EPS estimates, signaling modestly improved near-term earnings visibility. Zacks Upgrade
• Positive Sentiment: Evercore upgraded PulteGroup, a notable vote of confidence from a major bank that can attract buyers and support sentiment. Evercore Upgrade
• Positive Sentiment: PulteGroup announced expansion of housing development activity (Russell 1000 coverage), pointing to growth initiatives that should help future volume and revenue. Development Expansion
• Neutral Sentiment: Coverage pieces are asking whether PHM is still a buy after a multi-year run; these analyses can slow new buying until investors reconcile valuation and growth prospects. Valuation Discussion
• Negative Sentiment: Analysts note the broader weak housing market; even with upgrades, sector headwinds and macro uncertainty may cap immediate upside and contribute to profit-taking. Housing Market Concern

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.