PulteGroup, Inc. (NYSE:PHM – Get Free Report) COO Matthew William Koart sold 15,309 shares of PulteGroup stock in a transaction on Friday, February 6th. The shares were sold at an average price of $135.79, for a total transaction of $2,078,809.11. Following the completion of the transaction, the chief operating officer directly owned 42,418 shares in the company, valued at $5,759,940.22. The trade was a 26.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
PulteGroup Stock Up 0.9%
Shares of NYSE:PHM opened at $135.21 on Monday. 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 1.01 and a quick ratio of 1.01. The stock has a market cap of $26.00 billion, a P/E ratio of 12.16, a P/E/G ratio of 1.55 and a beta of 1.33. The firm has a fifty day moving average price of $125.34 and a 200 day moving average price of $125.53.
PulteGroup Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 2nd. Stockholders of record on Tuesday, March 17th will be paid a dividend of $0.26 per share. The ex-dividend date is Tuesday, March 17th. This represents a $1.04 annualized dividend and a dividend yield of 0.8%. PulteGroup’s dividend payout ratio is 9.35%.
Key Headlines Impacting PulteGroup
- Positive Sentiment: Del Webb (Pulte’s active-adult brand) broke ground on two resort‑style communities in the Columbus, OH area — a sign of geographic expansion and ongoing community starts that could support future revenue and backlog growth. Del Webb Breaks Ground
- Positive Sentiment: PulteGroup announced a quarterly cash dividend of $0.26 per share (annualized yield ~0.8%), reinforcing shareholder returns and signaling confidence in cash flow. Ex-dividend and record dates were disclosed with the payout scheduled for April. Dividend Announcement
- Neutral Sentiment: Unusually heavy call-option buying (nearly 9,941 calls in one session, ~1,498% above typical volume) suggests some traders are positioned for further upside, but options flow can be speculative and short‑term. Options Volume Report
- Neutral Sentiment: Recent coverage/analysis highlights shifting fair‑value and street views on PHM; useful context for investors but not an immediate catalyst. Analyst/Valuation Story
- Negative Sentiment: Several executives disclosed sizeable open‑market stock sales this week (large supply from insiders can pressure sentiment): COO Matthew Koart sold 15,309 shares (~$2.08M). Koart Form 4
- Negative Sentiment: EVP Todd N. Sheldon sold 14,220 shares (~$1.92M), reducing his stake ~17% — another notable insider liquidation. Sheldon Form 4
- Negative Sentiment: VP Brien P. O’Meara sold 4,000 shares (~$542k), cutting his holding by ~31.7%. O’Meara Form 4
- Negative Sentiment: Insider Ryan Marshall sold 111,250 shares (~$14.9M), a ~14.4% reduction — the largest single insider sale reported and the most likely near‑term negative signal for sentiment. Marshall Form 4
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of the business. Franklin Resources Inc. lifted its holdings in PulteGroup by 5.0% in the third quarter. Franklin Resources Inc. now owns 12,900,271 shares of the construction company’s stock valued at $1,704,513,000 after acquiring an additional 609,640 shares during the period. Norges Bank purchased a new position in shares of PulteGroup in the 2nd quarter valued at about $404,339,000. First Trust Advisors LP lifted its stake in shares of PulteGroup by 13.3% in the third quarter. First Trust Advisors LP now owns 3,623,917 shares of the construction company’s stock valued at $478,828,000 after purchasing an additional 424,011 shares during the period. Invesco Ltd. boosted its holdings in PulteGroup by 0.9% during the second quarter. Invesco Ltd. now owns 2,634,275 shares of the construction company’s stock worth $277,811,000 after buying an additional 23,051 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA acquired a new position in PulteGroup during the third quarter worth about $315,883,000. Hedge funds and other institutional investors own 89.90% of the company’s stock.
Analyst Upgrades and Downgrades
A number of research firms have weighed in on PHM. JPMorgan Chase & Co. decreased their price objective on PulteGroup from $149.00 to $131.00 and set an “overweight” rating for the company in a research report on Tuesday, February 3rd. Oppenheimer restated an “outperform” rating and set a $149.00 price target (up previously from $140.00) on shares of PulteGroup in a research note on Friday, January 30th. Wall Street Zen raised PulteGroup from a “sell” rating to a “hold” rating in a report on Sunday, January 11th. Raymond James Financial reissued an “outperform” rating and issued a $145.00 price objective on shares of PulteGroup in a research note on Wednesday. Finally, Weiss Ratings upgraded shares of PulteGroup from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, January 12th. Nine research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, PulteGroup currently has an average rating of “Moderate Buy” and an average target price of $140.15.
Get Our Latest Report on PulteGroup
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.
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