Benjamin Edwards Inc. Grows Stock Holdings in PulteGroup, Inc. $PHM

Benjamin Edwards Inc. grew its holdings in shares of PulteGroup, Inc. (NYSE:PHM) by 12.2% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 65,193 shares of the construction company’s stock after purchasing an additional 7,084 shares during the quarter. Benjamin Edwards Inc.’s holdings in PulteGroup were worth $8,613,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Private Wealth Management Group LLC lifted its position 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. Twin Peaks Wealth Advisors LLC acquired a new position in shares of PulteGroup during the 2nd quarter valued at about $32,000. Rexford Capital Inc. purchased a new position in shares of PulteGroup during the 2nd quarter worth about $35,000. True Wealth Design LLC boosted its position in shares of PulteGroup by 229.6% in the third quarter. True Wealth Design LLC now owns 356 shares of the construction company’s stock worth $47,000 after acquiring an additional 248 shares during the last quarter. Finally, SJS Investment Consulting Inc. grew 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 purchasing an additional 370 shares during the period. Institutional investors and hedge funds own 89.90% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the stock. UBS Group cut their price target on shares of PulteGroup from $160.00 to $159.00 and set a “buy” rating on the stock in a research note on Tuesday. Bank of America cut their target price on PulteGroup from $145.00 to $140.00 and set a “buy” rating on the stock in a research report on Friday, October 10th. Citigroup lowered their price target on PulteGroup from $135.00 to $128.00 and set a “neutral” rating for the company in a research report on Thursday. Wedbush restated an “outperform” rating and issued a $150.00 price objective on shares of PulteGroup in a report on Tuesday, October 21st. Finally, Wells Fargo & Company reduced their price objective on PulteGroup from $150.00 to $132.00 and set an “overweight” rating on the stock in a research note on Tuesday. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat, PulteGroup has an average rating of “Moderate Buy” and a consensus price target of $136.00.

PulteGroup Trading Up 5.0%

Shares of PHM opened at $123.12 on Friday. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.81 and a quick ratio of 0.81. PulteGroup, Inc. has a 12 month low of $88.07 and a 12 month high of $142.11. The stock has a market cap of $24.00 billion, a PE ratio of 9.48, a P/E/G ratio of 0.95 and a beta of 1.33. The stock’s 50-day moving average is $121.34 and its two-hundred day moving average is $122.46.

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

PulteGroup Increases Dividend

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

Key Stories Impacting PulteGroup

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 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.