Kingswood Wealth Advisors LLC Takes $669,000 Position in PulteGroup, Inc. $PHM

Kingswood Wealth Advisors LLC acquired a new stake in PulteGroup, Inc. (NYSE:PHM) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 5,065 shares of the construction company’s stock, valued at approximately $669,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Private Wealth Management Group LLC raised its position in PulteGroup by 281.7% in the third 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 during the period. Twin Peaks Wealth Advisors LLC purchased a new position in shares of PulteGroup during the 2nd quarter worth $32,000. Rexford Capital Inc. acquired a new stake in shares of PulteGroup during the 2nd quarter worth about $35,000. True Wealth Design LLC raised its holdings in PulteGroup by 229.6% in the 3rd 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 during the period. Finally, SJS Investment Consulting Inc. lifted its position 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 during the last quarter. Institutional investors and hedge funds own 89.90% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the stock. Bank of America lowered their target price on shares of PulteGroup from $145.00 to $140.00 and set a “buy” rating for the company in a research note on Friday, October 10th. Weiss Ratings lowered shares of PulteGroup from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, December 29th. Citigroup dropped their target price on shares of PulteGroup from $135.00 to $128.00 and set a “neutral” rating for the company in a report on Thursday. Wedbush reissued an “outperform” rating and issued a $150.00 target price on shares of PulteGroup in a research report on Tuesday, October 21st. Finally, JPMorgan Chase & Co. upped their price target on PulteGroup from $136.00 to $149.00 and gave the stock an “overweight” rating in a research note on Thursday, December 4th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat, PulteGroup has a consensus rating of “Moderate Buy” and a consensus target price of $135.92.

PulteGroup Price Performance

Shares of PHM opened at $132.19 on Friday. The company has a market cap of $25.77 billion, a P/E ratio of 10.18, a PEG ratio of 1.07 and a beta of 1.33. PulteGroup, Inc. has a fifty-two week low of $88.07 and a fifty-two week high of $142.11. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.13. The firm’s 50 day moving average price is $121.58 and its 200 day moving average price is $122.77.

PulteGroup (NYSE:PHM) last issued its quarterly 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. PulteGroup had a net margin of 14.93% and a return on equity of 19.58%. The company had revenue of $4.40 billion during the quarter, compared to analysts’ expectations of $4.31 billion. During the same quarter last year, the company posted $3.35 EPS. The firm’s revenue was down 1.6% compared to the same quarter last year. On average, research analysts forecast that PulteGroup, Inc. will post 12.32 earnings per share for the current fiscal year.

PulteGroup Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, January 6th. Shareholders of record on Tuesday, December 16th were issued a dividend of $0.26 per share. 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 annualized dividend and a yield of 0.8%. PulteGroup’s dividend payout ratio (DPR) is currently 8.01%.

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

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.