PulteGroup (NYSE:PHM) Rating Increased to Hold at Wall Street Zen

PulteGroup (NYSE:PHM) was upgraded by research analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a report issued on Sunday.

A number of other brokerages also recently weighed in on PHM. Wedbush reissued an “outperform” rating and set a $150.00 target price on shares of PulteGroup in a research note on Tuesday, October 21st. Wells Fargo & Company cut their price target on shares of PulteGroup from $150.00 to $132.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 6th. Weiss Ratings cut PulteGroup from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, December 29th. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $111.00 price objective on shares of PulteGroup in a research report on Friday. Finally, BTIG Research began coverage on shares of PulteGroup in a research note on Monday, December 1st. They issued a “neutral” rating for the company. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and eight have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $135.92.

PulteGroup Stock Up 7.3%

Shares of NYSE:PHM opened at $132.19 on Friday. The firm has a market cap 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 has a 12-month low of $88.07 and a 12-month high of $142.11. The business has a fifty day simple moving average of $121.58 and a 200 day simple moving average of $122.77. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.13.

PulteGroup (NYSE:PHM) last issued its quarterly 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. The company had revenue of $4.40 billion during the quarter, compared to analysts’ expectations of $4.31 billion. PulteGroup had a return on equity of 19.58% and a net margin of 14.93%.The business’s quarterly revenue was down 1.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $3.35 earnings per share. Analysts predict that PulteGroup will post 12.32 earnings per share for the current year.

Institutional Trading of PulteGroup

Hedge funds and other institutional investors have recently bought and sold shares of the business. Evergreen Capital Management LLC raised its holdings in PulteGroup by 2.8% during the second quarter. Evergreen Capital Management LLC now owns 2,875 shares of the construction company’s stock worth $304,000 after buying an additional 78 shares during the last quarter. Fidelis Capital Partners LLC grew its holdings in shares of PulteGroup by 1.0% during the second quarter. Fidelis Capital Partners LLC now owns 8,760 shares of the construction company’s stock valued at $924,000 after buying an additional 85 shares during the last quarter. Apella Capital LLC increased its position in shares of PulteGroup by 4.2% during the third quarter. Apella Capital LLC now owns 2,163 shares of the construction company’s stock worth $268,000 after acquiring an additional 87 shares in the last quarter. Cooper Financial Group raised its holdings in shares of PulteGroup by 1.4% in the 2nd quarter. Cooper Financial Group now owns 6,697 shares of the construction company’s stock worth $706,000 after acquiring an additional 92 shares during the last quarter. Finally, CWM LLC boosted its stake in PulteGroup by 0.6% during the 3rd quarter. CWM LLC now owns 14,308 shares of the construction company’s stock valued at $1,890,000 after purchasing an additional 92 shares during the last quarter. Institutional investors own 89.90% of the company’s stock.

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 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.