Andra AP fonden Trims Stock Position in PulteGroup, Inc. $PHM

Andra AP fonden cut its holdings in shares of PulteGroup, Inc. (NYSE:PHM) by 85.4% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 10,991 shares of the construction company’s stock after selling 64,409 shares during the period. Andra AP fonden’s holdings in PulteGroup were worth $1,293,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the business. Franklin Resources Inc. raised its stake in shares of PulteGroup by 5.1% during the 4th quarter. Franklin Resources Inc. now owns 13,555,304 shares of the construction company’s stock valued at $1,589,495,000 after buying an additional 655,033 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its stake in shares of PulteGroup by 126.5% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 4,284,197 shares of the construction company’s stock worth $502,366,000 after buying an additional 2,392,580 shares during the last quarter. First Trust Advisors LP boosted its stake in shares of PulteGroup by 10.4% in the fourth quarter. First Trust Advisors LP now owns 4,000,920 shares of the construction company’s stock worth $469,148,000 after buying an additional 377,003 shares during the last quarter. Norges Bank acquired a new stake in PulteGroup during the fourth quarter worth about $466,653,000. Finally, Dimensional Fund Advisors LP grew its holdings in PulteGroup by 0.9% during the first quarter. Dimensional Fund Advisors LP now owns 3,146,857 shares of the construction company’s stock worth $370,008,000 after acquiring an additional 26,790 shares during the period. 89.90% of the stock is owned by hedge funds and other institutional investors.

PulteGroup Price Performance

Shares of NYSE PHM opened at $124.64 on Friday. The firm has a 50-day simple moving average of $123.75 and a 200-day simple moving average of $125.22. The company has a quick ratio of 0.94, a current ratio of 0.78 and a debt-to-equity ratio of 0.14. The stock has a market capitalization of $23.74 billion, a price-to-earnings ratio of 12.73, a price-to-earnings-growth ratio of 1.61 and a beta of 1.18. PulteGroup, Inc. has a 52 week low of $108.49 and a 52 week high of $144.49.

PulteGroup (NYSE:PHM) last posted its quarterly earnings results on Wednesday, July 22nd. The construction company reported $2.48 earnings per share for the quarter, topping analysts’ consensus estimates of $2.36 by $0.12. PulteGroup had a net margin of 11.62% and a return on equity of 15.21%. The firm had revenue of $3.98 billion for the quarter, compared to analyst estimates of $3.94 billion. During the same period in the previous year, the business posted $3.03 earnings per share. PulteGroup’s quarterly revenue was down 9.6% on a year-over-year basis. On average, equities analysts predict that PulteGroup, Inc. will post 9.95 earnings per share for the current fiscal year.

PulteGroup announced that its Board of Directors has initiated a share buyback plan on Thursday, April 23rd that permits the company to repurchase $1.50 billion in shares. This repurchase authorization permits the construction company to buy up to 6.1% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s management believes its stock is undervalued.

PulteGroup Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 2nd. Shareholders of record on Tuesday, June 16th were paid a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Tuesday, June 16th. PulteGroup’s dividend payout ratio (DPR) is 10.06%.

Insider Activity at PulteGroup

In other news, COO Matthew William Koart sold 7,457 shares of the business’s stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $120.00, for a total transaction of $894,840.00. Following the transaction, the chief operating officer directly owned 28,100 shares in the company, valued at $3,372,000. The trade was a 20.97% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Lila Snyder sold 3,339 shares of the company’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $117.18, for a total value of $391,264.02. Following the completion of the sale, the director owned 3,540 shares of the company’s stock, valued at $414,817.20. This trade represents a 48.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.75% of the company’s stock.

Trending Headlines about PulteGroup

Here are the key news stories impacting PulteGroup this week:

• Positive Sentiment: PulteGroup beat Q2 earnings estimates with $2.48 per share versus expectations around $2.36–$2.38, and revenue of $3.98 billion also came in above forecasts. PulteGroup Reports Second Quarter 2026 Financial Results
• Positive Sentiment: New orders increased year over year, suggesting demand remains resilient despite a tough housing market. PulteGroup Inc (PHM) Q2 2026 Earnings Call Highlights
• Neutral Sentiment: Management said it is navigating ongoing market challenges, with affordability pressure and softer pricing still limiting margin expansion. PulteGroup, Inc. (PHM) Q2 2026 Earnings Call Transcript
• Negative Sentiment: Net income fell to $472 million from $608 million a year ago, and revenue declined 9.6% year over year, reinforcing concerns that higher home prices and mortgage costs are slowing the business. PulteGroup Profit Falls on Declining Revenue

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on PHM. Barclays lifted their price target on PulteGroup from $123.00 to $124.00 and gave the company an “equal weight” rating in a research report on Thursday. Royal Bank Of Canada upped their price objective on PulteGroup from $115.00 to $116.00 and gave the stock a “sector perform” rating in a research report on Thursday. Wells Fargo & Company raised their price objective on shares of PulteGroup from $140.00 to $150.00 and gave the stock an “overweight” rating in a research note on Monday, July 6th. Oppenheimer reaffirmed an “outperform” rating on shares of PulteGroup in a report on Tuesday, May 26th. Finally, UBS Group reiterated a “buy” rating and issued a $166.00 target price on shares of PulteGroup in a research note on Thursday. Ten equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $143.43.

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.