Cambridge Investment Research Advisors Inc. Sells 6,681 Shares of PulteGroup, Inc. $PHM

Cambridge Investment Research Advisors Inc. lessened its stake in PulteGroup, Inc. (NYSE:PHM) by 27.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 17,576 shares of the construction company’s stock after selling 6,681 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in PulteGroup were worth $2,412,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the company. National Pension Service boosted its stake in PulteGroup by 3.8% in the fourth quarter. National Pension Service now owns 507,443 shares of the construction company’s stock valued at $59,503,000 after acquiring an additional 18,455 shares in the last quarter. Concurrent Investment Advisors LLC increased its position in shares of PulteGroup by 166.5% during the fourth quarter. Concurrent Investment Advisors LLC now owns 16,753 shares of the construction company’s stock worth $1,964,000 after purchasing an additional 10,467 shares in the last quarter. Lecap Asset Management Ltd. acquired a new position in shares of PulteGroup during the fourth quarter worth $2,183,000. Qsemble Capital Management LP purchased a new stake in shares of PulteGroup during the 4th quarter valued at $7,205,000. Finally, River Street Advisors LLC lifted its holdings in shares of PulteGroup by 94.6% during the 1st quarter. River Street Advisors LLC now owns 18,208 shares of the construction company’s stock valued at $2,141,000 after purchasing an additional 8,851 shares during the last quarter. 89.90% of the stock is currently owned by institutional investors.

PulteGroup Stock Up 1.1%

PulteGroup stock opened at $130.54 on Friday. The business’s 50-day simple moving average is $128.10 and its two-hundred day simple moving average is $125.55. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.78 and a current ratio of 0.78. The company has a market cap of $24.47 billion, a PE ratio of 13.33, a PEG ratio of 1.60 and a beta of 1.19. PulteGroup, Inc. has a fifty-two week low of $108.49 and a fifty-two week high of $144.49.

PulteGroup (NYSE:PHM) last announced its quarterly earnings data on Wednesday, July 22nd. The construction company reported $2.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.36 by $0.12. PulteGroup had a return on equity of 15.21% and a net margin of 11.62%.The firm had revenue of $3.98 billion during the quarter, compared to analysts’ expectations of $3.94 billion. During the same period last year, the business posted $3.03 earnings per share. The company’s revenue for the quarter was down 9.6% compared to the same quarter last year. Equities analysts anticipate that PulteGroup, Inc. will post 10.12 EPS for the current year.

PulteGroup announced that its board has authorized a share buyback program on Thursday, April 23rd that allows the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization allows the construction company to reacquire up to 6.1% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s board of directors believes its shares are undervalued.

Trending Headlines about PulteGroup

Here are the key news stories impacting PulteGroup this week:

• Positive Sentiment: PulteGroup’s mortgage subsidiary entered into a $625 million funding facility, which should provide additional liquidity to finance mortgage originations and potentially support the company’s affiliated home-sales business. PulteGroup Secures $625 Million Mortgage Funding Facility
• Positive Sentiment: PulteGroup also entered a repurchase agreement to help fund mortgage originations. Access to warehouse-style financing can improve the mortgage unit’s ability to originate and hold loans, although it also exposes the business to financing and credit-market risks. PulteGroup Enters Repurchase Pact to Finance Mortgage Originations
• Neutral Sentiment: A Wall Street analyst roundup examines whether consensus expectations imply further upside or downside for PHM. The article highlights the importance of analyst targets and ratings, but the provided report does not specify a new consensus price target or recommendation. Are Wall Street Analysts Predicting PulteGroup Stock Will Climb or Sink?
• Negative Sentiment: Zacks Research made several downward revisions, including Q3 2026 EPS to $2.60 from $2.67, Q2 2027 EPS to $2.71 from $2.81, Q3 2027 EPS to $3.00 from $3.06, FY2027 EPS to $11.04 from $11.07, and FY2028 EPS to $13.26 from $13.45. These cuts suggest some pressure on longer-term earnings expectations.
• Positive Sentiment: Offsetting the reductions, Zacks raised FY2026 EPS to $9.91 from $9.70, Q4 2026 EPS to $3.04 from $2.87, Q1 2027 EPS to $1.96 from $1.95, and Q4 2027 EPS to $3.37 from $3.25. The revisions indicate near-term earnings remain resilient, though FY2026 remains below the broader consensus estimate of $10.08.

Insiders Place Their Bets

In other PulteGroup news, COO Matthew William Koart sold 7,457 shares of the firm’s stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $120.00, for a total transaction of $894,840.00. Following the completion of the transaction, the chief operating officer directly owned 28,100 shares of the company’s stock, valued at approximately $3,372,000. This trade represents a 20.97% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 0.75% of the company’s stock.

Analyst Ratings Changes

PHM has been the topic of several research analyst reports. Truist Financial dropped their target price on PulteGroup from $170.00 to $150.00 and set a “buy” rating on the stock in a research note on Thursday, April 16th. Evercore reiterated an “outperform” rating and issued a $162.00 price target on shares of PulteGroup in a research note on Thursday, July 23rd. UBS Group reissued a “buy” rating and issued a $166.00 price target on shares of PulteGroup in a report on Thursday, July 23rd. Royal Bank Of Canada boosted their price target on PulteGroup from $115.00 to $116.00 and gave the stock a “sector perform” rating in a research note on Thursday, July 23rd. Finally, Wells Fargo & Company upped their price objective on shares of PulteGroup from $140.00 to $150.00 and gave the company an “overweight” rating in a report on Monday, July 6th. Ten analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $143.14.

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.