Matthew William Koart Sells 15,309 Shares of PulteGroup (NYSE:PHM) Stock

PulteGroup, Inc. (NYSE:PHMGet Free Report) COO Matthew William Koart sold 15,309 shares of the business’s stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $135.79, for a total value of $2,078,809.11. Following the completion of the sale, the chief operating officer owned 42,418 shares of the company’s stock, valued at $5,759,940.22. The trade was a 26.52% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

PulteGroup Price Performance

NYSE PHM traded up $1.16 on Friday, reaching $135.21. 1,988,569 shares of the company’s stock traded hands, compared to its average volume of 2,006,891. The stock has a market cap of $26.35 billion, a PE ratio of 12.16, a P/E/G ratio of 1.48 and a beta of 1.33. PulteGroup, Inc. has a 12 month low of $88.07 and a 12 month high of $142.11. The stock has a 50-day simple moving average of $125.18 and a 200 day simple moving average of $125.27. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.01 and a quick ratio of 0.81.

PulteGroup Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 2nd. Investors of record on Tuesday, March 17th will be given a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Tuesday, March 17th. PulteGroup’s dividend payout ratio (DPR) is presently 9.35%.

Hedge Funds Weigh In On PulteGroup

Several hedge funds and other institutional investors have recently modified their holdings of PHM. Rachor Investment Advisory Services LLC purchased a new stake in PulteGroup in the fourth quarter worth about $31,000. Twin Peaks Wealth Advisors LLC bought a new position in shares of PulteGroup in the 2nd quarter worth approximately $32,000. Rexford Capital Inc. purchased a new position in shares of PulteGroup in the 2nd quarter valued at approximately $35,000. Private Wealth Management Group LLC raised its holdings in PulteGroup by 281.7% in the third quarter. Private Wealth Management Group LLC now owns 271 shares of the construction company’s stock worth $36,000 after purchasing an additional 200 shares in the last quarter. Finally, High Point Wealth Management LLC purchased a new position in PulteGroup during the fourth quarter valued at $38,000. Hedge funds and other institutional investors own 89.90% of the company’s stock.

Wall Street Analyst Weigh In

PHM has been the topic of a number of recent research reports. Citigroup raised their price objective on PulteGroup from $128.00 to $136.00 and gave the company a “neutral” rating in a research note on Tuesday. Raymond James Financial reissued an “outperform” rating and set a $145.00 price objective on shares of PulteGroup in a research note on Wednesday. Wells Fargo & Company raised their target price on shares of PulteGroup from $132.00 to $150.00 and gave the stock an “overweight” rating in a report on Wednesday, January 14th. The Goldman Sachs Group reiterated a “neutral” rating and set a $144.00 price target on shares of PulteGroup in a report on Tuesday, January 13th. Finally, Citizens Jmp initiated coverage on shares of PulteGroup in a report on Wednesday, January 7th. They issued a “market outperform” rating and a $145.00 price target on the stock. Nine research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $140.15.

Check Out Our Latest Research Report on PHM

Key PulteGroup News

Here are the key news stories impacting PulteGroup this week:

  • Positive Sentiment: Del Webb (Pulte’s active-adult brand) broke ground on two resort‑style communities in the Columbus, OH area — a sign of geographic expansion and ongoing community starts that could support future revenue and backlog growth. Del Webb Breaks Ground
  • Positive Sentiment: PulteGroup announced a quarterly cash dividend of $0.26 per share (annualized yield ~0.8%), reinforcing shareholder returns and signaling confidence in cash flow. Ex-dividend and record dates were disclosed with the payout scheduled for April. Dividend Announcement
  • Neutral Sentiment: Unusually heavy call-option buying (nearly 9,941 calls in one session, ~1,498% above typical volume) suggests some traders are positioned for further upside, but options flow can be speculative and short‑term. Options Volume Report
  • Neutral Sentiment: Recent coverage/analysis highlights shifting fair‑value and street views on PHM; useful context for investors but not an immediate catalyst. Analyst/Valuation Story
  • Negative Sentiment: Several executives disclosed sizeable open‑market stock sales this week (large supply from insiders can pressure sentiment): COO Matthew Koart sold 15,309 shares (~$2.08M). Koart Form 4
  • Negative Sentiment: EVP Todd N. Sheldon sold 14,220 shares (~$1.92M), reducing his stake ~17% — another notable insider liquidation. Sheldon Form 4
  • Negative Sentiment: VP Brien P. O’Meara sold 4,000 shares (~$542k), cutting his holding by ~31.7%. O’Meara Form 4
  • Negative Sentiment: Insider Ryan Marshall sold 111,250 shares (~$14.9M), a ~14.4% reduction — the largest single insider sale reported and the most likely near‑term negative signal for sentiment. Marshall Form 4

About PulteGroup

(Get Free Report)

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.

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