Aberdeen Group plc Cuts Stock Position in PulteGroup, Inc. $PHM

Aberdeen Group plc lessened its position in shares of PulteGroup, Inc. (NYSE:PHM) by 73.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,423 shares of the construction company’s stock after selling 44,469 shares during the quarter. Aberdeen Group plc’s holdings in PulteGroup were worth $2,253,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of PHM. Cedar Mountain Advisors LLC increased its position in shares of PulteGroup by 1,650.0% during the first quarter. Cedar Mountain Advisors LLC now owns 210 shares of the construction company’s stock worth $25,000 after purchasing an additional 198 shares in the last quarter. NFSG Corp acquired a new stake in shares of PulteGroup in the 1st quarter worth $29,000. Rachor Investment Advisory Services LLC acquired a new stake in shares of PulteGroup in the 4th quarter worth $31,000. DV Equities LLC acquired a new position in shares of PulteGroup during the fourth quarter valued at about $32,000. Finally, HHM Wealth Advisors LLC lifted its stake in shares of PulteGroup by 158.5% during the first quarter. HHM Wealth Advisors LLC now owns 274 shares of the construction company’s stock worth $32,000 after buying an additional 168 shares during the period. Hedge funds and other institutional investors own 89.90% of the company’s stock.

More PulteGroup News

Here are the key news stories impacting PulteGroup this week:

• Positive Sentiment: Zacks Research raised its PulteGroup EPS forecast for Q4 2026 to $3.04 from $2.87 and lifted its FY2026 forecast to $9.91 from $9.70. It also made a small increase to its Q1 2027 estimate, now at $1.96 versus $1.95 previously. These revisions suggest some confidence in the company’s near-term earnings trajectory.
• Neutral Sentiment: Wall Street’s outlook for PHM is reviewed in a recent analyst-focused article, highlighting the importance of consensus ratings and price targets to the stock’s direction. Are Wall Street analysts predicting PulteGroup stock will climb or sink?
• Neutral Sentiment: PulteGroup entered a repurchase agreement to help finance mortgage originations. The pact may support lending capacity and home sales, although it also exposes the company’s mortgage business to financing and liquidity considerations. PulteGroup enters repurchase pact to finance mortgage originations
• Negative Sentiment: Zacks lowered several estimates, 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, Q1 2028 EPS to $2.40 from $2.46, and FY2028 EPS to $13.26 from $13.45. The breadth of the reductions signals some pressure on longer-term earnings expectations.

Insider Transactions at PulteGroup

In other PulteGroup news, COO Matthew William Koart sold 7,457 shares of the 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 owned 28,100 shares in the company, valued at approximately $3,372,000. This represents a 20.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.75% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. Royal Bank Of Canada raised their target price on PulteGroup from $115.00 to $116.00 and gave the stock a “sector perform” rating in a research note on Thursday, July 23rd. The Goldman Sachs Group upped their target price on PulteGroup from $133.00 to $142.00 and gave the company a “neutral” rating in a research report on Friday, April 24th. Oppenheimer reiterated an “outperform” rating on shares of PulteGroup in a report on Tuesday, May 26th. Barclays lifted their price objective on shares of PulteGroup from $123.00 to $124.00 and gave the company an “equal weight” rating in a research note on Thursday, July 23rd. Finally, UBS Group reiterated a “buy” rating and issued a $166.00 price objective on shares of PulteGroup in a research note on Thursday, July 23rd. Ten equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, PulteGroup presently has an average rating of “Moderate Buy” and an average target price of $143.14.

PulteGroup Stock Down 0.3%

PHM opened at $130.13 on Friday. The company has a fifty day moving average of $128.33 and a two-hundred day moving average of $125.58. The stock has a market capitalization of $24.39 billion, a price-to-earnings ratio of 13.29, a PEG ratio of 1.62 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. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.78 and a current ratio of 0.78.

PulteGroup (NYSE:PHM) last posted its earnings results on Wednesday, July 22nd. The construction company reported $2.48 EPS for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $3.94 billion. During the same period last year, the firm earned $3.03 EPS. The company’s quarterly revenue was down 9.6% on a year-over-year basis. On average, research analysts expect that PulteGroup, Inc. will post 10.12 earnings per share for the current year.

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

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.