PulteGroup, Inc. $PHM Shares Purchased by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in PulteGroup, Inc. (NYSE:PHM) by 7.9% in the 4th quarter, HoldingsChannel reports. The firm owned 423,707 shares of the construction company’s stock after purchasing an additional 30,988 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in PulteGroup were worth $50,451,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in PHM. Focus Partners Wealth grew its holdings in PulteGroup by 20.5% in the 1st quarter. Focus Partners Wealth now owns 12,517 shares of the construction company’s stock valued at $1,287,000 after buying an additional 2,128 shares during the period. EverSource Wealth Advisors LLC grew its holdings in PulteGroup by 197.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,212 shares of the construction company’s stock valued at $128,000 after buying an additional 804 shares during the period. Guggenheim Capital LLC grew its holdings in PulteGroup by 12.9% in the 2nd quarter. Guggenheim Capital LLC now owns 8,519 shares of the construction company’s stock valued at $898,000 after buying an additional 975 shares during the period. Baird Financial Group Inc. grew its holdings in PulteGroup by 8.0% in the 2nd quarter. Baird Financial Group Inc. now owns 29,060 shares of the construction company’s stock valued at $3,065,000 after buying an additional 2,164 shares during the period. Finally, Cerity Partners LLC grew its holdings in PulteGroup by 17.6% in the 2nd quarter. Cerity Partners LLC now owns 41,677 shares of the construction company’s stock valued at $4,395,000 after buying an additional 6,240 shares during the period. Hedge funds and other institutional investors own 89.90% of the company’s stock.

PulteGroup News Summary

Here are the key news stories impacting PulteGroup this week:

• Positive Sentiment: Zacks Research raised its Q4 2026 EPS estimate for PulteGroup to $2.87 from $2.78, suggesting slightly better-than-expected profitability in that period.
• Positive Sentiment: Zacks Research also increased its Q4 2027 EPS estimate to $3.25 from $3.22, indicating improved longer-term earnings expectations. Article link
• Neutral Sentiment: The stock is drawing extra investor attention after being highlighted as one of Zacks.com’s most-watched names, which can increase trading interest but does not by itself change fundamentals. Article link
• Negative Sentiment: Analysts trimmed PulteGroup’s Q2 2026 EPS estimate to $2.37 from $2.60, a meaningful cut that may weigh on sentiment around near-term results.
• Negative Sentiment: Estimates were also cut for Q3 2026, Q2 2027, Q3 2027 and full-year FY2026 earnings, with FY2026 lowered to $9.70 from $9.85, reinforcing a more cautious earnings outlook. Article link

Insider Buying and Selling

In other PulteGroup news, Director Lila Snyder sold 3,339 shares of the company’s stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $117.18, for a total value of $391,264.02. Following the completion of the transaction, the director owned 3,540 shares in the company, valued at $414,817.20. This represents a 48.54% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Kevin A. Henry sold 5,173 shares of the company’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $141.03, for a total value of $729,548.19. Following the completion of the transaction, the executive vice president owned 14,673 shares of the company’s stock, valued at approximately $2,069,333.19. This represents a 26.07% decrease in their position. The SEC filing for this sale provides additional information. 0.75% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several analysts have commented on PHM shares. Wells Fargo & Company lifted their price target on PulteGroup from $132.00 to $140.00 and gave the company an “overweight” rating in a report on Friday, April 24th. Bank of America lowered their price target on PulteGroup from $145.00 to $140.00 and set a “buy” rating for the company in a report on Monday, April 20th. Oppenheimer restated an “outperform” rating and issued a $149.00 price target (up from $140.00) on shares of PulteGroup in a report on Friday, January 30th. Wall Street Zen upgraded PulteGroup from a “sell” rating to a “hold” rating in a report on Sunday, January 11th. Finally, Royal Bank Of Canada lifted their price target on PulteGroup from $111.00 to $115.00 and gave the company a “sector perform” rating in a report on Friday, January 30th. Ten analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $140.71.

PulteGroup Stock Up 0.6%

Shares of NYSE:PHM opened at $117.52 on Friday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.94 and a current ratio of 0.94. PulteGroup, Inc. has a 1 year low of $95.20 and a 1 year high of $144.49. The stock has a market capitalization of $22.39 billion, a P/E ratio of 11.37, a PEG ratio of 1.48 and a beta of 1.23. The stock has a 50-day simple moving average of $122.86 and a 200-day simple moving average of $124.59.

PulteGroup (NYSE:PHM) last issued its earnings results on Thursday, April 23rd. The construction company reported $1.79 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.80 by ($0.01). PulteGroup had a return on equity of 16.41% and a net margin of 12.14%.The firm had revenue of $3.41 billion for the quarter, compared to analysts’ expectations of $3.40 billion. During the same quarter in the previous year, the firm posted $2.57 EPS. The firm’s revenue for the quarter was down 12.4% compared to the same quarter last year. Equities analysts forecast that PulteGroup, Inc. will post 10 earnings per share for the current year.

PulteGroup declared that its Board of Directors has initiated a share buyback plan on Thursday, April 23rd that allows the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization allows the construction company to repurchase up to 6.1% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s leadership believes its stock is undervalued.

PulteGroup Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 2nd. Shareholders of record on Tuesday, June 16th will be issued a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Tuesday, June 16th. PulteGroup’s dividend payout ratio is currently 10.06%.

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.