SEB Asset Management AB Takes Position in PulteGroup, Inc. $PHM

SEB Asset Management AB bought a new stake in shares of PulteGroup, Inc. (NYSE:PHM) in the first quarter, HoldingsChannel.com reports. The institutional investor bought 41,715 shares of the construction company’s stock, valued at approximately $4,906,000.

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

Key Headlines Impacting PulteGroup

Here are the key news stories impacting PulteGroup this week:

• Positive Sentiment: PulteGroup beat Q2 profit and revenue estimates, which is supporting the stock. PulteGroup Reports Second Quarter 2026 Financial Results
• Positive Sentiment: New orders rose year over year, signaling continued demand in key housing markets. PulteGroup Q2 Earnings & Revenues Beat Estimates, New Orders Up Y/Y
• Neutral Sentiment: Management said its diversified operating model is helping offset market weakness, but the company still faces affordability pressure and softer homebuying conditions. PulteGroup, Inc. (PHM) Q2 2026 Earnings Call Transcript
• Negative Sentiment: Profit declined from a year ago as revenue fell 9.6% and margins remained under pressure, reflecting a still-challenging housing market. PulteGroup Profit Falls on Declining Revenue

PulteGroup Stock Up 1.6%

Shares of NYSE:PHM opened at $126.27 on Thursday. The stock has a fifty day simple moving average of $123.53 and a two-hundred day simple moving average of $125.18. The stock has a market capitalization of $24.05 billion, a price-to-earnings ratio of 12.21, a PEG ratio of 1.58 and a beta of 1.18. PulteGroup, Inc. has a 12-month low of $108.49 and a 12-month high of $144.49. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.14.

PulteGroup (NYSE:PHM) last released its earnings results on Wednesday, July 22nd. The construction company reported $2.48 EPS for the quarter, topping analysts’ consensus estimates of $2.36 by $0.12. PulteGroup had a return on equity of 16.41% and a net margin of 12.14%.The firm had revenue of $3.98 billion for the quarter, compared to analysts’ expectations of $3.94 billion. During the same period in the prior year, the firm posted $3.03 earnings per share. The company’s quarterly revenue was down 9.6% on a year-over-year basis. On average, research analysts anticipate that PulteGroup, Inc. will post 9.95 earnings per share for the current fiscal year.

PulteGroup declared that its board has initiated a stock repurchase 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 generally a sign that the company’s management believes its stock is undervalued.

PulteGroup Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 2nd. Investors of record on Tuesday, June 16th were given a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend was Tuesday, June 16th. PulteGroup’s dividend payout ratio is 10.06%.

Insider Activity

In other news, 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 transaction, the director owned 3,540 shares in the company, valued at approximately $414,817.20. This represents a 48.54% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, COO Matthew William Koart sold 7,457 shares of the company’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 completion of 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 position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.75% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. Truist Financial decreased their price target on shares of PulteGroup from $170.00 to $150.00 and set a “buy” rating for the company in a research note on Thursday, April 16th. Seaport Research Partners reaffirmed a “sell” rating and set a $100.00 price objective (down from $155.00) on shares of PulteGroup in a research report on Tuesday, April 7th. Evercore increased their target price on PulteGroup from $146.00 to $151.00 and gave the stock an “outperform” rating in a research report on Friday, April 24th. Weiss Ratings cut PulteGroup from a “buy (b-)” rating to a “hold (c)” rating in a research note on Monday, April 27th. Finally, The Goldman Sachs Group upped their price target on PulteGroup from $133.00 to $142.00 and gave the stock a “neutral” rating in a research note on Friday, April 24th. Ten research 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 presently has a consensus rating of “Moderate Buy” and an average target price of $142.21.

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.