PulteGroup, Inc. $PHM Shares Sold by Milford Funds Ltd.

Milford Funds Ltd. trimmed its holdings in PulteGroup, Inc. (NYSE:PHM) by 36.3% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 312,140 shares of the construction company’s stock after selling 178,168 shares during the period. Milford Funds Ltd.’s holdings in PulteGroup were worth $42,829,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Cedar Mountain Advisors LLC raised its position in PulteGroup by 1,650.0% in the first 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 acquired a new position in shares of PulteGroup in the 1st quarter valued at $29,000. Rachor Investment Advisory Services LLC purchased a new position in shares of PulteGroup during the 4th quarter worth $31,000. DV Equities LLC purchased a new position in shares of PulteGroup during the 4th quarter worth $32,000. Finally, HHM Wealth Advisors LLC increased its position 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 worth $32,000 after purchasing an additional 168 shares during the last quarter. 89.90% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at PulteGroup

In other PulteGroup news, COO Matthew William Koart sold 7,457 shares of the business’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $120.00, for a total transaction of $894,840.00. Following the sale, the chief operating officer directly owned 28,100 shares in the company, valued at $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 Securities & Exchange Commission, which is available at the SEC website. 0.75% of the stock is owned by company insiders.

Key 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.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the stock. Barclays boosted their price objective on shares of PulteGroup from $123.00 to $124.00 and gave the company an “equal weight” rating in a report on Thursday, July 23rd. Royal Bank Of Canada increased their target price on shares of PulteGroup from $115.00 to $116.00 and gave the stock a “sector perform” rating in a research note on Thursday, July 23rd. Evercore reiterated an “outperform” rating and set a $162.00 price target on shares of PulteGroup in a research report on Thursday, July 23rd. Citigroup reduced their price target on shares of PulteGroup from $138.00 to $134.00 and set a “neutral” rating on the stock in a research note on Friday, July 24th. Finally, Bank of America decreased their price objective on shares of PulteGroup from $145.00 to $140.00 and set a “buy” rating on the stock in a report on Monday, April 20th. Ten equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $143.14.

PulteGroup Price Performance

PHM stock opened at $130.13 on Friday. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.14. The company has a market capitalization of $24.39 billion, a PE ratio of 13.29, a P/E/G ratio of 1.62 and a beta of 1.19. PulteGroup, Inc. has a 12-month low of $108.49 and a 12-month high of $144.49. The business’s fifty day moving average price is $128.33 and its 200 day moving average price is $125.58.

PulteGroup (NYSE:PHM) last posted its earnings results 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 for the quarter, compared to analyst estimates of $3.94 billion. During the same quarter in the prior year, the company earned $3.03 EPS. PulteGroup’s revenue was down 9.6% on a year-over-year basis. On average, sell-side analysts anticipate that PulteGroup, Inc. will post 10.12 EPS for the current year.

PulteGroup announced that its Board of Directors has authorized a stock repurchase program on Thursday, April 23rd that allows the company to buyback $1.50 billion in outstanding shares. This buyback authorization allows the construction company to purchase up to 6.1% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s leadership believes its shares are undervalued.

PulteGroup Company 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.