PulteGroup, Inc. $PHM Shares Bought by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC grew its position in shares of PulteGroup, Inc. (NYSE:PHM) by 10.5% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 105,470 shares of the construction company’s stock after buying an additional 10,028 shares during the quarter. Nisa Investment Advisors LLC owned 0.05% of PulteGroup worth $13,959,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Norges Bank acquired a new position in shares of PulteGroup during the second quarter worth about $404,339,000. First Trust Advisors LP boosted its holdings in PulteGroup by 27.2% in the 2nd quarter. First Trust Advisors LP now owns 3,199,906 shares of the construction company’s stock valued at $337,462,000 after purchasing an additional 683,728 shares in the last quarter. American Century Companies Inc. increased its position in PulteGroup by 143.8% during the 2nd quarter. American Century Companies Inc. now owns 772,762 shares of the construction company’s stock worth $81,496,000 after purchasing an additional 455,754 shares during the period. Assenagon Asset Management S.A. increased its position in PulteGroup by 1,248.6% during the 2nd quarter. Assenagon Asset Management S.A. now owns 435,580 shares of the construction company’s stock worth $45,936,000 after purchasing an additional 403,281 shares during the period. Finally, Amundi raised its stake in shares of PulteGroup by 38.4% during the 2nd quarter. Amundi now owns 1,375,535 shares of the construction company’s stock worth $153,152,000 after buying an additional 381,380 shares in the last quarter. Hedge funds and other institutional investors own 89.90% of the company’s stock.

PulteGroup Stock Up 7.3%

PHM opened at $132.19 on Friday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.81 and a current ratio of 0.81. The company has a market cap of $25.77 billion, a price-to-earnings ratio of 10.18, a PEG ratio of 1.00 and a beta of 1.33. PulteGroup, Inc. has a one year low of $88.07 and a one year high of $142.11. The business’s fifty day moving average is $121.58 and its two-hundred day moving average is $122.65.

PulteGroup (NYSE:PHM) last announced its quarterly earnings results on Tuesday, October 21st. The construction company reported $2.96 earnings per share for the quarter, beating analysts’ consensus estimates of $2.86 by $0.10. The business had revenue of $4.40 billion during the quarter, compared to analysts’ expectations of $4.31 billion. PulteGroup had a return on equity of 19.58% and a net margin of 14.93%.The business’s revenue for the quarter was down 1.6% on a year-over-year basis. During the same quarter last year, the business posted $3.35 earnings per share. Analysts anticipate that PulteGroup, Inc. will post 12.32 EPS for the current fiscal year.

PulteGroup Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, January 6th. Shareholders of record on Tuesday, December 16th were given a dividend of $0.26 per share. The ex-dividend date was Tuesday, December 16th. This is an increase from PulteGroup’s previous quarterly dividend of $0.22. This represents a $1.04 dividend on an annualized basis and a yield of 0.8%. PulteGroup’s dividend payout ratio (DPR) is presently 8.01%.

More PulteGroup News

Here are the key news stories impacting PulteGroup this week:

• Positive Sentiment: Citizens initiated coverage of PulteGroup with a Market Outperform (buy) recommendation, a clear upside catalyst that can attract investor inflows. Citizens Jmp Begins Coverage on PulteGroup
• Positive Sentiment: Unusually large call-option activity: nearly 10k calls traded (a ~1,498% jump over normal), indicating speculative or hedged bullish bets that likely pushed intraday buying and implied-volatility interest. Investors Purchase High Volume of Call Options on PulteGroup
• Positive Sentiment: Media pieces highlighting strong multi‑year returns (investors up ~198% over five years) and Wall Street optimism provide supportive sentiment for longer-term holders and momentum buyers. Those who invested in PulteGroup five years ago are up 198% Wall Street Bulls Look Optimistic About PulteGroup
• Neutral Sentiment: Industry teardown and “why it’s trading” pieces provide context and may draw retail/institutional attention, but offer mixed, non‑actionable takeaways. Home Builders Stocks Q3 Teardown: PulteGroup Vs The Rest Why PulteGroup Stock Is Trading Up Today
• Negative Sentiment: Citigroup reduced its price target from $135 to $128 and set a Neutral rating — a formal signal that could cap upside for some investors and weigh on near-term sentiment. Citigroup Lowers Price Target on PulteGroup
• Negative Sentiment: Wells Fargo lowered expectations for PHM as well, adding downward analyst pressure that could prompt profit-taking after recent gains. Wells Fargo Lowers Expectations for PulteGroup

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the company. Evercore ISI decreased their price target on PulteGroup from $154.00 to $134.00 and set an “in-line” rating on the stock in a research note on Wednesday, October 22nd. Citizens Jmp assumed coverage on PulteGroup in a report on Wednesday. They issued a “market outperform” rating and a $145.00 target price for the company. Wall Street Zen lowered shares of PulteGroup from a “hold” rating to a “sell” rating in a research report on Saturday, January 3rd. Bank of America lowered their price target on shares of PulteGroup from $145.00 to $140.00 and set a “buy” rating on the stock in a research note on Friday, October 10th. Finally, BTIG Research started coverage on shares of PulteGroup in a report on Monday, December 1st. They issued a “neutral” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, PulteGroup presently has an average rating of “Moderate Buy” and a consensus target price of $135.92.

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.