PulteGroup, Inc. (NYSE:PHM – Get Free Report) COO Matthew William Koart sold 15,309 shares of the stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $135.79, for a total transaction of $2,078,809.11. Following the completion of the transaction, the chief operating officer owned 42,418 shares of the company’s stock, valued at approximately $5,759,940.22. The trade was a 26.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
PulteGroup Stock Up 0.9%
NYSE:PHM traded up $1.16 during mid-day trading on Friday, hitting $135.21. 1,988,569 shares of the company’s stock were exchanged, compared to its average volume of 2,006,891. The company has a market cap of $26.35 billion, a PE ratio of 12.16, a P/E/G ratio of 1.48 and a beta of 1.33. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.01 and a quick ratio of 0.81. PulteGroup, Inc. has a one year low of $88.07 and a one year high of $142.11. The business has a fifty day moving average price of $125.18 and a 200 day moving average price of $125.27.
PulteGroup Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Thursday, April 2nd. Shareholders of record on Tuesday, March 17th will be issued a $0.26 dividend. This represents a $1.04 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Tuesday, March 17th. PulteGroup’s payout ratio is 9.35%.
PulteGroup News Roundup
- Positive Sentiment: Del Webb (Pulte’s active-adult brand) broke ground on two resort‑style communities in the Columbus, OH area — a sign of geographic expansion and ongoing community starts that could support future revenue and backlog growth. Del Webb Breaks Ground
- Positive Sentiment: PulteGroup announced a quarterly cash dividend of $0.26 per share (annualized yield ~0.8%), reinforcing shareholder returns and signaling confidence in cash flow. Ex-dividend and record dates were disclosed with the payout scheduled for April. Dividend Announcement
- Neutral Sentiment: Unusually heavy call-option buying (nearly 9,941 calls in one session, ~1,498% above typical volume) suggests some traders are positioned for further upside, but options flow can be speculative and short‑term. Options Volume Report
- Neutral Sentiment: Recent coverage/analysis highlights shifting fair‑value and street views on PHM; useful context for investors but not an immediate catalyst. Analyst/Valuation Story
- Negative Sentiment: Several executives disclosed sizeable open‑market stock sales this week (large supply from insiders can pressure sentiment): COO Matthew Koart sold 15,309 shares (~$2.08M). Koart Form 4
- Negative Sentiment: EVP Todd N. Sheldon sold 14,220 shares (~$1.92M), reducing his stake ~17% — another notable insider liquidation. Sheldon Form 4
- Negative Sentiment: VP Brien P. O’Meara sold 4,000 shares (~$542k), cutting his holding by ~31.7%. O’Meara Form 4
- Negative Sentiment: Insider Ryan Marshall sold 111,250 shares (~$14.9M), a ~14.4% reduction — the largest single insider sale reported and the most likely near‑term negative signal for sentiment. Marshall Form 4
Institutional Trading of PulteGroup
Hedge funds have recently bought and sold shares of the company. Rachor Investment Advisory Services LLC bought a new stake in shares of PulteGroup during the 4th quarter valued at about $31,000. Private Wealth Management Group LLC boosted its holdings in shares of PulteGroup by 281.7% in the third quarter. Private Wealth Management Group LLC now owns 271 shares of the construction company’s stock worth $36,000 after buying an additional 200 shares during the last quarter. Twin Peaks Wealth Advisors LLC bought a new stake in PulteGroup during the second quarter valued at approximately $32,000. High Point Wealth Management LLC bought a new stake in PulteGroup during the fourth quarter valued at approximately $38,000. Finally, Rexford Capital Inc. purchased a new stake in PulteGroup during the second quarter valued at approximately $35,000. Hedge funds and other institutional investors own 89.90% of the company’s stock.
Wall Street Analyst Weigh In
Several brokerages have recently issued reports on PHM. Zacks Research downgraded shares of PulteGroup from a “hold” rating to a “strong sell” rating in a research note on Monday, January 26th. Barclays set a $115.00 price objective on PulteGroup in a research report on Monday, December 8th. Raymond James Financial reissued an “outperform” rating and issued a $145.00 target price on shares of PulteGroup in a report on Wednesday. Evercore increased their price objective on PulteGroup from $134.00 to $143.00 in a research report on Friday, January 30th. Finally, Weiss Ratings upgraded PulteGroup from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, January 12th. Nine analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $140.15.
Read Our Latest Analysis on PHM
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.
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