Federated Hermes Inc. Sells 24,898 Shares of PulteGroup, Inc. $PHM

Federated Hermes Inc. lessened its stake in shares of PulteGroup, Inc. (NYSE:PHM) by 76.1% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 7,798 shares of the construction company’s stock after selling 24,898 shares during the period. Federated Hermes Inc.’s holdings in PulteGroup were worth $1,030,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Truist Financial Corp increased its stake in PulteGroup by 5.3% in the third quarter. Truist Financial Corp now owns 80,566 shares of the construction company’s stock valued at $10,645,000 after purchasing an additional 4,047 shares in the last quarter. J. Safra Sarasin Holding AG boosted its position in shares of PulteGroup by 231.4% during the 3rd quarter. J. Safra Sarasin Holding AG now owns 9,631 shares of the construction company’s stock worth $1,273,000 after purchasing an additional 6,725 shares in the last quarter. Phoenix Financial Ltd. acquired a new stake in shares of PulteGroup in the 3rd quarter valued at about $355,000. Clark Financial Services Group Inc. BD increased its position in PulteGroup by 16.6% in the 3rd quarter. Clark Financial Services Group Inc. BD now owns 3,706 shares of the construction company’s stock valued at $490,000 after buying an additional 528 shares in the last quarter. Finally, National Wealth Management Group LLC acquired a new position in PulteGroup during the 3rd quarter worth approximately $705,000. 89.90% of the stock is owned by institutional investors.

Insider Activity at PulteGroup

In related news, VP Brien P. O’meara sold 4,000 shares of the stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $135.51, for a total transaction of $542,040.00. Following the completion of the transaction, the vice president owned 8,601 shares in the company, valued at approximately $1,165,521.51. This represents a 31.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Todd N. Sheldon sold 14,220 shares of the firm’s stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $135.01, for a total transaction of $1,919,842.20. Following the sale, the executive vice president owned 69,753 shares of the company’s stock, valued at $9,417,352.53. This trade represents a 16.93% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 144,779 shares of company stock valued at $19,432,616 over the last quarter. Corporate insiders own 0.76% of the company’s stock.

PulteGroup Stock Performance

Shares of PHM opened at $135.21 on Friday. The stock has a 50 day moving average of $125.34 and a 200 day moving average of $125.45. The company has a market capitalization of $26.00 billion, a price-to-earnings ratio of 12.16, a PEG ratio of 1.53 and a beta of 1.33. PulteGroup, Inc. has a 12 month low of $88.07 and a 12 month high of $142.11. The company has a current ratio of 1.01, a quick ratio of 0.81 and a debt-to-equity ratio of 0.13.

PulteGroup Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 2nd. Stockholders of record on Tuesday, March 17th will be paid a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Tuesday, March 17th. PulteGroup’s payout ratio is presently 9.35%.

Trending Headlines about PulteGroup

Here are the key news stories impacting PulteGroup this week:

• 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

Analyst Upgrades and Downgrades

PHM has been the subject of a number of research reports. Raymond James Financial reissued an “outperform” rating and issued a $145.00 price objective on shares of PulteGroup in a research note on Wednesday. Citigroup lifted their price target on shares of PulteGroup from $128.00 to $136.00 and gave the company a “neutral” rating in a research report on Tuesday. Wells Fargo & Company upped their price objective on shares of PulteGroup from $132.00 to $150.00 and gave the stock an “overweight” rating in a report on Wednesday, January 14th. UBS Group reduced their price objective on shares of PulteGroup from $160.00 to $159.00 and set a “buy” rating for the company in a report on Tuesday, January 6th. Finally, Royal Bank Of Canada boosted their target price on shares of PulteGroup from $111.00 to $115.00 and gave the stock a “sector perform” rating in a research report on Friday, January 30th. Nine equities research 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. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $140.15.

PulteGroup 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.