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

Milford Funds Ltd. cut its stake in PulteGroup, Inc. (NYSE:PHM) by 36.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 312,140 shares of the construction company’s stock after selling 178,168 shares during the quarter. Milford Funds Ltd. owned approximately 0.17% of PulteGroup worth $42,829,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of PHM. National Pension Service lifted its position in shares of PulteGroup by 3.8% in the fourth quarter. National Pension Service now owns 507,443 shares of the construction company’s stock valued at $59,503,000 after acquiring an additional 18,455 shares in the last quarter. Concurrent Investment Advisors LLC increased its position in shares of PulteGroup by 166.5% during the fourth quarter. Concurrent Investment Advisors LLC now owns 16,753 shares of the construction company’s stock worth $1,964,000 after purchasing an additional 10,467 shares in the last quarter. Lecap Asset Management Ltd. acquired a new position in PulteGroup in the 4th quarter valued at $2,183,000. Qsemble Capital Management LP acquired a new position in PulteGroup in the 4th quarter valued at $7,205,000. Finally, River Street Advisors LLC lifted its holdings in PulteGroup by 94.6% in the 1st quarter. River Street Advisors LLC now owns 18,208 shares of the construction company’s stock valued at $2,141,000 after purchasing an additional 8,851 shares in the last quarter. 89.90% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about PulteGroup

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.

Insider Activity

In related news, COO Matthew William Koart sold 7,457 shares of the company’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $120.00, for a total value of $894,840.00. Following the completion of the sale, the chief operating officer owned 28,100 shares of the company’s stock, valued at approximately $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 SEC, which can be accessed through this link. Corporate insiders own 0.75% of the company’s stock.

PulteGroup Stock Down 0.3%

Shares of NYSE:PHM opened at $130.13 on Friday. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.14. The business has a fifty day moving average of $128.33 and a two-hundred day moving average of $125.58. The stock has a market cap of $24.39 billion, a P/E ratio of 13.29, a PEG ratio of 1.62 and a beta of 1.19. PulteGroup, Inc. has a 52-week low of $108.49 and a 52-week high of $144.49.

PulteGroup (NYSE:PHM) last issued its earnings results on Wednesday, July 22nd. The construction company reported $2.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.36 by $0.12. PulteGroup had a return on equity of 15.21% and a net margin of 11.62%.The business had revenue of $3.98 billion during the quarter, compared to the consensus estimate of $3.94 billion. During the same period last year, the company earned $3.03 EPS. The company’s revenue for the quarter was down 9.6% on a year-over-year basis. On average, research analysts expect that PulteGroup, Inc. will post 10.12 earnings per share for the current year.

PulteGroup declared that its board has authorized a stock repurchase plan on Thursday, April 23rd that permits the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization permits the construction company to purchase up to 6.1% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s board of directors believes its stock is undervalued.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on PHM. Bank of America lowered their target price on shares of PulteGroup from $145.00 to $140.00 and set a “buy” rating on the stock in a research note on Monday, April 20th. Wells Fargo & Company raised their price target on shares of PulteGroup from $140.00 to $150.00 and gave the stock an “overweight” rating in a research note on Monday, July 6th. Barclays raised their price target on shares of PulteGroup from $123.00 to $124.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 23rd. Oppenheimer reaffirmed an “outperform” rating on shares of PulteGroup in a research note on Tuesday, May 26th. Finally, Weiss Ratings raised shares of PulteGroup from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, July 23rd. Ten research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $143.14.

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.