UBS Group Has Lowered Expectations for PulteGroup (NYSE:PHM) Stock Price

PulteGroup (NYSE:PHM) had its price target decreased by analysts at UBS Group from $166.00 to $162.00 in a research report issued on Friday, Benzinga reports. The firm presently has a “buy” rating on the construction company’s stock. UBS Group‘s price target indicates a potential upside of 34.11% from the stock’s previous close.

Several other analysts have also weighed in on the stock. Wells Fargo & Company decreased their target price on shares of PulteGroup from $150.00 to $145.00 and set an “overweight” rating on the stock in a research report on Friday, September 11th. Royal Bank Of Canada lowered their target price on shares of PulteGroup from $111.00 to $110.00 and set a “sector perform” rating on the stock in a research note on Friday. Barclays dropped their price target on shares of PulteGroup from $110.00 to $109.00 and set an “equal weight” rating for the company in a research report on Friday. Weiss Ratings upgraded shares of PulteGroup from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, October 16th. Finally, Wolfe Research set a $129.00 price objective on PulteGroup and gave the company an “outperform” rating in a report on Monday, August 24th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $136.94.

PulteGroup Stock Performance

Shares of NYSE PHM traded up $1.31 during trading hours on Friday, reaching $120.79. The stock had a trading volume of 1,828,062 shares, compared to its average volume of 1,812,365. The business’s fifty day moving average is $119.99 and its two-hundred day moving average is $122.71. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.78 and a quick ratio of 0.78. The company has a market cap of $22.64 billion, a price-to-earnings ratio of 12.36, a PEG ratio of 1.57 and a beta of 1.16. PulteGroup has a twelve month low of $107.15 and a twelve month high of $144.49.

PulteGroup (NYSE:PHM) last issued its earnings results on Thursday, October 22nd. The construction company reported $2.53 EPS for the quarter, missing the consensus estimate of $2.63 by ($0.10). The firm had revenue of $3.97 billion during the quarter, compared to the consensus estimate of $4.15 billion. PulteGroup had a return on equity of 15.21% and a net margin of 11.62%. The firm’s revenue for the quarter was down 9.8% compared to the same quarter last year. During the same period last year, the business earned $2.96 earnings per share. As a group, research analysts expect that PulteGroup will post 10.06 EPS for the current year.

Institutional Trading of PulteGroup

Hedge funds have recently modified their holdings of the stock. V Square Quantitative Management LLC increased its holdings in shares of PulteGroup by 20.9% in the third quarter. V Square Quantitative Management LLC now owns 7,341 shares of the construction company’s stock valued at $852,000 after purchasing an additional 1,268 shares in the last quarter. QRG Capital Management Inc. raised its position in PulteGroup by 9.6% in the 2nd quarter. QRG Capital Management Inc. now owns 151,274 shares of the construction company’s stock worth $20,756,000 after purchasing an additional 13,312 shares during the last quarter. Envestnet Portfolio Solutions Inc. raised its position in PulteGroup by 9.5% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 8,732 shares of the construction company’s stock worth $1,198,000 after purchasing an additional 754 shares during the last quarter. Envestnet Asset Management Inc. raised its position in PulteGroup by 5.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 359,552 shares of the construction company’s stock worth $49,333,000 after purchasing an additional 18,524 shares during the last quarter. Finally, State Street Corp lifted its holdings in PulteGroup by 3.2% during the 2nd quarter. State Street Corp now owns 9,174,111 shares of the construction company’s stock worth $1,261,092,000 after buying an additional 288,054 shares in the last quarter. 89.90% of the stock is owned by institutional investors.

More PulteGroup News

Here are the key news stories impacting PulteGroup this week:

• Positive Sentiment: PulteGroup reported third-quarter net income of approximately $476 million, or $2.53 per share. Although earnings declined from $2.96 per share a year earlier, the company said its diversified platform—including its active-adult business—continues to provide resilience as affordability pressures weigh on buyers. PulteGroup Reports Third Quarter 2026 Financial Results
• Positive Sentiment: Backlog growth and relatively strong profitability remain key positives. Analysts noted that PulteGroup’s backlog and active-adult segment could cushion softer current demand, while its cash flow and balance sheet make the shares appear attractively valued to some investors. PHM Q3 deep dive: housing demand softens, but backlog and active adult segment offer resilience
• Neutral Sentiment: Management expects 27,000–27,500 full-year home closings and plans approximately $5.3 billion in 2026 land investments. The targets signal continued expansion, but the substantial land spending also increases the importance of a sustained recovery in housing demand. PulteGroup anticipates full-year closings and 2026 land spend
• Negative Sentiment: Third-quarter EPS of $2.53 missed the $2.63 consensus estimate, while revenue of $3.97 billion fell short of the $4.15 billion forecast and declined 9.8% year over year. Lower closings, softer demand, and narrower margins outweighed the company’s backlog strength. PHM Q3 Earnings Miss Estimates on Lower Closings and Margins
• Negative Sentiment: Royal Bank of Canada cut its price target to $110 from $111 and maintained a “sector perform” rating, implying limited upside from recent trading levels. Rising mortgage rates, inflation, and weaker luxury-home demand remain the primary near-term risks. Royal Bank of Canada analyst rating

PulteGroup Company Profile

PulteGroup, Inc is a major U.S. homebuilding company that designs, builds and sells homes for a range of buyers, including first-time, move-up and active-adult customers. Its operations include land acquisition and development, home construction, sales and marketing, and customer service.

The company markets homes under several well-known brands, including Pulte, Centex, Del Webb, DiVosta and American West. Through these brands, PulteGroup offers a variety of single-family home designs and communities, with products tailored to different price points, lifestyles and stages of homeownership.