22,097 Shares in PulteGroup, Inc. $PHM Bought by Lombard Odier Asset Management Europe Ltd

Lombard Odier Asset Management Europe Ltd bought a new stake in PulteGroup, Inc. (NYSE:PHM) in the 1st quarter, Holdings Channel reports. The institutional investor bought 22,097 shares of the construction company’s stock, valued at approximately $2,599,000.

A number of other hedge funds have also recently made changes to their positions in PHM. Cedar Mountain Advisors LLC grew its holdings in shares of PulteGroup by 1,650.0% during the first quarter. Cedar Mountain Advisors LLC now owns 210 shares of the construction company’s stock worth $25,000 after purchasing an additional 198 shares during the last quarter. NFSG Corp bought a new position in PulteGroup in the 1st quarter valued at approximately $29,000. Rachor Investment Advisory Services LLC bought a new position in PulteGroup in the 4th quarter valued at approximately $31,000. HHM Wealth Advisors LLC boosted its position in PulteGroup by 158.5% during the 1st quarter. HHM Wealth Advisors LLC now owns 274 shares of the construction company’s stock worth $32,000 after buying an additional 168 shares during the period. Finally, DV Equities LLC acquired a new stake in PulteGroup during the 4th quarter worth approximately $32,000. 89.90% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, COO Matthew William Koart sold 7,457 shares of PulteGroup stock in a transaction on 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 trade represents a 20.97% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Lila Snyder sold 3,339 shares of PulteGroup stock in a transaction on Friday, May 8th. The shares were sold at an average price of $117.18, for a total transaction of $391,264.02. Following the completion of the sale, the director directly owned 3,540 shares of the company’s stock, valued at approximately $414,817.20. The trade was a 48.54% decrease in their position. The SEC filing for this sale provides additional information. 0.75% of the stock is owned by corporate insiders.

Analyst Ratings Changes

PHM has been the subject of several recent research reports. Oppenheimer restated an “outperform” rating on shares of PulteGroup in a research report on Tuesday, May 26th. The Goldman Sachs Group lifted their price target on shares of PulteGroup from $133.00 to $142.00 and gave the stock a “neutral” rating in a report on Friday, April 24th. Citigroup reduced their price objective on shares of PulteGroup from $138.00 to $134.00 and set a “neutral” rating on the stock in a research note on Friday. Weiss Ratings raised PulteGroup from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday. Finally, Wells Fargo & Company raised their target price on PulteGroup from $140.00 to $150.00 and gave the stock an “overweight” rating in a research report on Monday, July 6th. Ten equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $143.14.

PulteGroup Stock Up 3.4%

Shares of NYSE PHM opened at $128.85 on Friday. The company’s 50 day moving average price is $124.12 and its 200-day moving average price is $125.25. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.94 and a current ratio of 0.78. PulteGroup, Inc. has a 52-week low of $108.49 and a 52-week high of $144.49. The company has a market capitalization of $24.15 billion, a P/E ratio of 13.16, a price-to-earnings-growth ratio of 1.63 and a beta of 1.18.

PulteGroup (NYSE:PHM) last posted its quarterly earnings results on Wednesday, July 22nd. The construction company reported $2.48 earnings per share for the quarter, topping analysts’ consensus estimates of $2.36 by $0.12. The business had revenue of $3.98 billion for the quarter, compared to the consensus estimate of $3.94 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 9.6% on a year-over-year basis. During the same period in the prior year, the business earned $3.03 EPS. Equities analysts forecast that PulteGroup, Inc. will post 10.08 earnings per share for the current year.

PulteGroup announced that its board has authorized a share buyback program on Thursday, April 23rd that allows the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization allows the construction company to buy up to 6.1% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s board of directors believes its stock is undervalued.

PulteGroup Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 2nd. Stockholders of record on Tuesday, June 16th were issued a dividend of $0.26 per share. The ex-dividend date was Tuesday, June 16th. This represents a $1.04 annualized dividend and a dividend yield of 0.8%. PulteGroup’s payout ratio is currently 10.62%.

Key Headlines Impacting PulteGroup

Here are the key news stories impacting PulteGroup this week:

• Positive Sentiment: PulteGroup continues to benefit from a solid backlog, growing net new orders, and a conservative balance sheet, which supports visibility into future revenue and cash flow. PulteGroup Offers A Stable Home For Real Estate Investors
• Positive Sentiment: The company’s Q2 earnings beat, ongoing share buybacks, and guidance for about $1 billion in operating cash flow help offset some of the near-term housing market pressure. Is PHM Stock Attractive After Its Q2 Earnings Beat and Margin Slide?
• Positive Sentiment: Management is using community growth and tighter spec inventory to support sales, suggesting PHM is actively managing through affordability challenges better than some peers. How PulteGroup Is Balancing Orders, Inventory and Margin Pressure
• Neutral Sentiment: Several recent articles and earnings-call summaries frame the quarter as a balance of growth and pressure, reinforcing a wait-and-see stance rather than a clear re-rating catalyst. PulteGroup Inc (PHM) Q2 2026 Earnings Call Highlights
• Negative Sentiment: Margin pressure, weaker fundamentals, and falling estimates are limiting upside, which helps explain why the stock has not fully rewarded the earnings beat. Is PHM Stock Attractive After Its Q2 Earnings Beat and Margin Slide?
• Negative Sentiment: Recent reporting noted the shares declined despite the earnings beat, reflecting investor concern that the housing cycle remains pressured and that profitability may stay under strain. PulteGroup shares decline despite second-quarter earnings beat

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.