PulteGroup (NYSE:PHM) Upgraded to “Hold” at Zacks Research

PulteGroup (NYSE:PHM) was upgraded by research analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued to clients and investors on Monday,Zacks.com reports. Zacks Research also issued estimates for PulteGroup’s Q1 2027 earnings at $2.12 EPS, Q1 2028 earnings at $2.54 EPS and FY2028 earnings at $13.67 EPS.

Several other equities analysts have also weighed in on the stock. Evercore upgraded shares of PulteGroup from an “in-line” rating to an “outperform” rating and set a $146.00 price objective on the stock in a report on Monday. Royal Bank Of Canada upped their price objective on shares of PulteGroup from $111.00 to $115.00 and gave the company a “sector perform” rating in a report on Friday, January 30th. Wells Fargo & Company dropped their price objective on shares of PulteGroup from $150.00 to $132.00 and set an “overweight” rating on the stock in a report on Wednesday, April 8th. UBS Group reiterated a “buy” rating on shares of PulteGroup in a report on Thursday, March 12th. Finally, Truist Financial started coverage on shares of PulteGroup in a research report on Wednesday, March 4th. They set a “buy” rating and a $170.00 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, PulteGroup currently has an average rating of “Moderate Buy” and an average price target of $140.21.

PulteGroup Price Performance

Shares of NYSE PHM opened at $122.69 on Monday. The firm’s 50-day moving average price is $127.26 and its 200-day moving average price is $125.03. PulteGroup has a 1-year low of $91.76 and a 1-year high of $144.49. The firm has a market capitalization of $23.51 billion, a P/E ratio of 11.03, a P/E/G ratio of 1.41 and a beta of 1.33. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.13.

Insider Activity at PulteGroup

In other news, insider Ryan Marshall sold 111,250 shares of the business’s stock in a transaction dated Thursday, February 5th. The shares were sold at an average price of $133.86, for a total transaction of $14,891,925.00. Following the completion of the sale, the insider directly owned 659,392 shares of the company’s stock, valued at $88,266,213.12. The trade was a 14.44% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Brien P. O’meara sold 4,000 shares of the business’s stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $135.51, for a total transaction of $542,040.00. Following the sale, the vice president directly owned 8,601 shares of the company’s stock, valued at approximately $1,165,521.51. The trade was a 31.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 149,952 shares of company stock valued at $20,162,165 over the last quarter. 0.75% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On PulteGroup

A number of institutional investors have recently added to or reduced their stakes in the company. Franklin Resources Inc. grew its position in PulteGroup by 5.1% in the 4th quarter. Franklin Resources Inc. now owns 13,555,304 shares of the construction company’s stock worth $1,589,495,000 after purchasing an additional 655,033 shares in the last quarter. Price T Rowe Associates Inc. MD grew its position in PulteGroup by 126.5% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 4,284,197 shares of the construction company’s stock worth $502,366,000 after purchasing an additional 2,392,580 shares in the last quarter. First Trust Advisors LP grew its position in PulteGroup by 10.4% in the 4th quarter. First Trust Advisors LP now owns 4,000,920 shares of the construction company’s stock worth $469,148,000 after purchasing an additional 377,003 shares in the last quarter. Norges Bank bought a new stake in PulteGroup in the 4th quarter worth about $466,653,000. Finally, Massachusetts Financial Services Co. MA bought a new stake in PulteGroup in the 3rd quarter worth about $315,883,000. 89.90% of the stock is owned by institutional investors.

PulteGroup News Summary

Here are the key news stories impacting PulteGroup this week:

• Positive Sentiment: Evercore ISI upgraded PHM to Outperform and set a $146 price target (roughly +19% upside from recent levels), citing a historic buy signal for homebuilders — a clear catalyst lifting sentiment and trading interest. Evercore ISI upgrades PulteGroup (PHM)
• Positive Sentiment: Coverage and headlines from multiple outlets (247WallStreet, Investing.com) amplified the Evercore call, driving buying pressure across homebuilder names including PHM. Evercore upgrade coverage
• Positive Sentiment: PulteGroup announced expansion of housing development activity (Russell 1000 coverage note), supporting growth visibility and reinforcing the upgrade-driven optimism among investors. PulteGroup expands housing development
• Neutral Sentiment: Analyst and retail commentary questions valuation after a multi-year run (Is it too late to consider PHM?), providing balanced views that may temper further upside until fundamentals confirm continued strength. Is It Too Late To Consider PulteGroup (PHM)?
• Neutral Sentiment: Zacks and other outlets flagged PHM as a trending/actively watched stock, increasing attention and volume but not adding new company-specific fundamentals. Short-term volatility could rise as traders react to analyst notes. Zacks trending stock note
• Negative Sentiment: Goldman Sachs trimmed its price target on PHM to $133, signaling some analyst caution and limiting upside from the current level — this acts as a counterweight to Evercore’s bullish call. Goldman Sachs cuts price target

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.