PulteGroup (NYSE:PHM) Shares Break Below 50 Day Moving Average – Here’s What Happened

14 Oct 2026, 08:21 by Tristan Rich · The Markets Daily

PulteGroup, Inc. (NYSE:PHM – Get Free Report) crossed below its 50-day moving average during trading on Tuesday. The stock has a 50-day moving average of $122.48 and traded as low as $111.14. PulteGroup shares last traded at $111.7270, with a volume of 1,784,813 shares changing hands.

Analyst Ratings Changes

Several research firms have recently weighed in on PHM. Truist Financial lowered their target price on shares of PulteGroup from $145.00 to $136.00 and set a “buy” rating on the stock in a report on Wednesday, September 16th. Piper Sandler cut shares of PulteGroup to a “hold” rating and set a $145.00 target price for the company. in a research report on Thursday, October 8th. UBS Group reissued a “buy” rating and set a $166.00 price target on shares of PulteGroup in a report on Thursday, July 23rd. Evercore restated an “outperform” rating on shares of PulteGroup in a research report on Friday, September 25th. Finally, Wolfe Research set a $129.00 price objective on shares of PulteGroup and gave the stock an “outperform” rating in a research note on Monday, August 24th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $138.94.

Read Our Latest Research Report on PHM

PulteGroup Stock Performance

The company has a market capitalization of $20.94 billion, a price-to-earnings ratio of 11.41, a price-to-earnings-growth ratio of 1.54 and a beta of 1.16. 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 stock has a 50 day moving average price of $122.48 and a two-hundred day moving average price of $122.87.

PulteGroup (NYSE:PHM – Get Free Report) last released its quarterly earnings results on Wednesday, July 22nd. The construction company reported $2.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.36 by $0.12. The business had revenue of $3.98 billion during the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same period in the previous year, the business posted $3.03 earnings per share. On average, analysts predict that PulteGroup, Inc. will post 10.08 EPS for the current fiscal year.

PulteGroup Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 2nd. Shareholders of record on Tuesday, September 15th were given a $0.26 dividend. This represents a $1.04 annualized dividend and a yield of 0.9%. The ex-dividend date was Tuesday, September 15th. PulteGroup’s dividend payout ratio (DPR) is presently 10.62%.

Hedge Funds Weigh In On PulteGroup

A number of large investors have recently modified their holdings of PHM. State Street Corp raised its position in PulteGroup by 3.2% in the 2nd quarter. State Street Corp now owns 9,174,111 shares of the construction company’s stock worth $1,261,092,000 after purchasing an additional 288,054 shares during the last quarter. First Trust Advisors LP boosted its position in PulteGroup by 7.8% in the 1st quarter. First Trust Advisors LP now owns 4,314,501 shares of the construction company’s stock valued at $507,428,000 after buying an additional 313,581 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in PulteGroup by 0.9% in the 1st quarter. Dimensional Fund Advisors LP now owns 3,146,857 shares of the construction company’s stock valued at $370,008,000 after buying an additional 26,790 shares during the last quarter. Bank of America Corp DE increased its stake in shares of PulteGroup by 4.3% in the 1st quarter. Bank of America Corp DE now owns 1,963,175 shares of the construction company’s stock valued at $230,889,000 after buying an additional 80,352 shares during the period. Finally, Bank of New York Mellon Corp acquired a new stake in shares of PulteGroup in the 2nd quarter valued at $189,931,000. 89.90% of the stock is currently owned by institutional investors and hedge funds.

About PulteGroup

(Get Free Report)

PulteGroup, Inc is a homebuilding company headquartered in Atlanta, Georgia. Founded in 1950 by William J. Pulte, the company develops, builds and sells homes for a range of buyers, including first-time, move-up and active-adult customers.

The company operates through several well-known brands, including Pulte Homes, Centex, Del Webb and DiVosta. Its offerings include single-family homes and related residential developments, with designs and communities tailored to different lifestyles, price points and stages of homeownership.