Dana Investment Advisors Inc. Decreases Holdings in PulteGroup, Inc. $PHM

Posted by Brian Himes on May 16th, 2026

Dana Investment Advisors Inc. trimmed its holdings in shares of PulteGroup, Inc. (NYSE:PHM – Free Report) by 9.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 160,353 shares of the construction company’s stock after selling 17,566 shares during the quarter. Dana Investment Advisors Inc.’s holdings in PulteGroup were worth $18,803,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the business. Franklin Resources Inc. raised its position in shares of PulteGroup by 5.0% during the 3rd quarter. Franklin Resources Inc. now owns 12,900,271 shares of the construction company’s stock valued at $1,704,513,000 after buying an additional 609,640 shares in the last quarter. First Trust Advisors LP raised its position in shares of PulteGroup by 13.3% during the 3rd quarter. First Trust Advisors LP now owns 3,623,917 shares of the construction company’s stock valued at $478,828,000 after buying an additional 424,011 shares in the last quarter. Massachusetts Financial Services Co. MA purchased a new stake in shares of PulteGroup during the 3rd quarter valued at about $315,883,000. Bank of America Corp DE raised its position in shares of PulteGroup by 13.1% during the 2nd quarter. Bank of America Corp DE now owns 1,755,241 shares of the construction company’s stock valued at $185,108,000 after buying an additional 202,870 shares in the last quarter. Finally, American Century Companies Inc. raised its position in shares of PulteGroup by 120.4% during the 3rd quarter. American Century Companies Inc. now owns 1,703,049 shares of the construction company’s stock valued at $225,024,000 after buying an additional 930,287 shares in the last quarter. 89.90% of the stock is currently owned by hedge funds and other institutional investors.

PulteGroup Stock Performance

PulteGroup stock opened at $110.35 on Friday. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.94 and a quick ratio of 0.94. PulteGroup, Inc. has a 1-year low of $95.20 and a 1-year high of $144.49. The firm has a market capitalization of $21.02 billion, a P/E ratio of 10.67, a price-to-earnings-growth ratio of 1.44 and a beta of 1.23. The company’s 50-day moving average is $120.44 and its 200 day moving average is $124.25.

PulteGroup (NYSE:PHM – Get Free Report) last posted its quarterly earnings data on Thursday, April 23rd. The construction company reported $1.79 earnings per share for the quarter, missing analysts’ consensus estimates of $1.80 by ($0.01). PulteGroup had a return on equity of 16.41% and a net margin of 12.14%.The firm had revenue of $3.41 billion during the quarter, compared to analysts’ expectations of $3.40 billion. During the same period last year, the company earned $2.57 earnings per share. The business’s revenue for the quarter was down 12.4% compared to the same quarter last year. Research analysts forecast that PulteGroup, Inc. will post 10 EPS for the current year.

PulteGroup Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 2nd. Shareholders of record on Tuesday, June 16th will be paid a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Tuesday, June 16th. PulteGroup’s dividend payout ratio is currently 10.06%.

PulteGroup declared that its Board of Directors has approved a share buyback program on Thursday, April 23rd that authorizes the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization authorizes the construction company to repurchase 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 shares are undervalued.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on PHM. Evercore upped their target price on shares of PulteGroup from $146.00 to $151.00 and gave the company an “outperform” rating in a research report on Friday, April 24th. Bank of America reduced their price objective on shares of PulteGroup from $145.00 to $140.00 and set a “buy” rating on the stock in a research report on Monday, April 20th. Raymond James Financial reissued an “outperform” rating and issued a $145.00 price objective on shares of PulteGroup in a research report on Wednesday, February 4th. The Goldman Sachs Group increased their price objective on shares of PulteGroup from $133.00 to $142.00 and gave the stock a “neutral” rating in a research report on Friday, April 24th. Finally, Royal Bank Of Canada increased their price objective on shares of PulteGroup from $111.00 to $115.00 and gave the stock a “sector perform” rating in a research report on Friday, January 30th. Ten analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, PulteGroup currently has a consensus rating of “Moderate Buy” and a consensus target price of $140.71.

Read Our Latest Research Report on PulteGroup

Insider Transactions at PulteGroup

In other PulteGroup news, EVP Kevin A. Henry sold 5,173 shares of the company’s stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $141.03, for a total value of $729,548.19. Following the transaction, the executive vice president directly owned 14,673 shares in the company, valued at $2,069,333.19. This represents a 26.07% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Lila Snyder sold 3,339 shares of the company’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $117.18, for a total transaction of $391,264.02. Following the completion of the transaction, the director owned 3,540 shares in the company, valued at $414,817.20. This represents a 48.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.75% of the stock is owned by corporate insiders.

About PulteGroup

(Free Report)

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.