Empirical Financial Services LLC d.b.a. Empirical Wealth Management Boosts Stake in PulteGroup, Inc. $PHM

Posted by Brian Himes on Jul 16th, 2026

Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its position in PulteGroup, Inc. (NYSE:PHM – Free Report) by 51.2% in the 1st quarter, Holdings Channel reports. The firm owned 16,300 shares of the construction company’s stock after buying an additional 5,519 shares during the quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in PulteGroup were worth $1,917,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of PHM. Golden State Wealth Management LLC grew its stake in shares of PulteGroup by 18.3% during the fourth quarter. Golden State Wealth Management LLC now owns 484 shares of the construction company’s stock valued at $57,000 after buying an additional 75 shares during the last quarter. Evergreen Capital Management LLC raised its holdings in shares of PulteGroup by 2.8% in the second quarter. Evergreen Capital Management LLC now owns 2,875 shares of the construction company’s stock worth $304,000 after buying an additional 78 shares during the period. Stephens Inc. AR lifted its stake in shares of PulteGroup by 3.5% during the 4th quarter. Stephens Inc. AR now owns 2,350 shares of the construction company’s stock worth $276,000 after acquiring an additional 80 shares during the last quarter. Perigon Wealth Management LLC lifted its stake in shares of PulteGroup by 3.6% during the 4th quarter. Perigon Wealth Management LLC now owns 2,672 shares of the construction company’s stock worth $313,000 after acquiring an additional 92 shares during the last quarter. Finally, Opal Wealth Advisors LLC boosted its holdings in PulteGroup by 4.8% during the 4th quarter. Opal Wealth Advisors LLC now owns 2,169 shares of the construction company’s stock valued at $254,000 after acquiring an additional 99 shares during the period. Hedge funds and other institutional investors own 89.90% of the company’s stock.

Insider Buying and Selling

In other PulteGroup news, Director Lila Snyder sold 3,339 shares of the stock in a transaction on Friday, May 8th. The stock was sold at an average price of $117.18, for a total transaction of $391,264.02. Following the sale, the director owned 3,540 shares of the company’s stock, valued at approximately $414,817.20. This trade represents a 48.54% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, 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 transaction, the chief operating officer owned 28,100 shares in the company, valued at $3,372,000. This represents a 20.97% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.75% of the company’s stock.

PulteGroup Trading Up 0.8%

NYSE PHM opened at $125.59 on Thursday. PulteGroup, Inc. has a one year low of $107.16 and a one year high of $144.49. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.94 and a current ratio of 0.94. The company has a market capitalization of $23.92 billion, a price-to-earnings ratio of 12.15, a price-to-earnings-growth ratio of 1.59 and a beta of 1.18. The company’s 50-day simple moving average is $122.51 and its two-hundred day simple moving average is $124.91.

PulteGroup (NYSE:PHM – Get Free Report) last announced its quarterly earnings results on Thursday, April 23rd. The construction company reported $1.79 earnings per share for the quarter, missing the consensus estimate of $1.80 by ($0.01). PulteGroup had a return on equity of 16.41% and a net margin of 12.14%.The business had revenue of $3.41 billion during the quarter, compared to analysts’ expectations of $3.40 billion. During the same period in the previous year, the company posted $2.57 EPS. PulteGroup’s revenue for the quarter was down 12.4% on a year-over-year basis. Equities analysts forecast that PulteGroup, Inc. will post 9.95 EPS for the current fiscal year.

PulteGroup announced that its Board of Directors has authorized a share repurchase plan on Thursday, April 23rd that authorizes the company to buyback $1.50 billion in outstanding shares. This buyback authorization authorizes the construction company to buy up to 6.1% of its shares through open market purchases. Shares buyback plans are usually an indication that the company’s board of directors believes its shares are undervalued.

PulteGroup Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 2nd. Investors of record on Tuesday, June 16th were paid a $0.26 dividend. The ex-dividend date of this dividend was Tuesday, June 16th. This represents a $1.04 dividend on an annualized basis and a yield of 0.8%. PulteGroup’s payout ratio is 10.06%.

Wall Street Analyst Weigh In

Several equities analysts have commented on PHM shares. Weiss Ratings downgraded PulteGroup from a “buy (b-)” rating to a “hold (c)” rating in a research report on Monday, April 27th. Evercore lifted their target price on PulteGroup from $146.00 to $151.00 and gave the stock an “outperform” rating in a research report on Friday, April 24th. Oppenheimer reissued an “outperform” rating on shares of PulteGroup in a research note on Tuesday, May 26th. Barclays upped their price target on shares of PulteGroup from $112.00 to $123.00 and gave the stock an “equal weight” rating in a report on Tuesday. Finally, The Goldman Sachs Group raised their price target on shares of PulteGroup from $133.00 to $142.00 and gave the stock a “neutral” rating in a research note on Friday, April 24th. Ten investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $142.21.

Get Our Latest Stock Report on PulteGroup

PulteGroup Profile

(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.