PulteGroup (NYSE:PHM) Stock Gets Price Target Reduction from UBS Group

Posted by George Bondi on Oct 26th, 2026

PulteGroup (NYSE:PHM – Free Report) had its price objective reduced by UBS Group from $166.00 to $162.00 in a report published on Friday,Benzinga reports. They currently have a buy rating on the construction company’s stock.

Several other equities analysts have also recently commented on the company. Barclays cut their price target on PulteGroup from $110.00 to $109.00 and set an “equal weight” rating for the company in a report on Friday. Citigroup decreased their target price on shares of PulteGroup from $134.00 to $122.00 and set a “neutral” rating on the stock in a research report on Thursday, October 15th. Evercore reissued an “outperform” rating on shares of PulteGroup in a research note on Friday, September 25th. Wolfe Research set a $129.00 price target on shares of PulteGroup and gave the stock an “outperform” rating in a research report on Monday, August 24th. Finally, Piper Sandler lowered shares of PulteGroup to a “hold” rating and set a $145.00 price target for the company. in a research report on Thursday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $136.94.

Read Our Latest Analysis on PulteGroup

PulteGroup Price Performance

Shares of PulteGroup stock opened at $121.04 on Friday. The stock has a market capitalization of $22.28 billion, a price-to-earnings ratio of 12.93, a PEG ratio of 1.69 and a beta of 1.16. The company has a current ratio of 0.71, a quick ratio of 0.71 and a debt-to-equity ratio of 0.14. PulteGroup has a 1-year low of $107.15 and a 1-year high of $144.49. The firm has a fifty day simple moving average of $119.81 and a 200-day simple moving average of $122.72.

PulteGroup (NYSE:PHM – Get Free Report) last announced its earnings results on Thursday, October 22nd. The construction company reported $2.53 earnings per share for the quarter, missing the consensus estimate of $2.63 by ($0.10). The business had revenue of $3.97 billion for the quarter, compared to the consensus estimate of $4.15 billion. PulteGroup had a net margin of 11.24% and a return on equity of 14.29%. PulteGroup’s revenue for the quarter was down 9.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.96 EPS. On average, sell-side analysts expect that PulteGroup will post 9.98 earnings per share for the current year.

PulteGroup Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 2nd. Shareholders of record on Tuesday, September 15th were paid a dividend of $0.26 per share. 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 is currently 11.11%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. State Street Corp grew its stake in PulteGroup by 3.2% during the second quarter. State Street Corp now owns 9,174,111 shares of the construction company’s stock worth $1,261,092,000 after buying an additional 288,054 shares during the last quarter. First Trust Advisors LP raised its stake in shares of PulteGroup by 7.8% in the first quarter. First Trust Advisors LP now owns 4,314,501 shares of the construction company’s stock valued at $507,428,000 after acquiring an additional 313,581 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of PulteGroup by 0.9% in the 1st quarter. Dimensional Fund Advisors LP now owns 3,146,857 shares of the construction company’s stock worth $370,008,000 after acquiring an additional 26,790 shares in the last quarter. Bank of America Corp DE boosted its holdings 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 worth $230,889,000 after acquiring an additional 80,352 shares in the last quarter. Finally, Amundi boosted its holdings in shares of PulteGroup by 28.6% in the 1st quarter. Amundi now owns 1,438,508 shares of the construction company’s stock worth $169,183,000 after acquiring an additional 319,617 shares in the last quarter. 89.90% of the stock is owned by institutional investors.

Key PulteGroup News

Here are the key news stories impacting PulteGroup this week:

Positive Sentiment: Backlog and diversification provided support. Despite weaker demand, PulteGroup’s backlog and active-adult business offered resilience, while management maintained plans for approximately 27,000–27,500 full-year closings and $5.3 billion of 2026 land investment. PHM Q3 deep dive: housing demand softens, but backlog and active adult segment offer resilience
Positive Sentiment: UBS retained a Buy rating. UBS lowered its price target modestly from $166 to $162, still implying substantial upside from the reference price. UBS Group PulteGroup recommendations
Positive Sentiment: Profitability remained meaningful. Third-quarter net income was approximately $475.7 million, or $2.53 per share, supported by strong margins and the company’s diversified operating platform. PulteGroup Announces Q3 2026 Net Income
Neutral Sentiment: Analyst views were mixed. RBC cut its price target from $111 to $110 and kept a Sector Perform rating, contrasting with UBS’s bullish stance. Royal Bank of Canada PulteGroup recommendations
Negative Sentiment: Q3 results missed expectations. EPS of $2.53 fell short of the $2.63 consensus, while revenue of $3.97 billion missed the $4.15 billion estimate. Revenue declined 9.8% year over year, and EPS fell from $2.96 a year earlier. PulteGroup Reports Third Quarter 2026 Financial Results
Negative Sentiment: Mortgage rates and inflation are pressuring demand. Higher borrowing costs slowed home sales, particularly in the luxury segment, and contributed to lower closings, weaker pricing and shrinking margins. PulteGroup Net Down as Mortgage Rates Weigh on Home Sales

PulteGroup Company Profile

(Get Free Report)

PulteGroup, Inc is a major U.S. homebuilding company that designs, builds and sells homes for a range of buyers, including first-time, move-up and active-adult customers. Its operations include land acquisition and development, home construction, sales and marketing, and customer service.

The company markets homes under several well-known brands, including Pulte, Centex, Del Webb, DiVosta and American West. Through these brands, PulteGroup offers a variety of single-family home designs and communities, with products tailored to different price points, lifestyles and stages of homeownership.