On April 13, 2026, Evercore ISI Group upgraded PulteGroup (NYSE:PHM) from “In-Line” to “Outperform.” The average one-year price target for PulteGroup is projected at $147.10 per share, representing a potential upside of 20.82% from its latest closing price of $121.75. The projected annual revenue for the company is $18.5 billion, indicating a 6.83% increase, with an expected non-GAAP EPS of 5.38.
Institutional interest in PulteGroup has shifted, with 1,052 funds reporting positions, a decrease of 676 (39.12%) from the last quarter. Total shares owned by institutions fell by 17.10% to 177,276,000 shares. The put/call ratio stands at 0.97, reflecting a bullish outlook. Notable fund activities include Franklin Resources increasing its stake to 13,555,000 shares (7.08% ownership) and Price T Rowe Associates boosting its holdings significantly by 55.85%.
