Eagle Capital Management Adds $3M in PulteGroup, Inc. ($PHM)
Eagle Capital Management raised its holdings in PHM by 15.9%, adding 21,168 shares.
Key Points
- Eagle Capital Management increased its PHM position by 21,168 shares, a 15.9% rise, now holding 154,556 shares valued at $19.16 million.
- PHM shares are trading around $124, with a market cap of $19.16 million.
- Analysts like Evercore ISI and UBS maintain a 'buy' rating on PHM with price targets up to $162.
Eagle Capital Management recently boosted its stake in PHM, adding 21,168 shares to its portfolio. This brings its total holdings to 154,556 shares, reflecting a 15.9% increase. The investment is now valued at approximately $19.16 million, according to the latest Form 13F filing with the SEC, which reports holdings as of the end of the quarter.
What Changed in Eagle Capital Management's PHM Position
Eagle Capital Management increased its PHM holdings from 133,388 shares to 154,556 shares. This addition of 21,168 shares represents a 15.9% increase. The total value of Eagle's position in PHM is now about $19.16 million, indicating a strategic move to expand its investment in the company.
Other Institutional Activity in PHM
Several other institutional investors have also been active in PHM. BlackRock, Inc. added 79,582 shares, bringing its total to 19,256,894 shares valued at around $2.26 billion. Franklin Resources Inc significantly increased its holdings by 1,423,600 shares, now holding 14,978,904 shares worth approximately $1.76 billion. Meanwhile, State Street Corp reduced its position by 229,065 shares, ending with 8,886,057 shares valued at about $1.05 billion. Vanguard Capital Management LLC and Vanguard Portfolio Management LLC both established new positions, holding 12,506,660 and 8,178,323 shares respectively.
PHM Stock Snapshot
PHM shares are currently trading at around $124. The company has a market capitalization of $19.16 million. With a 52-week low of $88.00 and a high of $130.00, the stock's 50-day moving average is $122.00, and its 200-day moving average is $115.00.
Insider Buying and Selling at PulteGroup, Inc.
Several insiders have been trading PHM shares recently. Executive VP and COO Matthew William Koart sold 7,457 shares on May 27, 2026, at an average price of $120.00, and another 6,861 shares on May 18, 2026, at $111.77. Meanwhile, Lila Snyder sold 3,339 shares on May 8, 2026, at $117.18. Kristin Gannon, Lila Snyder, and Bryce Blair each bought 1,507 shares on April 29, 2026.
Analysts Set New Price Targets
Analyst firms have been actively updating their ratings and price targets for PHM. On April 24, 2026, Evercore ISI Group, UBS, and Wells Fargo all maintained their 'buy' ratings, with price targets of $151, $162, and $140 respectively. B of A Securities also maintained a 'buy' rating with a target of $140 on April 20, 2026. Meanwhile, Truist Securities set a target of $150, and Barclays maintained a 'hold' rating with a $112 target. Seaport Global downgraded the stock to 'sell' with a $100 target on April 7, 2026.
About PHM
PHM is a company focused on the construction and sale of homes, primarily in the United States. It operates in various segments, including homebuilding and financial services. The company is headquartered in Atlanta, Georgia, and is led by a team of experienced executives. PHM is known for its diverse portfolio of homes, catering to a wide range of customers across the country.
Bottom Line
Eagle Capital Management's recent increase in PHM holdings reflects a growing confidence in the company's prospects. Institutional moves provide valuable insights into market sentiment, though 13F filings are backward-looking and may not reflect current positions. Investors often watch these filings to gauge the interests of large funds and their potential impact on stock prices.
See Also
This instant news alert was generated by automated narrative technology and financial data from Opentrades and public regulatory filings. It is for informational purposes only and is not financial advice.