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StoneX Initiates Coverage of PulteGroup at Buy

Fintel reports that on September 4, 2026, StoneX initiated coverage of PulteGroup (NYSE:PHM) with a Buy recommendation.

PulteGroup, based in the United States, is a prominent player in the homebuilding industry. The company operates through a variety of brands, including Centex, Pulte Homes, Del Webb, DiVosta Homes, and John Wieland Homes and Neighborhoods. It primarily focuses on the construction and sale of new residential buildings, ranging from single-family detached homes to townhouses and condominiums. On September 4, 2026, the stock’s latest close was $124.45, following a pre-action close of $124.31 on September 3, 2026. This follows a price change of -3.19% over one week from a baseline close of $128.55 on August 28, 2026, and a price change of -5.49% over one month from a baseline close of $131.68 on August 4, 2026.

The company reported its latest earnings on July 22, 2026. PulteGroup achieved an actual EPS of 2.48, compared to the estimate of 2.3858, representing an EPS surprise of +3.95%. Actual revenue was $3,982,957,000,000,000.00, compared to an estimated revenue of $3,968,735,076,000,000.00. Separately, as of August 28, 2026, the current consensus target mean was $144.97, and the median target was $148.41. This mean target represents an implied change of +16.49% from the baseline. Previously, on August 5, 2026, the prior consensus target mean was $143.89, reflecting a consensus target revision of +0.75%.

In terms of broader analyst sentiment, the current recommendation period as of September 1, 2026, shows 4 strong buy, 9 buy, 7 hold, 2 sell, and 0 strong sell recommendations, totaling 22. This breaks down to 59.1% positive, 31.8% hold, and 9.1% negative recommendations. In the prior period as of August 1, 2026, the recommendations consisted of 3 strong buy, 9 buy, 8 hold, 2 sell, and 0 strong sell ratings, representing 54.5% positive, 36.4% hold, and 9.1% negative out of 22 total recommendations. Prior to the action by StoneX, Wolfe Research upgraded PulteGroup from Peer Perform to Outperform on August 24, 2026.

Recent analyst actions

Recent analyst upgrades, downgrades, initiations, and maintained ratings Date Analyst Prior Latest recommendation Action September 4, 2026 StoneX Buy initiated coverage August 24, 2026 Wolfe Research Peer Perform Outperform upgrade

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This story originally appeared on Fintel.

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