Wells Fargo Keeps Their Buy Rating on PulteGroup (PHM)
Wells Fargo analyst Sam Reid maintained a Buy rating on PulteGroup yesterday and set a price target of $140.00. The company’s shares closed yesterday at $130.64.
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Reid covers the Consumer Cyclical sector, focusing on stocks such as DR Horton, Lennar, and Mohawk. According to TipRanks, Reid has an average return of 7.1% and a 61.93% success rate on recommended stocks.
In addition to Wells Fargo, PulteGroup also received a Buy from Bank of America Securities’s Rafe Jadrosich in a report issued yesterday. However, on the same day, Barclays maintained a Hold rating on PulteGroup (NYSE: PHM).
Based on PulteGroup’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $4.61 billion and a net profit of $501.61 million. In comparison, last year the company earned a revenue of $4.92 billion and had a net profit of $913.24 million
Based on the recent corporate insider activity of 42 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of PHM in relation to earlier this year. Most recently, in February 2026, Kevin Henry, the EVP and Chief People Officer of PHM sold 5,173.00 shares for a total of $729,548.19.
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