PulteGroup downgraded by UBS with a new price target

Del Webb Hickory Greens Opens to Strong Demand from Those Seeking Resort Style Living Del Webb, the nation's leading builder of active adult communities for those 55 and older, announced today the successful opening of Del Webb Hickory Greens. Located in Columbia Township just southwest of Cleveland, Del Webb Hickory Greens offers a vibrant lifestyle for active adults seeking a low-maintenance, amenity-rich community in the Midwest. Within the first 30 days of opening Del Webb Hickory Greens, 50 homes were already sold in this sought-after community. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250327620270/en/Planned amenity

Phillip Holloman Appointed Interim Executive Chairman, President and Chief Executive Officer Vestis Corporation (NYSE:VSTS) ("Vestis" or the "Company"), a leading provider of uniforms and workplace supplies, today announced that its Board of Directors (the "Board") has appointed Phillip Holloman as Interim Executive Chairman, President and Chief Executive Officer, effective immediately. Holloman succeeds Kim Scott, who has departed from the Company and the Vestis Board of Directors. The Board has retained a leading executive search firm to assist with identifying Vestis' next President and CEO. "As we embark on a new chapter following the completion of Vestis' first fiscal year as a publi

Extension of the iconic Del Webb brand targets buyers who desire a resort lifestyle Building upon Del Webb's highly sought-after lifestyle communities for 55-plus homebuyers, PulteGroup Inc. (NYSE:PHM), one of the nation's largest homebuilders, today introduced a new resort lifestyle-inspired brand targeting homebuyers of any generation: Del Webb Explore. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250303920155/en/ Del Webb Explore addresses the demand from Gen X buyers seeking resort-style living. This new offering captures the essence of Del Webb's signature resort experience, which features amenities such as state-of-the

Seaport Research Partners upgraded PulteGroup from Sell to Neutral and set a new price target of $100.00

Seaport Research Partners downgraded PulteGroup from Neutral to Sell

UBS upgraded PulteGroup from Neutral to Buy and set a new price target of $148.00 from $154.00 previously

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Phillip Holloman Appointed Interim Executive Chairman, President and Chief Executive Officer Vestis Corporation (NYSE:VSTS) ("Vestis" or the "Company"), a leading provider of uniforms and workplace supplies, today announced that its Board of Directors (the "Board") has appointed Phillip Holloman as Interim Executive Chairman, President and Chief Executive Officer, effective immediately. Holloman succeeds Kim Scott, who has departed from the Company and the Vestis Board of Directors. The Board has retained a leading executive search firm to assist with identifying Vestis' next President and CEO. "As we embark on a new chapter following the completion of Vestis' first fiscal year as a publi

Del Webb, the nation's leading builder of active adult communities for those 55 and older, recently broke ground on its newest community, Heartwood, located in the Savannah area. This marks the brand's first vacation-inspired active adult community in the region, offering those 55 and older the opportunity to build a new home and enjoy an unmatched social and event-filled lifestyle along the picturesque Georgia coast. Located about 23 minutes from Savannah and less than a mile to I-95, the community will feature a selection of 11 single-family low-maintenance homes that are easily personalized. These homes will be nestled among resort-style amenities and leisure activities alongside the s

PulteGroup, Inc. (NYSE:PHM) (the "Company") is pleased to announce the appointment of Mike Guhl as Senior Vice President and Chief Information Officer (CIO), effective August 19, 2024. He replaces current CIO, Joe Drouin, who is retiring effective October 1, 2024. Mike Guhl joins PulteGroup from HD Supply, where he has served as CIO since 2020. His extensive experience in IT leadership includes key roles at Slalom Consulting and Home Depot. Guhl is also a proud veteran, having served as a Captain in the US Air Force. "We are thrilled to welcome Mike Guhl to PulteGroup as our new CIO," said Ryan Marshall, PulteGroup President and CEO. "His proven track record in IT leadership and his bro

PulteGroup, Inc. (NYSE:PHM) today announced that it will release its first quarter 2025 financial results before the market opens on Tuesday, April 22, 2025. The Company will hold a conference call to discuss its first quarter results that same day at 8:30 a.m. (ET). A live audio webcast of the call will be available on PulteGroup's website. To listen to the webcast, log on five minutes prior to the call at www.pultegroup.com and select the Events & Presentations link under the Investor Relations tab. For call participants, the dial-in number is (888) 440-6928 (conference ID 6106699). The call will be recorded and available for audio replay within 24 hours. An archive of the conference

PulteGroup, Inc. (NYSE:PHM) announced today that its Board of Directors has declared a quarterly dividend of $0.22 per common share payable April 2, 2025, to shareholders of record at the close of business on March 18, 2025. About PulteGroup PulteGroup, Inc. (NYSE:PHM), based in Atlanta, Georgia, is one of America's largest homebuilding companies with operations in more than 45 markets throughout the country. Through its brand portfolio that includes Centex, Pulte Homes, Del Webb, DiVosta Homes, American West and John Wieland Homes and Neighborhoods, the company is one of the industry's most versatile homebuilders able to meet the needs of multiple buyer groups and respond to changing c

Earnings Per Share of $4.43 Closings Increased 6% to 8,103 Home Sale Revenues Increased 13% to $4.7 Billion Home Sale Gross Margin of 27.5% Net New Orders of 6,167 Homes with a Value of $3.5 Billion Unit Backlog of 10,153 Homes with a Value of $6.5 Billion Repurchased $320 Million of Common Shares in the Quarter Announces $1.5 Billion Increase to Share Repurchase Authorization PulteGroup, Inc. (NYSE:PHM) announced today financial results for its fourth quarter ended December 31, 2024. For the quarter, the Company reported net income of $913 million, or $4.43 per share. Reported net income includes a pre-tax insurance benefit of $255 million, or $0.93 per share. In t

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