Lennar Corporation $LEN Stock Position Boosted by Illinois Municipal Retirement Fund

Illinois Municipal Retirement Fund raised its position in Lennar Corporation (NYSE:LEN) by 16.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 48,322 shares of the construction company’s stock after purchasing an additional 6,695 shares during the quarter. Illinois Municipal Retirement Fund’s holdings in Lennar were worth $3,943,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Janus Henderson Group PLC lifted its holdings in shares of Lennar by 19.7% in the first quarter. Janus Henderson Group PLC now owns 2,546,970 shares of the construction company’s stock valued at $221,176,000 after purchasing an additional 419,745 shares in the last quarter. Nan Shan Life Insurance Co. Ltd. raised its position in Lennar by 6,292.5% in the 2nd quarter. Nan Shan Life Insurance Co. Ltd. now owns 328,000 shares of the construction company’s stock valued at $29,681,000 after buying an additional 322,869 shares during the last quarter. Empowered Funds LLC raised its position in Lennar by 322.4% in the 1st quarter. Empowered Funds LLC now owns 309,880 shares of the construction company’s stock valued at $26,910,000 after buying an additional 236,524 shares during the last quarter. Entropy Technologies LP bought a new stake in Lennar in the 1st quarter valued at approximately $6,855,000. Finally, Mirae Asset Global Investments Co. Ltd. bought a new stake in Lennar in the 3rd quarter valued at approximately $5,496,000. 81.10% of the stock is currently owned by institutional investors.

Lennar Stock Down 0.0%

Shares of Lennar stock traded down $0.03 on Friday, reaching $83.55. 2,473,225 shares of the company were exchanged, compared to its average volume of 3,836,905. The company has a market capitalization of $19.88 billion, a price-to-earnings ratio of 15.79, a PEG ratio of 3.15 and a beta of 1.36. The company has a current ratio of 4.94, a quick ratio of 0.69 and a debt-to-equity ratio of 0.20. Lennar Corporation has a one year low of $71.78 and a one year high of $133.76. The company has a 50-day moving average of $81.58 and a 200 day moving average of $90.17.

Lennar (NYSE:LEN) last released its earnings results on Wednesday, September 16th. The construction company reported $1.23 earnings per share for the quarter, missing the consensus estimate of $1.29 by ($0.06). The firm had revenue of $8.05 billion during the quarter, compared to the consensus estimate of $8.32 billion. Lennar had a net margin of 4.09% and a return on equity of 6.15%. Lennar’s quarterly revenue was down 8.7% compared to the same quarter last year. During the same period in the prior year, the business posted $2.00 earnings per share. On average, equities research analysts forecast that Lennar Corporation will post 4.86 earnings per share for the current year.

Lennar Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, October 22nd. Shareholders of record on Wednesday, October 7th were given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend was Wednesday, October 7th. Lennar’s dividend payout ratio is 37.81%.

Trending Headlines about Lennar

Investors following LEN have been watching these headlines:

• Negative Sentiment: The lawsuit alleges Lennar and senior executives made false or misleading statements and failed to disclose adverse information. One notice says the claims concern Lennar’s operating strategy and the purpose of its Millrose spin-off. These remain allegations, not established findings. Article: Investor Alert: Robbins LLP Informs Investors of the Lennar Corporation Class Action Lawsuit
• Negative Sentiment: The case covers investors who bought Lennar stock between February 7, 2025, and October 2, 2026. Investors have until January 11, 2027, to seek appointment as lead plaintiff. Repeated law-firm announcements may keep litigation and disclosure concerns in focus, although the reports do not establish the lawsuit’s merits or quantify any financial impact. Article: Securities Class Action Filed Against Lennar Corporation

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Citigroup decreased their price target on shares of Lennar from $88.00 to $85.00 and set a “neutral” rating for the company in a research note on Monday, September 21st. Melius Research assumed coverage on shares of Lennar in a research report on Tuesday, October 6th. They set a “sell” rating and a $72.00 price target on the stock. Weiss Ratings downgraded shares of Lennar from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, October 21st. Seaport Research Partners decreased their price objective on Lennar from $74.00 to $70.00 and set a “sell” rating for the company in a report on Monday, September 21st. Finally, Truist Financial lowered their target price on Lennar from $80.00 to $75.00 and set a “hold” rating on the stock in a research report on Wednesday, September 16th. One equities research analyst has rated the stock with a Buy rating, seven have issued a Hold rating and eleven have given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Strong Sell” and an average target price of $78.87.

Insider Buying and Selling

In other news, major shareholder Berkshire Hathaway Inc purchased 1,708,095 shares of the business’s stock in a transaction on Friday, October 2nd. The stock was purchased at an average price of $79.44 per share, for a total transaction of $135,691,066.80. Following the completion of the purchase, the insider directly owned 28,438,045 shares in the company, valued at $2,259,118,294.80. The trade was a 6.39% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have acquired a total of 7,502,276 shares of company stock valued at $595,303,287 in the last ninety days. Company insiders own 10.05% of the company’s stock.

Lennar Company Profile

Lennar Corporation is a U.S. homebuilder that designs, builds and sells homes in communities across many major housing markets in the country. Its offerings include single-family homes and townhomes, with options and designs aimed at a range of homebuyers. The company also provides services that support home purchases, including mortgage financing and title and closing services. Lennar traces its roots to a homebuilding business founded in Miami in 1954 and has expanded its operations across the United States.