California Public Employees Retirement System Increases Stock Holdings in Lennar Corporation $LEN

California Public Employees Retirement System boosted its stake in shares of Lennar Corporation (NYSE:LEN) by 41.0% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 578,927 shares of the construction company’s stock after buying an additional 168,196 shares during the period. California Public Employees Retirement System’s holdings in Lennar were worth $72,968,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of LEN. Barrow Hanley Mewhinney & Strauss LLC increased its position in Lennar by 14.6% during the third quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 4,732,654 shares of the construction company’s stock valued at $596,504,000 after acquiring an additional 603,004 shares during the last quarter. Viking Global Investors LP lifted its holdings in shares of Lennar by 86.7% in the 2nd quarter. Viking Global Investors LP now owns 2,523,594 shares of the construction company’s stock worth $279,135,000 after acquiring an additional 1,172,068 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of Lennar by 7.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,154,892 shares of the construction company’s stock worth $145,563,000 after purchasing an additional 75,574 shares during the period. Swiss National Bank grew its holdings in Lennar by 4.3% during the 2nd quarter. Swiss National Bank now owns 702,872 shares of the construction company’s stock valued at $77,745,000 after purchasing an additional 29,300 shares during the last quarter. Finally, Caisse de depot et placement du Quebec grew its holdings in Lennar by 3.7% during the 3rd quarter. Caisse de depot et placement du Quebec now owns 555,305 shares of the construction company’s stock valued at $69,991,000 after purchasing an additional 19,566 shares during the last quarter. 81.10% of the stock is currently owned by institutional investors.

Lennar Price Performance

Shares of LEN stock opened at $96.01 on Tuesday. The company has a market capitalization of $23.71 billion, a P/E ratio of 13.79, a P/E/G ratio of 1.37 and a beta of 1.43. The company’s 50-day simple moving average is $112.33 and its two-hundred day simple moving average is $119.27. Lennar Corporation has a one year low of $92.17 and a one year high of $144.24. The company has a debt-to-equity ratio of 0.18, a current ratio of 4.77 and a quick ratio of 0.97.

Lennar (NYSE:LEN) last posted its quarterly earnings results on Thursday, March 12th. The construction company reported $0.88 earnings per share for the quarter, missing the consensus estimate of $0.95 by ($0.07). Lennar had a net margin of 5.39% and a return on equity of 7.80%. The company had revenue of $6.62 billion for the quarter, compared to the consensus estimate of $6.90 billion. During the same period in the prior year, the firm posted $2.14 EPS. The business’s revenue was down 13.3% on a year-over-year basis. As a group, equities analysts anticipate that Lennar Corporation will post 12.48 EPS for the current year.

Lennar Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, February 19th. Shareholders of record on Wednesday, February 4th were issued a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 2.1%. The ex-dividend date was Wednesday, February 4th. Lennar’s dividend payout ratio is currently 28.74%.

Key Lennar News

Here are the key news stories impacting Lennar this week:

• Positive Sentiment: UBS trimmed its target to $107 but kept a neutral rating, still implying double‑digit upside versus the current price — this leaves room for buyers who view the stock as undervalued. UBS price target note on Benzinga
• Positive Sentiment: Wells Fargo lowered its target to $100 and moved to equal‑weight, still signaling modest upside; that relative endorsement can prop the stock among investors seeking yield/value in builders. Wells Fargo coverage on TickerReport
• Neutral Sentiment: HousingWire ran analysis on Lennar’s margin “circuit breaker” and CEO Stuart Miller’s strategy — this is debate about execution and credibility rather than a clear near‑term catalyst, so it adds noise but not a decisive directional signal. Lennar margin ‘circuit breaker’ analysis
• Negative Sentiment: Barclays cut its target to $85 and moved to underweight — a clear negative analyst action that increases selling pressure and signals weaker near‑term expectations. Barclays price target note on Benzinga
• Negative Sentiment: Truist trimmed its target to $95 and shifted to hold, which sits below/around the current price and contributes to cautious sentiment among institutional holders. Truist price target note on Benzinga
• Negative Sentiment: Local opposition in Texas Hill Country to Lennar’s developments creates project risk and potential delays/permitting headaches — a tangible local headwind for future community growth and cadence of lot deliveries. Hill Country residents push back on Lennar Homes

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on LEN. Citigroup decreased their price objective on shares of Lennar from $133.00 to $113.00 and set a “neutral” rating for the company in a research note on Thursday, January 8th. UBS Group reduced their price target on Lennar from $122.00 to $107.00 and set a “neutral” rating on the stock in a report on Monday. Evercore lowered Lennar from an “in-line” rating to an “underperform” rating and decreased their price target for the stock from $114.00 to $92.00 in a research note on Thursday, December 18th. Royal Bank Of Canada set a $88.00 price objective on Lennar in a report on Friday, January 9th. Finally, Truist Financial cut their price objective on Lennar from $110.00 to $95.00 and set a “hold” rating on the stock in a research report on Monday. One research analyst has rated the stock with a Strong Buy rating, ten have given a Hold rating and eight have issued a Sell rating to the stock. According to MarketBeat.com, Lennar has an average rating of “Reduce” and an average price target of $103.43.

About Lennar

Lennar Corporation (NYSE: LEN) is a U.S.-based homebuilder and real estate company that designs, constructs and sells residential housing. The company offers a range of product types including single-family detached homes, townhomes and condominiums, serving buyers from entry-level and first-time purchasers to move-up, active-adult and luxury segments. Lennar also develops master-planned communities and manages land acquisition and entitlement activities that support its homebuilding operations.

In addition to home construction and sales, Lennar provides a suite of ancillary services intended to streamline the purchase process and capture additional value.