Stance Capital LLC Sells 8,038 Shares of Lennar Corporation $LEN

Stance Capital LLC decreased its position in Lennar Corporation (NYSE:LEN) by 44.3% in the third quarter, Holdings Channel.com reports. The firm owned 10,121 shares of the construction company’s stock after selling 8,038 shares during the quarter. Stance Capital LLC’s holdings in Lennar were worth $1,276,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Viking Global Investors LP boosted its holdings in shares of Lennar by 86.7% during the 2nd quarter. Viking Global Investors LP now owns 2,523,594 shares of the construction company’s stock valued at $279,135,000 after buying an additional 1,172,068 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC lifted its position in Lennar by 14.6% during the 3rd 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 period. Todd Asset Management LLC bought a new stake in Lennar during the third quarter worth about $26,371,000. Teachers Retirement System of The State of Kentucky boosted its stake in Lennar by 319.4% during the third quarter. Teachers Retirement System of The State of Kentucky now owns 274,173 shares of the construction company’s stock worth $34,557,000 after acquiring an additional 208,800 shares in the last quarter. Finally, River Road Asset Management LLC grew its holdings in Lennar by 86.1% in the second quarter. River Road Asset Management LLC now owns 443,477 shares of the construction company’s stock worth $49,749,000 after purchasing an additional 205,234 shares during the period. Hedge funds and other institutional investors own 81.10% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on LEN. BTIG Research set a $90.00 target price on shares of Lennar in a report on Thursday, December 18th. Royal Bank Of Canada set a $88.00 price objective on Lennar in a research report on Friday, January 9th. Bank of America reiterated an “underperform” rating and set a $95.00 price objective (down from $125.00) on shares of Lennar in a research note on Thursday, December 18th. Truist Financial dropped their target price on Lennar from $110.00 to $95.00 and set a “hold” rating on the stock in a report on Monday. Finally, Zacks Research downgraded Lennar from a “hold” rating to a “strong sell” rating in a report on Thursday, January 8th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Hold rating and nine have given a Sell rating to the company. According to MarketBeat, Lennar currently has an average rating of “Reduce” and an average price target of $102.07.

Lennar Stock Down 2.5%

LEN stock opened at $94.57 on Thursday. The stock has a market capitalization of $23.36 billion, a P/E ratio of 13.59, a P/E/G ratio of 2.03 and a beta of 1.43. 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 Corporation has a 1-year low of $92.17 and a 1-year high of $144.24. The business has a fifty day moving average price of $111.96 and a 200-day moving average price of $118.84.

Lennar (NYSE:LEN) last released its quarterly earnings data on Thursday, March 12th. The construction company reported $0.88 EPS for the quarter, missing the consensus estimate of $0.95 by ($0.07). The business had revenue of $6.62 billion during the quarter, compared to the consensus estimate of $6.90 billion. Lennar had a return on equity of 7.80% and a net margin of 5.39%.Lennar’s quarterly revenue was down 13.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.14 earnings per share. Equities analysts forecast that Lennar Corporation will post 12.48 earnings per share for the current fiscal year.

Lennar Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 19th. Stockholders of record on Wednesday, February 4th were issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend was Wednesday, February 4th. Lennar’s payout ratio is presently 28.74%.

Lennar News Roundup

Here are the key news stories impacting Lennar this week:

• Positive Sentiment: Potential value unlock from Miami‑Dade rezoning — Lennar is pursuing rezoning of a Miami‑Dade site for townhouses, which could improve density and margins on that land parcel if approved. Lennar could rezone Miami‑Dade site for townhouses
• Positive Sentiment: Short-term positive reaction to analyst target changes earlier this week — some coverage adjustments briefly lifted the stock intraday as investors re‑priced forward expectations. Why Is Lennar Corporation Stock Trading Higher Today?
• Neutral Sentiment: Keefe, Bruyette & Woods cut its price target to $105 and set a “market perform” rating — the new target still implies modest upside vs. current levels but signals a cautious stance. Benzinga
• Neutral Sentiment: Citigroup lowered its target to $104 and moved to “neutral,” another sign of more muted expectations from Street analysts. Benzinga
• Negative Sentiment: Quarterly miss — Lennar reported $0.88 EPS (vs. ~ $0.95 consensus) and revenue of $6.619B (vs. ~ $6.88B consensus). The top‑line decline and earnings miss are the primary fundamental reasons investors are retrenching. Earnings and revenue miss details
• Negative Sentiment: Bearish sell‑side notes — Truist and UBS issued pessimistic forecasts for LEN, adding downward pressure by signaling weaker outlooks from major brokers. Truist forecast UBS forecast
• Negative Sentiment: Local opposition/regulatory risk — Resident pushback against Lennar projects (e.g., Hill Country coverage) highlights execution and permitting risks that can delay projects and increase costs. Hill Country opposition

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.