Lennar Corporation $LEN Shares Purchased by ExodusPoint Capital Management LP

ExodusPoint Capital Management LP increased its holdings in shares of Lennar Corporation (NYSE:LEN) by 79.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 167,385 shares of the construction company’s stock after acquiring an additional 74,101 shares during the quarter. ExodusPoint Capital Management LP’s holdings in Lennar were worth $17,207,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of LEN. KERR FINANCIAL PLANNING Corp acquired a new position in Lennar during the third quarter worth about $25,000. Redmont Wealth Advisors LLC acquired a new position in Lennar during the third quarter worth about $26,000. High Point Wealth Management LLC acquired a new position in Lennar during the fourth quarter worth about $31,000. Quarry LP acquired a new position in Lennar during the fourth quarter worth about $41,000. Finally, IFC & Insurance Marketing Inc. acquired a new position in Lennar during the fourth quarter worth about $45,000. 81.10% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

LEN has been the topic of a number of recent research reports. Argus lowered their price target on shares of Lennar from $140.00 to $125.00 and set a “buy” rating on the stock in a research report on Wednesday, April 15th. JPMorgan Chase & Co. lowered their price target on shares of Lennar from $80.00 to $77.00 and set an “underweight” rating on the stock in a research report on Tuesday. Citigroup decreased their target price on shares of Lennar from $113.00 to $104.00 and set a “neutral” rating on the stock in a report on Tuesday, March 17th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Lennar in a report on Thursday, June 11th. Finally, The Goldman Sachs Group reiterated a “neutral” rating on shares of Lennar in a report on Friday, June 5th. One research analyst has rated the stock with a Buy rating, nine have issued a Hold rating and nine have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Lennar presently has a consensus rating of “Reduce” and a consensus target price of $95.07.

Lennar Stock Performance

Shares of LEN stock opened at $89.86 on Wednesday. The firm’s 50 day moving average price is $89.51 and its 200-day moving average price is $102.64. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.91 and a current ratio of 4.91. Lennar Corporation has a one year low of $81.18 and a one year high of $144.24. The firm has a market cap of $22.19 billion, a P/E ratio of 14.06, a P/E/G ratio of 2.84 and a beta of 1.39.

Lennar (NYSE:LEN) last issued its quarterly earnings data on Thursday, June 11th. The construction company reported $1.31 EPS for the quarter, topping the consensus estimate of $1.24 by $0.07. The firm had revenue of $7.94 billion for the quarter, compared to analyst estimates of $8.08 billion. Lennar had a net margin of 4.93% and a return on equity of 7.08%. The business’s revenue for the quarter was down 5.2% compared to the same quarter last year. During the same period in the prior year, the business posted $1.81 EPS. As a group, equities research analysts predict that Lennar Corporation will post 5.79 EPS for the current year.

Lennar Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Wednesday, April 22nd were issued a dividend of $0.50 per share. The ex-dividend date was Wednesday, April 22nd. This represents a $2.00 dividend on an annualized basis and a yield of 2.2%. Lennar’s dividend payout ratio is 31.30%.

Trending Headlines about Lennar

Here are the key news stories impacting Lennar this week:

• Positive Sentiment: Lennar highlighted plans to improve margins through lower incentives, faster build cycles, and tighter inventory, which could support profitability if housing demand stabilizes. LEN Q2 Earnings Call Highlights Margin Recovery Push
• Positive Sentiment: The company debuted a new attached-home community in Santa Clarita, signaling continued development activity and potential sales momentum in a challenging housing market. Lennar Debuts New Attached Home Community in Santa Clarita
• Positive Sentiment: Some commentary suggests Lennar may be moving past its toughest housing slump, with investors watching for signs that the recovery can become more sustainable. Is Lennar Finally Turning the Corner After Its Housing Slump?
• Neutral Sentiment: Mixed post-earnings analysis continues to frame LEN as a stock balancing better-than-expected EPS against softer revenue and a cautious housing backdrop. Lennar (LEN) Stock After Housing Sector Headwinds And Mixed Long Term Returns
• Neutral Sentiment: Home construction starts have slowed to the weakest pace since 2020, but builder stocks are not reacting dramatically because Treasury yields remain a key housing indicator. Home Construction Drops to Slowest Pace Since 2020. Why Builder Stocks Are Shrugging It Off.
• Negative Sentiment: JPMorgan cut Lennar’s price target and kept an underweight rating, reinforcing concerns about upside in the near term. JPMorgan price target cut
• Negative Sentiment: RBC also lowered its price target and maintained an underperform rating, while Evercore’s higher target still came with an underperform view, showing broad analyst caution after Q2 results. RBC and Evercore Lennar target changes
• Negative Sentiment: Lennar lowered its 2026 outlook after mixed quarterly results, which is weighing on sentiment because it suggests demand and affordability remain pressured. Lennar Lowers 2026 Outlook As Mixed Results Test Housing Demand

Lennar Profile

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.