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

Stance Capital LLC lowered its holdings in Lennar Corporation (NYSE:LEN) by 44.3% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,121 shares of the construction company’s stock after selling 8,038 shares during the period. Stance Capital LLC’s holdings in Lennar were worth $1,276,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of LEN. Lazard Asset Management LLC raised its stake in Lennar by 7.1% in the second quarter. Lazard Asset Management LLC now owns 1,278 shares of the construction company’s stock valued at $141,000 after purchasing an additional 85 shares in the last quarter. Zions Bancorporation National Association UT grew its stake in Lennar by 8.3% in the 3rd quarter. Zions Bancorporation National Association UT now owns 1,127 shares of the construction company’s stock worth $142,000 after buying an additional 86 shares in the last quarter. RFG Advisory LLC increased its holdings in shares of Lennar by 2.1% in the 3rd quarter. RFG Advisory LLC now owns 4,255 shares of the construction company’s stock worth $536,000 after buying an additional 87 shares during the last quarter. UMB Bank n.a. raised its position in shares of Lennar by 6.2% during the 3rd quarter. UMB Bank n.a. now owns 1,595 shares of the construction company’s stock valued at $201,000 after buying an additional 93 shares in the last quarter. Finally, ORG Wealth Partners LLC lifted its holdings in shares of Lennar by 5.2% during the 3rd quarter. ORG Wealth Partners LLC now owns 2,072 shares of the construction company’s stock worth $261,000 after acquiring an additional 102 shares during the last quarter. Hedge funds and other institutional investors own 81.10% of the company’s stock.

Analyst Ratings Changes

LEN has been the topic of a number of research analyst reports. Truist Financial reduced their target price on Lennar from $110.00 to $95.00 and set a “hold” rating on the stock in a research note on Monday. Citigroup dropped their price target on Lennar from $113.00 to $104.00 and set a “neutral” rating for the company in a research note on Tuesday. Wall Street Zen lowered Lennar from a “hold” rating to a “sell” rating in a research report on Monday, December 8th. Wells Fargo & Company dropped their target price on Lennar from $105.00 to $100.00 and set an “equal weight” rating for the company in a research report on Monday. Finally, Evercore lowered Lennar from an “in-line” rating to an “underperform” rating and cut their target price for the stock from $114.00 to $92.00 in a research note on Thursday, December 18th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Hold rating and nine have given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Reduce” and an average target price of $102.07.

Lennar Stock Performance

Shares of LEN stock opened at $94.57 on Thursday. The firm has a market capitalization of $23.36 billion, a price-to-earnings ratio of 13.59, a PEG ratio of 2.03 and a beta of 1.43. The stock has a fifty day moving average of $111.96 and a 200 day moving average of $118.84. Lennar Corporation has a 52 week low of $92.17 and a 52 week high of $144.24. The company has a quick ratio of 0.97, a current ratio of 4.77 and a debt-to-equity ratio of 0.18.

Lennar (NYSE:LEN) last issued 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 company 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%.The firm’s revenue for the quarter was down 13.3% compared to the same quarter last year. During the same quarter last year, the company posted $2.14 earnings per share. As a group, research analysts expect that Lennar Corporation will post 12.48 earnings per share for the current year.

Lennar Announces Dividend

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

Key Stories Impacting Lennar

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

Lennar Company 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.