Aberdeen Group plc Acquires 7,510 Shares of Lennar Corporation $LEN

Aberdeen Group plc lifted its holdings in Lennar Corporation (NYSE:LEN) by 12.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 70,191 shares of the construction company’s stock after purchasing an additional 7,510 shares during the quarter. Aberdeen Group plc’s holdings in Lennar were worth $8,962,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in LEN. Coronation Fund Managers Ltd. bought a new position in shares of Lennar in the 3rd quarter valued at about $14,160,000. Cidel Asset Management Inc. increased its position in shares of Lennar by 11.3% during the 3rd quarter. Cidel Asset Management Inc. now owns 3,014 shares of the construction company’s stock worth $380,000 after purchasing an additional 307 shares during the last quarter. Lyell Wealth Management LP raised its stake in shares of Lennar by 3.7% during the 3rd quarter. Lyell Wealth Management LP now owns 87,262 shares of the construction company’s stock worth $10,998,000 after purchasing an additional 3,078 shares in the last quarter. Public Sector Pension Investment Board boosted its holdings in shares of Lennar by 12.0% in the 3rd quarter. Public Sector Pension Investment Board now owns 19,651 shares of the construction company’s stock valued at $2,477,000 after buying an additional 2,109 shares during the last quarter. Finally, Cibc World Market Inc. grew its stake in shares of Lennar by 993.0% in the third quarter. Cibc World Market Inc. now owns 129,487 shares of the construction company’s stock valued at $16,321,000 after buying an additional 117,640 shares in the last quarter. 81.10% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have commented on LEN shares. Keefe, Bruyette & Woods cut their price target on shares of Lennar from $125.00 to $115.00 and set a “market perform” rating for the company in a research note on Thursday, December 18th. Citigroup cut their target price 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. BTIG Research set a $90.00 target price on Lennar in a research note on Thursday, December 18th. JPMorgan Chase & Co. decreased their target price on Lennar from $115.00 to $80.00 and set an “underweight” rating on the stock in a report on Thursday, December 18th. Finally, The Goldman Sachs Group reissued a “neutral” rating and issued a $125.00 price objective on shares of Lennar in a research report on Tuesday, January 13th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Hold rating and eight have issued a Sell rating to the company. According to MarketBeat.com, Lennar presently has a consensus rating of “Reduce” and an average target price of $106.38.

Lennar Stock Performance

Lennar stock opened at $116.18 on Friday. The business has a 50 day moving average of $113.11 and a 200-day moving average of $122.04. The company has a market capitalization of $28.70 billion, a P/E ratio of 14.54, a P/E/G ratio of 1.76 and a beta of 1.44. Lennar Corporation has a 1 year low of $98.42 and a 1 year high of $144.24. The company has a debt-to-equity ratio of 0.18, a current ratio of 4.89 and a quick ratio of 1.36.

Lennar (NYSE:LEN) last posted its earnings results on Tuesday, December 16th. The construction company reported $2.03 earnings per share for the quarter, missing analysts’ consensus estimates of $2.30 by ($0.27). The business had revenue of $9.37 billion for the quarter, compared to the consensus estimate of $9.17 billion. Lennar had a return on equity of 9.27% and a net margin of 6.08%.The company’s revenue was down 5.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $4.03 earnings per share. On average, equities research analysts predict 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. Investors of record on Wednesday, February 4th were paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend was Wednesday, February 4th. Lennar’s payout ratio is currently 25.03%.

Key Stories Impacting Lennar

Here are the key news stories impacting Lennar this week:

• Positive Sentiment: Lennar plans a large 1,300‑home “mini city” at San Marcos’ edge — a material development pipeline add that supports future revenue and lot inventory. Lennar Plots 1,300-Home Mini City At San Marcos Edge
• Positive Sentiment: Recent land purchases in Haw River and Winston‑Salem increase Lennar’s land bank in growth markets, supporting future community starts. Lennar purchases in Haw River, Winston-Salem are Triad’s biggest land deals for week of Feb. 13
• Neutral Sentiment: Lennar disclosed a stake in Opendoor; that investment lifted OPEN shares ahead of Opendoor’s Q4 results but is a non‑operating move that may have limited immediate earnings impact for Lennar. Lennar Stake Lifts Opendoor Stock Before Earnings
• Neutral Sentiment: Coverage of the market reaction to Lennar’s Opendoor position highlights investor interest in strategic stakes but doesn’t change Lennar’s homebuilding fundamentals. OPEN stock rallies ahead of Q4 report after Lennar bet: Can results hold the gains?
• Negative Sentiment: Local opposition is mounting against a proposed Hill Country development — community pushback can delay or increase costs for projects in key markets. Another proposed Hill Country development facing increased pushback from community members
• Negative Sentiment: Zacks Research cut multiple near‑term EPS forecasts and maintains a “Strong Sell” rating — Q2 2027 EPS trimmed to $1.78 (from $1.84), Q3 to $2.63 (from $2.64), Q4 to $2.89 (from $2.96); FY2027 down to $8.12 (from $8.27) and FY2028 to $9.55 (from $9.98). Those downgrades and the negative rating are the clearest catalyst driving today’s weakness.

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.