ING Groep NV Acquires Shares of 11,883 Lennar Corporation $LEN

Posted by Francis Steltz on Jun 10th, 2026

ING Groep NV acquired a new stake in shares of Lennar Corporation (NYSE:LEN – Free Report) during the fourth quarter, Holdings Channel.com reports. The firm acquired 11,883 shares of the construction company’s stock, valued at approximately $1,222,000.

Several other hedge funds also recently bought and sold shares of the business. Cibc World Market Inc. grew its holdings 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 worth $16,321,000 after purchasing an additional 117,640 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in shares of Lennar by 5.9% in the third quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 466,027 shares of the construction company’s stock worth $58,738,000 after purchasing an additional 26,117 shares during the last quarter. Boothbay Fund Management LLC grew its holdings in shares of Lennar by 201.1% in the third quarter. Boothbay Fund Management LLC now owns 24,004 shares of the construction company’s stock worth $3,025,000 after purchasing an additional 16,031 shares during the last quarter. Tounjian Advisory Partners LLC bought a new position in shares of Lennar in the fourth quarter worth about $2,599,000. Finally, Magnolia Group LLC bought a new position in shares of Lennar in the fourth quarter worth about $6,756,000. Institutional investors own 81.10% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on LEN shares. The Goldman Sachs Group restated a “neutral” rating on shares of Lennar in a report on Friday. Wells Fargo & Company cut their price target on shares of Lennar from $100.00 to $90.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 8th. Evercore cut their price target on shares of Lennar from $89.00 to $82.00 and set an “underperform” rating on the stock in a report on Monday, April 13th. Argus cut their price target on shares of Lennar from $140.00 to $125.00 and set a “buy” rating on the stock in a report on Wednesday, April 15th. Finally, Citigroup cut their price target 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. One investment analyst has rated the stock with a Buy rating, nine have given a Hold rating and nine have given a Sell rating to the company. According to data from MarketBeat.com, Lennar has a consensus rating of “Reduce” and an average target price of $98.00.

Get Our Latest Research Report on Lennar

Lennar Stock Up 2.1%

Shares of Lennar stock opened at $92.63 on Wednesday. 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 $81.18 and a 1 year high of $144.24. The firm’s 50-day moving average is $89.02 and its two-hundred day moving average is $103.84. The stock has a market cap of $22.88 billion, a price-to-earnings ratio of 13.31, a PEG ratio of 2.00 and a beta of 1.39.

Lennar (NYSE:LEN – Get Free Report) last released its quarterly earnings results 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 firm had revenue of $6.62 billion for the quarter, compared to analysts’ expectations of $6.90 billion. Lennar had a net margin of 5.39% and a return on equity of 7.80%. The business’s quarterly revenue was down 13.3% compared to the same quarter last year. During the same period in the previous year, the company posted $2.14 earnings per share. As a group, research analysts expect that Lennar Corporation will post 5.87 earnings per share for the current fiscal year.

Lennar Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Wednesday, April 22nd were given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend was Wednesday, April 22nd. Lennar’s dividend payout ratio is presently 28.74%.

Key Headlines Impacting Lennar

Here are the key news stories impacting Lennar this week:

Positive Sentiment: Lennar sold Raleigh townhomes to an investor, reinforcing demand for rental housing and showing the company can monetize completed projects even in a tougher housing market. Lennar sells Raleigh townhomes to California investor as rental demand surges
Positive Sentiment: Ongoing planning progress for the Cortlandt townhomes suggests Lennar continues to advance its land and community-development pipeline, which supports future growth. VS and Lennar move forward with planning for Cortlandt townhomes
Neutral Sentiment: Several recent articles focus on Lennar’s valuation, margin pressure, and upcoming earnings expectations, keeping attention on whether the stock is fairly priced ahead of the next results. Evaluating Lennar (LEN) As Shares Trade Near Analyst Fair Value Estimates
Neutral Sentiment: Industry commentary continues to point to the housing “lock-in effect,” which could help homebuilders like Lennar if lower rates improve affordability and unlock more demand. The Lock-In Effect Is Real—These 3 Homebuilders Are Betting on It (LEN)
Negative Sentiment: Keefe, Bruyette & Woods downgraded Lennar from “market perform” to “underperform” and cut its price target to $86 from $97, signaling concern about limited upside and possible margin pressure. KBW downgrades Lennar

Lennar Profile

(Free Report)

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.