Lennar (NYSE:LEN) Major Shareholder Acquires $52,441,337.18 in Stock

Posted by Geri Gentry on Oct 3rd, 2026

Lennar Corporation (NYSE:LEN – Get Free Report) major shareholder Berkshire Hathaway Inc acquired 642,821 shares of Lennar stock in a transaction on Wednesday, September 30th. The shares were purchased at an average price of $81.58 per share, for a total transaction of $52,441,337.18. Following the completion of the purchase, the insider directly owned 26,034,436 shares of the company’s stock, valued at approximately $2,123,889,288.88. This represents a 2.53% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

Berkshire Hathaway Inc also recently made the following trade(s):

On Tuesday, September 29th, Berkshire Hathaway Inc bought 12,389 shares of Lennar stock. The stock was bought at an average cost of $81.93 per share, with a total value of $1,015,030.77.
On Monday, September 28th, Berkshire Hathaway Inc purchased 5,200 shares of Lennar stock. The shares were bought at an average cost of $81.96 per share, for a total transaction of $426,192.00.
On Friday, September 25th, Berkshire Hathaway Inc acquired 492,124 shares of Lennar stock. The shares were bought at an average price of $81.12 per share, with a total value of $39,921,098.88.
On Thursday, September 24th, Berkshire Hathaway Inc bought 653,320 shares of Lennar stock. The stock was bought at an average price of $80.88 per share, for a total transaction of $52,840,521.60.
On Wednesday, September 23rd, Berkshire Hathaway Inc purchased 534,256 shares of Lennar stock. The shares were bought at an average price of $81.65 per share, with a total value of $43,622,002.40.
On Monday, September 21st, Berkshire Hathaway Inc purchased 667,118 shares of Lennar stock. The stock was purchased at an average price of $77.74 per share, with a total value of $51,861,753.32.
On Friday, September 18th, Berkshire Hathaway Inc acquired 1,381,397 shares of Lennar stock. The shares were purchased at an average price of $76.48 per share, for a total transaction of $105,649,242.56.
On Thursday, September 17th, Berkshire Hathaway Inc bought 695,014 shares of Lennar stock. The stock was purchased at an average cost of $78.98 per share, with a total value of $54,892,205.72.

Lennar Stock Performance

Shares of LEN stock opened at $79.84 on Friday. The business’s 50-day moving average price is $83.73 and its 200-day moving average price is $87.07. Lennar Corporation has a 12 month low of $75.70 and a 12 month high of $133.76. The firm has a market capitalization of $19.23 billion, a price-to-earnings ratio of 15.09, a PEG ratio of 3.10 and a beta of 1.36. The company has a current ratio of 4.94, a quick ratio of 0.69 and a debt-to-equity ratio of 0.20.

Lennar (NYSE:LEN – Get Free Report) last released its quarterly earnings data on Wednesday, September 16th. The construction company reported $1.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.29 by ($0.06). Lennar had a net margin of 4.09% and a return on equity of 6.15%. The firm had revenue of $8.05 billion during the quarter, compared to analyst estimates of $8.32 billion. During the same period in the prior year, the company earned $2.00 EPS. The business’s quarterly revenue was down 8.7% compared to the same quarter last year. Equities research analysts forecast that Lennar Corporation will post 4.85 EPS for the current year.

Lennar Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 22nd. Stockholders of record on Wednesday, October 7th will be issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date is Wednesday, October 7th. Lennar’s payout ratio is 37.81%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on LEN. BTIG Research reaffirmed a “sell” rating and set a $63.00 target price on shares of Lennar in a research report on Friday, September 18th. Royal Bank Of Canada decreased their price target on Lennar from $85.00 to $69.00 and set an “underperform” rating for the company in a research note on Friday, September 18th. UBS Group cut their price objective on Lennar from $107.00 to $94.00 and set a “neutral” rating on the stock in a research note on Tuesday, June 16th. Morgan Stanley began coverage on Lennar in a report on Thursday. They issued an “underweight” rating and a $65.00 target price on the stock. Finally, Bank of America lowered their target price on shares of Lennar from $77.00 to $70.00 and set an “underperform” rating for the company in a research note on Monday, September 14th. One research analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and ten have given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Reduce” and an average price target of $79.86.

Read Our Latest Report on LEN

Institutional Trading of Lennar

Several institutional investors and hedge funds have recently modified their holdings of the stock. Janus Henderson Group PLC increased its position in Lennar by 19.7% in the first quarter. Janus Henderson Group PLC now owns 2,546,970 shares of the construction company’s stock worth $221,176,000 after buying an additional 419,745 shares during the last quarter. Van Lanschot Kempen Investment Management N.V. boosted its position in shares of Lennar by 90.9% during the 4th quarter. Van Lanschot Kempen Investment Management N.V. now owns 1,963,373 shares of the construction company’s stock valued at $201,835,000 after acquiring an additional 934,856 shares during the last quarter. Swiss National Bank increased its holdings in shares of Lennar by 4.8% in the 1st quarter. Swiss National Bank now owns 601,468 shares of the construction company’s stock worth $52,231,000 after buying an additional 27,500 shares during the last quarter. River Road Asset Management LLC raised its position in Lennar by 10.3% during the fourth quarter. River Road Asset Management LLC now owns 461,696 shares of the construction company’s stock valued at $47,462,000 after purchasing an additional 43,186 shares in the last quarter. Finally, Nan Shan Life Insurance Co. Ltd. raised its position in Lennar by 6,292.5% in the 2nd quarter. Nan Shan Life Insurance Co. Ltd. now owns 328,000 shares of the construction company’s stock worth $29,681,000 after purchasing an additional 322,869 shares during the period. 81.10% of the stock is owned by hedge funds and other institutional investors.

Lennar News Roundup

Here are the key news stories impacting Lennar this week:

Positive Sentiment: Berkshire Hathaway continued accumulating shares: Berkshire purchased approximately 660,000 Lennar shares in transactions dated September 28–30, including a roughly $52.4 million purchase. Its stake now exceeds 26 million shares, signaling confidence in Lennar’s long-term valuation despite the housing slowdown. SEC ownership filing
Neutral Sentiment: Options activity increased: Traders purchased 10,175 put options, about 31% above Lennar’s average daily put volume. The activity suggests heightened demand for downside protection or bearish speculation, but does not by itself confirm the direction of the stock.
Negative Sentiment: Short report raises transaction concerns: Hunterbrook alleged Lennar met quarterly targets partly by selling homes to Millrose Properties, its spinoff. Investors may view the allegations as a risk to the quality of reported sales and earnings, increasing scrutiny of Lennar’s accounting and operating relationships. Hunterbrook short report article
Negative Sentiment: Analyst disagreement turned more bearish: Morgan Stanley issued a sell rating, arguing that housing-market recovery timing and downside risks may not justify Lennar’s valuation. The call contrasts with Berkshire’s purchases and adds pressure to investor sentiment. Morgan Stanley sell-rating article
Negative Sentiment: Weak recent results remain a backdrop: Lennar’s latest quarterly EPS of $1.23 missed the $1.29 consensus estimate, while revenue of $8.05 billion fell short of expectations and declined 8.7% year over year. The earnings deterioration reinforces concerns about housing demand, margins and profitability.

About Lennar

(Get Free Report)

Lennar Corporation (NYSE: LEN) is a homebuilding company that designs, constructs and sells single-family homes and, through its multifamily operations, develops apartment communities. Its residential offerings generally include homes across a range of sizes and prices, serving first-time, move-up and active-adult buyers.

The company also provides related services through businesses involved in mortgage financing, title and closing services, insurance and other real estate activities. Lennar develops residential communities and manages land acquisition, planning and construction as part of its integrated homebuilding model.

Founded in 1954, Lennar has expanded from its origins in South Florida into a national homebuilder serving numerous markets across the United States.