Lennar Corporation $LEN Stock: Sage Investment Counsel LLC Decreases Holdings

Posted by George Bondi on Oct 27th, 2026

Sage Investment Counsel LLC reduced its holdings in shares of Lennar Corporation (NYSE:LEN – Free Report) by 61.0% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 5,930 shares of the construction company’s stock after selling 9,278 shares during the period. Sage Investment Counsel LLC’s holdings in Lennar were worth $484,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Janus Henderson Group PLC raised 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 purchasing an additional 419,745 shares in the last quarter. Swiss National Bank boosted its holdings in Lennar by 4.8% during the first quarter. Swiss National Bank now owns 601,468 shares of the construction company’s stock valued at $52,231,000 after purchasing an additional 27,500 shares in the last quarter. Nan Shan Life Insurance Co. Ltd. grew its stake in shares of 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 valued at $29,681,000 after purchasing an additional 322,869 shares during the period. California Public Employees Retirement System grew its stake in shares of Lennar by 2.3% in the 1st quarter. California Public Employees Retirement System now owns 313,354 shares of the construction company’s stock valued at $27,212,000 after purchasing an additional 7,103 shares during the period. Finally, Empowered Funds LLC grew its stake in shares of Lennar by 322.4% in the 1st quarter. Empowered Funds LLC now owns 309,880 shares of the construction company’s stock valued at $26,910,000 after purchasing an additional 236,524 shares during the period. Institutional investors own 81.10% of the company’s stock.

Lennar Stock Down 1.1%

Shares of NYSE:LEN opened at $83.97 on Tuesday. Lennar Corporation has a 12 month low of $71.78 and a 12 month high of $133.76. The company has a quick ratio of 0.69, a current ratio of 4.94 and a debt-to-equity ratio of 0.20. The company’s 50-day moving average price is $81.23 and its two-hundred day moving average price is $92.27. The firm has a market cap of $19.98 billion, a P/E ratio of 15.58, a P/E/G ratio of 3.19 and a beta of 1.36.

Lennar (NYSE:LEN – Get Free Report) last issued its quarterly earnings results on Wednesday, September 16th. The construction company reported $1.23 earnings per share for the quarter, missing analysts’ consensus estimates of $1.29 by ($0.06). The company had revenue of $8.05 billion during the quarter, compared to analyst estimates of $8.32 billion. Lennar had a net margin of 4.09% and a return on equity of 6.15%. The business’s revenue for the quarter was down 8.7% on a year-over-year basis. During the same period in the prior year, the business earned $2.00 EPS. As a group, research analysts forecast that Lennar Corporation will post 4.88 EPS for the current fiscal year.

Lennar Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 22nd. Shareholders of record on Wednesday, October 7th were issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend was Wednesday, October 7th. Lennar’s payout ratio is currently 37.81%.

Analyst Ratings Changes

LEN has been the subject of several analyst reports. Truist Financial cut their target price on Lennar from $80.00 to $75.00 and set a “hold” rating for the company in a research report on Wednesday, September 16th. Weiss Ratings cut Lennar from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, October 21st. Morgan Stanley initiated coverage on Lennar in a research report on Thursday, October 1st. They issued an “underweight” rating and a $65.00 price target on the stock. Melius Research assumed coverage on Lennar in a research note on Tuesday, October 6th. They set a “sell” rating and a $72.00 price objective for the company. Finally, Argus set a $108.00 price objective on Lennar in a report on Thursday, July 9th. One research analyst has rated the stock with a Buy rating, seven have given a Hold rating and eleven have issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Strong Sell” and an average target price of $79.00.

View Our Latest Stock Analysis on Lennar

Insider Transactions at Lennar

In other Lennar news, major shareholder Berkshire Hathaway Inc bought 1,708,095 shares of the business’s stock in a transaction on Friday, October 2nd. The shares were bought at an average cost of $79.44 per share, for a total transaction of $135,691,066.80. Following the transaction, the insider owned 28,438,045 shares in the company, valued at approximately $2,259,118,294.80. This trade represents a 6.39% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In the last 90 days, insiders have bought 7,502,276 shares of company stock worth $595,303,287. Corporate insiders own 10.05% of the company’s stock.

Lennar Profile

(Free Report)

Lennar Corporation (NYSE:LEN) is a homebuilding and real estate company that develops, constructs, and sells primarily single-family homes. The company offers homes across a range of price points and designs, including residences for first-time, move-up, luxury, and active-adult buyers. Its operations also include land acquisition and development, allowing Lennar to prepare communities and lots for residential construction.

In addition to homebuilding, Lennar develops multifamily rental properties and provides related financial services.