Lennar (NYSE:LEN) Major Shareholder Purchases $1,015,030.77 in Stock

Posted by George Bondi on Oct 3rd, 2026

Lennar Corporation (NYSE:LEN – Get Free Report) major shareholder Berkshire Hathaway Inc bought 12,389 shares of the company’s stock in a transaction that occurred on Tuesday, September 29th. The shares were bought at an average price of $81.93 per share, for a total transaction of $1,015,030.77. Following the acquisition, the insider directly owned 25,395,623 shares of the company’s stock, valued at $2,080,663,392.39. This represents a 0.05% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

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

On Wednesday, September 30th, Berkshire Hathaway Inc purchased 642,821 shares of Lennar stock. The stock was bought at an average price of $81.58 per share, with a total value of $52,441,337.18.
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, for a total transaction of $39,921,098.88.
On Thursday, September 24th, Berkshire Hathaway Inc acquired 653,320 shares of Lennar stock. The stock was bought at an average cost of $80.88 per share, with a total value of $52,840,521.60.
On Wednesday, September 23rd, Berkshire Hathaway Inc bought 534,256 shares of Lennar stock. The stock was purchased at an average cost of $81.65 per share, with a total value of $43,622,002.40.
On Monday, September 21st, Berkshire Hathaway Inc bought 667,118 shares of Lennar stock. The shares were purchased at an average price of $77.74 per share, for a total transaction of $51,861,753.32.
On Friday, September 18th, Berkshire Hathaway Inc purchased 1,381,397 shares of Lennar stock. The shares were purchased at an average cost of $76.48 per share, for a total transaction of $105,649,242.56.
On Thursday, September 17th, Berkshire Hathaway Inc acquired 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 Down 2.8%

Lennar stock opened at $79.84 on Friday. The firm has a market capitalization of $19.23 billion, a PE ratio of 15.09, a P/E/G ratio of 3.10 and a beta of 1.36. The company’s 50-day moving average is $83.73 and its 200-day moving average is $87.07. Lennar Corporation has a fifty-two week low of $75.70 and a fifty-two week high of $133.76. The company has a debt-to-equity ratio of 0.20, a current ratio of 4.94 and a quick ratio of 0.69.

Lennar (NYSE:LEN – Get Free Report) last issued its earnings results 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 quarter last year, the business posted $2.00 earnings per share. The company’s revenue for the quarter was down 8.7% on a year-over-year basis. Sell-side analysts anticipate that Lennar Corporation will post 4.85 earnings per share for the current year.

Lennar Dividend Announcement

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

Lennar News Summary

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.

Institutional Investors Weigh In On Lennar

A number of large investors have recently added to or reduced their stakes in the stock. New Mexico Educational Retirement Board grew its holdings in shares of Lennar by 1.0% during the 4th quarter. New Mexico Educational Retirement Board now owns 10,560 shares of the construction company’s stock worth $1,086,000 after purchasing an additional 100 shares in the last quarter. KCM Investment Advisors LLC raised its stake in Lennar by 1.3% in the first quarter. KCM Investment Advisors LLC now owns 9,879 shares of the construction company’s stock valued at $858,000 after purchasing an additional 125 shares in the last quarter. Ritholtz Wealth Management lifted its position in Lennar by 5.4% during the first quarter. Ritholtz Wealth Management now owns 2,926 shares of the construction company’s stock worth $254,000 after purchasing an additional 150 shares during the period. Unison Advisors LLC grew its stake in Lennar by 0.4% during the first quarter. Unison Advisors LLC now owns 37,815 shares of the construction company’s stock worth $3,284,000 after buying an additional 154 shares in the last quarter. Finally, Wedmont Private Capital grew its stake in Lennar by 4.8% during the second quarter. Wedmont Private Capital now owns 3,460 shares of the construction company’s stock worth $292,000 after buying an additional 157 shares in the last quarter. Institutional investors and hedge funds own 81.10% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. BTIG Research restated a “sell” rating and issued a $63.00 price target on shares of Lennar in a research note on Friday, September 18th. Evercore lifted their price objective on shares of Lennar from $82.00 to $87.00 and gave the stock an “underperform” rating in a research report on Monday, June 15th. Citizens Jmp reiterated a “hold” rating on shares of Lennar in a report on Thursday, September 17th. Bank of America cut 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. Finally, JPMorgan Chase & Co. reduced their target price on shares of Lennar from $80.00 to $77.00 and set an “underweight” rating for the company in a report on Tuesday, June 16th. One research analyst has rated the stock with a Buy rating, seven have issued a Hold rating and ten have assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus target price of $79.86.

View Our Latest Stock Report on LEN

Lennar Company Profile

(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.