Lennar Corporation $LEN Shares Sold by Palumbo Wealth Management LLC

Palumbo Wealth Management LLC reduced its position in Lennar Corporation (NYSE:LEN) by 38.0% in the 4th quarter, Holdings Channel.com reports. The fund owned 12,861 shares of the construction company’s stock after selling 7,876 shares during the quarter. Palumbo Wealth Management LLC’s holdings in Lennar were worth $1,322,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of LEN. Brighton Jones LLC boosted its holdings in shares of Lennar by 27.9% in the fourth quarter. Brighton Jones LLC now owns 1,727 shares of the construction company’s stock valued at $236,000 after acquiring an additional 377 shares during the period. Intech Investment Management LLC boosted its holdings in shares of Lennar by 29.8% in the first quarter. Intech Investment Management LLC now owns 13,840 shares of the construction company’s stock valued at $1,589,000 after acquiring an additional 3,177 shares during the period. Jump Financial LLC boosted its holdings in shares of Lennar by 15.0% in the second quarter. Jump Financial LLC now owns 25,622 shares of the construction company’s stock valued at $2,834,000 after acquiring an additional 3,345 shares during the period. Cerity Partners LLC lifted its holdings in shares of Lennar by 6.6% during the second quarter. Cerity Partners LLC now owns 91,329 shares of the construction company’s stock worth $10,102,000 after purchasing an additional 5,661 shares during the period. Finally, Cary Street Partners Financial LLC acquired a new stake in shares of Lennar during the second quarter worth $47,000. 81.10% of the stock is owned by institutional investors and hedge funds.

Lennar Price Performance

Lennar stock opened at $85.54 on Wednesday. Lennar Corporation has a one year low of $83.03 and a one year high of $144.24. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.97 and a current ratio of 4.77. The business has a fifty day moving average of $104.22 and a two-hundred day moving average of $114.13. The company has a market cap of $21.13 billion, a P/E ratio of 12.29, a price-to-earnings-growth ratio of 1.85 and a beta of 1.47.

Lennar (NYSE:LEN) last released its earnings results on Thursday, March 12th. The construction company reported $0.88 EPS for the quarter, missing analysts’ consensus estimates of $0.95 by ($0.07). Lennar had a net margin of 5.39% and a return on equity of 7.80%. The business had revenue of $6.62 billion during the quarter, compared to analyst estimates of $6.90 billion. During the same period last year, the business posted $2.14 EPS. Lennar’s revenue was down 13.3% compared to the same quarter last year. As a group, analysts predict that Lennar Corporation will post 12.48 earnings per share for the current fiscal year.

Lennar Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 19th. Shareholders of record on Wednesday, February 4th were issued a $0.50 dividend. The ex-dividend date of this dividend was Wednesday, February 4th. This represents a $2.00 dividend on an annualized basis and a yield of 2.3%. Lennar’s dividend payout ratio (DPR) is 28.74%.

More Lennar News

Here are the key news stories impacting Lennar this week:

• Positive Sentiment: Lennar is highlighted as a “deep-value” rebound candidate by MarketBeat — analysts note a strong balance sheet, below‑average forward P/E (~7x), and upside if mortgage rates improve. 3 Discounted Stocks With Strong Rebound Potential (LEN)
• Positive Sentiment: Ongoing land buys and lot acquisitions (Sacramento area, Elk Grove/Rancho Cordova/Vineyard; lot purchases from Terra Development) expand Lennar’s future inventory, supporting medium-term volume potential as markets recover. Lennar buys future home lots in Elk Grove, Rancho Cordova, Vineyard
• Neutral Sentiment: Local construction pipeline data (e.g., Huntsville area $532M in new starts) show continued regional building activity that could benefit national builders like Lennar if demand persists, though direct impact is unclear. $532 million in new construction started in the Huntsville area
• Neutral Sentiment: Smaller lot-sale press releases (e.g., Terra Development 36-lot sale) reflect steady localized land transactions that support future build plans but are not immediate revenue drivers. Terra Development participates in 36 lot sales to Lennar
• Negative Sentiment: LEN shares were hit hard after the company missed Q1 revenue and EPS estimates and investors reacted to a steep March selloff; coverage and articles explain the 24% drawdown in March tied to the earnings disappointment. Why Lennar Corporation Stock Fell 24.1% In March
• Negative Sentiment: Analysts are trimming forecasts: Zacks cut Q4 2027, FY2027 and FY2028 EPS estimates substantially, citing weaker near-term demand — this reduces forward earnings visibility and raises downside risk to the stock (Zacks has a “Hold”).
• Negative Sentiment: Brokerage consensus has skewed bearish with an aggregate “Reduce” rating, adding selling pressure and limiting near-term upside until results or guidance stabilize. Lennar Given Consensus Rating of “Reduce” by Brokerages

Analyst Ratings Changes

Several brokerages recently weighed in on LEN. Seaport Research Partners reaffirmed a “sell” rating and set a $74.00 price target (down from $140.00) on shares of Lennar in a report on Tuesday. Evercore downgraded Lennar from an “in-line” rating to an “underperform” rating and decreased their price target for the stock from $114.00 to $92.00 in a report on Thursday, December 18th. Argus raised Lennar to a “strong-buy” rating in a report on Friday, January 16th. JPMorgan Chase & Co. decreased their price target on Lennar from $115.00 to $80.00 and set an “underweight” rating for the company in a report on Thursday, December 18th. Finally, Bank of America reaffirmed an “underperform” rating and set a $95.00 price target (down from $125.00) on shares of Lennar in a report on Thursday, December 18th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Hold rating and eight have issued a Sell rating to the stock. According to MarketBeat.com, Lennar presently has a consensus rating of “Reduce” and a consensus price target of $101.14.

Lennar Company 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.