Summit Place Financial Advisors LLC Purchases New Shares in Lennar Corporation $LEN

Summit Place Financial Advisors LLC acquired a new position in shares of Lennar Corporation (NYSE:LEN) in the 3rd quarter, Holdings Channel.com reports. The fund acquired 8,925 shares of the construction company’s stock, valued at approximately $1,125,000.

Several other hedge funds and other institutional investors have also made changes to their positions in LEN. FNY Investment Advisers LLC purchased a new position in shares of Lennar during the 2nd quarter worth about $33,000. Rexford Capital Inc. bought a new stake in Lennar in the second quarter worth about $36,000. Mid American Wealth Advisory Group Inc. purchased a new position in shares of Lennar during the second quarter valued at approximately $43,000. Cary Street Partners Financial LLC purchased a new position in shares of Lennar during the second quarter valued at approximately $47,000. Finally, SBI Securities Co. Ltd. grew its stake in shares of Lennar by 190.9% during the second quarter. SBI Securities Co. Ltd. now owns 573 shares of the construction company’s stock valued at $63,000 after buying an additional 376 shares during the last quarter. Hedge funds and other institutional investors own 81.10% of the company’s stock.

Lennar News Roundup

Here are the key news stories impacting Lennar this week:

• Positive Sentiment: Private capital activity that can support housing and land markets — TPG bought a majority interest in Quarterra, a large residential/mixed‑use land platform, which signals continued investor appetite for housing assets and could indirectly support demand for builders like Lennar. TPG Buys Majority Interest in Quarterra
• Neutral Sentiment: Citizens Jmp reaffirmed a “market perform” rating on LEN — the call is stabilizing but not bullish. Citizens Jmp Reaffirms Market Perform for Lennar
• Neutral Sentiment: Zacks published a FY2028 EPS projection ($10.17) alongside its other research notes — the firm remains at a “Hold” stance, providing some forward‑looking context but not an upgrade. Zacks Research
• Negative Sentiment: Broad downward revisions from Zacks Research to near‑term and FY2026/2027 EPS estimates — multiple quarters and full‑year forecasts were cut (notably Q1–Q4 2026 and FY2026 from $8.77 to $6.14; FY2027 to $8.42), which increases downside risk to sentiment and could pressure future expectations. Zacks estimate revisions
• Negative Sentiment: Analysts cut price targets: Citigroup trimmed its target to $113 (neutral rating) and Wells Fargo lowered its target to $105 — both moves reduce the near‑term upside implied by sell‑side research. Citigroup price target change Wells Fargo lowers price target
• Negative Sentiment: Local permitting/community pushback risk — a proposed development near Helotes Creek drew scrutiny, highlighting potential delays or cost from local opposition on specific projects. Helotes Creek development scrutiny

Lennar Stock Performance

Shares of NYSE:LEN opened at $109.49 on Friday. The firm has a 50 day moving average of $117.05 and a 200 day moving average of $121.19. The company has a quick ratio of 1.36, a current ratio of 4.89 and a debt-to-equity ratio of 0.18. The company has a market capitalization of $27.92 billion, a price-to-earnings ratio of 13.70, a price-to-earnings-growth ratio of 1.13 and a beta of 1.42. Lennar Corporation has a 52 week low of $98.42 and a 52 week high of $144.24.

Lennar (NYSE:LEN) last announced its quarterly earnings results on Tuesday, December 16th. The construction company reported $2.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.30 by ($0.27). The company had revenue of $9.37 billion during the quarter, compared to analysts’ expectations of $9.17 billion. Lennar had a net margin of 6.08% and a return on equity of 9.27%. The company’s revenue was down 5.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $4.03 earnings per share. On average, sell-side analysts predict that Lennar Corporation will post 12.48 earnings per share for the current fiscal year.

Analysts Set New Price Targets

LEN has been the topic of a number of recent analyst reports. Keefe, Bruyette & Woods reduced their target price on Lennar from $125.00 to $115.00 and set a “market perform” rating on the stock in a research note on Thursday, December 18th. Wedbush reaffirmed a “neutral” rating and issued a $130.00 price target on shares of Lennar in a research note on Monday, September 22nd. Citigroup dropped their target price on shares of Lennar from $133.00 to $113.00 and set a “neutral” rating on the stock in a research note on Thursday. Barclays lowered their price target on Lennar from $98.00 to $88.00 and set an “underweight” rating for the company in a report on Thursday, December 18th. Finally, Raymond James Financial downgraded Lennar from a “market perform” rating to an “underperform” rating in a report on Monday, September 22nd. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, ten have issued a Hold rating and seven have assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus price target of $106.54.

About Lennar

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.