Brevan Howard Capital Management LP Has $7.53 Million Holdings in Lennar Corporation $LEN

Brevan Howard Capital Management LP lifted its stake in shares of Lennar Corporation (NYSE:LEN) by 82.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 59,727 shares of the construction company’s stock after acquiring an additional 27,064 shares during the period. Brevan Howard Capital Management LP’s holdings in Lennar were worth $7,528,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in LEN. Lazard Asset Management LLC boosted its stake in Lennar by 7.1% in the 2nd quarter. Lazard Asset Management LLC now owns 1,278 shares of the construction company’s stock worth $141,000 after purchasing an additional 85 shares during the period. Zions Bancorporation National Association UT lifted its holdings in shares of Lennar by 8.3% in the third quarter. Zions Bancorporation National Association UT now owns 1,127 shares of the construction company’s stock valued at $142,000 after purchasing an additional 86 shares in the last quarter. RFG Advisory LLC lifted its holdings in shares of Lennar by 2.1% in the third quarter. RFG Advisory LLC now owns 4,255 shares of the construction company’s stock valued at $536,000 after purchasing an additional 87 shares in the last quarter. UMB Bank n.a. grew its holdings in shares of Lennar by 6.2% during the third quarter. UMB Bank n.a. now owns 1,595 shares of the construction company’s stock worth $201,000 after buying an additional 93 shares in the last quarter. Finally, ORG Wealth Partners LLC raised its position in Lennar by 5.2% in the 3rd quarter. ORG Wealth Partners LLC now owns 2,072 shares of the construction company’s stock valued at $261,000 after buying an additional 102 shares during the last quarter. 81.10% of the stock is owned by institutional investors.

Lennar Trading Up 2.7%

NYSE LEN opened at $95.01 on Friday. Lennar Corporation has a 12 month low of $92.17 and a 12 month high of $144.24. The company has a current ratio of 4.89, a quick ratio of 1.36 and a debt-to-equity ratio of 0.18. The stock has a 50 day moving average of $112.52 and a 200-day moving average of $119.63. The company has a market cap of $23.47 billion, a PE ratio of 13.65, a PEG ratio of 1.37 and a beta of 1.43.

Lennar (NYSE:LEN) last issued its earnings results on Thursday, March 12th. The construction company reported $0.88 earnings per share for the quarter, missing analysts’ consensus estimates of $0.95 by ($0.07). The firm had revenue of $6.62 billion for the quarter, compared to analyst estimates of $6.90 billion. Lennar had a return on equity of 7.76% and a net margin of 5.39%.Lennar’s quarterly revenue was down 13.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.14 earnings per share. On average, equities research analysts anticipate that Lennar Corporation will post 12.48 EPS for the current fiscal year.

Lennar Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, February 19th. Stockholders of record on Wednesday, February 4th were issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend was Wednesday, February 4th. Lennar’s dividend payout ratio is presently 28.74%.

Lennar News Summary

Here are the key news stories impacting Lennar this week:

• Positive Sentiment: Management guided fiscal Q2 deliveries to roughly 20,000–21,000 homes and expects home-sales gross margin to tick up to 15.5%–16.0% (from 15.2% in Q1), signaling modest margin improvement into the spring selling season. Lennar shares rise as investors digest Q1 results and upbeat Q2 delivery outlook
• Positive Sentiment: The company repurchased about 2 million shares for $237 million during the quarter and ended with roughly $2.1 billion of homebuilding cash and no borrowings on its revolver — supporting buyback-driven EPS support and liquidity resilience. Lennar shares rise as investors digest Q1 results and upbeat Q2 delivery outlook
• Positive Sentiment: Operational stability: new home orders were up about 1% year-over-year to ~18,500 homes and backlog remained meaningful (~15,588 homes, ~ $6.0B), suggesting order stability even as market demand softens. Lennar’s Q1 Earnings & Revenues Miss, New Home Orders Up Y/Y
• Neutral Sentiment: Policy noise: President Trump signed executive orders intended to ease housing construction and expand mortgage access, but homebuilder stocks (including LEN) showed little immediate reaction — a weak near-term catalyst. Trump Signs Housing Orders. Home Builder Stocks Shrug.
• Neutral Sentiment: Street sentiment remains mixed/tilted cautious — recent consensus analyst stance is around “Reduce” with a median 6‑month target near $107.5, leaving valuation upside/downside dependent on macro and incentive trends. Lennar Corporation (NYSE:LEN) Receives Average Rating of “Reduce” from Analysts
• Negative Sentiment: Q1 financials missed consensus: adjusted EPS and revenues fell short (EPS ~ $0.88–0.93 vs. est. ~$0.95; revenue ~$6.6B vs. est. ~$6.9–7.0B), with revenue down ~13% YoY and net income sharply lower — a near-term drag on sentiment. Lennar Q1 earnings report summary
• Negative Sentiment: Deliveries and market pressure: reported home deliveries came in below guidance/consensus and incentives remain elevated (~double-digit levels in some reports), underscoring affordability headwinds that could compress margins if the market weakens further. Lennar Earnings Miss Is a Bad Sign for Home Builder Stocks—Even if They’re Rising Today

Analysts Set New Price Targets

A number of research firms have weighed in on LEN. Keefe, Bruyette & Woods reduced their price target on Lennar from $125.00 to $115.00 and set a “market perform” rating for the company in a research report on Thursday, December 18th. Weiss Ratings reissued a “hold (c)” rating on shares of Lennar in a research report on Thursday, January 22nd. Zacks Research cut shares of Lennar from a “hold” rating to a “strong sell” rating in a report on Thursday, January 8th. Citizens Jmp reiterated a “market perform” rating on shares of Lennar in a research note on Wednesday, January 7th. Finally, Royal Bank Of Canada set a $88.00 price target on shares of Lennar in a research report on Friday, January 9th. One 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 data from MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus target price of $106.14.

Lennar 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.