StocksMedium•11 November 2026•
1 min read
Berkshire Hathaway Buys $600M Stake in Lennar
Key Facts
1Warren Buffett's Berkshire Hathaway purchased approximately 7.4 million Class A shares of Lennar.
2The transaction was valued at roughly $596 million, executed at prices between $74.80 and $81.96 per share.
3Berkshire now holds a 12% stake in homebuilder Lennar, valued at approximately $2.2 billion.
Warren Buffett's Berkshire Hathaway purchased approximately 7.4 million Class A shares of homebuilder Lennar in a transaction valued at roughly $596 million. 24/7 Wall St. reported that the acquisition was executed at prices ranging between $74.80 and $81.96 per share. Berkshire now holds a 12% stake in the company, with a total valuation of approximately $2.2 billion.
Lennar closed at $86.66 on November 10, 2026, while Berkshire Hathaway Class B shares closed at $583.34 on the same date. The investment follows a period of sector pressure, as 24/7 Wall St. noted that Lennar's third-quarter revenue fell 8.52% to $8.05 billion, while new home orders declined by 9%.