Berkshire Hathaway expands Lennar stake. Berkshire Hathaway stock sits 6.53 percent below its high.

Published on 10/05/2026 at 12:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half earnings rose from USD 16.97 billion to USD 35.77 billion. Berkshire Hathaway stock costs EUR 447.93 on October 5, 2026 after EUR 446.58.

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Berkshire Hathaway stock was trading at EUR 447.93 at Lang & Schwarz on October 5, 2026, up 0.30 percent versus the prior close of EUR 446.58. Berkshire Hathaway expanded its Lennar position to 11.2 percent after buying USD 53.60 million of Class A shares and USD 329,000 of Class B shares, according to CNBC on October 3, 2026.

Lennar stake reaches 11.2 percent

The purchase lifted Berkshire Hathaway holdings in Lennar to 26.6 million shares valued at USD 2.1 billion at the close of October 2, 2026. The position stood at 5.4 percent and 13.4 million shares at the end of the second quarter, giving the new disclosure a clear capital-allocation signal.

For Berkshire Hathaway, the housing bet arrives alongside a broad deployment of capital under CEO Gregory Abel. The Lennar purchases also contrast with Morgan Stanley coverage of Lennar at Underweight and a USD 65 price target, a counterpoint reported by CNBC on October 3, 2026.

First-half profit needs context

Shareholder-attributable earnings rose from USD 16.97 billion in the first half of 2025 to USD 35.77 billion in the first half of 2026, while revenue increased from USD 182.24 billion to USD 195.48 billion, according to LineVest on September 29, 2026. Investment effects explained 81.2 percent of the shareholder-profit increase, so the headline earnings comparison does not represent operating growth alone.

Operating cash flow also rose from USD 20.99 billion in the first half of 2025 to USD 21.65 billion in the first half of 2026. The combination of higher cash generation and large investment commitments gives the stock a more specific post-Buffett test: whether acquisitions and equity purchases translate into durable operating earnings.

Stock remains below its yearly high

Berkshire Hathaway Class B closed at USD 502.65 on the NYSE on October 2, 2026, against a 52-week range of USD 464.01 to USD 537.74, according to Stock Analysis. That close was 6.53 percent below the yearly high. Yahoo Finance reported that UBS maintained its Buy rating and raised its Class B target from USD 585 to USD 604 on August 10, 2026, putting the target 20.18 percent above the USD 502.65 close.

The Lang & Schwarz quote was EUR 447.93 at 12:12 p.m. CEST on October 5, 2026, plus 0.30 percent versus the prior close of EUR 446.58. The further course of trading is shown by the continuously updated real-time quote of Berkshire Hathaway stock.