Lennox International Inc. (NYSE:LII) Given Average Rating of “Hold” by Brokerages

Shares of Lennox International Inc. (NYSE:LII – Get Rating) have been assigned a consensus rating of “Hold” from the fourteen research firms that are currently covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $259.92.

A number of research analysts have recently commented on LII shares. Wells Fargo & Company increased their price objective on Lennox International from $288.00 to $300.00 and gave the company an “overweight” rating in a report on Wednesday, February 1st. Mizuho upgraded Lennox International from an “underperform” rating to a “neutral” rating and increased their price objective for the company from $210.00 to $260.00 in a report on Friday, December 16th. StockNews.com started coverage on Lennox International in a report on Thursday. They issued a “hold” rating on the stock. UBS Group increased their price objective on Lennox International from $255.00 to $265.00 and gave the company a “neutral” rating in a report on Thursday, December 15th. Finally, Robert W. Baird increased their price objective on Lennox International from $250.00 to $265.00 in a report on Thursday, December 15th.

Lennox International Price Performance

Shares of NYSE LII opened at $245.35 on Friday. The stock’s 50-day moving average is $254.70 and its two-hundred day moving average is $247.69. Lennox International has a 1-year low of $182.85 and a 1-year high of $279.31. The company has a market cap of $8.70 billion, a price-to-earnings ratio of 17.66, a price-to-earnings-growth ratio of 7.48 and a beta of 0.92.

Lennox International (NYSE:LII – Get Rating) last released its quarterly earnings data on Tuesday, January 31st. The construction company reported $2.63 EPS for the quarter, beating analysts’ consensus estimates of $2.55 by $0.08. Lennox International had a negative return on equity of 152.66% and a net margin of 10.53%. The business had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.10 billion. During the same quarter in the prior year, the business posted $2.35 EPS. The business’s revenue for the quarter was up 13.4% on a year-over-year basis. Equities research analysts anticipate that Lennox International will post 14.84 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Lennox International news, CAO Chris Kosel sold 150 shares of the stock in a transaction that occurred on Tuesday, January 17th. The stock was sold at an average price of $253.03, for a total transaction of $37,954.50. Following the completion of the sale, the chief accounting officer now directly owns 1,851 shares of the company’s stock, valued at approximately $468,358.53. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 2.80% of the stock is currently owned by company insiders.

Institutional Trading of Lennox International

Several hedge funds have recently modified their holdings of LII. Procyon Advisors LLC increased its stake in Lennox International by 5.3% in the 4th quarter. Procyon Advisors LLC now owns 1,218 shares of the construction company’s stock valued at $291,000 after purchasing an additional 61 shares in the last quarter. Tredje AP fonden increased its position in Lennox International by 1.1% during the fourth quarter. Tredje AP fonden now owns 6,447 shares of the construction company’s stock worth $1,542,000 after buying an additional 69 shares in the last quarter. Oregon Public Employees Retirement Fund increased its position in Lennox International by 0.8% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 9,487 shares of the construction company’s stock worth $2,270,000 after buying an additional 71 shares in the last quarter. Private Trust Co. NA increased its position in Lennox International by 211.1% during the third quarter. Private Trust Co. NA now owns 112 shares of the construction company’s stock worth $25,000 after buying an additional 76 shares in the last quarter. Finally, Eagle Bay Advisors LLC increased its position in Lennox International by 38.5% during the fourth quarter. Eagle Bay Advisors LLC now owns 385 shares of the construction company’s stock worth $92,000 after buying an additional 107 shares in the last quarter. 68.99% of the stock is owned by institutional investors and hedge funds.

Lennox International Company Profile

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Lennox International, Inc engages in the design, manufacture, and marketing of products for heating, ventilation, air conditioning, and refrigeration. It operates through the following business segments: Residential Heating & Cooling, Commercial Heating & Cooling, and Refrigeration. The Residential Heating & Cooling segment manufactures and markets furnaces, air conditioners, heat pumps, packaged heating and cooling systems, equipment, and accessories.