Lennox International Inc. (NYSE:LII) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Lennox International Inc. (NYSE:LII) have been assigned an average rating of “Moderate Buy” from the twelve ratings firms that are presently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and eight have given a buy rating to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $473.67.

LII has been the topic of several research reports. Barclays lifted their price target on shares of Lennox International from $450.00 to $500.00 and gave the company an “equal weight” rating in a report on Tuesday, April 2nd. Wells Fargo & Company boosted their price objective on Lennox International from $491.00 to $545.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 2nd. Deutsche Bank Aktiengesellschaft began coverage on Lennox International in a research note on Thursday, February 1st. They set a “buy” rating and a $523.00 price target on the stock. Royal Bank of Canada boosted their target price on shares of Lennox International from $392.00 to $414.00 and gave the stock a “sector perform” rating in a report on Thursday, February 1st. Finally, Mizuho boosted their price objective on shares of Lennox International from $490.00 to $540.00 and gave the stock a “buy” rating in a research note on Monday, April 1st.

Insider Transactions at Lennox International

In other news, EVP Joseph William Reitmeier sold 1,930 shares of the business’s stock in a transaction that occurred on Wednesday, February 28th. The shares were sold at an average price of $471.48, for a total transaction of $909,956.40. Following the completion of the transaction, the executive vice president now directly owns 24,533 shares of the company’s stock, valued at $11,566,818.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, EVP Joseph William Reitmeier sold 1,930 shares of the firm’s stock in a transaction dated Wednesday, February 28th. The stock was sold at an average price of $471.48, for a total value of $909,956.40. Following the transaction, the executive vice president now owns 24,533 shares of the company’s stock, valued at $11,566,818.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Gary S. Bedard sold 1,849 shares of the business’s stock in a transaction that occurred on Monday, March 18th. The shares were sold at an average price of $473.59, for a total value of $875,667.91. Following the transaction, the executive vice president now owns 20,465 shares of the company’s stock, valued at $9,692,019.35. The disclosure for this sale can be found here. Insiders own 10.40% of the company’s stock.

Institutional Trading of Lennox International

Several institutional investors and hedge funds have recently modified their holdings of the company. Sumitomo Mitsui Trust Holdings Inc. raised its stake in Lennox International by 9.0% during the 1st quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 73,135 shares of the construction company’s stock valued at $35,745,000 after purchasing an additional 6,041 shares during the period. New England Research & Management Inc. purchased a new stake in Lennox International during the 1st quarter valued at approximately $489,000. Rise Advisors LLC purchased a new stake in Lennox International during the 1st quarter valued at approximately $41,000. Symmetry Partners LLC raised its position in shares of Lennox International by 4.6% during the first quarter. Symmetry Partners LLC now owns 2,137 shares of the construction company’s stock valued at $1,044,000 after buying an additional 94 shares during the last quarter. Finally, V Square Quantitative Management LLC lifted its holdings in shares of Lennox International by 66.0% in the fourth quarter. V Square Quantitative Management LLC now owns 352 shares of the construction company’s stock worth $158,000 after buying an additional 140 shares in the last quarter. 67.07% of the stock is currently owned by institutional investors.

Lennox International Stock Down 0.3 %

Shares of NYSE LII opened at $457.15 on Friday. Lennox International has a 52 week low of $256.74 and a 52 week high of $501.72. The stock’s fifty day moving average is $469.85 and its 200 day moving average is $432.12. The company has a debt-to-equity ratio of 4.01, a quick ratio of 0.72 and a current ratio of 1.41. The stock has a market capitalization of $16.28 billion, a P/E ratio of 27.64, a PEG ratio of 2.25 and a beta of 1.02.

Lennox International (NYSE:LII) last announced its quarterly earnings data on Wednesday, January 31st. The construction company reported $3.63 EPS for the quarter, beating the consensus estimate of $3.46 by $0.17. Lennox International had a net margin of 11.85% and a return on equity of 671.77%. The business had revenue of $1.15 billion during the quarter, compared to the consensus estimate of $1.15 billion. Sell-side analysts forecast that Lennox International will post 19.74 earnings per share for the current fiscal year.

Lennox International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Friday, March 29th were paid a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a yield of 0.96%. The ex-dividend date was Wednesday, March 27th. Lennox International’s payout ratio is 26.60%.

Lennox International Company Profile

Lennox International Inc, together with its subsidiaries, designs, manufactures, and markets a range of products for the heating, ventilation, air conditioning, and refrigeration markets in the United States, Canada, and internationally. The Home Comfort Solutions segment provides furnaces, air conditioners, heat pumps, packaged heating and cooling systems, indoor air quality equipment, comfort control products, and replacement parts and supplies; residential heating, ventilation, cooling equipment, and air conditioning; and evaporator coils and unit heaters under Lennox, Dave Lennox Signature Collection, Armstrong Air, Ducane, AirEase, Concord, MagicPak, Advanced Distributor Products, Allied, Elite Series, Merit Series, Comfort Sync, Healthy Climate, iComfort, ComfortSense, and Lennox Stores name.