Lennox International, Inc. (NYSE:LII) Receives Average Rating of “Hold” from Brokerages

Shares of Lennox International, Inc. (NYSE:LII) have received a consensus recommendation of “Hold” from the fifteen analysts that are presently covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have given a buy rating to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $600.1667.

A number of equities analysts have weighed in on LII shares. Northcoast Research upgraded Lennox International from a “sell” rating to a “neutral” rating and set a $525.00 price objective for the company in a research note on Monday, October 27th. JPMorgan Chase & Co. cut their target price on Lennox International from $501.00 to $493.00 and set an “underweight” rating for the company in a research note on Thursday, October 23rd. Mizuho dropped their price objective on shares of Lennox International from $650.00 to $565.00 and set a “neutral” rating for the company in a report on Friday, October 17th. Morgan Stanley cut their price target on Lennox International from $535.00 to $475.00 and set an “underweight” rating on the stock in a research note on Thursday, October 23rd. Finally, KeyCorp reaffirmed a “sector weight” rating on shares of Lennox International in a report on Thursday, October 23rd.

Insider Buying and Selling at Lennox International

In other news, CAO Chris Kosel sold 300 shares of the business’s stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $591.86, for a total value of $177,558.00. Following the completion of the sale, the chief accounting officer directly owned 1,282 shares in the company, valued at approximately $758,764.52. The trade was a 18.96% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Todd J. Teske sold 600 shares of Lennox International stock in a transaction that occurred on Tuesday, November 11th. The shares were sold at an average price of $491.85, for a total value of $295,110.00. Following the completion of the transaction, the director owned 7,581 shares of the company’s stock, valued at approximately $3,728,714.85. The trade was a 7.33% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 9.73% of the company’s stock.

Institutional Investors Weigh In On Lennox International

A number of large investors have recently added to or reduced their stakes in LII. United Services Automobile Association bought a new position in shares of Lennox International during the 1st quarter worth about $410,000. Achmea Investment Management B.V. grew its position in Lennox International by 2.8% during the second quarter. Achmea Investment Management B.V. now owns 93,893 shares of the construction company’s stock valued at $53,823,000 after buying an additional 2,555 shares during the period. AG2R LA Mondiale Gestion D Actifs purchased a new stake in Lennox International in the first quarter worth $1,389,000. Forsta AP Fonden raised its position in shares of Lennox International by 21.7% in the second quarter. Forsta AP Fonden now owns 21,300 shares of the construction company’s stock valued at $12,210,000 after purchasing an additional 3,800 shares during the period. Finally, Strs Ohio bought a new position in shares of Lennox International in the first quarter worth $1,419,000. Institutional investors own 67.07% of the company’s stock.

Lennox International Stock Down 1.2%

Lennox International stock opened at $470.85 on Friday. Lennox International has a one year low of $466.88 and a one year high of $689.44. The stock has a fifty day moving average of $522.25 and a 200 day moving average of $561.94. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.80 and a current ratio of 1.68. The stock has a market cap of $16.51 billion, a PE ratio of 19.88, a price-to-earnings-growth ratio of 1.89 and a beta of 1.10.

Lennox International (NYSE:LII) last announced its quarterly earnings data on Wednesday, October 22nd. The construction company reported $6.98 EPS for the quarter, beating the consensus estimate of $6.69 by $0.29. Lennox International had a return on equity of 91.96% and a net margin of 15.74%.The business had revenue of $1.43 billion for the quarter, compared to the consensus estimate of $1.54 billion. During the same period in the previous year, the business earned $6.68 earnings per share. The business’s revenue was down 4.8% on a year-over-year basis. Lennox International has set its FY 2025 guidance at 22.750-23.250 EPS. As a group, sell-side analysts predict that Lennox International will post 22.94 EPS for the current year.

Lennox International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th were given a $1.30 dividend. This represents a $5.20 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Tuesday, September 30th. Lennox International’s payout ratio is currently 21.95%.

About Lennox International

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.