Royal Bank Of Canada Cuts Lennox International (NYSE:LII) Price Target to $534.00

Lennox International (NYSE:LIIFree Report) had its price target lowered by Royal Bank Of Canada from $563.00 to $534.00 in a research note released on Thursday morning,Benzinga reports. The brokerage currently has a sector perform rating on the construction company’s stock.

Other equities research analysts have also recently issued research reports about the company. Weiss Ratings reissued a “hold (c+)” rating on shares of Lennox International in a report on Thursday, January 22nd. JPMorgan Chase & Co. upped their price objective on Lennox International from $493.00 to $541.00 and gave the company an “underweight” rating in a report on Friday, January 16th. UBS Group initiated coverage on Lennox International in a report on Monday, January 5th. They set a “neutral” rating and a $530.00 target price on the stock. Wolfe Research raised shares of Lennox International from an “underperform” rating to a “peer perform” rating in a report on Thursday, November 13th. Finally, Morgan Stanley reduced their price objective on shares of Lennox International from $535.00 to $475.00 and set an “underweight” rating for the company in a research report on Thursday, October 23rd. Four equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $595.08.

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Lennox International Price Performance

Shares of NYSE LII opened at $494.35 on Thursday. The stock has a market cap of $17.34 billion, a P/E ratio of 22.23, a P/E/G ratio of 1.89 and a beta of 1.18. The firm’s 50-day simple moving average is $502.88 and its 200 day simple moving average is $532.85. Lennox International has a fifty-two week low of $443.19 and a fifty-two week high of $689.44. The company has a quick ratio of 0.80, a current ratio of 1.60 and a debt-to-equity ratio of 0.98.

Lennox International (NYSE:LIIGet Free Report) last announced its earnings results on Wednesday, January 28th. The construction company reported $4.45 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.76 by ($0.31). Lennox International had a net margin of 15.13% and a return on equity of 80.23%. The company had revenue of $1.20 billion during the quarter, compared to the consensus estimate of $1.27 billion. During the same quarter in the prior year, the company earned $5.60 EPS. The business’s quarterly revenue was down 11.2% on a year-over-year basis. Lennox International has set its FY 2026 guidance at 23.500-25.000 EPS. Equities analysts expect that Lennox International will post 22.94 EPS for the current year.

Lennox International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Wednesday, December 31st were paid a $1.30 dividend. This represents a $5.20 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Wednesday, December 31st. Lennox International’s dividend payout ratio is currently 23.38%.

Insiders Place Their Bets

In other news, Director Todd J. Teske sold 600 shares of the company’s stock in a transaction dated Tuesday, November 11th. The stock was sold at an average price of $491.85, for a total value of $295,110.00. Following the transaction, the director owned 7,581 shares in the company, valued at $3,728,714.85. This represents a 7.33% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 9.73% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. AdvisorShares Investments LLC purchased a new stake in Lennox International in the 2nd quarter worth approximately $25,000. Root Financial Partners LLC acquired a new position in shares of Lennox International in the third quarter worth $28,000. Whittier Trust Co. raised its holdings in shares of Lennox International by 125.0% during the second quarter. Whittier Trust Co. now owns 81 shares of the construction company’s stock worth $46,000 after acquiring an additional 45 shares in the last quarter. Covestor Ltd boosted its position in Lennox International by 217.2% during the third quarter. Covestor Ltd now owns 92 shares of the construction company’s stock valued at $48,000 after purchasing an additional 63 shares during the last quarter. Finally, MUFG Securities EMEA plc purchased a new position in Lennox International in the second quarter valued at about $54,000. Institutional investors and hedge funds own 67.07% of the company’s stock.

Lennox International News Summary

Here are the key news stories impacting Lennox International this week:

Lennox International Company Profile

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Lennox International Inc is a global manufacturer of climate control products and services, principally serving residential and commercial heating, ventilation and air conditioning (HVAC) markets. The company designs, engineers and produces a range of products including furnaces, air conditioners, heat pumps, air handlers, packaged rooftop units and related controls and indoor air quality equipment. Lennox also supplies aftermarket parts and accessories and supports its product lines with technical service, training and warranty programs for dealer and distribution partners.

Originally founded in 1895 by Dave Lennox, the company has grown from its early roots into a multinational business with operations concentrated in North America and a presence in other international markets.

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Analyst Recommendations for Lennox International (NYSE:LII)

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