Lennox International (NYSE:LII) Price Target Cut to $450.00 by Analysts at Morgan Stanley

Lennox International (NYSE:LII) had its price objective reduced by Morgan Stanley from $475.00 to $450.00 in a research report sent to investors on Monday morning,Benzinga reports. They currently have an underweight rating on the construction company’s stock.

Other analysts have also issued reports about the company. Royal Bank Of Canada dropped their target price on Lennox International from $563.00 to $534.00 and set a “sector perform” rating on the stock in a report on Thursday, January 29th. Mizuho lowered their price objective on Lennox International from $650.00 to $565.00 and set a “neutral” rating on the stock in a research report on Friday, October 17th. Barclays cut their target price on shares of Lennox International from $680.00 to $667.00 and set an “overweight” rating for the company in a report on Wednesday, January 7th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Lennox International in a research note on Thursday, January 22nd. Finally, Wolfe Research upgraded shares of Lennox International from an “underperform” rating to a “peer perform” rating in a research report on Thursday, November 13th. Four analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $593.00.

Lennox International Stock Performance

LII stock opened at $495.18 on Monday. The stock’s fifty day moving average price is $503.48 and its 200-day moving average price is $531.57. The company has a market cap of $17.37 billion, a P/E ratio of 22.27, a price-to-earnings-growth ratio of 1.89 and a beta of 1.18. Lennox International has a 1 year low of $443.19 and a 1 year high of $689.44. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.60 and a quick ratio of 0.63.

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

Lennox International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were paid a dividend of $1.30 per share. This represents a $5.20 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date was Wednesday, December 31st. Lennox International’s dividend payout ratio is 23.38%.

Insider Transactions at Lennox International

In other news, Director Todd J. Teske sold 600 shares of the 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 approximately $3,728,714.85. This represents a 7.33% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 10.40% of the stock is owned by company insiders.

Hedge Funds Weigh In On Lennox International

Hedge funds have recently bought and sold shares of the company. Achmea Investment Management B.V. increased its stake in shares of Lennox International by 2.8% in the second quarter. Achmea Investment Management B.V. now owns 93,893 shares of the construction company’s stock worth $53,823,000 after buying an additional 2,555 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in Lennox International by 18.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 85,096 shares of the construction company’s stock worth $45,043,000 after acquiring an additional 13,281 shares in the last quarter. Rhumbline Advisers increased its position in shares of Lennox International by 4.0% in the 2nd quarter. Rhumbline Advisers now owns 70,082 shares of the construction company’s stock worth $40,174,000 after purchasing an additional 2,710 shares during the last quarter. BNP Paribas Financial Markets raised its stake in shares of Lennox International by 3.5% in the 3rd quarter. BNP Paribas Financial Markets now owns 67,766 shares of the construction company’s stock valued at $35,873,000 after purchasing an additional 2,276 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. raised its stake in shares of Lennox International by 0.7% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 66,080 shares of the construction company’s stock valued at $34,980,000 after purchasing an additional 488 shares in the last quarter. 67.07% of the stock is owned by hedge funds and other institutional investors.

Lennox International Company Profile

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.