Lennox International, Inc. (NYSE:LII) Given Average Recommendation of “Hold” by Analysts

Shares of Lennox International, Inc. (NYSE:LII) have received a consensus recommendation of “Hold” from the fifteen research firms that are presently covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and four have assigned a buy rating to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $579.6364.

A number of equities analysts have commented on the stock. Barclays reduced their target price on shares of Lennox International from $680.00 to $667.00 and set an “overweight” rating for the company in a research note on Wednesday, January 7th. Wells Fargo & Company raised their price objective on shares of Lennox International from $520.00 to $560.00 and gave the company an “equal weight” rating in a research report on Thursday, March 5th. Wall Street Zen upgraded Lennox International from a “sell” rating to a “hold” rating in a research report on Saturday, March 7th. UBS Group began coverage on Lennox International in a research note on Monday, January 5th. They set a “neutral” rating and a $530.00 target price for the company. Finally, Morgan Stanley reduced their price target on Lennox International from $475.00 to $450.00 and set an “underweight” rating for the company in a report on Monday, February 2nd.

Insider Activity

In other news, CAO Chris Kosel sold 254 shares of Lennox International stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $536.50, for a total transaction of $136,271.00. Following the completion of the transaction, the chief accounting officer owned 1,090 shares of the company’s stock, valued at $584,785. The trade was a 18.90% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Shane D. Wall sold 100 shares of the stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $540.01, for a total transaction of $54,001.00. Following the completion of the sale, the director owned 2,205 shares in the company, valued at $1,190,722.05. This represents a 4.34% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 1,054 shares of company stock worth $563,687 in the last 90 days. 9.73% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Lennox International

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Handelsbanken Fonder AB grew its holdings in shares of Lennox International by 11.7% during the second quarter. Handelsbanken Fonder AB now owns 6,700 shares of the construction company’s stock worth $3,841,000 after buying an additional 700 shares in the last quarter. Archer Investment Corp purchased a new stake in shares of Lennox International in the second quarter valued at $264,000. Mufg Securities Americas Inc. grew its position in shares of Lennox International by 24.9% in the second quarter. Mufg Securities Americas Inc. now owns 708 shares of the construction company’s stock valued at $406,000 after purchasing an additional 141 shares during the period. Rhumbline Advisers increased its stake in Lennox International by 4.0% in the second quarter. Rhumbline Advisers now owns 70,082 shares of the construction company’s stock valued at $40,174,000 after purchasing an additional 2,710 shares during the last quarter. Finally, New York State Common Retirement Fund lifted its position in Lennox International by 0.9% during the second quarter. New York State Common Retirement Fund now owns 45,813 shares of the construction company’s stock worth $26,262,000 after buying an additional 400 shares during the period. Hedge funds and other institutional investors own 67.07% of the company’s stock.

Lennox International Stock Performance

Shares of Lennox International stock opened at $468.37 on Friday. The firm’s fifty day simple moving average is $524.17 and its 200-day simple moving average is $515.77. Lennox International has a 12 month low of $443.19 and a 12 month high of $689.44. The stock has a market capitalization of $16.30 billion, a price-to-earnings ratio of 21.06, a PEG ratio of 1.83 and a beta of 1.16. 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 issued its quarterly earnings data on Wednesday, January 28th. The construction company reported $4.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.76 by ($0.31). Lennox International had a return on equity of 80.23% and a net margin of 15.13%.The business had revenue of $1.20 billion for the quarter, compared to analysts’ expectations of $1.27 billion. During the same period in the previous year, the business posted $5.60 earnings per share. The company’s revenue for the quarter was down 11.2% on a year-over-year basis. Lennox International has set its FY 2026 guidance at 23.500-25.000 EPS. As a group, equities analysts forecast that Lennox International will post 22.94 earnings per share for the current year.

Lennox International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be paid a dividend of $1.30 per share. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $5.20 dividend on an annualized basis and a dividend yield of 1.1%. Lennox International’s dividend payout ratio is 23.38%.

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.