Wells Fargo & Company Lowers Lennox International (NYSE:LII) Price Target to $480.00

Lennox International (NYSE:LII) had its target price lowered by investment analysts at Wells Fargo & Company from $560.00 to $480.00 in a research note issued on Wednesday,Benzinga reports. The firm presently has an “equal weight” rating on the construction company’s stock. Wells Fargo & Company‘s price target would suggest a potential upside of 5.63% from the company’s previous close.

A number of other analysts have also commented on the stock. Barclays reduced their price target 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. Oppenheimer lifted their target price on shares of Lennox International from $630.00 to $645.00 and gave the stock an “outperform” rating in a research report on Thursday, March 5th. Royal Bank Of Canada decreased their target price on shares of Lennox International from $563.00 to $534.00 and set a “sector perform” rating for the company in a research note on Thursday, January 29th. UBS Group started coverage on Lennox International in a research note on Monday, January 5th. They issued a “neutral” rating and a $530.00 price target on the stock. Finally, JPMorgan Chase & Co. lifted their price objective on Lennox International from $493.00 to $541.00 and gave the stock an “underweight” rating in a report on Friday, January 16th. Four research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $566.27.

Lennox International Trading Down 2.2%

Shares of NYSE:LII opened at $454.43 on Wednesday. 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 has a 1 year low of $434.06 and a 1 year high of $689.44. The company has a market cap of $15.81 billion, a P/E ratio of 20.43, a PEG ratio of 1.78 and a beta of 1.21. The stock’s fifty day moving average price is $513.02 and its 200-day moving average price is $509.52.

Lennox International (NYSE:LII) last released 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). 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 during the quarter, compared to the consensus estimate of $1.27 billion. During the same quarter in the previous year, the business posted $5.60 earnings per share. Lennox International’s quarterly revenue was down 11.2% compared to the same quarter last year. Lennox International has set its FY 2026 guidance at 23.500-25.000 EPS. Sell-side analysts expect that Lennox International will post 22.94 earnings per share for the current year.

Insiders Place Their Bets

In related news, Director Todd J. Teske sold 700 shares of the firm’s stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $533.45, for a total value of $373,415.00. Following the transaction, the director directly owned 6,881 shares of the company’s stock, valued at approximately $3,670,669.45. This trade represents a 9.23% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Chris Kosel sold 254 shares of the business’s stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $536.50, for a total value of $136,271.00. Following the sale, the chief accounting officer directly owned 1,090 shares of the company’s stock, valued at $584,785. This represents a 18.90% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 1,054 shares of company stock worth $563,687. Company insiders own 9.73% of the company’s stock.

Institutional Investors Weigh In On Lennox International

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Pacer Advisors Inc. boosted its position in shares of Lennox International by 45.8% in the fourth quarter. Pacer Advisors Inc. now owns 6,667 shares of the construction company’s stock worth $3,237,000 after purchasing an additional 2,095 shares during the period. Jump Financial LLC purchased a new position in shares of Lennox International during the 4th quarter valued at $675,000. Quantitative Investment Management LLC boosted its holdings in Lennox International by 170.9% in the 4th quarter. Quantitative Investment Management LLC now owns 1,276 shares of the construction company’s stock worth $619,000 after buying an additional 805 shares during the period. Van ECK Associates Corp increased its stake in Lennox International by 10.3% in the 4th quarter. Van ECK Associates Corp now owns 7,776 shares of the construction company’s stock worth $3,776,000 after buying an additional 726 shares in the last quarter. Finally, Brown Brothers Harriman & Co. raised its holdings in Lennox International by 54.1% during the fourth quarter. Brown Brothers Harriman & Co. now owns 410 shares of the construction company’s stock valued at $199,000 after acquiring an additional 144 shares during the period. 67.07% of the stock is owned by hedge funds and other institutional investors.

About Lennox International

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.