Lennox International, Inc. (NYSE:LII)‘s stock had its “hold” rating reiterated by stock analysts at Stifel Nicolaus in a research report issued on Thursday. They currently have a $187.00 price objective on the construction company’s stock. Stifel Nicolaus’ target price would suggest a potential upside of 3.20% from the stock’s previous close.

Several other research firms have also recently issued reports on LII. Wells Fargo & Company reiterated a “market perform” rating and issued a $190.00 price objective (up from $162.50) on shares of Lennox International in a report on Friday, July 7th. BidaskClub cut shares of Lennox International from a “hold” rating to a “sell” rating in a report on Friday, July 28th. UBS AG increased their price objective on shares of Lennox International from $170.00 to $175.00 and gave the company a “neutral” rating in a report on Wednesday, July 26th. Cowen and Company reiterated a “buy” rating on shares of Lennox International in a report on Monday, July 24th. Finally, Wolfe Research initiated coverage on shares of Lennox International in a report on Tuesday, July 11th. They issued a “market perform” rating for the company. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $181.50.

Lennox International (NYSE:LII) traded up 0.07% during midday trading on Thursday, hitting $181.21. 236,685 shares of the stock were exchanged. The stock has a market cap of $7.64 billion, a price-to-earnings ratio of 26.10 and a beta of 1.15. Lennox International has a 52 week low of $140.97 and a 52 week high of $192.58. The firm’s 50-day moving average is $172.27 and its 200 day moving average is $173.69.

Lennox International (NYSE:LII) last posted its quarterly earnings data on Monday, July 24th. The construction company reported $2.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.76 by $0.07. The business had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $1.09 billion. Lennox International had a net margin of 7.92% and a return on equity of 1,821.73%. The business’s revenue was up 8.1% on a year-over-year basis. During the same period last year, the firm posted $2.53 earnings per share. Equities research analysts expect that Lennox International will post $7.87 EPS for the current fiscal year.

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In related news, VP Chris Kosel sold 357 shares of the stock in a transaction that occurred on Monday, August 7th. The shares were sold at an average price of $173.51, for a total transaction of $61,943.07. Following the completion of the sale, the vice president now directly owns 1,379 shares of the company’s stock, valued at $239,270.29. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Chairman Todd M. Bluedorn sold 11,387 shares of the stock in a transaction that occurred on Tuesday, August 1st. The shares were sold at an average price of $170.75, for a total transaction of $1,944,330.25. Following the sale, the chairman now directly owns 181,410 shares of the company’s stock, valued at $30,975,757.50. The disclosure for this sale can be found here. Over the last three months, insiders have sold 14,216 shares of company stock valued at $2,431,048. Company insiders own 3.90% of the company’s stock.

A number of hedge funds have recently added to or reduced their stakes in the stock. State Street Corp lifted its stake in Lennox International by 10.2% during the second quarter. State Street Corp now owns 1,383,849 shares of the construction company’s stock valued at $254,122,000 after purchasing an additional 128,170 shares during the last quarter. Schroder Investment Management Group lifted its stake in Lennox International by 0.5% during the second quarter. Schroder Investment Management Group now owns 466,111 shares of the construction company’s stock valued at $85,504,000 after purchasing an additional 2,333 shares during the last quarter. Congress Asset Management Co. MA lifted its stake in Lennox International by 7.6% during the second quarter. Congress Asset Management Co. MA now owns 448,335 shares of the construction company’s stock valued at $82,332,000 after purchasing an additional 31,840 shares during the last quarter. Geode Capital Management LLC lifted its stake in Lennox International by 9.1% during the first quarter. Geode Capital Management LLC now owns 288,838 shares of the construction company’s stock valued at $48,322,000 after purchasing an additional 23,973 shares during the last quarter. Finally, TIAA CREF Investment Management LLC lifted its stake in Lennox International by 2.1% during the second quarter. TIAA CREF Investment Management LLC now owns 151,399 shares of the construction company’s stock valued at $27,803,000 after purchasing an additional 3,087 shares during the last quarter. 68.33% of the stock is owned by institutional investors and hedge funds.

About Lennox International

Lennox International Inc is a provider of climate control solutions. The Company designs, manufactures and markets a range of products for the heating, ventilation, air conditioning and refrigeration (HVACR) markets. It operates through three segments: Residential Heating & Cooling; Commercial Heating & Cooling, and Refrigeration.

Analyst Recommendations for Lennox International (NYSE:LII)

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