Lennox International (NYSE:LII)‘s stock had its “hold” rating reaffirmed by Stifel Nicolaus in a report released on Monday. They currently have a $207.00 price objective on the construction company’s stock, up from their prior price objective of $193.00. Stifel Nicolaus’ target price suggests a potential upside of 0.30% from the company’s previous close.

Several other research firms also recently issued reports on LII. Cowen restated a “buy” rating and set a $210.00 price objective on shares of Lennox International in a report on Wednesday, November 29th. Robert W. Baird restated a “buy” rating on shares of Lennox International in a report on Tuesday, October 24th. Morgan Stanley upped their target price on Lennox International from $166.00 to $169.00 and gave the company an “underweight” rating in a research report on Tuesday, October 24th. Credit Suisse Group reiterated a “neutral” rating and issued a $180.00 target price (up previously from $171.00) on shares of Lennox International in a research report on Tuesday, October 24th. Finally, Wells Fargo & Company upped their target price on Lennox International from $190.00 to $193.00 and gave the company a “market perform” rating in a research report on Friday, October 6th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the company’s stock. Lennox International has an average rating of “Hold” and a consensus price target of $186.67.

Lennox International (NYSE LII) opened at $206.39 on Monday. Lennox International has a fifty-two week low of $147.54 and a fifty-two week high of $213.78. The company has a current ratio of 1.24, a quick ratio of 0.72 and a debt-to-equity ratio of 23.87. The stock has a market cap of $8,633.82, a PE ratio of 26.63, a PEG ratio of 1.31 and a beta of 1.22.

Lennox International (NYSE:LII) last posted its quarterly earnings data on Monday, October 23rd. The construction company reported $2.53 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $2.44 by $0.09. Lennox International had a net margin of 7.88% and a return on equity of 1,657.93%. The firm had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $1.04 billion. During the same quarter in the prior year, the company posted $2.33 earnings per share. The company’s revenue for the quarter was up 4.0% compared to the same quarter last year. sell-side analysts forecast that Lennox International will post 7.92 EPS for the current year.

In related news, insider Gary S. Bedard sold 369 shares of the company’s stock in a transaction that occurred on Thursday, November 30th. The stock was sold at an average price of $204.47, for a total value of $75,449.43. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, Director Paul W. Schmidt sold 750 shares of the company’s stock in a transaction that occurred on Wednesday, October 25th. The shares were sold at an average price of $193.46, for a total value of $145,095.00. Following the completion of the sale, the director now owns 2,689 shares in the company, valued at approximately $520,213.94. The disclosure for this sale can be found here. In the last quarter, insiders sold 16,781 shares of company stock worth $3,257,758. 3.90% of the stock is owned by insiders.

A number of institutional investors have recently added to or reduced their stakes in the business. YorkBridge Wealth Partners LLC boosted its position in Lennox International by 4.5% in the 2nd quarter. YorkBridge Wealth Partners LLC now owns 648 shares of the construction company’s stock worth $119,000 after purchasing an additional 28 shares in the last quarter. Arizona State Retirement System boosted its position in Lennox International by 0.6% in the 2nd quarter. Arizona State Retirement System now owns 16,200 shares of the construction company’s stock worth $2,975,000 after purchasing an additional 100 shares in the last quarter. Dorsey Wright & Associates boosted its position in Lennox International by 0.5% in the 2nd quarter. Dorsey Wright & Associates now owns 21,830 shares of the construction company’s stock worth $4,009,000 after purchasing an additional 116 shares in the last quarter. Acrospire Investment Management LLC boosted its position in Lennox International by 114.1% in the 2nd quarter. Acrospire Investment Management LLC now owns 563 shares of the construction company’s stock worth $103,000 after purchasing an additional 300 shares in the last quarter. Finally, Donaldson Capital Management LLC boosted its position in Lennox International by 2.3% in the 3rd quarter. Donaldson Capital Management LLC now owns 18,876 shares of the construction company’s stock worth $3,378,000 after purchasing an additional 430 shares in the last quarter. Institutional investors and hedge funds own 68.90% of the company’s stock.

TRADEMARK VIOLATION WARNING: This article was published by American Banking News and is owned by of American Banking News. If you are viewing this article on another domain, it was stolen and republished in violation of U.S. and international trademark & copyright law. The original version of this article can be viewed at https://www.americanbankingnews.com/2017/12/11/stifel-nicolaus-reiterates-hold-rating-for-lennox-international-lii.html.

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)

Receive News & Ratings for Lennox International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lennox International and related companies with MarketBeat.com's FREE daily email newsletter.