Lennox International, Inc. (NYSE:LII) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Lennox International, Inc. (NYSE:LII) have received an average recommendation of “Hold” from the fifteen brokerages that are currently covering the firm, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have given a buy rating to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $598.50.

A number of research firms have recently commented on LII. Weiss Ratings lowered shares of Lennox International from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Saturday, October 25th. JPMorgan Chase & Co. cut their price target on shares of Lennox International from $501.00 to $493.00 and set an “underweight” rating on the stock in a research report on Thursday, October 23rd. Morgan Stanley decreased their price target on Lennox International from $535.00 to $475.00 and set an “underweight” rating for the company in a report on Thursday, October 23rd. Oppenheimer dropped their price objective on Lennox International from $730.00 to $675.00 and set an “outperform” rating on the stock in a research note on Wednesday, September 17th. Finally, Mizuho decreased their target price on Lennox International from $650.00 to $565.00 and set a “neutral” rating for the company in a research note on Friday, October 17th.

Insider Buying and Selling at Lennox International

In related news, Director Todd J. Teske sold 600 shares of the business’s stock in a transaction on Tuesday, November 11th. The shares were sold at an average price of $491.85, for a total transaction of $295,110.00. Following the transaction, the director owned 7,581 shares in the company, valued at $3,728,714.85. The trade was a 7.33% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 9.73% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Lennox International

Several institutional investors have recently made changes to their positions in the stock. Ameriprise Financial Inc. lifted its holdings in shares of Lennox International by 296.0% in the second quarter. Ameriprise Financial Inc. now owns 71,815 shares of the construction company’s stock valued at $41,168,000 after purchasing an additional 53,679 shares in the last quarter. Russell Investments Group Ltd. lifted its stake in Lennox International by 118.3% during the 1st quarter. Russell Investments Group Ltd. now owns 92,618 shares of the construction company’s stock valued at $51,932,000 after acquiring an additional 50,188 shares in the last quarter. Amundi lifted its stake in Lennox International by 33.1% during the 1st quarter. Amundi now owns 189,571 shares of the construction company’s stock valued at $103,661,000 after acquiring an additional 47,170 shares in the last quarter. Tudor Investment Corp ET AL purchased a new position in Lennox International during the 3rd quarter worth $20,847,000. Finally, SG Americas Securities LLC grew its stake in shares of Lennox International by 1,402.7% in the 2nd quarter. SG Americas Securities LLC now owns 31,783 shares of the construction company’s stock worth $18,219,000 after acquiring an additional 29,668 shares in the last quarter. Institutional investors and hedge funds own 67.07% of the company’s stock.

Lennox International Trading Up 1.2%

Shares of LII stock opened at $506.25 on Thursday. Lennox International has a 1-year low of $443.19 and a 1-year high of $689.44. The company has a current ratio of 1.68, a quick ratio of 0.80 and a debt-to-equity ratio of 0.78. The stock has a market cap of $17.75 billion, a price-to-earnings ratio of 21.37, a PEG ratio of 2.01 and a beta of 1.16. The stock has a 50-day moving average of $501.45 and a 200-day moving average of $550.03.

Lennox International (NYSE:LII) last posted its quarterly earnings data on Wednesday, October 22nd. The construction company reported $6.98 EPS for the quarter, topping analysts’ consensus estimates of $6.69 by $0.29. Lennox International had a return on equity of 91.96% and a net margin of 15.74%.The company had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.54 billion. During the same period in the previous year, the firm earned $6.68 earnings per share. The firm’s quarterly revenue was down 4.8% on a year-over-year basis. Lennox International has set its FY 2025 guidance at 22.750-23.250 EPS. On average, equities research analysts forecast that Lennox International will post 22.94 earnings per share for the current year.

Lennox International Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st will be given a dividend of $1.30 per share. The ex-dividend date of this dividend is Wednesday, December 31st. This represents a $5.20 annualized dividend and a dividend yield of 1.0%. Lennox International’s dividend payout ratio (DPR) is 21.95%.

Lennox International Company Profile

Lennox International Inc, together with its subsidiaries, designs, manufactures, and markets a range of products for the heating, ventilation, air conditioning, and refrigeration markets in the United States, Canada, and internationally. The Home Comfort Solutions segment provides furnaces, air conditioners, heat pumps, packaged heating and cooling systems, indoor air quality equipment, comfort control products, and replacement parts and supplies; residential heating, ventilation, cooling equipment, and air conditioning; and evaporator coils and unit heaters under Lennox, Dave Lennox Signature Collection, Armstrong Air, Ducane, AirEase, Concord, MagicPak, Advanced Distributor Products, Allied, Elite Series, Merit Series, Comfort Sync, Healthy Climate, iComfort, ComfortSense, and Lennox Stores name.