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

Lennox International, Inc. (NYSE:LII) has received an average rating of “Hold” from the fifteen brokerages that are currently covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, nine have given a hold recommendation and four have given a buy recommendation to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $596.8333.

A number of brokerages have recently commented on LII. Barclays cut their price objective on Lennox International from $700.00 to $680.00 and set an “overweight” rating for the company in a research report on Thursday, December 11th. KeyCorp reiterated a “sector weight” rating on shares of Lennox International in a research report on Thursday, October 23rd. Oppenheimer cut their price objective on Lennox International from $730.00 to $675.00 and set an “outperform” rating on the stock in a report on Wednesday, September 17th. Wells Fargo & Company decreased their target price on shares of Lennox International from $545.00 to $525.00 and set an “equal weight” rating for the company in a report on Thursday, December 4th. Finally, Northcoast Research upgraded shares of Lennox International from a “sell” rating to a “neutral” rating and set a $525.00 price target on the stock in a report on Monday, October 27th.

Insider Buying and Selling at Lennox International

In related news, Director Todd J. Teske sold 600 shares of the company’s stock in a transaction on Tuesday, November 11th. The stock was sold at an average price of $491.85, for a total transaction of $295,110.00. Following the transaction, the director directly owned 7,581 shares of the company’s stock, valued at approximately $3,728,714.85. The trade was a 7.33% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 10.40% of the company’s stock.

Institutional Investors Weigh In On Lennox International

A number of institutional investors have recently bought and sold shares of the business. Eukles Asset Management raised its holdings in Lennox International by 2.8% in the 2nd quarter. Eukles Asset Management now owns 1,019 shares of the construction company’s stock valued at $584,000 after acquiring an additional 28 shares in the last quarter. QV Investors Inc. increased its position in shares of Lennox International by 0.6% during the second quarter. QV Investors Inc. now owns 5,089 shares of the construction company’s stock valued at $2,917,000 after purchasing an additional 30 shares during the period. First Horizon Advisors Inc. increased its position in shares of Lennox International by 52.9% during the second quarter. First Horizon Advisors Inc. now owns 107 shares of the construction company’s stock valued at $61,000 after purchasing an additional 37 shares during the period. Bessemer Group Inc. raised its stake in shares of Lennox International by 52.8% in the third quarter. Bessemer Group Inc. now owns 110 shares of the construction company’s stock valued at $59,000 after purchasing an additional 38 shares in the last quarter. Finally, AdvisorShares Investments LLC bought a new position in Lennox International in the second quarter worth $25,000. 67.07% of the stock is currently owned by institutional investors and hedge funds.

Lennox International Stock Performance

NYSE:LII opened at $498.76 on Monday. The company has a 50-day moving average of $489.91 and a 200-day moving average of $542.85. The firm has a market cap of $17.49 billion, a price-to-earnings ratio of 21.05, a price-to-earnings-growth ratio of 1.85 and a beta of 1.18. The company has a current ratio of 1.68, a quick ratio of 0.80 and a debt-to-equity ratio of 0.78. Lennox International has a twelve month low of $443.19 and a twelve month high of $689.44.

Lennox International (NYSE:LII) last released its earnings results 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 net margin of 15.74% and a return on equity of 91.96%. The business had revenue of $1.43 billion for the quarter, compared to the consensus estimate of $1.54 billion. During the same period in the previous year, the firm earned $6.68 EPS. The business’s revenue for the quarter was down 4.8% on a year-over-year basis. Lennox International has set its FY 2025 guidance at 22.750-23.250 EPS. Analysts forecast that Lennox International will post 22.94 earnings per share for the current fiscal year.

Lennox International Announces Dividend

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

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.