Barclays Lowers Lennox International (NYSE:LII) Price Target to $667.00

Lennox International (NYSE:LII) had its target price lowered by research analysts at Barclays from $680.00 to $667.00 in a report issued on Wednesday,Benzinga reports. The brokerage presently has an “overweight” rating on the construction company’s stock. Barclays‘s price target indicates a potential upside of 29.09% from the company’s current price.

Several other brokerages have also commented on LII. Royal Bank Of Canada lowered their price objective on Lennox International from $598.00 to $555.00 and set a “sector perform” rating for the company in a research report on Thursday, October 23rd. Wells Fargo & Company decreased their price target on shares of Lennox International from $545.00 to $525.00 and set an “equal weight” rating for the company in a research note on Thursday, December 4th. Oppenheimer lowered their price target on shares of Lennox International from $730.00 to $675.00 and set an “outperform” rating for the company in a research report on Wednesday, September 17th. Weiss Ratings cut shares of Lennox International from a “buy (b-)” rating to a “hold (c+)” rating in a report on Saturday, October 25th. Finally, KeyCorp reaffirmed a “sector weight” rating on shares of Lennox International in a research note on Thursday, October 23rd. Four equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Lennox International currently has a consensus rating of “Hold” and an average price target of $593.25.

Lennox International Stock Performance

Shares of LII opened at $516.68 on Wednesday. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.68 and a quick ratio of 0.80. Lennox International has a one year low of $443.19 and a one year high of $689.44. The company has a 50-day simple moving average of $491.05 and a two-hundred day simple moving average of $541.89. The firm has a market capitalization of $18.12 billion, a PE ratio of 21.81, a price-to-earnings-growth ratio of 1.88 and a beta of 1.18.

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

Insiders Place Their Bets

In other news, Director Todd J. Teske sold 600 shares of the 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 $3,728,714.85. This represents a 7.33% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 9.73% of the company’s stock.

Institutional Trading of Lennox International

Large investors have recently modified their holdings of the company. United Services Automobile Association bought a new position in Lennox International in the first quarter valued at about $410,000. Strs Ohio purchased a new stake in shares of Lennox International during the 1st quarter valued at about $1,419,000. AG2R LA Mondiale Gestion D Actifs purchased a new stake in shares of Lennox International during the 1st quarter valued at about $1,389,000. Thurston Springer Miller Herd & Titak Inc. lifted its stake in shares of Lennox International by 175.9% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 80 shares of the construction company’s stock worth $46,000 after purchasing an additional 51 shares during the period. Finally, Farther Finance Advisors LLC boosted its holdings in shares of Lennox International by 8.3% in the second quarter. Farther Finance Advisors LLC now owns 624 shares of the construction company’s stock worth $358,000 after buying an additional 48 shares during the last quarter. Institutional investors own 67.07% of the company’s stock.

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.