Lennox International (NYSE:LII) Price Target Raised to $541.00

Lennox International (NYSE:LII) had its price objective lifted by JPMorgan Chase & Co. from $493.00 to $541.00 in a research note published on Friday morning,Benzinga reports. JPMorgan Chase & Co. currently has an underweight rating on the construction company’s stock.

A number of other analysts have also recently commented on the company. Royal Bank Of Canada dropped their price target on Lennox International from $598.00 to $555.00 and set a “sector perform” rating on the stock in a research report on Thursday, October 23rd. Northcoast Research upgraded Lennox International from a “sell” rating to a “neutral” rating and set a $525.00 price objective for the company in a research note on Monday, October 27th. Barclays cut their target price on Lennox International from $680.00 to $667.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 7th. Wolfe Research upgraded Lennox International from an “underperform” rating to a “peer perform” rating in a report on Thursday, November 13th. Finally, Weiss Ratings lowered Lennox International from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Saturday, October 25th. Four investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, Lennox International presently has an average rating of “Hold” and an average target price of $597.25.

Lennox International Stock Up 0.9%

NYSE:LII opened at $526.86 on Friday. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.68 and a quick ratio of 0.80. The firm’s 50-day moving average price is $495.19 and its 200-day moving average price is $539.40. The company has a market capitalization of $18.48 billion, a PE ratio of 22.24, a P/E/G ratio of 1.97 and a beta of 1.18. Lennox International has a 1-year low of $443.19 and a 1-year high of $689.44.

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

Lennox International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Wednesday, December 31st were issued a $1.30 dividend. This represents a $5.20 annualized dividend and a yield of 1.0%. The ex-dividend date was Wednesday, December 31st. Lennox International’s dividend payout ratio (DPR) is presently 21.95%.

Insiders Place Their Bets

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

Institutional Trading of Lennox International

A number of large investors have recently made changes to their positions in LII. Eukles Asset Management lifted its position in Lennox International by 2.8% during the second quarter. Eukles Asset Management now owns 1,019 shares of the construction company’s stock valued at $584,000 after purchasing an additional 28 shares during the period. QV Investors Inc. raised its stake in Lennox International by 0.6% during the 2nd quarter. QV Investors Inc. now owns 5,089 shares of the construction company’s stock valued at $2,917,000 after buying an additional 30 shares during the last quarter. First Horizon Advisors Inc. lifted its holdings in shares of Lennox International by 52.9% during the 2nd quarter. First Horizon Advisors Inc. now owns 107 shares of the construction company’s stock valued at $61,000 after buying an additional 37 shares during the period. Bessemer Group Inc. lifted its holdings in shares of Lennox International by 52.8% during the 3rd quarter. Bessemer Group Inc. now owns 110 shares of the construction company’s stock valued at $59,000 after buying an additional 38 shares during the period. Finally, AdvisorShares Investments LLC purchased a new position in shares of Lennox International in the 2nd quarter worth $25,000. 67.07% of the stock is currently owned by institutional investors.

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.