Lennox International (NYSE:LII) Given New $480.00 Price Target at Wells Fargo & Company

Lennox International (NYSE:LII) had its price objective lowered by Wells Fargo & Company from $560.00 to $480.00 in a research note published on Wednesday,Benzinga reports. The brokerage currently has an equal weight rating on the construction company’s stock.

Other equities analysts have also issued research reports about the stock. UBS Group started coverage on shares of Lennox International in a research report on Monday, January 5th. They set a “neutral” rating and a $530.00 target price for the company. Weiss Ratings reissued a “hold (c+)” rating on shares of Lennox International in a research report on Thursday, January 22nd. Royal Bank Of Canada dropped their price target on shares of Lennox International from $563.00 to $534.00 and set a “sector perform” rating on the stock in a research note on Thursday, January 29th. Wall Street Zen raised shares of Lennox International from a “sell” rating to a “hold” rating in a report on Saturday, March 7th. Finally, William Blair reiterated an “outperform” rating on shares of Lennox International in a research note on Thursday, March 5th. Four analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $566.27.

Lennox International Stock Performance

Shares of LII opened at $465.04 on Wednesday. The firm has a market cap of $16.18 billion, a PE ratio of 20.91, a PEG ratio of 1.78 and a beta of 1.21. The stock’s fifty day moving average price is $514.12 and its two-hundred day moving average price is $509.91. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.60 and a quick ratio of 0.63. Lennox International has a 1 year low of $434.06 and a 1 year high of $689.44.

Lennox International (NYSE:LII) last posted its quarterly earnings results on Wednesday, January 28th. The construction company reported $4.45 earnings per share for the quarter, missing the consensus estimate of $4.76 by ($0.31). Lennox International had a return on equity of 80.23% and a net margin of 15.13%.The firm had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.27 billion. During the same quarter in the previous year, the company posted $5.60 EPS. The firm’s revenue was down 11.2% compared to the same quarter last year. Lennox International has set its FY 2026 guidance at 23.500-25.000 EPS. On average, equities research analysts forecast that Lennox International will post 22.94 EPS for the current year.

Lennox International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be issued a dividend of $1.30 per share. This represents a $5.20 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Tuesday, March 31st. Lennox International’s payout ratio is presently 23.38%.

Insider Activity

In other news, Director Todd J. Teske sold 700 shares of the stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $533.45, for a total value of $373,415.00. Following the sale, the director directly owned 6,881 shares of the company’s stock, valued at approximately $3,670,669.45. This represents a 9.23% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Shane D. Wall sold 100 shares of the firm’s stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $540.01, for a total transaction of $54,001.00. Following the completion of the transaction, the director owned 2,205 shares of the company’s stock, valued at $1,190,722.05. This trade represents a 4.34% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,054 shares of company stock worth $563,687 over the last ninety days. Company insiders own 9.73% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Root Financial Partners LLC purchased a new position in shares of Lennox International during the 3rd quarter valued at $28,000. Huntington National Bank raised its position in shares of Lennox International by 51.8% in the fourth quarter. Huntington National Bank now owns 85 shares of the construction company’s stock worth $41,000 after buying an additional 29 shares in the last quarter. Covestor Ltd raised its position in shares of Lennox International by 217.2% in the third quarter. Covestor Ltd now owns 92 shares of the construction company’s stock worth $48,000 after buying an additional 63 shares in the last quarter. MUFG Securities EMEA plc bought a new stake in Lennox International during the second quarter valued at $54,000. Finally, Bessemer Group Inc. boosted its stake in Lennox International by 52.8% during the third 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. 67.07% of the stock is 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.