Barclays Has Lowered Expectations for Lennox International (NYSE:LII) Stock Price

Lennox International (NYSE:LII) had its price objective dropped by analysts at Barclays from $667.00 to $600.00 in a research note issued on Wednesday,Benzinga reports. The firm currently has an “overweight” rating on the construction company’s stock. Barclays‘s target price indicates a potential upside of 32.03% from the company’s current price.

Several other equities analysts have also issued reports on LII. William Blair reissued an “outperform” rating on shares of Lennox International in a report on Thursday, March 5th. Morgan Stanley dropped their target price on Lennox International from $475.00 to $450.00 and set an “underweight” rating on the stock in a research report on Monday, February 2nd. Oppenheimer lifted their price target on Lennox International from $630.00 to $645.00 and gave the company an “outperform” rating in a report on Thursday, March 5th. UBS Group initiated coverage on Lennox International in a research report on Monday, January 5th. They issued a “neutral” rating and a $530.00 price target for the company. Finally, Royal Bank Of Canada decreased their price objective on Lennox International from $563.00 to $534.00 and set a “sector perform” rating for the company in a research note on Thursday, January 29th. Four investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $566.27.

Lennox International Stock Down 2.2%

NYSE:LII opened at $454.43 on Wednesday. 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. The company has a 50-day moving average of $513.02 and a 200 day moving average of $509.52. The firm has a market cap of $15.81 billion, a PE ratio of 20.43, a price-to-earnings-growth ratio of 1.78 and a beta of 1.21.

Lennox International (NYSE:LII) last posted its earnings results on Wednesday, January 28th. The construction company reported $4.45 EPS for the quarter, missing analysts’ consensus estimates of $4.76 by ($0.31). Lennox International had a net margin of 15.13% and a return on equity of 80.23%. The business had revenue of $1.20 billion for the quarter, compared to analysts’ expectations of $1.27 billion. During the same period last year, the business posted $5.60 EPS. The company’s revenue for the quarter was down 11.2% on a year-over-year basis. Lennox International has set its FY 2026 guidance at 23.500-25.000 EPS. As a group, research analysts anticipate that Lennox International will post 22.94 EPS for the current fiscal year.

Insiders Place Their Bets

In other Lennox International news, Director Shane D. Wall sold 100 shares of Lennox International stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $540.01, for a total value of $54,001.00. Following the transaction, the director directly owned 2,205 shares of the company’s stock, valued at approximately $1,190,722.05. The trade was a 4.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Chris Kosel sold 254 shares of the company’s stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $536.50, for a total value of $136,271.00. Following the transaction, the chief accounting officer directly owned 1,090 shares in the company, valued at approximately $584,785. The trade was a 18.90% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 1,054 shares of company stock valued at $563,687. 9.73% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Lennox International

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in LII. Root Financial Partners LLC acquired a new stake in Lennox International in the third quarter worth about $28,000. Huntington National Bank increased its holdings in shares of Lennox International by 51.8% during the fourth quarter. Huntington National Bank now owns 85 shares of the construction company’s stock valued at $41,000 after acquiring an additional 29 shares in the last quarter. Covestor Ltd raised its position in shares of Lennox International by 217.2% in the 3rd quarter. Covestor Ltd now owns 92 shares of the construction company’s stock valued at $48,000 after purchasing an additional 63 shares during the last quarter. MUFG Securities EMEA plc purchased a new position in shares of Lennox International in the 2nd quarter valued at approximately $54,000. Finally, Bessemer Group Inc. boosted its stake in Lennox International by 52.8% in the 3rd quarter. Bessemer Group Inc. now owns 110 shares of the construction company’s stock worth $59,000 after purchasing an additional 38 shares in the last quarter. 67.07% of the stock is currently owned by hedge funds and other institutional investors.

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.