Lennox International, Inc. (NYSE:LII) Given Average Recommendation of “Hold” by Brokerages

Shares of Lennox International, Inc. (NYSE:LII) have been given a consensus rating of “Hold” by the seventeen brokerages that are presently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a sell recommendation, ten have given a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $575.4615.

Several brokerages have issued reports on LII. Weiss Ratings upgraded Lennox International from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, June 18th. Royal Bank Of Canada lifted their price objective on Lennox International from $485.00 to $579.00 and gave the company a “sector perform” rating in a research report on Thursday, April 30th. Barclays cut their price objective on Lennox International from $600.00 to $597.00 and set an “overweight” rating for the company in a research report on Thursday, April 30th. William Blair reiterated an “outperform” rating on shares of Lennox International in a research report on Thursday, March 5th. Finally, Wall Street Zen upgraded Lennox International from a “sell” rating to a “hold” rating in a research report on Saturday, March 7th.

Lennox International Trading Up 0.1%

Shares of LII opened at $564.51 on Monday. The stock has a fifty day moving average price of $511.68 and a two-hundred day moving average price of $509.18. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.64 and a current ratio of 1.57. Lennox International has a 52-week low of $434.06 and a 52-week high of $689.44. The company has a market cap of $19.65 billion, a price-to-earnings ratio of 25.41, a PEG ratio of 2.16 and a beta of 1.18.

Lennox International (NYSE:LII) last issued its quarterly earnings data on Wednesday, April 29th. The construction company reported $3.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.16 by $0.19. Lennox International had a return on equity of 73.27% and a net margin of 14.89%.The firm had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.07 billion. During the same quarter in the previous year, the company posted $3.63 EPS. The business’s revenue for the quarter was up 5.8% compared to the same quarter last year. Lennox International has set its FY 2026 guidance at 23.500-25.000 EPS. Analysts predict that Lennox International will post 24.35 EPS for the current fiscal year.

Lennox International Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be given a dividend of $1.36 per share. The ex-dividend date is Tuesday, June 30th. This is an increase from Lennox International’s previous quarterly dividend of $1.30. This represents a $5.44 dividend on an annualized basis and a dividend yield of 1.0%. Lennox International’s dividend payout ratio is presently 23.40%.

Insider Buying and Selling at Lennox International

In other news, CAO Chris Kosel sold 971 shares of the business’s stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $544.80, for a total transaction of $529,000.80. Following the completion of the sale, the chief accounting officer owned 1,090 shares in the company, valued at $593,832. The trade was a 47.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 9.80% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Lennox International

A number of institutional investors and hedge funds have recently made changes to their positions in LII. Ameriprise Financial Inc. raised its position in shares of Lennox International by 296.0% during the second quarter. Ameriprise Financial Inc. now owns 71,815 shares of the construction company’s stock worth $41,168,000 after acquiring an additional 53,679 shares during the last quarter. Tudor Investment Corp ET AL bought a new stake in shares of Lennox International during the third quarter worth $20,847,000. Campbell Newman Asset Management Inc. bought a new stake in shares of Lennox International during the first quarter worth $17,555,000. SG Americas Securities LLC raised its position in shares of Lennox International by 78.0% during the first quarter. SG Americas Securities LLC now owns 56,797 shares of the construction company’s stock worth $26,361,000 after acquiring an additional 24,893 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its position in shares of Lennox International by 10.2% during the fourth quarter. Bank of New York Mellon Corp now owns 203,539 shares of the construction company’s stock worth $98,835,000 after acquiring an additional 18,901 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.