Lennox International (NYSE:LII) Shares Cross Above 200 Day Moving Average – Here’s Why

Lennox International, Inc. (NYSE:LII)’s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $512.53 and traded as high as $566.03. Lennox International shares last traded at $557.4560, with a volume of 391,302 shares changing hands.

Analysts Set New Price Targets

A number of research firms have commented on LII. Weiss Ratings raised shares of Lennox International from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, June 18th. Vertical Research upgraded Lennox International from a “hold” rating to a “buy” rating and set a $600.00 price target on the stock in a research note on Thursday, April 30th. BNP Paribas Exane started coverage on Lennox International in a report on Tuesday, April 14th. They issued a “neutral” rating and a $535.00 price objective for the company. Barclays lowered their target price on Lennox International from $600.00 to $597.00 and set an “overweight” rating on the stock in a report on Thursday, April 30th. Finally, Wells Fargo & Company raised their target price on Lennox International from $480.00 to $555.00 and gave the stock an “equal weight” rating in a research report on Thursday, April 30th. Four research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $565.83.

Lennox International Stock Down 1.9%

The company’s 50-day simple moving average is $522.79 and its two-hundred day simple moving average is $512.53. The firm has a market capitalization of $19.40 billion, a P/E ratio of 25.09, a P/E/G ratio of 2.16 and a beta of 1.16. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.57 and a quick ratio of 0.64.

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 analysts’ consensus estimates of $3.16 by $0.19. The firm had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.07 billion. Lennox International had a net margin of 14.89% and a return on equity of 73.27%. The company’s revenue for the quarter was up 5.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.63 EPS. Lennox International has set its FY 2026 guidance at 23.500-25.000 EPS. As a group, research analysts expect that Lennox International, Inc. will post 24.43 earnings per share for the current year.

Lennox International Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be issued a dividend of $1.36 per share. This is a boost from Lennox International’s previous quarterly dividend of $1.30. This represents a $5.44 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Tuesday, June 30th. Lennox International’s dividend payout ratio is presently 24.48%.

Insider Buying and Selling

In other Lennox International news, CAO Chris Kosel sold 971 shares of the company’s stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $544.80, for a total value 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. This represents a 47.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 9.80% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in LII. Root Financial Partners LLC increased its holdings in Lennox International by 137.9% in the 1st quarter. Root Financial Partners LLC now owns 69 shares of the construction company’s stock worth $32,000 after acquiring an additional 40 shares in the last quarter. Huntington National Bank lifted its holdings in 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 purchasing an additional 29 shares in the last quarter. MUFG Securities EMEA plc bought a new position in shares of Lennox International in the second quarter worth approximately $54,000. Torren Management LLC bought a new position in shares of Lennox International in the fourth quarter worth approximately $70,000. Finally, Oslo Pensjonsforsikring AS purchased a new stake in shares of Lennox International in the first quarter worth $118,000. 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.