Lennox International, Inc. (NYSE:LII – Get Free Report) has earned an average recommendation of “Hold” from the fifteen research firms that are presently covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have given a buy rating to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $556.5455.
Several analysts have issued reports on LII shares. Wells Fargo & Company upped their target price on Lennox International from $480.00 to $555.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 30th. Vertical Research raised shares of 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. Royal Bank Of Canada boosted their price objective on shares of Lennox International from $485.00 to $579.00 and gave the stock a “sector perform” rating in a report on Thursday, April 30th. Weiss Ratings raised shares of Lennox International from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, June 18th. Finally, BNP Paribas Exane initiated coverage on shares of Lennox International in a research note on Tuesday, April 14th. They issued a “neutral” rating and a $535.00 price objective for the company.
Check Out Our Latest Analysis on Lennox International
Lennox International Trading Up 0.9%
Lennox International (NYSE:LII – Get Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The construction company reported $3.35 EPS for the quarter, beating the consensus estimate of $3.16 by $0.19. The firm had revenue of $1.14 billion for the quarter, compared to analyst estimates of $1.07 billion. Lennox International had a return on equity of 73.27% and a net margin of 14.89%.The company’s revenue was up 5.8% on a year-over-year basis. During the same period in the prior year, the company earned $3.63 EPS. Lennox International has set its FY 2026 guidance at 23.500-25.000 EPS. Equities analysts anticipate that Lennox International will post 24.45 EPS for the current fiscal year.
Lennox International Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were paid a $1.36 dividend. 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 was Tuesday, June 30th. Lennox International’s payout ratio is presently 24.48%.
Insider Transactions at Lennox International
In other news, CAO Chris Kosel sold 971 shares of the firm’s stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $544.80, for a total transaction of $529,000.80. Following the transaction, the chief accounting officer directly owned 1,090 shares of the company’s stock, valued at approximately $593,832. This trade represents a 47.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 9.80% of the stock is currently owned by insiders.
Institutional Investors Weigh In On Lennox International
Hedge funds and other institutional investors have recently modified their holdings of the stock. Ameriprise Financial Inc. grew its holdings in shares of Lennox International by 296.0% in the second quarter. Ameriprise Financial Inc. now owns 71,815 shares of the construction company’s stock worth $41,168,000 after purchasing an additional 53,679 shares during the last quarter. Campbell Newman Asset Management Inc. bought a new stake in Lennox International during the 1st quarter valued at $17,555,000. SG Americas Securities LLC raised its holdings in Lennox International by 78.0% during the 1st quarter. SG Americas Securities LLC now owns 56,797 shares of the construction company’s stock valued at $26,361,000 after buying an additional 24,893 shares during the last quarter. Bank of New York Mellon Corp boosted its position in Lennox International by 10.2% during the 4th quarter. Bank of New York Mellon Corp now owns 203,539 shares of the construction company’s stock valued at $98,835,000 after buying an additional 18,901 shares during the period. Finally, Entropy Technologies LP boosted its position in Lennox International by 410.9% during the 1st quarter. Entropy Technologies LP now owns 19,278 shares of the construction company’s stock valued at $8,947,000 after buying an additional 15,505 shares during the period. Institutional investors own 67.07% of the company’s stock.
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.
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