Lennox International (NYSE:LII) Price Target Raised to $541.00 at JPMorgan Chase & Co.

Lennox International (NYSE:LII) had its target price lifted by JPMorgan Chase & Co. from $493.00 to $541.00 in a research report issued on Friday,Benzinga reports. The brokerage currently has an “underweight” rating on the construction company’s stock. JPMorgan Chase & Co.‘s price objective indicates a potential upside of 3.14% from the company’s previous close.

Several other equities research analysts also recently commented on the company. UBS Group started coverage on Lennox International in a report on Monday, January 5th. They set a “neutral” rating and a $530.00 target price for the company. Northcoast Research upgraded Lennox International from a “sell” rating to a “neutral” rating and set a $525.00 price objective on the stock in a report on Monday, October 27th. KeyCorp reiterated a “sector weight” rating on shares of Lennox International in a report on Thursday, October 23rd. Royal Bank Of Canada dropped their target price on shares of Lennox International from $598.00 to $555.00 and set a “sector perform” rating on the stock in a research report on Thursday, October 23rd. Finally, Weiss Ratings lowered shares of Lennox International from a “buy (b-)” rating to a “hold (c+)” rating in a report on Saturday, October 25th. Four research 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’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $597.25.

Lennox International Price Performance

Shares of NYSE LII traded up $2.21 during midday trading on Friday, reaching $524.54. The company’s stock had a trading volume of 58,355 shares, compared to its average volume of 325,359. Lennox International has a one year low of $443.19 and a one year high of $689.44. The company has a market cap of $18.40 billion, a price-to-earnings ratio of 22.13, a price-to-earnings-growth ratio of 1.97 and a beta of 1.18. The company has a 50 day moving average price of $494.49 and a 200 day moving average price of $540.58. The company has a current ratio of 1.68, a quick ratio of 0.80 and a debt-to-equity ratio of 0.78.

Lennox International (NYSE:LII) last posted its quarterly earnings results on Wednesday, October 22nd. The construction company reported $6.98 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.69 by $0.29. Lennox International had a net margin of 15.74% and a return on equity of 91.96%. The firm had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.54 billion. During the same quarter in the previous year, the business posted $6.68 earnings per share. The firm’s quarterly revenue was down 4.8% compared to the same quarter last year. Lennox International has set its FY 2025 guidance at 22.750-23.250 EPS. On average, equities research analysts expect that Lennox International will post 22.94 EPS for the current year.

Insider Buying and Selling

In related news, Director Todd J. Teske sold 600 shares of the business’s stock in a transaction that occurred on Tuesday, November 11th. The shares were sold at an average price of $491.85, for a total transaction of $295,110.00. Following the transaction, the director directly owned 7,581 shares of the company’s stock, valued at approximately $3,728,714.85. The trade was a 7.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 9.73% of the company’s stock.

Institutional Investors Weigh In On Lennox International

A number of institutional investors have recently modified their holdings of LII. Achmea Investment Management B.V. grew its holdings in shares of Lennox International by 2.8% during the 2nd quarter. Achmea Investment Management B.V. now owns 93,893 shares of the construction company’s stock valued at $53,823,000 after acquiring an additional 2,555 shares in the last quarter. Ameriprise Financial Inc. boosted its position in Lennox International by 18.5% during the third quarter. Ameriprise Financial Inc. now owns 85,096 shares of the construction company’s stock valued at $45,043,000 after purchasing an additional 13,281 shares during the last quarter. Rhumbline Advisers boosted its position in Lennox International by 4.0% during the second quarter. Rhumbline Advisers now owns 70,082 shares of the construction company’s stock valued at $40,174,000 after purchasing an additional 2,710 shares during the last quarter. BNP Paribas Financial Markets grew its stake in Lennox International by 3.5% in the third quarter. BNP Paribas Financial Markets now owns 67,766 shares of the construction company’s stock valued at $35,873,000 after purchasing an additional 2,276 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. increased its position in Lennox International by 0.7% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 66,080 shares of the construction company’s stock worth $34,980,000 after purchasing an additional 488 shares during the last quarter. Institutional investors and hedge funds 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.