Shares of Lennox International, Inc. (NYSE:LII – Get Free Report) have received an average rating of “Hold” from the seventeen brokerages that are covering the stock, MarketBeat.com reports. Two investment 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 updated their coverage on the stock in the last year is $575.4615.
Several analysts have recently weighed in on the company. Weiss Ratings reissued a “hold (c+)” rating on shares of Lennox International in a report on Thursday, January 22nd. Wells Fargo & Company boosted their price target on Lennox International from $480.00 to $555.00 and gave the company an “equal weight” rating in a research note on Thursday, April 30th. Morgan Stanley reduced their price objective on Lennox International from $475.00 to $450.00 and set an “underweight” rating on the stock in a research note on Monday, February 2nd. Royal Bank Of Canada boosted their price objective on Lennox International from $485.00 to $579.00 and gave the stock a “sector perform” rating in a research note on Thursday, April 30th. Finally, JPMorgan Chase & Co. boosted their target price on Lennox International from $493.00 to $541.00 and gave the stock an “underweight” rating in a research report on Friday, January 16th.
View Our Latest Report on Lennox International
Lennox International Stock Performance
Lennox International (NYSE:LII – Get Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The construction company reported $3.35 EPS for the quarter, topping the consensus estimate of $3.16 by $0.19. The company had revenue of $1.14 billion for the quarter, compared to the consensus estimate 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 for the quarter was up 5.8% on a year-over-year basis. During the same period in the previous year, the business posted $3.63 EPS. Lennox International has set its FY 2026 guidance at 23.500-25.000 EPS. On average, equities analysts expect that Lennox International will post 24.28 EPS for the current year.
Lennox International Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were issued a $1.30 dividend. This represents a $5.20 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date was Tuesday, March 31st. Lennox International’s dividend payout ratio is currently 23.40%.
Insider Transactions at Lennox International
In other Lennox International news, CAO Chris Kosel sold 971 shares of the 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 directly 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 legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Shane D. Wall sold 100 shares of the stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $540.01, for a total value of $54,001.00. Following the completion of the sale, the director owned 2,205 shares of the company’s stock, valued at $1,190,722.05. This trade represents a 4.34% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 9.80% of the company’s stock.
Institutional Investors Weigh In On Lennox International
Several large investors have recently modified their holdings of the business. Root Financial Partners LLC acquired a new position in shares of Lennox International during the third quarter worth about $28,000. Huntington National Bank boosted its position 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 during the last quarter. Covestor Ltd boosted its position in Lennox International by 217.2% during the third 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 bought a new stake in Lennox International in the second quarter valued at approximately $54,000. Finally, Bessemer Group Inc. raised its stake in Lennox International by 52.8% in the third quarter. Bessemer Group Inc. now owns 110 shares of the construction company’s stock valued at $59,000 after buying an additional 38 shares during the period. 67.07% of the stock is currently owned by 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.
Featured Articles
- Five stocks we like better than Lennox International
- YETI Rallies After Earnings Beat and Raised Outlook
- How the 3 Leading Quantum Firms Stack Up After Q1 Earnings
- Cisco’s Vertical Rally May Still Be in the Early Innings
- Amazon vs. Alibaba: One Is Clearly The Better Value Play right Now
Receive News & Ratings for Lennox International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lennox International and related companies with MarketBeat.com's FREE daily email newsletter.
