Lennox International (NYSE:LII – Get Free Report) had its target price cut by equities researchers at Royal Bank Of Canada from $469.00 to $406.00 in a research note issued on Wednesday, Benzinga reports. The firm currently has a “sector perform” rating on the construction company’s stock. Royal Bank Of Canada’s price target suggests a potential upside of 17.91% from the company’s current price.
LII has been the subject of several other research reports. Morgan Stanley lowered their price target on Lennox International from $450.00 to $375.00 and set an “underweight” rating for the company in a research report on Thursday, September 3rd. Deutsche Bank Aktiengesellschaft lowered shares of Lennox International from a “buy” rating to a “hold” rating and reduced their price objective for the company from $609.00 to $444.00 in a research note on Monday, September 14th. The Goldman Sachs Group lowered shares of Lennox International from a “buy” rating to a “neutral” rating and set a $390.00 price objective for the company. in a research note on Wednesday. William Blair reaffirmed an “outperform” rating on shares of Lennox International in a report on Wednesday, July 29th. Finally, Wells Fargo & Company began coverage on shares of Lennox International in a research note on Friday, September 25th. They issued an “equal weight” rating and a $424.00 target price on the stock. Four research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $505.92.
Read Our Latest Stock Report on Lennox International
Lennox International Stock Down 1.7%
Lennox International (NYSE:LII – Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The construction company reported $7.72 earnings per share for the quarter, beating analysts’ consensus estimates of $7.67 by $0.05. Lennox International had a return on equity of 66.42% and a net margin of 14.61%. The company had revenue of $1.55 billion during the quarter, compared to analyst estimates of $1.56 billion. During the same quarter last year, the company earned $7.82 EPS. The firm’s revenue for the quarter was up 3.0% on a year-over-year basis. Lennox International has set its FY 2026 guidance at 23.000-24.000 EPS. On average, equities analysts predict that Lennox International will post 23.44 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Several hedge funds have recently modified their holdings of the business. Krilogy Financial LLC bought a new position in shares of Lennox International during the third quarter valued at $415,000. NorthCrest Asset Manangement LLC purchased a new stake in shares of Lennox International during the third quarter valued at $278,000. Farther Finance Advisors LLC boosted its position in shares of Lennox International by 43.0% during the third quarter. Farther Finance Advisors LLC now owns 266 shares of the construction company’s stock valued at $94,000 after buying an additional 80 shares during the last quarter. Apella Capital LLC boosted its position in shares of Lennox International by 34.7% during the third quarter. Apella Capital LLC now owns 710 shares of the construction company’s stock valued at $255,000 after buying an additional 183 shares during the last quarter. Finally, Burkett Financial Services LLC bought a new stake in Lennox International in the 3rd quarter worth about $26,000. Hedge funds and other institutional investors own 67.07% of the company’s stock.
About Lennox International
Lennox International Inc (NYSE:LII) is a heating, ventilation, air conditioning and refrigeration company that designs, manufactures and markets climate-control products for residential and commercial applications. Its offerings include furnaces, air conditioners, heat pumps, packaged systems, thermostats, controls and indoor air-quality products.
The company also provides commercial HVAC systems and services for offices, retail locations, industrial facilities and other buildings, as well as refrigeration equipment used in food retail and other applications.
Recommended Stories
- Five stocks we like better than Lennox International
- Quantum BioPharma’s Phase 2 Shows Where Biotech Value Actually Gets Built
- Albertsons Is Betting on a Turnaround—But Will It Pay Off?
- Venezuela’s Oil Revival Is Gaining Momentum—3 Energy Stocks Positioned to Benefit
- PepsiCo’s Earnings Beat Masks a Bigger Problem With Its North American Business
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.
