Lennox International Inc. (NYSE:LII) Receives Consensus Rating of “Hold” from Analysts

Shares of Lennox International Inc. (NYSE:LII) have been assigned an average rating of “Hold” from the thirteen analysts that are currently covering the company, MarketBeat reports. Two analysts have rated the stock with a sell rating, six have given a hold rating and five have given a buy rating to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $579.38.

Several brokerages have recently issued reports on LII. Northcoast Research began coverage on shares of Lennox International in a research report on Friday, November 22nd. They set a “sell” rating and a $475.00 price objective for the company. Robert W. Baird increased their target price on Lennox International from $648.00 to $656.00 and gave the stock a “neutral” rating in a report on Thursday, October 24th. KeyCorp lowered Lennox International from an “overweight” rating to a “sector weight” rating in a report on Tuesday, October 15th. Barclays increased their price objective on Lennox International from $624.00 to $674.00 and gave the stock an “equal weight” rating in a report on Thursday, December 5th. Finally, Royal Bank of Canada boosted their target price on Lennox International from $604.00 to $619.00 and gave the company a “sector perform” rating in a research note on Thursday, October 24th.

Insider Activity

In other Lennox International news, Director Sherry Buck sold 500 shares of the company’s stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $660.74, for a total value of $330,370.00. Following the transaction, the director now directly owns 1,693 shares in the company, valued at $1,118,632.82. The trade was a 22.80 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Chris Kosel sold 200 shares of the firm’s stock in a transaction dated Wednesday, November 13th. The stock was sold at an average price of $625.49, for a total transaction of $125,098.00. Following the sale, the chief accounting officer now owns 1,446 shares of the company’s stock, valued at approximately $904,458.54. This represents a 12.15 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 2,106 shares of company stock valued at $1,353,233 in the last quarter. Company insiders own 10.40% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Driehaus Capital Management LLC acquired a new position in shares of Lennox International in the second quarter valued at approximately $11,115,000. Geode Capital Management LLC grew its holdings in Lennox International by 2.2% in the 3rd quarter. Geode Capital Management LLC now owns 571,095 shares of the construction company’s stock valued at $345,645,000 after buying an additional 12,183 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec increased its position in Lennox International by 1,065.7% during the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 7,670 shares of the construction company’s stock worth $4,635,000 after buying an additional 7,012 shares during the period. Achmea Investment Management B.V. lifted its holdings in shares of Lennox International by 7.3% during the second quarter. Achmea Investment Management B.V. now owns 83,311 shares of the construction company’s stock worth $44,570,000 after buying an additional 5,673 shares in the last quarter. Finally, BNP Paribas Financial Markets raised its stake in Lennox International by 26.9% in the 3rd quarter. BNP Paribas Financial Markets now owns 23,261 shares of the construction company’s stock worth $14,056,000 after purchasing an additional 4,927 shares in the last quarter. 67.07% of the stock is owned by institutional investors.

Lennox International Stock Performance

LII stock opened at $613.99 on Thursday. Lennox International has a 1-year low of $412.09 and a 1-year high of $682.50. The company has a current ratio of 1.39, a quick ratio of 0.87 and a debt-to-equity ratio of 1.10. The firm has a market cap of $21.87 billion, a PE ratio of 29.15, a P/E/G ratio of 2.04 and a beta of 1.08. The business’s 50-day moving average price is $633.77 and its two-hundred day moving average price is $593.17.

Lennox International (NYSE:LII) last released its quarterly earnings data on Wednesday, October 23rd. The construction company reported $6.68 earnings per share for the quarter, beating the consensus estimate of $5.95 by $0.73. Lennox International had a return on equity of 148.52% and a net margin of 14.63%. The business had revenue of $1.50 billion for the quarter, compared to analysts’ expectations of $1.42 billion. During the same quarter in the previous year, the business posted $5.37 EPS. Lennox International’s revenue for the quarter was up 9.6% on a year-over-year basis. As a group, research analysts forecast that Lennox International will post 21.1 earnings per share for the current year.

Lennox International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be given a dividend of $1.15 per share. This represents a $4.60 annualized dividend and a yield of 0.75%. The ex-dividend date of this dividend is Tuesday, December 31st. Lennox International’s dividend payout ratio (DPR) is currently 21.84%.

Lennox International Company Profile

Lennox International Inc, together with its subsidiaries, designs, manufactures, and markets a range of products for the heating, ventilation, air conditioning, and refrigeration markets in the United States, Canada, and internationally. The Home Comfort Solutions segment provides furnaces, air conditioners, heat pumps, packaged heating and cooling systems, indoor air quality equipment, comfort control products, and replacement parts and supplies; residential heating, ventilation, cooling equipment, and air conditioning; and evaporator coils and unit heaters under Lennox, Dave Lennox Signature Collection, Armstrong Air, Ducane, AirEase, Concord, MagicPak, Advanced Distributor Products, Allied, Elite Series, Merit Series, Comfort Sync, Healthy Climate, iComfort, ComfortSense, and Lennox Stores name.