Lennox International (NYSE:LII) Given “Overweight” Rating at Stephens

Lennox International (NYSE:LII)‘s stock had its “overweight” rating reiterated by analysts at Stephens in a research report issued to clients and investors on Friday,Benzinga reports. They presently have a $750.00 price target on the construction company’s stock. Stephens’ target price suggests a potential upside of 25.02% from the stock’s current price.

Several other analysts have also recently commented on LII. Morgan Stanley assumed coverage on shares of Lennox International in a research note on Monday, January 6th. They set an “underweight” rating and a $595.00 price objective for the company. Wells Fargo & Company reaffirmed an “underweight” rating and issued a $580.00 price target (down from $630.00) on shares of Lennox International in a report on Monday, February 3rd. UBS Group lifted their price objective on Lennox International from $575.00 to $625.00 and gave the company a “neutral” rating in a research note on Friday, January 3rd. JPMorgan Chase & Co. boosted their target price on shares of Lennox International from $536.00 to $565.00 and gave the company an “underweight” rating in a research note on Thursday, January 30th. Finally, Royal Bank of Canada lifted their price target on Lennox International from $617.00 to $642.00 and gave the stock a “sector perform” rating in a research note on Thursday, January 30th. Four analysts have rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, Lennox International currently has a consensus rating of “Hold” and a consensus target price of $614.62.

Lennox International Stock Up 2.7 %

Shares of Lennox International stock traded up $16.03 during trading on Friday, reaching $599.93. The company’s stock had a trading volume of 14,969 shares, compared to its average volume of 301,033. Lennox International has a 1-year low of $445.63 and a 1-year high of $682.50. The company has a quick ratio of 0.90, a current ratio of 1.43 and a debt-to-equity ratio of 0.98. The company has a market cap of $21.35 billion, a price-to-earnings ratio of 26.53, a P/E/G ratio of 2.36 and a beta of 1.10. The company has a 50-day simple moving average of $617.84 and a two-hundred day simple moving average of $614.75.

Lennox International (NYSE:LII) last released its earnings results on Wednesday, January 29th. The construction company reported $5.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.12 by $1.48. Lennox International had a return on equity of 126.79% and a net margin of 15.11%. As a group, equities analysts forecast that Lennox International will post 22.94 earnings per share for the current year.

Insider Buying and Selling

In other news, CAO Chris Kosel sold 194 shares of the stock in a transaction on Friday, February 21st. The stock was sold at an average price of $644.20, for a total value of $124,974.80. Following the sale, the chief accounting officer now directly owns 1,282 shares in the company, valued at approximately $825,864.40. This trade represents a 13.14 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 10.40% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Lennox International

Institutional investors and hedge funds have recently made changes to their positions in the stock. Everence Capital Management Inc. purchased a new position in Lennox International in the fourth quarter worth approximately $567,000. Toronto Dominion Bank lifted its position in shares of Lennox International by 27.0% during the 3rd quarter. Toronto Dominion Bank now owns 3,960 shares of the construction company’s stock worth $2,393,000 after purchasing an additional 841 shares during the last quarter. Harbor Capital Advisors Inc. raised its stake in Lennox International by 3.0% in the fourth quarter. Harbor Capital Advisors Inc. now owns 681 shares of the construction company’s stock valued at $415,000 after buying an additional 20 shares in the last quarter. National Pension Service lifted its holdings in Lennox International by 2.3% during the 3rd quarter. National Pension Service now owns 51,263 shares of the construction company’s stock worth $30,978,000 after buying an additional 1,140 shares during the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec boosted its position in shares of 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 acquiring an additional 7,012 shares in the last quarter. 67.07% of the stock is owned by institutional investors and hedge funds.

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.