Barclays Has Lowered Expectations for Lennox International (NYSE:LII) Stock Price

Lennox International (NYSE:LII) had its target price reduced by investment analysts at Barclays from $667.00 to $600.00 in a research note issued on Wednesday,Benzinga reports. The brokerage presently has an “overweight” rating on the construction company’s stock. Barclays‘s price objective indicates a potential upside of 28.35% from the stock’s previous close.

LII has been the subject of several other research reports. Wall Street Zen upgraded shares of Lennox International from a “sell” rating to a “hold” rating in a research note on Saturday, March 7th. JPMorgan Chase & Co. raised their target price on shares of Lennox International from $493.00 to $541.00 and gave the company an “underweight” rating in a research note on Friday, January 16th. Morgan Stanley cut their price target on shares of Lennox International from $475.00 to $450.00 and set an “underweight” rating on the stock in a report on Monday, February 2nd. Wells Fargo & Company reduced their price target on Lennox International from $560.00 to $480.00 and set an “equal weight” rating on the stock in a research report on Wednesday. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Lennox International in a report on Thursday, January 22nd. Four investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $566.27.

Lennox International Stock Up 0.7%

NYSE LII traded up $3.33 during trading on Wednesday, reaching $467.46. 133,626 shares of the company’s stock traded hands, compared to its average volume of 484,713. Lennox International has a 12-month low of $434.06 and a 12-month high of $689.44. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.60 and a quick ratio of 0.63. The firm has a market cap of $16.27 billion, a price-to-earnings ratio of 21.01, a price-to-earnings-growth ratio of 1.70 and a beta of 1.16. The company’s 50 day simple moving average is $515.14 and its two-hundred day simple moving average is $510.23.

Lennox International (NYSE:LII) last announced its earnings results on Wednesday, January 28th. The construction company reported $4.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.76 by ($0.31). The company had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.27 billion. Lennox International had a net margin of 15.13% and a return on equity of 80.23%. The firm’s revenue was down 11.2% compared to the same quarter last year. During the same period last year, the business posted $5.60 EPS. Lennox International has set its FY 2026 guidance at 23.500-25.000 EPS. As a group, sell-side analysts forecast that Lennox International will post 22.94 EPS for the current fiscal year.

Insider Activity

In related news, CAO Chris Kosel sold 254 shares of Lennox International stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of $536.50, for a total transaction of $136,271.00. Following the completion of the transaction, the chief accounting officer directly owned 1,090 shares in the company, valued at approximately $584,785. This trade represents a 18.90% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Shane D. Wall sold 100 shares of the company’s stock in a transaction that occurred on 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 in the company, valued at approximately $1,190,722.05. This represents a 4.34% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,054 shares of company stock valued at $563,687 in the last quarter. 10.40% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Lennox International

Several institutional investors have recently made changes to their positions in LII. Pacer Advisors Inc. boosted its holdings in Lennox International by 45.8% during the fourth quarter. Pacer Advisors Inc. now owns 6,667 shares of the construction company’s stock worth $3,237,000 after buying an additional 2,095 shares in the last quarter. Jump Financial LLC purchased a new position in Lennox International in the fourth quarter valued at $675,000. Quantitative Investment Management LLC raised its position in shares of Lennox International by 170.9% in the fourth quarter. Quantitative Investment Management LLC now owns 1,276 shares of the construction company’s stock worth $619,000 after acquiring an additional 805 shares during the period. Van ECK Associates Corp boosted its stake in shares of Lennox International by 10.3% during the 4th quarter. Van ECK Associates Corp now owns 7,776 shares of the construction company’s stock worth $3,776,000 after acquiring an additional 726 shares in the last quarter. Finally, Brown Brothers Harriman & Co. boosted its stake in shares of Lennox International by 54.1% during the 4th quarter. Brown Brothers Harriman & Co. now owns 410 shares of the construction company’s stock worth $199,000 after acquiring an additional 144 shares in the last quarter. 67.07% of the stock is owned by hedge funds and other 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.