Lennox International (NYSE:LII – Get Free Report) had its price objective reduced by investment analysts at Wells Fargo & Company from $560.00 to $480.00 in a report issued on Wednesday,Benzinga reports. The firm currently has an “equal weight” rating on the construction company’s stock. Wells Fargo & Company‘s price target indicates a potential upside of 2.29% from the stock’s current price.
A number of other analysts also recently issued reports on the stock. William Blair reissued an “outperform” rating on shares of Lennox International in a report on Thursday, March 5th. Barclays lowered their target price on shares of Lennox International from $680.00 to $667.00 and set an “overweight” rating on the stock in a report on Wednesday, January 7th. Morgan Stanley dropped their price target on shares of Lennox International from $475.00 to $450.00 and set an “underweight” rating for the company in a research report on Monday, February 2nd. JPMorgan Chase & Co. boosted their price target on Lennox International from $493.00 to $541.00 and gave the company an “underweight” rating in a research note on Friday, January 16th. Finally, Oppenheimer increased their price target on Lennox International from $630.00 to $645.00 and gave the stock an “outperform” rating in a research report on Thursday, March 5th. Four analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $572.36.
View Our Latest Analysis on Lennox International
Lennox International Stock Performance
Lennox International (NYSE:LII – Get Free Report) last posted its earnings results on Wednesday, January 28th. The construction company reported $4.45 earnings per share for the quarter, missing analysts’ consensus estimates of $4.76 by ($0.31). Lennox International had a return on equity of 80.23% and a net margin of 15.13%.The firm had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.27 billion. During the same period in the prior year, the business posted $5.60 EPS. The firm’s quarterly revenue was down 11.2% compared to the same quarter last year. Lennox International has set its FY 2026 guidance at 23.500-25.000 EPS. As a group, research analysts predict that Lennox International will post 22.94 EPS for the current year.
Insider Buying and Selling
In related news, CAO Chris Kosel sold 254 shares of the company’s stock in a transaction 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 sale, the chief accounting officer directly owned 1,090 shares in the company, valued at $584,785. This represents a 18.90% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Shane D. Wall sold 100 shares of Lennox International stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $540.01, for a total value of $54,001.00. Following the completion of the transaction, 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 worth $563,687 in the last ninety days. 10.40% of the stock is owned by insiders.
Hedge Funds Weigh In On Lennox International
Institutional investors have recently added to or reduced their stakes in the stock. Nicholas Company Inc. lifted its stake in Lennox International by 0.4% in the 4th quarter. Nicholas Company Inc. now owns 6,600 shares of the construction company’s stock valued at $3,205,000 after purchasing an additional 25 shares during the last quarter. Huntington National Bank grew its stake in shares of Lennox International by 51.8% during the fourth quarter. Huntington National Bank now owns 85 shares of the construction company’s stock worth $41,000 after buying an additional 29 shares during the last quarter. Bessemer Group Inc. grew its stake in shares of Lennox International by 52.8% during the third quarter. Bessemer Group Inc. now owns 110 shares of the construction company’s stock worth $59,000 after buying an additional 38 shares during the last quarter. Valeo Financial Advisors LLC increased its holdings in shares of Lennox International by 10.3% during the fourth quarter. Valeo Financial Advisors LLC now owns 418 shares of the construction company’s stock worth $203,000 after buying an additional 39 shares in the last quarter. Finally, Eukles Asset Management increased its holdings in shares of Lennox International by 4.2% during the fourth quarter. Eukles Asset Management now owns 1,125 shares of the construction company’s stock worth $546,000 after buying an additional 45 shares in the last quarter. 67.07% of the stock is currently owned by institutional investors and hedge funds.
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.
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