The Manufacturers Life Insurance Company Buys Shares of 40,547 Lennox International, Inc. $LII

The Manufacturers Life Insurance Company bought a new stake in shares of Lennox International, Inc. (NYSE:LII) during the 2nd quarter, Holdings Channel reports. The firm bought 40,547 shares of the construction company’s stock, valued at approximately $23,231,000.

Other large investors have also added to or reduced their stakes in the company. Sone Capital Management LLC purchased a new stake in Lennox International during the 2nd quarter valued at $3,938,000. Peak Asset Management LLC bought a new position in Lennox International in the second quarter valued at about $401,000. Cibc World Market Inc. purchased a new position in Lennox International in the second quarter worth about $371,000. OMERS ADMINISTRATION Corp purchased a new position in Lennox International in the second quarter worth about $2,864,000. Finally, Sanctuary Advisors LLC bought a new stake in shares of Lennox International during the 2nd quarter valued at about $3,738,000. Institutional investors own 67.07% of the company’s stock.

Lennox International Trading Down 0.5%

Shares of Lennox International stock opened at $391.81 on Friday. The company has a market capitalization of $13.54 billion, a P/E ratio of 17.71, a P/E/G ratio of 1.55 and a beta of 1.19. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.77 and a current ratio of 1.57. The company has a fifty day moving average of $492.67 and a 200 day moving average of $502.56. Lennox International, Inc. has a fifty-two week low of $387.45 and a fifty-two week high of $587.27.

Lennox International (NYSE:LII) last posted its quarterly earnings results on Wednesday, July 29th. The construction company reported $7.72 EPS for the quarter, beating analysts’ consensus estimates of $7.67 by $0.05. The business had revenue of $1.55 billion for the quarter, compared to analysts’ expectations of $1.56 billion. Lennox International had a return on equity of 66.42% and a net margin of 14.61%.The business’s quarterly revenue was up 3.0% on a year-over-year basis. During the same period last year, the firm earned $7.82 earnings per share. Lennox International has set its FY 2026 guidance at 23.000-24.000 EPS. On average, sell-side analysts anticipate that Lennox International, Inc. will post 23.69 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on LII. The Goldman Sachs Group reduced their price target on shares of Lennox International from $625.00 to $547.00 and set a “buy” rating for the company in a research report on Friday, July 31st. Royal Bank Of Canada dropped their price objective on shares of Lennox International from $579.00 to $469.00 and set a “sector perform” rating on the stock in a report on Thursday, July 30th. Vertical Research upgraded shares of Lennox International from a “hold” rating to a “buy” rating and set a $600.00 target price for the company in a research report on Thursday, April 30th. Barclays decreased their target price on Lennox International from $600.00 to $597.00 and set an “overweight” rating on the stock in a report on Thursday, April 30th. Finally, Wells Fargo & Company lifted their target price on Lennox International from $480.00 to $555.00 and gave the company an “equal weight” rating in a research report on Thursday, April 30th. Five research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Lennox International presently has a consensus rating of “Hold” and a consensus price target of $546.58.

Lennox International 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.