Oppenheimer Forecasts Strong Price Appreciation for Lennox International (NYSE:LII) Stock

Lennox International (NYSE:LII) had its price objective boosted by Oppenheimer from $630.00 to $645.00 in a report released on Thursday,Benzinga reports. The firm currently has an “outperform” rating on the construction company’s stock. Oppenheimer’s price objective indicates a potential upside of 21.74% from the company’s previous close.

Several other analysts also recently issued reports on LII. Morgan Stanley reduced their price objective on Lennox International from $475.00 to $450.00 and set an “underweight” rating on the stock in a research report on Monday, February 2nd. Wall Street Zen lowered shares of Lennox International from a “hold” rating to a “sell” rating in a report on Saturday, February 21st. UBS Group assumed coverage on shares of Lennox International in a report on Monday, January 5th. They set a “neutral” rating and a $530.00 price target for the company. Barclays cut their price objective on shares of Lennox International from $680.00 to $667.00 and set an “overweight” rating for the company in a research report on Wednesday, January 7th. Finally, JPMorgan Chase & Co. raised their target price on shares of Lennox International from $493.00 to $541.00 and gave the stock an “underweight” rating in a research report on Friday, January 16th. Five equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, Lennox International presently has a consensus rating of “Hold” and an average price target of $593.83.

Lennox International Price Performance

Shares of LII stock traded down $20.85 during trading hours on Thursday, hitting $529.82. The company’s stock had a trading volume of 193,185 shares, compared to its average volume of 502,563. The business has a fifty day moving average of $526.16 and a 200-day moving average of $522.23. The stock has a market cap of $18.44 billion, a price-to-earnings ratio of 23.82, a P/E/G ratio of 2.13 and a beta of 1.16. Lennox International has a twelve month low of $443.19 and a twelve month high of $689.44. The company has a current ratio of 1.60, a quick ratio of 0.63 and a debt-to-equity ratio of 0.98.

Lennox International (NYSE:LII) last issued its quarterly earnings data 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 analyst estimates of $1.27 billion. Lennox International had a return on equity of 80.23% and a net margin of 15.13%.The company’s revenue for the quarter was down 11.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $5.60 earnings per share. Lennox International has set its FY 2026 guidance at 23.500-25.000 EPS. As a group, equities research analysts anticipate that Lennox International will post 22.94 EPS for the current year.

Insider Activity

In related news, CAO Chris Kosel sold 254 shares of the firm’s stock in a transaction that occurred on Wednesday, February 4th. The shares were 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 approximately $584,785. This trade represents a 18.90% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Todd J. Teske sold 700 shares of the stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $533.45, for a total value of $373,415.00. Following the sale, the director owned 6,881 shares of the company’s stock, valued at $3,670,669.45. This trade represents a 9.23% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 1,054 shares of company stock worth $563,687. Corporate insiders own 9.73% of the company’s stock.

Hedge Funds Weigh In On Lennox International

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in LII. Pacer Advisors Inc. raised its stake in Lennox International by 45.8% during the 4th quarter. Pacer Advisors Inc. now owns 6,667 shares of the construction company’s stock valued at $3,237,000 after purchasing an additional 2,095 shares during the period. Jump Financial LLC purchased a new position in shares of Lennox International during the fourth quarter valued at $675,000. Quantitative Investment Management LLC raised its position in Lennox International by 170.9% during the fourth quarter. Quantitative Investment Management LLC now owns 1,276 shares of the construction company’s stock valued at $619,000 after buying an additional 805 shares during the period. Van ECK Associates Corp raised its position in Lennox International by 10.3% during the fourth quarter. Van ECK Associates Corp now owns 7,776 shares of the construction company’s stock valued at $3,776,000 after buying an additional 726 shares during the period. Finally, Brown Brothers Harriman & Co. lifted its stake in Lennox International by 54.1% in 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. Institutional investors and hedge funds own 67.07% of the company’s stock.

About Lennox International

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.