Brokerages Set Lennox International, Inc. (NYSE:LII) Target Price at $575.46

Shares of Lennox International, Inc. (NYSE:LII) have been given a consensus recommendation of “Hold” by the seventeen research firms that are currently covering the company, MarketBeat reports. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and five have given a buy rating to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $575.4615.

Several research analysts have issued reports on LII shares. Vertical Research raised Lennox International from a “hold” rating to a “buy” rating and set a $600.00 price target on the stock in a report on Thursday, April 30th. Morgan Stanley dropped their price target on Lennox International from $475.00 to $450.00 and set an “underweight” rating on the stock in a report on Monday, February 2nd. BNP Paribas Exane started coverage on Lennox International in a report on Tuesday, April 14th. They issued a “neutral” rating and a $535.00 price target on the stock. Oppenheimer upped their price target on Lennox International from $630.00 to $645.00 and gave the company an “outperform” rating in a report on Thursday, March 5th. Finally, Barclays dropped their price target on Lennox International from $600.00 to $597.00 and set an “overweight” rating on the stock in a report on Thursday, April 30th.

Insider Buying and Selling at Lennox International

In other Lennox International news, CAO Chris Kosel sold 971 shares of the company’s stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $544.80, for a total value of $529,000.80. Following the transaction, the chief accounting officer owned 1,090 shares of the company’s stock, valued at approximately $593,832. This represents a 47.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Shane D. Wall sold 100 shares of the company’s stock in a transaction on 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 directly owned 2,205 shares in the company, valued at $1,190,722.05. This represents a 4.34% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 9.80% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Lennox International

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Root Financial Partners LLC purchased a new position in Lennox International during the 3rd quarter worth approximately $28,000. Huntington National Bank grew its position in Lennox International by 51.8% during the 4th quarter. Huntington National Bank now owns 85 shares of the construction company’s stock worth $41,000 after purchasing an additional 29 shares in the last quarter. Covestor Ltd grew its position in Lennox International by 217.2% during the 3rd quarter. Covestor Ltd now owns 92 shares of the construction company’s stock worth $48,000 after purchasing an additional 63 shares in the last quarter. MUFG Securities EMEA plc purchased a new position in Lennox International during the 2nd quarter worth approximately $54,000. Finally, Bessemer Group Inc. grew its position in Lennox International by 52.8% during the 3rd quarter. Bessemer Group Inc. now owns 110 shares of the construction company’s stock worth $59,000 after purchasing an additional 38 shares in the last quarter. 67.07% of the stock is currently owned by hedge funds and other institutional investors.

Lennox International Price Performance

Shares of NYSE:LII opened at $499.41 on Friday. Lennox International has a 12 month low of $434.06 and a 12 month high of $689.44. The stock has a market cap of $17.38 billion, a price-to-earnings ratio of 22.48, a PEG ratio of 1.92 and a beta of 1.22. The stock’s 50 day moving average price is $491.40 and its 200 day moving average price is $502.91. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.57 and a quick ratio of 0.64.

Lennox International (NYSE:LII) last announced its earnings results on Wednesday, April 29th. The construction company reported $3.35 EPS for the quarter, topping the consensus estimate of $3.16 by $0.19. Lennox International had a return on equity of 73.27% and a net margin of 14.89%.The firm had revenue of $1.14 billion for the quarter, compared to analysts’ expectations of $1.07 billion. During the same quarter in the previous year, the company earned $3.63 earnings per share. The firm’s quarterly revenue was up 5.8% compared to the same quarter last year. Lennox International has set its FY 2026 guidance at 23.500-25.000 EPS. Equities research analysts anticipate that Lennox International will post 24.28 earnings per share for the current fiscal year.

Lennox International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were issued a $1.30 dividend. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $5.20 annualized dividend and a dividend yield of 1.0%. Lennox International’s dividend payout ratio is currently 23.40%.

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.