Elevation Point Wealth Partners LLC Takes Position in Lennox International, Inc. $LII

Elevation Point Wealth Partners LLC bought a new stake in shares of Lennox International, Inc. (NYSE:LII) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 1,438 shares of the construction company’s stock, valued at approximately $825,000.

Other large investors have also modified their holdings of the company. California State Teachers Retirement System boosted its stake in Lennox International by 6.1% during the 2nd quarter. California State Teachers Retirement System now owns 48,533 shares of the construction company’s stock valued at $27,821,000 after purchasing an additional 2,785 shares during the period. Ameriprise Financial Inc. increased its stake in shares of Lennox International by 296.0% in the second quarter. Ameriprise Financial Inc. now owns 71,815 shares of the construction company’s stock valued at $41,168,000 after purchasing an additional 53,679 shares during the period. Lazard Asset Management LLC increased its stake in shares of Lennox International by 111.1% in the second quarter. Lazard Asset Management LLC now owns 18,659 shares of the construction company’s stock valued at $10,696,000 after purchasing an additional 9,818 shares during the period. State of Tennessee Department of Treasury raised its holdings in shares of Lennox International by 75.2% during the second quarter. State of Tennessee Department of Treasury now owns 7,082 shares of the construction company’s stock valued at $4,060,000 after buying an additional 3,039 shares during the last quarter. Finally, MUFG Securities EMEA plc acquired a new position in shares of Lennox International during the second quarter worth approximately $54,000. Institutional investors and hedge funds own 67.07% of the company’s stock.

Lennox International Trading Down 0.9%

Lennox International stock opened at $399.30 on Tuesday. The firm’s 50 day moving average price is $500.71 and its two-hundred day moving average price is $505.42. The firm has a market cap of $13.80 billion, a price-to-earnings ratio of 18.05, a price-to-earnings-growth ratio of 1.58 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. Lennox International, Inc. has a 1 year low of $394.80 and a 1 year high of $590.99.

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

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on LII. Vertical Research raised Lennox International from a “hold” rating to a “buy” rating and set a $600.00 target price on the stock in a research note on Thursday, April 30th. The Goldman Sachs Group decreased their price target on Lennox International from $625.00 to $547.00 and set a “buy” rating for the company in a research note on Friday, July 31st. Royal Bank Of Canada cut 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 research note on Thursday, July 30th. Wells Fargo & Company increased their target price on shares of Lennox International from $480.00 to $555.00 and gave the company an “equal weight” rating in a research report on Thursday, April 30th. Finally, Weiss Ratings cut shares of Lennox International from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, August 11th. Five 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. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $546.58.

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.