1,314 Shares in Lennox International, Inc. $LII Acquired by Commerce Bank

Commerce Bank acquired a new stake in shares of Lennox International, Inc. (NYSE:LII) in the second quarter, HoldingsChannel.com reports. The institutional investor acquired 1,314 shares of the construction company’s stock, valued at approximately $753,000.

Several other hedge funds also recently bought and sold shares of LII. BlackRock Inc. bought a new stake in Lennox International during the 2nd quarter worth approximately $1,704,846,000. Deutsche Bank AG bought a new position in Lennox International in the second quarter valued at approximately $159,181,000. Campbell Newman Asset Management Inc. bought a new position in Lennox International in the first quarter valued at approximately $17,555,000. Pacer Advisors Inc. boosted its holdings in shares of Lennox International by 45.8% in the fourth quarter. Pacer Advisors Inc. now owns 6,667 shares of the construction company’s stock valued at $3,237,000 after buying an additional 2,095 shares during the period. Finally, SG Americas Securities LLC boosted its holdings in shares of Lennox International by 78.0% in the first quarter. SG Americas Securities LLC now owns 56,797 shares of the construction company’s stock valued at $26,361,000 after buying an additional 24,893 shares during the period. 67.07% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on LII shares. Vertical Research upgraded shares of Lennox International from a “hold” rating to a “buy” rating and set a $600.00 price objective on the stock in a report on Thursday, April 30th. The Goldman Sachs Group reduced their target price on shares of Lennox International from $625.00 to $547.00 and set a “buy” rating for the company in a research note on Friday, July 31st. Barclays lowered their target price on Lennox International from $600.00 to $597.00 and set an “overweight” rating for the company in a report on Thursday, April 30th. Weiss Ratings lowered Lennox International from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, August 11th. Finally, Wells Fargo & Company upped their price objective on Lennox International from $480.00 to $555.00 and gave the stock 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 given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $546.58.

Lennox International Stock Performance

Shares of LII stock opened at $394.49 on Thursday. Lennox International, Inc. has a 12 month low of $387.45 and a 12 month high of $587.27. The company’s fifty day simple moving average is $495.50 and its 200-day simple moving average is $503.53. The firm has a market cap of $13.63 billion, a PE ratio of 17.83, a P/E/G ratio of 1.53 and a beta of 1.19. The company has a quick ratio of 0.77, a current ratio of 1.57 and a debt-to-equity ratio of 0.89.

Lennox International (NYSE:LII) last released its earnings results on Wednesday, July 29th. The construction company reported $7.72 earnings per share for the quarter, beating analysts’ consensus estimates 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 last year, the firm earned $7.82 earnings per share. The firm’s revenue for the quarter was up 3.0% compared to the same quarter last year. Lennox International has set its FY 2026 guidance at 23.000-24.000 EPS. Equities research analysts expect that Lennox International, Inc. will post 23.69 EPS for the current fiscal year.

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.