Jefferies Financial Group Inc. Purchases Shares of 6,360 Lennox International, Inc. $LII

Jefferies Financial Group Inc. acquired a new position in shares of Lennox International, Inc. (NYSE:LII) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor acquired 6,360 shares of the construction company’s stock, valued at approximately $3,644,000.

A number of other large investors have also recently made changes to their positions in LII. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in Lennox International during the 2nd quarter worth about $10,596,000. Capstone Investment Advisors LLC purchased a new stake in Lennox International in the second quarter valued at approximately $2,991,000. Bank of Nova Scotia purchased a new position in Lennox International during the 2nd quarter worth approximately $1,892,000. Deutsche Bank AG acquired a new stake in Lennox International during the 2nd quarter valued at approximately $159,181,000. Finally, BlackRock Inc. acquired a new stake in shares of Lennox International in the second quarter worth $1,704,846,000. 67.07% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. Royal Bank Of Canada reduced their price objective on Lennox International from $579.00 to $469.00 and set a “sector perform” rating for the company in a research note on Thursday, July 30th. Weiss Ratings lowered Lennox International from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, August 11th. The Goldman Sachs Group decreased 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. Finally, William Blair restated an “outperform” rating on shares of Lennox International in a research report on Wednesday, July 29th. Five analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, Lennox International has an average rating of “Hold” and a consensus price target of $546.58.

Lennox International Stock Up 0.6%

Lennox International stock opened at $393.39 on Friday. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.57 and a quick ratio of 0.77. The stock has a market capitalization of $13.60 billion, a PE ratio of 17.78, a price-to-earnings-growth ratio of 1.54 and a beta of 1.19. The business has a 50 day simple moving average of $489.88 and a 200-day simple moving average of $501.79. Lennox International, Inc. has a 12 month low of $387.45 and a 12 month high of $587.27.

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

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.