Lennox International (NYSE:LII) Given New $667.00 Price Target at Barclays

Lennox International (NYSE:LII) had its target price lowered by stock analysts at Barclays from $680.00 to $667.00 in a report issued on Wednesday,Benzinga reports. The brokerage currently has an “overweight” rating on the construction company’s stock. Barclays‘s price objective indicates a potential upside of 31.89% from the stock’s current price.

A number of other equities analysts have also recently issued reports on LII. Wolfe Research upgraded Lennox International from an “underperform” rating to a “peer perform” rating in a report on Thursday, November 13th. KeyCorp reaffirmed a “sector weight” rating on shares of Lennox International in a research note on Thursday, October 23rd. Oppenheimer reduced their price target on shares of Lennox International from $730.00 to $675.00 and set an “outperform” rating on the stock in a research report on Wednesday, September 17th. Mizuho lowered their price objective on shares of Lennox International from $650.00 to $565.00 and set a “neutral” rating for the company in a report on Friday, October 17th. Finally, Royal Bank Of Canada reduced their target price on shares of Lennox International from $598.00 to $555.00 and set a “sector perform” rating on the stock in a report on Thursday, October 23rd. Four research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, Lennox International presently has an average rating of “Hold” and a consensus target price of $593.25.

Lennox International Price Performance

Lennox International stock traded down $14.14 during mid-day trading on Wednesday, hitting $505.72. 278,270 shares of the company traded hands, compared to its average volume of 363,954. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.80 and a current ratio of 1.68. Lennox International has a one year low of $443.19 and a one year high of $689.44. The stock has a market cap of $17.74 billion, a price-to-earnings ratio of 21.35, a price-to-earnings-growth ratio of 1.87 and a beta of 1.18. The stock has a fifty day moving average price of $490.31 and a 200-day moving average price of $542.33.

Lennox International (NYSE:LII) last posted its quarterly earnings data on Wednesday, October 22nd. The construction company reported $6.98 earnings per share for the quarter, beating the consensus estimate of $6.69 by $0.29. Lennox International had a net margin of 15.74% and a return on equity of 91.96%. The firm had revenue of $1.43 billion for the quarter, compared to analysts’ expectations of $1.54 billion. During the same quarter last year, the company posted $6.68 EPS. The business’s quarterly revenue was down 4.8% on a year-over-year basis. Lennox International has set its FY 2025 guidance at 22.750-23.250 EPS. On average, equities analysts predict that Lennox International will post 22.94 earnings per share for the current fiscal year.

Insider Buying and Selling at Lennox International

In related news, Director Todd J. Teske sold 600 shares of the firm’s stock in a transaction dated Tuesday, November 11th. The stock was sold at an average price of $491.85, for a total value of $295,110.00. Following the sale, the director directly owned 7,581 shares of the company’s stock, valued at $3,728,714.85. This trade represents a 7.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 10.40% of the company’s stock.

Institutional Investors Weigh In On Lennox International

Several institutional investors and hedge funds have recently bought and sold shares of the business. AdvisorShares Investments LLC purchased a new position in shares of Lennox International during the second quarter valued at approximately $25,000. Root Financial Partners LLC purchased a new position in Lennox International during the 3rd quarter valued at $28,000. Thurston Springer Miller Herd & Titak Inc. raised its holdings in Lennox International by 175.9% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 80 shares of the construction company’s stock worth $46,000 after purchasing an additional 51 shares in the last quarter. Whittier Trust Co. lifted its position in shares of Lennox International by 125.0% in the 2nd quarter. Whittier Trust Co. now owns 81 shares of the construction company’s stock worth $46,000 after purchasing an additional 45 shares during the period. Finally, Covestor Ltd boosted its stake in shares of Lennox International by 217.2% during the 3rd quarter. Covestor Ltd now owns 92 shares of the construction company’s stock valued at $48,000 after purchasing an additional 63 shares in the last quarter. Hedge funds and other institutional investors 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.