Oppenheimer Increases Lennox International (NYSE:LII) Price Target to $645.00

Lennox International (NYSE:LII) had its target price boosted by Oppenheimer from $630.00 to $645.00 in a report issued on Thursday,Benzinga reports. The brokerage currently has an “outperform” rating on the construction company’s stock. Oppenheimer’s price objective suggests a potential upside of 21.74% from the stock’s previous close.

Other equities research analysts have also recently issued research reports about the company. Wall Street Zen cut Lennox International from a “hold” rating to a “sell” rating in a research note on Saturday, February 21st. JPMorgan Chase & Co. boosted their target price on shares of Lennox International from $493.00 to $541.00 and gave the stock an “underweight” rating in a research report on Friday, January 16th. Morgan Stanley dropped their price target on shares of Lennox International from $475.00 to $450.00 and set an “underweight” rating on the stock in a research note on Monday, February 2nd. UBS Group initiated coverage on shares of Lennox International in a research note on Monday, January 5th. They issued a “neutral” rating and a $530.00 price objective for the company. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Lennox International in a research report on Thursday, January 22nd. Five research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $593.83.

Lennox International Stock Down 3.8%

Shares of NYSE:LII traded down $20.85 during trading on Thursday, reaching $529.82. 193,185 shares of the company traded hands, compared to its average volume of 502,563. The firm has a fifty day simple moving average of $526.16 and a 200 day simple moving average of $522.23. The company has a quick ratio of 0.63, a current ratio of 1.60 and a debt-to-equity ratio of 0.98. Lennox International has a 1-year low of $443.19 and a 1-year high of $689.44. The firm has a market cap of $18.44 billion, a P/E ratio of 23.82, a price-to-earnings-growth ratio of 2.13 and a beta of 1.16.

Lennox International (NYSE:LII) last announced its quarterly earnings data on Wednesday, January 28th. The construction company reported $4.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.76 by ($0.31). Lennox International had a return on equity of 80.23% and a net margin of 15.13%.The firm had revenue of $1.20 billion for the quarter, compared to analysts’ expectations of $1.27 billion. During the same quarter in the prior year, the business posted $5.60 earnings per share. Lennox International’s revenue was down 11.2% on a year-over-year basis. Lennox International has set its FY 2026 guidance at 23.500-25.000 EPS. Analysts anticipate that Lennox International will post 22.94 earnings per share for the current fiscal year.

Insider Activity at Lennox International

In other Lennox International news, Director Todd J. Teske sold 700 shares of the firm’s stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of $533.45, for a total value of $373,415.00. Following the sale, the director owned 6,881 shares of the company’s stock, valued at $3,670,669.45. This trade represents a 9.23% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Shane D. Wall sold 100 shares of Lennox International stock in a transaction that occurred on Wednesday, February 25th. The stock was 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 approximately $1,190,722.05. This represents a 4.34% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,054 shares of company stock worth $563,687 in the last 90 days. 9.73% of the stock is owned by company insiders.

Institutional Trading of Lennox International

Hedge funds have recently bought and sold shares of the stock. Mediolanum International Funds Ltd raised its position in shares of Lennox International by 35.4% during the third quarter. Mediolanum International Funds Ltd now owns 27,198 shares of the construction company’s stock valued at $14,161,000 after buying an additional 7,109 shares during the last quarter. Archer Investment Corp bought a new position in Lennox International during the second quarter valued at about $264,000. SG Americas Securities LLC raised its holdings in Lennox International by 1,402.7% in the 2nd quarter. SG Americas Securities LLC now owns 31,783 shares of the construction company’s stock valued at $18,219,000 after acquiring an additional 29,668 shares in the last quarter. Forsta AP Fonden lifted its position in shares of Lennox International by 21.7% in the 2nd quarter. Forsta AP Fonden now owns 21,300 shares of the construction company’s stock worth $12,210,000 after acquiring an additional 3,800 shares during the period. Finally, Achmea Investment Management B.V. grew its holdings in shares of Lennox International by 2.8% during the 2nd quarter. Achmea Investment Management B.V. now owns 93,893 shares of the construction company’s stock worth $53,823,000 after purchasing an additional 2,555 shares in the last quarter. 67.07% of the stock is owned by institutional investors.

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.