Lennox International (NYSE:LII) Upgraded to Hold at Wall Street Zen

Wall Street Zen upgraded shares of Lennox International (NYSE:LII) from a sell rating to a hold rating in a research report released on Saturday.

LII has been the topic of several other research reports. JPMorgan Chase & Co. increased their target price on Lennox International from $493.00 to $541.00 and gave the company an “underweight” rating in a research note on Friday, January 16th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Lennox International in a research note on Thursday, January 22nd. Wells Fargo & Company increased their price target on shares of Lennox International from $520.00 to $560.00 and gave the company an “equal weight” rating in a research report on Thursday. Oppenheimer lifted their price objective on shares of Lennox International from $630.00 to $645.00 and gave the stock an “outperform” rating in a research note on Thursday. Finally, Wolfe Research upgraded shares of Lennox International from an “underperform” rating to a “peer perform” rating in a report on Thursday, November 13th. Four equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, Lennox International presently has a consensus rating of “Hold” and a consensus target price of $579.64.

Lennox International Price Performance

LII opened at $517.44 on Friday. The company has a fifty day moving average price of $527.15 and a two-hundred day moving average price of $521.06. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.63 and a current ratio of 1.60. Lennox International has a 52 week low of $443.19 and a 52 week high of $689.44. The firm has a market capitalization of $18.01 billion, a PE ratio of 23.27, a P/E/G ratio of 2.00 and a beta of 1.16.

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

Insider Activity

In related news, Director Todd J. Teske sold 700 shares of the business’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 completion of the transaction, the director directly owned 6,881 shares in the company, valued at approximately $3,670,669.45. The trade was a 9.23% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Chris Kosel sold 254 shares of the stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of $536.50, for a total value of $136,271.00. Following the sale, the chief accounting officer directly owned 1,090 shares of the company’s stock, valued at approximately $584,785. The trade was a 18.90% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 1,054 shares of company stock worth $563,687 in the last 90 days. Corporate insiders own 9.73% of the company’s stock.

Hedge Funds Weigh In On Lennox International

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Pacer Advisors Inc. raised its stake in shares of Lennox International by 45.8% in the 4th quarter. Pacer Advisors Inc. now owns 6,667 shares of the construction company’s stock valued at $3,237,000 after purchasing an additional 2,095 shares during the period. Jump Financial LLC acquired a new stake in Lennox International in the 4th quarter valued at approximately $675,000. Quantitative Investment Management LLC raised its position in Lennox International by 170.9% in the 4th quarter. Quantitative Investment Management LLC now owns 1,276 shares of the construction company’s stock valued at $619,000 after buying an additional 805 shares during the last quarter. Van ECK Associates Corp lifted its stake in Lennox International by 10.3% in the 4th quarter. Van ECK Associates Corp now owns 7,776 shares of the construction company’s stock valued at $3,776,000 after acquiring an additional 726 shares in the last quarter. Finally, Brown Brothers Harriman & Co. lifted its stake in Lennox International by 54.1% in the 4th quarter. Brown Brothers Harriman & Co. now owns 410 shares of the construction company’s stock valued at $199,000 after acquiring an additional 144 shares in the last quarter. 67.07% of the stock is owned by institutional investors and hedge funds.

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.