Analysts Set Lennox International, Inc. (NYSE:LII) PT at $575.46

Lennox International, Inc. (NYSE:LII) has earned a consensus rating of “Hold” from the seventeen ratings firms that are presently covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and five have given a buy rating to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $575.4615.

LII has been the topic of a number of recent research reports. Royal Bank Of Canada lifted their price target on Lennox International from $485.00 to $579.00 and gave the company a “sector perform” rating in a research note on Thursday, April 30th. Wall Street Zen raised Lennox International from a “sell” rating to a “hold” rating in a research note on Saturday, March 7th. BNP Paribas Exane assumed coverage on shares of Lennox International in a report on Tuesday, April 14th. They issued a “neutral” rating and a $535.00 price objective for the company. William Blair reiterated an “outperform” rating on shares of Lennox International in a research report on Thursday, March 5th. Finally, Vertical Research raised shares of Lennox International from a “hold” rating to a “buy” rating and set a $600.00 target price on the stock in a report on Thursday, April 30th.

Insider Buying and Selling

In other news, CAO Chris Kosel sold 971 shares of Lennox International stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $544.80, for a total transaction of $529,000.80. Following the completion of the transaction, the chief accounting officer directly owned 1,090 shares in the company, valued at $593,832. This trade represents a 47.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 9.80% of the company’s stock.

Hedge Funds Weigh In On Lennox International

A number of hedge funds have recently bought and sold shares of the company. Bank of New York Mellon Corp boosted its holdings in shares of Lennox International by 10.2% in the 4th quarter. Bank of New York Mellon Corp now owns 203,539 shares of the construction company’s stock worth $98,835,000 after buying an additional 18,901 shares during the last quarter. Ameriprise Financial Inc. grew its position in shares of Lennox International by 18.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 85,096 shares of the construction company’s stock valued at $45,043,000 after acquiring an additional 13,281 shares during the period. BNP Paribas Financial Markets increased its stake in shares of Lennox International by 3.5% during the 3rd quarter. BNP Paribas Financial Markets now owns 67,766 shares of the construction company’s stock worth $35,873,000 after purchasing an additional 2,276 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. increased its position in Lennox International by 0.7% in the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 62,868 shares of the construction company’s stock worth $29,179,000 after buying an additional 420 shares during the last quarter. Finally, SG Americas Securities LLC raised its stake in Lennox International by 78.0% in the 1st quarter. SG Americas Securities LLC now owns 56,797 shares of the construction company’s stock valued at $26,361,000 after acquiring an additional 24,893 shares during the period. 67.07% of the stock is owned by hedge funds and other institutional investors.

Lennox International Trading Up 0.1%

Shares of LII stock opened at $573.43 on Monday. The stock has a market cap of $19.96 billion, a P/E ratio of 25.81, a price-to-earnings-growth ratio of 2.18 and a beta of 1.16. Lennox International has a 1 year low of $434.06 and a 1 year high of $689.44. The company has a current ratio of 1.57, a quick ratio of 0.64 and a debt-to-equity ratio of 0.94. The stock has a 50 day simple moving average of $516.83 and a 200 day simple moving average of $510.54.

Lennox International (NYSE:LII) last issued its quarterly earnings results on Wednesday, April 29th. The construction company reported $3.35 EPS for the quarter, topping analysts’ consensus estimates of $3.16 by $0.19. Lennox International had a return on equity of 73.27% and a net margin of 14.89%.The company had revenue of $1.14 billion for the quarter, compared to analysts’ expectations of $1.07 billion. During the same quarter last year, the business earned $3.63 earnings per share. Lennox International’s revenue was up 5.8% on a year-over-year basis. Lennox International has set its FY 2026 guidance at 23.500-25.000 EPS. On average, research analysts predict that Lennox International will post 24.42 earnings per share for the current fiscal year.

Lennox International Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be paid a dividend of $1.36 per share. This is a boost from Lennox International’s previous quarterly dividend of $1.30. This represents a $5.44 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Tuesday, June 30th. Lennox International’s payout ratio is currently 24.48%.

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.