Korea Investment CORP Buys Shares of 3,187 Lennox International, Inc. $LII

Korea Investment CORP purchased a new position in shares of Lennox International, Inc. (NYSE:LII) in the 2nd quarter, Holdings Channel.com reports. The firm purchased 3,187 shares of the construction company’s stock, valued at approximately $1,826,000.

Other hedge funds have also recently modified their holdings of the company. Root Financial Partners LLC grew its position in Lennox International by 137.9% in the 1st quarter. Root Financial Partners LLC now owns 69 shares of the construction company’s stock valued at $32,000 after buying an additional 40 shares during the last quarter. N.E.W. Advisory Services LLC purchased a new position in Lennox International during the 2nd quarter worth $37,000. Huntington National Bank raised its position in Lennox International by 51.8% during the 4th quarter. Huntington National Bank now owns 85 shares of the construction company’s stock worth $41,000 after buying an additional 29 shares during the last quarter. Global Retirement Partners LLC acquired a new stake in shares of Lennox International in the 2nd quarter worth $50,000. Finally, MUFG Securities EMEA plc acquired a new stake in shares of Lennox International in the 2nd quarter worth $54,000. 67.07% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the stock. Weiss Ratings lowered shares of Lennox International from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, August 11th. Royal Bank Of Canada lowered their price objective on Lennox International from $579.00 to $469.00 and set a “sector perform” rating on the stock in a report on Thursday, July 30th. Wells Fargo & Company increased their target price on Lennox International from $480.00 to $555.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 30th. Vertical Research raised Lennox International from a “hold” rating to a “buy” rating and set a $600.00 price target for the company in a report on Thursday, April 30th. Finally, The Goldman Sachs Group decreased their price target on Lennox International from $625.00 to $547.00 and set a “buy” rating on the stock in a research note on Friday, July 31st. Five analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $546.58.

Lennox International Stock Down 0.9%

Shares of NYSE LII opened at $399.30 on Tuesday. The stock has a market capitalization of $13.80 billion, a price-to-earnings ratio of 18.05, a price-to-earnings-growth ratio of 1.58 and a beta of 1.19. Lennox International, Inc. has a 52 week low of $394.80 and a 52 week high of $590.99. The firm has a 50-day moving average price of $500.71 and a 200 day moving average price of $505.42. The company has a quick ratio of 0.77, a current ratio of 1.57 and a debt-to-equity ratio of 0.89.

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

Lennox International 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.