Brokerages Set Lennox International, Inc. (NYSE:LII) Target Price at $596.83

Lennox International, Inc. (NYSE:LII) has been assigned a consensus recommendation of “Hold” from the fifteen analysts that are currently covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, nine have issued a hold rating and four have assigned a buy rating to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $593.25.

LII has been the topic of a number of analyst reports. Wolfe Research raised Lennox International from an “underperform” rating to a “peer perform” rating in a research report on Thursday, November 13th. UBS Group initiated coverage on shares of Lennox International in a report on Monday. They issued a “neutral” rating and a $530.00 target price on the stock. Oppenheimer lowered their price target on shares of Lennox International from $730.00 to $675.00 and set an “outperform” rating for the company in a report on Wednesday, September 17th. Weiss Ratings downgraded shares of Lennox International from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Saturday, October 25th. Finally, Mizuho decreased their price objective on shares of Lennox International from $650.00 to $565.00 and set a “neutral” rating for the company in a research report on Friday, October 17th.

Lennox International Price Performance

Lennox International stock opened at $505.21 on Monday. The firm has a market cap of $17.72 billion, a PE ratio of 21.33, a price-to-earnings-growth ratio of 1.93 and a beta of 1.18. Lennox International has a 52-week low of $443.19 and a 52-week high of $689.44. The company has a quick ratio of 0.80, a current ratio of 1.68 and a debt-to-equity ratio of 0.78. The company’s 50 day moving average is $490.65 and its two-hundred day moving average is $542.07.

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

Lennox International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st will be issued a dividend of $1.30 per share. This represents a $5.20 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Wednesday, December 31st. Lennox International’s payout ratio is 21.95%.

Insider Activity

In other news, Director Todd J. Teske sold 600 shares of the 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 transaction, the director owned 7,581 shares in the company, valued at approximately $3,728,714.85. This represents a 7.33% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 9.73% of the company’s stock.

Hedge Funds Weigh In On Lennox International

Several hedge funds have recently added to or reduced their stakes in the stock. United Services Automobile Association purchased a new stake in shares of Lennox International during the 1st quarter worth approximately $410,000. Strs Ohio purchased a new stake in Lennox International in the first quarter valued at $1,419,000. AG2R LA Mondiale Gestion D Actifs acquired a new position in Lennox International in the first quarter valued at $1,389,000. Thurston Springer Miller Herd & Titak Inc. boosted its stake in Lennox International by 175.9% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 80 shares of the construction company’s stock valued at $46,000 after acquiring an additional 51 shares in the last quarter. Finally, Farther Finance Advisors LLC grew its holdings in shares of Lennox International by 8.3% during the second quarter. Farther Finance Advisors LLC now owns 624 shares of the construction company’s stock worth $358,000 after purchasing an additional 48 shares during the last quarter. 67.07% of the stock is currently owned by hedge funds and other 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.