Lennox International (NYSE:LII) Downgraded to “Sell” Rating by Wall Street Zen

Wall Street Zen cut shares of Lennox International (NYSE:LII) from a hold rating to a sell rating in a report issued on Saturday morning.

Several other research firms also recently commented on LII. Barclays decreased their target price on shares of Lennox International from $680.00 to $667.00 and set an “overweight” rating for the company in a research report on Wednesday, January 7th. Wells Fargo & Company decreased their price objective on Lennox International from $525.00 to $520.00 and set an “equal weight” rating for the company in a report on Thursday, January 29th. Northcoast Research upgraded Lennox International from a “sell” rating to a “neutral” rating and set a $525.00 target price on the stock in a report on Monday, October 27th. Wolfe Research raised Lennox International from an “underperform” rating to a “peer perform” rating in a research report on Thursday, November 13th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Lennox International in a research report on Thursday, January 22nd. Four research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $593.00.

Lennox International Trading Up 2.0%

NYSE LII opened at $561.51 on Friday. 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 52 week low of $443.19 and a 52 week high of $689.44. The business has a 50 day moving average price of $516.53 and a 200-day moving average price of $524.39. The company has a market cap of $19.54 billion, a price-to-earnings ratio of 25.25, a P/E/G ratio of 2.17 and a beta of 1.18.

Lennox International (NYSE:LII) last posted its quarterly earnings results 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). The business had revenue of $1.20 billion during the quarter, compared to analyst estimates of $1.27 billion. Lennox International had a net margin of 15.13% and a return on equity of 80.23%. The business’s revenue for the quarter was down 11.2% compared to the same quarter last year. During the same period in the previous year, the business posted $5.60 EPS. Lennox International has set its FY 2026 guidance at 23.500-25.000 EPS. As a group, equities analysts expect that Lennox International will post 22.94 earnings per share for the current fiscal year.

Lennox International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Wednesday, December 31st were given a dividend of $1.30 per share. This represents a $5.20 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend was Wednesday, December 31st. Lennox International’s dividend payout ratio (DPR) is presently 23.38%.

Insider Buying and Selling at Lennox International

In related news, Director Todd J. Teske sold 700 shares of the business’s stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $533.45, for a total value of $373,415.00. Following the transaction, the director directly owned 6,881 shares of the company’s stock, valued at approximately $3,670,669.45. The trade was a 9.23% decrease in their position. The sale was disclosed in a filing 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 dated Wednesday, February 4th. The shares were sold at an average price of $536.50, for a total transaction of $136,271.00. Following the transaction, the chief accounting officer owned 1,090 shares of the company’s stock, valued at approximately $584,785. The trade was a 18.90% decrease in their position. The SEC filing for this sale provides additional information. 9.73% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of LII. Nicholas Company Inc. raised its holdings in shares of Lennox International by 0.4% in the 4th quarter. Nicholas Company Inc. now owns 6,600 shares of the construction company’s stock worth $3,205,000 after purchasing an additional 25 shares during the period. Eukles Asset Management increased its position in Lennox International by 2.8% in the second quarter. Eukles Asset Management now owns 1,019 shares of the construction company’s stock worth $584,000 after buying an additional 28 shares during the last quarter. Huntington National Bank raised its stake in shares of Lennox International by 51.8% in the fourth quarter. Huntington National Bank now owns 85 shares of the construction company’s stock valued at $41,000 after buying an additional 29 shares during the period. QV Investors Inc. lifted its position in shares of Lennox International by 0.6% during the 2nd quarter. QV Investors Inc. now owns 5,089 shares of the construction company’s stock valued at $2,917,000 after buying an additional 30 shares during the last quarter. Finally, First Horizon Advisors Inc. lifted its position in shares of Lennox International by 52.9% during the 2nd quarter. First Horizon Advisors Inc. now owns 107 shares of the construction company’s stock valued at $61,000 after buying an additional 37 shares during 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.