Lennox International (NYSE:LII) Share Price Passes Above 200-Day Moving Average – Here’s What Happened

Lennox International, Inc. (NYSE:LII)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $514.76 and traded as high as $562.00. Lennox International shares last traded at $549.4430, with a volume of 541,903 shares changing hands.

Wall Street Analyst Weigh In

A number of brokerages recently commented on LII. Royal Bank Of Canada lifted their price objective on Lennox International from $485.00 to $579.00 and gave the stock a “sector perform” rating in a research report on Thursday, April 30th. Barclays cut their target price on Lennox International from $600.00 to $597.00 and set an “overweight” rating for the company in a research note on Thursday, April 30th. Weiss Ratings upgraded Lennox International from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, June 18th. Vertical Research raised shares of Lennox International from a “hold” rating to a “buy” rating and set a $600.00 price target on the stock in a research report on Thursday, April 30th. Finally, BNP Paribas Exane started 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. Four research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $556.55.

Lennox International Stock Performance

The company has a debt-to-equity ratio of 0.94, a current ratio of 1.57 and a quick ratio of 0.64. The company has a market cap of $18.88 billion, a price-to-earnings ratio of 24.38, a PEG ratio of 2.09 and a beta of 1.16. The firm has a 50 day simple moving average of $526.95 and a 200-day simple moving average of $515.18.

Lennox International (NYSE:LII) last released its quarterly earnings results on Wednesday, April 29th. The construction company reported $3.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.16 by $0.19. Lennox International had a net margin of 14.89% and a return on equity of 73.27%. The business had revenue of $1.14 billion for the quarter, compared to the consensus estimate of $1.07 billion. During the same period in the previous year, the firm earned $3.63 EPS. The business’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. As a group, analysts predict that Lennox International, Inc. will post 24.43 EPS for the current fiscal year.

Lennox International Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were issued a $1.36 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $5.44 annualized dividend and a dividend yield of 1.0%. This is a boost from Lennox International’s previous quarterly dividend of $1.30. Lennox International’s dividend payout ratio (DPR) is presently 24.48%.

Insider Transactions at Lennox International

In other Lennox International news, CAO Chris Kosel sold 971 shares of Lennox International stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $544.80, for a total value of $529,000.80. Following the completion of the transaction, the chief accounting officer directly owned 1,090 shares of the company’s stock, valued at $593,832. The trade was a 47.11% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 9.80% of the company’s stock.

Institutional Trading of Lennox International

Several hedge funds have recently made changes to their positions in the business. California State Teachers Retirement System grew its holdings in shares of Lennox International by 6.1% in the second quarter. California State Teachers Retirement System now owns 48,533 shares of the construction company’s stock valued at $27,821,000 after purchasing an additional 2,785 shares in the last quarter. Ameriprise Financial Inc. boosted its position in Lennox International by 296.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 71,815 shares of the construction company’s stock valued at $41,168,000 after buying an additional 53,679 shares during the period. Lazard Asset Management LLC boosted its position in Lennox International by 111.1% in the 2nd quarter. Lazard Asset Management LLC now owns 18,659 shares of the construction company’s stock valued at $10,696,000 after buying an additional 9,818 shares during the period. State of Tennessee Department of Treasury grew its stake in shares of Lennox International by 75.2% in the second quarter. State of Tennessee Department of Treasury now owns 7,082 shares of the construction company’s stock worth $4,060,000 after acquiring an additional 3,039 shares in the last quarter. Finally, MUFG Securities EMEA plc acquired a new position in shares of Lennox International in the second quarter worth $54,000. Institutional investors and hedge funds own 67.07% of the company’s stock.

Lennox International Company 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.