Brokerages Set Lennox International, Inc. (NYSE:LII) PT at $623.33

Lennox International, Inc. (NYSE:LII) has received a consensus rating of “Hold” from the fourteen ratings firms that are covering the stock, Marketbeat.com reports. Four analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and five have issued a buy recommendation on the company. The average 1-year price target among analysts that have covered the stock in the last year is $623.3333.

Several brokerages recently weighed in on LII. The Goldman Sachs Group raised their price objective on shares of Lennox International from $619.00 to $691.00 and gave the company a “buy” rating in a research report on Tuesday, July 8th. Barclays cut their price objective on shares of Lennox International from $753.00 to $730.00 and set an “overweight” rating on the stock in a research report on Tuesday, September 16th. Wells Fargo & Company raised their price objective on shares of Lennox International from $550.00 to $675.00 and gave the company an “underweight” rating in a research report on Thursday, July 24th. UBS Group cut their price objective on shares of Lennox International from $676.00 to $610.00 and set a “neutral” rating on the stock in a research report on Tuesday, September 23rd. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Lennox International in a research report on Saturday, September 27th.

Insider Buying and Selling

In other news, EVP Daniel M. Sessa sold 2,782 shares of Lennox International stock in a transaction that occurred on Wednesday, July 23rd. The shares were sold at an average price of $670.04, for a total value of $1,864,051.28. Following the transaction, the executive vice president owned 31,574 shares of the company’s stock, valued at $21,155,842.96. This trade represents a 8.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Chris Kosel sold 300 shares of Lennox International stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $591.86, for a total transaction of $177,558.00. Following the completion of the transaction, the chief accounting officer directly owned 1,282 shares in the company, valued at approximately $758,764.52. This represents a 18.96% decrease in their position. The disclosure for this sale can be found here. Company insiders own 9.73% of the company’s stock.

Hedge Funds Weigh In On Lennox International

Institutional investors have recently modified their holdings of the company. Farther Finance Advisors LLC increased its position in Lennox International by 8.9% during the first quarter. Farther Finance Advisors LLC now owns 576 shares of the construction company’s stock worth $325,000 after acquiring an additional 47 shares during the period. GAMMA Investing LLC increased its position in Lennox International by 24.0% during the first quarter. GAMMA Investing LLC now owns 636 shares of the construction company’s stock worth $357,000 after acquiring an additional 123 shares during the period. United Services Automobile Association bought a new position in Lennox International during the first quarter worth $410,000. AG2R LA Mondiale Gestion D Actifs bought a new position in Lennox International during the first quarter worth $1,389,000. Finally, Strs Ohio bought a new position in Lennox International during the first quarter worth $1,419,000. Institutional investors own 67.07% of the company’s stock.

Lennox International Stock Performance

LII stock opened at $550.32 on Friday. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.71 and a current ratio of 1.41. The stock has a market cap of $19.33 billion, a P/E ratio of 23.53, a P/E/G ratio of 1.93 and a beta of 1.10. The firm has a 50 day simple moving average of $569.88 and a 200 day simple moving average of $570.81. Lennox International has a 52 week low of $500.10 and a 52 week high of $689.44.

Lennox International (NYSE:LII) last posted its quarterly earnings results on Wednesday, July 23rd. The construction company reported $7.82 EPS for the quarter, topping the consensus estimate of $6.90 by $0.92. The business had revenue of $1.50 billion during the quarter, compared to analysts’ expectations of $1.48 billion. Lennox International had a net margin of 15.41% and a return on equity of 99.81%. The firm’s quarterly revenue was up 3.4% compared to the same quarter last year. During the same period last year, the company posted $6.83 earnings per share. Lennox International has set its FY 2025 guidance at 23.250-24.250 EPS. Research analysts anticipate that Lennox International will post 22.94 earnings per share for the current fiscal year.

Lennox International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th will be given a $1.30 dividend. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $5.20 dividend on an annualized basis and a dividend yield of 0.9%. Lennox International’s dividend payout ratio (DPR) is currently 22.23%.

About Lennox International

Lennox International Inc, together with its subsidiaries, designs, manufactures, and markets a range of products for the heating, ventilation, air conditioning, and refrigeration markets in the United States, Canada, and internationally. The Home Comfort Solutions segment provides furnaces, air conditioners, heat pumps, packaged heating and cooling systems, indoor air quality equipment, comfort control products, and replacement parts and supplies; residential heating, ventilation, cooling equipment, and air conditioning; and evaporator coils and unit heaters under Lennox, Dave Lennox Signature Collection, Armstrong Air, Ducane, AirEase, Concord, MagicPak, Advanced Distributor Products, Allied, Elite Series, Merit Series, Comfort Sync, Healthy Climate, iComfort, ComfortSense, and Lennox Stores name.