Lennox International, Inc. (NYSE:LII – Get Free Report) has received a consensus rating of “Hold” from the sixteen ratings firms that are currently covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, nine have assigned a hold recommendation and five have issued a buy recommendation on the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $546.5833.
Several analysts have weighed in on LII shares. William Blair reissued an “outperform” rating on shares of Lennox International in a research note on Wednesday, July 29th. Royal Bank Of Canada reduced their price objective on Lennox International from $579.00 to $469.00 and set a “sector perform” rating on the stock in a research note on Thursday, July 30th. Vertical Research upgraded Lennox International from a “hold” rating to a “buy” rating and set a $600.00 price objective on the stock in a report on Thursday, April 30th. Barclays lowered 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. Finally, Wells Fargo & Company raised their price target on Lennox International from $480.00 to $555.00 and gave the stock an “equal weight” rating in a research report on Thursday, April 30th.
Check Out Our Latest Analysis on Lennox International
Lennox International Trading Down 3.3%
Lennox International (NYSE:LII – Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The construction company reported $7.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $1.56 billion. During the same quarter in the prior year, the company earned $7.82 EPS. The firm’s revenue was up 3.0% on a year-over-year basis. Lennox International has set its FY 2026 guidance at 23.000-24.000 EPS. As a group, analysts predict that Lennox International will post 23.69 earnings per share for the current fiscal year.
Institutional Trading of Lennox International
A number of institutional investors have recently made changes to their positions in the stock. BlackRock Inc. purchased a new stake in Lennox International during the 2nd quarter valued at $1,704,846,000. Beacon Pointe Advisors LLC purchased a new position in shares of Lennox International in the second quarter valued at about $239,217,000. Bank of America Corp DE bought a new position in shares of Lennox International during the second quarter valued at about $196,075,000. Deutsche Bank AG bought a new position in shares of Lennox International during the second quarter valued at about $159,181,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Lennox International by 3.2% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 240,782 shares of the construction company’s stock worth $137,956,000 after purchasing an additional 7,397 shares during the period. Hedge funds and other institutional investors own 67.07% of the company’s stock.
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.
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