Sone Capital Management LLC Invests $3.94 Million in Lennox International, Inc. $LII

Sone Capital Management LLC bought a new stake in Lennox International, Inc. (NYSE:LII) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 6,874 shares of the construction company’s stock, valued at approximately $3,938,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. Peak Asset Management LLC bought a new position in Lennox International during the second quarter worth about $401,000. Cibc World Market Inc. bought a new stake in Lennox International in the 2nd quarter valued at about $371,000. OMERS ADMINISTRATION Corp acquired a new position in shares of Lennox International during the 2nd quarter worth approximately $2,864,000. Sanctuary Advisors LLC acquired a new position in shares of Lennox International during the 2nd quarter worth approximately $3,738,000. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of Lennox International during the second quarter worth approximately $10,596,000. 67.07% of the stock is currently owned by institutional investors and hedge funds.

Lennox International Price Performance

LII stock opened at $399.30 on Tuesday. The company has a market capitalization of $13.80 billion, a P/E ratio of 18.05, a PEG ratio of 1.58 and a beta of 1.19. The company has a fifty day moving average price of $500.71 and a 200-day moving average price of $505.42. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.77 and a current ratio of 1.57. Lennox International, Inc. has a 52-week low of $394.80 and a 52-week high of $590.99.

Lennox International (NYSE:LII) last announced its earnings results on Wednesday, July 29th. The construction company reported $7.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.67 by $0.05. Lennox International had a return on equity of 66.42% and a net margin of 14.61%.The business had revenue of $1.55 billion during the quarter, compared to analyst estimates of $1.56 billion. During the same period last year, the company earned $7.82 EPS. Lennox International’s revenue for the quarter was up 3.0% compared to the same quarter last year. Lennox International has set its FY 2026 guidance at 23.000-24.000 EPS. As a group, equities analysts expect that Lennox International, Inc. will post 23.69 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the stock. Vertical Research upgraded shares of Lennox International from a “hold” rating to a “buy” rating and set a $600.00 price target for the company in a research report on Thursday, April 30th. Weiss Ratings lowered Lennox International from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, August 11th. William Blair reaffirmed an “outperform” rating on shares of Lennox International in a report on Wednesday, July 29th. Wells Fargo & Company upped their target price on Lennox International from $480.00 to $555.00 and gave the company an “equal weight” rating in a research report on Thursday, April 30th. Finally, Royal Bank Of Canada reduced their target price on Lennox International from $579.00 to $469.00 and set a “sector perform” rating on the stock in a report on Thursday, July 30th. Five equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, Lennox International presently has a consensus rating of “Hold” and a consensus price target of $546.58.

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.