QV Investors Inc. Has $11.30 Million Stock Position in Lennox International, Inc. $LII

QV Investors Inc. lifted its position in Lennox International, Inc. (NYSE:LII) by 159.0% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 19,724 shares of the construction company’s stock after buying an additional 12,110 shares during the quarter. QV Investors Inc.’s holdings in Lennox International were worth $11,301,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in LII. BlackRock Inc. purchased a new stake in shares of Lennox International in the 2nd quarter valued at approximately $1,704,846,000. Beacon Pointe Advisors LLC acquired a new position in Lennox International in the 2nd quarter worth approximately $239,217,000. Bank of America Corp DE purchased a new position in Lennox International during the 2nd quarter worth approximately $196,075,000. Deutsche Bank AG purchased a new position in Lennox International during the 2nd quarter worth approximately $159,181,000. Finally, Bank of New York Mellon Corp acquired a new stake in Lennox International during the 2nd quarter valued at $109,955,000. Institutional investors and hedge funds own 67.07% of the company’s stock.

Lennox International Price Performance

Lennox International stock opened at $393.39 on Monday. Lennox International, Inc. has a twelve month low of $387.45 and a twelve month high of $587.27. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.77 and a current ratio of 1.57. The firm has a market cap of $13.60 billion, a PE ratio of 17.78, a P/E/G ratio of 1.55 and a beta of 1.19. The firm’s 50 day moving average price is $489.88 and its two-hundred day moving average price is $501.59.

Lennox International (NYSE:LII) last issued its earnings results 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 analyst estimates of $1.56 billion. During the same quarter last year, the business posted $7.82 EPS. The company’s revenue for the quarter was up 3.0% on a year-over-year basis. Lennox International has set its FY 2026 guidance at 23.000-24.000 EPS. On average, research analysts predict that Lennox International, Inc. will post 23.69 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have recently issued reports on LII shares. The Goldman Sachs Group reduced their target price on Lennox International from $625.00 to $547.00 and set a “buy” rating for the company in a report on Friday, July 31st. Weiss Ratings downgraded Lennox International from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, August 11th. William Blair reissued an “outperform” rating on shares of Lennox International in a research report on Wednesday, July 29th. Finally, Royal Bank Of Canada reduced their price objective on Lennox International from $579.00 to $469.00 and set a “sector perform” rating for the company in a research note on Thursday, July 30th. Five 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 stock. According to MarketBeat.com, Lennox International currently has an average rating of “Hold” and an average 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.