Lennox International, Inc. (NYSE:LII) Given Consensus Recommendation of "Hold" by Brokerages

Key Points

• Lennox International has a consensus “Hold” rating from 16 brokerages: nine analysts rate it a hold, five recommend buying, and two recommend selling. The average 12-month price target is $540.33.
• The stock opened at $365.98, near its one-year low of $365.70, after several analysts cut their price targets. Recent targets range from $375 by Morgan Stanley to $547 by Goldman Sachs.
• Lennox slightly exceeded quarterly earnings expectations, reporting $7.72 in EPS versus the $7.67 consensus, while revenue rose 3% year over year to $1.55 billion. Institutional investors own 67.07% of the company’s shares.

Lennox International, Inc. (NYSE:LII - Get Free Report) has been assigned a consensus recommendation of "Hold" from the sixteen ratings firms that are presently covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating and five have given a buy rating to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $540.3333.

Several brokerages have recently issued reports on LII. The Goldman Sachs Group decreased their price target on shares of Lennox International from $625.00 to $547.00 and set a "buy" rating for the company in a report on Friday, July 31st. Royal Bank Of Canada dropped 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. Morgan Stanley reduced their target price on Lennox International from $450.00 to $375.00 and set an "underweight" rating on the stock in a report on Thursday, September 3rd. Weiss Ratings cut Lennox International from a "hold (c+)" rating to a "hold (c)" rating in a research note on Tuesday, August 11th. Finally, William Blair restated an "outperform" rating on shares of Lennox International in a report on Wednesday, July 29th.

Lennox International Trading Down 1.8%

NYSE:LII opened at $365.98 on Friday. Lennox International has a 1-year low of $365.70 and a 1-year high of $587.27. The business's 50-day moving average price is $453.88 and its two-hundred day moving average price is $489.49. The company has a current ratio of 1.57, a quick ratio of 0.77 and a debt-to-equity ratio of 0.89. The firm has a market capitalization of $12.65 billion, a price-to-earnings ratio of 16.55, a PEG ratio of 1.47 and a beta of 1.18.

Lennox International (NYSE:LII - Get Free Report) last posted 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 company had revenue of $1.55 billion during the quarter, compared to analyst estimates of $1.56 billion. During the same period in the previous year, the company earned $7.82 EPS. The company'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. On average, equities analysts expect that Lennox International will post 23.56 earnings per share for the current year.

Institutional Trading of Lennox International

A number of large investors have recently bought and sold shares of the business. California State Teachers Retirement System lifted its stake in Lennox International by 49,193.3% in the second quarter. California State Teachers Retirement System now owns 20,842,202 shares of the construction company's stock valued at $11,941,540,000 after buying an additional 20,799,920 shares in the last quarter. BlackRock Inc. bought a new stake in shares of Lennox International during the second quarter worth $1,704,846,000. Beacon Pointe Advisors LLC bought a new stake in shares of Lennox International during the second quarter worth $239,217,000. Bank of America Corp DE acquired a new stake in shares of Lennox International during the second quarter worth $196,075,000. Finally, Deutsche Bank AG acquired a new stake in shares of Lennox International during the second quarter worth $159,181,000. 67.07% of the stock is owned by institutional investors.

About Lennox International

Lennox International Inc NYSE: LII designs, manufactures and markets heating, ventilation, air conditioning and refrigeration products. Its offerings include residential furnaces, air conditioners, heat pumps, indoor air-quality systems, thermostats and related controls, as well as commercial heating and cooling equipment and refrigeration solutions.

The company serves residential and commercial customers through a network of independent dealers, distributors, contractors and other channel partners.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.