B. Metzler seel. Sohn & Co. AG Invests $6.93 Million in Lennox International, Inc. $LII

Key Points

• B. Metzler seel. Sohn & Co. AG acquired 12,092 Lennox International shares worth approximately $6.93 million in the second quarter. Institutional investors collectively own 67.07% of the company.
• Analyst sentiment is mixed: Lennox has five Buy, nine Hold and two Sell ratings, resulting in an overall Hold rating and an average price target of $546.58.
• Lennox reported quarterly earnings of $7.72 per share, slightly above estimates, while revenue reached $1.55 billion and rose 3% year over year. The stock opened at $402.99, near its 12-month low of $402.44.

B. Metzler seel. Sohn & Co. AG acquired a new stake in shares of Lennox International, Inc. (NYSE:LII - Free Report) during the second quarter, according to its most recent disclosure with the SEC. The fund acquired 12,092 shares of the construction company's stock, valued at approximately $6,928,000.

A number of other hedge funds also recently made changes to their positions in LII. Nicholas Company Inc. boosted its stake in shares of Lennox International by 0.4% in the fourth quarter. Nicholas Company Inc. now owns 6,600 shares of the construction company's stock worth $3,205,000 after acquiring an additional 25 shares during the period. Huntington National Bank raised its stake in Lennox International by 51.8% during the fourth quarter. Huntington National Bank now owns 85 shares of the construction company's stock valued at $41,000 after purchasing an additional 29 shares in the last quarter. Glenmede Trust Co. NA raised its position in Lennox International by 4.0% during the first quarter. Glenmede Trust Co. NA now owns 907 shares of the construction company's stock valued at $421,000 after purchasing an additional 35 shares during the period. Valeo Financial Advisors LLC increased its position in Lennox International by 10.3% during the fourth quarter. Valeo Financial Advisors LLC now owns 418 shares of the construction company's stock valued at $203,000 after acquiring an additional 39 shares during the last quarter. Finally, Root Financial Partners LLC raised its stake in shares of Lennox International by 137.9% in the first quarter. Root Financial Partners LLC now owns 69 shares of the construction company's stock valued at $32,000 after acquiring an additional 40 shares during the period. 67.07% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. Barclays lowered their target price on shares of Lennox International from $600.00 to $597.00 and set an "overweight" rating for the company in a report on Thursday, April 30th. Weiss Ratings downgraded shares of Lennox International from a "hold (c+)" rating to a "hold (c)" rating in a report on Tuesday, August 11th. Vertical Research raised shares of Lennox International from a "hold" rating to a "buy" rating and set a $600.00 price objective on the stock in a research report on Thursday, April 30th. Royal Bank Of Canada dropped their price objective on Lennox International from $579.00 to $469.00 and set a "sector perform" rating for the company in a report on Thursday, July 30th. Finally, The Goldman Sachs Group reduced their price target on shares of Lennox International from $625.00 to $547.00 and set a "buy" rating on the stock in a research note on Friday, July 31st. Five equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, Lennox International currently has an average rating of "Hold" and an average price target of $546.58.

Lennox International Price Performance

Shares of NYSE:LII opened at $402.99 on Friday. The company's 50 day moving average is $503.21 and its 200 day moving average is $506.11. The company has a market cap of $13.93 billion, a PE ratio of 18.22, a price-to-earnings-growth ratio of 1.60 and a beta of 1.19. The company has a current ratio of 1.57, a quick ratio of 0.77 and a debt-to-equity ratio of 0.89. Lennox International, Inc. has a twelve month low of $402.44 and a twelve month high of $597.81.

Lennox International (NYSE:LII - Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The construction company reported $7.72 earnings per share for the quarter, beating analysts' consensus estimates of $7.67 by $0.05. The company had revenue of $1.55 billion during the quarter, compared to analysts' expectations of $1.56 billion. Lennox International had a net margin of 14.61% and a return on equity of 66.42%. The firm's revenue for the quarter was up 3.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $7.82 earnings per share. Lennox International has set its FY 2026 guidance at 23.000-24.000 EPS. On average, sell-side analysts forecast that Lennox International, Inc. will post 23.69 EPS for the current year.

Lennox International Profile

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.

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.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source