Danske Bank A S purchased a new position in Lennox International, Inc. (NYSE:LII - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 10,274 shares of the construction company's stock, valued at approximately $5,886,000.
A number of other institutional investors and hedge funds also recently made changes to their positions in LII. N.E.W. Advisory Services LLC bought a new position in shares of Lennox International during the 2nd quarter valued at about $37,000. Root Financial Partners LLC boosted its stake in Lennox International by 137.9% in the 1st quarter. Root Financial Partners LLC now owns 69 shares of the construction company's stock worth $32,000 after purchasing an additional 40 shares in the last quarter. Huntington National Bank grew its holdings in shares of 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 buying an additional 29 shares during the last quarter. Global Retirement Partners LLC bought a new stake in shares of Lennox International in the second quarter worth approximately $50,000. Finally, MUFG Securities EMEA plc bought a new position in Lennox International in the second quarter valued at about $54,000. Hedge funds and other institutional investors own 67.07% of the company's stock.
Lennox International Stock Down 0.8%
LII opened at $402.99 on Friday. The company has a fifty day moving average of $503.21 and a two-hundred day moving average of $506.11. The stock has a market capitalization of $13.93 billion, a price-to-earnings ratio of 18.22, a PEG ratio of 1.60 and a beta of 1.19. Lennox International, Inc. has a fifty-two week low of $402.44 and a fifty-two week high of $597.81. 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 (NYSE:LII - Get Free Report) last released its quarterly 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 firm had revenue of $1.55 billion for the quarter, compared to analysts' expectations of $1.56 billion. During the same quarter last year, the company earned $7.82 EPS. The firm'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, research analysts expect that Lennox International, Inc. will post 23.69 earnings per share for the current year.
Wall Street Analyst Weigh In
LII has been the subject of a number of recent analyst reports. The Goldman Sachs Group dropped their price objective on Lennox International from $625.00 to $547.00 and set a "buy" rating for the company in a research note on Friday, July 31st. Royal Bank Of Canada lowered 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. Wells Fargo & Company increased their target price on shares of Lennox International from $480.00 to $555.00 and gave the company an "equal weight" rating in a research note on Thursday, April 30th. Vertical Research upgraded Lennox International from a "hold" rating to a "buy" rating and set a $600.00 target price for the company in a research report on Thursday, April 30th. Finally, Weiss Ratings lowered Lennox International from a "hold (c+)" rating to a "hold (c)" rating in a research report on Tuesday, August 11th. Five analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $546.58.
Get Our Latest Report on Lennox International
Lennox International Company Profile
(
Free Report)
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.
See Also
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