Jupiter Topco LLC Purchases Shares of 3,113 Lennox International, Inc. $LII

Jupiter Topco LLC purchased a new stake in Lennox International, Inc. (NYSE:LII - Free Report) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 3,113 shares of the construction company's stock, valued at approximately $1,785,000.

Several other institutional investors and hedge funds also recently modified their holdings of LII. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in Lennox International in the 2nd quarter valued at $10,596,000. Legal & General Group Plc acquired a new position in shares of Lennox International during the 2nd quarter worth about $54,927,000. Bank of Nova Scotia acquired a new position in shares of Lennox International during the 2nd quarter worth about $1,892,000. Deutsche Bank AG bought a new position in shares of Lennox International in the 2nd quarter valued at about $159,181,000. Finally, Hsbc Holdings PLC bought a new position in shares of Lennox International in the 2nd quarter valued at about $38,210,000. 67.07% of the stock is owned by institutional investors and hedge funds.

Lennox International Stock Up 3.1%

Lennox International stock opened at $385.43 on Friday. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.57 and a quick ratio of 0.77. The company's 50-day moving average is $476.64 and its 200-day moving average is $496.58. The firm has a market capitalization of $13.32 billion, a PE ratio of 17.42, a P/E/G ratio of 1.47 and a beta of 1.18. Lennox International, Inc. has a fifty-two week low of $371.65 and a fifty-two week high of $587.27.

Lennox International (NYSE:LII - Get Free Report) last issued its earnings results on Wednesday, July 29th. The construction company reported $7.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.67 by $0.05. Lennox International had a net margin of 14.61% and a return on equity of 66.42%. The business had revenue of $1.55 billion during the quarter, compared to the consensus estimate of $1.56 billion. During the same period last year, the business posted $7.82 EPS. Lennox International's revenue was up 3.0% on a year-over-year basis. Lennox International has set its FY 2026 guidance at 23.000-24.000 EPS. Sell-side analysts anticipate that Lennox International, Inc. will post 23.69 earnings per share for the current year.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. William Blair reiterated an "outperform" rating on shares of Lennox International in a report on Wednesday, July 29th. The Goldman Sachs Group decreased their price target 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. Weiss Ratings lowered Lennox International from a "hold (c+)" rating to a "hold (c)" rating in a research report on Tuesday, August 11th. Morgan Stanley dropped their price objective on Lennox International from $450.00 to $375.00 and set an "underweight" rating on the stock in a research note on Thursday. Finally, Royal Bank Of Canada cut 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. Five 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. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $540.33.

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.

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