Nykredit A S Buys New Stake in Lennox International, Inc. $LII

Nykredit A S purchased a new stake in Lennox International, Inc. (NYSE:LII - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 6,570 shares of the construction company's stock, valued at approximately $3,764,000.

Several other large investors also recently bought and sold shares of LII. BlackRock Inc. purchased a new position in shares of Lennox International during the second quarter worth about $1,704,846,000. Beacon Pointe Advisors LLC acquired a new position in shares of Lennox International in the 2nd quarter valued at $239,217,000. Bank of America Corp DE acquired a new position in shares of Lennox International in the 2nd quarter valued at $196,075,000. Deutsche Bank AG acquired a new position in shares of Lennox International in the 2nd quarter valued at $159,181,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Lennox International by 3.2% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 240,782 shares of the construction company's stock valued at $137,956,000 after purchasing an additional 7,397 shares during the last quarter. Institutional investors and hedge funds own 67.07% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft cut shares of Lennox International from a "buy" rating to a "hold" rating and decreased their price target for the stock from $609.00 to $444.00 in a research note on Monday, September 14th. Royal Bank Of Canada dropped their price target on Lennox International from $579.00 to $469.00 and set a "sector perform" rating on the stock in a research report on Thursday, July 30th. The Goldman Sachs Group reduced 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. Weiss Ratings cut Lennox International from a "hold (c+)" rating to a "hold (c)" rating in a research report on Tuesday, August 11th. Finally, William Blair reissued an "outperform" rating on shares of Lennox International in a report on Wednesday, July 29th. Five analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $532.92.

Lennox International Stock Up 2.3%

LII opened at $371.99 on Wednesday. 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 company has a market cap of $12.86 billion, a price-to-earnings ratio of 16.82, a PEG ratio of 1.44 and a beta of 1.18. Lennox International, Inc. has a one year low of $350.22 and a one year high of $587.27. The business's fifty day moving average is $427.36 and its two-hundred day moving average is $479.61.

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 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 firm 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 firm posted $7.82 EPS. The firm'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. Analysts anticipate that Lennox International, Inc. will post 23.54 EPS for the current fiscal year.

Lennox International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th will be issued a dividend of $1.36 per share. This represents a $5.44 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date is Wednesday, September 30th. Lennox International's dividend payout ratio is 24.59%.

Lennox International Company Profile

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.

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