Lennox International Inc. (NYSE:LII) Receives Consensus Recommendation of "Hold" from Analysts

Shares of Lennox International Inc. (NYSE:LII - Get Free Report) have earned an average recommendation of "Hold" from the fourteen analysts that are covering the firm, MarketBeat reports. Four analysts have rated the stock with a sell rating, five have issued a hold rating and five have issued a buy rating on the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $577.00.

A number of equities analysts have commented on LII shares. Royal Bank of Canada lifted their price objective on shares of Lennox International from $580.00 to $582.00 and gave the stock a "sector perform" rating in a research note on Thursday, April 24th. Oppenheimer raised Lennox International from a "market perform" rating to an "outperform" rating and set a $600.00 price objective on the stock in a research note on Thursday, April 24th. Stephens reiterated an "overweight" rating and issued a $750.00 target price on shares of Lennox International in a report on Friday, March 7th. Mizuho downgraded Lennox International from an "outperform" rating to a "neutral" rating and lowered their price target for the stock from $675.00 to $625.00 in a research report on Thursday, January 30th. Finally, Morgan Stanley cut their price objective on shares of Lennox International from $585.00 to $450.00 and set an "underweight" rating on the stock in a research report on Thursday, April 24th.

Lennox International Price Performance

NYSE:LII traded up $0.19 on Wednesday, reaching $561.70. 18,760 shares of the company's stock traded hands, compared to its average volume of 352,105. The firm has a market cap of $19.93 billion, a PE ratio of 24.84, a P/E/G ratio of 2.36 and a beta of 1.18. The company has a quick ratio of 0.90, a current ratio of 1.43 and a debt-to-equity ratio of 0.98. The stock has a 50-day simple moving average of $562.92 and a 200-day simple moving average of $604.93. Lennox International has a 12 month low of $463.66 and a 12 month high of $682.50.

Lennox International (NYSE:LII - Get Free Report) last released its quarterly earnings data on Wednesday, April 23rd. The construction company reported $3.37 EPS for the quarter, beating the consensus estimate of $3.25 by $0.12. Lennox International had a net margin of 15.11% and a return on equity of 126.79%. The business had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1 billion. During the same quarter in the prior year, the firm earned $3.47 EPS. The business's revenue was up 2.4% on a year-over-year basis. Equities research analysts forecast that Lennox International will post 22.94 earnings per share for the current year.

Lennox International Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Wednesday, April 30th will be paid a dividend of $1.15 per share. The ex-dividend date is Wednesday, April 30th. This represents a $4.60 annualized dividend and a yield of 0.82%. Lennox International's dividend payout ratio (DPR) is 20.50%.

Insider Buying and Selling at Lennox International

In other news, CAO Chris Kosel sold 194 shares of the firm's stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $644.20, for a total value of $124,974.80. Following the completion of the transaction, the chief accounting officer now directly owns 1,282 shares in the company, valued at $825,864.40. This trade represents a 13.14 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 10.40% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Lennox International

Institutional investors have recently bought and sold shares of the business. Geode Capital Management LLC raised its holdings in shares of Lennox International by 55.7% during the fourth quarter. Geode Capital Management LLC now owns 889,032 shares of the construction company's stock worth $542,374,000 after purchasing an additional 317,937 shares during the last quarter. GAMMA Investing LLC raised its position in Lennox International by 69,429.8% during the first quarter. GAMMA Investing LLC now owns 356,688 shares of the construction company's stock valued at $200,041,000 after acquiring an additional 356,175 shares in the last quarter. Captrust Financial Advisors boosted its position in Lennox International by 500.0% in the 4th quarter. Captrust Financial Advisors now owns 94,086 shares of the construction company's stock worth $57,326,000 after purchasing an additional 78,406 shares in the last quarter. Achmea Investment Management B.V. grew its stake in shares of Lennox International by 22.4% during the 1st quarter. Achmea Investment Management B.V. now owns 91,338 shares of the construction company's stock worth $51,225,000 after purchasing an additional 16,711 shares during the period. Finally, BNP Paribas Financial Markets lifted its stake in shares of Lennox International by 227.4% in the 4th quarter. BNP Paribas Financial Markets now owns 76,149 shares of the construction company's stock valued at $46,398,000 after purchasing an additional 52,888 shares during the period. 67.07% of the stock is owned by hedge funds and other institutional investors.

About Lennox International

Lennox International Inc, together with its subsidiaries, designs, manufactures, and markets a range of products for the heating, ventilation, air conditioning, and refrigeration markets in the United States, Canada, and internationally. The Home Comfort Solutions segment provides furnaces, air conditioners, heat pumps, packaged heating and cooling systems, indoor air quality equipment, comfort control products, and replacement parts and supplies; residential heating, ventilation, cooling equipment, and air conditioning; and evaporator coils and unit heaters under Lennox, Dave Lennox Signature Collection, Armstrong Air, Ducane, AirEase, Concord, MagicPak, Advanced Distributor Products, Allied, Elite Series, Merit Series, Comfort Sync, Healthy Climate, iComfort, ComfortSense, and Lennox Stores name.