Lennox International, Inc. (NYSE:LII) Receives Consensus Rating of "Hold" from Brokerages

Key Points

• Lennox International, Inc. has received a consensus rating of "Hold" from thirteen brokerages, with four sell ratings, five hold ratings, and four buy ratings.
• The company's recent quarterly earnings report showed an EPS of $7.82, beating estimates by $0.92, and revenue increased by 3.4% year-over-year.
• Lennox International declared a quarterly dividend of $1.30 per share, which will be paid on October 15th, with an annualized yield of 1.0%.

Lennox International, Inc. (NYSE:LII - Get Free Report) has been given a consensus rating of "Hold" by the thirteen ratings firms that are presently covering the company, Marketbeat Ratings reports. Four analysts have rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $623.3333.

Several brokerages recently weighed in on LII. Wells Fargo & Company boosted their target price on Lennox International from $550.00 to $675.00 and gave the stock an "underweight" rating in a research note on Thursday, July 24th. The Goldman Sachs Group boosted their target price on Lennox International from $619.00 to $691.00 and gave the stock a "buy" rating in a research note on Tuesday, July 8th. Barclays dropped their target price on Lennox International from $753.00 to $730.00 and set an "overweight" rating on the stock in a research note on Tuesday, September 16th. Robert W. Baird boosted their target price on Lennox International from $600.00 to $668.00 and gave the stock a "neutral" rating in a research note on Thursday, July 17th. Finally, UBS Group dropped their target price on Lennox International from $676.00 to $610.00 and set a "neutral" rating on the stock in a research note on Tuesday.

Lennox International Trading Up 1.1%

Shares of NYSE LII opened at $522.07 on Friday. Lennox International has a twelve month low of $500.10 and a twelve month high of $689.44. The business has a fifty day simple moving average of $580.30 and a two-hundred day simple moving average of $572.11. The firm has a market cap of $18.34 billion, a PE ratio of 22.32, a price-to-earnings-growth ratio of 1.82 and a beta of 1.11. The company has a quick ratio of 0.71, a current ratio of 1.41 and a debt-to-equity ratio of 0.93.

Lennox International (NYSE:LII - Get Free Report) last announced its quarterly earnings results on Wednesday, July 23rd. The construction company reported $7.82 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $6.90 by $0.92. Lennox International had a return on equity of 99.81% and a net margin of 15.41%.The business had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.48 billion. During the same period last year, the business posted $6.83 EPS. The business's revenue was up 3.4% compared to the same quarter last year. Lennox International has set its FY 2025 guidance at 23.250-24.250 EPS. Analysts expect that Lennox International will post 22.94 earnings per share for the current fiscal year.

Lennox International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th will be paid a dividend of $1.30 per share. This represents a $5.20 annualized dividend and a yield of 1.0%. The ex-dividend date is Tuesday, September 30th. Lennox International's payout ratio is presently 22.23%.

Insider Activity

In other news, CAO Chris Kosel sold 300 shares of the business's stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $591.86, for a total value of $177,558.00. Following the completion of the transaction, the chief accounting officer owned 1,282 shares of the company's stock, valued at $758,764.52. The trade was a 18.96% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Daniel M. Sessa sold 2,782 shares of the company's stock in a transaction dated Wednesday, July 23rd. The stock was sold at an average price of $670.04, for a total value of $1,864,051.28. Following the completion of the transaction, the executive vice president directly owned 31,574 shares of the company's stock, valued at $21,155,842.96. The trade was a 8.10% decrease in their position. The disclosure for this sale can be found here. 9.73% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Lennox International

A number of large investors have recently made changes to their positions in LII. Carter Financial Group INC. purchased a new position in Lennox International in the second quarter worth approximately $311,000. MUFG Securities EMEA plc purchased a new position in Lennox International in the second quarter worth approximately $54,000. State of Tennessee Department of Treasury grew its position in Lennox International by 75.2% in the second quarter. State of Tennessee Department of Treasury now owns 7,082 shares of the construction company's stock worth $4,060,000 after acquiring an additional 3,039 shares during the period. Lazard Asset Management LLC grew its position in Lennox International by 111.1% in the second quarter. Lazard Asset Management LLC now owns 18,659 shares of the construction company's stock worth $10,696,000 after acquiring an additional 9,818 shares during the period. Finally, Ameriprise Financial Inc. grew its position in Lennox International by 296.0% in the second quarter. Ameriprise Financial Inc. now owns 71,815 shares of the construction company's stock worth $41,168,000 after acquiring an additional 53,679 shares during the period. 67.07% of the stock is currently owned by hedge funds and other institutional investors.

Lennox International Company Profile

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.

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