Lennox International, Inc. (NYSE:LII - Get Free Report)'s stock price reached a new 52-week low during trading on Thursday . The company traded as low as $443.09 and last traded at $443.9250, with a volume of 552575 shares. The stock had previously closed at $481.68.
Wall Street Analyst Weigh In
LII has been the topic of several research analyst reports. Weiss Ratings restated a "hold (c+)" rating on shares of Lennox International in a research note on Thursday, January 22nd. William Blair restated an "outperform" rating on shares of Lennox International in a research note on Thursday, March 5th. Wells Fargo & Company raised their price target on Lennox International from $520.00 to $560.00 and gave the stock an "equal weight" rating in a report on Thursday, March 5th. Barclays lowered their price objective on Lennox International from $680.00 to $667.00 and set an "overweight" rating for the company in a research note on Wednesday, January 7th. Finally, JPMorgan Chase & Co. raised their target price on Lennox International from $493.00 to $541.00 and gave the company an "underweight" rating in a research note on Friday, January 16th. Four analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, Lennox International currently has an average rating of "Hold" and an average target price of $579.64.
View Our Latest Analysis on LII
Lennox International Stock Down 8.3%
The firm's 50 day simple moving average is $521.07 and its 200 day simple moving average is $513.83. The company has a market cap of $15.38 billion, a price-to-earnings ratio of 19.89, a price-to-earnings-growth ratio of 1.83 and a beta of 1.16. The company has a quick ratio of 0.63, a current ratio of 1.60 and a debt-to-equity ratio of 0.98.
Lennox International (NYSE:LII - Get Free Report) last issued its quarterly earnings data on Wednesday, January 28th. The construction company reported $4.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.76 by ($0.31). Lennox International had a return on equity of 80.23% and a net margin of 15.13%.The business had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.27 billion. During the same quarter in the prior year, the firm posted $5.60 earnings per share. The business's quarterly revenue was down 11.2% on a year-over-year basis. Lennox International has set its FY 2026 guidance at 23.500-25.000 EPS. Sell-side analysts anticipate that Lennox International, Inc. will post 22.94 EPS for the current fiscal year.
Lennox International Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be paid a $1.30 dividend. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $5.20 annualized dividend and a dividend yield of 1.2%. Lennox International's dividend payout ratio is presently 23.38%.
Insider Transactions at Lennox International
In related news, Director Shane D. Wall sold 100 shares of the company's stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $540.01, for a total value of $54,001.00. Following the completion of the sale, the director owned 2,205 shares of the company's stock, valued at $1,190,722.05. This represents a 4.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Todd J. Teske sold 700 shares of the stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $533.45, for a total transaction of $373,415.00. Following the completion of the transaction, the director owned 6,881 shares of the company's stock, valued at $3,670,669.45. This represents a 9.23% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 1,054 shares of company stock valued at $563,687. 9.73% of the stock is currently owned by corporate insiders.
Institutional Trading of Lennox International
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Nicholas Company Inc. boosted its holdings in shares of Lennox International by 0.4% in the fourth quarter. Nicholas Company Inc. now owns 6,600 shares of the construction company's stock valued at $3,205,000 after acquiring an additional 25 shares in the last quarter. Huntington National Bank increased its stake 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 acquiring an additional 29 shares during the period. Bessemer Group Inc. raised its holdings in Lennox International by 52.8% during the third quarter. Bessemer Group Inc. now owns 110 shares of the construction company's stock worth $59,000 after purchasing an additional 38 shares in the last quarter. Valeo Financial Advisors LLC raised its holdings in Lennox International by 10.3% during the fourth quarter. Valeo Financial Advisors LLC now owns 418 shares of the construction company's stock worth $203,000 after purchasing an additional 39 shares in the last quarter. Finally, Eukles Asset Management lifted its position in Lennox International by 4.2% in the fourth quarter. Eukles Asset Management now owns 1,125 shares of the construction company's stock worth $546,000 after purchasing an additional 45 shares during the period. 67.07% of the stock is currently owned by institutional investors.
About Lennox International
(
Get 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.
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