Lennox International (NYSE:LII) Price Target Cut to $565.00 by Analysts at Mizuho

Key Points

• Analysts at Mizuho have lowered their price target for Lennox International from $650.00 to $565.00, maintaining a "neutral" rating on the stock, which suggests a potential upside of 7.83% from its current price.
• Other brokerages, like Goldman Sachs and Wells Fargo, have adjusted their ratings and price targets, reflecting a range of opinions on the stock, with Goldman Sachs setting a higher target of $691.00.
• Lennox International reported strong earnings in the last quarter, with an EPS of $7.82, exceeding analyst expectations and indicating a year-over-year revenue increase of 3.4%.

Lennox International (NYSE:LII - Get Free Report) had its price objective lowered by equities researchers at Mizuho from $650.00 to $565.00 in a report released on Friday,Benzinga reports. The brokerage currently has a "neutral" rating on the construction company's stock. Mizuho's price objective indicates a potential upside of 7.83% from the company's current price.

A number of other brokerages also recently weighed in on LII. The Goldman Sachs Group increased their price objective on shares of Lennox International from $619.00 to $691.00 and gave the company a "buy" rating in a research report on Tuesday, July 8th. Wells Fargo & Company upgraded shares of Lennox International from an "underweight" rating to an "equal weight" rating and decreased their price target for the stock from $675.00 to $575.00 in a research report on Monday, October 6th. JPMorgan Chase & Co. decreased their price target on shares of Lennox International from $592.00 to $501.00 and set an "underweight" rating on the stock in a research report on Wednesday. UBS Group decreased their price target on shares of Lennox International from $676.00 to $610.00 and set a "neutral" rating on the stock in a research report on Tuesday, September 23rd. Finally, Weiss Ratings reiterated a "buy (b-)" rating on shares of Lennox International in a research report on Wednesday, October 8th. Five analysts have rated the stock with a Buy rating, five have issued a Hold rating and three have given a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $606.00.

Lennox International Trading Down 0.6%

Shares of NYSE LII opened at $523.96 on Friday. The firm's 50 day moving average price is $555.93 and its 200-day moving average price is $568.29. The company has a market cap of $18.40 billion, a PE ratio of 22.40, a P/E/G ratio of 1.89 and a beta of 1.10. Lennox International has a 52-week low of $500.10 and a 52-week high of $689.44. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.71 and a current ratio of 1.41.

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

Insiders Place Their Bets

In other Lennox International news, EVP Daniel M. Sessa sold 2,782 shares of Lennox International stock in a transaction on Wednesday, July 23rd. The shares were 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. This trade represents a 8.10% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CAO Chris Kosel sold 300 shares of the firm's stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $591.86, for a total transaction of $177,558.00. Following the completion of the sale, the chief accounting officer owned 1,282 shares of the company's stock, valued at $758,764.52. This trade represents a 18.96% decrease in their position. The disclosure for this sale can be found here. Company insiders own 9.73% of the company's stock.

Institutional Investors Weigh In On Lennox International

Several institutional investors have recently made changes to their positions in the company. Eukles Asset Management raised its holdings in shares of Lennox International by 2.8% in the 2nd quarter. Eukles Asset Management now owns 1,019 shares of the construction company's stock valued at $584,000 after purchasing an additional 28 shares in the last quarter. QV Investors Inc. raised its stake in shares of Lennox International by 0.6% during the 2nd quarter. QV Investors Inc. now owns 5,089 shares of the construction company's stock worth $2,917,000 after acquiring an additional 30 shares in the last quarter. First Horizon Advisors Inc. raised its stake in shares of Lennox International by 52.9% during the 2nd quarter. First Horizon Advisors Inc. now owns 107 shares of the construction company's stock worth $61,000 after acquiring an additional 37 shares in the last quarter. AdvisorShares Investments LLC bought a new position in shares of Lennox International during the 2nd quarter worth approximately $25,000. Finally, Whittier Trust Co. raised its stake in shares of Lennox International by 125.0% during the 2nd quarter. Whittier Trust Co. now owns 81 shares of the construction company's stock worth $46,000 after acquiring an additional 45 shares in the last quarter. Institutional investors own 67.07% of the company's stock.

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.

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