Lennox International (NYSE:LII) Price Target Lowered to $555.00 at Royal Bank Of Canada

Key Points

• Royal Bank Of Canada has lowered its price target for Lennox International from $598.00 to $555.00, indicating a potential upside of 11.75% from the stock's previous close.
• JPMorgan has also reduced its target from $592.00 to $501.00, assigning an "underweight" rating to the stock, while several other analysts have issued varying price targets and ratings.
• Lennox International's latest earnings report showed an EPS of $6.98, exceeding estimates, but revenue decreased by 4.8% compared to the same quarter last year.

Lennox International (NYSE:LII - Get Free Report) had its target price lowered by analysts at Royal Bank Of Canada from $598.00 to $555.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm presently has a "sector perform" rating on the construction company's stock. Royal Bank Of Canada's target price indicates a potential upside of 11.75% from the stock's previous close.

Several other analysts have also recently weighed in on LII. JPMorgan Chase & Co. lowered their price target on Lennox International from $592.00 to $501.00 and set an "underweight" rating on the stock in a report on Wednesday, October 15th. UBS Group cut their price objective on Lennox International from $676.00 to $610.00 and set a "neutral" rating on the stock in a research report on Tuesday, September 23rd. Mizuho dropped their target price on Lennox International from $650.00 to $565.00 and set a "neutral" rating on the stock in a report on Friday, October 17th. Robert W. Baird boosted their price target 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, Wells Fargo & Company reduced their price objective on Lennox International from $575.00 to $545.00 and set an "equal weight" rating for the company in a research report on Thursday. Five research 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. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $600.83.

Lennox International Trading Up 0.7%

Shares of Lennox International stock traded up $3.59 on Thursday, reaching $496.66. 47,783 shares of the company's stock were exchanged, compared to its average volume of 411,682. 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 has a 52 week low of $485.47 and a 52 week high of $689.44. The firm's 50-day moving average is $550.67 and its two-hundred day moving average is $567.51. The company has a market capitalization of $17.44 billion, a P/E ratio of 21.29, a price-to-earnings-growth ratio of 2.01 and a beta of 1.10.

Lennox International (NYSE:LII - Get Free Report) last released its quarterly earnings results on Wednesday, October 22nd. The construction company reported $6.98 EPS for the quarter, beating analysts' consensus estimates of $6.69 by $0.29. Lennox International had a return on equity of 99.81% and a net margin of 15.41%.The business had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.54 billion. During the same period in the prior year, the firm posted $6.68 EPS. Lennox International's quarterly revenue was down 4.8% compared to the same quarter last year. Lennox International has set its FY 2025 guidance at 22.750-23.250 EPS. Sell-side analysts predict that Lennox International will post 22.94 EPS for the current fiscal year.

Insider Buying and Selling at Lennox International

In other news, CAO Chris Kosel sold 300 shares of the firm's stock in a transaction on 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 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 9.73% of the stock is owned by insiders.

Institutional Investors Weigh In On Lennox International

Several institutional investors have recently bought and sold shares of the company. KLP Kapitalforvaltning AS boosted its holdings in shares of Lennox International by 10.4% during the 3rd quarter. KLP Kapitalforvaltning AS now owns 11,700 shares of the construction company's stock worth $6,206,000 after purchasing an additional 1,100 shares during the last quarter. Regency Capital Management Inc. DE increased its position in shares of Lennox International by 21.9% during the third quarter. Regency Capital Management Inc. DE now owns 5,788 shares of the construction company's stock worth $3,064,000 after acquiring an additional 1,038 shares during the period. Pacer Advisors Inc. grew its stake in shares of Lennox International by 40.8% during the third quarter. Pacer Advisors Inc. now owns 4,572 shares of the construction company's stock worth $2,420,000 after purchasing an additional 1,325 shares in the last quarter. Carolina Wealth Advisors LLC grew its stake in shares of Lennox International by 13.2% during the third quarter. Carolina Wealth Advisors LLC now owns 2,060 shares of the construction company's stock worth $1,090,000 after purchasing an additional 240 shares in the last quarter. Finally, Carter Financial Group INC. purchased a new position in shares of Lennox International during the second quarter worth about $311,000. 67.07% of the stock is currently owned by institutional investors and hedge funds.

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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