Lennox International (NYSE:LII) Reaches New 1-Year Low - Here's What Happened

Key Points

• Lennox International's share price recently reached a new 52-week low of $491.81, marking a 9.8% decline in value.
• Analysts have mixed ratings for LII, with five holding a "Buy" rating, five a "Hold," and three a "Sell," while the consensus target price is set at $606.00.
• The company reported $6.98 earnings per share for the last quarter, surpassing estimates, but its revenue decreased by 4.8% year-over-year.

Lennox International, Inc. (NYSE:LII - Get Free Report)'s share price hit a new 52-week low on Wednesday . The company traded as low as $500.02 and last traded at $491.81, with a volume of 1006566 shares changing hands. The stock had previously closed at $548.99.

Analyst Ratings Changes

LII has been the subject of a number of analyst reports. UBS Group reduced their price objective on shares of Lennox International from $676.00 to $610.00 and set a "neutral" rating for the company in a report on Tuesday, September 23rd. Barclays cut their price target on shares of Lennox International from $753.00 to $730.00 and set an "overweight" rating for the company in a report on Tuesday, September 16th. Weiss Ratings reissued a "buy (b-)" rating on shares of Lennox International in a report on Wednesday, October 8th. The Goldman Sachs Group lifted their price target on shares of Lennox International from $619.00 to $691.00 and gave the company a "buy" rating in a report on Tuesday, July 8th. Finally, Mizuho cut their price target on shares of Lennox International from $650.00 to $565.00 and set a "neutral" rating for the company in a report on Friday, October 17th. Five analysts have rated the stock with a Buy rating, five have issued a Hold rating and three have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, Lennox International currently has a consensus rating of "Hold" and a consensus target price of $606.00.

Lennox International Stock Down 9.8%

The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.71 and a current ratio of 1.41. The stock has a market cap of $17.39 billion, a price-to-earnings ratio of 21.16, a PEG ratio of 1.96 and a beta of 1.10. The firm's 50-day simple moving average is $553.03 and its two-hundred day simple moving average is $568.02.

Lennox International (NYSE:LII - Get Free Report) last issued its quarterly earnings data on Wednesday, October 22nd. The construction company reported $6.98 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $6.69 by $0.29. The firm had revenue of $1.43 billion during the quarter, compared to analysts' expectations of $1.54 billion. Lennox International had a net margin of 15.41% and a return on equity of 99.81%. The business's revenue for the quarter was down 4.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $6.68 earnings per share. Lennox International has set its FY 2025 guidance at 22.750-23.250 EPS. On average, sell-side analysts expect that Lennox International, Inc. will post 22.94 EPS for the current fiscal year.

Lennox International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th were issued a dividend of $1.30 per share. The ex-dividend date was Tuesday, September 30th. This represents a $5.20 dividend on an annualized basis and a yield of 1.1%. Lennox International's payout ratio is currently 22.23%.

Insider Transactions at Lennox International

In other Lennox International news, CAO Chris Kosel sold 300 shares of Lennox International stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $591.86, for a total value of $177,558.00. Following the transaction, the chief accounting officer owned 1,282 shares of the company's stock, valued at approximately $758,764.52. The trade was a 18.96% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 10.40% of the company's stock.

Institutional Trading of Lennox International

Hedge funds and other institutional investors have recently modified their holdings of the stock. AdvisorShares Investments LLC bought a new stake in shares of Lennox International during the 2nd quarter worth about $25,000. Thurston Springer Miller Herd & Titak Inc. grew its stake in shares of Lennox International by 175.9% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 80 shares of the construction company's stock valued at $46,000 after acquiring an additional 51 shares in the last quarter. Whittier Trust Co. grew its stake in shares of Lennox International by 125.0% in the second quarter. Whittier Trust Co. now owns 81 shares of the construction company's stock valued at $46,000 after acquiring an additional 45 shares in the last quarter. MUFG Securities EMEA plc acquired a new position in shares of Lennox International in the second quarter valued at about $54,000. Finally, First Horizon Advisors Inc. grew its stake in shares of Lennox International by 52.9% in the second quarter. First Horizon Advisors Inc. now owns 107 shares of the construction company's stock valued at $61,000 after acquiring an additional 37 shares in the last quarter. Institutional investors own 67.07% of the company's stock.

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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