Morgan Stanley Issues Pessimistic Forecast for Lennox International (NYSE:LII) Stock Price

Lennox International (NYSE:LII - Get Free Report) had its target price cut by Morgan Stanley from $535.00 to $475.00 in a report released on Thursday,Benzinga reports. The firm presently has an "underweight" rating on the construction company's stock. Morgan Stanley's price objective indicates a potential downside of 4.04% from the stock's previous close.

Several other brokerages have also weighed in on LII. JPMorgan Chase & Co. decreased their target price 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, October 15th. Wells Fargo & Company upgraded shares of Lennox International from an "underweight" rating to an "equal weight" rating and decreased their target price for the company from $675.00 to $575.00 in a research report on Monday, October 6th. Barclays decreased their target price on shares of Lennox International from $753.00 to $730.00 and set an "overweight" rating on the stock in a research report on Tuesday, September 16th. Oppenheimer reduced their price target on shares of Lennox International from $730.00 to $675.00 and set an "outperform" rating on the stock in a research report on Wednesday, September 17th. Finally, The Goldman Sachs Group boosted their price target 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. Five equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $608.08.

Lennox International Price Performance

Shares of Lennox International stock opened at $494.98 on Thursday. 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 firm's 50-day simple moving average is $550.67 and its 200-day simple moving average is $567.51. Lennox International has a twelve month low of $485.47 and a twelve month high of $689.44. The firm has a market cap of $17.38 billion, a P/E ratio of 21.16, a price-to-earnings-growth ratio of 2.01 and a beta of 1.10.

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

Insider Transactions at Lennox International

In other Lennox International news, CAO Chris Kosel sold 300 shares of the company's stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $591.86, for a total transaction 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. This represents a 18.96% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 9.73% of the company's stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of LII. GAMMA Investing LLC lifted its holdings in Lennox International by 24.0% during the 1st quarter. GAMMA Investing LLC now owns 636 shares of the construction company's stock worth $357,000 after buying an additional 123 shares in the last quarter. Achmea Investment Management B.V. lifted its stake in shares of Lennox International by 22.4% in the 1st quarter. Achmea Investment Management B.V. now owns 91,338 shares of the construction company's stock valued at $51,225,000 after purchasing an additional 16,711 shares during the period. Carolina Wealth Advisors LLC acquired a new position in shares of Lennox International in the 1st quarter valued at $771,000. Sumitomo Mitsui Trust Group Inc. lifted its stake in shares of Lennox International by 1.9% in the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 62,815 shares of the construction company's stock valued at $35,229,000 after purchasing an additional 1,158 shares during the period. Finally, New York State Teachers Retirement System lifted its stake in shares of Lennox International by 1.2% in the 1st quarter. New York State Teachers Retirement System now owns 31,730 shares of the construction company's stock valued at $17,795,000 after purchasing an additional 387 shares during the period. Institutional investors and hedge funds 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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