Lennox International Inc. (NYSE:LII) Receives Average Recommendation of "Moderate Buy" from Analysts

Shares of Lennox International Inc. (NYSE:LII - Get Free Report) have received an average rating of "Moderate Buy" from the thirteen analysts that are currently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and eight have given a buy recommendation to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $482.31.

A number of research analysts have recently issued reports on the stock. StockNews.com downgraded shares of Lennox International from a "buy" rating to a "hold" rating in a research report on Friday, February 9th. UBS Group lifted their target price on shares of Lennox International from $450.00 to $485.00 and gave the stock a "neutral" rating in a research note on Thursday, April 25th. Deutsche Bank Aktiengesellschaft began coverage on shares of Lennox International in a research note on Thursday, February 1st. They issued a "buy" rating and a $523.00 target price for the company. TD Cowen lifted their target price on shares of Lennox International from $450.00 to $505.00 and gave the stock an "outperform" rating in a research note on Wednesday, March 6th. Finally, Mizuho lifted their target price on shares of Lennox International from $490.00 to $540.00 and gave the stock a "buy" rating in a research note on Monday, April 1st.

Lennox International Stock Up 1.3 %

Shares of Lennox International stock traded up $6.67 on Wednesday, reaching $503.52. The stock had a trading volume of 195,800 shares, compared to its average volume of 272,240. The company has a 50 day moving average price of $475.69 and a 200 day moving average price of $446.29. The company has a quick ratio of 0.68, a current ratio of 1.43 and a debt-to-equity ratio of 3.13. Lennox International has a 1 year low of $271.51 and a 1 year high of $506.41. The stock has a market capitalization of $17.94 billion, a P/E ratio of 29.17, a P/E/G ratio of 2.30 and a beta of 1.03.

Lennox International (NYSE:LII - Get Free Report) last issued its quarterly earnings data on Wednesday, April 24th. The construction company reported $3.47 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.17 by $0.30. Lennox International had a net margin of 12.38% and a return on equity of 303.36%. The firm had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $1.05 billion. As a group, equities research analysts forecast that Lennox International will post 19.92 EPS for the current year.

Lennox International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Friday, March 29th were paid a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a yield of 0.87%. The ex-dividend date of this dividend was Wednesday, March 27th. Lennox International's payout ratio is 25.49%.

Insider Buying and Selling at Lennox International

In other Lennox International news, EVP Gary S. Bedard sold 1,849 shares of Lennox International stock in a transaction that occurred on Monday, March 18th. The shares were sold at an average price of $473.59, for a total transaction of $875,667.91. Following the completion of the sale, the executive vice president now directly owns 20,465 shares in the company, valued at approximately $9,692,019.35. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other news, EVP Joseph William Reitmeier sold 1,930 shares of Lennox International stock in a transaction that occurred on Wednesday, February 28th. The shares were sold at an average price of $471.48, for a total transaction of $909,956.40. Following the completion of the transaction, the executive vice president now directly owns 24,533 shares of the company's stock, valued at approximately $11,566,818.84. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Gary S. Bedard sold 1,849 shares of Lennox International stock in a transaction that occurred on Monday, March 18th. The shares were sold at an average price of $473.59, for a total transaction of $875,667.91. Following the transaction, the executive vice president now directly owns 20,465 shares of the company's stock, valued at $9,692,019.35. The disclosure for this sale can be found here. Company insiders own 10.40% of the company's stock.

Hedge Funds Weigh In On Lennox International

Several institutional investors have recently made changes to their positions in LII. SG Americas Securities LLC increased its holdings in Lennox International by 105.3% in the 4th quarter. SG Americas Securities LLC now owns 6,782 shares of the construction company's stock worth $3,035,000 after acquiring an additional 3,478 shares in the last quarter. Naples Money Management LLC purchased a new stake in Lennox International in the 4th quarter worth $1,588,000. Sumitomo Mitsui Trust Holdings Inc. increased its holdings in Lennox International by 2.5% in the 4th quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 67,094 shares of the construction company's stock worth $30,026,000 after acquiring an additional 1,653 shares in the last quarter. iA Global Asset Management Inc. purchased a new stake in Lennox International in the 3rd quarter worth $8,067,000. Finally, DNB Asset Management AS purchased a new stake in Lennox International in the 4th quarter worth $5,393,000. 67.07% of the stock is owned by hedge funds and other institutional investors.

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.