Lennox International (NYSE:LII) Sets New 1-Year Low – What’s Next?

Shares of Lennox International, Inc. (NYSE:LII) hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $458.22 and last traded at $459.2860, with a volume of 300766 shares traded. The stock had previously closed at $471.50.

Analysts Set New Price Targets

A number of equities research analysts recently commented on LII shares. Wells Fargo & Company decreased their target price on Lennox International from $575.00 to $545.00 and set an “equal weight” rating on the stock in a research report on Thursday, October 23rd. Barclays decreased their price objective on Lennox International from $730.00 to $700.00 and set an “overweight” rating on the stock in a report on Thursday, October 23rd. UBS Group cut their target price on shares of Lennox International from $610.00 to $560.00 and set a “neutral” rating for the company in a report on Monday, October 27th. KeyCorp restated a “sector weight” rating on shares of Lennox International in a research report on Thursday, October 23rd. Finally, Oppenheimer lowered their price objective on shares of Lennox International from $730.00 to $675.00 and set an “outperform” rating for the company in a research report on Wednesday, September 17th. Four analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $600.17.

Lennox International Trading Down 2.6%

The company has a 50-day moving average price of $519.86 and a two-hundred day moving average price of $561.37. The stock has a market cap of $16.11 billion, a P/E ratio of 19.39, a P/E/G ratio of 1.89 and a beta of 1.10. The company has a current ratio of 1.68, a quick ratio of 0.80 and a debt-to-equity ratio of 0.78.

Lennox International (NYSE:LII) last issued its quarterly earnings results on Wednesday, October 22nd. The construction company reported $6.98 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.69 by $0.29. Lennox International had a return on equity of 91.96% and a net margin of 15.74%.The company had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.54 billion. During the same period last year, the company earned $6.68 earnings per share. Lennox International’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. On average, research analysts expect that Lennox International, Inc. will post 22.94 EPS for the current fiscal year.

Lennox International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th were paid a dividend of $1.30 per share. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $5.20 dividend on an annualized basis and a dividend yield of 1.1%. Lennox International’s payout ratio is currently 21.95%.

Insider Activity

In other news, CAO Chris Kosel sold 300 shares of the company’s stock in a transaction that occurred 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Todd J. Teske sold 600 shares of the stock in a transaction that occurred on Tuesday, November 11th. The stock was sold at an average price of $491.85, for a total value of $295,110.00. Following the completion of the sale, the director owned 7,581 shares in the company, valued at approximately $3,728,714.85. The trade was a 7.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 9.73% of the company’s stock.

Hedge Funds Weigh In On Lennox International

Hedge funds have recently bought and sold shares of the business. AdvisorShares Investments LLC purchased a new stake in Lennox International in the second quarter worth $25,000. Root Financial Partners LLC bought a new position in shares of Lennox International in the third quarter worth about $28,000. Thurston Springer Miller Herd & Titak Inc. increased its stake in Lennox International by 175.9% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 80 shares of the construction company’s stock worth $46,000 after buying an additional 51 shares during the period. Whittier Trust Co. lifted its holdings in Lennox International by 125.0% during the 2nd quarter. Whittier Trust Co. now owns 81 shares of the construction company’s stock valued at $46,000 after buying an additional 45 shares in the last quarter. Finally, Covestor Ltd boosted its position in Lennox International by 217.2% in the 3rd quarter. Covestor Ltd now owns 92 shares of the construction company’s stock valued at $48,000 after buying an additional 63 shares during the period. 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.