Lennox International, Inc. (NYSE:LII) Receives $598.50 Consensus Target Price from Analysts

Shares of Lennox International, Inc. (NYSE:LII) have been given a consensus rating of “Hold” by the fifteen brokerages that are covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, nine have assigned a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $596.8333.

Several research analysts have recently issued reports on the stock. Wells Fargo & Company decreased their price objective on shares of Lennox International from $545.00 to $525.00 and set an “equal weight” rating for the company in a report on Thursday, December 4th. UBS Group cut their price objective on Lennox International from $610.00 to $560.00 and set a “neutral” rating for the company in a report on Monday, October 27th. Mizuho dropped their price target on shares of Lennox International from $650.00 to $565.00 and set a “neutral” rating on the stock in a research report on Friday, October 17th. Oppenheimer reduced 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. Finally, Northcoast Research raised shares of Lennox International from a “sell” rating to a “neutral” rating and set a $525.00 target price for the company in a research note on Monday, October 27th.

Lennox International Stock Performance

LII stock opened at $506.25 on Thursday. The firm has a market cap of $17.75 billion, a P/E ratio of 21.37, a P/E/G ratio of 2.03 and a beta of 1.16. The stock’s 50 day simple moving average is $499.91 and its 200 day simple moving average is $549.16. 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 has a 12-month low of $443.19 and a 12-month high of $689.44.

Lennox International (NYSE:LII) last released 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 15.74% and a return on equity of 91.96%. The firm had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.54 billion. During the same quarter in the previous year, the firm earned $6.68 earnings per share. The firm’s revenue for the quarter 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. As a group, equities research analysts predict that Lennox International will post 22.94 EPS for the current year.

Lennox International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st will be issued a $1.30 dividend. The ex-dividend date is Wednesday, December 31st. This represents a $5.20 dividend on an annualized basis and a dividend yield of 1.0%. Lennox International’s dividend payout ratio is currently 21.95%.

Insider Activity

In other news, Director Todd J. Teske sold 600 shares of Lennox International stock in a transaction dated Tuesday, November 11th. The stock was sold at an average price of $491.85, for a total transaction of $295,110.00. Following the completion of the sale, the director directly owned 7,581 shares in the company, valued at $3,728,714.85. The trade was a 7.33% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 9.73% of the stock is owned by company insiders.

Institutional Investors Weigh In On Lennox International

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Amundi grew its position in shares of Lennox International by 33.1% in the first quarter. Amundi now owns 189,571 shares of the construction company’s stock valued at $103,661,000 after purchasing an additional 47,170 shares during the last quarter. Achmea Investment Management B.V. grew its stake in shares of Lennox International by 2.8% in the second quarter. Achmea Investment Management B.V. now owns 93,893 shares of the construction company’s stock worth $53,823,000 after acquiring an additional 2,555 shares during the last quarter. Russell Investments Group Ltd. increased its position in Lennox International by 118.3% during the first quarter. Russell Investments Group Ltd. now owns 92,618 shares of the construction company’s stock worth $51,932,000 after acquiring an additional 50,188 shares during the period. Baird Financial Group Inc. boosted its holdings in Lennox International by 25.3% in the 1st quarter. Baird Financial Group Inc. now owns 91,595 shares of the construction company’s stock valued at $51,369,000 after purchasing an additional 18,502 shares during the period. Finally, Ameriprise Financial Inc. increased its holdings in shares of Lennox International by 18.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 85,096 shares of the construction company’s stock worth $45,043,000 after purchasing an additional 13,281 shares during the period. 67.07% of the stock is currently owned by institutional investors and hedge funds.

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.