Lennox International (NYSE:LII) Trading Down 5.9% – What’s Next?

Lennox International, Inc. (NYSE:LII)’s stock price was down 5.9% during trading on Wednesday . The stock traded as low as $489.31 and last traded at $489.5310. Approximately 80,041 shares were traded during mid-day trading, a decline of 83% from the average daily volume of 470,541 shares. The stock had previously closed at $520.42.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on LII shares. Oppenheimer increased their price target on Lennox International from $630.00 to $645.00 and gave the company an “outperform” rating in a report on Thursday, March 5th. Royal Bank Of Canada cut their price target on Lennox International from $563.00 to $534.00 and set a “sector perform” rating for the company in a report on Thursday, January 29th. Wall Street Zen raised Lennox International from a “sell” rating to a “hold” rating in a report on Saturday, March 7th. Barclays cut their price target on Lennox International from $667.00 to $600.00 and set an “overweight” rating for the company in a report on Wednesday, April 1st. Finally, Wells Fargo & Company lowered their price objective on Lennox International from $560.00 to $480.00 and set an “equal weight” rating for the company in a research report on Wednesday, April 1st. Four research analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $563.67.

Lennox International Stock Down 1.3%

The company has a market capitalization of $16.65 billion, a PE ratio of 21.50, a price-to-earnings-growth ratio of 1.86 and a beta of 1.21. The company has a quick ratio of 0.63, a current ratio of 1.60 and a debt-to-equity ratio of 0.98. The firm has a 50-day moving average of $508.65 and a two-hundred day moving average of $505.91.

Lennox International (NYSE:LII) last issued its quarterly earnings data on Wednesday, January 28th. The construction company reported $4.45 earnings per share for the quarter, missing the consensus estimate of $4.76 by ($0.31). The business had revenue of $1.20 billion during the quarter, compared to analysts’ expectations of $1.27 billion. Lennox International had a return on equity of 80.23% and a net margin of 15.13%.The company’s revenue was down 11.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $5.60 earnings per share. Lennox International has set its FY 2026 guidance at 23.500-25.000 EPS. Equities research analysts predict that Lennox International, Inc. will post 22.94 earnings per share for the current fiscal year.

Lennox International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were given a dividend of $1.30 per share. This represents a $5.20 annualized dividend and a dividend yield of 1.1%. The ex-dividend date was Tuesday, March 31st. Lennox International’s dividend payout ratio (DPR) is currently 23.38%.

Insider Transactions at Lennox International

In other news, Director Todd J. Teske sold 700 shares of the firm’s stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $533.45, for a total transaction of $373,415.00. Following the completion of the transaction, the director directly owned 6,881 shares in the company, valued at $3,670,669.45. This trade represents a 9.23% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Shane D. Wall sold 100 shares of the firm’s stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $540.01, for a total value of $54,001.00. Following the transaction, the director owned 2,205 shares of the company’s stock, valued at approximately $1,190,722.05. This represents a 4.34% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,054 shares of company stock worth $563,687 over the last ninety days. Company insiders own 9.73% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of LII. Root Financial Partners LLC purchased a new position in shares of Lennox International during the third quarter worth $28,000. Huntington National Bank boosted its position in shares of Lennox International by 51.8% during the fourth quarter. Huntington National Bank now owns 85 shares of the construction company’s stock worth $41,000 after buying an additional 29 shares during the period. Covestor Ltd boosted its position in shares of Lennox International by 217.2% during the third quarter. Covestor Ltd now owns 92 shares of the construction company’s stock worth $48,000 after buying an additional 63 shares during the period. MUFG Securities EMEA plc purchased a new position in shares of Lennox International during the second quarter worth $54,000. Finally, Bessemer Group Inc. boosted its position in shares of Lennox International by 52.8% during the third quarter. Bessemer Group Inc. now owns 110 shares of the construction company’s stock worth $59,000 after buying an additional 38 shares during the period. 67.07% of the stock is currently owned by hedge funds and other institutional investors.

About Lennox International

Lennox International Inc is a global manufacturer of climate control products and services, principally serving residential and commercial heating, ventilation and air conditioning (HVAC) markets. The company designs, engineers and produces a range of products including furnaces, air conditioners, heat pumps, air handlers, packaged rooftop units and related controls and indoor air quality equipment. Lennox also supplies aftermarket parts and accessories and supports its product lines with technical service, training and warranty programs for dealer and distribution partners.

Originally founded in 1895 by Dave Lennox, the company has grown from its early roots into a multinational business with operations concentrated in North America and a presence in other international markets.