Maridea Wealth Management LLC Takes Position in Lennox International, Inc. $LII

Maridea Wealth Management LLC acquired a new position in shares of Lennox International, Inc. (NYSE:LII) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,338 shares of the construction company’s stock, valued at approximately $767,000.

Other hedge funds have also modified their holdings of the company. Handelsbanken Fonder AB lifted its stake in Lennox International by 30.7% in the 2nd quarter. Handelsbanken Fonder AB now owns 9,700 shares of the construction company’s stock valued at $5,558,000 after acquiring an additional 2,280 shares in the last quarter. GAMMA Investing LLC boosted its position in Lennox International by 21.4% during the 2nd quarter. GAMMA Investing LLC now owns 867 shares of the construction company’s stock worth $497,000 after acquiring an additional 153 shares during the last quarter. Pacer Advisors Inc. grew its stake in shares of Lennox International by 11.7% during the 1st quarter. Pacer Advisors Inc. now owns 7,445 shares of the construction company’s stock worth $3,455,000 after acquiring an additional 778 shares in the last quarter. Glenmede Trust Co. NA grew its stake in shares of Lennox International by 4.0% during the 1st quarter. Glenmede Trust Co. NA now owns 907 shares of the construction company’s stock worth $421,000 after acquiring an additional 35 shares in the last quarter. Finally, Arkadios Wealth Advisors acquired a new stake in shares of Lennox International in the first quarter valued at approximately $206,000. 67.07% of the stock is currently owned by institutional investors.

Lennox International Trading Up 0.8%

NYSE LII opened at $421.73 on Friday. The company has a market cap of $14.58 billion, a PE ratio of 19.07, a PEG ratio of 1.66 and a beta of 1.19. The company has a current ratio of 1.57, a quick ratio of 0.77 and a debt-to-equity ratio of 0.89. Lennox International, Inc. has a 12 month low of $411.40 and a 12 month high of $616.50. The stock has a 50 day moving average of $513.62 and a 200-day moving average of $509.14.

Lennox International (NYSE:LII) last released its earnings results on Wednesday, July 29th. The construction company reported $7.72 earnings per share for the quarter, beating the consensus estimate of $7.67 by $0.05. Lennox International had a net margin of 14.61% and a return on equity of 66.42%. The business had revenue of $1.55 billion during the quarter, compared to analysts’ expectations of $1.56 billion. During the same period last year, the business earned $7.82 earnings per share. The firm’s revenue was up 3.0% on a year-over-year basis. Lennox International has set its FY 2026 guidance at 23.000-24.000 EPS. On average, equities research analysts anticipate that Lennox International, Inc. will post 23.69 EPS for the current fiscal year.

Lennox International Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were given a $1.36 dividend. This is a boost from Lennox International’s previous quarterly dividend of $1.30. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $5.44 dividend on an annualized basis and a dividend yield of 1.3%. Lennox International’s payout ratio is 24.59%.

Analyst Upgrades and Downgrades

LII has been the subject of several recent research reports. William Blair restated an “outperform” rating on shares of Lennox International in a report on Wednesday, July 29th. Wells Fargo & Company lifted their price target on shares of Lennox International from $480.00 to $555.00 and gave the company an “equal weight” rating in a research note on Thursday, April 30th. Vertical Research upgraded shares of Lennox International from a “hold” rating to a “buy” rating and set a $600.00 price target on the stock in a research note on Thursday, April 30th. Royal Bank Of Canada cut their price target on shares of Lennox International from $579.00 to $469.00 and set a “sector perform” rating on the stock in a research report on Thursday, July 30th. Finally, Weiss Ratings downgraded shares of Lennox International from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday. Five equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $546.58.

Lennox International Company Profile

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.