Sanctuary Advisors LLC Buys Shares of 6,524 Lennox International, Inc. $LII

Sanctuary Advisors LLC bought a new position in Lennox International, Inc. (NYSE:LII) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 6,524 shares of the construction company’s stock, valued at approximately $3,738,000.

Other large investors have also made changes to their positions in the company. BlackRock Inc. bought a new position in shares of Lennox International in the 2nd quarter worth approximately $1,704,846,000. Deutsche Bank AG bought a new stake in Lennox International during the second quarter valued at approximately $159,181,000. Bank of New York Mellon Corp increased its holdings in Lennox International by 10.2% during the fourth quarter. Bank of New York Mellon Corp now owns 203,539 shares of the construction company’s stock valued at $98,835,000 after buying an additional 18,901 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in Lennox International by 18.5% during the third quarter. Ameriprise Financial Inc. now owns 85,096 shares of the construction company’s stock valued at $45,043,000 after buying an additional 13,281 shares during the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in Lennox International in the second quarter worth approximately $44,075,000. 67.07% of the stock is currently owned by institutional investors.

Lennox International Price Performance

Shares of NYSE:LII opened at $388.71 on Wednesday. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.57 and a quick ratio of 0.77. Lennox International, Inc. has a 1-year low of $387.45 and a 1-year high of $587.27. The company has a market capitalization of $13.43 billion, a P/E ratio of 17.57, a P/E/G ratio of 1.57 and a beta of 1.19. The firm’s 50 day simple moving average is $497.91 and its two-hundred day simple moving average is $504.39.

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

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. The Goldman Sachs Group dropped their price target on shares of Lennox International from $625.00 to $547.00 and set a “buy” rating on the stock in a research note on Friday, July 31st. Vertical Research upgraded Lennox International from a “hold” rating to a “buy” rating and set a $600.00 price objective for the company in a research note on Thursday, April 30th. William Blair reaffirmed an “outperform” rating on shares of Lennox International in a report on Wednesday, July 29th. Wells Fargo & Company lifted their target price on Lennox International from $480.00 to $555.00 and gave the company an “equal weight” rating in a research report on Thursday, April 30th. Finally, Weiss Ratings lowered Lennox International from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, August 11th. Five analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average 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.