Shares of Lennox International, Inc. (NYSE:LII – Get Free Report) have received a consensus recommendation of “Hold” from the seventeen research firms that are covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and five have given a buy rating to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $522.85.
Several equities analysts have recently weighed in on LII shares. Deutsche Bank Aktiengesellschaft cut Lennox International from a “buy” rating to a “hold” rating and decreased their price objective for the company from $609.00 to $444.00 in a report on Monday, September 14th. Royal Bank Of Canada decreased their price target on Lennox International from $579.00 to $469.00 and set a “sector perform” rating for the company in a research note on Thursday, July 30th. The Goldman Sachs Group lowered their price target on Lennox International from $625.00 to $547.00 and set a “buy” rating on the stock in a research report on Friday, July 31st. Weiss Ratings cut Lennox International from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, August 11th. Finally, William Blair reissued an “outperform” rating on shares of Lennox International in a report on Wednesday, July 29th.
Read Our Latest Analysis on Lennox International
Lennox International Price Performance
Lennox International (NYSE:LII – Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The construction company reported $7.72 EPS for the quarter, topping analysts’ consensus estimates of $7.67 by $0.05. The business had revenue of $1.55 billion for 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 firm’s revenue for the quarter was up 3.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $7.82 earnings per share. Lennox International has set its FY 2026 guidance at 23.000-24.000 EPS. As a group, equities research analysts forecast that Lennox International will post 23.44 EPS for the current fiscal year.
Lennox International Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be issued a $1.36 dividend. This represents a $5.44 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Wednesday, September 30th. Lennox International’s dividend payout ratio is presently 24.59%.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently made changes to their positions in the business. Farther Finance Advisors LLC grew its stake in Lennox International by 43.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 266 shares of the construction company’s stock valued at $94,000 after buying an additional 80 shares during the last quarter. Apella Capital LLC grew its position in shares of Lennox International by 34.7% in the third quarter. Apella Capital LLC now owns 710 shares of the construction company’s stock valued at $255,000 after purchasing an additional 183 shares during the last quarter. Burkett Financial Services LLC acquired a new position in shares of Lennox International in the third quarter valued at approximately $26,000. Allworth Financial LP increased its stake in shares of Lennox International by 122.5% during the second quarter. Allworth Financial LP now owns 158 shares of the construction company’s stock worth $91,000 after purchasing an additional 87 shares during the period. Finally, Arizona State Retirement System increased its stake in shares of Lennox International by 4.7% during the second quarter. Arizona State Retirement System now owns 8,981 shares of the construction company’s stock worth $5,146,000 after purchasing an additional 406 shares during the period. 67.07% of the stock is currently owned by institutional investors.
About Lennox International
Lennox International Inc (NYSE:LII) is a heating, ventilation, air conditioning and refrigeration company that designs, manufactures and markets climate-control products for residential and commercial applications. Its offerings include furnaces, air conditioners, heat pumps, packaged systems, thermostats, controls and indoor air-quality products.
The company also provides commercial HVAC systems and services for offices, retail locations, industrial facilities and other buildings, as well as refrigeration equipment used in food retail and other applications.
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