Analysts Set Lennox International, Inc. (NYSE:LII) Price Target at $575.46

Shares of Lennox International, Inc. (NYSE:LII) have been assigned an average rating of “Hold” from the seventeen research firms that are presently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and five have given a buy rating to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $575.4615.

A number of research firms have commented on LII. BNP Paribas Exane started coverage on shares of Lennox International in a research report on Tuesday, April 14th. They issued a “neutral” rating and a $535.00 target price for the company. Vertical Research raised Lennox International from a “hold” rating to a “buy” rating and set a $600.00 price target on the stock in a report on Thursday, April 30th. Weiss Ratings upgraded Lennox International from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, June 18th. Barclays cut their price objective on Lennox International from $600.00 to $597.00 and set an “overweight” rating for the company in a report on Thursday, April 30th. Finally, Wells Fargo & Company upped their price objective 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.

Lennox International Price Performance

Shares of NYSE:LII opened at $569.34 on Monday. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.64 and a current ratio of 1.57. The firm has a market cap of $19.81 billion, a price-to-earnings ratio of 25.62, a price-to-earnings-growth ratio of 2.17 and a beta of 1.16. The business has a 50-day simple moving average of $519.95 and a two-hundred day simple moving average of $511.50. Lennox International has a fifty-two week low of $434.06 and a fifty-two week high of $689.44.

Lennox International (NYSE:LII) last announced its quarterly earnings results on Wednesday, April 29th. The construction company reported $3.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.16 by $0.19. Lennox International had a net margin of 14.89% and a return on equity of 73.27%. The firm had revenue of $1.14 billion for the quarter, compared to the consensus estimate of $1.07 billion. During the same quarter last year, the firm posted $3.63 EPS. The business’s quarterly revenue was up 5.8% compared to the same quarter last year. Lennox International has set its FY 2026 guidance at 23.500-25.000 EPS. On average, analysts expect that Lennox International will post 24.42 earnings per share for the current year.

Lennox International Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be given a dividend of $1.36 per share. This represents a $5.44 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend is Tuesday, June 30th. This is an increase from Lennox International’s previous quarterly dividend of $1.30. Lennox International’s payout ratio is currently 24.48%.

Insider Buying and Selling at Lennox International

In related news, CAO Chris Kosel sold 971 shares of the firm’s stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $544.80, for a total value of $529,000.80. Following the transaction, the chief accounting officer owned 1,090 shares of the company’s stock, valued at approximately $593,832. This trade represents a 47.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 9.80% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Root Financial Partners LLC increased its stake in shares of Lennox International by 137.9% in the 1st quarter. Root Financial Partners LLC now owns 69 shares of the construction company’s stock worth $32,000 after purchasing an additional 40 shares in the last quarter. Huntington National Bank raised its holdings in Lennox International by 51.8% in the 4th quarter. Huntington National Bank now owns 85 shares of the construction company’s stock worth $41,000 after purchasing an additional 29 shares during the period. MUFG Securities EMEA plc purchased a new position in Lennox International during the second quarter valued at $54,000. Torren Management LLC purchased a new position in Lennox International during the fourth quarter valued at $70,000. Finally, Oslo Pensjonsforsikring AS bought a new stake in Lennox International during the first quarter valued at about $118,000. Hedge funds and other institutional investors own 67.07% of the company’s stock.

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.