Lennox International Inc. (NYSE:LII) Given Average Rating of “Hold” by Brokerages

Shares of Lennox International Inc. (NYSE:LII) have been given an average recommendation of “Hold” by the thirteen analysts that are currently covering the company, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and five have assigned a buy rating to the company. The average 12 month target price among brokers that have covered the stock in the last year is $575.54.

Several research analysts recently commented on the stock. Mizuho increased their target price on shares of Lennox International from $650.00 to $675.00 and gave the stock an “outperform” rating in a report on Thursday, October 24th. Royal Bank of Canada raised their price objective on Lennox International from $604.00 to $619.00 and gave the company a “sector perform” rating in a report on Thursday, October 24th. Robert W. Baird upped their target price on Lennox International from $648.00 to $656.00 and gave the stock a “neutral” rating in a report on Thursday, October 24th. Northcoast Research assumed coverage on Lennox International in a research report on Friday, November 22nd. They set a “sell” rating and a $475.00 price target for the company. Finally, Barclays boosted their price target on Lennox International from $575.00 to $624.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 24th.

Insider Buying and Selling at Lennox International

In other Lennox International news, Director Sherry Buck sold 500 shares of the company’s stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $660.74, for a total value of $330,370.00. Following the transaction, the director now directly owns 1,693 shares of the company’s stock, valued at $1,118,632.82. This represents a 22.80 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CAO Chris Kosel sold 200 shares of Lennox International stock in a transaction on Wednesday, November 13th. The stock was sold at an average price of $625.49, for a total value of $125,098.00. Following the sale, the chief accounting officer now directly owns 1,446 shares of the company’s stock, valued at $904,458.54. This represents a 12.15 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 2,106 shares of company stock valued at $1,353,233 in the last three months. 10.40% of the stock is currently owned by company insiders.

Institutional Trading of Lennox International

A number of institutional investors have recently bought and sold shares of LII. Wilmington Savings Fund Society FSB acquired a new stake in shares of Lennox International in the third quarter valued at approximately $27,000. Innealta Capital LLC bought a new position in Lennox International during the 2nd quarter worth $33,000. Massmutual Trust Co. FSB ADV raised its holdings in Lennox International by 38.8% in the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 68 shares of the construction company’s stock valued at $36,000 after acquiring an additional 19 shares in the last quarter. First Horizon Advisors Inc. bought a new stake in shares of Lennox International during the 3rd quarter valued at $39,000. Finally, Huntington National Bank grew its holdings in shares of Lennox International by 47.9% during the 3rd quarter. Huntington National Bank now owns 71 shares of the construction company’s stock worth $43,000 after purchasing an additional 23 shares in the last quarter. Institutional investors own 67.07% of the company’s stock.

Lennox International Stock Performance

LII opened at $667.13 on Friday. The company has a market capitalization of $23.77 billion, a price-to-earnings ratio of 31.68, a P/E/G ratio of 2.02 and a beta of 1.07. The business’s 50-day moving average price is $616.77 and its two-hundred day moving average price is $571.31. Lennox International has a 1 year low of $397.34 and a 1 year high of $682.50. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.39 and a quick ratio of 0.87.

Lennox International (NYSE:LII) last announced its earnings results on Wednesday, October 23rd. The construction company reported $6.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.95 by $0.73. Lennox International had a return on equity of 148.52% and a net margin of 14.63%. The business had revenue of $1.50 billion for the quarter, compared to analyst estimates of $1.42 billion. During the same quarter last year, the firm earned $5.37 EPS. Lennox International’s revenue for the quarter was up 9.6% compared to the same quarter last year. Equities analysts expect that Lennox International will post 21.1 EPS for the current fiscal year.

Lennox International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were issued a dividend of $1.15 per share. This represents a $4.60 annualized dividend and a dividend yield of 0.69%. The ex-dividend date was Monday, September 30th. Lennox International’s payout ratio is 21.84%.

About Lennox International

Lennox International Inc, together with its subsidiaries, designs, manufactures, and markets a range of products for the heating, ventilation, air conditioning, and refrigeration markets in the United States, Canada, and internationally. The Home Comfort Solutions segment provides furnaces, air conditioners, heat pumps, packaged heating and cooling systems, indoor air quality equipment, comfort control products, and replacement parts and supplies; residential heating, ventilation, cooling equipment, and air conditioning; and evaporator coils and unit heaters under Lennox, Dave Lennox Signature Collection, Armstrong Air, Ducane, AirEase, Concord, MagicPak, Advanced Distributor Products, Allied, Elite Series, Merit Series, Comfort Sync, Healthy Climate, iComfort, ComfortSense, and Lennox Stores name.