Lennox International Inc. (NYSE:LII) Given Consensus Recommendation of “Hold” by Analysts

Shares of Lennox International Inc. (NYSE:LII) have received an average rating of “Hold” from the thirteen research firms that are currently covering the stock, Marketbeat reports. Two research analysts have rated the stock with a sell rating, six have given a hold rating and five have given a buy rating to the company. The average 12 month price objective among brokers that have covered the stock in the last year is $579.38.

A number of equities research analysts recently weighed in on LII shares. Northcoast Research began coverage on Lennox International in a research report on Friday, November 22nd. They set a “sell” rating and a $475.00 price objective on the stock. Robert W. Baird boosted their price target on Lennox International from $648.00 to $656.00 and gave the stock a “neutral” rating in a report on Thursday, October 24th. Mizuho raised their price objective on shares of Lennox International from $650.00 to $675.00 and gave the company an “outperform” rating in a report on Thursday, October 24th. Royal Bank of Canada boosted their target price on shares of Lennox International from $604.00 to $619.00 and gave the stock a “sector perform” rating in a report on Thursday, October 24th. Finally, Barclays lifted their price target on shares of Lennox International from $624.00 to $674.00 and gave the stock an “equal weight” rating in a report on Thursday, December 5th.

Lennox International Stock Up 1.0 %

Shares of NYSE LII opened at $631.13 on Thursday. The stock has a 50-day moving average price of $632.90 and a two-hundred day moving average price of $591.09. Lennox International has a 12 month low of $412.09 and a 12 month high of $682.50. The company has a current ratio of 1.39, a quick ratio of 0.87 and a debt-to-equity ratio of 1.10. The company has a market cap of $22.48 billion, a price-to-earnings ratio of 29.97, a PEG ratio of 2.04 and a beta of 1.08.

Lennox International (NYSE:LII) last released its quarterly earnings data on Wednesday, October 23rd. The construction company reported $6.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.95 by $0.73. The business had revenue of $1.50 billion during the quarter, compared to analysts’ expectations of $1.42 billion. Lennox International had a net margin of 14.63% and a return on equity of 148.52%. The firm’s quarterly revenue was up 9.6% compared to the same quarter last year. During the same period in the prior year, the company earned $5.37 EPS. As a group, analysts forecast that Lennox International will post 21.1 earnings per share for the current fiscal year.

Lennox International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be given a $1.15 dividend. This represents a $4.60 annualized dividend and a dividend yield of 0.73%. The ex-dividend date of this dividend is Tuesday, December 31st. Lennox International’s dividend payout ratio (DPR) is presently 21.84%.

Insider Activity at Lennox International

In other news, Director Shane D. Wall sold 325 shares of the company’s stock in a transaction dated Monday, October 28th. The shares were sold at an average price of $612.97, for a total transaction of $199,215.25. Following the transaction, the director now owns 2,035 shares in the company, valued at approximately $1,247,393.95. This represents a 13.77 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP John D. Torres sold 581 shares of the firm’s stock in a transaction dated Friday, October 25th. The shares were sold at an average price of $620.98, for a total value of $360,789.38. Following the completion of the sale, the executive vice president now owns 4,668 shares of the company’s stock, valued at approximately $2,898,734.64. This represents a 11.07 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 2,106 shares of company stock worth $1,353,233 in the last 90 days. Corporate insiders own 10.40% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB bought a new stake in shares of Lennox International during the third quarter valued at approximately $27,000. Innealta Capital LLC bought a new stake in Lennox International during the 2nd quarter valued at $33,000. First Horizon Advisors Inc. bought a new stake in Lennox International during the 3rd quarter valued at $39,000. Huntington National Bank raised its holdings in Lennox International by 47.9% during the third quarter. Huntington National Bank now owns 71 shares of the construction company’s stock worth $43,000 after buying an additional 23 shares during the last quarter. Finally, UMB Bank n.a. lifted its stake in shares of Lennox International by 388.9% in the third quarter. UMB Bank n.a. now owns 88 shares of the construction company’s stock valued at $53,000 after buying an additional 70 shares in the last quarter. Institutional investors own 67.07% of the company’s stock.

Lennox International Company Profile

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.