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

Shares of Lennox International Inc. (NYSE:LII) have been assigned an average recommendation of “Hold” from the fourteen brokerages that are currently covering the firm, Marketbeat reports. Three analysts have rated the stock with a sell recommendation, six have given a hold recommendation and five have issued a buy recommendation on the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $590.50.

LII has been the topic of a number of research reports. Royal Bank of Canada increased their price target on Lennox International from $604.00 to $619.00 and gave the stock a “sector perform” rating in a research report on Thursday, October 24th. UBS Group raised their target price on Lennox International from $575.00 to $625.00 and gave the company a “neutral” rating in a research note on Friday, January 3rd. Mizuho upped their price target on shares of Lennox International from $650.00 to $675.00 and gave the stock an “outperform” rating in a research report on Thursday, October 24th. Robert W. Baird boosted their price objective on Lennox International from $648.00 to $656.00 and gave the stock a “neutral” rating in a research report on Thursday, October 24th. Finally, KeyCorp downgraded Lennox International from an “overweight” rating to a “sector weight” rating in a research note on Tuesday, October 15th.

Lennox International Trading Up 0.8 %

LII opened at $647.92 on Monday. The stock has a market capitalization of $23.08 billion, a PE ratio of 30.77, a P/E/G ratio of 1.69 and a beta of 1.11. 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 has a 12-month low of $412.09 and a 12-month high of $682.50. The firm’s fifty day moving average price is $636.68 and its 200 day moving average price is $601.58.

Lennox International (NYSE:LII) last announced its quarterly earnings data on Wednesday, October 23rd. The construction company reported $6.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.95 by $0.73. The firm had revenue of $1.50 billion for the quarter, compared to analysts’ expectations of $1.42 billion. Lennox International had a return on equity of 148.52% and a net margin of 14.63%. Lennox International’s revenue for the quarter was up 9.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $5.37 earnings per share. As a group, research analysts expect that Lennox International will post 21.12 EPS for the current fiscal year.

Lennox International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were given a dividend of $1.15 per share. The ex-dividend date was Tuesday, December 31st. This represents a $4.60 dividend on an annualized basis and a yield of 0.71%. Lennox International’s payout ratio is presently 21.84%.

Insider Transactions at Lennox International

In other news, Director Shane D. Wall sold 325 shares of the stock in a transaction dated Monday, October 28th. The stock was 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 of the company’s stock, valued at approximately $1,247,393.95. This represents a 13.77 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Todd J. Teske sold 500 shares of the company’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $675.52, for a total value of $337,760.00. Following the sale, the director now directly owns 7,911 shares of the company’s stock, valued at $5,344,038.72. The trade was a 5.94 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 2,106 shares of company stock valued at $1,353,233 over the last three months. 10.40% of the stock is owned by corporate insiders.

Institutional Trading of Lennox International

Large investors have recently modified their holdings of the company. Wilmington Savings Fund Society FSB bought a new stake in Lennox International in the third quarter valued at about $27,000. First Horizon Advisors Inc. bought a new stake in Lennox International in the third quarter valued at $39,000. Huntington National Bank raised its stake 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 acquiring an additional 23 shares in the last quarter. UMB Bank n.a. boosted its stake in shares of Lennox International by 388.9% in the 3rd quarter. UMB Bank n.a. now owns 88 shares of the construction company’s stock valued at $53,000 after purchasing an additional 70 shares in the last quarter. Finally, Quantbot Technologies LP bought a new stake in shares of Lennox International in the 3rd quarter worth about $77,000. 67.07% of the stock is owned by institutional investors.

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.