Shares of Lennox International Inc. (NYSE:LII) have been given an average recommendation of “Hold” by the fifteen analysts that are currently covering the firm. Eleven investment analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $147.10.

A number of research firms have recently weighed in on LII. KeyCorp reaffirmed a “hold” rating on shares of Lennox International in a research note on Monday, October 10th. Wells Fargo & Co. reissued a “hold” rating on shares of Lennox International in a research note on Wednesday, August 31st. Susquehanna downgraded Lennox International from a “positive” rating to a “neutral” rating and cut their price objective for the company from $172.00 to $163.00 in a research note on Monday, August 15th. Zacks Investment Research downgraded Lennox International from a “buy” rating to a “hold” rating in a research note on Saturday, August 6th. Finally, Stifel Nicolaus cut their price objective on Lennox International from $172.00 to $162.00 and set a “hold” rating on the stock in a research note on Wednesday, October 19th.

In related news, Director John W. Norris III sold 1,000 shares of the business’s stock in a transaction on Thursday, September 1st. The stock was sold at an average price of $161.73, for a total value of $161,730.00. Following the sale, the director now owns 266,339 shares of the company’s stock, valued at approximately $43,075,006.47. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Douglas L. Young sold 4,407 shares of the business’s stock in a transaction on Monday, October 17th. The shares were sold at an average price of $157.85, for a total value of $695,644.95. Following the completion of the sale, the executive vice president now directly owns 60,452 shares in the company, valued at approximately $9,542,348.20. The disclosure for this sale can be found here. Insiders own 3.90% of the company’s stock.

A number of hedge funds have recently made changes to their positions in LII. Smithfield Trust Co. bought a new stake in shares of Lennox International during the second quarter valued at approximately $194,000. Charter Trust Co. acquired a new position in shares of Lennox International during the second quarter valued at about $249,000. Argent Capital Management LLC acquired a new position in shares of Lennox International during the second quarter valued at about $285,000. Panagora Asset Management Inc. increased its position in shares of Lennox International by 5.8% in the third quarter. Panagora Asset Management Inc. now owns 1,847 shares of the company’s stock valued at $290,000 after buying an additional 102 shares during the last quarter. Finally, Genesee Valley Trust Co. acquired a new position in shares of Lennox International during the third quarter valued at about $291,000. 67.85% of the stock is currently owned by institutional investors and hedge funds.

Lennox International (NYSE:LII) traded down 0.57% during trading on Wednesday, hitting $153.00. The stock had a trading volume of 102,693 shares. The firm has a market cap of $6.59 billion, a PE ratio of 27.38 and a beta of 1.12. The company’s 50-day moving average is $151.16 and its 200 day moving average is $149.41. Lennox International has a 52 week low of $105.65 and a 52 week high of $164.02.

Lennox International (NYSE:LII) last posted its quarterly earnings results on Monday, October 17th. The company reported $2.33 earnings per share for the quarter, topping the Zacks’ consensus estimate of $2.24 by $0.09. Lennox International had a return on equity of 1,385.94% and a net margin of 6.94%. The company earned $1.01 billion during the quarter, compared to the consensus estimate of $1 billion. During the same period last year, the business earned $1.82 EPS. The business’s quarterly revenue was up 5.8% on a year-over-year basis. Equities analysts expect that Lennox International will post $6.88 EPS for the current fiscal year.

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About Lennox International

Lennox International Inc (LII) is a global provider of climate control solutions. The Company designs, manufactures and markets a range of products for the heating, ventilation, air conditioning and refrigeration (HVACR) markets. The Company operates in three segments: Residential Heating & Cooling; Commercial Heating & Cooling, and Refrigeration.

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