Brokerages Set Lennox International Inc. (NYSE:LII) PT at $482.31

Lennox International Inc. (NYSE:LIIGet Free Report) has earned a consensus rating of “Moderate Buy” from the thirteen analysts that are presently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and eight have given a buy rating to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $484.62.

LII has been the subject of several research analyst reports. StockNews.com downgraded shares of Lennox International from a “buy” rating to a “hold” rating in a research report on Friday, February 9th. Stephens restated an “overweight” rating and set a $550.00 price objective on shares of Lennox International in a research note on Thursday, April 25th. Deutsche Bank Aktiengesellschaft assumed coverage on Lennox International in a research report on Thursday, February 1st. They issued a “buy” rating and a $523.00 target price for the company. TD Cowen upped their price target on Lennox International from $450.00 to $505.00 and gave the company an “outperform” rating in a research report on Wednesday, March 6th. Finally, KeyCorp lifted their price objective on shares of Lennox International from $500.00 to $515.00 and gave the stock an “overweight” rating in a report on Wednesday, April 10th.

Check Out Our Latest Report on Lennox International

Insider Activity at Lennox International

In other Lennox International news, EVP Gary S. Bedard sold 1,849 shares of the firm’s stock in a transaction dated Monday, March 18th. The shares were sold at an average price of $473.59, for a total transaction of $875,667.91. Following the transaction, the executive vice president now owns 20,465 shares of the company’s stock, valued at approximately $9,692,019.35. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In other news, EVP Gary S. Bedard sold 1,849 shares of Lennox International stock in a transaction on Monday, March 18th. The stock was sold at an average price of $473.59, for a total transaction of $875,667.91. Following the transaction, the executive vice president now directly owns 20,465 shares in the company, valued at approximately $9,692,019.35. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, EVP Joseph William Reitmeier sold 1,930 shares of the company’s stock in a transaction on Wednesday, February 28th. The shares were sold at an average price of $471.48, for a total value of $909,956.40. Following the completion of the sale, the executive vice president now owns 24,533 shares of the company’s stock, valued at approximately $11,566,818.84. The disclosure for this sale can be found here. Company insiders own 10.40% of the company’s stock.

Institutional Trading of Lennox International

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Rise Advisors LLC bought a new stake in Lennox International during the first quarter worth approximately $41,000. Tobam lifted its position in shares of Lennox International by 1,640.0% during the 4th quarter. Tobam now owns 87 shares of the construction company’s stock valued at $39,000 after acquiring an additional 82 shares during the last quarter. Livforsakringsbolaget Skandia Omsesidigt bought a new stake in shares of Lennox International during the 4th quarter worth $42,000. Bessemer Group Inc. grew its holdings in shares of Lennox International by 403.3% in the 1st quarter. Bessemer Group Inc. now owns 151 shares of the construction company’s stock worth $73,000 after acquiring an additional 121 shares during the last quarter. Finally, GAMMA Investing LLC acquired a new stake in shares of Lennox International during the fourth quarter worth $80,000. 67.07% of the stock is currently owned by institutional investors.

Lennox International Trading Down 0.3 %

NYSE:LII opened at $489.86 on Wednesday. The stock has a market cap of $17.45 billion, a price-to-earnings ratio of 28.38, a price-to-earnings-growth ratio of 2.32 and a beta of 1.03. Lennox International has a one year low of $271.51 and a one year high of $506.41. The company has a debt-to-equity ratio of 3.13, a quick ratio of 0.68 and a current ratio of 1.43. The business’s 50-day simple moving average is $476.27 and its 200 day simple moving average is $448.46.

Lennox International (NYSE:LIIGet Free Report) last announced its earnings results on Wednesday, April 24th. The construction company reported $3.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.17 by $0.30. Lennox International had a return on equity of 303.36% and a net margin of 12.38%. The company had revenue of $1.05 billion for the quarter, compared to analyst estimates of $1.05 billion. As a group, sell-side analysts predict that Lennox International will post 19.92 earnings per share for the current fiscal year.

Lennox International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Friday, March 29th were given a dividend of $1.10 per share. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $4.40 dividend on an annualized basis and a yield of 0.90%. Lennox International’s dividend payout ratio (DPR) is presently 25.49%.

About Lennox International

(Get Free Report

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.

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Analyst Recommendations for Lennox International (NYSE:LII)

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