Wells Fargo & Company Issues Pessimistic Forecast for Lennox International (NYSE:LII) Stock Price

Lennox International (NYSE:LII) had its target price dropped by analysts at Wells Fargo & Company from $560.00 to $480.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The firm presently has an “equal weight” rating on the construction company’s stock. Wells Fargo & Company‘s target price would indicate a potential upside of 2.29% from the company’s previous close.

Other equities analysts have also recently issued research reports about the company. Royal Bank Of Canada decreased their price objective on Lennox International from $563.00 to $534.00 and set a “sector perform” rating for the company in a report on Thursday, January 29th. Wall Street Zen upgraded Lennox International from a “sell” rating to a “hold” rating in a report on Saturday, March 7th. UBS Group started coverage on Lennox International in a research note on Monday, January 5th. They issued a “neutral” rating and a $530.00 price target for the company. Oppenheimer boosted their price target on Lennox International from $630.00 to $645.00 and gave the stock an “outperform” rating in a research report on Thursday, March 5th. Finally, JPMorgan Chase & Co. upped their price objective on Lennox International from $493.00 to $541.00 and gave the stock an “underweight” rating in a research note on Friday, January 16th. Four equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $572.36.

Lennox International Stock Up 1.1%

Shares of NYSE LII traded up $5.13 during midday trading on Wednesday, reaching $469.26. The company’s stock had a trading volume of 92,586 shares, compared to its average volume of 483,997. The company has a current ratio of 1.60, a quick ratio of 0.63 and a debt-to-equity ratio of 0.98. Lennox International has a fifty-two week low of $434.06 and a fifty-two week high of $689.44. The stock has a market capitalization of $16.33 billion, a price-to-earnings ratio of 21.10, a PEG ratio of 1.70 and a beta of 1.16. The stock has a 50 day simple moving average of $515.14 and a 200-day simple moving average of $510.23.

Lennox International (NYSE:LII) last announced its earnings results on Wednesday, January 28th. The construction company reported $4.45 EPS for the quarter, missing the consensus estimate of $4.76 by ($0.31). The business had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.27 billion. Lennox International had a return on equity of 80.23% and a net margin of 15.13%.The business’s revenue for the quarter was down 11.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $5.60 EPS. Lennox International has set its FY 2026 guidance at 23.500-25.000 EPS. Equities research analysts predict that Lennox International will post 22.94 earnings per share for the current year.

Insider Buying and Selling at Lennox International

In other Lennox International news, CAO Chris Kosel sold 254 shares of the company’s stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of $536.50, for a total value of $136,271.00. Following the sale, the chief accounting officer owned 1,090 shares in the company, valued at $584,785. This represents a 18.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Todd J. Teske sold 700 shares of the firm’s stock in a transaction that occurred on Wednesday, February 4th. The shares were sold at an average price of $533.45, for a total value of $373,415.00. Following the completion of the sale, the director directly owned 6,881 shares of the company’s stock, valued at approximately $3,670,669.45. The trade was a 9.23% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,054 shares of company stock worth $563,687 over the last 90 days. Company insiders own 10.40% of the company’s stock.

Hedge Funds Weigh In On Lennox International

Institutional investors and hedge funds have recently modified their holdings of the stock. Root Financial Partners LLC bought a new position in shares of Lennox International in the third quarter valued at about $28,000. Huntington National Bank grew its stake in Lennox International by 51.8% in the 4th quarter. Huntington National Bank now owns 85 shares of the construction company’s stock valued at $41,000 after buying an additional 29 shares during the last quarter. Covestor Ltd grew its stake in Lennox International by 217.2% in the 3rd quarter. Covestor Ltd now owns 92 shares of the construction company’s stock valued at $48,000 after buying an additional 63 shares during the last quarter. MUFG Securities EMEA plc bought a new position in Lennox International in the 2nd quarter valued at about $54,000. Finally, Bessemer Group Inc. lifted its position in Lennox International by 52.8% during the third quarter. Bessemer Group Inc. now owns 110 shares of the construction company’s stock worth $59,000 after acquiring an additional 38 shares during the last quarter. 67.07% of the stock is currently owned by institutional investors and hedge funds.

Lennox International Company Profile

Lennox International Inc is a global manufacturer of climate control products and services, principally serving residential and commercial heating, ventilation and air conditioning (HVAC) markets. The company designs, engineers and produces a range of products including furnaces, air conditioners, heat pumps, air handlers, packaged rooftop units and related controls and indoor air quality equipment. Lennox also supplies aftermarket parts and accessories and supports its product lines with technical service, training and warranty programs for dealer and distribution partners.

Originally founded in 1895 by Dave Lennox, the company has grown from its early roots into a multinational business with operations concentrated in North America and a presence in other international markets.