Elevation Point Wealth Partners LLC Purchases New Holdings in Lennox International, Inc. $LII

Elevation Point Wealth Partners LLC acquired a new stake in shares of Lennox International, Inc. (NYSE:LII) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 1,438 shares of the construction company’s stock, valued at approximately $825,000.

Several other large investors have also modified their holdings of the stock. BlackRock Inc. acquired a new stake in shares of Lennox International in the 2nd quarter worth $1,704,846,000. Deutsche Bank AG purchased a new stake in Lennox International during the second quarter worth $159,181,000. Bank of New York Mellon Corp grew its stake in Lennox International by 10.2% in the 4th quarter. Bank of New York Mellon Corp now owns 203,539 shares of the construction company’s stock valued at $98,835,000 after acquiring an additional 18,901 shares during the last quarter. Ameriprise Financial Inc. increased its stake in shares of Lennox International by 18.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 85,096 shares of the construction company’s stock worth $45,043,000 after purchasing an additional 13,281 shares in the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in Lennox International during the second quarter worth $44,075,000. Hedge funds and other institutional investors own 67.07% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have weighed in on LII shares. Wells Fargo & Company increased their price target on Lennox International from $480.00 to $555.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 30th. William Blair reiterated an “outperform” rating on shares of Lennox International in a research note on Wednesday, July 29th. The Goldman Sachs Group reduced their target price on Lennox International from $625.00 to $547.00 and set a “buy” rating on the stock in a research report on Friday, July 31st. Vertical Research upgraded Lennox International from a “hold” rating to a “buy” rating and set a $600.00 price target for the company in a report on Thursday, April 30th. Finally, Barclays dropped their price objective on shares of Lennox International from $600.00 to $597.00 and set an “overweight” rating for the company in a research note on Thursday, April 30th. Five analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $546.58.

Lennox International Price Performance

LII stock opened at $399.30 on Tuesday. The firm has a market cap of $13.80 billion, a P/E ratio of 18.05, a price-to-earnings-growth ratio of 1.58 and a beta of 1.19. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.77 and a current ratio of 1.57. Lennox International, Inc. has a 1 year low of $394.80 and a 1 year high of $590.99. The stock has a 50-day simple moving average of $500.71 and a 200-day simple moving average of $505.42.

Lennox International (NYSE:LII) last released its quarterly earnings results on Wednesday, July 29th. The construction company reported $7.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.67 by $0.05. Lennox International had a net margin of 14.61% and a return on equity of 66.42%. The firm had revenue of $1.55 billion for the quarter, compared to the consensus estimate of $1.56 billion. During the same quarter in the previous year, the firm posted $7.82 EPS. The firm’s quarterly revenue was up 3.0% on a year-over-year basis. Lennox International has set its FY 2026 guidance at 23.000-24.000 EPS. On average, equities analysts predict that Lennox International, Inc. will post 23.69 earnings per share for the current fiscal year.

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.