Jefferies Financial Group Inc. acquired a new position in shares of Lennox International, Inc. (NYSE:LII – Free Report) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 6,360 shares of the construction company’s stock, valued at approximately $3,644,000.
Other institutional investors and hedge funds have also recently made changes to their positions in the company. BlackRock Inc. acquired a new stake in shares of Lennox International during the 2nd quarter valued at $1,704,846,000. Bank of America Corp DE bought a new stake in Lennox International in the second quarter valued at approximately $196,075,000. Deutsche Bank AG acquired a new stake in Lennox International during the 2nd quarter valued at approximately $159,181,000. Bank of New York Mellon Corp bought a new position in Lennox International during the 2nd quarter worth approximately $109,955,000. Finally, Legal & General Group Plc bought a new stake in shares of Lennox International in the 2nd quarter valued at $54,927,000. Institutional investors own 67.07% of the company’s stock.
Lennox International Stock Up 0.6%
Lennox International stock opened at $393.39 on Friday. The company has a market capitalization of $13.60 billion, a PE ratio of 17.78, a PEG ratio of 1.54 and a beta of 1.19. Lennox International, Inc. has a 12-month low of $387.45 and a 12-month high of $587.27. The firm’s fifty day moving average is $489.88 and its 200 day moving average is $501.79. The company has a quick ratio of 0.77, a current ratio of 1.57 and a debt-to-equity ratio of 0.89.
Analyst Ratings Changes
Several research firms recently issued reports on LII. The Goldman Sachs Group dropped their target price on shares of Lennox International from $625.00 to $547.00 and set a “buy” rating on the stock in a report on Friday, July 31st. Weiss Ratings lowered Lennox International from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, August 11th. William Blair restated an “outperform” rating on shares of Lennox International in a research report on Wednesday, July 29th. Finally, Royal Bank Of Canada decreased their target price on Lennox International from $579.00 to $469.00 and set a “sector perform” rating for the company in a research note on Thursday, July 30th. Five equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, Lennox International has an average rating of “Hold” and a consensus target price of $546.58.
Get Our Latest Stock Report on LII
About Lennox International
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.
Further Reading
- Five stocks we like better than Lennox International
- 3 Financial Stocks Positioned for the Fed’s Next Move After Jackson Hole
- IREN’s AI Pivot Looks Real, But the Market Wanted a Faster Payoff After Earnings
- Boeing’s $131B F-15 Win: Mach 1 Momentum or Just Altitude?
- Okta Stock Surges 29%—Is $200 the Next Stop?
Receive News & Ratings for Lennox International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lennox International and related companies with MarketBeat.com's FREE daily email newsletter.
