Shares of Lennox International, Inc. (NYSE:LII – Get Free Report) have been assigned an average recommendation of “Hold” from the seventeen analysts that are presently covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and five have assigned a buy rating to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $522.85.
A number of analysts recently commented on LII shares. Weiss Ratings lowered Lennox International from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, August 11th. The Goldman Sachs Group cut their price objective 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. Morgan Stanley reduced their price objective on Lennox International from $450.00 to $375.00 and set an “underweight” rating for the company in a research note on Thursday, September 3rd. William Blair restated an “outperform” rating on shares of Lennox International in a research note 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 report on Thursday, July 30th.
View Our Latest Stock Analysis on LII
Lennox International Trading Up 0.0%
Lennox International (NYSE:LII – Get Free Report) last posted its earnings results on Wednesday, July 29th. The construction company reported $7.72 EPS for the quarter, topping the consensus estimate of $7.67 by $0.05. The firm had revenue of $1.55 billion for the quarter, compared to analysts’ expectations of $1.56 billion. Lennox International had a net margin of 14.61% and a return on equity of 66.42%. The company’s quarterly revenue was up 3.0% compared to the same quarter last year. During the same quarter last year, the firm earned $7.82 EPS. Lennox International has set its FY 2026 guidance at 23.000-24.000 EPS. On average, equities analysts expect that Lennox International will post 23.44 earnings per share for the current fiscal year.
Lennox International Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be issued a $1.36 dividend. This represents a $5.44 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Wednesday, September 30th. Lennox International’s payout ratio is 24.59%.
Hedge Funds Weigh In On Lennox International
Several institutional investors have recently added to or reduced their stakes in LII. BlackRock Inc. purchased a new position in Lennox International in the second quarter valued at approximately $1,704,846,000. Beacon Pointe Advisors LLC bought a new position in Lennox International during the second quarter valued at $239,217,000. Bank of America Corp DE purchased a new stake in Lennox International in the second quarter worth $196,075,000. Deutsche Bank AG purchased a new stake in Lennox International in the second quarter worth $159,181,000. Finally, Bank of New York Mellon Corp purchased a new stake in Lennox International in the second quarter worth $109,955,000. Institutional investors own 67.07% of the company’s stock.
About Lennox International
Lennox International Inc (NYSE:LII) is a heating, ventilation, air conditioning and refrigeration company that designs, manufactures and markets climate-control products for residential and commercial applications. Its offerings include furnaces, air conditioners, heat pumps, packaged systems, thermostats, controls and indoor air-quality products.
The company also provides commercial HVAC systems and services for offices, retail locations, industrial facilities and other buildings, as well as refrigeration equipment used in food retail and other applications.
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