Lennox International, Inc. (NYSE:LII) Given Average Recommendation of “Hold” by Brokerages

Shares of Lennox International, Inc. (NYSE:LII) have been given an average rating of “Hold” by the sixteen analysts that are presently covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a sell recommendation, nine have assigned a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $546.5833.

Several analysts recently issued reports on the stock. Weiss Ratings cut shares of Lennox International from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, August 11th. Vertical Research upgraded Lennox International from a “hold” rating to a “buy” rating and set a $600.00 target price on the stock in a report on Thursday, April 30th. Wells Fargo & Company upped their price target on Lennox International from $480.00 to $555.00 and gave the company an “equal weight” rating in a research report on Thursday, April 30th. Barclays cut their price target on Lennox International from $600.00 to $597.00 and set an “overweight” rating for the company in a report on Thursday, April 30th. Finally, William Blair reiterated an “outperform” rating on shares of Lennox International in a research report on Wednesday, July 29th.

Lennox International Stock Down 0.9%

Shares of LII opened at $399.30 on Tuesday. The stock has a 50 day moving average price of $500.71 and a 200 day moving average price of $505.42. Lennox International has a one year low of $394.80 and a one year high of $590.99. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.77 and a current ratio of 1.57. The stock has a market capitalization of $13.80 billion, a price-to-earnings ratio of 18.05, a PEG ratio of 1.58 and a beta of 1.19.

Lennox International (NYSE:LII) last announced its 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. The company 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 firm’s quarterly revenue was up 3.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $7.82 EPS. Lennox International has set its FY 2026 guidance at 23.000-24.000 EPS. Equities research analysts forecast that Lennox International will post 23.69 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. California State Teachers Retirement System increased its position in Lennox International by 49,193.3% during the second quarter. California State Teachers Retirement System now owns 20,842,202 shares of the construction company’s stock worth $11,941,540,000 after purchasing an additional 20,799,920 shares during the last quarter. BlackRock Inc. purchased a new stake in shares of Lennox International in the 2nd quarter valued at approximately $1,704,846,000. Beacon Pointe Advisors LLC acquired a new stake in shares of Lennox International during the 2nd quarter worth approximately $239,217,000. Bank of America Corp DE purchased a new stake in shares of Lennox International during the 2nd quarter valued at approximately $196,075,000. Finally, Deutsche Bank AG acquired a new position in Lennox International in the second quarter valued at approximately $159,181,000. Institutional investors and hedge funds own 67.07% of the company’s stock.

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.