Lennox International, Inc. (NYSE:LII – Get Free Report) has earned a consensus recommendation of “Hold” from the seventeen research firms that are currently covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, ten have issued a hold recommendation and five have issued a buy recommendation on the company. The average 1-year price objective among analysts that have covered the stock in the last year is $575.4615.
A number of research analysts have commented on LII shares. Wells Fargo & Company upped their target price on shares of Lennox International from $480.00 to $555.00 and gave the company an “equal weight” rating in a research report on Thursday, April 30th. Vertical Research raised shares of Lennox International from a “hold” rating to a “buy” rating and set a $600.00 target price on the stock in a research report on Thursday, April 30th. William Blair reaffirmed an “outperform” rating on shares of Lennox International in a research report on Thursday, March 5th. Royal Bank Of Canada upped their target price on shares of Lennox International from $485.00 to $579.00 and gave the company a “sector perform” rating in a research report on Thursday, April 30th. Finally, Oppenheimer upped their target price on shares of Lennox International from $630.00 to $645.00 and gave the company an “outperform” rating in a research report on Thursday, March 5th.
Get Our Latest Analysis on Lennox International
Lennox International Trading Down 1.9%
Lennox International (NYSE:LII – Get Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The construction company reported $3.35 earnings per share for the quarter, beating the consensus estimate of $3.16 by $0.19. The firm had revenue of $1.14 billion for the quarter, compared to analysts’ expectations of $1.07 billion. Lennox International had a net margin of 14.89% and a return on equity of 73.27%. The company’s revenue was up 5.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.63 EPS. Lennox International has set its FY 2026 guidance at 23.500-25.000 EPS. As a group, equities analysts predict that Lennox International will post 24.35 earnings per share for the current year.
Lennox International Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be given a $1.36 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This is an increase from Lennox International’s previous quarterly dividend of $1.30. This represents a $5.44 dividend on an annualized basis and a yield of 1.1%. Lennox International’s dividend payout ratio is currently 23.40%.
Insider Buying and Selling
In other Lennox International news, CAO Chris Kosel sold 971 shares of the company’s stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $544.80, for a total value of $529,000.80. Following the transaction, the chief accounting officer owned 1,090 shares of the company’s stock, valued at $593,832. This represents a 47.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 9.80% of the stock is owned by insiders.
Institutional Inflows and Outflows
A number of large investors have recently bought and sold shares of LII. Root Financial Partners LLC increased its stake in Lennox International by 137.9% during the first quarter. Root Financial Partners LLC now owns 69 shares of the construction company’s stock worth $32,000 after purchasing an additional 40 shares during the period. Huntington National Bank increased its stake in Lennox International by 51.8% during the fourth quarter. Huntington National Bank now owns 85 shares of the construction company’s stock worth $41,000 after purchasing an additional 29 shares during the period. MUFG Securities EMEA plc purchased a new stake in Lennox International during the second quarter worth about $54,000. Bessemer Group Inc. increased its stake 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 purchasing an additional 38 shares during the period. Finally, AdvisorShares Investments LLC increased its stake in Lennox International by 167.4% during the third quarter. AdvisorShares Investments LLC now owns 115 shares of the construction company’s stock worth $61,000 after purchasing an additional 72 shares during the period. 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.
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