Keebeck Wealth Management acquired a new position in shares of Lennox International, Inc. (NYSE:LII – Free Report) during the second quarter, HoldingsChannel.com reports. The institutional investor acquired 2,842 shares of the construction company’s stock, valued at approximately $1,632,000.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Root Financial Partners LLC lifted its position in shares of Lennox International by 137.9% during the 1st quarter. Root Financial Partners LLC now owns 69 shares of the construction company’s stock valued at $32,000 after acquiring an additional 40 shares during the period. N.E.W. Advisory Services LLC bought a new position in shares of Lennox International in the second quarter worth $37,000. Huntington National Bank increased its position in shares of Lennox International by 51.8% in 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. Global Retirement Partners LLC acquired a new position in Lennox International in the second quarter valued at about $50,000. Finally, MUFG Securities EMEA plc bought a new stake in Lennox International during the second quarter worth about $54,000. 67.07% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of equities research analysts have issued reports on the stock. Weiss Ratings downgraded shares of Lennox International from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, August 11th. Barclays dropped their target price on shares of Lennox International from $600.00 to $597.00 and set an “overweight” rating for the company 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 price target for the company in a report on Thursday, April 30th. William Blair reiterated an “outperform” rating on shares of Lennox International in a research report on Wednesday, July 29th. Finally, Royal Bank Of Canada decreased their price objective on shares of Lennox International from $579.00 to $469.00 and set a “sector perform” rating on the stock in a research note on Thursday, July 30th. Five analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $546.58.
Lennox International Price Performance
Shares of LII stock opened at $402.99 on Friday. The business has a fifty day simple moving average of $503.21 and a 200 day simple moving average of $506.11. The company has a market cap of $13.93 billion, a P/E ratio of 18.22, a P/E/G ratio of 1.60 and a beta of 1.19. The company has a quick ratio of 0.77, a current ratio of 1.57 and a debt-to-equity ratio of 0.89. Lennox International, Inc. has a twelve month low of $402.44 and a twelve month high of $597.81.
Lennox International (NYSE:LII – Get Free Report) last released its earnings results on Wednesday, July 29th. The construction company reported $7.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 return on equity of 66.42% and a net margin of 14.61%.The business’s revenue for the quarter was up 3.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $7.82 earnings per share. Lennox International has set its FY 2026 guidance at 23.000-24.000 EPS. On average, sell-side analysts forecast that Lennox International, Inc. will post 23.69 EPS for the current fiscal year.
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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