Lennox International, Inc. (NYSE:LII – Get Free Report)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $512.53 and traded as high as $566.03. Lennox International shares last traded at $557.4560, with a volume of 391,302 shares.
Analyst Upgrades and Downgrades
Several equities analysts have recently weighed in on LII shares. Vertical Research upgraded Lennox International from a “hold” rating to a “buy” rating and set a $600.00 price objective for the company in a report on Thursday, April 30th. Royal Bank Of Canada increased their price target on Lennox International from $485.00 to $579.00 and gave the company a “sector perform” rating in a research report on Thursday, April 30th. Barclays decreased their price target on Lennox International from $600.00 to $597.00 and set an “overweight” rating for the company in a research note on Thursday, April 30th. Wells Fargo & Company boosted their price target on Lennox International from $480.00 to $555.00 and gave the stock an “equal weight” rating in a research report on Thursday, April 30th. Finally, BNP Paribas Exane began coverage on Lennox International in a report on Tuesday, April 14th. They issued a “neutral” rating and a $535.00 price objective for the company. Four analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, Lennox International has a consensus rating of “Hold” and an average price target of $565.83.
View Our Latest Analysis on Lennox International
Lennox International Trading Down 0.1%
Lennox International (NYSE:LII – Get Free Report) last released its quarterly earnings data on Wednesday, April 29th. The construction company reported $3.35 EPS for the quarter, topping analysts’ consensus estimates of $3.16 by $0.19. Lennox International had a net margin of 14.89% and a return on equity of 73.27%. The firm had revenue of $1.14 billion during the quarter, compared to analysts’ expectations of $1.07 billion. During the same period in the previous year, the business posted $3.63 earnings per share. The company’s revenue for the quarter was up 5.8% compared to the same quarter last year. Lennox International has set its FY 2026 guidance at 23.500-25.000 EPS. Analysts predict that Lennox International, Inc. will post 24.43 earnings per share for the current year.
Lennox International Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be paid a $1.36 dividend. This is an increase from Lennox International’s previous quarterly dividend of $1.30. The ex-dividend date is Tuesday, June 30th. This represents a $5.44 dividend on an annualized basis and a yield of 1.0%. Lennox International’s dividend payout ratio (DPR) is currently 24.48%.
Insiders Place Their Bets
In other Lennox International news, CAO Chris Kosel sold 971 shares of the firm’s stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $544.80, for a total transaction of $529,000.80. Following the completion of the sale, the chief accounting officer directly owned 1,090 shares in the company, valued at $593,832. This trade represents a 47.11% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 9.80% of the stock is currently owned by corporate insiders.
Hedge Funds Weigh In On Lennox International
Institutional investors and hedge funds have recently made changes to their positions in the company. Nicholas Company Inc. boosted its position in shares of Lennox International by 0.4% in the fourth quarter. Nicholas Company Inc. now owns 6,600 shares of the construction company’s stock valued at $3,205,000 after acquiring an additional 25 shares during the period. Huntington National Bank raised its stake in Lennox International by 51.8% in the 4th quarter. Huntington National Bank now owns 85 shares of the construction company’s stock worth $41,000 after purchasing an additional 29 shares in the last quarter. Glenmede Trust Co. NA raised its stake in Lennox International by 4.0% in the 1st quarter. Glenmede Trust Co. NA now owns 907 shares of the construction company’s stock worth $421,000 after purchasing an additional 35 shares in the last quarter. Valeo Financial Advisors LLC boosted its holdings in Lennox International by 10.3% in the 4th quarter. Valeo Financial Advisors LLC now owns 418 shares of the construction company’s stock valued at $203,000 after purchasing an additional 39 shares during the period. Finally, Root Financial Partners LLC grew 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 worth $32,000 after purchasing an additional 40 shares in the last quarter. Institutional investors and hedge funds own 67.07% of the company’s stock.
Lennox International Company Profile
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.
Featured Stories
- Five stocks we like better than Lennox International
- PriceSmart Stock Eyes $220 as Chile Expansion Fuels Growth
- Dollar Tree’s Turnaround Is Starting to Take Root
- Why Levi’s Digital Strategy Is Paying Off in a Big Way
- Constellation Brands: Beer Growth and Buybacks Mask Stock’s Slump
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.
