Lennox International Inc. (NYSE:LII) Receives Consensus Rating of “Hold” from Brokerages

Shares of Lennox International Inc. (NYSE:LII) have earned an average recommendation of “Hold” from the twelve research firms that are currently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and five have given a buy recommendation to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $583.92.

A number of equities research analysts have issued reports on LII shares. Mizuho boosted their target price on shares of Lennox International from $650.00 to $675.00 and gave the company an “outperform” rating in a report on Thursday, October 24th. Stephens reaffirmed an “overweight” rating and issued a $675.00 price target on shares of Lennox International in a report on Thursday, July 25th. Wells Fargo & Company upped their price target on shares of Lennox International from $570.00 to $615.00 and gave the stock an “equal weight” rating in a report on Monday, October 7th. Royal Bank of Canada upped their price target on shares of Lennox International from $604.00 to $619.00 and gave the stock a “sector perform” rating in a report on Thursday, October 24th. Finally, Robert W. Baird upped their price target on shares of Lennox International from $648.00 to $656.00 and gave the stock a “neutral” rating in a report on Thursday, October 24th.

Insider Buying and Selling at Lennox International

In other Lennox International news, Director Todd J. Teske sold 2,000 shares of the company’s stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $574.05, for a total transaction of $1,148,100.00. Following the completion of the sale, the director now directly owns 8,411 shares in the company, valued at $4,828,334.55. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. In other news, EVP Prakash Bedapudi sold 3,434 shares of the stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $578.00, for a total transaction of $1,984,852.00. Following the completion of the sale, the executive vice president now directly owns 21,536 shares in the company, valued at approximately $12,447,808. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Todd J. Teske sold 2,000 shares of the stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $574.05, for a total transaction of $1,148,100.00. Following the sale, the director now owns 8,411 shares of the company’s stock, valued at approximately $4,828,334.55. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 12,214 shares of company stock worth $7,123,108 over the last three months. Company insiders own 10.40% of the company’s stock.

Institutional Trading of Lennox International

A number of institutional investors have recently modified their holdings of LII. BNP Paribas Financial Markets boosted its holdings in shares of Lennox International by 21.6% during the first quarter. BNP Paribas Financial Markets now owns 21,980 shares of the construction company’s stock worth $10,743,000 after purchasing an additional 3,905 shares during the period. BI Asset Management Fondsmaeglerselskab A S lifted its holdings in Lennox International by 12.6% in the first quarter. BI Asset Management Fondsmaeglerselskab A S now owns 1,840 shares of the construction company’s stock worth $899,000 after buying an additional 206 shares during the period. SG Americas Securities LLC lifted its holdings in Lennox International by 279.7% in the first quarter. SG Americas Securities LLC now owns 25,754 shares of the construction company’s stock worth $12,588,000 after buying an additional 18,972 shares during the period. Forsta AP Fonden lifted its holdings in Lennox International by 165.0% in the first quarter. Forsta AP Fonden now owns 21,200 shares of the construction company’s stock worth $10,362,000 after buying an additional 13,200 shares during the period. Finally, Lord Abbett & CO. LLC lifted its holdings in Lennox International by 1.1% in the first quarter. Lord Abbett & CO. LLC now owns 9,076 shares of the construction company’s stock worth $4,436,000 after buying an additional 96 shares during the period. 67.07% of the stock is currently owned by hedge funds and other institutional investors.

Lennox International Trading Up 3.5 %

Shares of LII stock opened at $625.62 on Wednesday. The company’s fifty day simple moving average is $595.62 and its two-hundred day simple moving average is $550.65. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.39 and a quick ratio of 0.87. Lennox International has a 1 year low of $381.49 and a 1 year high of $627.46. The stock has a market capitalization of $22.29 billion, a price-to-earnings ratio of 29.71, a PEG ratio of 1.85 and a beta of 1.07.

Lennox International (NYSE:LII) last issued its earnings results on Wednesday, October 23rd. The construction company reported $6.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.95 by $0.73. Lennox International had a net margin of 14.63% and a return on equity of 148.52%. The business had revenue of $1.50 billion for the quarter, compared to analysts’ expectations of $1.42 billion. During the same quarter in the previous year, the firm posted $5.37 EPS. The business’s revenue for the quarter was up 9.6% compared to the same quarter last year. As a group, analysts anticipate that Lennox International will post 21.06 earnings per share for the current year.

Lennox International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were given a dividend of $1.15 per share. The ex-dividend date of this dividend was Monday, September 30th. This represents a $4.60 annualized dividend and a yield of 0.74%. Lennox International’s payout ratio is 21.84%.

About Lennox International

Lennox International Inc, together with its subsidiaries, designs, manufactures, and markets a range of products for the heating, ventilation, air conditioning, and refrigeration markets in the United States, Canada, and internationally. The Home Comfort Solutions segment provides furnaces, air conditioners, heat pumps, packaged heating and cooling systems, indoor air quality equipment, comfort control products, and replacement parts and supplies; residential heating, ventilation, cooling equipment, and air conditioning; and evaporator coils and unit heaters under Lennox, Dave Lennox Signature Collection, Armstrong Air, Ducane, AirEase, Concord, MagicPak, Advanced Distributor Products, Allied, Elite Series, Merit Series, Comfort Sync, Healthy Climate, iComfort, ComfortSense, and Lennox Stores name.