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

Shares of Lennox International Inc. (NYSE:LII) have received an average recommendation of “Hold” from the twelve analysts that are covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and six have given a buy rating to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $555.00.

Several research analysts have recently weighed in on the stock. KeyCorp upped their price target on shares of Lennox International from $515.00 to $600.00 and gave the stock an “overweight” rating in a report on Monday, July 22nd. The Goldman Sachs Group lifted their price target on Lennox International from $507.00 to $575.00 and gave the company a “buy” rating in a research report on Wednesday, July 10th. Barclays upped their price objective on shares of Lennox International from $517.00 to $550.00 and gave the stock an “equal weight” rating in a research report on Friday, July 26th. Stephens reiterated an “overweight” rating and set a $675.00 target price on shares of Lennox International in a research report on Thursday, July 25th. Finally, TD Cowen increased their price target on shares of Lennox International from $550.00 to $600.00 and gave the stock a “buy” rating in a report on Friday, June 21st.

Lennox International Stock Performance

NYSE:LII opened at $612.54 on Tuesday. Lennox International has a 52-week low of $334.53 and a 52-week high of $627.09. The business’s fifty day moving average is $570.55 and its 200 day moving average is $522.30. The company has a debt-to-equity ratio of 1.95, a quick ratio of 0.90 and a current ratio of 1.60. The firm has a market cap of $21.82 billion, a price-to-earnings ratio of 35.49, a PEG ratio of 1.81 and a beta of 1.07.

Lennox International (NYSE:LII) last released its quarterly earnings data on Wednesday, July 24th. The construction company reported $6.83 EPS for the quarter, beating analysts’ consensus estimates of $6.55 by $0.28. The company had revenue of $1.45 billion during the quarter, compared to analyst estimates of $1.48 billion. Lennox International had a net margin of 12.85% and a return on equity of 198.36%. Lennox International’s revenue was up 2.8% compared to the same quarter last year. During the same period last year, the business earned $6.15 earnings per share. Research analysts predict that Lennox International will post 20.32 EPS for the current year.

Insider Transactions at Lennox International

In related news, EVP Prakash Bedapudi sold 3,434 shares of the stock in a transaction dated Monday, August 19th. The stock was 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. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In related news, CAO Chris Kosel sold 1,744 shares of Lennox International stock in a transaction on Friday, July 26th. The shares were sold at an average price of $573.79, for a total value of $1,000,689.76. Following the transaction, the chief accounting officer now directly owns 1,646 shares of the company’s stock, valued at $944,458.34. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Prakash Bedapudi sold 3,434 shares of the firm’s stock in a transaction on Monday, August 19th. The stock was 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. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 13,052 shares of company stock worth $7,563,793. 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 the company. Massmutual Trust Co. FSB ADV increased its holdings in Lennox International by 38.8% during the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 68 shares of the construction company’s stock valued at $36,000 after purchasing an additional 19 shares during the period. L & S Advisors Inc increased its stake in shares of Lennox International by 0.8% during the second quarter. L & S Advisors Inc now owns 5,335 shares of the construction company’s stock valued at $2,854,000 after buying an additional 40 shares during the period. Argent Trust Co raised its holdings in shares of Lennox International by 6.6% during the second quarter. Argent Trust Co now owns 665 shares of the construction company’s stock valued at $356,000 after acquiring an additional 41 shares in the last quarter. Innealta Capital LLC purchased a new stake in Lennox International in the second quarter worth $33,000. Finally, Toronto Dominion Bank boosted its holdings in Lennox International by 2.2% in the second quarter. Toronto Dominion Bank now owns 3,119 shares of the construction company’s stock valued at $1,669,000 after acquiring an additional 66 shares in the last quarter. 67.07% of the stock is currently owned by hedge funds and other institutional investors.

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.