Lennox International Inc. (NYSE:LII) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Lennox International Inc. (NYSE:LII) have been assigned a consensus rating of “Moderate Buy” from the twelve ratings firms that are currently covering the firm, MarketBeat reports. One analyst has rated the stock with a sell rating, three have given a hold rating and eight have given a buy rating to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $473.67.

LII has been the topic of several research analyst reports. TD Cowen upped their price objective on Lennox International from $450.00 to $505.00 and gave the company an “outperform” rating in a research report on Wednesday, March 6th. Wells Fargo & Company raised their price objective on Lennox International from $491.00 to $545.00 and gave the stock an “overweight” rating in a report on Tuesday, April 2nd. Mizuho upped their target price on Lennox International from $490.00 to $540.00 and gave the stock a “buy” rating in a report on Monday, April 1st. Deutsche Bank Aktiengesellschaft assumed coverage on Lennox International in a research note on Thursday, February 1st. They set a “buy” rating and a $523.00 price target on the stock. Finally, KeyCorp upped their price objective on shares of Lennox International from $500.00 to $515.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 10th.

Insider Activity

In other Lennox International news, EVP Gary S. Bedard sold 1,849 shares of the business’s stock in a transaction dated Monday, March 18th. The stock was sold at an average price of $473.59, for a total transaction of $875,667.91. Following the sale, the executive vice president now owns 20,465 shares in the company, valued at approximately $9,692,019.35. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In related news, EVP Joseph William Reitmeier sold 1,930 shares of the firm’s stock in a transaction dated Wednesday, February 28th. The stock was sold at an average price of $471.48, for a total transaction of $909,956.40. Following the sale, the executive vice president now directly owns 24,533 shares of the company’s stock, valued at $11,566,818.84. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Gary S. Bedard sold 1,849 shares of the company’s stock in a transaction that occurred on Monday, March 18th. The stock was sold at an average price of $473.59, for a total value of $875,667.91. Following the completion of the sale, the executive vice president now owns 20,465 shares in the company, valued at approximately $9,692,019.35. The disclosure for this sale can be found here. Corporate insiders own 10.40% of the company’s stock.

Institutional Trading of Lennox International

A number of institutional investors and hedge funds have recently modified their holdings of the stock. SG Americas Securities LLC raised its stake in Lennox International by 105.3% in the 4th quarter. SG Americas Securities LLC now owns 6,782 shares of the construction company’s stock valued at $3,035,000 after purchasing an additional 3,478 shares during the last quarter. Forsta AP Fonden raised its position in shares of Lennox International by 11.8% in the third quarter. Forsta AP Fonden now owns 22,700 shares of the construction company’s stock valued at $8,500,000 after buying an additional 2,400 shares during the last quarter. iA Global Asset Management Inc. purchased a new position in shares of Lennox International in the third quarter worth about $8,067,000. DNB Asset Management AS acquired a new position in Lennox International during the fourth quarter worth about $5,393,000. Finally, Rappaport Reiches Capital Management LLC acquired a new position in Lennox International during the fourth quarter worth about $239,000. Hedge funds and other institutional investors own 67.07% of the company’s stock.

Lennox International Stock Performance

Shares of NYSE:LII opened at $457.15 on Friday. Lennox International has a 12 month low of $256.74 and a 12 month high of $501.72. The company has a market cap of $16.28 billion, a price-to-earnings ratio of 27.64, a price-to-earnings-growth ratio of 2.25 and a beta of 1.02. The company has a 50-day moving average price of $469.85 and a 200-day moving average price of $432.12. The company has a current ratio of 1.41, a quick ratio of 0.72 and a debt-to-equity ratio of 4.01.

Lennox International (NYSE:LII) last released its quarterly earnings data on Wednesday, January 31st. The construction company reported $3.63 earnings per share for the quarter, beating the consensus estimate of $3.46 by $0.17. The firm had revenue of $1.15 billion during the quarter, compared to analysts’ expectations of $1.15 billion. Lennox International had a net margin of 11.85% and a return on equity of 671.77%. As a group, equities analysts anticipate that Lennox International will post 19.74 EPS for the current year.

Lennox International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Friday, March 29th were issued a $1.10 dividend. This represents a $4.40 annualized dividend and a yield of 0.96%. The ex-dividend date of this dividend was Wednesday, March 27th. Lennox International’s dividend payout ratio is presently 26.60%.

Lennox International Company Profile

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.