Lennox International (NYSE:LII)‘s stock had its “neutral” rating reissued by stock analysts at UBS Group in a research report issued on Wednesday, 99wallstreet.com reports. They currently have a $215.00 target price on the construction company’s stock, down from their previous target price of $230.00. UBS Group’s target price points to a potential upside of 11.38% from the stock’s current price.

LII has been the topic of several other research reports. Credit Suisse Group reaffirmed a “neutral” rating and set a $180.00 price target (up previously from $171.00) on shares of Lennox International in a research note on Tuesday, October 24th. Stifel Nicolaus reaffirmed a “hold” rating and set a $187.00 price target on shares of Lennox International in a research note on Thursday, October 12th. Wells Fargo & Co reaffirmed a “market perform” rating and set a $210.00 price target (up previously from $193.00) on shares of Lennox International in a research note on Thursday, December 14th. They noted that the move was a valuation call. Cowen reaffirmed a “buy” rating and set a $210.00 price target on shares of Lennox International in a research note on Wednesday, November 29th. Finally, Robert W. Baird reaffirmed a “buy” rating on shares of Lennox International in a research note on Tuesday, October 24th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $201.43.

Lennox International (NYSE LII) opened at $193.04 on Wednesday. The company has a current ratio of 1.74, a quick ratio of 0.72 and a debt-to-equity ratio of 19.37. The firm has a market cap of $8,395.71, a price-to-earnings ratio of 25.31, a P/E/G ratio of 1.00 and a beta of 1.17. Lennox International has a 1-year low of $157.37 and a 1-year high of $223.05.

Lennox International (NYSE:LII) last released its quarterly earnings results on Tuesday, February 6th. The construction company reported $1.68 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.65 by $0.03. Lennox International had a net margin of 7.96% and a return on equity of 1,465.51%. The firm had revenue of $891.80 million for the quarter, compared to the consensus estimate of $906.85 million. During the same quarter in the previous year, the firm posted $1.50 EPS. The firm’s quarterly revenue was down .6% on a year-over-year basis. research analysts forecast that Lennox International will post 10.05 earnings per share for the current fiscal year.

Lennox International announced that its board has authorized a stock buyback program on Wednesday, December 13th that authorizes the company to repurchase $300.00 million in shares. This repurchase authorization authorizes the construction company to reacquire shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company’s board believes its shares are undervalued.

In other news, Chairman Todd M. Bluedorn sold 12,901 shares of the business’s stock in a transaction dated Thursday, January 4th. The shares were sold at an average price of $210.95, for a total value of $2,721,465.95. Following the completion of the sale, the chairman now owns 183,360 shares of the company’s stock, valued at approximately $38,679,792. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Gary S. Bedard sold 369 shares of the business’s stock in a transaction dated Thursday, November 30th. The stock was sold at an average price of $204.47, for a total transaction of $75,449.43. The disclosure for this sale can be found here. Insiders sold a total of 27,484 shares of company stock valued at $5,662,461 in the last three months. Insiders own 3.90% of the company’s stock.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. State Street Corp increased its position in shares of Lennox International by 10.2% in the 2nd quarter. State Street Corp now owns 1,383,849 shares of the construction company’s stock worth $254,122,000 after purchasing an additional 128,170 shares during the last quarter. Bank of New York Mellon Corp increased its position in shares of Lennox International by 0.5% in the 3rd quarter. Bank of New York Mellon Corp now owns 697,173 shares of the construction company’s stock worth $124,773,000 after purchasing an additional 3,546 shares during the last quarter. Schroder Investment Management Group increased its position in shares of Lennox International by 15.6% in the 3rd quarter. Schroder Investment Management Group now owns 538,915 shares of the construction company’s stock worth $94,805,000 after purchasing an additional 72,804 shares during the last quarter. Congress Asset Management Co. MA increased its position in shares of Lennox International by 1.3% in the 4th quarter. Congress Asset Management Co. MA now owns 478,134 shares of the construction company’s stock worth $99,576,000 after purchasing an additional 6,090 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its position in shares of Lennox International by 160.0% in the 3rd quarter. Ameriprise Financial Inc. now owns 290,008 shares of the construction company’s stock worth $51,905,000 after purchasing an additional 178,481 shares during the last quarter. 68.96% of the stock is owned by institutional investors.

TRADEMARK VIOLATION WARNING: “Lennox International (LII) Stock Rating Reaffirmed by UBS Group” was originally published by Daily Political and is the sole property of of Daily Political. If you are reading this report on another publication, it was copied illegally and republished in violation of international copyright and trademark laws. The legal version of this report can be viewed at https://www.dailypolitical.com/2018/02/09/lennox-international-lii-stock-rating-reaffirmed-by-ubs-group.html.

About Lennox International

Lennox International Inc is a provider of climate control solutions. The Company designs, manufactures and markets a range of products for the heating, ventilation, air conditioning and refrigeration (HVACR) markets. It operates through three segments: Residential Heating & Cooling; Commercial Heating & Cooling, and Refrigeration.

Analyst Recommendations for Lennox International (NYSE:LII)

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.