Brokerages Set Lennox International Inc. (NYSE:LII) PT at $473.67

Shares of Lennox International Inc. (NYSE:LII) have been given a consensus recommendation of “Moderate Buy” by the twelve brokerages that are currently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and eight have given a buy rating to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $473.67.

LII has been the topic of a number of recent analyst reports. TD Cowen raised their price target on shares of Lennox International from $450.00 to $505.00 and gave the company an “outperform” rating in a report on Wednesday, March 6th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Lennox International in a report on Thursday, February 1st. They issued a “buy” rating and a $523.00 price target on the stock. Mizuho raised their price target on shares of Lennox International from $490.00 to $540.00 and gave the company a “buy” rating in a report on Monday, April 1st. KeyCorp raised their price target on shares of Lennox International from $500.00 to $515.00 and gave the company an “overweight” rating in a report on Wednesday, April 10th. Finally, StockNews.com cut shares of Lennox International from a “buy” rating to a “hold” rating in a report on Friday, February 9th.

Lennox International Stock Down 1.9 %

Shares of Lennox International stock opened at $467.84 on Friday. The company has a debt-to-equity ratio of 4.01, a current ratio of 1.41 and a quick ratio of 0.72. Lennox International has a 1 year low of $256.74 and a 1 year high of $501.72. The firm’s 50-day moving average is $471.32 and its two-hundred day moving average is $434.59. The stock has a market cap of $16.67 billion, a price-to-earnings ratio of 28.29, a PEG ratio of 2.26 and a beta of 1.02.

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

Lennox International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Friday, March 29th were given a $1.10 dividend. This represents a $4.40 annualized dividend and a dividend yield of 0.94%. The ex-dividend date was Wednesday, March 27th. Lennox International’s payout ratio is currently 26.60%.

Insider Activity at Lennox International

In other Lennox International news, EVP Gary S. Bedard sold 1,849 shares of the firm’s stock in a transaction that occurred on Monday, March 18th. The shares were sold at an average price of $473.59, for a total transaction of $875,667.91. Following the completion of the transaction, the executive vice president now directly owns 20,465 shares of the company’s stock, valued at approximately $9,692,019.35. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In other Lennox International news, EVP Gary S. Bedard sold 1,849 shares of the firm’s stock in a transaction that occurred on Monday, March 18th. The shares were sold at an average price of $473.59, for a total transaction of $875,667.91. Following the completion of the transaction, the executive vice president now directly owns 20,465 shares of the company’s stock, valued at approximately $9,692,019.35. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Joseph William Reitmeier sold 1,930 shares of the firm’s stock in a transaction that occurred on Wednesday, February 28th. The stock was sold at an average price of $471.48, for a total transaction of $909,956.40. Following the transaction, the executive vice president now directly owns 24,533 shares of the company’s stock, valued at $11,566,818.84. The disclosure for this sale can be found here. 10.40% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Lennox International

Institutional investors have recently made changes to their positions in the company. Rise Advisors LLC purchased a new position in shares of Lennox International during the 1st quarter valued at approximately $41,000. Tobam increased its holdings in shares of Lennox International by 1,640.0% during the 4th quarter. Tobam now owns 87 shares of the construction company’s stock valued at $39,000 after purchasing an additional 82 shares in the last quarter. Livforsakringsbolaget Skandia Omsesidigt purchased a new position in shares of Lennox International during the 4th quarter valued at approximately $42,000. GAMMA Investing LLC purchased a new position in shares of Lennox International during the 4th quarter valued at approximately $80,000. Finally, V Square Quantitative Management LLC increased its holdings in shares of Lennox International by 66.0% during the 4th quarter. V Square Quantitative Management LLC now owns 352 shares of the construction company’s stock valued at $158,000 after purchasing an additional 140 shares in the last quarter. 67.07% of the stock is 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.