Lennox International, Inc. (NYSE:LII – Get Free Report)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $524.94 and traded as high as $572.66. Lennox International shares last traded at $561.51, with a volume of 366,245 shares traded.
Analyst Upgrades and Downgrades
A number of research analysts have issued reports on LII shares. Wells Fargo & Company decreased their target price on Lennox International from $525.00 to $520.00 and set an “equal weight” rating on the stock in a research report on Thursday, January 29th. Wolfe Research raised shares of Lennox International from an “underperform” rating to a “peer perform” rating in a report on Thursday, November 13th. Wall Street Zen cut shares of Lennox International from a “hold” rating to a “sell” rating in a research report on Saturday. Barclays dropped their price objective on shares of Lennox International from $680.00 to $667.00 and set an “overweight” rating for the company in a research note on Wednesday, January 7th. Finally, Morgan Stanley cut their target price on shares of Lennox International from $475.00 to $450.00 and set an “underweight” rating on the stock in a research report on Monday, February 2nd. Four analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $593.00.
View Our Latest Analysis on LII
Lennox International Stock Performance
Lennox International (NYSE:LII – Get Free Report) last issued its quarterly earnings results on Wednesday, January 28th. The construction company reported $4.45 EPS for the quarter, missing analysts’ consensus estimates of $4.76 by ($0.31). The firm had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.27 billion. Lennox International had a net margin of 15.13% and a return on equity of 80.23%. The business’s revenue was down 11.2% compared to the same quarter last year. During the same period last year, the company posted $5.60 EPS. Lennox International has set its FY 2026 guidance at 23.500-25.000 EPS. On average, equities research analysts anticipate that Lennox International, Inc. will post 22.94 EPS for the current fiscal year.
Lennox International Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Wednesday, December 31st were issued a $1.30 dividend. This represents a $5.20 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Wednesday, December 31st. Lennox International’s dividend payout ratio is currently 23.38%.
Insider Transactions at Lennox International
In related news, Director Todd J. Teske sold 700 shares of the company’s stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $533.45, for a total transaction of $373,415.00. Following the completion of the sale, the director owned 6,881 shares in the company, valued at approximately $3,670,669.45. This represents a 9.23% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CAO Chris Kosel sold 254 shares of the firm’s stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $536.50, for a total value of $136,271.00. Following the transaction, the chief accounting officer owned 1,090 shares in the company, valued at approximately $584,785. This trade represents a 18.90% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 9.73% of the stock is currently owned by insiders.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently added to or reduced their stakes in LII. Nicholas Company Inc. increased its stake in Lennox International by 0.4% in the 4th quarter. Nicholas Company Inc. now owns 6,600 shares of the construction company’s stock valued at $3,205,000 after buying an additional 25 shares during the last quarter. Eukles Asset Management grew its holdings in shares of Lennox International by 2.8% in the second quarter. Eukles Asset Management now owns 1,019 shares of the construction company’s stock valued at $584,000 after acquiring an additional 28 shares in the last quarter. Huntington National Bank increased its position in shares of Lennox International by 51.8% during the fourth quarter. Huntington National Bank now owns 85 shares of the construction company’s stock valued at $41,000 after acquiring an additional 29 shares during the last quarter. QV Investors Inc. increased its position in shares of Lennox International by 0.6% during the second quarter. QV Investors Inc. now owns 5,089 shares of the construction company’s stock valued at $2,917,000 after acquiring an additional 30 shares during the last quarter. Finally, First Horizon Advisors Inc. lifted its holdings in Lennox International by 52.9% during the second quarter. First Horizon Advisors Inc. now owns 107 shares of the construction company’s stock worth $61,000 after acquiring an additional 37 shares during the period. 67.07% of the stock is currently owned by hedge funds and other institutional investors.
About Lennox International
Lennox International Inc is a global manufacturer of climate control products and services, principally serving residential and commercial heating, ventilation and air conditioning (HVAC) markets. The company designs, engineers and produces a range of products including furnaces, air conditioners, heat pumps, air handlers, packaged rooftop units and related controls and indoor air quality equipment. Lennox also supplies aftermarket parts and accessories and supports its product lines with technical service, training and warranty programs for dealer and distribution partners.
Originally founded in 1895 by Dave Lennox, the company has grown from its early roots into a multinational business with operations concentrated in North America and a presence in other international markets.
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