Lennox International (NYSE:LII) Price Target Raised to $560.00 at Wells Fargo & Company

Lennox International (NYSE:LII) had its price objective raised by Wells Fargo & Company from $520.00 to $560.00 in a research report released on Thursday morning,Benzinga reports. The firm currently has an equal weight rating on the construction company’s stock.

LII has been the topic of several other reports. Wolfe Research raised shares of Lennox International from an “underperform” rating to a “peer perform” rating in a research report on Thursday, November 13th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Lennox International in a research note on Thursday, January 22nd. Wall Street Zen cut shares of Lennox International from a “hold” rating to a “sell” rating in a report on Saturday, February 21st. William Blair reissued an “outperform” rating on shares of Lennox International in a research report on Thursday. Finally, UBS Group started coverage on shares of Lennox International in a report on Monday, January 5th. They issued a “neutral” rating and a $530.00 price objective for the company. Five investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Lennox International has a consensus rating of “Hold” and a consensus target price of $593.83.

Lennox International Stock Down 4.1%

LII stock opened at $528.31 on Thursday. The business has a 50 day moving average of $526.78 and a 200 day moving average of $522.27. The firm has a market cap of $18.39 billion, a PE ratio of 23.75, a price-to-earnings-growth ratio of 2.13 and a beta of 1.16. Lennox International has a twelve month low of $443.19 and a twelve month high of $689.44. The company has a quick ratio of 0.63, a current ratio of 1.60 and a debt-to-equity ratio of 0.98.

Lennox International (NYSE:LII) last released its earnings results on Wednesday, January 28th. The construction company reported $4.45 EPS for the quarter, missing the consensus estimate of $4.76 by ($0.31). Lennox International had a return on equity of 80.23% and a net margin of 15.13%.The company had revenue of $1.20 billion during the quarter, compared to the consensus estimate of $1.27 billion. During the same period last year, the firm posted $5.60 earnings per share. The company’s revenue was down 11.2% compared to the same quarter last year. Lennox International has set its FY 2026 guidance at 23.500-25.000 EPS. On average, research analysts forecast that Lennox International will post 22.94 EPS for the current fiscal year.

Insider Transactions at Lennox International

In related news, Director Todd J. Teske sold 700 shares of Lennox International stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $533.45, for a total value of $373,415.00. Following the completion of the sale, the director owned 6,881 shares of the company’s stock, valued at $3,670,669.45. The trade was a 9.23% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Chris Kosel sold 254 shares of the company’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 sale, the chief accounting officer owned 1,090 shares of the company’s stock, valued at approximately $584,785. This trade represents a 18.90% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,054 shares of company stock worth $563,687 in the last ninety days. Insiders own 9.73% of the company’s stock.

Hedge Funds Weigh In On Lennox International

Institutional investors have recently made changes to their positions in the business. Root Financial Partners LLC bought a new stake in Lennox International during the third quarter valued at approximately $28,000. Huntington National Bank boosted its stake in shares of Lennox International by 51.8% during the 4th quarter. Huntington National Bank now owns 85 shares of the construction company’s stock worth $41,000 after acquiring an additional 29 shares during the last quarter. Covestor Ltd boosted its stake in shares of Lennox International by 217.2% during the 3rd quarter. Covestor Ltd now owns 92 shares of the construction company’s stock worth $48,000 after acquiring an additional 63 shares during the last quarter. MUFG Securities EMEA plc bought a new stake in shares of Lennox International during the 2nd quarter valued at $54,000. Finally, Bessemer Group Inc. increased its stake in shares of Lennox International by 52.8% in the 3rd quarter. Bessemer Group Inc. now owns 110 shares of the construction company’s stock worth $59,000 after purchasing an additional 38 shares in the last quarter. Institutional investors own 67.07% of the company’s stock.

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.