Mitsubishi UFJ Asset Management Co. Ltd. Acquires New Stake in Lennox International, Inc. $LII

Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in shares of Lennox International, Inc. (NYSE:LII) during the 2nd quarter, Holdings Channel.com reports. The institutional investor purchased 76,927 shares of the construction company’s stock, valued at approximately $44,075,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of LII. Bank of New York Mellon Corp purchased a new stake in shares of Lennox International in the 2nd quarter valued at approximately $109,955,000. Ameriprise Financial Inc. lifted its holdings in shares of Lennox International by 296.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 71,815 shares of the construction company’s stock valued at $41,168,000 after purchasing an additional 53,679 shares during the last quarter. Campbell Newman Asset Management Inc. purchased a new position in Lennox International during the 1st quarter worth approximately $17,555,000. SG Americas Securities LLC increased its position in Lennox International by 78.0% during the first quarter. SG Americas Securities LLC now owns 56,797 shares of the construction company’s stock worth $26,361,000 after buying an additional 24,893 shares during the period. Finally, Entropy Technologies LP lifted its stake in Lennox International by 410.9% in the first quarter. Entropy Technologies LP now owns 19,278 shares of the construction company’s stock valued at $8,947,000 after buying an additional 15,505 shares during the last quarter. 67.07% of the stock is currently owned by hedge funds and other institutional investors.

Lennox International Price Performance

Shares of NYSE:LII opened at $419.87 on Thursday. The firm has a market capitalization of $14.51 billion, a price-to-earnings ratio of 18.98, a price-to-earnings-growth ratio of 1.62 and a beta of 1.19. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.57 and a quick ratio of 0.77. The business’s 50 day simple moving average is $507.59 and its 200-day simple moving average is $507.46. Lennox International, Inc. has a 12 month low of $407.94 and a 12 month high of $615.75.

Lennox International (NYSE:LII) last issued its quarterly earnings data on Wednesday, July 29th. The construction company reported $7.72 EPS for the quarter, beating analysts’ consensus estimates of $7.67 by $0.05. Lennox International had a net margin of 14.61% and a return on equity of 66.42%. The firm had revenue of $1.55 billion for the quarter, compared to analysts’ expectations of $1.56 billion. During the same period in the prior year, the company earned $7.82 EPS. The firm’s revenue was up 3.0% on a year-over-year basis. Lennox International has set its FY 2026 guidance at 23.000-24.000 EPS. As a group, equities analysts forecast that Lennox International, Inc. will post 23.69 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

LII has been the topic of a number of recent research reports. Royal Bank Of Canada cut their target price on shares of Lennox International from $579.00 to $469.00 and set a “sector perform” rating on the stock in a report on Thursday, July 30th. Wells Fargo & Company increased their price target on shares of Lennox International from $480.00 to $555.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 30th. Vertical Research raised shares of Lennox International from a “hold” rating to a “buy” rating and set a $600.00 price objective on the stock in a research report on Thursday, April 30th. The Goldman Sachs Group dropped their price objective on shares of Lennox International from $625.00 to $547.00 and set a “buy” rating on the stock in a research note on Friday, July 31st. Finally, Barclays reduced their target price on shares of Lennox International from $600.00 to $597.00 and set an “overweight” rating for the company in a report on Thursday, April 30th. Five equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Lennox International has a consensus rating of “Hold” and an average target price of $546.58.

Lennox International Company Profile

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.