Legal & General Group Plc Makes New $54.93 Million Investment in Lennox International, Inc. $LII

Legal & General Group Plc acquired a new stake in shares of Lennox International, Inc. (NYSE:LII) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 95,867 shares of the construction company’s stock, valued at approximately $54,927,000. Legal & General Group Plc owned about 0.28% of Lennox International at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in LII. Nicholas Company Inc. boosted its holdings in Lennox International by 0.4% in the fourth quarter. Nicholas Company Inc. now owns 6,600 shares of the construction company’s stock worth $3,205,000 after acquiring an additional 25 shares in the last quarter. Huntington National Bank increased its holdings 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 in the last quarter. Glenmede Trust Co. NA increased its holdings in shares of Lennox International by 4.0% during the first quarter. Glenmede Trust Co. NA now owns 907 shares of the construction company’s stock valued at $421,000 after acquiring an additional 35 shares in the last quarter. Valeo Financial Advisors LLC raised its position in shares of Lennox International by 10.3% in the 4th quarter. Valeo Financial Advisors LLC now owns 418 shares of the construction company’s stock valued at $203,000 after purchasing an additional 39 shares during the last quarter. Finally, Root Financial Partners LLC raised its position in shares of Lennox International by 137.9% in the 1st quarter. Root Financial Partners LLC now owns 69 shares of the construction company’s stock valued at $32,000 after purchasing an additional 40 shares during the last quarter. 67.07% of the stock is owned by institutional investors and hedge funds.

Lennox International Trading Up 0.6%

Lennox International stock opened at $393.39 on Friday. The company has a quick ratio of 0.77, a current ratio of 1.57 and a debt-to-equity ratio of 0.89. Lennox International, Inc. has a 52 week low of $387.45 and a 52 week high of $587.27. The company has a market capitalization of $13.60 billion, a price-to-earnings ratio of 17.78, a price-to-earnings-growth ratio of 1.54 and a beta of 1.19. The stock has a 50-day moving average price of $489.88 and a 200 day moving average price of $501.79.

Lennox International (NYSE:LII) last issued its quarterly earnings results on Wednesday, July 29th. The construction company reported $7.72 earnings per share for the quarter, topping the consensus estimate of $7.67 by $0.05. Lennox International had a net margin of 14.61% and a return on equity of 66.42%. The company had revenue of $1.55 billion for the quarter, compared to the consensus estimate of $1.56 billion. During the same quarter in the prior year, the company earned $7.82 EPS. Lennox International’s quarterly 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. Sell-side analysts anticipate that Lennox International, Inc. will post 23.69 EPS for the current year.

Analysts Set New Price Targets

LII has been the subject of a number of recent analyst reports. Royal Bank Of Canada lowered their target price on shares of Lennox International from $579.00 to $469.00 and set a “sector perform” rating for the company in a research note on Thursday, July 30th. The Goldman Sachs Group decreased their price target on shares of Lennox International from $625.00 to $547.00 and set a “buy” rating for the company in a report on Friday, July 31st. Weiss Ratings downgraded shares of Lennox International from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, August 11th. Finally, William Blair reissued an “outperform” rating on shares of Lennox International in a report on Wednesday, July 29th. Five research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $546.58.

Lennox International 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.