Public Employees Retirement System of Ohio Makes New Investment in Lennox International, Inc. $LII

Public Employees Retirement System of Ohio acquired a new stake in Lennox International, Inc. (NYSE:LII) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 8,983 shares of the construction company’s stock, valued at approximately $5,147,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Connor Clark & Lunn Investment Management Ltd. bought a new stake in Lennox International during the 2nd quarter valued at $10,596,000. Capstone Investment Advisors LLC acquired a new position in Lennox International during the second quarter worth $2,991,000. Legal & General Group Plc bought a new position in shares of Lennox International in the second quarter valued at $54,927,000. Bank of Nova Scotia acquired a new position in shares of Lennox International during the second quarter valued at about $1,892,000. Finally, Deutsche Bank AG acquired a new position in shares of Lennox International during the second quarter valued at about $159,181,000. Institutional investors own 67.07% of the company’s stock.

Lennox International Stock Down 0.9%

LII opened at $373.94 on Thursday. 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 company’s 50-day moving average is $480.35 and its 200 day moving average is $497.86. Lennox International, Inc. has a fifty-two week low of $371.65 and a fifty-two week high of $587.27. The firm has a market capitalization of $12.92 billion, a P/E ratio of 16.91, a PEG ratio of 1.48 and a beta of 1.18.

Lennox International (NYSE:LII) last issued its quarterly earnings data on Wednesday, July 29th. The construction company reported $7.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $7.67 by $0.05. The business had revenue of $1.55 billion during the quarter, compared to the consensus estimate of $1.56 billion. Lennox International had a net margin of 14.61% and a return on equity of 66.42%. The firm’s quarterly revenue was up 3.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $7.82 EPS. Lennox International has set its FY 2026 guidance at 23.000-24.000 EPS. Research analysts expect that Lennox International, Inc. will post 23.66 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on LII. 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 on the stock in a report on Thursday, July 30th. William Blair reiterated an “outperform” rating on shares of Lennox International in a research note on Wednesday, July 29th. Weiss Ratings lowered Lennox International from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, August 11th. Finally, The Goldman Sachs Group lowered their price objective on Lennox International from $625.00 to $547.00 and set a “buy” rating for the company in a research note on Friday, July 31st. Five analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target 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.