Lennox International (NYSE:LII) Stock Gets Price Target Trim from Oppenheimer

Lennox International (NYSE:LII) had its price target lowered by Oppenheimer from $575.00 to $548.00 in a report released on Wednesday,Benzinga reports. Oppenheimer currently has an outperform rating on the construction company’s stock.

Other research analysts have also recently issued research reports about the stock. Deutsche Bank Aktiengesellschaft cut shares of Lennox International from a “buy” rating to a “hold” rating and lowered their target price for the company from $609.00 to $444.00 in a research note on Monday, September 14th. The Goldman Sachs Group cut Lennox International from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $547.00 to $390.00 in a report on Wednesday. Morgan Stanley lowered their target price on Lennox International from $450.00 to $375.00 and set an “underweight” rating for the company in a research report on Thursday, September 3rd. William Blair reiterated an “outperform” rating on shares of Lennox International in a research report on Wednesday, July 29th. Finally, Royal Bank Of Canada lowered their price target on Lennox International from $469.00 to $406.00 and set a “sector perform” rating for the company in a research report on Wednesday. Four analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $483.46.

Lennox International Trading Down 0.2%

NYSE:LII opened at $357.71 on Wednesday. Lennox International has a 12 month low of $340.32 and a 12 month high of $587.27. The company has a 50 day simple moving average of $379.43 and a two-hundred day simple moving average of $463.97. The company has a current ratio of 1.57, a quick ratio of 0.77 and a debt-to-equity ratio of 0.89. The company has a market cap of $12.36 billion, a PE ratio of 16.17, a price-to-earnings-growth ratio of 1.49 and a beta of 1.16.

Lennox International (NYSE:LII) last announced its earnings results on Wednesday, July 29th. The construction company reported $7.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.67 by $0.05. The business had revenue of $1.55 billion for the quarter, compared to analysts’ expectations of $1.56 billion. Lennox International had a return on equity of 66.42% and a net margin of 14.61%. The business’s revenue for the quarter was up 3.0% on a year-over-year basis. During the same period last year, the firm posted $7.82 earnings per share. Lennox International has set its FY 2026 guidance at 23.000-24.000 EPS. Research analysts forecast that Lennox International will post 23.41 earnings per share for the current year.

Lennox International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th were paid a $1.36 dividend. This represents a $5.44 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date was Wednesday, September 30th. Lennox International’s dividend payout ratio is currently 24.59%.

Hedge Funds Weigh In On Lennox International

A number of institutional investors have recently modified their holdings of the stock. Glenmede Trust Co. NA raised its stake 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. Root Financial Partners LLC boosted its holdings in shares of Lennox International by 137.9% in the first 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 period. Fifth Third Wealth Advisors LLC grew its stake in Lennox International by 11.9% in the first quarter. Fifth Third Wealth Advisors LLC now owns 583 shares of the construction company’s stock worth $271,000 after purchasing an additional 62 shares in the last quarter. N.E.W. Advisory Services LLC bought a new position in Lennox International in the second quarter worth approximately $37,000. Finally, Mufg Securities Americas Inc. grew its stake in Lennox International by 8.0% in the second quarter. Mufg Securities Americas Inc. now owns 954 shares of the construction company’s stock worth $547,000 after purchasing an additional 71 shares in the last quarter. 67.07% of the stock is owned by hedge funds and other institutional investors.

About Lennox International

Lennox International Inc (NYSE:LII) is a heating, ventilation, air conditioning and refrigeration company that designs, manufactures and markets climate-control products for residential and commercial applications. Its offerings include furnaces, air conditioners, heat pumps, packaged systems, thermostats, controls and indoor air-quality products.

The company also provides commercial HVAC systems and services for offices, retail locations, industrial facilities and other buildings, as well as refrigeration equipment used in food retail and other applications.