Lennox International, Inc. $LII Stock: Valley National Advisers Inc. Raises Holdings

Valley National Advisers Inc. lifted its holdings in Lennox International, Inc. (NYSE:LII) by 59.9% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 6,099 shares of the construction company’s stock after buying an additional 2,285 shares during the period. Valley National Advisers Inc.’s holdings in Lennox International were worth $2,165,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Beacon Pointe Advisors LLC acquired a new stake in Lennox International during the second quarter worth approximately $239,217,000. Jefferies Financial Group Inc. bought a new stake in Lennox International in the second quarter worth approximately $3,644,000. Connor Clark & Lunn Investment Management Ltd. bought a new stake in Lennox International in the second quarter worth approximately $10,596,000. Capstone Investment Advisors LLC bought a new stake in Lennox International in the second quarter worth approximately $2,991,000. Finally, Legal & General Group Plc acquired a new position in Lennox International in the second quarter valued at approximately $54,927,000. 67.07% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on LII shares. Oppenheimer cut their price target on Lennox International from $575.00 to $548.00 and set an “outperform” rating on the stock in a report on Wednesday, October 14th. Deutsche Bank Aktiengesellschaft downgraded shares of Lennox International from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $609.00 to $444.00 in a research report on Monday, September 14th. Weiss Ratings lowered shares of Lennox International from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, August 11th. Morgan Stanley lowered their price objective on shares of Lennox International from $375.00 to $350.00 and set an “underweight” rating for the company in a research note on Thursday, October 15th. Finally, William Blair reiterated an “outperform” rating on shares of Lennox International in a research report on Wednesday, July 29th. Four analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have given 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 price target of $483.46.

Lennox International Stock Performance

Shares of LII opened at $375.87 on Friday. 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 stock has a 50-day moving average of $373.95 and a 200-day moving average of $460.89. The company has a market cap of $12.99 billion, a PE ratio of 16.99, a P/E/G ratio of 1.57 and a beta of 1.16. Lennox International, Inc. has a one year low of $340.32 and a one year high of $587.27.

Lennox International (NYSE:LII) last issued its earnings results 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 return on equity of 66.42% and a net margin of 14.61%. The business had revenue of $1.55 billion during the quarter, compared to analyst estimates of $1.56 billion. During the same period in the previous year, the company posted $7.82 EPS. The firm’s revenue was up 3.0% compared to the same quarter last year. Lennox International has set its FY 2026 guidance at 23.000-24.000 EPS. On average, equities research analysts predict that Lennox International, Inc. will post 23.27 EPS for the current fiscal year.

Lennox International Dividend Announcement

The company also recently disclosed 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 1.4%. The ex-dividend date of this dividend was Wednesday, September 30th. Lennox International’s dividend payout ratio (DPR) is 24.59%.

Lennox International Profile

Lennox International Inc is a heating, ventilation, air conditioning and refrigeration company headquartered in Richardson, Texas. Founded in 1895 by Dave Lennox, the company develops and markets products designed to provide climate control and improve indoor air quality in residential and commercial buildings.

Its product portfolio includes air conditioners, heat pumps, furnaces, air handlers, thermostats, indoor air-quality equipment and related controls. Lennox also provides commercial heating and cooling systems, replacement components, installation support and other services through distributors, dealers and contractors.

Lennox primarily serves customers in the United States and Canada, with products and services also marketed in selected international markets.