Lennox International Inc. (NYSE:LII) Receives $614.62 Consensus Price Target from Analysts

Shares of Lennox International Inc. (NYSE:LII) have earned a consensus recommendation of “Hold” from the thirteen brokerages that are presently covering the company, Marketbeat reports. Four analysts have rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $614.62.

Several research firms have recently weighed in on LII. UBS Group upped their price objective on Lennox International from $575.00 to $625.00 and gave the company a “neutral” rating in a research note on Friday, January 3rd. Stephens reiterated an “overweight” rating and issued a $750.00 price objective on shares of Lennox International in a research note on Friday, March 7th. Northcoast Research began coverage on Lennox International in a research note on Friday, November 22nd. They issued a “sell” rating and a $475.00 price objective on the stock. JPMorgan Chase & Co. upped their price objective on Lennox International from $536.00 to $565.00 and gave the company an “underweight” rating in a research note on Thursday, January 30th. Finally, Wells Fargo & Company reiterated an “underweight” rating and issued a $580.00 price objective (down from $630.00) on shares of Lennox International in a research note on Monday, February 3rd.

Lennox International Stock Performance

Shares of NYSE LII opened at $588.70 on Tuesday. The business’s 50-day moving average price is $612.73 and its two-hundred day moving average price is $615.25. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.43 and a quick ratio of 0.90. Lennox International has a one year low of $445.63 and a one year high of $682.50. The company has a market capitalization of $20.95 billion, a P/E ratio of 26.12, a price-to-earnings-growth ratio of 2.36 and a beta of 1.13.

Lennox International (NYSE:LII) last posted its quarterly earnings results on Wednesday, January 29th. The construction company reported $5.60 EPS for the quarter, beating the consensus estimate of $4.12 by $1.48. Lennox International had a return on equity of 126.79% and a net margin of 15.11%. Analysts anticipate that Lennox International will post 22.94 earnings per share for the current fiscal year.

Insider Buying and Selling at Lennox International

In other Lennox International news, CAO Chris Kosel sold 194 shares of the stock in a transaction on Friday, February 21st. The stock was sold at an average price of $644.20, for a total value of $124,974.80. Following the transaction, the chief accounting officer now directly owns 1,282 shares in the company, valued at approximately $825,864.40. This trade represents a 13.14 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 10.40% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of LII. Entropy Technologies LP bought a new position in Lennox International in the 3rd quarter valued at $689,000. Huntington National Bank lifted its stake in shares of Lennox International by 47.9% in the 3rd quarter. Huntington National Bank now owns 71 shares of the construction company’s stock valued at $43,000 after purchasing an additional 23 shares during the period. First Horizon Advisors Inc. acquired a new position in shares of Lennox International in the 3rd quarter valued at $39,000. Eagle Asset Management Inc. lifted its stake in shares of Lennox International by 7.7% in the 3rd quarter. Eagle Asset Management Inc. now owns 14,673 shares of the construction company’s stock valued at $9,258,000 after purchasing an additional 1,047 shares during the period. Finally, Quantbot Technologies LP acquired a new position in shares of Lennox International in the 3rd quarter valued at $77,000. 67.07% of the stock is currently owned by institutional investors.

About Lennox International

Lennox International Inc, together with its subsidiaries, designs, manufactures, and markets a range of products for the heating, ventilation, air conditioning, and refrigeration markets in the United States, Canada, and internationally. The Home Comfort Solutions segment provides furnaces, air conditioners, heat pumps, packaged heating and cooling systems, indoor air quality equipment, comfort control products, and replacement parts and supplies; residential heating, ventilation, cooling equipment, and air conditioning; and evaporator coils and unit heaters under Lennox, Dave Lennox Signature Collection, Armstrong Air, Ducane, AirEase, Concord, MagicPak, Advanced Distributor Products, Allied, Elite Series, Merit Series, Comfort Sync, Healthy Climate, iComfort, ComfortSense, and Lennox Stores name.