Lennox International Inc. (NYSE:LII) Given Average Recommendation of “Hold” by Brokerages

Shares of Lennox International Inc. (NYSE:LII) have been assigned an average recommendation of “Hold” from the thirteen analysts that are covering the firm, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating on the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $606.15.

A number of equities research analysts have recently commented on LII shares. Barclays raised Lennox International from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $665.00 to $702.00 in a research report on Wednesday, February 26th. Wells Fargo & Company restated an “underweight” rating and set a $580.00 target price (down from $630.00) on shares of Lennox International in a report on Monday, February 3rd. JPMorgan Chase & Co. reduced their price target on shares of Lennox International from $565.00 to $455.00 and set an “underweight” rating for the company in a report on Tuesday. Morgan Stanley assumed coverage on shares of Lennox International in a report on Monday, January 6th. They set an “underweight” rating and a $595.00 price objective on the stock. Finally, UBS Group upped their target price on shares of Lennox International from $575.00 to $625.00 and gave the stock a “neutral” rating in a research note on Friday, January 3rd.

Insider Buying and Selling at Lennox International

In other news, CAO Chris Kosel sold 194 shares of the stock in a transaction that occurred 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 completion of the sale, the chief accounting officer now owns 1,282 shares of the company’s stock, valued at approximately $825,864.40. This represents a 13.14 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 10.40% of the company’s stock.

Institutional Trading of Lennox International

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Quantbot Technologies LP bought a new position in shares of Lennox International in the 3rd quarter valued at about $77,000. Public Employees Retirement System of Ohio grew its holdings in Lennox International by 0.8% during the third quarter. Public Employees Retirement System of Ohio now owns 17,333 shares of the construction company’s stock worth $10,474,000 after purchasing an additional 145 shares during the period. Geode Capital Management LLC increased its position in Lennox International by 2.2% during the third quarter. Geode Capital Management LLC now owns 571,095 shares of the construction company’s stock worth $345,645,000 after buying an additional 12,183 shares during the last quarter. Toronto Dominion Bank raised its stake in Lennox International by 27.0% in the third quarter. Toronto Dominion Bank now owns 3,960 shares of the construction company’s stock valued at $2,393,000 after buying an additional 841 shares during the period. Finally, Anchor Investment Management LLC acquired a new stake in shares of Lennox International in the third quarter valued at approximately $124,000. 67.07% of the stock is owned by institutional investors.

Lennox International Price Performance

Lennox International stock opened at $561.18 on Friday. The company has a current ratio of 1.43, a quick ratio of 0.90 and a debt-to-equity ratio of 0.98. The firm has a market capitalization of $19.97 billion, a P/E ratio of 24.90, a PEG ratio of 2.36 and a beta of 1.07. The business has a 50-day moving average of $584.21 and a 200-day moving average of $611.74. Lennox International has a 1 year low of $445.63 and a 1 year high of $682.50.

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

Lennox International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Wednesday, April 30th will be given a dividend of $1.15 per share. The ex-dividend date of this dividend is Wednesday, April 30th. This represents a $4.60 annualized dividend and a yield of 0.82%. Lennox International’s dividend payout ratio (DPR) is presently 20.41%.

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.