Weiss Ratings Reaffirms “Buy (B-)” Rating for Lennox International (NYSE:LII)

Lennox International (NYSE:LII)‘s stock had its “buy (b-)” rating reissued by equities researchers at Weiss Ratings in a research note issued to investors on Wednesday,Weiss Ratings reports.

Several other brokerages have also weighed in on LII. Wells Fargo & Company raised Lennox International from an “underweight” rating to an “equal weight” rating and cut their target price for the stock from $675.00 to $575.00 in a research report on Monday. Barclays dropped their price target on Lennox International from $753.00 to $730.00 and set an “overweight” rating on the stock in a research note on Tuesday, September 16th. UBS Group dropped their price target on Lennox International from $676.00 to $610.00 and set a “neutral” rating on the stock in a research note on Tuesday, September 23rd. The Goldman Sachs Group raised their price target on Lennox International from $619.00 to $691.00 and gave the stock a “buy” rating in a research note on Tuesday, July 8th. Finally, Robert W. Baird raised their price target on Lennox International from $600.00 to $668.00 and gave the stock a “neutral” rating in a research note on Thursday, July 17th. Five research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $615.00.

Lennox International Price Performance

Shares of NYSE LII opened at $554.97 on Wednesday. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.71 and a current ratio of 1.41. Lennox International has a fifty-two week low of $500.10 and a fifty-two week high of $689.44. The firm has a market capitalization of $19.49 billion, a PE ratio of 23.73, a price-to-earnings-growth ratio of 1.91 and a beta of 1.10. The stock’s 50-day simple moving average is $564.70 and its 200-day simple moving average is $570.21.

Lennox International (NYSE:LII) last issued its earnings results on Wednesday, July 23rd. The construction company reported $7.82 earnings per share for the quarter, topping the consensus estimate of $6.90 by $0.92. Lennox International had a return on equity of 99.81% and a net margin of 15.41%.The business had revenue of $1.50 billion for the quarter, compared to analyst estimates of $1.48 billion. During the same quarter last year, the company earned $6.83 EPS. The business’s quarterly revenue was up 3.4% on a year-over-year basis. Lennox International has set its FY 2025 guidance at 23.250-24.250 EPS. As a group, equities research analysts forecast that Lennox International will post 22.94 EPS for the current fiscal year.

Insider Activity at Lennox International

In other Lennox International news, EVP Daniel M. Sessa sold 2,782 shares of Lennox International stock in a transaction that occurred on Wednesday, July 23rd. The stock was sold at an average price of $670.04, for a total value of $1,864,051.28. Following the transaction, the executive vice president directly owned 31,574 shares in the company, valued at approximately $21,155,842.96. This trade represents a 8.10% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Chris Kosel sold 300 shares of Lennox International stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $591.86, for a total value of $177,558.00. Following the completion of the sale, the chief accounting officer owned 1,282 shares in the company, valued at approximately $758,764.52. This trade represents a 18.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 9.73% of the company’s stock.

Institutional Trading of Lennox International

A number of institutional investors have recently modified their holdings of LII. Farther Finance Advisors LLC boosted its stake in shares of Lennox International by 8.9% in the first quarter. Farther Finance Advisors LLC now owns 576 shares of the construction company’s stock valued at $325,000 after buying an additional 47 shares in the last quarter. GAMMA Investing LLC boosted its stake in shares of Lennox International by 24.0% in the first quarter. GAMMA Investing LLC now owns 636 shares of the construction company’s stock valued at $357,000 after buying an additional 123 shares in the last quarter. New England Research & Management Inc. boosted its stake in shares of Lennox International by 261.4% in the first quarter. New England Research & Management Inc. now owns 3,180 shares of the construction company’s stock valued at $1,783,000 after buying an additional 2,300 shares in the last quarter. Inlight Wealth Management LLC purchased a new stake in shares of Lennox International in the first quarter valued at approximately $114,000. Finally, Achmea Investment Management B.V. boosted its stake in shares of Lennox International by 22.4% in the first quarter. Achmea Investment Management B.V. now owns 91,338 shares of the construction company’s stock valued at $51,225,000 after buying an additional 16,711 shares in the last quarter. 67.07% of the stock is currently owned by hedge funds and other 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.