Sone Capital Management LLC Invests $3.94 Million in Lennox International, Inc. $LII

Sone Capital Management LLC purchased a new stake in Lennox International, Inc. (NYSE:LII) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 6,874 shares of the construction company’s stock, valued at approximately $3,938,000.

A number of other hedge funds have also added to or reduced their stakes in LII. BlackRock Inc. purchased a new position in shares of Lennox International during the second quarter valued at approximately $1,704,846,000. Deutsche Bank AG bought a new position in Lennox International during the second quarter valued at about $159,181,000. Bank of New York Mellon Corp bought a new position in shares of Lennox International during the 2nd quarter valued at approximately $109,955,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in Lennox International during the second quarter valued at $44,075,000. Finally, Ameriprise Financial Inc. grew its stake in shares of Lennox International by 296.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 71,815 shares of the construction company’s stock worth $41,168,000 after acquiring an additional 53,679 shares during the period. Institutional investors and hedge funds own 67.07% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on LII. Wells Fargo & Company boosted their price objective on Lennox International from $480.00 to $555.00 and gave the company an “equal weight” rating in a research note on Thursday, April 30th. The Goldman Sachs Group lowered their price target on shares of Lennox International from $625.00 to $547.00 and set a “buy” rating on the stock in a research report on Friday, July 31st. Vertical Research upgraded Lennox International from a “hold” rating to a “buy” rating and set a $600.00 target price on the stock in a research report on Thursday, April 30th. Weiss Ratings cut shares of Lennox International from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, August 11th. Finally, Royal Bank Of Canada lowered their price target on Lennox International from $579.00 to $469.00 and set a “sector perform” rating on the stock in a report on Thursday, July 30th. Five equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Lennox International presently has an average rating of “Hold” and a consensus target price of $546.58.

Lennox International Price Performance

Shares of Lennox International stock opened at $399.30 on Tuesday. The company has a fifty day moving average of $500.71 and a 200-day moving average of $505.42. Lennox International, Inc. has a 52-week low of $394.80 and a 52-week high of $590.99. The stock has a market capitalization of $13.80 billion, a price-to-earnings ratio of 18.05, a price-to-earnings-growth ratio of 1.58 and a beta of 1.19. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.77 and a current ratio of 1.57.

Lennox International (NYSE:LII) last released its quarterly earnings data on Wednesday, July 29th. The construction company reported $7.72 EPS for the quarter, topping the consensus estimate of $7.67 by $0.05. Lennox International had a return on equity of 66.42% and a net margin of 14.61%.The firm had revenue of $1.55 billion for the quarter, compared to the consensus estimate of $1.56 billion. During the same quarter in the previous year, the business earned $7.82 earnings per share. The company’s quarterly revenue was up 3.0% on a year-over-year basis. Lennox International has set its FY 2026 guidance at 23.000-24.000 EPS. Equities research analysts expect that Lennox International, Inc. will post 23.69 EPS for the current year.

Lennox International Company Profile

Lennox International Inc is a global manufacturer of climate control products and services, principally serving residential and commercial heating, ventilation and air conditioning (HVAC) markets. The company designs, engineers and produces a range of products including furnaces, air conditioners, heat pumps, air handlers, packaged rooftop units and related controls and indoor air quality equipment. Lennox also supplies aftermarket parts and accessories and supports its product lines with technical service, training and warranty programs for dealer and distribution partners.

Originally founded in 1895 by Dave Lennox, the company has grown from its early roots into a multinational business with operations concentrated in North America and a presence in other international markets.