Nykredit A S bought a new position in Lennox International, Inc. (NYSE:LII – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 7,641 shares of the construction company’s stock, valued at approximately $4,378,000.
Several other hedge funds have also modified their holdings of the business. BlackRock Inc. acquired a new stake in Lennox International in the second quarter valued at $1,704,846,000. Beacon Pointe Advisors LLC purchased a new stake in Lennox International in the 2nd quarter valued at approximately $239,217,000. Bank of America Corp DE purchased a new stake in shares of Lennox International in the second quarter valued at $196,075,000. Deutsche Bank AG purchased a new position in Lennox International in the 2nd quarter valued at about $159,181,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Lennox International by 3.2% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 240,782 shares of the construction company’s stock valued at $137,956,000 after buying an additional 7,397 shares during the period. 67.07% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several research firms recently weighed in on LII. Morgan Stanley reduced their target price on Lennox International from $450.00 to $375.00 and set an “underweight” rating on the stock in a research report on Thursday. Weiss Ratings lowered shares of Lennox International from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, August 11th. Royal Bank Of Canada decreased their price target on Lennox International from $579.00 to $469.00 and set a “sector perform” rating for the company in a report on Thursday, July 30th. The Goldman Sachs Group lowered their target price on Lennox International from $625.00 to $547.00 and set a “buy” rating for the company in a research note on Friday, July 31st. Finally, William Blair reissued an “outperform” rating on shares of Lennox International in a research report on Wednesday, July 29th. Five research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, Lennox International has a consensus rating of “Hold” and a consensus price target of $540.33.
Lennox International Stock Performance
Shares of LII opened at $390.37 on Monday. Lennox International, Inc. has a 52-week low of $371.65 and a 52-week high of $587.27. The company has a quick ratio of 0.77, a current ratio of 1.57 and a debt-to-equity ratio of 0.89. The firm has a market capitalization of $13.49 billion, a PE ratio of 17.65, a P/E/G ratio of 1.54 and a beta of 1.18. The firm has a 50-day moving average price of $473.15 and a 200 day moving average price of $495.35.
Lennox International (NYSE:LII – Get Free Report) last announced its earnings results 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 analysts’ expectations of $1.56 billion. During the same quarter in the previous year, the company earned $7.82 earnings per share. The firm’s quarterly 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, sell-side analysts anticipate that Lennox International, Inc. will post 23.56 earnings per share for the current fiscal 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.
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