Lennox International, Inc. $LII Stock: Valley National Advisers Inc. Boosts Stake

Valley National Advisers Inc. grew its position in shares of Lennox International, Inc. (NYSE:LII) by 59.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,099 shares of the construction company’s stock after purchasing an additional 2,285 shares during the quarter. Valley National Advisers Inc.’s holdings in Lennox International were worth $2,165,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in LII. Signaturefd LLC increased its stake in shares of Lennox International by 6.6% in the third quarter. Signaturefd LLC now owns 531 shares of the construction company’s stock valued at $189,000 after buying an additional 33 shares during the period. Citizens Financial Group Inc. RI acquired a new stake in Lennox International during the 3rd quarter worth approximately $696,000. Yousif Capital Management LLC grew its holdings in Lennox International by 5.0% during the 3rd quarter. Yousif Capital Management LLC now owns 3,445 shares of the construction company’s stock worth $1,223,000 after acquiring an additional 165 shares during the last quarter. Sepio Capital LP grew its holdings in Lennox International by 19.1% during the 3rd quarter. Sepio Capital LP now owns 1,966 shares of the construction company’s stock worth $698,000 after acquiring an additional 315 shares during the last quarter. Finally, SBI Securities Co. Ltd. increased its position in Lennox International by 3,500.0% in the 3rd quarter. SBI Securities Co. Ltd. now owns 72 shares of the construction company’s stock valued at $26,000 after acquiring an additional 70 shares during the period. 67.07% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on LII. Deutsche Bank Aktiengesellschaft downgraded shares of Lennox International from a “buy” rating to a “hold” rating and dropped their price target for the company from $609.00 to $444.00 in a research note on Monday, September 14th. Wells Fargo & Company started coverage on shares of Lennox International in a research note on Friday, September 25th. They issued an “equal weight” rating and a $424.00 price objective on the stock. Royal Bank Of Canada reduced their price objective on shares of Lennox International from $469.00 to $406.00 and set a “sector perform” rating on the stock in a research note on Wednesday, October 14th. Morgan Stanley decreased their price objective on Lennox International from $375.00 to $350.00 and set an “underweight” rating for the company in a report on Thursday, October 15th. Finally, William Blair reaffirmed an “outperform” rating on shares of Lennox International in a research report on Wednesday, July 29th. Four equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $483.46.

Lennox International Price Performance

Lennox International stock opened at $375.87 on Friday. The stock’s 50 day moving average is $373.95 and its 200 day moving average is $460.89. Lennox International, Inc. has a one year low of $340.32 and a one year high of $587.27. The firm has a market cap of $12.99 billion, a P/E ratio of 16.99, a P/E/G ratio of 1.57 and a beta of 1.16. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.57 and a quick ratio of 0.77.

Lennox International (NYSE:LII) last released its earnings results on Wednesday, July 29th. The construction company reported $7.72 earnings per share for the quarter, beating analysts’ consensus estimates of $7.67 by $0.05. The business had revenue of $1.55 billion during the quarter, compared to the consensus estimate of $1.56 billion. Lennox International had a net margin of 14.61% and a return on equity of 66.42%. The company’s revenue for the quarter was up 3.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $7.82 EPS. Lennox International has set its FY 2026 guidance at 23.000-24.000 EPS. As a group, research analysts expect that Lennox International, Inc. will post 23.27 EPS for the current year.

Lennox International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th were paid a $1.36 dividend. This represents a $5.44 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend was Wednesday, September 30th. Lennox International’s dividend payout ratio is currently 24.59%.

Lennox International Profile

Lennox International Inc is a heating, ventilation, air conditioning and refrigeration company headquartered in Richardson, Texas. Founded in 1895 by Dave Lennox, the company develops and markets products designed to provide climate control and improve indoor air quality in residential and commercial buildings.

Its product portfolio includes air conditioners, heat pumps, furnaces, air handlers, thermostats, indoor air-quality equipment and related controls. Lennox also provides commercial heating and cooling systems, replacement components, installation support and other services through distributors, dealers and contractors.

Lennox primarily serves customers in the United States and Canada, with products and services also marketed in selected international markets.