Lennox International (NYSE:LII) Cut to Hold at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft downgraded shares of Lennox International (NYSE:LII) from a buy rating to a hold rating in a report issued on Monday morning, Marketbeat.com reports. The firm currently has $444.00 target price on the construction company’s stock, down from their prior target price of $609.00.

Other analysts have also recently issued reports about the stock. Morgan Stanley decreased their price objective on shares of Lennox International from $450.00 to $375.00 and set an “underweight” rating on the stock in a research note on Thursday, September 3rd. The Goldman Sachs Group cut their target price on shares of Lennox International from $625.00 to $547.00 and set a “buy” rating for the company in a research note on Friday, July 31st. Weiss Ratings downgraded 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 on the stock in a research report on Thursday, July 30th. Finally, William Blair restated an “outperform” rating on shares of Lennox International in a research report on Wednesday, July 29th. Five analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $532.92.

Lennox International Stock Down 0.3%

Shares of NYSE LII opened at $361.10 on Monday. The stock has a market cap of $12.48 billion, a PE ratio of 16.32, a PEG ratio of 1.43 and a beta of 1.18. The business has a fifty day moving average of $442.39 and a two-hundred day moving average of $485.13. Lennox International has a 52-week low of $350.22 and a 52-week high of $587.27. 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 posted its earnings results on Wednesday, July 29th. The construction company reported $7.72 earnings per share for the quarter, topping the consensus estimate of $7.67 by $0.05. The business had revenue of $1.55 billion for the quarter, compared to analyst estimates of $1.56 billion. Lennox International had a net margin of 14.61% and a return on equity of 66.42%. The firm’s quarterly revenue was up 3.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $7.82 EPS. Lennox International has set its FY 2026 guidance at 23.000-24.000 EPS. As a group, equities research analysts expect that Lennox International will post 23.54 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Lennox International

Several hedge funds and other institutional investors have recently added to or reduced their stakes in LII. Beacon Pointe Advisors LLC acquired a new stake in shares of Lennox International in the 2nd quarter valued at $239,217,000. Jefferies Financial Group Inc. acquired a new position in shares of Lennox International during the second quarter valued at $3,644,000. Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of Lennox International during the second quarter valued at $10,596,000. Capstone Investment Advisors LLC bought a new position in Lennox International in the second quarter valued at about $2,991,000. Finally, Legal & General Group Plc bought a new position in Lennox International in the second quarter valued at about $54,927,000. Institutional investors and hedge funds own 67.07% of the company’s stock.

Lennox International Company Profile

Lennox International Inc (NYSE:LII) designs, manufactures and markets heating, ventilation, air conditioning and refrigeration products. Its offerings include residential furnaces, air conditioners, heat pumps, indoor air-quality systems, thermostats and related controls, as well as commercial heating and cooling equipment and refrigeration solutions.

The company serves residential and commercial customers through a network of independent dealers, distributors, contractors and other channel partners.