UBS Group Boosts Lennox International (NYSE:LII) Price Target to $485.00

Lennox International (NYSE:LII) had its price objective hoisted by UBS Group from $450.00 to $485.00 in a report released on Thursday, Benzinga reports. The firm presently has a “neutral” rating on the construction company’s stock. UBS Group’s target price indicates a potential upside of 1.66% from the stock’s current price.

Other equities research analysts also recently issued reports about the company. Deutsche Bank Aktiengesellschaft began coverage on Lennox International in a research report on Thursday, February 1st. They issued a “buy” rating and a $523.00 price target on the stock. Wells Fargo & Company increased their price objective on Lennox International from $491.00 to $545.00 and gave the company an “overweight” rating in a research report on Tuesday, April 2nd. Barclays upped their target price on shares of Lennox International from $450.00 to $500.00 and gave the company an “equal weight” rating in a research note on Tuesday, April 2nd. StockNews.com lowered shares of Lennox International from a “buy” rating to a “hold” rating in a research report on Friday, February 9th. Finally, KeyCorp boosted their price target on Lennox International from $500.00 to $515.00 and gave the company an “overweight” rating in a research note on Wednesday, April 10th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $482.31.

Lennox International Stock Performance

Shares of LII stock opened at $477.10 on Thursday. The firm has a market cap of $16.99 billion, a P/E ratio of 27.64, a PEG ratio of 2.33 and a beta of 1.02. The stock’s 50-day moving average is $472.39 and its two-hundred day moving average is $435.55. Lennox International has a fifty-two week low of $264.88 and a fifty-two week high of $501.72. The company has a debt-to-equity ratio of 3.13, a current ratio of 1.43 and a quick ratio of 0.72.

Lennox International (NYSE:LII) last posted its earnings results on Wednesday, April 24th. The construction company reported $3.47 EPS for the quarter, topping the consensus estimate of $3.17 by $0.30. The firm had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $1.05 billion. Lennox International had a net margin of 12.38% and a return on equity of 303.36%. Analysts predict that Lennox International will post 19.77 earnings per share for the current fiscal year.

Insider Transactions at Lennox International

In other Lennox International news, EVP Joseph William Reitmeier sold 1,930 shares of the business’s stock in a transaction on Wednesday, February 28th. The stock was sold at an average price of $471.48, for a total value of $909,956.40. Following the transaction, the executive vice president now owns 24,533 shares of the company’s stock, valued at $11,566,818.84. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In other news, EVP Gary S. Bedard sold 1,849 shares of the business’s stock in a transaction on Monday, March 18th. The stock was sold at an average price of $473.59, for a total transaction of $875,667.91. Following the completion of the sale, the executive vice president now owns 20,465 shares in the company, valued at $9,692,019.35. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Joseph William Reitmeier sold 1,930 shares of the firm’s stock in a transaction dated Wednesday, February 28th. The shares were sold at an average price of $471.48, for a total value of $909,956.40. Following the completion of the transaction, the executive vice president now owns 24,533 shares in the company, valued at approximately $11,566,818.84. The disclosure for this sale can be found here. Company insiders own 10.40% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Rise Advisors LLC acquired a new position in Lennox International in the first quarter valued at approximately $41,000. Tobam raised its position in shares of Lennox International by 1,640.0% during the 4th quarter. Tobam now owns 87 shares of the construction company’s stock valued at $39,000 after acquiring an additional 82 shares during the last quarter. Livforsakringsbolaget Skandia Omsesidigt bought a new position in shares of Lennox International in the 4th quarter worth $42,000. GAMMA Investing LLC acquired a new position in Lennox International in the fourth quarter valued at about $80,000. Finally, V Square Quantitative Management LLC grew its holdings in Lennox International by 66.0% during the fourth quarter. V Square Quantitative Management LLC now owns 352 shares of the construction company’s stock valued at $158,000 after purchasing an additional 140 shares during the period. Institutional investors own 67.07% of the company’s stock.

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.