Lennox International (NYSE:LII) Given New $665.00 Price Target at Barclays

Lennox International (NYSE:LII - Get Free Report) had its target price dropped by equities research analysts at Barclays from $674.00 to $665.00 in a research note issued to investors on Thursday,Benzinga reports. The firm currently has an "equal weight" rating on the construction company's stock. Barclays's price target indicates a potential upside of 13.99% from the company's current price.

LII has been the topic of a number of other reports. Royal Bank of Canada lifted their target price on Lennox International from $604.00 to $619.00 and gave the stock a "sector perform" rating in a report on Thursday, October 24th. Morgan Stanley assumed coverage on Lennox International in a report on Monday, January 6th. They set an "underweight" rating and a $595.00 price objective on the stock. Robert W. Baird lifted their target price on shares of Lennox International from $648.00 to $656.00 and gave the stock a "neutral" rating in a research report on Thursday, October 24th. Mizuho downgraded shares of Lennox International from an "outperform" rating to a "neutral" rating and reduced their price target for the company from $675.00 to $625.00 in a research report on Thursday. Finally, UBS Group boosted their target price on shares of Lennox International from $575.00 to $625.00 and gave the company a "neutral" rating in a research note on Friday, January 3rd. Four analysts have rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $606.00.

Lennox International Stock Down 1.5 %

NYSE:LII traded down $9.03 on Thursday, reaching $583.39. The stock had a trading volume of 587,924 shares, compared to its average volume of 391,106. Lennox International has a 12-month low of $412.09 and a 12-month high of $682.50. The company has a current ratio of 1.43, a quick ratio of 0.90 and a debt-to-equity ratio of 0.98. The stock has a market cap of $20.78 billion, a P/E ratio of 25.88, a price-to-earnings-growth ratio of 2.16 and a beta of 1.10. The company has a 50-day moving average of $637.91 and a 200 day moving average of $608.19.

Lennox International (NYSE:LII - Get Free Report) last released its quarterly earnings results on Wednesday, January 29th. The construction company reported $5.60 EPS for the quarter, topping the consensus estimate of $4.12 by $1.48. Lennox International had a net margin of 15.11% and a return on equity of 126.79%. On average, research analysts predict that Lennox International will post 23.09 earnings per share for the current year.

Insiders Place Their Bets

In other Lennox International news, CAO Chris Kosel sold 200 shares of the stock in a transaction dated Wednesday, November 13th. The shares were sold at an average price of $625.49, for a total value of $125,098.00. Following the transaction, the chief accounting officer now directly owns 1,446 shares of the company's stock, valued at $904,458.54. This represents a 12.15 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Sherry Buck sold 500 shares of the stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $660.74, for a total value of $330,370.00. Following the transaction, the director now owns 1,693 shares in the company, valued at approximately $1,118,632.82. This trade represents a 22.80 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 1,200 shares of company stock valued at $793,228 in the last quarter. 10.40% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Lennox International

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Handelsbanken Fonder AB lifted its stake in Lennox International by 22.4% during the third quarter. Handelsbanken Fonder AB now owns 6,000 shares of the construction company's stock worth $3,626,000 after purchasing an additional 1,100 shares during the last quarter. GAMMA Investing LLC boosted its stake in Lennox International by 27.8% in the third quarter. GAMMA Investing LLC now owns 326 shares of the construction company's stock valued at $197,000 after buying an additional 71 shares in the last quarter. UMB Bank n.a. grew its position in Lennox International by 388.9% in the third quarter. UMB Bank n.a. now owns 88 shares of the construction company's stock valued at $53,000 after acquiring an additional 70 shares during the last quarter. Livforsakringsbolaget Skandia Omsesidigt raised its stake in Lennox International by 167.7% during the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 249 shares of the construction company's stock worth $150,000 after acquiring an additional 156 shares in the last quarter. Finally, Whittier Trust Co. of Nevada Inc. lifted its holdings in shares of Lennox International by 87.7% in the third quarter. Whittier Trust Co. of Nevada Inc. now owns 229 shares of the construction company's stock worth $138,000 after acquiring an additional 107 shares during the last quarter. 67.07% of the stock is owned by institutional investors and hedge funds.

Lennox International Company Profile

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.