Lennox International Inc. (NYSE:LII) Given Average Rating of "Hold" by Analysts

Lennox International Inc. (NYSE:LII - Get Free Report) has received an average rating of "Hold" from the thirteen analysts that are presently covering the stock, Marketbeat reports. Two analysts have rated the stock with a sell rating, six have given a hold rating and five have issued a buy rating on the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $579.38.

Several equities analysts have recently commented on LII shares. Barclays upped their target price on Lennox International from $624.00 to $674.00 and gave the company an "equal weight" rating in a research report on Thursday, December 5th. KeyCorp cut Lennox International from an "overweight" rating to a "sector weight" rating in a research report on Tuesday, October 15th. Wells Fargo & Company boosted their target price on shares of Lennox International from $570.00 to $615.00 and gave the company an "equal weight" rating in a research report on Monday, October 7th. Northcoast Research assumed coverage on shares of Lennox International in a research report on Friday, November 22nd. They set a "sell" rating and a $475.00 price target on the stock. Finally, Mizuho boosted their price objective on shares of Lennox International from $650.00 to $675.00 and gave the company an "outperform" rating in a report on Thursday, October 24th.

Lennox International Stock Performance

Shares of NYSE LII traded down $1.49 during midday trading on Thursday, hitting $629.64. 156,663 shares of the company's stock were exchanged, compared to its average volume of 300,944. The company has a quick ratio of 0.87, a current ratio of 1.39 and a debt-to-equity ratio of 1.10. The firm has a market capitalization of $22.43 billion, a PE ratio of 29.90, a price-to-earnings-growth ratio of 2.04 and a beta of 1.08. Lennox International has a 12 month low of $412.09 and a 12 month high of $682.50. The company's 50 day moving average price is $633.43 and its 200 day moving average price is $591.36.

Lennox International (NYSE:LII - Get Free Report) last released its quarterly earnings data on Wednesday, October 23rd. The construction company reported $6.68 EPS for the quarter, beating the consensus estimate of $5.95 by $0.73. The firm had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.42 billion. Lennox International had a net margin of 14.63% and a return on equity of 148.52%. The company's quarterly revenue was up 9.6% on a year-over-year basis. During the same period in the previous year, the company earned $5.37 earnings per share. As a group, analysts predict that Lennox International will post 21.1 earnings per share for the current fiscal year.

Lennox International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be issued a dividend of $1.15 per share. The ex-dividend date is Tuesday, December 31st. This represents a $4.60 dividend on an annualized basis and a dividend yield of 0.73%. Lennox International's dividend payout ratio (DPR) is currently 21.84%.

Insider Buying and Selling at Lennox International

In related news, Director Todd J. Teske sold 500 shares of the business's stock in a transaction on Monday, November 25th. The stock was sold at an average price of $675.52, for a total transaction of $337,760.00. Following the sale, the director now owns 7,911 shares in the company, valued at $5,344,038.72. The trade was a 5.94 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, 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 completion of the transaction, the chief accounting officer now owns 1,446 shares of the company's stock, valued at $904,458.54. This represents a 12.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 2,106 shares of company stock worth $1,353,233 over the last 90 days. Insiders own 10.40% of the company's stock.

Institutional Investors Weigh In On Lennox International

Large investors have recently modified their holdings of the company. Wilmington Savings Fund Society FSB acquired a new stake in Lennox International during the 3rd quarter worth about $27,000. Innealta Capital LLC bought a new stake in Lennox International in the second quarter worth approximately $33,000. First Horizon Advisors Inc. bought a new stake in Lennox International in the third quarter worth approximately $39,000. Huntington National Bank lifted its stake in Lennox International by 47.9% in the third quarter. Huntington National Bank now owns 71 shares of the construction company's stock valued at $43,000 after buying an additional 23 shares during the period. Finally, UMB Bank n.a. boosted its holdings in shares of Lennox International by 388.9% during the 3rd quarter. UMB Bank n.a. now owns 88 shares of the construction company's stock worth $53,000 after buying an additional 70 shares in the last quarter. 67.07% of the stock is currently 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.