Analysts Set Lennox International Inc. (NYSE:LII) Target Price at $614.62

Lennox International Inc. (NYSE:LII - Get Free Report) has been assigned an average recommendation of "Hold" from the thirteen analysts that are presently covering the company, Marketbeat.com reports. Four research analysts have rated the stock with a sell recommendation, five have given a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $606.15.

A number of brokerages recently weighed in on LII. Wells Fargo & Company reaffirmed an "underweight" rating and set a $580.00 price objective (down previously from $630.00) on shares of Lennox International in a report on Monday, February 3rd. Mizuho downgraded shares of Lennox International from an "outperform" rating to a "neutral" rating and cut their price target for the company from $675.00 to $625.00 in a report on Thursday, January 30th. JPMorgan Chase & Co. reduced their price objective on shares of Lennox International from $565.00 to $455.00 and set an "underweight" rating for the company in a research note on Tuesday. Royal Bank of Canada upped their target price on shares of Lennox International from $617.00 to $642.00 and gave the stock a "sector perform" rating in a research report on Thursday, January 30th. Finally, Barclays upgraded shares of Lennox International from an "equal weight" rating to an "overweight" rating and lifted their price target for the company from $665.00 to $702.00 in a research report on Wednesday, February 26th.

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Insider Buying and Selling

In other Lennox International news, CAO Chris Kosel sold 194 shares of Lennox International stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $644.20, for a total value of $124,974.80. Following the completion of the sale, the chief accounting officer now directly owns 1,282 shares of the company's stock, valued at approximately $825,864.40. The trade was a 13.14 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 10.40% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Lennox International

Hedge funds have recently made changes to their positions in the business. Wilmington Savings Fund Society FSB purchased a new position in Lennox International during the third quarter worth about $27,000. Sentry Investment Management LLC purchased a new position in shares of Lennox International during the 1st quarter worth about $43,000. Bessemer Group Inc. boosted its position in shares of Lennox International by 50.8% in the fourth quarter. Bessemer Group Inc. now owns 98 shares of the construction company's stock worth $60,000 after acquiring an additional 33 shares during the last quarter. Private Trust Co. NA grew its holdings in Lennox International by 62.5% in the fourth quarter. Private Trust Co. NA now owns 117 shares of the construction company's stock valued at $71,000 after purchasing an additional 45 shares during the period. Finally, Quantbot Technologies LP acquired a new position in Lennox International during the third quarter worth approximately $77,000. Institutional investors and hedge funds own 67.07% of the company's stock.

Lennox International Stock Performance

Lennox International stock traded up $50.66 during trading hours on Friday, reaching $561.18. 673,747 shares of the stock were exchanged, compared to its average volume of 344,352. Lennox International has a 52-week low of $445.63 and a 52-week high of $682.50. The stock has a market cap of $19.97 billion, a P/E ratio of 24.90, a P/E/G ratio of 2.36 and a beta of 1.07. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.90 and a current ratio of 1.43. The firm's 50 day moving average is $584.21 and its 200 day moving average is $611.74.

Lennox International (NYSE:LII - Get Free Report) last posted its quarterly earnings results on Wednesday, January 29th. The construction company reported $5.60 earnings per share (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%. Analysts predict that Lennox International will post 22.94 EPS for the current fiscal year.

Lennox International Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Stockholders of record on Wednesday, April 30th will be given a $1.15 dividend. The ex-dividend date is Wednesday, April 30th. This represents a $4.60 annualized dividend and a dividend yield of 0.82%. Lennox International's dividend payout ratio is currently 20.41%.

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.