Lennox International Inc. (NYSE:LII) Receives Average Recommendation of "Reduce" from Analysts

Lennox International Inc. (NYSE:LII - Get Free Report) has been given an average recommendation of "Reduce" by the thirteen research firms that are presently covering the firm, MarketBeat reports. Four investment analysts have rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $606.00.

Several equities research analysts recently commented on LII shares. Royal Bank of Canada raised their target price on Lennox International from $617.00 to $642.00 and gave the stock a "sector perform" rating in a research note on Thursday, January 30th. UBS Group raised their target price on Lennox International from $575.00 to $625.00 and gave the stock a "neutral" rating in a research note on Friday, January 3rd. Barclays decreased their target price on Lennox International from $674.00 to $665.00 and set an "equal weight" rating for the company in a research note on Thursday, January 30th. Northcoast Research started coverage on Lennox International in a research note on Friday, November 22nd. They set a "sell" rating and a $475.00 target price for the company. Finally, Mizuho cut Lennox International from an "outperform" rating to a "neutral" rating and decreased their target price for the stock from $675.00 to $625.00 in a research note on Thursday, January 30th.

Insider Activity

In related news, Director Todd J. Teske sold 500 shares of the stock in a transaction that occurred 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 completion of the sale, the director now directly owns 7,911 shares of the company's stock, valued at approximately $5,344,038.72. This trade represents a 5.94 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 10.40% of the company's stock.

Institutional Trading of Lennox International

A number of institutional investors and hedge funds have recently modified their holdings of LII. Geode Capital Management LLC grew its position in shares of Lennox International by 55.7% in the fourth quarter. Geode Capital Management LLC now owns 889,032 shares of the construction company's stock valued at $542,374,000 after purchasing an additional 317,937 shares in the last quarter. Captrust Financial Advisors boosted its stake in Lennox International by 500.0% during the fourth quarter. Captrust Financial Advisors now owns 94,086 shares of the construction company's stock valued at $57,326,000 after buying an additional 78,406 shares during the period. BNP Paribas Financial Markets boosted its stake in Lennox International by 227.4% during the fourth quarter. BNP Paribas Financial Markets now owns 76,149 shares of the construction company's stock valued at $46,398,000 after buying an additional 52,888 shares during the period. Caisse DE Depot ET Placement DU Quebec boosted its stake in Lennox International by 247.1% during the fourth quarter. Caisse DE Depot ET Placement DU Quebec now owns 26,620 shares of the construction company's stock valued at $16,220,000 after buying an additional 18,950 shares during the period. Finally, Mediolanum International Funds Ltd lifted its stake in Lennox International by 469.6% during the fourth quarter. Mediolanum International Funds Ltd now owns 21,053 shares of the construction company's stock worth $12,895,000 after purchasing an additional 17,357 shares during the last quarter. 67.07% of the stock is owned by hedge funds and other institutional investors.

Lennox International Trading Up 0.4 %

Shares of LII stock traded up $2.61 on Friday, hitting $622.56. The company had a trading volume of 369,974 shares, compared to its average volume of 378,473. The firm has a market cap of $22.18 billion, a P/E ratio of 27.62, a P/E/G ratio of 2.15 and a beta of 1.10. The stock's 50-day moving average is $625.54 and its two-hundred day moving average is $610.63. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.90 and a current ratio of 1.43. Lennox International has a twelve month low of $442.74 and a twelve month high of $682.50.

Lennox International (NYSE:LII - Get Free Report) last issued its quarterly earnings results on Wednesday, January 29th. The construction company reported $5.60 earnings per share for the quarter, beating the consensus estimate of $4.12 by $1.48. Lennox International had a return on equity of 126.79% and a net margin of 15.11%. On average, equities research analysts anticipate that Lennox International will post 22.93 earnings per share for the current fiscal year.

Lennox International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were issued a $1.15 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $4.60 dividend on an annualized basis and a dividend yield of 0.74%. Lennox International's dividend payout ratio is presently 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.