Lennox International Inc. (NYSE:LII) Given Consensus Recommendation of "Hold" by Analysts

Lennox International Inc. (NYSE:LII - Get Free Report) has been given an average rating of "Hold" by the twelve brokerages that are currently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and five have issued a buy rating on the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $583.92.

A number of brokerages have recently weighed in on LII. The Goldman Sachs Group increased their price target on Lennox International from $507.00 to $575.00 and gave the stock a "buy" rating in a research report on Wednesday, July 10th. Stephens reiterated an "overweight" rating and set a $675.00 price target on shares of Lennox International in a research report on Thursday, July 25th. Royal Bank of Canada increased their price target on Lennox International from $604.00 to $619.00 and gave the stock a "sector perform" rating in a research report on Thursday, October 24th. KeyCorp lowered Lennox International from an "overweight" rating to a "sector weight" rating in a report on Tuesday, October 15th. Finally, Barclays increased their price objective on Lennox International from $575.00 to $624.00 and gave the stock an "equal weight" rating in a report on Thursday, October 24th.

Insider Transactions at Lennox International

In other news, EVP Prakash Bedapudi sold 5,374 shares of the firm's stock in a transaction on Wednesday, August 28th. The stock was sold at an average price of $584.00, for a total transaction of $3,138,416.00. Following the completion of the sale, the executive vice president now directly owns 16,162 shares of the company's stock, valued at $9,438,608. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In other news, Director Shane D. Wall sold 325 shares of the firm's stock in a transaction on Monday, October 28th. The stock was sold at an average price of $612.97, for a total transaction of $199,215.25. Following the completion of the sale, the director now directly owns 2,035 shares of the company's stock, valued at $1,247,393.95. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Prakash Bedapudi sold 5,374 shares of the stock in a transaction on Wednesday, August 28th. The shares were sold at an average price of $584.00, for a total value of $3,138,416.00. Following the completion of the sale, the executive vice president now owns 16,162 shares of the company's stock, valued at $9,438,608. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 12,214 shares of company stock valued at $7,123,108 in the last three months. 10.40% of the stock is currently owned by corporate insiders.

Institutional Trading of Lennox International

A number of hedge funds have recently modified their holdings of LII. BNP Paribas Financial Markets lifted its holdings in shares of Lennox International by 21.6% in the first quarter. BNP Paribas Financial Markets now owns 21,980 shares of the construction company's stock valued at $10,743,000 after purchasing an additional 3,905 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S raised its holdings in shares of Lennox International by 12.6% during the first quarter. BI Asset Management Fondsmaeglerselskab A S now owns 1,840 shares of the construction company's stock worth $899,000 after acquiring an additional 206 shares in the last quarter. SG Americas Securities LLC raised its holdings in shares of Lennox International by 279.7% during the first quarter. SG Americas Securities LLC now owns 25,754 shares of the construction company's stock worth $12,588,000 after acquiring an additional 18,972 shares in the last quarter. Forsta AP Fonden raised its holdings in shares of Lennox International by 165.0% during the first quarter. Forsta AP Fonden now owns 21,200 shares of the construction company's stock worth $10,362,000 after acquiring an additional 13,200 shares in the last quarter. Finally, Lord Abbett & CO. LLC raised its holdings in shares of Lennox International by 1.1% during the first quarter. Lord Abbett & CO. LLC now owns 9,076 shares of the construction company's stock worth $4,436,000 after acquiring an additional 96 shares in the last quarter. Hedge funds and other institutional investors own 67.07% of the company's stock.

Lennox International Stock Down 3.3 %

NYSE LII traded down $20.84 on Wednesday, hitting $604.78. 518,109 shares of the stock traded hands, compared to its average volume of 272,762. The stock has a 50-day moving average of $596.57 and a 200 day moving average of $551.84. Lennox International has a twelve month low of $383.31 and a twelve month high of $627.46. The company has a market capitalization of $21.54 billion, a P/E ratio of 29.71, a price-to-earnings-growth ratio of 1.85 and a beta of 1.07. The company has a current ratio of 1.39, a quick ratio of 0.87 and a debt-to-equity ratio of 1.10.

Lennox International (NYSE:LII - Get Free Report) last announced its quarterly earnings data on Wednesday, October 23rd. The construction company reported $6.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.95 by $0.73. Lennox International had a return on equity of 148.52% and a net margin of 14.63%. The firm had revenue of $1.50 billion for the quarter, compared to analysts' expectations of $1.42 billion. During the same quarter in the prior year, the firm posted $5.37 earnings per share. Lennox International's revenue for the quarter was up 9.6% compared to the same quarter last year. As a group, analysts expect that Lennox International will post 21.06 earnings per share for the current fiscal year.

Lennox International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were paid a dividend of $1.15 per share. This represents a $4.60 annualized dividend and a dividend yield of 0.76%. The ex-dividend date was Monday, September 30th. Lennox International's dividend payout ratio is presently 21.84%.

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.