Lennox International (NYSE:LII) Sets New 1-Year High - Should You Buy?

Lennox International Inc. (NYSE:LII - Get Free Report) hit a new 52-week high on Friday . The company traded as high as $630.16 and last traded at $628.04, with a volume of 19048 shares traded. The stock had previously closed at $622.24.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. Royal Bank of Canada boosted 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 downgraded Lennox International from an "overweight" rating to a "sector weight" rating in a research report on Tuesday, October 15th. Stephens reaffirmed an "overweight" rating and issued a $675.00 target price on shares of Lennox International in a research report on Thursday, July 25th. Wells Fargo & Company upped their target price on Lennox International from $570.00 to $615.00 and gave the company an "equal weight" rating in a research report on Monday, October 7th. Finally, Mizuho boosted their price target on Lennox International from $650.00 to $675.00 and gave the company an "outperform" rating in a research note on Thursday, October 24th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and five have given a buy rating to the company's stock. According to MarketBeat, Lennox International currently has an average rating of "Hold" and a consensus price target of $583.92.

Lennox International Stock Up 1.4 %

The firm has a market capitalization of $22.47 billion, a price-to-earnings ratio of 29.55, a P/E/G ratio of 1.86 and a beta of 1.07. The stock has a fifty day moving average of $598.10 and a two-hundred day moving average of $552.70. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.39 and a quick ratio of 0.87.

Lennox International (NYSE:LII - Get Free Report) last issued its quarterly earnings results on Wednesday, October 23rd. The construction company reported $6.68 earnings per share for the quarter, topping analysts' consensus estimates 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 during the quarter, compared to the consensus estimate of $1.42 billion. During the same period last year, the business posted $5.37 EPS. The business's revenue was up 9.6% compared to the same quarter last year. Sell-side analysts anticipate that Lennox International Inc. will post 21.06 earnings per share for the current 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 given a dividend of $1.15 per share. The ex-dividend date was Monday, September 30th. 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 presently 21.84%.

Insider Transactions at Lennox International

In related news, EVP Prakash Bedapudi sold 3,434 shares of the firm's stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $578.00, for a total value of $1,984,852.00. Following the transaction, the executive vice president now owns 21,536 shares of the company's stock, valued at approximately $12,447,808. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Lennox International news, EVP Prakash Bedapudi sold 3,434 shares of Lennox International stock in a transaction that occurred on Monday, August 19th. The shares were sold at an average price of $578.00, for a total transaction of $1,984,852.00. Following the transaction, the executive vice president now owns 21,536 shares of the company's stock, valued at $12,447,808. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Todd J. Teske sold 2,000 shares of Lennox International stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $574.05, for a total transaction of $1,148,100.00. Following the transaction, the director now directly owns 8,411 shares in the company, valued at approximately $4,828,334.55. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 12,214 shares of company stock valued at $7,123,108 in the last 90 days. 10.40% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of LII. Innealta Capital LLC purchased a new position in shares of Lennox International during the 2nd quarter valued at $33,000. First Horizon Advisors Inc. purchased a new position in shares of Lennox International during the 3rd quarter valued at $39,000. Massmutual Trust Co. FSB ADV grew its position in shares of Lennox International by 38.8% during the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 68 shares of the construction company's stock valued at $36,000 after purchasing an additional 19 shares in the last quarter. Huntington National Bank lifted its holdings in shares of Lennox International by 47.9% during the 3rd quarter. Huntington National Bank now owns 71 shares of the construction company's stock worth $43,000 after acquiring an additional 23 shares during the last quarter. Finally, UMB Bank n.a. lifted 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 acquiring an additional 70 shares during the last quarter. 67.07% of the stock is currently owned by hedge funds and other institutional investors.

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.