William Blair Issues Positive Estimate for LII Earnings

Lennox International Inc. (NYSE:LII - Free Report) - Research analysts at William Blair upped their Q1 2025 earnings per share (EPS) estimates for shares of Lennox International in a report issued on Wednesday, April 9th. William Blair analyst R. Merkel now expects that the construction company will post earnings of $3.35 per share for the quarter, up from their previous estimate of $3.14. The consensus estimate for Lennox International's current full-year earnings is $22.94 per share. William Blair also issued estimates for Lennox International's Q2 2025 earnings at $7.09 EPS, FY2025 earnings at $23.43 EPS and FY2026 earnings at $26.14 EPS.

Lennox International (NYSE:LII - Get Free Report) last released its earnings results on Wednesday, January 29th. The construction company reported $5.60 earnings per share for the quarter, topping analysts' consensus estimates of $4.12 by $1.48. Lennox International had a net margin of 15.11% and a return on equity of 126.79%.

Other analysts have also issued research reports about the stock. Wells Fargo & Company reaffirmed an "underweight" rating and set a $580.00 target price (down previously from $630.00) on shares of Lennox International in a report on Monday, February 3rd. Mizuho downgraded Lennox International from an "outperform" rating to a "neutral" rating and dropped their price target for the company from $675.00 to $625.00 in a research note on Thursday, January 30th. Morgan Stanley began coverage on shares of Lennox International in a research note on Monday, January 6th. They issued an "underweight" rating and a $595.00 price target on the stock. JPMorgan Chase & Co. cut their price target 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, April 8th. Finally, Barclays raised Lennox International from an "equal weight" rating to an "overweight" rating and raised their price target for the company from $665.00 to $702.00 in a report on Wednesday, February 26th. Four research analysts have rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $606.15.

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Lennox International Price Performance

Shares of LII traded down $7.02 during mid-day trading on Friday, reaching $550.18. The company had a trading volume of 122,370 shares, compared to its average volume of 345,307. Lennox International has a twelve month low of $445.63 and a twelve month high of $682.50. The company has a market capitalization of $19.58 billion, a P/E ratio of 24.41, a P/E/G ratio of 2.36 and a beta of 1.07. The company's 50-day moving average is $581.99 and its 200-day moving average is $610.08. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.43 and a quick ratio of 0.90.

Institutional Investors Weigh In On Lennox International

Several institutional investors have recently bought and sold shares of the stock. Public Employees Retirement System of Ohio raised its position in Lennox International by 0.8% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 17,333 shares of the construction company's stock valued at $10,474,000 after purchasing an additional 145 shares during the last quarter. Geode Capital Management LLC grew its holdings in Lennox International by 2.2% in the third quarter. Geode Capital Management LLC now owns 571,095 shares of the construction company's stock worth $345,645,000 after purchasing an additional 12,183 shares during the period. Toronto Dominion Bank raised its stake in Lennox International by 27.0% during the third quarter. Toronto Dominion Bank now owns 3,960 shares of the construction company's stock valued at $2,393,000 after buying an additional 841 shares during the last quarter. Anchor Investment Management LLC bought a new position in Lennox International in the 3rd quarter worth about $124,000. Finally, Wilmington Savings Fund Society FSB purchased a new position in Lennox International in the 3rd quarter worth approximately $27,000. 67.07% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, CAO Chris Kosel sold 194 shares of the firm's stock in a transaction on Friday, February 21st. The shares were sold at an average price of $644.20, for a total transaction of $124,974.80. Following the sale, the chief accounting officer now owns 1,282 shares in the company, valued at approximately $825,864.40. This trade represents a 13.14 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 10.40% of the stock is owned by company insiders.

Lennox International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 15th. Shareholders of record on Wednesday, April 30th will be paid a $1.15 dividend. The ex-dividend date is Wednesday, April 30th. This represents a $4.60 annualized dividend and a yield of 0.84%. Lennox International's dividend payout ratio is currently 20.41%.

About Lennox International

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.