Lennox International Inc. (NYSE:LII) Receives $491.92 Consensus PT from Brokerages

Shares of Lennox International Inc. (NYSE:LIIGet Free Report) have been assigned an average rating of “Hold” from the thirteen brokerages that are covering the company, Marketbeat reports. One analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and seven have assigned a buy recommendation to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $502.69.

Several equities analysts have weighed in on LII shares. JPMorgan Chase & Co. lifted their price objective on Lennox International from $350.00 to $360.00 and gave the company an “underweight” rating in a report on Thursday, April 25th. Barclays lifted their price objective on Lennox International from $450.00 to $500.00 and gave the company an “equal weight” rating in a report on Tuesday, April 2nd. UBS Group lifted their price objective on Lennox International from $450.00 to $485.00 and gave the company a “neutral” rating in a report on Thursday, April 25th. Royal Bank of Canada lifted their price objective on Lennox International from $481.00 to $510.00 and gave the company a “sector perform” rating in a report on Thursday, April 25th. Finally, TD Cowen lifted their price objective on Lennox International from $550.00 to $600.00 and gave the company a “buy” rating in a report on Friday, June 21st.

View Our Latest Research Report on Lennox International

Institutional Investors Weigh In On Lennox International

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Valeo Financial Advisors LLC bought a new stake in shares of Lennox International in the 2nd quarter valued at about $208,000. DNB Asset Management AS grew its position in shares of Lennox International by 2.6% in the 2nd quarter. DNB Asset Management AS now owns 7,848 shares of the construction company’s stock valued at $4,199,000 after buying an additional 196 shares during the last quarter. Massmutual Trust Co. FSB ADV grew its position in shares of Lennox International by 38.8% in the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 68 shares of the construction company’s stock valued at $36,000 after buying an additional 19 shares during the last quarter. GAMMA Investing LLC grew its position in shares of Lennox International by 38.6% in the 2nd quarter. GAMMA Investing LLC now owns 255 shares of the construction company’s stock valued at $136,000 after buying an additional 71 shares during the last quarter. Finally, Swedbank AB bought a new stake in shares of Lennox International in the 1st quarter valued at about $15,416,000. Institutional investors own 67.07% of the company’s stock.

Lennox International Stock Performance

NYSE:LII opened at $544.66 on Thursday. The stock has a market cap of $19.40 billion, a P/E ratio of 31.56, a PEG ratio of 2.45 and a beta of 1.07. The stock has a 50 day simple moving average of $511.85 and a 200 day simple moving average of $476.84. The company has a current ratio of 1.43, a quick ratio of 0.68 and a debt-to-equity ratio of 3.13. Lennox International has a 1-year low of $326.15 and a 1-year high of $553.48.

Lennox International (NYSE:LIIGet Free Report) last released its quarterly earnings results on Wednesday, April 24th. The construction company reported $3.47 earnings per share for the quarter, topping the consensus estimate of $3.17 by $0.30. The business had revenue of $1.05 billion during the quarter, compared to analysts’ expectations of $1.05 billion. Lennox International had a return on equity of 303.36% and a net margin of 12.38%. Research analysts anticipate that Lennox International will post 19.96 earnings per share for the current year.

Lennox International Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, July 15th. Investors of record on Friday, June 28th will be given a dividend of $1.15 per share. The ex-dividend date of this dividend is Friday, June 28th. This represents a $4.60 dividend on an annualized basis and a yield of 0.84%. This is a positive change from Lennox International’s previous quarterly dividend of $1.10. Lennox International’s payout ratio is currently 26.65%.

About Lennox International

(Get Free Report

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.

Further Reading

Analyst Recommendations for Lennox International (NYSE:LII)

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