Stephens Reiterates Overweight Rating for Lennox International (NYSE:LII)

Lennox International (NYSE:LII)‘s stock had its “overweight” rating reaffirmed by equities research analysts at Stephens in a report released on Friday,Benzinga reports. They presently have a $750.00 target price on the construction company’s stock. Stephens’ price target suggests a potential upside of 23.51% from the company’s current price.

A number of other research analysts also recently commented on LII. Morgan Stanley started coverage on Lennox International in a research report on Monday, January 6th. They set an “underweight” rating and a $595.00 target price for the company. Northcoast Research started coverage on Lennox International in a research report on Friday, November 22nd. They set a “sell” rating and a $475.00 target price for the company. Mizuho downgraded Lennox International from an “outperform” rating to a “neutral” rating and lowered their target price for the company from $675.00 to $625.00 in a research report on Thursday, January 30th. UBS Group increased their target price on Lennox International from $575.00 to $625.00 and gave the company a “neutral” rating in a research report on Friday, January 3rd. Finally, JPMorgan Chase & Co. increased their target price on Lennox International from $536.00 to $565.00 and gave the company an “underweight” rating in a research report on Thursday, January 30th. Four research analysts have rated the stock with a sell rating, five have given a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $614.62.

Lennox International Trading Up 4.0 %

LII stock opened at $607.22 on Friday. Lennox International has a 1-year low of $445.63 and a 1-year high of $682.50. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.43 and a quick ratio of 0.90. The company has a market capitalization of $21.60 billion, a price-to-earnings ratio of 26.94, a PEG ratio of 2.36 and a beta of 1.13. The business has a 50 day simple moving average of $616.67 and a two-hundred day simple moving average of $615.03.

Lennox International (NYSE:LII) last posted its quarterly earnings results on Wednesday, January 29th. The construction company reported $5.60 earnings per share for the quarter, topping 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%. Research analysts anticipate that Lennox International will post 22.94 EPS for the current fiscal year.

Insider Activity at Lennox International

In other Lennox International news, CAO Chris Kosel sold 194 shares of the stock in a transaction on Friday, February 21st. The stock was sold at an average price of $644.20, for a total value of $124,974.80. Following the sale, the chief accounting officer now owns 1,282 shares in the company, valued at $825,864.40. This trade represents a 13.14 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 10.40% of the stock is currently owned by insiders.

Institutional Trading of Lennox International

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Geode Capital Management LLC increased its stake in Lennox International by 55.7% in the fourth quarter. Geode Capital Management LLC now owns 889,032 shares of the construction company’s stock worth $542,374,000 after purchasing an additional 317,937 shares during the period. Captrust Financial Advisors increased its stake in Lennox International by 500.0% in the fourth quarter. Captrust Financial Advisors now owns 94,086 shares of the construction company’s stock worth $57,326,000 after purchasing an additional 78,406 shares during the period. BNP Paribas Financial Markets increased its stake in Lennox International by 227.4% in the fourth quarter. BNP Paribas Financial Markets now owns 76,149 shares of the construction company’s stock worth $46,398,000 after purchasing an additional 52,888 shares during the period. National Pension Service increased its stake in Lennox International by 2.3% in the third quarter. National Pension Service now owns 51,263 shares of the construction company’s stock worth $30,978,000 after purchasing an additional 1,140 shares during the period. Finally, Russell Investments Group Ltd. increased its stake in Lennox International by 27.8% in the fourth quarter. Russell Investments Group Ltd. now owns 42,430 shares of the construction company’s stock worth $25,861,000 after purchasing an additional 9,239 shares during the period. Hedge funds and other institutional investors own 67.07% of the company’s stock.

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.