Lennox International Inc. (NYSE:LII) Receives Consensus Rating of “Hold” from Analysts

Lennox International Inc. (NYSE:LII) has been assigned an average recommendation of “Hold” from the fourteen research firms that are presently covering the firm, Marketbeat.com reports. Three research analysts have rated the stock with a sell rating, six have given a hold rating and five have issued a buy rating on the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $590.50.

LII has been the topic of several recent analyst reports. UBS Group increased their price objective on shares of Lennox International from $575.00 to $625.00 and gave the stock a “neutral” rating in a report on Friday, January 3rd. Northcoast Research started coverage on shares of Lennox International in a research note on Friday, November 22nd. They set a “sell” rating and a $475.00 price objective for the company. Wells Fargo & Company upped their price objective on Lennox International from $570.00 to $615.00 and gave the stock an “equal weight” rating in a report on Monday, October 7th. Royal Bank of Canada lifted their target price on Lennox International from $604.00 to $619.00 and gave the company a “sector perform” rating in a report on Thursday, October 24th. Finally, Robert W. Baird raised their price objective on Lennox International from $648.00 to $656.00 and gave the stock a “neutral” rating in a report on Thursday, October 24th.

Insiders Place Their Bets

In related news, Director Todd J. Teske sold 500 shares of the company’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $675.52, for a total value of $337,760.00. Following the sale, the director now directly owns 7,911 shares of the company’s stock, valued at $5,344,038.72. This represents a 5.94 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Chris Kosel sold 200 shares of the firm’s stock in a transaction on Wednesday, November 13th. The stock was sold at an average price of $625.49, for a total transaction of $125,098.00. Following the transaction, the chief accounting officer now directly owns 1,446 shares of the company’s stock, valued at approximately $904,458.54. This represents a 12.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 1,200 shares of company stock worth $793,228 in the last quarter. 10.40% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Lennox International

Several large investors have recently modified their holdings of the stock. Geode Capital Management LLC raised its stake in Lennox International by 2.2% during the third quarter. Geode Capital Management LLC now owns 571,095 shares of the construction company’s stock valued at $345,645,000 after buying an additional 12,183 shares in the last quarter. New York State Common Retirement Fund raised its position in shares of Lennox International by 3.8% during the 3rd quarter. New York State Common Retirement Fund now owns 55,113 shares of the construction company’s stock valued at $33,304,000 after acquiring an additional 2,013 shares in the last quarter. National Pension Service lifted its stake in Lennox International by 2.3% during 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 last quarter. BNP Paribas Financial Markets lifted its stake in Lennox International by 26.9% during the third quarter. BNP Paribas Financial Markets now owns 23,261 shares of the construction company’s stock worth $14,056,000 after purchasing an additional 4,927 shares during the last quarter. Finally, Mediolanum International Funds Ltd boosted its holdings in Lennox International by 469.6% in the fourth quarter. Mediolanum International Funds Ltd now owns 21,053 shares of the construction company’s stock worth $12,895,000 after purchasing an additional 17,357 shares during the period. Institutional investors own 67.07% of the company’s stock.

Lennox International Stock Down 0.5 %

LII opened at $663.33 on Monday. 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 has a 12 month low of $412.09 and a 12 month high of $682.50. The stock has a market capitalization of $23.63 billion, a P/E ratio of 31.50, a P/E/G ratio of 1.95 and a beta of 1.11. The business has a 50 day simple moving average of $640.94 and a 200-day simple moving average of $605.74.

Lennox International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were paid a dividend of $1.15 per share. This represents a $4.60 annualized dividend and a yield of 0.69%. The ex-dividend date was Tuesday, December 31st. Lennox International’s dividend payout ratio (DPR) is 21.84%.

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.