Wells Fargo & Company Boosts Lennox International (NYSE:LII) Price Target to $560.00

Lennox International (NYSE:LII) had its target price boosted by equities researchers at Wells Fargo & Company from $520.00 to $560.00 in a research report issued on Thursday,Benzinga reports. The firm currently has an “equal weight” rating on the construction company’s stock. Wells Fargo & Company‘s target price indicates a potential upside of 8.23% from the stock’s previous close.

Other research analysts have also issued research reports about the company. Morgan Stanley reduced their price target on Lennox International from $475.00 to $450.00 and set an “underweight” rating for the company in a research report on Monday, February 2nd. Weiss Ratings reissued a “hold (c+)” rating on shares of Lennox International in a report on Thursday, January 22nd. Royal Bank Of Canada reduced their price objective on shares of Lennox International from $563.00 to $534.00 and set a “sector perform” rating for the company in a report on Thursday, January 29th. Barclays decreased their target price on shares of Lennox International from $680.00 to $667.00 and set an “overweight” rating for the company in a research report on Wednesday, January 7th. Finally, William Blair restated an “outperform” rating on shares of Lennox International in a research report on Thursday. Four investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Lennox International presently has a consensus rating of “Hold” and a consensus price target of $579.64.

Lennox International Price Performance

NYSE LII opened at $517.44 on Thursday. The company has a 50-day moving average price of $527.15 and a two-hundred day moving average price of $521.70. Lennox International has a 52 week low of $443.19 and a 52 week high of $689.44. The stock has a market cap of $18.01 billion, a price-to-earnings ratio of 23.27, a price-to-earnings-growth ratio of 2.04 and a beta of 1.16. The company has a current ratio of 1.60, a quick ratio of 0.63 and a debt-to-equity ratio of 0.98.

Lennox International (NYSE:LII) last released its quarterly earnings results on Wednesday, January 28th. The construction company reported $4.45 earnings per share for the quarter, missing analysts’ consensus estimates of $4.76 by ($0.31). Lennox International had a net margin of 15.13% and a return on equity of 80.23%. The business had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.27 billion. During the same period last year, the firm posted $5.60 EPS. The business’s quarterly revenue was down 11.2% on a year-over-year basis. Lennox International has set its FY 2026 guidance at 23.500-25.000 EPS. Analysts forecast that Lennox International will post 22.94 EPS for the current year.

Insider Buying and Selling

In other news, Director Todd J. Teske sold 700 shares of Lennox International stock in a transaction that occurred on Wednesday, February 4th. The shares were sold at an average price of $533.45, for a total value of $373,415.00. Following the transaction, the director owned 6,881 shares of the company’s stock, valued at $3,670,669.45. The trade was a 9.23% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Shane D. Wall sold 100 shares of the stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $540.01, for a total transaction of $54,001.00. Following the sale, the director directly owned 2,205 shares of the company’s stock, valued at approximately $1,190,722.05. This represents a 4.34% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,054 shares of company stock valued at $563,687 over the last three months. Company insiders own 9.73% of the company’s stock.

Institutional Investors Weigh In On Lennox International

Institutional investors and hedge funds have recently modified their holdings of the stock. Pacer Advisors Inc. boosted its stake in shares of Lennox International by 45.8% during the 4th quarter. Pacer Advisors Inc. now owns 6,667 shares of the construction company’s stock worth $3,237,000 after acquiring an additional 2,095 shares in the last quarter. Jump Financial LLC acquired a new stake in shares of Lennox International during the fourth quarter worth $675,000. Quantitative Investment Management LLC lifted its holdings in shares of Lennox International by 170.9% during the fourth quarter. Quantitative Investment Management LLC now owns 1,276 shares of the construction company’s stock valued at $619,000 after purchasing an additional 805 shares during the last quarter. Van ECK Associates Corp boosted its position in shares of Lennox International by 10.3% in the 4th quarter. Van ECK Associates Corp now owns 7,776 shares of the construction company’s stock valued at $3,776,000 after purchasing an additional 726 shares during the period. Finally, Brown Brothers Harriman & Co. increased its stake in Lennox International by 54.1% in the 4th quarter. Brown Brothers Harriman & Co. now owns 410 shares of the construction company’s stock worth $199,000 after purchasing an additional 144 shares in the last quarter. Institutional investors and hedge funds own 67.07% of the company’s stock.

Lennox International Company Profile

Lennox International Inc is a global manufacturer of climate control products and services, principally serving residential and commercial heating, ventilation and air conditioning (HVAC) markets. The company designs, engineers and produces a range of products including furnaces, air conditioners, heat pumps, air handlers, packaged rooftop units and related controls and indoor air quality equipment. Lennox also supplies aftermarket parts and accessories and supports its product lines with technical service, training and warranty programs for dealer and distribution partners.

Originally founded in 1895 by Dave Lennox, the company has grown from its early roots into a multinational business with operations concentrated in North America and a presence in other international markets.