Deutsche Bank AG Purchases Shares of 277,827 Lennox International, Inc. $LII

Deutsche Bank AG purchased a new stake in Lennox International, Inc. (NYSE:LII) during the second quarter, HoldingsChannel reports. The institutional investor purchased 277,827 shares of the construction company’s stock, valued at approximately $159,181,000.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Bank of New York Mellon Corp raised its position in Lennox International by 10.2% in the 4th quarter. Bank of New York Mellon Corp now owns 203,539 shares of the construction company’s stock valued at $98,835,000 after buying an additional 18,901 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in Lennox International by 18.5% in the 3rd quarter. Ameriprise Financial Inc. now owns 85,096 shares of the construction company’s stock valued at $45,043,000 after acquiring an additional 13,281 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in Lennox International during the 2nd quarter worth approximately $44,075,000. BNP Paribas Financial Markets boosted its position in Lennox International by 3.5% during the 3rd quarter. BNP Paribas Financial Markets now owns 67,766 shares of the construction company’s stock worth $35,873,000 after acquiring an additional 2,276 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. grew its stake in shares of Lennox International by 0.7% during the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 62,868 shares of the construction company’s stock worth $29,179,000 after acquiring an additional 420 shares in the last quarter. 67.07% of the stock is owned by institutional investors and hedge funds.

Lennox International Price Performance

NYSE:LII opened at $419.87 on Thursday. Lennox International, Inc. has a 1-year low of $407.94 and a 1-year high of $615.75. The company has a current ratio of 1.57, a quick ratio of 0.77 and a debt-to-equity ratio of 0.89. The firm has a fifty day simple moving average of $507.59 and a 200 day simple moving average of $507.46. The stock has a market capitalization of $14.51 billion, a PE ratio of 18.98, a P/E/G ratio of 1.62 and a beta of 1.19.

Lennox International (NYSE:LII) last issued its earnings results on Wednesday, July 29th. The construction company reported $7.72 earnings per share for the quarter, topping analysts’ consensus estimates of $7.67 by $0.05. Lennox International had a net margin of 14.61% and a return on equity of 66.42%. The business had revenue of $1.55 billion for the quarter, compared to the consensus estimate of $1.56 billion. During the same period in the previous year, the company earned $7.82 earnings per share. The firm’s revenue for the quarter was up 3.0% on a year-over-year basis. Lennox International has set its FY 2026 guidance at 23.000-24.000 EPS. On average, research analysts expect that Lennox International, Inc. will post 23.69 EPS for the current fiscal year.

Wall Street Analyst Weigh In

LII has been the topic of a number of recent research reports. William Blair reiterated an “outperform” rating on shares of Lennox International in a report on Wednesday, July 29th. Vertical Research upgraded shares of Lennox International from a “hold” rating to a “buy” rating and set a $600.00 target price for the company in a report on Thursday, April 30th. Weiss Ratings downgraded shares of Lennox International from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, August 11th. Barclays lowered their price target on shares of Lennox International from $600.00 to $597.00 and set an “overweight” rating on the stock in a research note on Thursday, April 30th. Finally, The Goldman Sachs Group cut their price target on shares of Lennox International from $625.00 to $547.00 and set a “buy” rating on the stock in a research report on Friday, July 31st. Five equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $546.58.

Lennox International 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.