Lennox International (NYSE:LII) Shares Down 4.2% – Should You Sell?

Lennox International, Inc. (NYSE:LII)’s stock price was down 4.2% during trading on Thursday . The company traded as low as $508.65 and last traded at $507.0790. Approximately 5,764 shares traded hands during mid-day trading, a decline of 99% from the average daily volume of 468,276 shares. The stock had previously closed at $529.04.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on LII shares. Weiss Ratings cut shares of Lennox International from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, May 26th. BNP Paribas Exane started coverage on shares of Lennox International in a report on Tuesday, April 14th. They issued a “neutral” rating and a $535.00 target price for the company. Oppenheimer upped their target price on shares of Lennox International from $630.00 to $645.00 and gave the company an “outperform” rating in a report on Thursday, March 5th. Wall Street Zen raised shares of Lennox International from a “sell” rating to a “hold” rating in a report on Saturday, March 7th. Finally, William Blair reiterated an “outperform” rating on shares of Lennox International in a research note on Thursday, March 5th. Five research analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $575.46.

Lennox International Trading Down 1.1%

The company has a debt-to-equity ratio of 0.94, a current ratio of 1.57 and a quick ratio of 0.64. The business’s 50 day moving average price is $500.29 and its 200-day moving average price is $506.00. The firm has a market capitalization of $17.79 billion, a price-to-earnings ratio of 23.01, a price-to-earnings-growth ratio of 1.98 and a beta of 1.18.

Lennox International (NYSE:LII) last issued its quarterly earnings results on Wednesday, April 29th. The construction company reported $3.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.16 by $0.19. Lennox International had a net margin of 14.89% and a return on equity of 73.27%. The business had revenue of $1.14 billion for the quarter, compared to analyst estimates of $1.07 billion. During the same period in the previous year, the business posted $3.63 earnings per share. The business’s revenue was up 5.8% compared to the same quarter last year. Lennox International has set its FY 2026 guidance at 23.500-25.000 EPS. Equities analysts forecast that Lennox International, Inc. will post 24.35 EPS for the current fiscal year.

Lennox International Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be given a dividend of $1.36 per share. The ex-dividend date is Tuesday, June 30th. This is an increase from Lennox International’s previous quarterly dividend of $1.30. This represents a $5.44 annualized dividend and a yield of 1.1%. Lennox International’s dividend payout ratio (DPR) is currently 23.40%.

Insiders Place Their Bets

In other Lennox International news, CAO Chris Kosel sold 971 shares of the company’s stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $544.80, for a total transaction of $529,000.80. Following the transaction, the chief accounting officer directly owned 1,090 shares in the company, valued at approximately $593,832. This represents a 47.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 9.80% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Glenmede Trust Co. NA grew its position in Lennox International by 4.0% during the first quarter. Glenmede Trust Co. NA now owns 907 shares of the construction company’s stock worth $421,000 after buying an additional 35 shares during the period. Arkadios Wealth Advisors acquired a new position in Lennox International during the first quarter worth about $206,000. EverSource Wealth Advisors LLC grew its position in Lennox International by 36.5% during the first quarter. EverSource Wealth Advisors LLC now owns 471 shares of the construction company’s stock worth $219,000 after buying an additional 126 shares during the period. Entropy Technologies LP grew its position in Lennox International by 410.9% during the first quarter. Entropy Technologies LP now owns 19,278 shares of the construction company’s stock worth $8,947,000 after buying an additional 15,505 shares during the period. Finally, Oslo Pensjonsforsikring AS acquired a new position in Lennox International during the first quarter worth about $118,000. 67.07% of the stock is currently owned by institutional investors and hedge funds.

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.