Keebeck Wealth Management acquired a new stake in Lennox International, Inc. (NYSE:LII – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 2,842 shares of the construction company’s stock, valued at approximately $1,632,000.
Other institutional investors and hedge funds have also bought and sold shares of the company. Campbell Newman Asset Management Inc. acquired a new stake in shares of Lennox International in the 1st quarter valued at approximately $17,555,000. BlackRock Inc. acquired a new stake in Lennox International in the second quarter valued at $1,704,846,000. Pacer Advisors Inc. grew its position in shares of Lennox International by 45.8% in the 4th quarter. Pacer Advisors Inc. now owns 6,667 shares of the construction company’s stock valued at $3,237,000 after acquiring an additional 2,095 shares during the period. SG Americas Securities LLC grew its position in shares of Lennox International by 78.0% in the 1st quarter. SG Americas Securities LLC now owns 56,797 shares of the construction company’s stock valued at $26,361,000 after acquiring an additional 24,893 shares during the period. Finally, Bank of New York Mellon Corp increased its stake in shares of Lennox International by 10.2% during the 4th quarter. Bank of New York Mellon Corp now owns 203,539 shares of the construction company’s stock worth $98,835,000 after purchasing an additional 18,901 shares during the last quarter. Institutional investors own 67.07% of the company’s stock.
Analysts Set New Price Targets
A number of equities analysts recently commented on LII shares. Barclays reduced their price target on Lennox International from $600.00 to $597.00 and set an “overweight” rating for the company in a report on Thursday, April 30th. Royal Bank Of Canada cut their price objective on Lennox International from $579.00 to $469.00 and set a “sector perform” rating for the company in a research report on Thursday, July 30th. Vertical Research upgraded Lennox International from a “hold” rating to a “buy” rating and set a $600.00 target price for the company in a research note on Thursday, April 30th. William Blair reissued an “outperform” rating on shares of Lennox International in a report on Wednesday, July 29th. Finally, Weiss Ratings cut Lennox International from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, August 11th. Five research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $546.58.
Lennox International Price Performance
Lennox International stock opened at $402.99 on Friday. The company has a market capitalization of $13.93 billion, a price-to-earnings ratio of 18.22, a PEG ratio of 1.60 and a beta of 1.19. The company has a current ratio of 1.57, a quick ratio of 0.77 and a debt-to-equity ratio of 0.89. Lennox International, Inc. has a 12 month low of $402.44 and a 12 month high of $597.81. The stock’s 50 day moving average is $503.21 and its 200-day moving average is $506.11.
Lennox International (NYSE:LII – Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The construction company reported $7.72 EPS for the quarter, beating the consensus estimate 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 prior year, the company posted $7.82 earnings per share. Lennox International’s revenue was up 3.0% compared to the same quarter last year. Lennox International has set its FY 2026 guidance at 23.000-24.000 EPS. Equities research analysts expect that Lennox International, Inc. will post 23.69 EPS for the current year.
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.
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