Man Group plc Invests $13.23 Million in Lennox International, Inc. $LII

Man Group plc purchased a new stake in Lennox International, Inc. (NYSE:LII) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 23,095 shares of the construction company’s stock, valued at approximately $13,232,000. Man Group plc owned about 0.07% of Lennox International at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Root Financial Partners LLC increased its stake in Lennox International by 137.9% in the first quarter. Root Financial Partners LLC now owns 69 shares of the construction company’s stock valued at $32,000 after purchasing an additional 40 shares during the period. N.E.W. Advisory Services LLC acquired a new stake in shares of Lennox International during the second quarter worth about $37,000. Huntington National Bank boosted its stake in shares of Lennox International by 51.8% during the fourth quarter. Huntington National Bank now owns 85 shares of the construction company’s stock worth $41,000 after buying an additional 29 shares during the period. Global Retirement Partners LLC purchased a new position in shares of Lennox International during the second quarter worth about $50,000. Finally, MUFG Securities EMEA plc purchased a new position in shares of Lennox International during the second quarter worth about $54,000. Institutional investors and hedge funds own 67.07% of the company’s stock.

Lennox International Stock Down 0.5%

Shares of NYSE LII opened at $391.81 on Friday. The company has a quick ratio of 0.77, a current ratio of 1.57 and a debt-to-equity ratio of 0.89. Lennox International, Inc. has a 52 week low of $387.45 and a 52 week high of $587.27. The firm has a 50-day moving average price of $492.67 and a 200 day moving average price of $502.56. The stock has a market capitalization of $13.54 billion, a price-to-earnings ratio of 17.71, a price-to-earnings-growth ratio of 1.55 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 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 company had revenue of $1.55 billion for the quarter, compared to analyst estimates of $1.56 billion. During the same period in the prior year, the business posted $7.82 earnings per share. The firm’s revenue for the quarter 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 anticipate that Lennox International, Inc. will post 23.69 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have weighed in on LII shares. Royal Bank Of Canada decreased 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. William Blair reissued an “outperform” rating on shares of Lennox International in a report on Wednesday, July 29th. 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. The Goldman Sachs Group dropped their target price on Lennox International from $625.00 to $547.00 and set a “buy” rating on the stock in a research report on Friday, July 31st. Finally, Barclays cut their target price on Lennox International from $600.00 to $597.00 and set an “overweight” rating for the company in a research note on Thursday, April 30th. Five research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $546.58.

About Lennox International

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.