Legal & General Group Plc Acquires Shares of 95,867 Lennox International, Inc. $LII

Legal & General Group Plc acquired a new stake in Lennox International, Inc. (NYSE:LII) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 95,867 shares of the construction company’s stock, valued at approximately $54,927,000.

Other hedge funds have also recently modified their holdings of the company. Nicholas Company Inc. boosted its stake in shares of Lennox International by 0.4% in the fourth quarter. Nicholas Company Inc. now owns 6,600 shares of the construction company’s stock worth $3,205,000 after buying an additional 25 shares during the last quarter. Huntington National Bank raised its position in Lennox International by 51.8% during the fourth quarter. Huntington National Bank now owns 85 shares of the construction company’s stock valued at $41,000 after acquiring an additional 29 shares in the last quarter. Glenmede Trust Co. NA raised 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 valued at $421,000 after acquiring an additional 35 shares in the last quarter. Valeo Financial Advisors LLC lifted its holdings in Lennox International by 10.3% in the fourth quarter. Valeo Financial Advisors LLC now owns 418 shares of the construction company’s stock valued at $203,000 after acquiring an additional 39 shares during the period. Finally, Root Financial Partners LLC lifted its holdings 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 acquiring an additional 40 shares during the period. Hedge funds and other institutional investors own 67.07% of the company’s stock.

Wall Street Analyst Weigh In

LII has been the topic of a number of analyst reports. William Blair reaffirmed an “outperform” rating on shares of Lennox International in a research note on Wednesday, July 29th. Royal Bank Of Canada cut their target price on shares of Lennox International from $579.00 to $469.00 and set a “sector perform” rating for the company in a report on Thursday, July 30th. Weiss Ratings cut shares of Lennox International from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, August 11th. Finally, The Goldman Sachs Group lowered their price target on shares of Lennox International from $625.00 to $547.00 and set a “buy” rating on the stock in a report on Friday, July 31st. Five equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $546.58.

Lennox International Stock Performance

NYSE LII opened at $393.39 on Friday. The stock has a market capitalization of $13.60 billion, a price-to-earnings ratio of 17.78, a PEG ratio of 1.54 and a beta of 1.19. Lennox International, Inc. has a twelve month low of $387.45 and a twelve month high of $587.27. 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 stock has a 50-day moving average of $489.88 and a 200 day moving average of $501.79.

Lennox International (NYSE:LII) last issued its quarterly earnings results on Wednesday, July 29th. The construction company reported $7.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $7.67 by $0.05. Lennox International had a return on equity of 66.42% and a net margin of 14.61%.The company had revenue of $1.55 billion for the quarter, compared to the consensus estimate of $1.56 billion. During the same quarter in the prior year, the business posted $7.82 earnings per share. Lennox International’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. Sell-side analysts anticipate that Lennox International, Inc. will post 23.69 EPS for the current fiscal 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.