Brokerages Set Lennox International Inc. (NYSE:LII) Price Target at $543.62

Shares of Lennox International Inc. (NYSE:LII) have been given a consensus recommendation of “Hold” by the twelve ratings firms that are covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and six have given a buy recommendation to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $555.00.

Several equities research analysts have commented on LII shares. The Goldman Sachs Group increased their price objective on shares of Lennox International from $507.00 to $575.00 and gave the company a “buy” rating in a research note on Wednesday, July 10th. Stephens reissued an “overweight” rating and set a $675.00 target price on shares of Lennox International in a research report on Thursday, July 25th. KeyCorp lifted their price target on shares of Lennox International from $515.00 to $600.00 and gave the stock an “overweight” rating in a report on Monday, July 22nd. Robert W. Baird boosted their price objective on Lennox International from $505.00 to $610.00 and gave the company a “neutral” rating in a research note on Monday, July 15th. Finally, Barclays increased their target price on Lennox International from $517.00 to $550.00 and gave the stock an “equal weight” rating in a research report on Friday, July 26th.

Lennox International Trading Up 0.7 %

NYSE:LII opened at $616.89 on Tuesday. Lennox International has a 52 week low of $334.53 and a 52 week high of $627.09. The company has a debt-to-equity ratio of 1.95, a quick ratio of 0.90 and a current ratio of 1.60. The firm’s fifty day moving average is $571.60 and its 200-day moving average is $523.59. The firm has a market cap of $21.98 billion, a P/E ratio of 35.74, a P/E/G ratio of 1.81 and a beta of 1.07.

Lennox International (NYSE:LII) last posted its quarterly earnings data on Wednesday, July 24th. The construction company reported $6.83 earnings per share for the quarter, topping the consensus estimate of $6.55 by $0.28. The firm had revenue of $1.45 billion during the quarter, compared to analyst estimates of $1.48 billion. Lennox International had a return on equity of 198.36% and a net margin of 12.85%. The business’s quarterly revenue was up 2.8% on a year-over-year basis. During the same period last year, the company posted $6.15 EPS. Equities analysts expect that Lennox International will post 20.32 earnings per share for the current year.

Insider Buying and Selling at Lennox International

In related news, EVP Prakash Bedapudi sold 5,374 shares of the business’s stock in a transaction on Wednesday, August 28th. The stock was sold at an average price of $584.00, for a total transaction of $3,138,416.00. Following the completion of the transaction, the executive vice president now owns 16,162 shares in the company, valued at approximately $9,438,608. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In related news, EVP Prakash Bedapudi sold 5,374 shares of the business’s stock in a transaction that occurred on Wednesday, August 28th. The shares were sold at an average price of $584.00, for a total transaction of $3,138,416.00. Following the completion of the transaction, the executive vice president now owns 16,162 shares in the company, valued at approximately $9,438,608. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Chris Kosel sold 1,744 shares of the stock in a transaction dated Friday, July 26th. The shares were sold at an average price of $573.79, for a total value of $1,000,689.76. Following the completion of the sale, the chief accounting officer now owns 1,646 shares of the company’s stock, valued at $944,458.34. The disclosure for this sale can be found here. Insiders sold 13,052 shares of company stock worth $7,563,793 in the last quarter. 10.40% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of LII. Innealta Capital LLC acquired a new position in shares of Lennox International during the 2nd quarter worth approximately $33,000. Massmutual Trust Co. FSB ADV increased its holdings in shares of Lennox International by 38.8% in the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 68 shares of the construction company’s stock valued at $36,000 after acquiring an additional 19 shares during the last quarter. Rise Advisors LLC acquired a new stake in Lennox International during the first quarter worth approximately $41,000. Whittier Trust Co. of Nevada Inc. acquired a new position in Lennox International in the second quarter valued at $65,000. Finally, Bessemer Group Inc. increased its position in Lennox International by 403.3% during the first quarter. Bessemer Group Inc. now owns 151 shares of the construction company’s stock worth $73,000 after buying an additional 121 shares during the period. Institutional investors and hedge funds own 67.07% of the company’s stock.

About Lennox International

Lennox International Inc, together with its subsidiaries, designs, manufactures, and markets a range of products for the heating, ventilation, air conditioning, and refrigeration markets in the United States, Canada, and internationally. The Home Comfort Solutions segment provides furnaces, air conditioners, heat pumps, packaged heating and cooling systems, indoor air quality equipment, comfort control products, and replacement parts and supplies; residential heating, ventilation, cooling equipment, and air conditioning; and evaporator coils and unit heaters under Lennox, Dave Lennox Signature Collection, Armstrong Air, Ducane, AirEase, Concord, MagicPak, Advanced Distributor Products, Allied, Elite Series, Merit Series, Comfort Sync, Healthy Climate, iComfort, ComfortSense, and Lennox Stores name.