Lennox International (NYSE:LII) Price Target Raised to $625.00

Lennox International (NYSE:LII) had its price target boosted by analysts at UBS Group from $575.00 to $625.00 in a research note issued to investors on Friday,Benzinga reports. The brokerage currently has a “neutral” rating on the construction company’s stock. UBS Group’s price target points to a potential upside of 3.39% from the stock’s previous close.

Several other equities analysts have also recently weighed in on LII. Royal Bank of Canada raised their price target on shares of Lennox International from $604.00 to $619.00 and gave the stock a “sector perform” rating in a research note on Thursday, October 24th. KeyCorp cut shares of Lennox International from an “overweight” rating to a “sector weight” rating in a research report on Tuesday, October 15th. Barclays upped their target price on Lennox International from $624.00 to $674.00 and gave the stock an “equal weight” rating in a report on Thursday, December 5th. Northcoast Research started coverage on Lennox International in a research report on Friday, November 22nd. They set a “sell” rating and a $475.00 price target on the stock. Finally, Robert W. Baird increased their price objective on Lennox International from $648.00 to $656.00 and gave the company a “neutral” rating in a report on Thursday, October 24th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and five have issued a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $590.15.

Lennox International Stock Performance

Shares of LII stock opened at $604.52 on Friday. The company has a market capitalization of $21.53 billion, a P/E ratio of 28.70, a price-to-earnings-growth ratio of 2.04 and a beta of 1.08. Lennox International has a 52 week low of $412.09 and a 52 week high of $682.50. The company has a debt-to-equity ratio of 1.10, a quick ratio of 0.87 and a current ratio of 1.39. The company’s 50 day moving average price is $633.96 and its two-hundred day moving average price is $594.40.

Lennox International (NYSE:LII) last announced its earnings results on Wednesday, October 23rd. The construction company reported $6.68 earnings per share for the quarter, topping analysts’ consensus estimates of $5.95 by $0.73. The firm had revenue of $1.50 billion during the quarter, compared to analyst estimates of $1.42 billion. Lennox International had a net margin of 14.63% and a return on equity of 148.52%. The company’s revenue for the quarter was up 9.6% compared to the same quarter last year. During the same period in the prior year, the business earned $5.37 EPS. On average, analysts expect that Lennox International will post 21.1 earnings per share for the current fiscal year.

Insider Activity

In other Lennox International news, Director Todd J. Teske sold 500 shares of the stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $675.52, for a total transaction of $337,760.00. Following the transaction, the director now owns 7,911 shares in the company, valued at $5,344,038.72. This represents a 5.94 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP John D. Torres sold 581 shares of Lennox International stock in a transaction that occurred on Friday, October 25th. The shares were sold at an average price of $620.98, for a total transaction of $360,789.38. Following the completion of the sale, the executive vice president now owns 4,668 shares of the company’s stock, valued at approximately $2,898,734.64. The trade was a 11.07 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 2,106 shares of company stock valued at $1,353,233. 10.40% of the stock is owned by insiders.

Institutional Investors Weigh In On Lennox International

Large investors have recently bought and sold shares of the company. Huntington National Bank boosted its holdings in shares of Lennox International by 47.9% in the 3rd quarter. Huntington National Bank now owns 71 shares of the construction company’s stock valued at $43,000 after purchasing an additional 23 shares in the last quarter. L & S Advisors Inc lifted its position in shares of Lennox International by 0.8% during the 2nd quarter. L & S Advisors Inc now owns 5,335 shares of the construction company’s stock worth $2,854,000 after buying an additional 40 shares during the last quarter. Argent Trust Co lifted its position in shares of Lennox International by 6.6% during the 2nd quarter. Argent Trust Co now owns 665 shares of the construction company’s stock worth $356,000 after buying an additional 41 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in Lennox International in the third quarter valued at about $27,000. Finally, First Horizon Advisors Inc. bought a new position in Lennox International in the third quarter valued at about $39,000. 67.07% of the stock is currently owned by institutional investors and hedge funds.

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.