Lennox International Inc. (NYSE:LII) Receives $614.62 Consensus Target Price from Analysts

Lennox International Inc. (NYSE:LII) has earned an average recommendation of “Hold” from the thirteen research firms that are currently covering the stock, MarketBeat reports. Four equities research analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and four have given a buy recommendation to the company. The average 1 year price target among brokers that have covered the stock in the last year is $614.62.

A number of research analysts recently weighed in on the stock. Wells Fargo & Company reaffirmed an “underweight” rating and issued a $580.00 price target (down from $630.00) on shares of Lennox International in a research note on Monday, February 3rd. JPMorgan Chase & Co. lifted their target price on shares of Lennox International from $536.00 to $565.00 and gave the company an “underweight” rating in a report on Thursday, January 30th. Morgan Stanley initiated coverage on shares of Lennox International in a research note on Monday, January 6th. They issued an “underweight” rating and a $595.00 price target for the company. Barclays upgraded Lennox International from an “equal weight” rating to an “overweight” rating and raised their price target for the company from $665.00 to $702.00 in a research note on Wednesday, February 26th. Finally, Stephens restated an “overweight” rating and set a $750.00 target price on shares of Lennox International in a research note on Friday, March 7th.

Insider Activity

In related news, CAO Chris Kosel sold 194 shares of Lennox International stock in a transaction on Friday, February 21st. The stock was sold at an average price of $644.20, for a total value of $124,974.80. Following the transaction, the chief accounting officer now directly owns 1,282 shares in the company, valued at $825,864.40. The trade was a 13.14 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 10.40% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. Geode Capital Management LLC grew its holdings in shares of Lennox International by 55.7% during the fourth quarter. Geode Capital Management LLC now owns 889,032 shares of the construction company’s stock valued at $542,374,000 after buying an additional 317,937 shares in the last quarter. Captrust Financial Advisors grew its holdings in shares of Lennox International by 500.0% during the fourth quarter. Captrust Financial Advisors now owns 94,086 shares of the construction company’s stock valued at $57,326,000 after buying an additional 78,406 shares in the last quarter. BNP Paribas Financial Markets grew its holdings in shares of Lennox International by 227.4% during the fourth quarter. BNP Paribas Financial Markets now owns 76,149 shares of the construction company’s stock valued at $46,398,000 after buying an additional 52,888 shares in the last quarter. Russell Investments Group Ltd. grew its holdings in shares of Lennox International by 27.8% during the fourth quarter. Russell Investments Group Ltd. now owns 42,430 shares of the construction company’s stock valued at $25,861,000 after buying an additional 9,239 shares in the last quarter. Finally, Driehaus Capital Management LLC grew its holdings in shares of Lennox International by 3.8% during the fourth quarter. Driehaus Capital Management LLC now owns 38,259 shares of the construction company’s stock valued at $23,311,000 after buying an additional 1,411 shares in the last quarter. Hedge funds and other institutional investors own 67.07% of the company’s stock.

Lennox International Stock Performance

Shares of LII opened at $588.70 on Tuesday. Lennox International has a 12 month low of $445.63 and a 12 month high of $682.50. The stock has a fifty day moving average price of $612.73 and a 200-day moving average price of $615.25. The company has a current ratio of 1.43, a quick ratio of 0.90 and a debt-to-equity ratio of 0.98. The firm has a market cap of $20.95 billion, a PE ratio of 26.12, a P/E/G ratio of 2.36 and a beta of 1.13.

Lennox International (NYSE:LII) last announced its quarterly earnings results on Wednesday, January 29th. The construction company reported $5.60 earnings per share for the quarter, topping the consensus estimate of $4.12 by $1.48. Lennox International had a return on equity of 126.79% and a net margin of 15.11%. Equities research analysts predict that Lennox International will post 22.94 earnings per share for the current fiscal year.

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.