William Blair Issues Optimistic Estimate for LII Earnings

Lennox International Inc. (NYSE:LII) – Equities researchers at William Blair raised their Q4 2024 earnings estimates for Lennox International in a research note issued on Wednesday, January 15th. William Blair analyst R. Merkel now expects that the construction company will post earnings per share of $4.40 for the quarter, up from their prior forecast of $4.19. The consensus estimate for Lennox International’s current full-year earnings is $21.12 per share. William Blair also issued estimates for Lennox International’s Q2 2025 earnings at $7.64 EPS and Q3 2025 earnings at $7.22 EPS.

LII has been the topic of several other reports. Royal Bank of Canada lifted their price target on shares of Lennox International from $604.00 to $619.00 and gave the company a “sector perform” rating in a research note on Thursday, October 24th. Mizuho lifted their price target on shares of Lennox International from $650.00 to $675.00 and gave the company an “outperform” rating in a research note on Thursday, October 24th. KeyCorp lowered shares of Lennox International from an “overweight” rating to a “sector weight” rating in a research note on Tuesday, October 15th. Robert W. Baird lifted their price objective on shares of Lennox International from $648.00 to $656.00 and gave the company a “neutral” rating in a research report on Thursday, October 24th. Finally, Wells Fargo & Company lifted their price objective on shares of Lennox International from $570.00 to $615.00 and gave the company an “equal weight” rating in a research report on Monday, October 7th. Three analysts have rated the stock with a sell rating, seven have issued a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $590.50.

Lennox International Stock Up 0.8 %

Shares of LII stock opened at $647.92 on Monday. The company has a current ratio of 1.39, a quick ratio of 0.87 and a debt-to-equity ratio of 1.10. Lennox International has a 1 year low of $412.09 and a 1 year high of $682.50. The firm’s fifty day moving average price is $636.68 and its two-hundred day moving average price is $601.58. The firm has a market capitalization of $23.08 billion, a P/E ratio of 30.77, a PEG ratio of 1.69 and a beta of 1.11.

Lennox International (NYSE:LII) last issued its quarterly earnings results on Wednesday, October 23rd. The construction company reported $6.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.95 by $0.73. Lennox International had a net margin of 14.63% and a return on equity of 148.52%. The firm had revenue of $1.50 billion for the quarter, compared to analyst estimates of $1.42 billion. During the same period in the previous year, the business earned $5.37 EPS. The company’s revenue was up 9.6% compared to the same quarter last year.

Lennox International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were issued a dividend of $1.15 per share. This represents a $4.60 annualized dividend and a dividend yield of 0.71%. The ex-dividend date was Tuesday, December 31st. Lennox International’s payout ratio is 21.84%.

Insider Buying and Selling

In other Lennox International news, EVP John D. Torres sold 581 shares of the business’s stock in a transaction dated Friday, October 25th. The shares were sold at an average price of $620.98, for a total value 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 $2,898,734.64. The trade was a 11.07 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Shane D. Wall sold 325 shares of the business’s stock in a transaction dated Monday, October 28th. The shares were sold at an average price of $612.97, for a total transaction of $199,215.25. Following the completion of the sale, the director now directly owns 2,035 shares of the company’s stock, valued at $1,247,393.95. This represents a 13.77 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 2,106 shares of company stock valued at $1,353,233. Company insiders own 10.40% of the company’s stock.

Institutional Trading of Lennox International

A number of institutional investors have recently bought and sold shares of LII. Pacer Advisors Inc. boosted its holdings in Lennox International by 5.0% in the 2nd quarter. Pacer Advisors Inc. now owns 7,306 shares of the construction company’s stock valued at $3,909,000 after purchasing an additional 349 shares during the period. Toronto Dominion Bank raised its position in shares of Lennox International by 2.2% in the 2nd quarter. Toronto Dominion Bank now owns 3,119 shares of the construction company’s stock valued at $1,669,000 after buying an additional 66 shares in the last quarter. Dorsey Wright & Associates raised its position in shares of Lennox International by 2.6% in the 2nd quarter. Dorsey Wright & Associates now owns 3,768 shares of the construction company’s stock valued at $2,016,000 after buying an additional 96 shares in the last quarter. Driehaus Capital Management LLC acquired a new position in shares of Lennox International in the 2nd quarter valued at approximately $11,115,000. Finally, Magnolia Capital Advisors LLC acquired a new position in shares of Lennox International in the 2nd quarter valued at approximately $300,000. Institutional investors own 67.07% of the company’s stock.

Lennox International Company Profile

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.