Lennox International
About: Lennox International manufactures and distributes heating, ventilating, air conditioning, and refrigeration products to replacement (75% of sales) and new construction (25% of sales) markets. In fiscal 2023, residential HVAC was 68% of sales and commercial HVAC and Heatcraft refrigeration was 32% of sales. The company goes to market with multiple brands, but Lennox is the company's flagship HVAC brand. The Texas-based company is focused on North America after the sale of its European HVAC and refrigeration businesses in late 2023.
Employees: 12,600
0
Funds holding %
of 6,790 funds
0
Analysts bullish %
of 8 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
116% more first-time investments, than exits
New positions opened: 108 | Existing positions closed: 50
50% more call options, than puts
Call options by funds: $82.5M | Put options by funds: $55M
14% more repeat investments, than reductions
Existing positions increased: 214 | Existing positions reduced: 188
11% more funds holding
Funds holding: 540 [Q2] → 598 (+58) [Q3]
1% less capital invested
Capital invested by funds: $14.3B [Q2] → $14.1B (-$172M) [Q3]
9.26% less ownership
Funds ownership: 75.31% [Q2] → 66.06% (-9.26%) [Q3]
27% less funds holding in top 10
Funds holding in top 10: 11 [Q2] → 8 (-3) [Q3]
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$575
13%
downside
Avg. target
$636
4%
downside
High target
$675
2%
upside
8 analyst ratings
2 positive
25%
6 neutral
75%
0 negative
0%
Barclays Julian Mitchell 81% 1-year accuracy 72 / 89 met price target | 2%upside $674 | Equal-Weight Maintained | 5 Dec 2024 |
RBC Capital Deane Dray 74% 1-year accuracy 29 / 39 met price target | 6%downside $619 | Sector Perform Maintained | 24 Oct 2024 |
Mizuho Brett Linzey 96% 1-year accuracy 27 / 28 met price target | 2%upside $675 | Outperform Maintained | 24 Oct 2024 |
Barclays Julian Mitchell 81% 1-year accuracy 72 / 89 met price target | 6%downside $624 | Equal-Weight Maintained | 24 Oct 2024 |
Baird Timothy Wojs 76% 1-year accuracy 22 / 29 met price target | 1%downside $656 | Neutral Maintained | 24 Oct 2024 |
Financial journalist opinion
Based on 5 articles about LII published over the past 30 days
Neutral
PRNewsWire
14 hours ago
Lennox Declares Quarterly Dividend and Announces Annual Meeting
DALLAS , Dec. 6, 2024 /PRNewswire/ -- The board of directors of Lennox (NYSE: LII) voted to declare a quarterly cash dividend of $1.15 per share of common stock. The dividend is payable on January 15, 2025, to stockholders of record as of December 31, 2024.
Neutral
PRNewsWire
2 weeks ago
Lennox Partners with Contractor Commerce to Extend Innovative E-commerce Capabilities to Dealers
Through this integrated platform, dealers will benefit from local consumer traffic to their websites for system replacement and maintenance needs. RICHARDSON, Texas , Nov. 18, 2024 /PRNewswire/ -- Lennox (NYSE: LII), a leading provider of innovative climate solutions in the HVACR industry, is proud to announce a groundbreaking partnership with Contractor Commerce, a leading e-commerce platform for HVAC contractors.
Positive
Seeking Alpha
2 weeks ago
Lennox's Transformation Plan Helps Drive Higher Bottom Lines
I rate Lennox International a Buy, expecting a 12.36% share price increase, driven by strong recent results and its transformation plan. Lennox has grown net income from $51 million in 2009 to $590 million in 2023, with projections of $645 million this year. The company's Q3 earnings beat estimates, showing double-digit revenue growth and significant progress on its Lennox Unified Management System.
Positive
Zacks Investment Research
3 weeks ago
Lennox International, Inc. (LII) Hits Fresh High: Is There Still Room to Run?
Lennox (LII) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Neutral
PRNewsWire
4 weeks ago
Lennox Introduces Most Efficient Air Conditioner with Low GWP
The Lennox SL25KCV Air Conditioner pushes the boundaries of precision and efficiency, consistently delivering perfect air for the home. RICHARDSON, Texas , Nov. 7, 2024 /PRNewswire/ -- Lennox Residential HVAC, a trusted home comfort solutions and energy-efficiency innovator since 1895, announced the latest addition to its industry-leading Dave Lennox Signature ® Collection with the launch of the SL25KCV Air Conditioner, the most precise and efficient air conditioner availablei.
Positive
The Motley Fool
1 month ago
My 3 Favorite Stocks to Buy Right Now
Here are three attractive stocks to buy that will give you a healthy mix of growth and dividends.
Neutral
Seeking Alpha
1 month ago
Lennox International Inc. (LII) Q3 2024 Earnings Call Transcript
Lennox International Inc. (LII) Q3 2024 Earnings Call Transcript
Neutral
Zacks Investment Research
1 month ago
Compared to Estimates, Lennox (LII) Q3 Earnings: A Look at Key Metrics
While the top- and bottom-line numbers for Lennox (LII) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Positive
Zacks Investment Research
1 month ago
Lennox International (LII) Tops Q3 Earnings and Revenue Estimates
Lennox International (LII) came out with quarterly earnings of $6.68 per share, beating the Zacks Consensus Estimate of $5.95 per share. This compares to earnings of $5.37 per share a year ago.
Neutral
PRNewsWire
1 month ago
Lennox Reports Third Quarter Results and Raises Full Year Guidance
Q3 Highlights (All comparisons are year-over-year, unless otherwise noted)(Prior-year adjusted results and core revenue exclude European operations that were divested in the 4Q 2023) Revenue $1.5 billion – Core revenue up 15%, including 2% growth from acquisitions GAAP Operating Income $303 million – Adjusted segment profit up 21% to $303 million GAAP diluted EPS $6.68 – Adjusted diluted EPS up 24% to $6.68 Net cash from operations was $452 million – Free cash flow was $412 million, up 50% Raising FY guidance to 10% revenue growth, EPS to $20.75-$21.00 and cash flow to $575 - $650 million Highlights from recent press announcements: Company announced CLO, John Torres, has elected to retire and is being succeeded by Monica Brown, effective January 1, 2025. DALLAS , Oct. 23, 2024 /PRNewswire/ -- Lennox (NYSE: LII), a leader in energy-efficient climate-control solutions, today reported third quarter financial results with $1.5 billion of revenue, a record $303 million of operating income and $6.68 GAAP diluted earnings per share.
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