On March 28, 2023,
Oppenheimer
initiated coverage of Lennox International with
a Perform recommendation.
Analyst Price Forecast Suggests 11.24% Upside
As of March 28, 2023,
the average one-year price target for Lennox International is $271.76.
The forecasts range from a low of $228.26 to a high of $315.00.
The average price target represents an increase of 11.24% from its latest reported closing price of $244.29.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Lennox International
is $4,825MM, an increase of 2.26%.
The projected annual non-GAAP EPS
is $14.94.
What are Large Shareholders Doing?
Kayne Anderson Rudnick Investment Management
holds 1,257K shares
representing 3.54% ownership of the company.
In it’s prior filing, the firm reported owning 1,272K shares, representing
a decrease
of 1.21%.
The firm
decreased
its portfolio allocation in LII by 40.92% over the last quarter.
Mather Group, Llc.
holds 1,241K shares
representing 3.50% ownership of the company.
No change in the last quarter.
Atlanta Capital Management Co L L C
holds 1,096K shares
representing 3.09% ownership of the company.
In it’s prior filing, the firm reported owning 1,096K shares, representing
a decrease
of 0.05%.
The firm
increased
its portfolio allocation in LII by 11.39% over the last quarter.
IJH – iShares Core S&P Mid-Cap ETF
holds 996K shares
representing 2.81% ownership of the company.
In it’s prior filing, the firm reported owning 942K shares, representing
an increase
of 5.40%.
The firm
decreased
its portfolio allocation in LII by 0.88% over the last quarter.
Wellington Management Group Llp
holds 986K shares
representing 2.78% ownership of the company.
In it’s prior filing, the firm reported owning 1,019K shares, representing
a decrease
of 3.40%.
The firm
decreased
its portfolio allocation in LII by 99.99% over the last quarter.
What is the Fund Sentiment?
There are 848 funds or institutions reporting positions in Lennox International.
This is a decrease
of
8
owner(s) or 0.93% in the last quarter.
Average portfolio weight of all funds dedicated to LII is 0.21%,
a decrease
of 7.58%.
Total shares owned by institutions increased
in the last three months by 3.70% to 30,079K shares.
The put/call ratio of LII is 3.67, indicating a
bearish
outlook.
Lennox International Background Information
(This description is provided by the company.)
Lennox International Inc. is a global leader in energy-efficient climate-control solutions. Dedicated to sustainability and creating comfortable and healthier environments for its residential and commercial customers while reducing their carbon footprint, the Company leads the field in innovation with its air conditioning, heating, indoor air quality, and refrigeration systems.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.