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Why Lennox International Inc (LII) Stock Could See Much Higher Prices Ahead

Lennox International Inc (NYSE: LII) is 6.26% higher on its value in year-to-date trading and has touched a low of $412.09 and a high of $682.50 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The LII stock was last observed hovering at around $642.86 in the last trading session, with the day’s gains setting it 4.6%.

Currently trading at $647.46, the stock is 3.95% and 1.84% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.23 million and changing 0.72% at the moment leaves the stock 14.16% off its SMA200. LII registered 49.48% gain for a year compared to 6-month gain of 17.63%. The firm has a 50-day simple moving average (SMA 50) of $635.7624 and a 200-day simple moving average (SMA200) of $567.13385.

The stock witnessed a -3.08% loss in the last 1 month and extending the period to 3 months gives it a 7.81%, and is 6.13% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.25% over the week and 2.62% over the month.

Lennox International Inc (LII) has around 12600 employees, a market worth around $23.06B and $5.15B in sales. Current P/E ratio is 30.75 and Fwd P/E is 27.84. Profit margin for the company is 14.63%. Distance from 52-week low is 57.12% and -5.13% from its 52-week high. The company has generated returns on investments over the last 12 months (41.95%).

with sales reaching $1.23B over the same period.The EPS is expected to grow by 17.87% this year, but quarterly earnings will post 4.92% year-over-year. Quarterly sales are estimated to grow 6.46% in year-over-year returns.

Lennox International Inc (LII) Top Institutional Holders

876.0 institutions hold shares in Lennox International Inc (LII), with institutional investors hold 79.20% of the company’s shares. The shares outstanding are 35.63M, and float is at 32.05M with Short Float at 4.53%. Institutions hold 70.97% of the Float.

The top institutional shareholder in the company is BLACKROCK INC. with over 3.7 million shares valued at $1.98 billion. The investor’s holdings represent 10.4001% of the LII Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 3.25 million shares valued at $1.74 billion to account for 9.1416 of the shares outstanding. The other top investors are KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC which holds 1.66 million shares representing 4.6758% and valued at over $890.52 million, while MORGAN STANLEY holds 3.6906 of the shares totaling 1.31 million with a market value of $702.88 million.

Lennox International Inc (LII) Insider Activity

The most recent transaction is an insider sale by Buck Sherry, the company’s Director. SEC filings show that Buck Sherry sold 500 shares of the company’s common stock on Nov 27 ’24 at a price of $660.74 per share for a total of $0.33 million. Following the sale, the insider now owns 1693.0 shares.

Still, SEC filings show that on Nov 25 ’24, TESKE TODD J (Director) disposed off 500 shares at an average price of $675.52 for $0.34 million. The insider now directly holds 7,911 shares of Lennox International Inc (LII).

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