Fintel reports that on September 22, 2023, Morgan Stanley maintained coverage of Lennox International (NYSE:LII) with a Equal-Weight recommendation.
Analyst Price Forecast Suggests 4.51% Upside
As of August 31, 2023, the average one-year price target for Lennox International is 384.81. The forecasts range from a low of 335.32 to a high of $430.50. The average price target represents an increase of 4.51% from its latest reported closing price of 368.19.
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The projected annual revenue for Lennox International is 4,825MM, an increase of 0.53%. The projected annual non-GAAP EPS is 14.94.
What is the Fund Sentiment?
There are 826 funds or institutions reporting positions in Lennox International. This is a decrease of 14 owner(s) or 1.67% in the last quarter. Average portfolio weight of all funds dedicated to LII is 0.28%, an increase of 26.24%. Total shares owned by institutions decreased in the last three months by 2.78% to 27,721K shares. 
The put/call ratio of LII is 2.12, indicating a bearish outlook.
What are Other Shareholders Doing?
Kayne Anderson Rudnick Investment Management holds 1,390K shares representing 3.91% ownership of the company. In it's prior filing, the firm reported owning 1,358K shares, representing an increase of 2.28%. The firm increased its portfolio allocation in LII by 82.63% over the last quarter.
Mather Group, Llc. holds 1,235K shares representing 3.48% ownership of the company. In it's prior filing, the firm reported owning 1,241K shares, representing a decrease of 0.49%. The firm increased its portfolio allocation in LII by 15.91% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 996K shares representing 2.81% ownership of the company. In it's prior filing, the firm reported owning 987K shares, representing an increase of 0.92%. The firm increased its portfolio allocation in LII by 20.83% over the last quarter.
IJH - iShares Core S&P Mid-Cap ETF holds 980K shares representing 2.76% ownership of the company. In it's prior filing, the firm reported owning 996K shares, representing a decrease of 1.61%. The firm increased its portfolio allocation in LII by 22.33% over the last quarter.
Wellington Management Group Llp holds 898K shares representing 2.53% ownership of the company. In it's prior filing, the firm reported owning 918K shares, representing a decrease of 2.24%. The firm increased its portfolio allocation in LII by 21.11% over the last quarter.
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.
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