Wells Fargo Sticks to Their Hold Rating for Lennox International (LII)
In a report released on February 19, Joe O’Dea from Wells Fargo maintained a Hold rating on Lennox International, with a price target of $520.00. The company’s shares closed last Friday at $550.32.
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According to TipRanks, O’Dea is a 5-star analyst with an average return of 12.0% and a 63.47% success rate. O’Dea covers the Industrials sector, focusing on stocks such as Dover, Honeywell International, and Parker Hannifin.
In addition to Wells Fargo, Lennox International also received a Hold from TipRanks – Google’s Google Construction in a report issued yesterday. However, on the same day, TipRanks – DeepSeek upgraded Lennox International (NYSE: LII) to a Buy.
Based on Lennox International’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.2 billion and a net profit of $142.5 million. In comparison, last year the company earned a revenue of $1.35 billion and had a net profit of $197.7 million
Based on the recent corporate insider activity of 56 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of LII in relation to earlier this year. Earlier this month, Chris Kosel, the VP-Corp Controller and CAO of LII sold 254.00 shares for a total of $136,271.00.
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