William Blair analyst Ryan Merkel has maintained their bullish stance on LII stock, giving a Buy rating today.
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Ryan Merkel has given his Buy rating due to a combination of factors, primarily focusing on the resilience of Lennox International’s margins despite challenges in the residential sector. The company’s ability to maintain strong margins, even as residential volumes fell significantly, indicates robust operational efficiency and effective cost management.
Additionally, the commercial segment performed better than expected, with stable volumes, which provides a positive outlook for the company’s diversified operations. Although the guidance for revenue and EPS was lowered, the overall performance and strategic positioning suggest potential for recovery and growth, justifying the Buy rating.
In another report released today, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a $618.00 price target.
Based on the recent corporate insider activity of 71 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.