Lennox International (NYSE:LII) Sets New 12-Month Low – Here’s What Happened

Lennox International, Inc. (NYSE:LII) shares reached a new 52-week low on Tuesday . The company traded as low as $407.94 and last traded at $412.7450, with a volume of 13049 shares trading hands. The stock had previously closed at $416.13.

Analyst Ratings Changes

Several research analysts recently weighed in on LII shares. William Blair reaffirmed an “outperform” rating on shares of Lennox International in a report on Wednesday, July 29th. Weiss Ratings downgraded Lennox International from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, August 11th. Barclays dropped their price objective on Lennox International from $600.00 to $597.00 and set an “overweight” rating for the company in a research note on Thursday, April 30th. Royal Bank Of Canada cut their target price on Lennox International from $579.00 to $469.00 and set a “sector perform” rating for the company in a research report on Thursday, July 30th. Finally, The Goldman Sachs Group decreased their target price on Lennox International from $625.00 to $547.00 and set a “buy” rating on the stock in a research note on Friday, July 31st. Five investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Lennox International presently has an average rating of “Hold” and an average price target of $546.58.

Lennox International Price Performance

The firm’s fifty day simple moving average is $507.59 and its 200 day simple moving average is $507.46. The firm has a market cap of $14.51 billion, a P/E ratio of 18.98, a P/E/G ratio of 1.62 and a beta of 1.19. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.77 and a current ratio of 1.57.

Lennox International (NYSE:LII) last issued its earnings results on Wednesday, July 29th. The construction company reported $7.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.67 by $0.05. The firm had revenue of $1.55 billion for the quarter, compared to analysts’ expectations of $1.56 billion. Lennox International had a return on equity of 66.42% and a net margin of 14.61%.The business’s revenue was up 3.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $7.82 earnings per share. Lennox International has set its FY 2026 guidance at 23.000-24.000 EPS. As a group, analysts forecast that Lennox International, Inc. will post 23.69 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of LII. BlackRock Inc. purchased a new position in shares of Lennox International in the 2nd quarter worth $1,704,846,000. Beacon Pointe Advisors LLC purchased a new stake in shares of Lennox International during the 2nd quarter valued at about $239,217,000. Bank of America Corp DE bought a new position in shares of Lennox International in the 2nd quarter valued at about $196,075,000. Deutsche Bank AG purchased a new position in Lennox International in the second quarter worth about $159,181,000. Finally, Bank of New York Mellon Corp bought a new stake in Lennox International during the second quarter worth approximately $109,955,000. 67.07% of the stock is currently owned by institutional investors.

Lennox International Company Profile

Lennox International Inc is a global manufacturer of climate control products and services, principally serving residential and commercial heating, ventilation and air conditioning (HVAC) markets. The company designs, engineers and produces a range of products including furnaces, air conditioners, heat pumps, air handlers, packaged rooftop units and related controls and indoor air quality equipment. Lennox also supplies aftermarket parts and accessories and supports its product lines with technical service, training and warranty programs for dealer and distribution partners.

Originally founded in 1895 by Dave Lennox, the company has grown from its early roots into a multinational business with operations concentrated in North America and a presence in other international markets.