Lennox International, Inc. (NYSE:LII – Get Free Report)’s share price reached a new 52-week low during trading on Monday . The stock traded as low as $401.42 and last traded at $403.0050, with a volume of 3745 shares traded. The stock had previously closed at $402.87.
Analyst Upgrades and Downgrades
Several research firms have weighed in on LII. The Goldman Sachs Group cut their target price on Lennox International from $625.00 to $547.00 and set a “buy” rating on the stock in a report on Friday, July 31st. William Blair reiterated an “outperform” rating on shares of Lennox International in a research note on Wednesday, July 29th. Barclays lowered their price objective on Lennox International from $600.00 to $597.00 and set an “overweight” rating on the stock in a report on Thursday, April 30th. Wells Fargo & Company raised their price objective on Lennox International from $480.00 to $555.00 and gave the company an “equal weight” rating in a research note on Thursday, April 30th. Finally, Royal Bank Of Canada reduced their target price on Lennox International from $579.00 to $469.00 and set a “sector perform” rating for the company in a report on Thursday, July 30th. Five equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $546.58.
Get Our Latest Stock Report on Lennox International
Lennox International Stock Down 2.6%
Lennox International (NYSE:LII – Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The construction company reported $7.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $7.67 by $0.05. The company had revenue of $1.55 billion during the quarter, compared to analysts’ expectations of $1.56 billion. Lennox International had a net margin of 14.61% and a return on equity of 66.42%. The business’s quarterly revenue was up 3.0% compared to the same quarter last year. During the same period in the prior year, the company earned $7.82 earnings per share. Lennox International has set its FY 2026 guidance at 23.000-24.000 EPS. As a group, equities research analysts forecast that Lennox International, Inc. will post 23.69 EPS for the current year.
Institutional Trading of Lennox International
Hedge funds have recently added to or reduced their stakes in the business. California State Teachers Retirement System grew its holdings in Lennox International by 49,193.3% in the 2nd quarter. California State Teachers Retirement System now owns 20,842,202 shares of the construction company’s stock valued at $11,941,540,000 after buying an additional 20,799,920 shares during the last quarter. HB Wealth Management LLC lifted its holdings in shares of Lennox International by 15.8% during the second quarter. HB Wealth Management LLC now owns 1,636 shares of the construction company’s stock worth $938,000 after buying an additional 223 shares during the last quarter. Saudi Central Bank lifted its holdings in shares of Lennox International by 88.2% during the second quarter. Saudi Central Bank now owns 2,193 shares of the construction company’s stock worth $1,256,000 after buying an additional 1,028 shares during the last quarter. Hutchens & Kramer Investment Management Group LLC bought a new stake in shares of Lennox International in the second quarter valued at approximately $216,000. Finally, Plan A Wealth LLC bought a new stake in shares of Lennox International in the second quarter valued at approximately $268,000. Institutional investors own 67.07% of the company’s stock.
About Lennox International
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.
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