Lennox International, Inc. (NYSE:LII – Get Free Report) hit a new 52-week low on Thursday . The stock traded as low as $366.81 and last traded at $366.42, with a volume of 24179 shares traded. The stock had previously closed at $375.78.
Analyst Upgrades and Downgrades
A number of equities analysts recently issued reports on the company. The Goldman Sachs Group lowered their price target on Lennox International from $625.00 to $547.00 and set a “buy” rating for the company in a report on Friday, July 31st. William Blair reissued an “outperform” rating on shares of Lennox International in a report on Wednesday, July 29th. Royal Bank Of Canada reduced their price objective on shares of 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. Weiss Ratings cut shares of Lennox International from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, August 11th. Finally, Morgan Stanley cut their price target on shares of Lennox International from $450.00 to $375.00 and set an “underweight” rating on the stock in a research note on Thursday, September 3rd. Five analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $540.33.
View Our Latest Analysis on LII
Lennox International Price Performance
Lennox International (NYSE:LII – Get Free Report) last announced its earnings results on Wednesday, July 29th. The construction company reported $7.72 EPS for the quarter, beating analysts’ consensus estimates of $7.67 by $0.05. Lennox International had a net margin of 14.61% and a return on equity of 66.42%. The business had revenue of $1.55 billion for the quarter, compared to analysts’ expectations of $1.56 billion. During the same period in the previous year, the company posted $7.82 EPS. The company’s quarterly revenue was up 3.0% on a year-over-year basis. Lennox International has set its FY 2026 guidance at 23.000-24.000 EPS. On average, equities research analysts expect that Lennox International, Inc. will post 23.56 EPS for the current fiscal year.
Institutional Inflows and Outflows
A number of institutional investors have recently bought and sold shares of LII. Beacon Pointe Advisors LLC purchased a new position in shares of Lennox International during the second quarter worth about $239,217,000. Jefferies Financial Group Inc. purchased a new stake in Lennox International during the 2nd quarter valued at approximately $3,644,000. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in Lennox International during the 2nd quarter valued at approximately $10,596,000. Capstone Investment Advisors LLC acquired a new stake in Lennox International during the 2nd quarter worth approximately $2,991,000. Finally, Legal & General Group Plc acquired a new stake in Lennox International during the 2nd quarter worth approximately $54,927,000. 67.07% of the stock is currently owned by institutional investors and hedge funds.
About Lennox International
Lennox International Inc (NYSE:LII) designs, manufactures and markets heating, ventilation, air conditioning and refrigeration products. Its offerings include residential furnaces, air conditioners, heat pumps, indoor air-quality systems, thermostats and related controls, as well as commercial heating and cooling equipment and refrigeration solutions.
The company serves residential and commercial customers through a network of independent dealers, distributors, contractors and other channel partners.
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