Lennox International, Inc. (NYSE:LII – Get Free Report)’s share price hit a new 52-week low during mid-day trading on Monday . The company traded as low as $386.92 and last traded at $386.6680, with a volume of 7903 shares traded. The stock had previously closed at $393.39.
Analyst Upgrades and Downgrades
A number of research analysts recently issued reports on LII shares. William Blair reiterated an “outperform” rating on shares of Lennox International in a report on Wednesday, July 29th. Royal Bank Of Canada cut their price target 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. The Goldman Sachs Group dropped their price objective on shares of Lennox International from $625.00 to $547.00 and set a “buy” rating for the company in a research note on Friday, July 31st. Finally, Weiss Ratings downgraded Lennox International from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, August 11th. 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. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $546.58.
Check Out Our Latest Analysis on LII
Lennox International Price Performance
Lennox International (NYSE:LII – Get Free Report) last released its earnings results on Wednesday, July 29th. The construction company reported $7.72 EPS for the quarter, beating the consensus estimate 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 return on equity of 66.42% and a net margin of 14.61%.The business’s revenue for the quarter was up 3.0% on a year-over-year basis. During the same period last year, the firm earned $7.82 EPS. Lennox International has set its FY 2026 guidance at 23.000-24.000 EPS. Equities research analysts anticipate that Lennox International, Inc. will post 23.69 earnings per share for the current year.
Institutional Investors Weigh In On Lennox International
A number of institutional investors have recently made changes to their positions in LII. California State Teachers Retirement System boosted its holdings in Lennox International by 49,193.3% during the second quarter. California State Teachers Retirement System now owns 20,842,202 shares of the construction company’s stock worth $11,941,540,000 after buying an additional 20,799,920 shares during the last quarter. BlackRock Inc. acquired a new stake in shares of Lennox International in the 2nd quarter valued at approximately $1,704,846,000. Beacon Pointe Advisors LLC bought a new position in Lennox International during the 2nd quarter worth approximately $239,217,000. Bank of America Corp DE bought a new position in shares of Lennox International during the second quarter worth $196,075,000. Finally, Deutsche Bank AG bought a new position in Lennox International during the second quarter worth about $159,181,000. 67.07% of the stock is owned by institutional investors and hedge funds.
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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